<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF GABLES RESIDENTIAL TRUST FOR THE NINE MONTHS
ENDED SEPTEMBER 30, 2000 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000913782
<NAME> Gables Residential Trust
<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
4,500
115,000
<COMMON> 271
<OTHER-SE> 364,176
<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> 48,445
<INCOME-TAX> 0
<INCOME-CONTINUING> 41,117
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 41,117
<EPS-BASIC> 1.72
<EPS-DILUTED> 1.72
</TABLE>