Sep 15, 2014
ALN: Austin, Atlanta, DFW, Houston, Tucson, San Antonio
AUSTIN, DFW, HOUSTON, SAN ANTONIO - ALN Apartment Data released the August 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 August 2014 review of occupancy, effective rent and more for Austin, Dallas-Fort Worth (DFW), Houston and San Antonio.
For reference, Atlanta, Ga., and Tucson, Ariz., are shown. The general overview includes properties in initial lease-up.
| Markets | Austin | DFW | Houston | San Antonio | Atlanta | Tucson |
| Occupancy rate | 93.4 | 93.5 | 92.7 | 91.3 | 92.9 | 90.1 |
| Units added | 6,721 | 9,479 | 12,702 | 3,225 | 4,852 | 331 |
| Units absorbed (annual) | 4,704 | 12,814 | 14,385 | 2,104 | 7,193 | -67 |
| Average size (SF) | 851 | 860 | 873 | 838 | 1,014 | 731 |
| Asking rent | $1,083 | $919 | $950 | $861 | $923 | $641 |
| Effective rent | $1,077 | $909 | $939 | $846 | $917 | $616 |
| Effective rent per SF | $1.26 | $1.06 | $1.07 | $1.01 | $0.90 | $0.84 |
| Offering concessions | 12% | 28% | 24% | 40% | 22% | 61% |
| Avg. concession package | 4.2% | 4.1% | 4.9% | 4.3% | 3.9% | 6.5% |
Read more at ALN Apartment Data.
Did you like this NewsTalk?
You might also like
PUBLISHED SINCE 1977
TG Magazine
Check out the latest issue of our flagship publication.