RubinBrown Apartment Stats 2017

AVERAGE MONTHLY RENT PER UNIT

2013

2012

$1,000

362 107

367 109

$900

$812

$798

$800

$735

$709

$798

$697

$697

$700

955

947

4.36

4.38

$600

$500

90.6%

88.8%

2016

2015

2014

2013

2012

36.5%

35.4%

ECONOMIC OCCUPANCY

A

B

C

A

B

C

100%

90%

$8,429

$8.83

100.0%

$8,370

$8.84

100.0%

80%

(617) (111)

(0.65) (0.12) (0.07)

-7.3% -1.3% -0.8% 90.6%

(748) (129)

(0.79) (0.14) (0.07)

-8.9% -1.5% -0.8% 88.8%

70%

(69)

(67)

60%

7,632

7.99 0.42

7,426

7.84 0.39

50%

404

4.8%

373

4.4%

40%

$8,036

$8.41

95.4%

$7,799

$8.23

93.2%

30%

20%

10%

$1,076

$1.13

12.8%

$1,031

$1.09

12.3%

0%

88.9%

92.6%

90.6%

90.6%

88.8%

457

0.48 0.05 0.47 0.89

5.4% 0.6% 5.3%

450

0.48 0.05 0.46 0.84

5.4% 0.6% 5.2% 9.5%

2015

2014

2013

2012

2011

51

51

447 852

434 792

10.1%

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

1,353

1.42

16.1%

1,435

1.52

17.1%

327 463

0.34 0.49 0.08

3.9% 5.5% 0.9%

282 459 103

0.30 0.48 0.11

3.4% 5.5% 1.2%

$3.94 $11.01

2016

74

$2.56 $8.94

2015

$5,100

$5.35

60.6%

$5,037

$5.33

60.2%

$3.08 $9.27

2014

$2,936

$3.06

34.8%

$2,762

$2.90

33.0%

$3.06 $8.83

2013

$2.90 $8.84

2012

NET OPERATING INCOME

GROSS POTENTIAL RENT

Low Income Tax Credit Projects

15