Nov 12, 2013
ALN apartment 3Q cities: Tex., Fla., Ariz.
AUSTIN, CORPUS CHRISTI, HOUSTON - ALN Apartment Data has released its third quarter 2013 review of overall occupancy and effective rent. The sample includes Austin, Corpus Christi, Houston and Texas. Two...
AUSTIN, CORPUS CHRISTI, HOUSTON – ALN Apartment Data has released its third quarter 2013 review of overall occupancy and effective rent. The sample includes Austin, Corpus Christi, Houston and Texas. Two cities each are listed in Florida and Arizona.
The sample overall market summary below includes properties in initial lease-up.
| Metro | Occupancy | Effective Rent | ||||
| Sept. ’12 | Sept. ’13 | % Chg. | Sept. ’12 | Sept. ’13 | % Chg. | |
| Austin | 95.0% | 94.5% | -0.5 | $937 | $1,010 | 7.8 |
| Corpus Christi | 96.1% | 95.5% | -0.6 | $767 | $821 | 7.0 |
| Houston | 92.4% | 92.6% | 2.0 | $817 | $869 | 6.4 |
| Texas Avg.** | 92.4% | 92.9% | 0.5 | $822 | $870 | 5.8 |
| Melbourne | 92.8% | 94.5% | 1.8 | $709 | $758 | 6.9 |
| Pensacola | 91.5% | 93.4 | 2.1 | $787 | $829 | 5.3 |
| Florida Avg.** | 92.7% | 93.1% | 0.4 | $853 | $893 | 4.7 |
| Phoenix | 91.8% | 92.2% | 0.4 | $713 | $743 | 4.2 |
| Tucson | 90.6% | 89.8% | -0.9 | $605 | $617 | 2.0 |
| Arizona Avg. | 91.5% | 91.8% | 0.3 | $693 | $719 | 3.8 |
*Statistics reflect only conventional, midrise and high-rise apartment communities. Income restricted, student housing or senior independent housing are not included.
**All cities surveyed are included in the state average.
Read more at ALN Apartment Data.
Did you like this NewsTalk?
You might also like
PUBLISHED SINCE 1977
TG Magazine
Check out the latest issue of our flagship publication.