Apr 5, 2013
San Antonio ALN apartment data March 2013
SAN ANTONIO - ALN Apartment Data released March statistics for apartments in the San Antonio market. *Same store is everything in a market except for apartments in initial lease-up. Read...
SAN ANTONIO – ALN Apartment Data released March statistics for apartments in the San Antonio market.
| San Antonio Market | Same Store* | |
| March 2013 | Annual Change | |
| Occupancy rate | 92.4 | 0.9% |
| Units added | -47 | – |
| Units absorbed (annual) | 1,534 | – |
| Average size (SF) | 833 | -0.2% |
| Asking rent | $795 | 3.9% |
| Effective rent | $778 | 4.7% |
| Effective rent per SF | $0.93 | 4.8% |
| Offering concessions | 42% | -15.0% |
| Avg. concession package | 4.8% | -9.5% |
*Same store 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 | 3.4% | 463 | $543 | $534 |
| 1 BR | 45.8% | 669 | $686 | $672 |
| 1 DEN | 2.1% | 873 | $837 | $827 |
| 2 BR | 38.9% | 988 | $891 | $873 |
| 2 DEN | 1.0% | 1,190 | $1,080 | $1,065 |
| 3 BR | 7.7% | 1,248 | $1,096 | $1,080 |
| >3 BR | 1.1% | 1,535 | $1,720 | $1,716 |
Read more at ALN Market News.
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