Table 7. Absorption Rates for Furnished Apartments Completed by Rent and Number of Bedrooms, for the United States: 2000 (Privately financed, nonsubsidized, furnished, rental apartments in buildings with 5 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 Units 4,500 100 87 94 95 95 RENT CLASS Less than $550 200 3 82 93 100 100 $550 to $649 (Z) 1 100 100 100 100 $650 to $749 100 2 90 90 90 91 $750 to $849 100 1 100 100 100 100 $850 to $949 100 3 83 96 100 100 $950 or more 4,000 89 87 94 94 94 Median asking rent $950+ (X) (X) (X) (X) (X) BEDROOMS No bedroom - - - - - - 1 bedroom 200 5 96 96 96 97 2 bedrooms 900 19 88 93 93 93 3 bedrooms or more 3,400 76 88 93 93 93 X Not applicable. Z Fewer than 50 units. - No activity.