San Antonio, TX
General Overview
End of July, 2020
Conventional Properties Jul 2020 Annual Chg
Occupancy 89.7 -1.3%
Unit Change 5,255
Units Absorbed (Annual) 2,783
Average Size (SF) 847 0%
Asking Rent $1,046 +0.5%
Asking Rent per SF $1.23 +0.5%
Efective Rent $1,019 -0.2%
Efective Rent per SF $1.20 -0.2%
% Ofering Concessions 39% +22.0%
Avg. Concession Package 5.7% +11.4%
Market Breakdown
% of # # Avg Average Rent Rent Concessions
Property Type Market Props Units Occ. SF Mkt Ef Props Ofering Avg Package
Conventional 79% 980 182,932 89.7% 847 $1,046 $1,019 38.9% 5.7%
Afordable 15% 260 33,659 88.9% 918 $840 $832 12.4% 6.4%
Senior Living 4% 108 10,126 75.1% 863 $1,722 $1,716 7.9% 6.2%
Student Housing 2% 21 4,107 90.2% 1,098 $1,760 $1,747 22.2% 3.6%
Totals 1,369 230,824
Top 5 Submarkets
Occupancy Annual Change Jul-20 Change
La Cantera - Dominion - The Rim - Camp Bullis 90.0% 10.5%
Seguin 95.6% 4.3%
Northeast - Universal City - Live Oak - Shertz 93.8% 3.6%
Southeast - China Grove 92.2% 1.8%
Far West 92.9% 1.7%
Efective Rent ains Jul-20 Change
East of Downtown - Inside Loop $931 14.4%
Kerrville $881 7.6%
Windcrest - Converse - Randolph $901 4.7%
Southwest - Lackland $764 2.7%
Alamo Heights - Terrell Hills - Olmos Park $1,088 2.4%
New Units
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www.saaaonline.org | SEPTEMBER NATIONWIDE 2020 MULTIFAMILY SPECIAL EDITION DATA 47