national multiple family submetering and allocation billing program ...

Table 4.18 Ownership and rental rates, resident survey respondents
Average monthly rent varied substantially among in-rent and impact properties according
to the resident survey respondents. More than 26% of the in-rent respondents reported monthly
rent of less than $300 compared with less than 2% for impact properties. The distribution of
rental costs are shown in Table 4.19. Using the mid-point in each range the weighted average
monthly rent was calculated for each billing method. The utility-submetered accounts in Irvine
had the highest rent - $1,307 per month on average. Submetered properties averaged $916 per
months, RUBS $773 per month, and in-rent $552 per month. Keep in mind these rates are not
corrected for size of dwelling unit and could be weighted towards respondents from specific
properties. Results from the manager survey offer a better estimate of the cost of rent for each
billing method and study site.
Table 4.19 Rental costs by billing method, resident survey respondents
Do you rent or own
your residence?
In-rent or
HOA Submetered RUBS
Hot water
hybrid
Utilitysubmetered
Total
Own 27.6% 20.8% 3.3% 1.1% .0% 13.7%
Rent 72.4% 79.2% 96.7% 98.9% 100.0% 86.3%
Total
100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
N=735 N=390 N=1001 N=92 N=103 N=2321
How much is
your monthly
rent?*
In-rent or
HOA Submetered RUBS
Hot water
hybrid
Utilitysubmetered
Total
Less than $300 26.3% 0.3% 1.5% 1.1% 2.0% 7.9%
$300-$499 19.7% 4.6% 10.5% 8.0% 0.0% 11.4%
$500-$799 36.0% 46.5% 50.3% 54.5% 3.0% 43.7%
$800-$1,299 14.7% 30.0% 33.0% 23.9% 38.0% 27.5%
$1,300-$1,699 2.7% 15.2% 4.0% 12.5% 44.0% 7.8%
$1,700-$1,999 0.4% 2.3% 0.4% 0.0% 12.0% 1.3%
$2,000-$2,499 0.0% 0.3% 0.1% 0.0% 1.0% 0.2%
$2,500 or more 0.2% 0.7% 0.1% 0.0% 0.0% 0.2%
Total
100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
N=517 N=303 N=942 N=88 N=100 N=1950
Avg. Monthly
Rent † $ 552 $ 916 $ 773 $ 814 $ 1,307 $ 767
* Only asked of those who rent their residence.
†Based on the mid-point of each range and the percent of respondents in each range.
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