<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the consolidated balance sheets and statements of operations and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000895417 <NAME> MANUFACTURED HOME COMMUNITIES, INC. <MULTIPLIER> 1 <CURRENCY> US DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <EXCHANGE-RATE> 1 <CASH> 2,142 <SECURITIES> 0 <RECEIVABLES> 656 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 14,083 <PP&E> 630,059 <DEPRECIATION> (75,473) <TOTAL-ASSETS> 584,198 <CURRENT-LIABILITIES> 32,086 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 250 <OTHER-SE> 257,755 <TOTAL-LIABILITY-AND-EQUITY> 584,198 <SALES> 27,784 <TOTAL-REVENUES> 28,529 <CGS> 0 <TOTAL-COSTS> 10,747 <OTHER-EXPENSES> 1,150 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 4,821 <INCOME-PRETAX> 7,711 <INCOME-TAX> 0 <INCOME-CONTINUING> 6,955 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 6,955 <EPS-PRIMARY> .28 <EPS-DILUTED> .28