Dec 19, 2014
Beaumont apartment overview Oct. 2014
BEAUMONT - Apartment MarketData Research Services LLC has released October 2014 data. The multifamily market data represent three months trailing (August–October 2014). As a rule these represent all properties except...
BEAUMONT – Apartment MarketData Research Services LLC has released October 2014 data. The multifamily market data represent three months trailing (August–October 2014).
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 | 2,030 | 94.6% | $0.778 | 824 | 132,294 | 96.4% | $0.852 | 832 |
| 1970’s | 5,042 | 92.4% | $0.766 | 838 | 383,819 | 95.8% | $0.841 | 818 |
| 1980’s | 4,930 | 96.7% | $0.857 | 751 | 488,257 | 96.9% | $0.928 | 780 |
| 1990’s | 1,840 | 96.8% | $0.775 | 880 | 226,024 | 97.4% | $1.080 | 922 |
| 2000’s | 4,733 | 96.2% | $0.940 | 924 | 366,007 | 97.4% | $1.046 | 963 |
| 2010’s | 831 | 96.4% | $0.713 | 924 | 70,963 | 97.2% | $1.194 | 927 |
| Totals | 19,406 | 95.2% | $0.833 | 843 | 1,667,364 | 96.8% | $0.966 | 859 |
*Rate: Rental Rate is the average market rate expressed as ($/SF/month).
**Size: The average size of each unit expressed as (SF/unit).
Click to see the full October 2014 Beaumont Multihousing Market Conditions Report, including previous data.
Source: Apartment MarketData Research Services LLC, San Antonio
tag: Texas apartment
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