Wichita Falls apartment market overview Oct. 2014
WICHITA FALLS – 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 | Wichita Falls | Texas | ||||||
| Units | Occ. | Rate* | Size** | Units | Occ. | Rate* | Size** | |
| < 1970 | 1,059 | 93.8% | $0.806 | 754 | 132,294 | 96.4% | $0.852 | 832 |
| 1970’s | 2,383 | 94.9% | $0.707 | 846 | 383,819 | 95.8% | $0.841 | 818 |
| 1980’s | 1,679 | 94.0% | $0.743 | 807 | 488,257 | 96.9% | $0.928 | 780 |
| 1990’s | 530 | 96.6% | $0.754 | 895 | 226,024 | 97.4% | $1.080 | 922 |
| 2000’s | 1,194 | 96.2% | $0.726 | 933 | 366,007 | 97.4% | $1.046 | 963 |
| 2010’s | 0 | 0.0% | $0 | 0 | 70,963 | 97.2% | $1.194 | 927 |
| Totals*** | 6,845 | 94.9% | $0.737 | 841 | 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 Wichita Falls Multihousing Market Conditions Report, including previous data.
Source: Apartment MarketData Research Services LLC, San Antonio
Remember, this report and other data are available in Wichita Falls Market Data Sources.
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