Carrollton (ALN Apartment Data Inc.) – Austin apartment revenues surged 11 percent in 2010, much more than any of the 23 markets across the six states studied by ALN Apartment Data Inc.
Dallas was second with a 6.6 percent increase. Rankings for other Texas markets included:
3 Fort Worth, 5.9 percent
4 San Antonio, 5.7 percent
7 Corpus Christi, 4.1 percent
8 Amarillo, 3.7 percent
10 Lubbock, 3.3 percent
12 Houston, 3.1 percent
21 Abilene, 0.3 percent
The top four of the six apartment markets with revenue increases of 5 percent or more were in Texas. The other two were in Florida. Only two markets posted losses for 2010: Gainesville, Fla. (–0.2 percent) and Las Vegas, Nev. (–6.1 percent).
The four top Texas markets recovered all of the losses they posted in 2009.