Oct 10, 2014
ALN: Austin, Atlanta, DFW, Houston, Tucson, San Antonio
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...
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.
| 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.
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