<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 MONTHS
AND NINE MONTHS ENDED SEPTEMBER 30, 2000 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<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> 42
<SECURITIES> 0
<RECEIVABLES> 0
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 11,503
<PP&E> 624,001
<DEPRECIATION> (94,320)
<TOTAL-ASSETS> 560,278
<CURRENT-LIABILITIES> 13,400
<BONDS> 0
0
0
<COMMON> 33,234
<OTHER-SE> 210,055
<TOTAL-LIABILITY-AND-EQUITY> 560,278
<SALES> 0
<TOTAL-REVENUES> 64,562
<CGS> 0
<TOTAL-COSTS> 14,707
<OTHER-EXPENSES> 2,800
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 16,301
<INCOME-PRETAX> 22,318
<INCOME-TAX> 0
<INCOME-CONTINUING> 0
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 22,318
<EPS-BASIC> 0.70
<EPS-DILUTED> 0.69
</TABLE>