CENTER FOR REAL ESTATE STUDIES
1 Bedroom – 1 Bath
Commercial Report: Summer 2011
Baldwin & Mobile Apartment Rents
2 Bedroom – 2 Bath
3 Bedroom – 2 Bath
“Data you can use. Education you can use.”
http://cres.southalabama.edu
Data was assembled by:
Michelle Pinochet, Researcher
USA Center for Real Estate Studies
Contact Information
Dr. Don Epley, Director
Phone: (251) 460-6735
Email: depley@usouthal.edu
USA takes reasonable measures to ensure the quality of the data and other information produced. However, warranty, expressed or implied, nor assumes any legal liability or
responsibility for the accuracy, correctness, or USA makes no completeness of any information, nor represents that its use would not infringe on privately owned rights.
Reference to any specific commercial product, process, or service does not constitute an endorsement, recommendation, or favoring by USA.
Summary
CENTER FOR
REAL ESTATE
STUDIES
1 Bedroom, 1 Bath
June 2010
June 2011
Change from last year
Median Monthly Rent
$540.00
$550.00
1.85%
Count
113
115
1.77%
Avg. Rent per Sq Ft
$0.798
$0.799
0.13%
Median Monthly Rent
$684.50
$689.50
0.73%
Count
84
86
2.38%
Avg. Rent per Sq Ft
$0.667
$0.673
0.90%
Avg. Monthly Rent
$807.02
$822.56
Median Monthly Rent
$750.00
$765.00
Count
57
59
Avg. Rent per Sq Ft
$0.623
$0.634
1.93%
2.00%
3.51%
1.77%
Avg. Monthly Rent
$554.53
$560.90
1.15%
2 Bedroom, 2 Bath
June 2010
June 2011
Change from last year
Avg. Monthly Rent
$712.77
$720.20
1.04%
3 Bedroom, 2 Bath
June 2010
June 2011
Change from last year
Source: Numbers were gathered from the website of each complex.
Note: There are some apartment complexes listed in the report that do not include all of
the floorplans described above. Therefore, an apartment complex may only be listed in one
or two categories rather than all three of the floorplans included in this report.
Data gathered by Michelle Pinochet