Corpus Christi apartment stats Dec. 2012Corpus Christi apartment stats Dec. 2012https://www.recenter.tamu.edu/news/newstalk-texas/?Item=84232013-01-29T08:44:00Z2013-01-29T00:00:00Z

CORPUS CHRISTI - Multifamily statistics for the Corpus Christi area have been provided by San Antonio-based Apartment MarketData Research.

The area’s apartments remained relatively affordable in the three months ending December 2012, as Corpus Christi’s units averaged $0.855 per sf, compared to an average of $0.912 for all of Texas’ metro areas.

Corpus Christi’s occupancy in units built since 2000 slightly outpaced the Texas metro average, with a 98.2 percent occupancy rate in the area, compared to 96.8 percent for the Texas metro average.

Corpus Christi Apartment Statistics Dec. 2012*
  Corpus Christi Texas Metro
Average rent per sf $0.855 $0.912
Average rent per sf
(units built since 2000)
$0.885 $1.023
Average occupancy 97.3% 95.6%
Average occupancy
(units built since 2000)
98.2% 96.8%
Total units 31,704 1,644,294
Total units built since 2000 5,668 402,303

*Trailing three months

For other Texas areas, see Apartment MarketData Research.

Source: Apartment MarketData Research

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