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Wichita Falls apartment market overview Oct. 2014Wichita Falls apartment market overview Oct. 2014https://www.recenter.tamu.edu/news/newstalk-texas/?Item=23242014-12-06T10:35:00Z2014-12-03T00:00:00Z

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.

Multihousing Market Condition Comparison Aug.–Oct. 2014
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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