RubinBrown Apartment Stats 2021

AVERAGE MONTHLY RENT PER UNIT

2017

2016

$2,000

18

28

296

288

$1,383, ,

$1,600

$1,246

$1,102

$1,092

$949

$1,200

$1,246

$949

$800

929

943

4.38

4.24

$400

$0

93.7%

90.7%

2020

2019

2018

2017

2016

53.3%

50.0%

ECONOMIC OCCUPANCY

A

B

C

A

B

C

100%

90%

$14,946

$16.09 (1.01) (0.15) (0.04)

100.0%

$11,383

$12.07 (1.12) (0.13) (0.22)

100.0%

80%

(938) (138)

-6.3% -0.9% -0.2% 92.6%

(1,057)

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

70%

(121) (203)

60%

(35)

13,835

14.89

10,002

10.61

50%

245

0.26

1.6%

1,294

1.37

40%

$14,080

$15.15

94.2%

$11,296

$11.97

99.2%

30%

20%

10%

$763

$0.82

5.1% 5.8% 1.0% 3.0% 5.0%

$649

$0.69

5.7% 5.1% 1.4% 4.0% 6.1%

0%

92.1% 98.6%

90.0% 98.7%

89.1% 89.5%

90.8% 93.7%

88.6% 90.7%

870 151 452 745

0.94 0.16 0.49 0.80

580 164 459 695

0.62 0.17 0.49 0.74

2020

2019

2018

2017

2016

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

1,813

1.95

12.1%

1,591

1.69

14.0%

232 996 547

0.25 1.07 0.59

1.6% 6.7% 3.7%

224

0.24 1.12 0.24

2.0% 9.3% 2.0%

$5.50 $12.17

1,053

2020

231

$5.52 $12.05

2019

$6,569

$7.07

44.0%

$5,646

$5.98

49.6%

$9.45 $19.88

2018

$7,511

$8.08

50.2%

$5,650

$5.99

49.6%

$8.08 $16.09

2017

$5.99 $12.07

2016

NET OPERATING INCOME

GROSS POTENTIAL RENT

Market Rate

15