Dec 5, 2014
El Paso apartment market overview Oct. 2014
EL PASO - 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...
EL PASO – 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 | El Paso | Texas | ||||||
| Units | Occ. | Rate | Size | Units | Occ. | Rate | Size | |
| < 1970 | 4,342 | 95.8% | $0.769 | 830 | 132,294 | 96.4% | $0.852 | 832 |
| 1970’s | 10,628 | 97.3% | $0.814 | 815 | 383,819 | 95.8% | $0.841 | 818 |
| 1980’s | 9,077 | 97.1% | $0.910 | 730 | 488,257 | 96.9% | $0.928 | 780 |
| 1990’s | 2,621 | 98.2% | $0.844 | 864 | 226,024 | 97.4% | $1.080 | 922 |
| 2000’s | 3,311 | 98.4% | $0.809 | 930 | 366,007 | 97.4% | $1.046 | 963 |
| 2010’s | 2,521 | 97.2% | $0.924 | 927 | 70,963 | 97.2% | $1.194 | 927 |
| Totals* | 32,500 | 97.2% | $0.844 | 818 | 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 El Paso Multihousing Market Conditions Report, including previous data.
Source: Apartment MarketData Research Services LLC, San Antonio
(Texas real estate news)
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