RubinBrown Apartment Stats 2021

AVERAGE MONTHLY RENT PER UNIT

2017

2016

$978

$1,000

701

562

$865

$900

$834

$802

$767

105

106

$800

$700

$767

$802

$600

923

899

4.50

4.50

$500

2020

2019

2018

2017

2016

92.3%

92.1%

34.5%

35.4%

ECONOMIC OCCUPANCY

100%

A

B

C

A

B

C

90%

80%

$9,208

$9.98

100.0%

$9,514

$10.58 (0.83) (0.15) (0.10)

100.0%

70%

(708) (130)

(0.77) (0.14) (0.05)

-7.7% -1.4% -0.5% 90.4%

(749) (134)

-7.9% -1.4% -0.9% 89.8%

60%

(46)

(88)

50%

8,324

9.02 0.80

8,543

9.50 0.73

40%

742

8.1%

661

6.9%

30%

$9,066

$9.82

98.5%

$9,204

$10.23

96.7%

20%

10%

0%

92.0%

92.3%

92.1%

92.8%

92.1%

$1,087

$1.18

11.8%

$1,079

$1.20

11.3%

735

0.80 0.08 0.50 0.96

8.0% 0.8% 5.0% 9.7%

560

0.62 0.08 0.53 0.98

5.9% 0.7% 5.0% 9.2%

2020

2019

2018

2017

2016

78

71

461 890

476 879

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

1,477

1.61

16.1%

1,645

1.83

17.3%

$5.13 $12.94

333 577 302

0.36 0.63 0.33

3.6% 6.3% 3.3%

367 578 288

0.41 0.64 0.32

3.9% 6.1% 3.0%

2020

$4.25 $11.38

2019

$3.72 $11.02

$5,940

$6.45

64.6%

$5,943

$6.61

62.4%

2018

$3.37 $9.98

2017

$3,126

$3.37

33.9%

$3,261

$3.63

34.3%

$3.63 $10.58

2016

GROSS POTENTIAL RENT

NET OPERATING INCOME

Government Assisted

5