RubinBrown Apartment Stats 2020

AVERAGE MONTHLY RENT PER UNIT

2016

2015

$2,000

28

31

288

266

$1,383, ,

$1,600

$1,246

$1,092

$949

$1,200

$897

$949

$897

$800

943

926

4.24

3.60

$400

$0

90.7%

87.3%

2019

2018

2017

2016

2015

50.0%

50.3%

ECONOMIC OCCUPANCY

A

B

C

A

B

C

100%

90%

$11,383

$12.07 (1.12) (0.13) (0.22)

100.0%

$10,763 $11.62 100.0%

80%

(1,057)

-9.3% -1.1% -1.8% 87.9% 11.4%

(929) (101) (334)

(1.00) (0.11) (0.36)

-8.6% -0.9% -3.1% 87.4%

70%

(121) (203)

60%

10,002

10.61

9,399 $10.15

50%

1,294

1.37

945

1.02

8.8%

40%

$11,296

$11.97

99.2%

$10,345 $11.17

96.2%

30%

20%

10%

$649

$0.69

5.7% 5.1% 1.4% 4.0% 6.1%

$1,044

$1.13

9.7% 4.5% 1.6% 4.4% 6.0%

88.6% 7 3

0%

92.1% 98.7%

90.0% 89.5%

89.1% 93.7%

90.8% 90.7%

580 164 459 695

0.62 0.17 0.49 0.74

480 168 476 648

.52 .18 .51 .70

2019

2018

2017

2016

2015

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

1,591

1.69

14.0%

939

1.01

8.7%

224

0.24 1.12 0.24

2.0% 9.3% 2.0%

279

.30

2.6% 9.3% 0.9%

$5.52 $12.05

1,053

1,005

1.09 0.10

2018

231

96

$9.45 $19.88

2017

$5,646

$5.98

49.6%

$5,135

$5.54

47.7%

$8.08 $16.09

2016

$5,650

$5.99

49.6%

$5,208

$5.62

48.4%

$5.99 $12.07

2015

$5.62 $11.62

2014

NET OPERATING INCOME

GROSS POTENTIAL RENT

Market Rate

15