ALN's Apartment Monthly News
January 2009 Edition
ALN METRO SUMMARY OCCUPANCY AVERAGE QUOTED RENT / UNIT
DEC
2007		 DEC
2008
CHANGE		 DEC
2007		 DEC
2008
CHANGE
Austin 93.7% 89.0%   4.7   ( -5.2%) $ 842 $ 881   $ 39   ( 4.6%)
Dallas 90.9% 89.1%   1.8   ( -2.0%) $ 792 $ 814   $ 22   ( 2.8%)
Fort Worth 89.7% 87.7%   2.0   ( -2.3%) $ 725 $ 738   $ 13   ( 1.8%)
Houston 88.3% 88.2%   0.1   ( -0.1%) $ 737 $ 776   $ 39   ( 5.3%)
San Antonio 90.1% 88.4%   1.7   ( -2.0%) $ 709 $ 731   $ 22   ( 3.0%)
Corpus Christi 92.0%   $ 719  
TEXAS AVERAGE 90.1% 88.5%   1.6   ( -1.7%) $ 760 $ 786   $ 26   ( 3.2%)
Tampa/St. Petersburg 90.8% 89.4%   1.4   ( -1.6%) $ 836 $ 832   $ 4   ( -0.4%)
Orlando/Daytona Beach 91.2% 89.2%   2.0   ( -2.2%) $ 884 $ 893   $ 9   ( 1.0%)
Jacksonville/Gainesville 90.1% 86.1%   4.0   ( -4.6%) $ 827 $ 828   $ 1   ( 0.1%)
Fort Myers/Naples 80.0% 81.5%   1.5   ( 1.9%) $ 935 $ 896   $ 39   ( -4.2%)
West Palm Beach 90.8% 90.2%   0.6   ( -0.8%) $1116 $1110   $ 6   ( -0.5%)
Tallahassee 94.1% 88.6%   5.5   ( -6.2%) $ 894 $ 899   $ 5   ( 0.5%)
Pensacola 89.2% 84.0%   5.2   ( -6.1%) $ 759 $ 772   $ 13   ( 1.7%)
Melbourne 85.9% 81.5%   4.4   ( -5.5%) $ 746 $ 723   $ 23   ( -3.0%)
FLORIDA AVERAGE 90.2% 88.1%   2.1   ( -2.4%) $ 873 $ 872   $ 1   ( -0.1%)
Phoenix 90.0% 86.7%   3.3   ( -3.8%) $ 785 $ 776   $ 9   ( -1.2%)
Tucson 91.8% 89.5%   2.3   ( -2.6%) $ 645 $ 646   $ 1   ( 0.1%)
ARIZONA AVERAGE 90.4% 87.2%   3.2   ( -3.6%) $ 759 $ 751   $ 8   ( -1.0%)
Atlanta 90.0% 87.6%   2.4   ( -2.7%) $ 836 $ 840   $ 4   ( 0.5%)
Las Vegas 92.4% 91.2%   1.2   ( -1.3%) $ 867 $ 866   $ 1   ( 0.1%)

On a monthly basis, ALN Apartment Data successfully surveys over 92% of all properties in each of the 18 major markets we cover. The above statistics reflect only Conventional, Midrise and High-Rise apartment communities. Income Restricted, Student and Senior Housing apartment communities are not included in these statistics. In-depth, property level research and data is available for all property types (including Senior and Income Restricted) through ALN OnLine. ALN OnLine data includes Market and Effective Rents, Occupancy, Floor Plan and Unit Mix information, Market and Submarket statistics, Market Surveys, Historical Trends and Customizable Reports. Please visit www.alnsystems.com or contact your ALN representative at 1-800-643-6416 extension #1 to learn more.