Jul 29, 2014
Beaumont Apartment MarketData stats: May 2014
BEAUMONT - Apartment MarketData Research Services LLC released May 2014 data. The multifamily market data represent three months trailing (March–May 2014). As a rule these represent all properties except those...
BEAUMONT – Apartment MarketData Research Services LLC released May 2014 data. The multifamily market data represent three months trailing (March–May 2014).
As a rule these represent all properties except those that are leased but not occupied.
Age Group | Beaumont | Texas | ||||||
Units | Occ. | Rate | Size | Units | Occ. | Rate | Size | |
< 1970 | 2,304 | 97.4% | $0.782 | 810 | 134,614 | 96.5% | $0.837 | 832 |
1970’s | 4,758 | 95.0% | $0.756 | 838 | 385,921 | 95.7% | $0.818 | 818 |
1980’s | 4,562 | 97.6% | $0.844 | 762 | 489,131 | 97.0% | $0.906 | 780 |
1990’s | 1,732 | 96.3% | $0.758 | 871 | 225,076 | 97.6% | $1.064 | 922 |
2000’s | 4,381 | 97.6% | $0.878 | 924 | 365,322 | 97.4% | $1.032 | 963 |
2010’s | 831 | 97.7% | $0.707 | 924 | 62,245 | 97.3% | $1.176 | 926 |
Totals | 18,568 | 96.8% | $0.808 | 843 | 1,662,309 | 96.8% | $0.946 | 858 |
Rate: Rental Rate is the average market rate expressed as ($/SF/month).
Size: The average size of each unit expressed as (SF/unit).
Source: Apartment MarketData Research Services LLC, San Antonio
See the full report and remember other data are available under Multifamily in Beaumont-Port Arthur Market Data Sources.
In This Article
Topics
You might also like
SUBSCRIBE TO OUR
Publications
Receive our economic and housing reports and newsletters for free.