San Antonio, TX
End of July, 2019
General Overview
Conventional Properties
Jul 2019 Annual Chg
Occupancy 90.8 +0.8%
Unit Change 5,126 Units Absorbed (Annual) 5,904
Average Size (SF)
849 +0.4%
$1,041 +4.8%
$1.23 +4.5%
$1,022 +5.4%
$1.20 +5.0%
% Ofering Concessions 32% -7.9%
Avg. Concession Package 5.1% -15.3%
Asking Rent
Asking Rent per SF
Efective Rent
Efective Rent per SF
Market Breakdown
Property Type
% of #
#
Market Props
Avg
Occ.
SF
Mkt
Rent Concessions
Props Ofering Avg Package
Conventional 80% 978 177,146 90.8% 849 $1,041 $1,022 31.8% 5.1%
Afordable 14% 245 31,312 95.6% 907 $818 $815 5.5% 5.0%
Senior Living 4% 101 9,218 89.5% 863 $1,625 $1,620 8.3% 3.1%
Student Housing 2% 20 3,945 88.0% 1,106 $1,742 $1,722 23.5% 3.9%
1,344 221,621
Totals
Units
Average Rent
Ef
Top 5 Submarkets
Occupancy Annual Change Jul-19 Change Efective Rent ains Jul-19 Change
Greater New Braunfels 95.9% 17.5% Southwest - Lackland $766 11.9%
Boerne - Comfort 94.0% 10.2% Thousand Oaks - North of Starcrest $1,000 11.7%
Far West 91.4% 4.6% Seguin $1,035 10.3%
East of Downtown - Inside Loop 86.8% 3.8% Northwest - Helotes - Grey Forest $1,101 8.5%
Seguin 90.5% 3.6% Downtown - Riverwalk - King William $1,555 8.1%
New Units
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