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.
The current median sales price for a home in Montgomery comes in at approximately $ 125,000
while the average rental rate falls around $ 900 a month.
The current median price for a single family home in the Detroit Metro Area is running at an impressive $ 65,000,
while the average rental rate is around $ 900 a month.
Not exact matches
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.
The
average monthly
rental rate for non-luxury apartments is $ 1,749,
while living in a luxury Oakland apartment costs an
average of $ 3,513 per month, or 101 percent more.
The
average Class A
rental rate in the CBD decreased slightly over the quarter from $ 44.37 to $ 44.23 per SF,
while the
average Suburban Class A
rental rate decreased from $ 32.33 to $ 32.21 per SF.
Apartments are expected to show consistent
rental rate growth above the 20 - year
average of 2.7 percent,
while rents are expected to rise by 4.6 percent in 2015, and then moderate to 3.5 percent in 2016 and 3.0 percent in 2017.