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ALN: Austin, Atlanta, DFW, Houston, Phoenix, San Antonio, ALN: Austin, Atlanta, DFW, Houston, Phoenix, San Antonio, https://www.recenter.tamu.edu/news/newstalk-texas/?Item=49462014-02-13T08:51:00Z2014-02-13T06:45:00Z

AUSTIN, DFW, HOUSTON, SAN ANTONIO - ALN Apartment Data released the January 2014 review of occupancy, effective rent and more for Austin, Dallas-Fort Worth (DFW), Houston and San Antonio.

For reference, Atlanta, Ga., and Phoenix, Ariz., are shown. The general overview includes properties in initial lease-up.

General Overview Jan. 2014
 Markets Austin DFW Houston San
Antonio
Atlanta Phoenix
Occupancy rate 92.2 92.4 91.6 90.3 91.5 92.0
Units added 4,761 10,360 7,185 2,381 1,943 748
Units absorbed (annual) 1,914 11,771 11,342 1,100 5,812 2,221
Average size (SF) 853 860 873 835 1,015 839
Asking rent $1,029 $877 $897 $832 $867 $765
Effective rent $1,022 $864 $884 $813 $857 $750
Effective rent per SF $1.20 $1.00 $1.01 $0.97 $0.84 $0.89
Offering concessions 14% 36% 33% 43% 34% 47%
Avg. concession package 4.2% 4.2% 4.7% 4.9% 4.2% 4.9%

*Stabilized market is everything in a market except for apartments in initial lease-up.

Read more at ALN Apartment Data.

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