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Beaumont Apartment MarketData stats: May 2014Beaumont Apartment MarketData stats: May 2014https://www.recenter.tamu.edu/news/newstalk-texas/?Item=34912014-07-29T07:41:00Z2014-07-29T00:00:00Z

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.

Multihousing Market Condition Comparison March–May 2014
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.

Company News Release
Beaumont-Port Arthur
Multifamily
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