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Victoria apartment stats Jan. 2013Victoria apartment stats Jan. 2013https://www.recenter.tamu.edu/news/newstalk-texas/?Item=80722013-03-05T06:37:00Z2013-03-04T00:00:00Z

VICTORIA - Multifamily statistics for the Victoria area have been provided by San Antonio-based Apartment MarketData Research.

The area’s apartments remained relatively affordable in the three months ending January 2013, as Victoria’s units averaged $0.789 per sf, compared with an average of $0.914 for the Texas metro average.

Victoria’s occupancy in units built since 2010 lagged behind the Texas metro average, with a 68.5 percent occupancy rate in the area, compared with 96.3 percent for the Texas metro average.

Victoria Apartment Statistics Jan. 2013*
  Victoria Texas Metro
Average
Average rent per sf
(units built 2000-2009)
$0.783 $1.008
Average rent per sf
(units built since 2010)
$1.334 $1.160
Average rent per sf** $0.789 $0.914
Average occupancy
(units built 2000-2009)
99.6% 96.8%
Average occupancy
(units built since 2010)
68.5% 96.3%
Average occupancy** 95.5% 95.5%
Total units built 2000-2009 468 362,609
Total units built since 2010 406 40,721
Total units** 5,136 1,643,270

*Trailing three months
**Units reporting prior to 1970 through the present

For other Texas areas, see Apartment MarketData Research.

Source: Apartment MarketData Research

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