RubinBrown Apartment Stats 2020

AVERAGE MONTHLY RENT PER UNIT

2016

2015

$1,000

466 111

386

99

$858

$900

$833

$812

$771

$800

$709

$812

$709

$700

885

952

4.48

4.42

$600

$500

92.6%

90.6%

2019

2018

2017

2016

2015

36.6%

30.6%

ECONOMIC OCCUPANCY

A

B

C

A

B

C

100%

90%

$9,748

$11.01 (0.81) (0.14) (0.10)

100.0%

$8,513

$8.94

100.0%

80%

(717) (128)

-7.4% -1.3% -0.9% 90.4%

(580) (160)

(0.61) (0.17) (0.07)

-6.8% -1.9% -0.7% 90.6%

70%

(87)

(63)

60%

8,816

9.96 0.80

7,710

8.09 0.29

50%

707

7.2%

275

3.2%

40%

$9,523

$10.76

97.7%

$7,985

$8.38

93.8%

30%

20%

10%

$1,086

$1.23

11.1%

$1,172

$1.23

13.8%

0%

92.2%

92.6%

90.6%

92.7%

93.2%

570

0.64 0.09 0.55 1.01

5.9% 0.8% 5.0% 9.1%

452

0.47 0.06 0.47 0.91

5.3% 0.7% 5.3%

2019

2018

2017

2016

2015

77

57

490 892

448 862

10.1%

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

1,637

1.85

16.8%

1,631

1.71

19.2%

362 624 296

0.41 0.71 0.33

3.7% 6.4% 3.0%

352 451

0.37 0.47 0.13

4.1% 5.3% 1.4%

$4.29 $11.55

2018

96

$3.73 $10.95

2017

$6,034

$6.82

61.9%

$5,546

$5.82

65.2%

$3.44 $9.96

2016

$3,489

$3.94

35.8%

$2,439

$2.56

28.6%

$3.94 $11.01

2015

$2.56 $8.94

2014

NET OPERATING INCOME

GROSS POTENTIAL RENT

Low Income Tax Credit Projects

13