U.S. Department of Commerce

Survey of Market Absorption of Apartments (SOMA)



Second Quarter 2001

Table 3. Characteristics of Unfurnished Apartments Completed During the
         Fourth Quarter of 2000 and of Those Rented Within 3 Months(Revised)

Not Seasonally Adjusted

(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.)

                        Total                             Per-
                       unfur-            Per-             cent
                       nished            cent           rented
                       apart-              of           within
                        ments  Standard total  Standard      3  Standard
                     completed   error* units    error* months    error*

U.S. Total             54,100    3,160    100      (X)      64      2.1

Units renting for:
Less than $550          3,800      950      7      1.8      56     11.7
$550 to $649            5,700      550     11      1.0      59      8.1
$650 to $749            8,700    1,490     16      2.7      56      2.3
$750 to $849            7,600      800     14      1.2      67      3.8
$850 to $949            7,500    1,320     14      2.0      65      4.4
$950 or more           20,600    2,130     38      3.2      70      2.5
Median asking rent       $865      $23    (X)      (X)    $889      $24

Units with
 fewer than
 2 bedrooms            20,600    1,670     38      2.1      68      2.8
Less than $550          2,100      450      4      0.9      65      8.5
$550 to $649            2,100      370      4      0.7      56      8.2
$650 to $749            4,900      880      9      1.6      62      2.8
$750 to $849            3,300      590      6      0.9      74      5.1
$850 to $949            2,000      350      4      0.6      68      6.2
$950 or more            6,300    1,360     12      2.4      76      5.8
Median asking rent       $788      $34    (X)      (X)    $810      $37

Units with
 2 bedrooms
 or more               33,400    2,200     62      2.1      62      2.2
Less than $550          1,700      800      3      1.5      46     20.7
$550 to $649            3,600      650      7      1.2      61      9.2
$650 to $749            3,900      950      7      1.8      48      3.2
$750 to $849            4,300      540      8      1.0      61      4.3
$850 to $949            5,500    1,060     10      1.6      64      4.3
$950 to $1,049          3,200      430      6      0.7      69      3.8
$1,050 or more         11,200    1,050     21      1.6      67      2.4
Median asking rent       $907      $23    (X)      (X)    $931      $24

Units with:
0 bedrooms              2,200    1,130      4      2.1      81     10.3
1 bedroom              18,500    1,360     34      1.7      67      2.5
2 bedrooms             26,900    2,170     50      2.4      61      2.5
3 bedrooms or more      6,500      510     12      1.0      65      3.2



* One standard error (68-percent confidence interval)  X Not applicable.



Go to Detailed Tables for Second Quarter 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