<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Krupp Realty Fund 5 financial statements for the six months ending June 30, 1996 and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <CASH> 2,267,736 <SECURITIES> 0 <RECEIVABLES> 70,646<F1> <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,398,494 <PP&E> 69,706,134<F2> <DEPRECIATION> (36,775,064)<F3> <TOTAL-ASSETS> 37,667,946 <CURRENT-LIABILITIES> 2,860,894 <BONDS> 42,540,740<F4> <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> (7,733,688)<F5> <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 37,667,946 <SALES> 0 <TOTAL-REVENUES> 6,716,565<F6> <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 5,185,277<F7> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,726,030 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (192,795)<F8> <EPS-PRIMARY> 0<F8> <EPS-DILUTED> 0<F8> <FN> <F1>Includes all receivables grouped in "prepaid expenses and other assets" on balance sheet. <F2>Includes apartment complexes of $68,814,971 and deferred expenses of $891,163. <F3>Represents depreciation of $36,339,535 and accumulated amortization on deferred expenses of $435,529. <F4>Represents mortgage notes payable. <F5>Represents total deficit of the general partners and limited partners of ($381,359) and ($7,352,329), respectively. <F6>Includes all revenue of the Partnership. <F7>Operating expenses of $2,590,318, real estate tax expense of $967,634 and depreciation and amoritzation of $1,627,325. <F8>Net loss allocated ($1,947) to the general partner and ($192,795) to the limited partners. Average net loss per unit of limited partners interest is ($5.48) on 35,200 units outstanding. </FN>