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ALN: Austin, Atlanta, DFW, Houston, Tucson, San AntonioALN: Austin, Atlanta, DFW, Houston, Tucson, San Antoniohttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=28132014-10-10T06:52:00Z2014-10-10T06:50:00Z

AUSTIN, DFW, HOUSTON, SAN ANTONIO - ALN Apartment Data released the September 2014 review of occupancy, effective rent and more for Austin, Dallas-Fort Worth (DFW), Houston and San Antonio.

For reference, Atlanta, Ga., and Tampa, Fla., are shown. The general overview includes properties in initial lease-up.

General Overview Sept. 2014
Markets Austin DFW Houston San
Antonio
Atlanta Tampa
Occupancy rate 93.5 93.5 92.3 91.5 92.9 93.6
Units added 7,178 9,618 12,858 3,194 4,851 4,145
Units absorbed (annual) 5,679 12,249 10,686 2,462 6,970 4,174
Average size (SF) 852 860 873 837 1,014 920
Asking rent $1,091 $923 $958 $863 $931 $943
Effective rent $1,084 $913 $946 $848 $925 $937
Effective rent per SF $1.27 $1.06 $1.08 $1.01 $0.91 $1.02
Offering concessions 12% 26% 23% 39% 21% 17%
Avg. concession package 4.8% 4.1% 5.0% 4.4% 4.1% 3.7%


Read more at ALN Apartment Data.

ALN Apartment Data
Texas
Multifamily
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