Multi-Family/Apartment Market Feasibility Study Sample

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Current & Historic Community Multi-Family Rental Overview

Nebraska (NE) has the 47th highest rent in the country out of 56 states and territories. The average Fair Market Rent for a 2-bedroom home in Nebraska is $738 per month.

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SA *Fair Market Rent is the rent amount, including utilities (except telephone), to rent privately owned, existing, decent, safe and sanitary rental housing of modest (nonluxury) nature with suitable amenities. Fair Market Rent prices are set for each county and metro area across the country. Rates are set for zero-bedroom studios or efficiencies all the way up to 4-bedroom homes. To determine the Fair Market Rent for a home with more than 4-bedrooms add 15% for each additional bedroom. For example, a 4-bedroom home in Arlington, VA in 2017 is $2,855 / mo. Each additional bedroom would be $2,855 x 0.15 = $428.25. So Fair Market Rent for a 5-bedroom home would be $2,855 + $428.25 = $3,283.25 / mo.

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www.housing-advisors.com

3/30/2020


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