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Houston Apartment MarketData stats: May 2014Houston Apartment MarketData stats: May 2014https://www.recenter.tamu.edu/news/newstalk-texas/?Item=37482014-12-12T07:36:00Z2014-07-01T00:00:00Z

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.

Multihousing Market Condition Comparison
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

Company News Release
Houston-The Woodlands-Sugar Land
Multifamily
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