Skip Main Navigation Skip To Navigation Content

Survey of Market Absorption of Apartments (SOMA)



Annual 2005 Absorptions:

Table 15.  Unfurnished Apartments Completed, by Rent Class:  1970, 1975 to 2004
(Privately financed, nonsubsidized, unfurnished rental apartments in buildings with five units 
because of rounding.)

Number of units

                  Less     $250      $350        $450        $550     $650       $750     $850       $950    $1,050  
                  than       to        to          to          to       to         to       to         to        or  Median
 Year   Total     $250     $349      $449        $549        $649     $749       $849     $949     $1,050      more    rent

2004  153,800     (NA)     (NA)        (NA)        (NA)  \10 18,400   19,000     17,800    17,900     14,200   66,400  $976 
2003  166,500     (NA)     (NA)        (NA)        (NA)  \10 25,000   22,800     22,800    15,500     13,900   66,600  $931
2002  204,100     (NA)     (NA)        (NA)        (NA)  \10 29,700   30,300     29,100    18,900     18,700   77,400  $918
2001  193,100     (NA)     (NA)        (NA)  \9  13,800      20,800   25,100     27,800    28,100 \11 77,400     (NA)  $881
2000  226,200     (NA)     (NA)        (NA)  \9  19,700      25,900   36,200     34,100    26,500 \11 83,700     (NA)  $841

1999  225,900     (NA)     (NA)   \6  8,400      16,200      29,900   43,400     36,100 \8 91,900      (NA)      (NA)  $791
1998  209,900     (NA)     (NA)   \6 13,000      26,200      31,000   41,200     31,400 \8 67,100      (NA)      (NA)  $734
1997  189,200     (NA)     (NA)   \6 14,700      22,100      29,900   37,300     26,400 \8 58,700      (NA)      (NA)  $724
1996  191,300     (NA)   \2 4,300    14,700      32,700      36,200   34,700  \7 68,800    (NA)        (NA)      (NA)  $672
1995  155,000     (NA)   \2 9,300    12,000      26,700      28,000   27,600  \7 51,400    (NA)        (NA)      (NA)  $655

1994  104,000     (NA)   \2 6,700    14,500      25,100      21,900   15,200  \7 20,700    (NA)        (NA)      (NA)  $576
1993   77,200     (NA)   \2 4,900    11,900      18,500      13,800    8,900  \7 19,300    (NA)        (NA)      (NA)  $573
1992  110,200     (NA)  \2 10,500    13,100      23,900      21,200   12,300  \7 29,300    (NA)        (NA)      (NA)  $586
1991  165,300     (NA)  \2 13,200    13,700      32,500      36,100   22,600  \7 47,100    (NA)        (NA)      (NA)  $614
1990  214,300     (NA)  \2 14,000    25,300      45,700      43,900   32,300  \7 53,000    (NA)        (NA)      (NA)  $600

1989  246,400     (NA)  \2 14,100    33,700      54,400  \5 144,000    (NA)      (NA)      (NA)        (NA)      (NA)  $550+
1988  284,500     (NA)  \2 16,800    50,400      68,500  \5 148,800    (NA)      (NA)      (NA)        (NA)      (NA)  $550+
1987  345,600     (NA)  \2 23,600    84,800      89,800  \5 147,500    (NA)      (NA)      (NA)        (NA)      (NA)  $517
1986  407,600     (NA)  \2 64,700   130,600  \4 212,400     (NA)       (NA)      (NA)      (NA)        (NA)      (NA)  $457
1985  364,500     (NA)  \2 72,100   132,500  \4 159,900     (NA)       (NA)      (NA)      (NA)        (NA)      (NA)  $432

1984  313,200     (NA)  \2 90,800   126,400  \4  95,900     (NA)       (NA)      (NA)      (NA)        (NA)      (NA)  $393
1983  191,500     (NA)  \2 62,700    76,300  \4  52,500     (NA)       (NA)      (NA)      (NA)        (NA)      (NA)  $386
1982  117,000    6,500     34,800 \3 75,800     (NA)        (NA)       (NA)      (NA)      (NA)        (NA)      (NA)  $385
1981  135,400   12,400     56,800 \3 66,100     (NA)        (NA)       (NA)      (NA)      (NA)        (NA)      (NA)  $347
1980  196,100   39,800     95,600 \3 60,700     (NA)        (NA)       (NA)      (NA)      (NA)        (NA)      (NA)  $308

1979  241,200   89,700  \1 151,500    (NA)      (NA)        (NA)       (NA)      (NA)      (NA)        (NA)      (NA)  $272
1978  228,700  113,500  \1 115,200    (NA)      (NA)        (NA)       (NA)      (NA)      (NA)        (NA)      (NA)  $251
1977  195,600  123,800  \1  71,800    (NA)      (NA)        (NA)       (NA)      (NA)      (NA)        (NA)      (NA)  $232
1976  157,000  113,100  \1  43,800    (NA)      (NA)        (NA)       (NA)      (NA)      (NA)        (NA)      (NA)  $219
1975  223,100  160,800  \1  62,100    (NA)      (NA)        (NA)       (NA)      (NA)      (NA)        (NA)      (NA)  $211

