The average rental vacancy rates in these counties were 7.4 percent compared to a national average of 8.7 percent as of the end of 2012.
Not exact matches
Columbus» low
rental vacancy rates and its RPP at 5.5 percent below the national
average make it the last city on the list to round out the top 10.
That's because the
vacancy rate in Winnipeg is a slim 1.2 %, while
average rents for a two - bedroom apartment are priced at $ 900 a month, making the return on such
rental properties very appealing for real estate investors.
We also factor in the most current
rental market information, examining things like
average cost to rent a 1 - bedroom apartment and the
vacancy rates for each city.
• The real estate calculator also accounts for an
average vacancy and new tenant incentive rate (so you can account for this lowering estimated
rental income).
- ft. market outperformed both Palm Beach and Broward Counties with the lowest
vacancy rate (7.01 %) and highest
average rental rate ($ 19.06 per sq. ft.) in South Florida, according to Trammell Crow Co.'s MarketScope 2000.
As new
rental product comes online, slightly higher
vacancy is expected to hold rent increases on the Westside at 5.3 percent, or on
average $ 2,780 per month, and DTLA rents will rise 5.6 percent to $ 2,235 due to growing demand by Millennials and empty - nesters.
The movement out of
rental accommodation into homeownership continued in 2004 and the
average apartment
vacancy rate for major urban centres rose from 2.2 to 2.7 per cent.
www.bestplaces.net - shows the population, expected population growth, pollution, schooling, spending on schools, job growth,
rental vacancy rate, etc. compares with National
Average 3.
The overall
vacancy rate for Twin Cities apartments is 1.8 %, while
average rental rates are up 4.2 % to $ 628, according to data from Apartment Search Profiles.
«In the high - risk, high - yield markets, where unemployment and
vacancy rates are higher than national
averages, the
average return was a whopping 19 percent, actually up from a year ago thanks to a strong increase in
rental rates,» Blomquist continued.
This study of economic performance across the Washington, D.C. metropolitan area found that the
average vacancy - adjusted annual office rent in walkable areas is $ 37 per square foot, compared to $ 21 for drivable sub-urban office rents, a 75 %
rental premium.
With continued strong demand on the back of healthy FDI and robust GDP growth, we expect to see an extremely low
vacancy rate across all office grades and an
average rental growth of approximately 8.4 % per annum in the next three years.
No surprise then that so many are opting to stay in the
rental market a little longer, driving up
average rents amid
vacancy rates that are now below one per cent.
Washington, D.C.'s low median age of housing inventory (54 days, nine days less than the national
average), even lower
vacancy rate (5.20 percent, about 23 percent less than the national
average), and moderately high annual job growth rate of 2.19 percent indicate that demand for housing there is and will likely remain quite strong, making D.C. a profitable market for
rental real estate investors for quarters to come.
I've given a closer look, and it looks like an attractive destination for
rental investments; 13,1 %
average yield and 4,5 %
vacancy
In general, an above -
average vacancy rate favors renters because it means there's more supply on the
rental market from which to choose.
Specifically, we looked at home
vacancy, capitalization, home value appreciation and job growth rates, changes in
rental prices, and the
average number of days properties have been on the market to determine which U.S. metros will give investors the highest returns on
rental investments.
To pinpoint these promising places, we started with the nation's 75 largest metropolitan areas and ranked them based on
average monthly rent, median household income for renters, residential
rental vacancy rate and overall cost of living.