Jul 1, 2014
Houston Apartment MarketData stats: May 2014
HOUSTON - 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...
HOUSTON – 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 units.
| Age Group | Houston | Texas | ||||||
| Units | Occ. | Rate | Size | Units | Occ. | Rate | Size | |
| < 1970 | 36,136 | 95.7% | $0.876 | 848 | 134,614 | 96.5% | $0.837 | 832 |
| 1970’s | 157,179 | 94.8% | $0.806 | 834 | 385,921 | 95.7% | $0.818 | 818 |
| 1980’s | 111,244 | 96.0% | $0.880 | 797 | 489,131 | 97.0% | $0.906 | 780 |
| 1990’s | 60,177 | 97.1% | $1.154 | 932 | 225,076 | 97.6% | $1.064 | 922 |
| 2000’s | 111,575 | 97.4% | $1.084 | 988 | 365,322 | 97.4% | $1.032 | 963 |
| 2010’s | 16,316 | 97.9% | $1.309 | 952 | 62,245 | 97.3% | $1.176 | 926 |
| Totals | 492,627 | 96.1% | $0.960 | 877 | 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).
Click to see the May 2014 Houston-Galveston full report, including historical data.
Source: Apartment MarketData Research Services LLC, San Antonio
See more multihousing data under Houston-Sugar Land-Baytown Market Data Sources.
tag: Texas apartment data
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