<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-1-1998
<PERIOD-END>                                   MAY-31-1998
<CASH>                                          12,496,975
<SECURITIES>                                       206,241
<RECEIVABLES>                                      243,947
<ALLOWANCES>                                             0
<INVENTORY>                                              0
<CURRENT-ASSETS>                                   721,134
<PP&E>                                         136,660,881
<DEPRECIATION>                                  69,694,599
<TOTAL-ASSETS>                                  80,634,579
<CURRENT-LIABILITIES>                            4,341,957
<BONDS>                                        135,544,823
<PREFERRED-MANDATORY>                                    0
<PREFERRED>                                              0
<COMMON>                                                 0
<OTHER-SE>                                     (59,252,201)
<TOTAL-LIABILITY-AND-EQUITY>                    80,634,579
<SALES>                                                  0
<TOTAL-REVENUES>                                12,162,294
<CGS>                                                    0
<TOTAL-COSTS>                                            0
<OTHER-EXPENSES>                                 8,992,102
<LOSS-PROVISION>                                         0
<INTEREST-EXPENSE>                               1,399,479
<INCOME-PRETAX>                                  1,770,713
<INCOME-TAX>                                             0
<INCOME-CONTINUING>                                      0
<DISCONTINUED>                                           0
<EXTRAORDINARY>                                 14,993,140
<CHANGES>                                                0
<NET-INCOME>                                    16,762,900
<EPS-PRIMARY>                                         1670
<EPS-DILUTED>                                            0