RubinBrown Apartment Stats 2025

AVERAGE MONTHLY RENT PER UNIT

QUICK STATS GOVERNMENT ASSISTED GOVERNMENT ASSISTED

2021

2020

939

902

106

109

$1,437

$1,294

$1,155

$1,077

$978

$1,077

$978

905

907

4.43

4.48

93.0%

92.8%

2024

2023

2022

2021

2020

40.9%

41.8%

A

B

C

A

B

C

ECONOMIC OCCUPANCY

$12,925

$14.28 (1.00) (0.28) (0.30)

100.0%

$11,740

$12.94 (0.93) (0.18) (0.07)

100.0%

(909) (250) (272)

-7.0% -1.9% -2.1% 89.0%

(844) (164)

-7.2% -1.4% -0.5% 90.9%

(62)

90.7%

92.0%

92.4%

93.0%

92.8%

11,494

12.70

10,670

11.76

1,101

1.22

8.5%

450

0.50

3.8%

$12,595

$13.92

97.5%

$11,120

$12.26

94.7%

2024

2023

2022

2021

2020

$1,243

$1.37

9.6% 6.8% 0.7% 4.7% 7.7%

$1,178

$1.30

10.0%

873

0.96 0.10 0.67 1.10

789

0.87 0.09 0.59 1.03

6.7% 0.7% 4.6% 8.0%

92

77

602 994

539 937

1,899

2.10

14.7%

1,441

1.59

12.3%

GROSS POTENTIAL RENT VS. NET OPERATING INCOME PER SQ. FT.

540 834 364

0.60 0.92 0.40

4.2% 6.5% 2.8%

426 753 328

0.47 0.83 0.36

3.6% 6.4% 2.8%

$7,441

$8.22

57.7%

$6,468

$7.13

55.1%

YEAR GROSS POTENTIAL RENT OPERATING INCOME 2024 $19.87 $6.72 2023 $18.16 $6.34 2022 $15.38 $5.40 2021 $14.24 $5.70 2020 $12.94 $5.13

$5,154

$5.70

39.8%

$4,652

$5.13

39.6%

5