RubinBrown Apartment Stats 2019

AVERAGE MONTHLY RENT PER UNIT

2015

2014

$2,000

31

38

266

279

$1,383, ,

$1,600

$1,246

$949

$1,200

$897

$806

$897

$806

$800

926

942

3.60

4.00

$400

$0

87.3%

86.2%

2018

2017

2016

2015

2014

50.3%

47.8%

ECONOMIC OCCUPANCY

A

B

C

A

B

C

100%

90%

$10,763 $11.62 100.0%

$9,666

$10.26 (0.94) (0.10) (0.37)

100.0%

80%

(929) (101) (334)

(1.00) (0.11) (0.36)

-8.6% -0.9% -3.1% 87.4%

(887)

-9.2% -1.0% -3.6% 86.2% 10.7%

70%

(90)

60%

(349)

9,399 $10.15

8,340 1,039

$8.85

50%

945

1.02

8.8%

1.10

40%

$10,345 $11.17

96.2%

$9,379

$9.95

96.9%

30%

20%

10%

$1,044

$1.13

9.7% 4.5% 1.6% 4.4% 6.0%

$981

$1.04

10.1%

0%

92.1% 89.5%

90.0% 93.7%

89.1% 90.7%

90.8% 87.3%

88.6% 2014 86.2%

480 168 476 648

.52 .18 .51 .70

427 139 395 665

0.45 0.15 0.42 0.71

4.4% 1.4% 4.1% 6.9%

2018

2017

2016

2015

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

939

1.01

8.7%

1,035

1.10

10.7%

279

.30

2.6% 9.3% 0.9%

267 900

0.28 0.95 0.09

2.8% 9.3% 0.8%

1,005

1.09 0.10

$9.45 $19.88

2018

96

82

$8.08 $16.09

2017

$5,135

$5.54

47.7%

$4,891

$5.19

50.5%

$5.99 $12.07

2016

$5,208

$5.62

48.4%

$4,488

$4.76

46.4%

$5.62 $11.62

2015

$4.76 $10.26

2014

NET OPERATING INCOME

GROSS POTENTIAL RENT

Market Rate

15