<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF GABLES REALTY LIMITED PARTNERSHIP FOR THE NINE MONTHS
ENDED SEPTEMBER 30, 2000 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0001039797
<NAME> Gables Realty Limited Partnership
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> SEP-30-2000
<CASH> 35,683
<SECURITIES> 0
<RECEIVABLES> 0
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 0
<PP&E> 1,613,114
<DEPRECIATION> 196,598
<TOTAL-ASSETS> 1,492,420
<CURRENT-LIABILITIES> 0
<BONDS> 798,641
0
0
<COMMON> 0
<OTHER-SE> 638,363
<TOTAL-LIABILITY-AND-EQUITY> 1,492,420
<SALES> 0
<TOTAL-REVENUES> 181,416
<CGS> 0
<TOTAL-COSTS> 102,983
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 34,447
<INCOME-PRETAX> 63,296
<INCOME-TAX> 0
<INCOME-CONTINUING> 63,296
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 52,734
<EPS-BASIC> 1.72
<EPS-DILUTED> 1.72
</TABLE>