Jun 12, 2013
DFW ALN apartment data May 2013
DALLAS-FORT WORTH - ALN Apartment Data has released the May 2013 apartment occupancy, effective rent data and more for apartments in the Dallas-Fort Worth market. *Stabilized market is everything in...
DALLAS-FORT WORTH – ALN Apartment Data has released the May 2013 apartment occupancy, effective rent data and more for apartments in the Dallas-Fort Worth market.
Dallas-Fort Worth | Stabilized Market* | |
| May 2013 | Annual Change | |
| Occupancy rate | 93.6 | 0.7% |
| Units added | -265 | – |
| Units absorbed (annual) | 5,425 | – |
| Average size (SF) | 860 | -0.6% |
| Asking rent | $847 | 3.2% |
| Effective rent | $834 | 3.6% |
| Effective rent per SF | $0.97 | 4.2% |
| Offering concessions | 39% | -15.3% |
| Avg. concession package | 4.3% | -8.1% |
*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% | 490 | $582 | $573 |
| 1 BR | 47.6% | 698 | $743 | $732 |
| 1 DEN | 3.4% | 901 | $949 | $939 |
| 2 BR | 38.5% | 1,009 | $935 | $920 |
| 2 DEN | 1.2% | 1,299 | $1,417 | $1,404 |
| 3 BR | 6.2% | 1,248 | $1,086 | $1,069 |
| >3 BR | 0.9% | 1,413 | $1,545 | $1,531 |
Read more at ALN Market News.
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