[ARTICLE] 5 [CIK] 0000808420 [NAME] ASSOCIATED PLANNERS REALTY INCOME FUND [PERIOD-TYPE] 9-MOS [FISCAL-YEAR-END] DEC-31-1995 [PERIOD-START] JAN-01-1995 [PERIOD-END] SEP-30-1995 [CASH] 76,651 [SECURITIES] 172,553 [RECEIVABLES] 1,615 [ALLOWANCES] 0 [INVENTORY] 0 [CURRENT-ASSETS] 303,481 [PP&E] 4,699,188 [DEPRECIATION] (601,821) [TOTAL-ASSETS] 4,400,848 [CURRENT-LIABILITIES] 46,971 [BONDS] 0 [COMMON] 0 [PREFERRED-MANDATORY] 0 [PREFERRED] 0 [OTHER-SE] 4,352,232 [TOTAL-LIABILITY-AND-EQUITY] 4,400,848 [SALES] 283,389 [TOTAL-REVENUES] 298,989 [CGS] 201,383 [TOTAL-COSTS] 201,383 [OTHER-EXPENSES] 0 [LOSS-PROVISION] 0 [INTEREST-EXPENSE] 0 [INCOME-PRETAX] 97,606 [INCOME-TAX] 0 [INCOME-CONTINUING] 0 [DISCONTINUED] 0 [EXTRAORDINARY] 0 [CHANGES] 0 [NET-INCOME] 97,606 [EPS-PRIMARY] 15.94 [EPS-DILUTED] 15.94