Sentences with phrase «comparing average rents»

To calculate value, for instance, we started by comparing average rents to average home prices, since we believe that one of the best indicators of a home's financial worth is how much rent it can generate for you.
The analysis compared average rent in each city to local teacher salaries.
We use these figures to calculate the rent - to - mortgage ratio, which compares the average rent to the average mortgage payment a typical homeowner would have to make in that city.
When you receive your requested free market assessment, compare the average rent to what a property manager expects your property to rent for before making your decision on which manager to hire.

Not exact matches

There's only one problem, as some critics have noted: It's not terribly useful to compare federal minimum wage with the average U.S. rent.
To answer that question, SmartAsset gathered data on average rents and home prices, and compared buying to renting in every county in America.
That is far above the average asking rent for Midtown, which was $ 75.20 per square foot last month, compared with $ 74.59 per foot the prior month, Colliers figures showed.
If you compare home prices and rent prices in Jacksonville to the nation, the home price is 21 % less and rents are 4 % above the national average.
My fiance and I live in a town where rent prices are outrageous compared to the average salaries.
The cost of insuring our rented unit are 7 % higher compared to the state average.
The rise in Vancouver's average housing prices compared with the growth in average wages, rents and other economic factors make it the most likely to experience a sudden downward correction compared with 17 other large cities around the globe, according to the UBS Global Real Estate Bubble Index released this week.
Although the average wage tends to be on the lower end compared to some destinations, you could find yourself paying less than # 200 rent a month, which as you might imagine, is a great bonus.
Similarly, French people are more interested in renting holiday accommodation directly from an individual (46 % compared to an average of 34 % for Europeans, 38 % for Americans and 36 % for Brazilians).
Take out a mortgage on a unit for this price, compared to paying the average monthly rent for a 2 - bedroom apartment in the city, $ 4,042, and buying does become cheaper over time — but crunch the numbers, and it'll take you 11 years into a 30 - year mortgage before you start to see savings take effect.
When you compare this cost to the average homeowner's premium in Ohio, which can be as much as $ 1000 per year, then you are certainly in a good position renting, rather than owning.
The cost of insuring our rented unit are 7 % higher compared to the state average.
However, price is still the main concern for many renters, and according to a survey by lettings group LSL, the average rent paid by private tenants in the capital was # 1,057, compared to # 725 for the UK as a whole — a difference of more than 31 %.
Specifically, renting a one - bedroom apartment in New York, on average, will set you back $ 3100, compared to $ 3800 in San Francisco.
Roughly 68 percent of Newark children live in low - income households - compared to the state average of 31 percent, and 59 percent of families spent 30 percent or more of their income on rent.
RealPage lease - transaction records show the average rent roll premium for an urban apartment property compared to a top - end suburban counterpart has eroded by 9 percentage points on a same - store basis over the last five years.
American Campus Communities (ACC) reported an average same - property occupancy rate of 97.6 percent, with rents that grew 2.6 percent compared to the year before.
By that measure, the portfolio's sales per sq. ft. would be $ 765; the average base minimum rent would be $ 67.60, compared with $ 51.87; and leasing spreads would increase to 16.4 percent, compared with 13 percent, they said during the earnings call.
Average effective rents, meanwhile, are expected to go up 4.9 percent for the year, compared to growth of 4.1 percent in 2015.
With relatively low real estate and employee costs in markets like Atlanta, Dallas and Raleigh - Durham, N.C., where average rents are in the low $ 20s per sq. ft. compared to an average of mid - $ 50s in the Bay Area and New York City, more and more secondary and even tertiary tech markets will benefit from tech industry's seemingly infinite expansion plans, she says.
Rents for new leases increased an average 6.5 percent compared to the prior rental rates in May.
And with a section 8 tenant we average about an extra 2 - 3 K in damages and past due rent compared to non sec. 8.
Comparable mall store occupancy increased 2.0 % to 86.8 % from 84.8 % at June 30, 2001, and comparable mall store average rents increased 0.4 % to $ 21.89 per sq. ft. Mall store average rents are $ 23.25 per sq. ft. Regional mall anchor occupancy was 94.7 %, compared to 95.7 % in 2001, while average anchor rents increased to $ 5.39 per sq. ft. from $ 5.35 in the second quarter of 2001.
Median home prices in the 586 counties analyzed in the report increased more than 7 percent on average in the third quarter of 2014 compared to a year ago, while average fair market rents for three - bedroom homes increased an average of less than 1 percent.
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.
HomeUnion says the annual rent for a single family residence in Cincinnati is $ 15,768 compared to the average annual income of $ 32,100 for the city.
Within the following exhibit, we've compared asking rent growth to the changes in average hourly earnings for assisted living workers, figures that are tracked and monitored by the U.S. Bureau of Labor Statistics.
Those high - profile strips command an average asking rent of $ 48.65 per square foot, a 46.9 percent premium compared to the rest of the country.
Even when compared to the previous three months (1552, 1517 and 1562) the average rent of $ 1548 in January shows a continuation of the upward trend.
To answer that question, SmartAsset gathered data on average rents and home prices, and compared buying to renting in every county in America.
Yet, renting in these markets is more expensive, taking an average 27 percent of income compared to 25 percent for the U.S.
Annual effective rent growth averaged 2.7 % for properties located in new - supply markets, compared to 1.6 % in markets without new supply.
The average monthly rent (AMR) per unit for independent living was up slightly during the 4Q09 to $ 2,659, which compared to $ 2,618 year over year.
Today's median rent requires 30.1 percent of a renter's income, compared to a historical average of 25 percent.
Compared to a prior 2012 analysis, the average permit - to - completion timespan of single - family houses built for sale and for rent was one month longer in 2014.
Compare that to the average adjusted rent for a two - bedroom apartment of $ 1,228 per month in a market like Minneapolis / St.
Still, the City of Destiny remains in the top 20 cities in the United States for year - over-year percentage rent increases, with a 7.7 percent hike to an average of $ 1,172 a month in September compared to the same month year.
Effective rents grew 3.6 percent, on average, in 2017, compared to 5.8 percent in 2015, according to Reis data.
Rents and home prices are climbing higher as a result --- by some measures at rates faster than the nation's — though they're still affordable compared with San Francisco, where the average home sells for more than $ 1 million.
RealPage also found rent growth holding steady in 2017 compared to the year before, averaging about 2.5 percent a year.
Selected from the top 25 schools featured in a recent national report, 10 markets were chosen based on today's average monthly rent prices compared to estimated mortgage payments of a median priced home in each city.
Compare these assumptions like property value, rent increases, vacancy rates against averages in the local market.
The U.S. average was 21.4 percent to own, compared with 30.1 percent to rent.
Home values increased 14.7 percent in January from a year earlier, while the median rent rose 10.2 percent, compared with the nationwide average of 3.3 percent, data from Zillow show.
The average rent of $ 1,569 in Cook County requires about 31.6 percent of the average person's pay, compared with 32.4 percent for house payments on the median home priced at $ 207,800.
Average rents for single - family rental increased 4.5 percent 2017 compared to the year before across the 375 U.S. counties tracked by ATTOM Data.
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