Apr 25, 2013
ALN: Atlanta, Austin, DFW, Houston, Phoenix, San Antonio
AUSTIN, DFW, HOUSTON, SAN ANTONIO - ALN Apartment Data has released the March review of occupancy, effective rent and more for Austin, Dallas-Fort Worth (DFW), Houston and San Antonio. For reference,...
AUSTIN, DFW, HOUSTON, SAN ANTONIO – ALN Apartment Data has released the March 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.
| Markets | Austin | DFW | Houston | San Antonio | Atlanta | Phoenix |
| Occupancy rate | 94.1 | 92.4 | 91.2 | 90.8 | 90.8 | 99.1 |
| Units added | 3,433 | 7,206 | 3,604 | 4,178 | 861 | 461 |
| Units absorbed (annual) | 3,389 | 9,404 | 13,672 | 3,335 | 4,168 | 18,650 |
| Average size (SF) | 855 | 861 | 873 | 837 | 1,018 | 842 |
| Asking rent | $961 | $847 | $853 | $812 | $828 | $746 |
| Effective rent | $954 | $832 | $835 | $795 | $815 | $726 |
| Effective rent per SF | $1.12 | $0.97 | $0.96 | $0.95 | $0.80 | $0.86 |
| Offering concessions | 17% | 42% | 43% | 42% | 38% | 53% |
| Avg. concession package | 3.8% | 4.4% | 5.3% | 4.8% | 5.1% | 5.6% |
Read more at ALN Apartment Data.
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