RubinBrown Apartment Stats 2020

AVERAGE MONTHLY RENT PER UNIT

2016

2015

$1,000

562

425

$865

$900

$834

$802

$750

$767

106

109

$800

$700

$802

$750

$600

899

951

4.50

4.41

$500

2019

2018

2017

2016

2015

92.1%

90.0%

35.4%

31.0%

ECONOMIC OCCUPANCY

100%

A

B

C

A

B

C

90%

80%

$9,514

$10.58 (0.83) (0.15) (0.10)

100.0%

$9,004

$9.47

100.0%

70%

(749) (134)

-7.9% -1.4% -0.9% 89.8%

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

(0.65) (0.18) (0.11)

-6.9% -1.9% -1.2% 90.0%

60%

(88)

50%

8,543

9.50 0.73

8.53 0.37

40%

661

6.9%

353

3.9%

30%

$9,204

$10.23

96.7%

$8,469

$8.90

93.9%

20%

10%

0%

92.0%

92.3%

92.1%

92.1%

90.0%

$1,079

$1.20

11.3%

$1,211

$1.27

13.5%

560

0.62 0.08 0.53 0.98

5.9% 0.7% 5.0% 9.2%

487

0.51 0.07 0.50 0.97

5.4% 0.7% 5.2%

2019

2018

2017

2016

2015

71

62

476 879

471 925

10.3%

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

1,645

1.83

17.3%

1,680

1.76

18.6%

367 578 288

0.41 0.64 0.32

3.9% 6.1% 3.0%

369 510 129

0.39 0.54 0.14

4.1% 5.7% 1.4%

$4.25 $11.38

2019

$3.72 $11.02

2018

$3.37 $9.98

$5,943

$6.61

62.4%

$5,884

$6.15

64.9%

2017

$3.63 $10.58

2016

$3,261

$3.63

34.3%

$2,625

$2.75

29.0%

$2.75 $9.47

2015

GROSS POTENTIAL RENT

NET OPERATING INCOME

Government Assisted

5