FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person *   Wilson Stephen W 2. Date of Event Requiring Statement (Month/Day/Year) 02/10/2010 3. Issuer Name and Ticker or Trading Symbol AVALONBAY COMMUNITIES INC [AVB] (Last) (First) (Middle) C/O AVALONBAY COMMUNITIES, INC., 2900 EISENHOWER AVENUE 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Executive Vice President 5. If Amendment, Date Original Filed(Month/Day/Year) (Street) ALEXANDRIA, VA 22314 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5) Common Stock, par value $.01 per share 15,989.514 (1) D Â

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Options (Right to Buy)	02/09/2007(2)	02/09/2016	Common Stock	14,431 (3)	$ 96.19	D	Â
Employee Stock Options (Right to Buy)	02/08/2008(4)	02/08/2017	Common Stock	8,425 (3)	$ 143.34	D	Â
Employee Stock Options (Right to Buy)	02/11/2009(5)	02/11/2018	Common Stock	18,632 (3)	$ 86.4	D	Â
Employee Stock Options (Right to Buy)	02/11/2010(6)	02/11/2019	Common Stock	11,347 (3)	$ 48.6	D	Â
Employee Stock Options (Right to Buy)	02/11/2011(7)	02/11/2020	Common Stock	4,299 (3)	$ 74.2	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Wilson Stephen W C/O AVALONBAY COMMUNITIES, INC. 2900 EISENHOWER AVENUE ALEXANDRIA, VA 22314	Â	Â	  Executive Vice President	Â

Signatures

Catherine T. White, as attorney-in-fact under Power of Attorney dated February 17, 2010.		02/22/2010
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Includes restricted shares granted under the Company's Stock Incentive Plan, a portion of which are subject to vesting.
(2)	These options were granted on 02/09/2006 and became exercisable in three equal annual installments beginning 02/09/2007.
(3)	The reporting person holds a total of 57,134 options to purchase the issuer's common stock granted on various dates with varying exercise prices and vesting dates.
(4)	These options were granted on 02/08/2007 and became exercisable in three equal annual installments beginning 02/08/2008.
(5)	These options were granted on 02/11/2008 and became exercisable in three equal annual installments beginning 02/11/2009.
(6)	These options were granted on 02/11/2009 and became exercisable in three equal annual installments beginning 02/11/2010.
(7)	These options were granted on 02/11/2010 and became exercisable in three equal annual installments beginning 02/11/2011.

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