8-K

                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON D.C. 20549

                                    Form 8-K

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                      SECURITIES AND EXCHANGE ACT OF 1934

                                 March 25, 2005
                Date of Report (Date of earliest event reported)

                    MID-AMERICA APARTMENT COMMUNITIES, INC.
               (Exact Name of Registrant as Specified in Charter)

        TENNESSEE                     1-12762                   62-1543819
(State of Incorporation)      (Commission File Number)       (I.R.S. Employer
                                                          Identification Number)

                         6584 POPLAR AVENUE, SUITE 300
                           MEMPHIS, TENNEESSEE 38138
                    (Address of principal executive offices)

                                 (901) 682-6600
              (Registrant's telephone number, including area code)

             (Former name or address, if changed since last report)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[    ] Written communications  pursuant to Rule 425 under the Securities Act (17
     CFR 230.425)

[    ]  Soliciting  material  pursuant to Rule 14a-12 under the Exchange Act (17
     CFR 240.14a-12)

[    ]  Pre-commencement  communications  pursuant  to Rule  14d-2(b)  under the
     Exchange Act (17 CFR 240.14d-2(b))

[    ]  Pre-commencement  communications  pursuant  to Rule  13e-4(c)  under the
     Exchange Act (17 CFR 240.13e-4(c))



ITEM 1.01 Entry into a Material Definitive Agreement

On March 22, 2005, the Compensation  Committee (the "Committee") of the Board of
Directors of Mid-America Apartment Communities, Inc. (the "Company"),  adopted a
bonus plan for 2005 for the chief executive  officer and chief financial officer
of the Company (the "Plan").

The Plan determines a bonus opportunity  calculated as a percent of salary based
on a sliding scale of year-over year funds from operations  ("FFO") growth.  The
bonus  opportunity  is  capped  at  200% of base  salary,  with a  discretionary
modifier  that can be applied by the Committee at its  discretion,  allowing the
cap to be lowered to 100% of base  salary or raised to 300% of base  salary.  In
determining FFO growth,  the Committee has the ability to factor in any material
and non-recurring events that may or may not occur that impact the Company's FFO
performance,  but may or may not subsequently  impact the Company's share price,
to help  ensure  that the  potential  bonus is in line with  actual  shareholder
performance realized for the year.

Once the  bonus  opportunity  is  calculated,  the  actual  bonus  paid  will be
determined  based on each  executive's  individual  performance in meeting goals
pre-defined in a personal plan. The goals for each  participant were approved by
the Committee.

A copy of the Plan is set  forth on  Exhibit  10.1 and  incorporated  herein  by
reference.


ITEM 9.01 Financial Statements and Exhibits

     (c) Exhibits

         Exhibit
         Number         Description
         --------       ------------------------------------
         10.1           2005 Executive Annual Bonus Program




                                   SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.

                            MID-AMERICA APARTMENT COMMUNITIES, INC.

Date:  March 25, 2005       /s/Simon R.C. Wadsworth
                            Simon R.C. Wadsworth
                            Executive Vice President and Chief Financial Officer
                            (Principal Financial and Accounting Officer)

EX-10

Exhibit 10.1


2005 Executive Annual Bonus Program

1.   The executive will earn a bonus opportunity, defined as a percent of annual
     salary, based on the FFO growth goals for the company in 2005.

     a.   FFO per share at or below shareholder  expectations  (defined as First
          Call guidance for 2005 at year-end) will result in no bonus.

     b.   Bonus  opportunity will be capped at 200% of salary;  the Compensation
          Committee has the discretion to adjust the opportunity by 50% based on
          various factors to compensate for overall  shareholder  performance or
          market conditions that may warrant such a modification.

     c.   Significant  and   non-recurring   transactions   and/or  events  that
          materially impact FFO may be separately considered by the Compensation
          Committee at their discretion.

2.   The  executive  will then be  entitled  to  receive a percent  of the bonus
     opportunity  based on individual  performance in meeting goals defined in a
     personal plan for each executive.

3.   The final computation will thus be as follows:

     a.   Amount of bonus  opportunity is determined  based on FFO per share for
          the year.

     b.   Adjustment,  if any, for any  "material and  non-recurring"  events as
          deemed appropriate by the Compensation Committee.

     c.   Adjustment,  if any, through applying the "discretionary  modifier" to
          the bonus  opportunity  resulting from the FFO growth target  schedule
          above (bonus opportunity can be adjusted a maximum of 50% up or down).

     d.   Final adjusted bonus  opportunity  times the percentage of achievement
          by executive of personal goals.