1970  328,400  282,900  \1  45,500    (NA)      (NA)        (NA)       (NA)      (NA)      (NA)        (NA)      (NA)  $188

Table 15 continued

Percent of units

                  Less     $250     $350     $450     $550     $650     $750     $850      $950    $1,050 
                  than       to       to       to       to       to       to       to        to        or      Median
 Year   Total     $250     $349     $449     $549     $649     $749     $849     $949    $1,049      more        rent

2004      100     (NA)     (NA)     (NA)     (NA)  \10  12       12       12       12        9        43          (X) 
2003      100     (NA)     (NA)     (NA)     (NA)  \10  15       14       14        9        8        40          (X) 
2002      100     (NA)     (NA)     (NA)     (NA)  \10  15       15       14        9        9        38          (X)
2001      100     (NA)     (NA)     (NA)    \9  7       11       13       14       15   \11 40       (NA)         (X)
2000      100     (NA)     (NA)     (NA)    \9  9       12       16       15       12   \11 37       (NA)         (X)

1999      100     (NA)     (NA)    \6  4        7       13       19       16    \8 41     (NA)       (NA)         (X)
1998      100     (NA)     (NA)    \6  6       13       15       20       15    \8 32     (NA)       (NA)         (X)
1997      100     (NA)     (NA)    \6  8       12       16       20       14    \8 31     (NA)       (NA)         (X)
1996      100     (NA)    \2  2        8       17       19       18   \7  36     (NA)     (NA)       (NA)         (X)
1995      100     (NA)    \2  6        8       17       18       18   \7  33     (NA)     (NA)       (NA)         (X)

1994      100     (NA)    \2  6       14       24       21       15   \7  20     (NA)     (NA)       (NA)         (X)
1993      100     (NA)    \2  6       15       24       18       12   \7  25     (NA)     (NA)       (NA)         (X)
1992      100     (NA)   \2  10       12       22       19       11   \7  27     (NA)     (NA)       (NA)         (X)
1991      100     (NA)    \2  8        8       20       22       14   \7  28     (NA)     (NA)       (NA)         (X)
1990      100     (NA)    \2  7       12       21       20       15   \7  25     (NA)     (NA)       (NA)         (X)

1989      100     (NA)    \2  6       14       22   \5  58     (NA)     (NA)     (NA)     (NA)       (NA)         (X)
1988      100     (NA)    \2  6       18       24   \5  52     (NA)     (NA)     (NA)     (NA)       (NA)         (X)
1987      100     (NA)    \2  7       25       26   \5  43     (NA)     (NA)     (NA)     (NA)       (NA)         (X)
1986      100     (NA)   \2  16       32   \4  52     (NA)     (NA)     (NA)     (NA)     (NA)       (NA)         (X)
1985      100     (NA)   \2  20       36   \4  44     (NA)     (NA)     (NA)     (NA)     (NA)       (NA)         (X)

1984      100     (NA)   \2  29       40   \4  31     (NA)     (NA)     (NA)     (NA)     (NA)       (NA)         (X)
1983      100     (NA)   \2  33       40   \4  27     (NA)     (NA)     (NA)     (NA)     (NA)       (NA)         (X)
1982      100        6       30   \3  65     (NA)     (NA)     (NA)     (NA)     (NA)     (NA)       (NA)         (X)
1981      100        9       42   \3  49     (NA)     (NA)     (NA)     (NA)     (NA)     (NA)       (NA)         (X)
1980      100       20       49   \3  31     (NA)     (NA)     (NA)     (NA)     (NA)     (NA)       (NA)         (X)

1979      100       37   \1  63     (NA)     (NA)     (NA)     (NA)     (NA)     (NA)     (NA)       (NA)         (X)
1978      100       50   \1  50     (NA)     (NA)     (NA)     (NA)     (NA)     (NA)     (NA)       (NA)         (X)
1977      100       63   \1  37     (NA)     (NA)     (NA)     (NA)     (NA)     (NA)     (NA)       (NA)         (X)
1976      100       72   \1  28     (NA)     (NA)     (NA)     (NA)     (NA)     (NA)     (NA)       (NA)         (X)
1975      100       72   \1  28     (NA)     (NA)     (NA)     (NA)     (NA)     (NA)     (NA)       (NA)         (X)

1970      100       86   \1  14     (NA)     (NA)     (NA)     (NA)     (NA)     (NA)     (NA)       (NA)         (X)

\1 $250 or more. \2 Less than $300. \3 $350 or more.  \4 $450 or more.
\5 $550 or more. \6 Less than $450. \7 $750 or more.  \8 $850 or more.
\9 Less than $550. \10 Less than $650. \11 $950 or more.
NA Not applicable or not available.



Go to Annual 2005 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