Victoria apartment stats Jan. 2013
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 | 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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