TEXAS MULTIFAMILY OCCUPANCY, RENTS DOWN LAST MONTH
CARROLLTON (ALNsystems.com) – The number of apartments rented statewide dropped 2.4 percent between December 2008 and December 2009, according to the latest figures from ALN. Meanwhile, rents fell by an average of 2.5 percent.
Here's how select cities fared for the year ending December 2009:
Occupancy stayed roughly the same, while average monthly rent dropped 4.7 percent from $827 to $788.