ALN's Apartment Monthly News
September 2007 Edition
ALN METRO SUMMARY OCCUPANCY AVERAGE QUOTED RENT / UNIT
AUG
2006
AUG
2007

CHANGE
AUG
2006
AUG
2007

CHANGE
Austin 92.7% 93.2%   0.5   ( 0.5%) $ 770 $ 817   $ 47   ( 5.8%)
Dallas 90.8% 91.0%   0.2   ( 0.2%) $ 749 $ 784   $ 35   ( 4.4%)
Fort Worth 89.1% 89.3%   0.2   ( 0.3%) $ 662 $ 696   $ 34   ( 4.9%)
Houston 90.7% 90.0%   0.7   ( -0.8%) $ 713 $ 731   $ 18   ( 2.5%)
San Antonio 91.2% 91.6%   0.4   ( 0.5%) $ 674 $ 698   $ 24   ( 3.4%)
TEXAS AVERAGE 90.8% 90.7%   0.1   ( -0.1%) $ 720 $ 748   $ 28   ( 3.8%)
Tampa/St. Petersburg 95.5% 92.2%   3.3   ( -3.6%) $ 804 $ 818   $ 14   ( 1.8%)
Orlando/Daytona Beach 95.8% 92.1%   3.7   ( -4.0%) $ 843 $ 857   $ 14   ( 1.6%)
Jacksonville/Gainesville 93.9% 91.3%   2.6   ( -2.9%) $ 785 $ 813   $ 28   ( 3.5%)
Fort Myers/Naples 95.3% 84.1%   11.2   ( -13.4%) $ 882 $ 877   $ 5   ( -0.5%)
West Palm Beach 95.0% 90.1%   4.9   ( -5.5%) $1067 $1056   $ 11   ( -1.0%)
Tallahassee 94.0% 94.0%   0.0   ( 0.0%) $ 812 $ 843   $ 31   ( 3.7%)
Pensacola 95.6% 92.0%   3.6   ( -3.9%) $ 724 $ 753   $ 29   ( 3.8%)
Melbourne 95.3% 87.8%   7.5   ( -8.5%) $ 749 $ 733   $ 16   ( -2.1%)
FLORIDA AVERAGE 95.2% 91.4%   3.8   ( -4.1%) $ 832 $ 846   $ 14   ( 1.7%)
Phoenix 94.6% 92.1%   2.5   ( -2.8%) $ 749 $ 779   $ 30   ( 3.9%)
Tucson 94.9% 93.2%   1.7   ( -1.8%) $ 611 $ 639   $ 28   ( 4.4%)
ARIZONA AVERAGE 94.7% 92.3%   2.4   ( -2.6%) $ 721 $ 751   $ 30   ( 4.0%)
Atlanta 92.0% 91.5%   0.5   ( -0.5%) $ 774 $ 822   $ 48   ( 5.8%)
Las Vegas 95.8% 93.4%   2.4   ( -2.6%) $ 826 $ 847   $ 21   ( 2.5%)

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.