Feb 11, 2014
ALN Dallas-Fort Worth apartments Jan. 2014
DALLAS-FORT WORTH - ALN Apartment Data has released January 2014 apartment occupancy and effective rent data for apartments in the DFW market. *Stabilized market is everything in a market except...
DALLAS-FORT WORTH – ALN Apartment Data has released January 2014 apartment occupancy and effective rent data for apartments in the DFW market.
| Dallas-Fort Worth Market | Stabilized Market* | |
| Jan. 2014 | Annual Change | |
| Occupancy rate | 93.3 | 0.8% |
| Units added | -2,660 | – |
| Units absorbed (annual) | 1,551 | – |
| Average size (SF) | 858 | 0% |
| Asking rent | $858 | +3.8% |
| Effective rent | $847 | +4.3% |
| Effective rent per SF | $0.99 | +4.3% |
| Offering concessions | 35% | -19.1% |
| Avg. concession package | 3.9% | -15.4% |
*Stabilized market is everything in a market except for apartments in initial lease-up.
| Plan Type | % of Market | Avg. SF | Avg. Market Rent/Mo. | Avg. Eff. Rent/Mo. |
| Efficiency | 2.4% | 492 | $611 | $603 |
| 1 BR | 47.5% | 699 | $756 | $745 |
| 1 DEN | 3.3% | 899 | $961 | $950 |
| 2 BR | 38.5% | 1,010 | $953 | $939 |
| 2 DEN | 1.1% | 1,302 | $1,418 | $1,405 |
| 3 BR | 6.2% | 1,248 | $1,109 | $1,094 |
| >3 BR | 0.9% | 1,406 | $1,554 | $1,544 |
Read more at ALN Market News.
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