<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF MONMOUTH REAL ESTATE INVESTMENT CORPORATION AS
OF AND FOR PERIOD ENDED JUNE 30, 2000 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> SEP-3O-2000
<PERIOD-END> JUN-30-2000
<CASH> 153,403
<SECURITIES> 15,652,574
<RECEIVABLES> 734,953
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 16,601,226
<PP&E> 75,004,028
<DEPRECIATION> 8,669,241
<TOTAL-ASSETS> 84,685,303
<CURRENT-LIABILITIES> 8,379,678
<BONDS> 36,673,137
0
0
<COMMON> 83,158
<OTHER-SE> 38,653,898
<TOTAL-LIABILITY-AND-EQUITY> 84,685,303
<SALES> 0
<TOTAL-REVENUES> 7,899,250
<CGS> 0
<TOTAL-COSTS> 846,864
<OTHER-EXPENSES> 1,857,599
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 2,450,871
<INCOME-PRETAX> 2,743,916
<INCOME-TAX> 0
<INCOME-CONTINUING> 2,743,916
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 2,743,916
<EPS-BASIC> .35
<EPS-DILUTED> .35
</TABLE>