RubinBrown Apartment Stats 2018

AVERAGE MONTHLY RENT PER UNIT

2014

2013

$1,000

508 108

362 107

$900

$812

$798

$771

$800

$735

$709

$735

$798

$700

952

955

4.51

4.36

$600

$500

88.9%

90.6%

2017

2016

2015

2014

2013

35.3%

36.5%

ECONOMIC OCCUPANCY

A

B

C

A

B

C

100%

90%

$8,824

$9.27

100.0%

$8,429

$8.83

100.0%

80%

(757) (123)

(0.79) (0.13) (0.10)

-8.6% -1.4% -1.1% 88.9%

(617) (111)

(0.65) (0.12) (0.07)

-7.3% -1.3% -0.8% 90.6%

70%

(94)

(69)

60%

7,850

8.25 0.47

7,632

7.99 0.42

50%

450

5.1%

404

4.8%

40%

$8,300

$8.72

94.0%

$8,036

$8.41

95.4%

30%

20%

10%

$1,071

$1.12

12.1%

$1,076

$1.13

12.8%

0%

88.9%

92.6%

90.6%

90.6%

93.2%

489

0.51 0.06 0.49 0.86

5.5% 0.6% 5.3% 9.3%

457

0.48 0.05 0.47 0.89

5.4% 0.6% 5.3%

2017

2016

2015

2014

2013

57

51

467 818

447 852

10.1%

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

1,531

1.61

17.3%

1,353

1.42

16.1%

349 509

0.37 0.53 0.09

4.0% 5.8% 0.9%

327 463

0.34 0.49 0.08

3.9% 5.5% 0.9%

$3.44 $9.96

2017

82

74

$3.94 $11.01

2016

$5,373

$5.64

60.8%

$5,100

$5.35

60.6%

$2.56 $8.94

2015

$2,927

$3.08

33.2%

$2,936

$3.06

34.8%

$3.08 $9.27

2014

$3.06 $8.83

2013

NET OPERATING INCOME

GROSS POTENTIAL RENT

Low Income Tax Credit Projects

15