RubinBrown Apartment Stats 2019

AVERAGE MONTHLY RENT PER UNIT

2015

2014

$1,000

425

516

$900

$834

$802

$750

$735

$767

109

108

$800

$700

$750

$735

$600

951

944

4.41

4.46

$500

2018

2017

2016

2015

2014

90.0%

89.1%

31.0%

35.3%

ECONOMIC OCCUPANCY

100%

A

B

C

A

B

C

90%

80%

$9,004

$9.47

100.0%

$8,816

$9.34

100.0%

70%

(617) (167) (104) 8,116

(0.65) (0.18) (0.11)

-6.9% -1.9% -1.2% 90.0%

(744) (123)

(0.79) (0.13) (0.10)

-8.4% -1.4% -1.1% 89.1%

60%

(93)

50%

8.53 0.37

7,856

8.32 0.48

40%

353

3.9%

456

5.2%

30%

$8,469

$8.90

93.9%

$8,312

$8.80

94.3%

20%

10%

0%

92.0% 2018

92.3%

92.1%

90.0%

89.1%

$1,211

$1.27

13.5%

$1,068

$1.13

12.1%

487

0.51 0.07 0.50 0.97

5.4% 0.7% 5.2%

496

0.53 0.06 0.49 0.88

5.6% 0.6% 5.3% 9.4%

2017

2016

2015

2014

62

56

471 925

467 827

10.3%

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

1,680

1.76

18.6%

1,386

1.48

15.7%

$3.72 $11.02

369 510 129

0.39 0.54 0.14

4.1% 5.7% 1.4%

348 511

0.37 0.54 0.09

4.0% 5.8% 1.0%

2018

$3.37 $9.98

2017

84

$3.63 $10.58

$5,884

$6.15

64.9%

$5,243

$5.57

59.5%

2016

$2.75 $9.47

2015

$2,625

$2.75

29.0%

$3,069

$3.23

34.8%

$3.23 $9.34

2014

GROSS POTENTIAL RENT

NET OPERATING INCOME

Government Assisted

5