Thursday, June 20, 2013
Fair Market Rents 2013 per HUD proposed rental guide
Remember rents may need to be adjusted up or down based on neighborhood area, condition of property, upgrades, etc.
Rents will also need to be adjusted based on if utilites are included or exclude, appliances, bathrooms, parking
It's also a good guide for a quick check to see if you rents are in line with your competition.
The latest table by county are area is located at:
http://www.huduser.org/portal/datasets/fmr/fmr2013p/FY2013B_SCHEDULE_B.pdf
Remember this is a large area that is covered by each estimated rent so this should be assumed as the average rental for the entire area for a property in good condition. Some areas rents will not be as high. Others will be higher.
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