"Market rent" refers to the amount of money that a property can be rented for in the current market. It is the price that a landlord can charge based on the demand and supply in the rental market.
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«market»
«rent»
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Phrases with «market rent»
Sentences with «market rent»
- Rental affordability was determined from the average fair market rent for a three - bedroom property as a percentage of the area's average monthly wage. (geopost247.com)
- Knowing the fair market rent for similar properties in your area will give you a good idea whether or not you need to adjust your rent price. (sparkrental.mysmartmove.com)
- Also, my rent for this place is already about 25 % above highest market rent in the area so I'm not sure how much more I could squeeze out. (biggerpockets.com)
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