<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Essex Property Trust, Inc. report for the six months ended June 30, 1999 </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> JUN-30-1999 <CASH> 18,396 <SECURITIES> 0 <RECEIVABLES> 25,225 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 46,347 <PP&E> 1,042,912 <DEPRECIATION> 90,030 <TOTAL-ASSETS> 1,016,825 <CURRENT-LIABILITIES> 54,300 <BONDS> 440,485 <PREFERRED-MANDATORY> 2 <PREFERRED> 0 <COMMON> 1 <OTHER-SE> 380,966 <TOTAL-LIABILITY-AND-EQUITY> 1,016,825 <SALES> 0 <TOTAL-REVENUES> 68,789 <CGS> 0 <TOTAL-COSTS> 32,189 <OTHER-EXPENSES> 2,390 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 10,184 <INCOME-PRETAX> 17,419 <INCOME-TAX> 0 <INCOME-CONTINUING> 17,419 <DISCONTINUED> 0 <EXTRAORDINARY> 90 <CHANGES> 0 <NET-INCOME> 17,329 <EPS-BASIC> 0.95 <EPS-DILUTED> 0.94