Dec 12, 2014
Amarillo apartment market overview Oct. 2014
AMARILLO - 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...
AMARILLO – 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 | Amarillo | Texas | ||||||
| Units | Occ. | Rate | Size | Units | Occ. | Rate | Size | |
| < 1970 | 1,858 | 95.2% | $0.793 | 785 | 132,294 | 96.4% | $0.852 | 832 |
| 1970’s | 4,266 | 90.8% | $0.735 | 788 | 383,819 | 95.8% | $0.841 | 818 |
| 1980’s | 4,743 | 96.1% | $0.857 | 753 | 488,257 | 96.9% | $0.928 | 780 |
| 1990’s | 414 | 94.9% | $0.816 | 811 | 226,024 | 97.4% | $1.080 | 922 |
| 2000’s | 2,356 | 98.3% | $0.822 | 919 | 366,007 | 97.4% | $1.046 | 963 |
| 2010’s | 643 | 96.9% | $0.603 | 1,044 | 70,963 | 97.2% | $1.194 | 927 |
| Totals* | 14,280 | 94.7% | $0.791 | 810 | 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).
*Totals include four-bedroom units.
Click to see the full October 2014 Amarillo Multihousing Market Conditions Report, including previous data.
Source: Apartment MarketData Research Services LLC, San Antonio
tag: apartment research
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