ALN's Apartment Monthly News
October 2007 Edition
ALN METRO SUMMARY OCCUPANCY AVERAGE QUOTED RENT / UNIT
SEP
2006		 SEP
2007
CHANGE		 SEP
2006		 SEP
2007
CHANGE
Austin 93.7% 94.0%   0.3   ( 0.3%) $ 772 $ 822   $ 50   ( 6.0%)
Dallas 90.4% 90.9%   0.5   ( 0.5%) $ 751 $ 784   $ 33   ( 4.2%)
Fort Worth 89.3% 89.4%   0.1   ( 0.1%) $ 661 $ 700   $ 39   ( 5.5%)
Houston 90.0% 90.0%   0.0   ( -0.1%) $ 709 $ 731   $ 22   ( 3.0%)
San Antonio 91.3% 96.3%   5.0   ( 5.2%) $ 675 $ 702   $ 27   ( 3.8%)
TEXAS AVERAGE 90.6% 91.2%   0.6   ( 0.7%) $ 719 $ 750   $ 31   ( 4.1%)
Tampa/St. Petersburg 95.0% 92.0%   3.0   ( -3.4%) $ 806 $ 816   $ 10   ( 1.3%)
Orlando/Daytona Beach 95.5% 92.1%   3.4   ( -3.6%) $ 846 $ 855   $ 9   ( 1.0%)
Jacksonville/Gainesville 94.0% 91.2%   2.8   ( -3.1%) $ 787 $ 812   $ 25   ( 3.0%)
Fort Myers/Naples 93.5% 82.5%   11.0   ( -13.3%) $ 880 $ 876   $ 4   ( -0.5%)
West Palm Beach 93.5% 90.7%   2.8   ( -3.1%) $1062 $1060   $ 2   ( -0.3%)
Tallahassee 93.8% 94.5%   0.7   ( 0.8%) $ 812 $ 844   $ 32   ( 3.7%)
Pensacola 95.7% 91.7%   4.0   ( -4.4%) $ 725 $ 753   $ 28   ( 3.8%)
Melbourne 94.4% 86.9%   7.5   ( -8.6%) $ 752 $ 731   $ 21   ( -2.9%)
FLORIDA AVERAGE 94.7% 91.3%   3.4   ( -3.7%) $ 834 $ 845   $ 11   ( 1.3%)
Phoenix 94.3% 91.3%   3.0   ( -3.2%) $ 753 $ 778   $ 25   ( 3.3%)
Tucson 94.9% 93.1%   1.8   ( -1.9%) $ 617 $ 650   $ 33   ( 5.1%)
ARIZONA AVERAGE 94.4% 91.7%   2.7   ( -3.0%) $ 726 $ 753   $ 27   ( 3.6%)
Atlanta 91.8% 91.1%   0.7   ( -0.7%) $ 779 $ 824   $ 45   ( 5.4%)
Las Vegas 95.1% 93.4%   1.7   ( -1.8%) $ 829 $ 848   $ 19   ( 2.3%)

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.