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ALN Jan. 2013: Abilene, Amarillo, Corpus Christi, LubbockALN Jan. 2013: Abilene, Amarillo, Corpus Christi, Lubbockhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=49692014-02-12T14:12:00Z2014-02-12T00:00:00Z

ABILENE, AMARILLO, CORPUS CHRISTI, LUBBOCK - ALN Apartment Data has released the January 2014 review of occupancy, effective rent and other data for many Texas cities.

General Overview January 2014
 Markets Abilene Amarillo Corpus
Christi
Lubbock
Occupancy rate 88.9 90.8 94.6 91.3
Units added 0 0 179 205
Units absorbed (annual) -232 126 20 246
Average size (SF) 868 811 848 844
Asking rent $658 $657 $834 $692
Effective rent $645 $647 $832 $685
Effective rent per SF $0.74 $0.80 $0.98 $0.81
Offering concessions 37% 30% 7% 22%
Avg. concession package 5.7% 4.7% 2.1% 4.3%


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