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<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF IRT PROPERTY COMPANY AS OF AND FOR THE THREE AND SIX
MONTHS ENDED JUNE 30, 2000 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> JUN-30-2000
<EXCHANGE-RATE> 1
<CASH> 0
<SECURITIES> 0
<RECEIVABLES> 0
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 9,908
<PP&E> 622,029
<DEPRECIATION> (90,938)
<TOTAL-ASSETS> 556,540
<CURRENT-LIABILITIES> 13,072
<BONDS> 0
0
0
<COMMON> 33,234
<OTHER-SE> 215,328
<TOTAL-LIABILITY-AND-EQUITY> 556,540
<SALES> 0
<TOTAL-REVENUES> 42,823
<CGS> 0
<TOTAL-COSTS> 9,793
<OTHER-EXPENSES> 1,669
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 10,803
<INCOME-PRETAX> 15,572
<INCOME-TAX> 0
<INCOME-CONTINUING> 0
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 15,572
<EPS-BASIC> .49
<EPS-DILUTED> .48
</TABLE>
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