TOP 10 things to know about the current Apartment leasing Industry in Dallas/Houston

1. Dallas' occupancy rate 92.5%. Houston occupancy Rate 91.2%

2. Number of communities in Dallas 2,751. Number of communities in Houston 2,554.

3. Average rental rate in Dallas is $902. Average rental rate in Houston is $923

4. Number of units under construction in Dallas is 70. Number of units under construction in Houston is 87.

5. The Dallas market has 251 cities/towns. The Houston market has 160.

6. The Dallas market has 59 colleges and 1,422 Public schools. The Houston market has 54 colleges and 1,201 public schools.

7.The Hottest sub market in Dallas is the Downtown area with a trending rental rate growth of 9 percent a year. The hottest sub market in Houston is the Katy/Far west Houston area with a rental rate growth of 6.3 percent.

8. The average unit size for a Dallas apartment is 868 sq ft. The average unit size for Houston apartment is 876 sq ft.

9. Rental rate growth for the entire city of Dallas is 7 percent. Rental rate growth for the entire city of Houston is 8.9 percent.

10. Over the past 90 days 146 management companies have changed in Dallas. Over the past 90 days 133 management companies have changed in Houston.