RubinBrown Apartment Stats 2017

AVERAGE MONTHLY RENT PER UNIT $949

2013

2012

$1,000

45

34

$897

263

248

$900

$806

$780

$766

$800

$780

$766

$700

909

926

4.00

4.14

$600

$500

85.8%

85.0%

2016

2015

2014

2013

2012

45.9%

49.0%

ECONOMIC OCCUPANCY

A

B

C

A

B

C

100%

90%

$9,358

$10.30 (1.00) (0.13) (0.33)

100.0%

$9,193

$9.93

100.0%

80%

(908) (121) (303) 8,026 1,088

-9.7% -1.3% -3.2% 85.8% 11.6%

(824) (116) (435) 7,818

(0.89) (0.13) (0.47)

-9.0% -1.3% -4.7% 85.0%

70%

60%

8.84 1.20

8.44 0.89

50%

821

8.9%

40%

$9,114

$10.04

97.4%

$8,639

$9.33

93.9%

30%

20%

10%

$939

$1.03

10.0%

$976

$1.05

10.6%

0%

92.1% 90.7%

90.0% 87.3%

89.1% 86.2%

90.8% 85.8%

88.6% 2011 85.0%

438 153 419 664

0.48 0.17 0.46 0.73

4.7% 1.6% 4.5% 7.1%

305 127 350 596

0.33 0.14 0.38 0.64

3.3% 1.4% 3.8% 6.5%

2015

2014

2013

2012

GROSS POTENTIAL RENT V.S. NET OPERATING INCOME PER SQUARE FOOT

1,050

1.16

11.2%

1,054

1.14

11.6%

311 841 120

0.34 0.93 0.13

3.3% 9.0% 1.3%

264 690

0.28 0.75 0.05

2.9% 7.5% 0.5%

$5.99 $12.07

2016

48

$5.62 $11.62

2015

$4,935

$5.43

52.7%

$4,410

$4.76

48.1%

$4.76 $10.26

2014

$4,179

$4.61

44.7%

$4,229

$4.57

45.8%

$4.61 $10.30

2013

$4.57 $9.93

2012

NET OPERATING INCOME

GROSS POTENTIAL RENT

Market Rate

13