May 5, 2015
Beaumont apartment market overview Mar. 2015
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...
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.
| 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.
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