U.S. Department of Commerce

Survey of Market Absorption of Apartments (SOMA)



Survey of Market Absorption
Characteristics 2004: Table 1

      	Table 1.  Unfurnished Apartments Completed by Rent and Number

                of Bedrooms for the United States and Regions: 2004

      (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.)



                                Number of unfurnished apartments



                            United

      Characteristic        States         Northeast        Midwest            South           West



       Total              155,000          13,100           31,700            73,000           37,100



       ASKING RENT



      Less than $650       18,700             100            8,100             8,100            2,400

      $650 to $749         19,300             200            5,500            12,000            1,600

      $750 to $849         18,000             200            5,300             9,100            3,500

      $850 to $949         17,900             500            4,300             9,700            3,400

      $950 to $1,049       14,500             400            1,900             8,500            3,600

      $1,050 or more       66,600          11,700            6,600            25,600           22,600

      Median asking rent     $932          $1,050+            $791              $925           $1,050+



      BEDROOMS



      No bedroom            4,800             500              400            2,100            1,700

      1 bedroom            53,500           5,100            9,200           25,500           13,700

      2 bedrooms           77,000           6,800           16,900           35,500           17,900

      3 bedrooms or more   19,700             700            5,200            9,900            3,900





                          Percent distribution



                             United

      Characteristics        States      Northeast          Midwest            South            West



        Total                100            100               100                100             100



       RENT CLASS



      Less than $650          12              1                26                 11               6

      $650 to $749            13              1                17                 17               4

      $750 to $849            12              1                16                 12               9 

      $850 to $949            12              4                14                 13               9

      $950 to $1,049           9              3                 6                 12              10

      $1,050 or more          43             89                21                 35              61

      Median asking rent      (X)            (X)               (X)                (X)             (X)



      BEDROOMS



      No bedroom               3              4                 1                  3               5

      1 bedroom               35             39                29                 35              37

      2 bedrooms              50             52                53                 49              48

      3 bedrooms or more      13              6                16                 14              11



         (X) Not applicable.



                   Source: U.S. Census Bureau, Survey of Market Absorption 2004




Go to Characteristics of Apartments Completed: 2004
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