Beaumont apartment market overview Mar. 2015 | Beaumont apartment market overview Mar. 2015 | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=1114 | 2015-05-05T10:50:00Z | 2015-05-05T00:00:00Z |
BEAUMONT - Apartment MarketData Research Services LLC has released March 2015 data. The multifamily market data represent three months trailing (Jan.–Mar. 2015).
As a rule these represent all properties except those that are leased but not occupied units.
Multihousing Market Condition Comparison Jan.–Mar. 2015
Age
Group |
Beaumont |
Texas |
Units |
Occ. |
Rate |
Size |
Units |
Occ. |
Rate |
Size |
< 1970 |
2,014 |
96.0% |
$0.777 |
830 |
115,216 |
96.1% |
$0.875 |
834 |
1970's |
3,845 |
91.8% |
$0.757 |
852 |
355,392 |
95.8% |
$0.850 |
819 |
1980's |
3,408 |
93.2% |
$0.823 |
784 |
468,033 |
96.6% |
$0.943 |
782 |
1990's |
806 |
97.3% |
$0.884 |
903 |
192,525 |
97.0% |
$1.146 |
926 |
2000's |
3,456 |
95.7% |
$1.061 |
912 |
259,916 |
96.6% |
$1.179 |
959 |
2010's |
128 |
95.3% |
$0.997 |
896 |
58,242 |
95.8% |
$1.351 |
928 |
Totals* |
13,657 |
94.1% |
$0.868 |
850 |
1,449,324 |
96.4% |
$1.011 |
852 |
Rate: Rental Rate is the average market rate expressed as ($/SF/month).
Size: The average size of each unit expressed as (SF/unit).
*Totals include four-bedroom units.
Source: Apartment MarketData Research Services LLC, San Antonio
See Beaumont-Port Arthur Market Research and Beaumont-Port Arthur NewsTalk.
| Company News Release
| Beaumont-Port Arthur
| Multifamily
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