<ARTICLE> 5 <LEGEND> The schedule containes summary financial information extracted from the Balance Sheet and Statement of Income and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000721799 <NAME> KRUPP REALTY LTD PARTNERSHIP V <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> JUN-30-1995 <CASH> 1,904,901 <SECURITIES> 0 <RECEIVABLES> 60,078 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,114,019 <PP&E> 74,966,741<F1> <DEPRECIATION> (37,102,061)<F2> <TOTAL-ASSETS> 41,943,678 <CURRENT-LIABILITIES> 4,618,883 <BONDS> 47,102,028<F3> <COMMON> (9,777,233)<F4> <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 41,943,678 <SALES> 7,288,630 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 5,559,162<F5> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,969,052 <INCOME-PRETAX> (239,584) <INCOME-TAX> 0 <INCOME-CONTINUING> (239,584) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (239,584) <EPS-PRIMARY> 0<F6> <EPS-DILUTED> 0<F6> <FN> <F1>Includes apartment complexes of $73,921,110 and deferred expenses of $1,045,631 <F2>Includes depreciation of $36,595,812 & amortization of $506,249 <F3>Represents mortgage notes payable <F4>Represents total deficit of general partners and limited partner of $(401,796) and $(9,375,437), respectively <F5>Includes operating expenses $2,644,255, real estate tax expense $1,182,278 and depreciation and amortization of $1,732,629 <F6>Net loss allocated $(2,396) to the G.P.'s and $*237,188) to the L.P.'s for the 6 months ended 6/30/95. Average net income per unit of L.P. interest is $(6.74) on 35,200 units outstanding. </FN>