Skip Main Navigation Skip To Navigation Content

Survey of Market Absorption of Apartments (SOMA)



Annual 2001 Absorptions

Table 3. Absorption Rates for Unfurnished Apartments Completed by Number 
              of Bedrooms and Rent for the United States: 2000

(Privately financed, nonsubsidized, unfurnished, rental apartments in 
buildings with five units or more.  Data regarding number of bedrooms 
and asking rent are collected at the initial interview, i.e., 3 months 
following completion.  Details may not sum to totals because of rounding 
Medians and percents are computed using unrounded data)


                             Percent          Percent absorbed in:
                             of           3        6        9       12
  Item              Total    Total      months   months   months   months

    Total          226,200      100        72       87       94       97
Less than $550      19,700        9        74       86       95       99
$550 to $649        25,900       11        78       90       97       99
$650 to $749        36,200       16        68       86       95       98
$750 to $849        34,100       15        72       88       95       98
$850 to $949        26,500       12        68       85       92       97
$950 or more        83,700       37        72       87       93       96
Median asking rent    $841       (X)       (X)      (X)      (X)      (X)

   No bedrooms       5,800      100        71       81       87       91
Less than $550         800       13        90      100      100      100
$550 to $649           500        8        82       97      100      100
$650 to $749           400        6        81       96       99      100
$750 to $849           300        5        71       94       98       99
$850 to $949           400        6        68       91       93       98
$950 or more         3,500       61        64       70       80       85
Median asking rent   $950+       (X)       (X)      (X)      (X)      (X)

   1 bedroom        78,100      100        75       89       95       98
Less than $550      10,000       13        82       93       96       99
$550 to $649        12,100       16        79       91       97       99
$650 to $749        17,800       23        68       86       95       98
$750 to $849        11,900       15        73       88       95       98
$850 to $949         7,100        9        74       89       95       98
$950 or more        19,200       25        75       89       95       97
Median asking rent    $745       (X)       (X)      (X)      (X)      (X)

   2 bedrooms      114,100      100        70       86       94       97
Less than $550       7,100        6        71       82       94       98
$550 to $649        11,900       10        76       89       96       98
$650 to $749        15,700       14        67       85       94       97
$750 to $849        19,100       17        71       87       94       97
$850 to $949        16,300       14        66       83       91       96
$950 to $1049       11,300       10        68       85       93       97
$1050 or more       32,700       29        73       88       94       96
Median asking rent    $870       (X)       (X)      (X)      (X)      (X)


3 bedrooms or more  28,100      100        70       86       94       97
Less than $550       1,800        6        38       55       93      100
$550 to $649         1,400        5        75       92       95      100
$650 to $749         2,400        9        75       88       96       98
$750 to $849         2,800       10        70       90       98       99
$850 to $949         2,700       10        69       81       92       96
$950 to $1049        3,900       14        67       84       93       95
$1050 or more       13,100       47        73       89       94       97
Median asking rent  $1,025       (X)       (X)      (X)      (X)      (X)

X Not applicable.

Go to Annual 2001 Absorptions
Contact George Boyd at 301-763-3199 or mail to george.t.boyd@census.gov for further information on the Survey of Market Absorption of Apartments Data.

Source: U.S. Census Bureau, Social, Economic, and Housing Statistics Division
Last Revised: September 30, 2011