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14490 full.pdf - Georgia Department of Community Affairs

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RENT AND VACANCY ANALYSIS<br />

THREE BEDROOM UNITS<br />

ALBANY, GEORGIA<br />

MAY 2002<br />

SITE EFFECTIVE MARKET AREA<br />

TOTAL UNITS VACANCIES<br />

NET RENT NUMBER PERCENT NUMBER PERCENT<br />

$705 22 2.1%<br />

0 0.0%<br />

$595 - $615 74 7.0%<br />

4 5.4%<br />

$535 - $555 78 7.4%<br />

3 3.8%<br />

$500 - $525 402 38.2%<br />

3 0.7%<br />

$475 - $495 159 15.1%<br />

8 5.0%<br />

$445 - $465 180 17.1%<br />

10 5.6%<br />

$430 - $435 46 4.4%<br />

0 0.0%<br />

$405 2 0.2%<br />

0 0.0%<br />

$365 81 7.7%<br />

4 4.9%<br />

$320 8 0.8%<br />

0 0.0%<br />

TOTAL<br />

Median Net Rent: $500<br />

1052 100.0% 32 3.0%<br />

Net Gross rent rent (for includes conventional the following rental housing utilities: developements) heat, water heating, includes cooking water, fuel, sewer, electricity, and trash<br />

removal. water/sewer, Adjusted and trash net rent pickup. is determined Any <strong>of</strong> these by subtracting utilities paid landlord-paid by the tenant utilities have been such added as gas, to<br />

electricity, the street rent. heat, and cable TV from quoted rent, as well as adding tenant-paid water, sewer,<br />

and trash removal if applicable.<br />

V-6

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