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ALN: Atlanta, Austin, DFW, Houston, Phoenix, San AntonioALN: Atlanta, Austin, DFW, Houston, Phoenix, San Antoniohttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=82882013-02-12T08:16:00Z2013-02-11T00:00:00Z

AUSTIN, DFW, HOUSTON, SAN ANTONIO - ALN Apartment Data has released the January 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.

General Overview January 2013
 Markets Austin DFW Houston San Antonio Atlanta Phoenix
Occupancy rate 93.8 92.0 90.7 91.2 90.4 91.4
Units added 3,312 8,359 4,138 3,357 1,478 319
Units absorbed (annual) 3,326 10,727 13,675 4,156 4,778 1,960
Average size (SF) 855 861 873 834 1,017 840
Asking rent $947 $837 $843 $802 $818 $738
Effective rent $941 $822 $825 $785 $804 $720
Effective rent per SF $1.10 $0.95 $0.95 $0.94 $0.79 $0.86
Offering concessions 17% 43% 45% 44% 39% 53%
Avg. concession package 3.9% 4.6% 5.3% 5.0% 5.1% 5.4%


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