<ARTICLE>                     5
<LEGEND>
The Schedule contains summary financial information extracted from the financial
statements for Cambridge + Related Housing Properties L.P. and is qualified in
its entirety by reference to such financial statements
</LEGEND>
<CIK>                          0000718915
<NAME>                        Cambridge + Related Housing Properties L.P.
<MULTIPLIER>                                   1
       
                                            
<PERIOD-TYPE>                                  3-MOS
<FISCAL-YEAR-END>                              FEB-28-1998
<PERIOD-START>                                 MAR-01-1997
<PERIOD-END>                                   MAY-31-1997
<CASH>                                         13,810,108
<SECURITIES>                                   202,888
<RECEIVABLES>                                  277,355
<ALLOWANCES>                                   0      
<INVENTORY>                                    0      
<CURRENT-ASSETS>                               882,558
<PP&E>                                         173,909,193
<DEPRECIATION>                                 81,642,525
<TOTAL-ASSETS>                                 107,439,577
<CURRENT-LIABILITIES>                          8,066,171
<BONDS>                                        184,713,851
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    0
<COMMON>                                       0
<OTHER-SE>                                     (85,340,444)
<TOTAL-LIABILITY-AND-EQUITY>                   107,439,577
<SALES>                                        0
<TOTAL-REVENUES>                               7,283,436
<CGS>                                          0
<TOTAL-COSTS>                                  0
<OTHER-EXPENSES>                               7,466,234
<LOSS-PROVISION>                               0
<INTEREST-EXPENSE>                             1,901,242
<INCOME-PRETAX>                                (2,084,177)
<INCOME-TAX>                                   0
<INCOME-CONTINUING>                            0
<DISCONTINUED>                                 0
<EXTRAORDINARY>                                0
<CHANGES>                                      0
<NET-INCOME>                                   (2,084,177)
<EPS-PRIMARY>                                  (208)
<EPS-DILUTED>                                  0