<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF POST APARTMENT HOMES, L.P. FOR THE PERIOD ENDED DECEMBER
31, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<RESTATED> 
<CIK> 0001012271
<NAME> POST APARTMENT HOMES, L.P.
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               DEC-31-1996
<CASH>                                       1,381,000
<SECURITIES>                                         0
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                   1,109,342,000
<DEPRECIATION>                             177,672,000
<TOTAL-ASSETS>                             958,675,000
<CURRENT-LIABILITIES>                                0
<BONDS>                                    434,319,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                 482,434,000
<TOTAL-LIABILITY-AND-EQUITY>               958,675,000
<SALES>                                              0
<TOTAL-REVENUES>                           170,708,000
<CGS>                                                0
<TOTAL-COSTS>                               85,983,000
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                          22,131,000
<INCOME-PRETAX>                             52,599,000
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                         52,390,000
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                52,390,000
<EPS-PRIMARY>                                     1.95<F1>
<EPS-DILUTED>                                     1.94
<FN>
<F1>REPRESENTS BASIC EARNINGS PER SHARE
</FN>