Residential Finance Survey

Residential Finance Survey: 2001 - United States
Table 5-10. Monthly Rental Receipts per Housing Unit, Rental and Vacant 2- to 4-Housing-Unit Nonmortgaged
Properties
^Number of nonmortgaged properties in thousands.
For information on confidentiality protection, sampling error, nonsampling error, and definitions, see text.
For minimum base for derived figures (percent, median, etc.) and meaning of symbols, see text.
Properties acquired before 2000 excludes properties with less than half of units in rental market during all of year preceding survey and cooperatively owned apartments^^

		Monthly rental receipts per housing unit
	Total	Less than $100	$100 to $199	$200 to $299	$300 to $399	$400 to $499	$500 to $599	$600 to $799	$800 to $999	$1,000 or more	No rental receipts	Median (dollars)
2- to 4-housing-unit nonmortgaged properties	891	58	132	133	170	92	92	77	30	62	44	359
PROPERTY CHARACTERISTICS Year Property Acquired 1999 to 2001 (part)	68	12	8	14	5	7	9	9	0	1	4	289
1997 and 1998	83	1	14	6	16	9	8	7	6	10	5	417
1995 and 1996	62	3	6	4	16	12	7	3	0	2	9	381
1990 to 1994	108	14	13	17	21	9	14	13	0	8	0	350
1985 to 1989	167	1	33	30	39	13	13	9	6	17	6	342
1980 to 1984	101	8	10	22	18	12	2	7	6	4	11	326
1975 to 1979	97	8	8	7	20	11	19	11	0	6	6	419
1970 to 1974	79	0	19	12	15	6	2	16	5	3	1	352
1969 or earlier	128	12	21	20	19	13	18	4	7	10	4	351
Year Structure Built 1999 to March 2000	14	0	1	0	2	1	9	1	0	0	0	535
1997 and 1998	9	0	3	3	0	0	0	3	0	0	0	251
1995 and 1996	13	0	0	0	0	2	4	4	0	2	0	604
1990 to 1994	17	0	2	5	2	2	7	0	0	0	0	404
1980 to 1989	76	7	6	7	19	7	3	12	5	7	3	385
1970 to 1979	130	4	11	27	23	16	17	17	3	11	0	403
1960 to 1969	110	7	14	16	23	11	17	11	3	1	7	362
1950 to 1959	69	3	9	8	10	9	6	2	3	11	8	399
1940 to 1949	84	4	13	16	10	5	5	8	8	7	8	344
1939 or earlier	371	33	72	52	82	39	24	20	8	23	19	324
Purchase Price Per Housing Unit@8 Properties acquired by purchase 1997 to 2001 (part)	90	9	17	8	8	13	8	10	2	8	8	388
Less than $20,000	32	9	10	0	5	2	0	0	0	0	6	138
$20,000 to $39,999	17	0	5	5	0	3	0	2	0	0	2	246
$40,000 to $59,999	19	0	0	0	3	5	2	3	0	6	0	579
$60,000 to $79,999	19	0	0	3	0	4	6	5	2	0	0	546
$80,000 to $99,999	0	0	0	0	0	0	0	0	0	0	0	0
$100,000 to $124,999	0	0	0	0	0	0	0	0	0	0	0	0
$125,000 to $149,999	4	0	1	0	0	0	0	0	0	2	0	268725
$150,000 to $174,999	0	0	0	0	0	0	0	0	0	0	0	0
$175,000 to $199,999	0	0	0	0	0	0	0	0	0	0	0	0
$200,000 to $249,999	0	0	0	0	0	0	0	0	0	0	0	0
$250,000 to $299,999	0	0	0	0	0	0	0	0	0	0	0	0
$300,000 to $499,999	0	0	0	0	0	0	0	0	0	0	0	0
$500,000 or more	0	0	0	0	0	0	0	0	0	0	0	0
Median	35678	10000	15992	36167	16959	47735	66309	58632	70000	54340	13076	...
Mean	39049	8058	26251	40757	24940	46377	61029	58210	78750	70258	15305	600
Other properties	801	49	115	124	162	79	84	67	29	54	37	358
Rental Receipts as Percent of Value@8 Acquired before 2000	847	50	124	125	165	90	82	75	30	61	44	363
Less than 5 percent	73	12	17	10	8	1	15	0	5	3	2	263
5 to 9 percent	218	9	50	36	47	15	18	25	11	5	0	329
10 to 14 percent	360	23	34	53	78	48	44	35	14	31	0	390
15 to 19 percent	67	0	14	16	10	8	1	5	1	12	0	340
20 to 24 percent	35	0	3	2	10	11	4	0	0	3	0	412
25 to 29 percent	12	3	0	0	6	0	0	3	0	1	0	363
30 to 39 percent	13	0	6	2	1	0	0	4	0	0	0	247
40 percent or more	25	0	0	6	5	7	0	2	0	6	0	421
Median	12	10	9	12	12	13	11	12	10	14	3	...
Acquired 2000 and 2001 (part)	44	8	8	8	5	2	9	2	0	1	1	270
Rental Vacancy Losses as Percent of Potential Receipts Acquired before 2000	847	50	124	125	165	90	82	75	30	61	44	363
Less than 1.0 percent	226	9	37	33	55	23	14	22	10	21	2	361
1.0 to 2.9 percent	14	0	0	0	3	4	1	4	2	0	0	495
3.0 to 4.9 percent	42	0	0	6	5	7	11	8	4	0	0	525
5.0 to 6.9 percent	16	0	0	3	1	6	5	0	0	0	0	454
7.0 to 8.9 percent	33	0	5	3	9	7	1	3	0	5	0	395
9.0 to 10.9 percent	18	0	0	4	0	1	9	4	0	0	0	547
11.0 to 12.9 percent	19	1	0	7	2	6	0	0	3	0	0	369
13.0 to 14.9 percent	12	0	4	0	2	4	0	1	0	1	0	403
15.0 percent or more	113	13	30	33	20	1	8	4	4	0	0	240
Not reported or not computed	354	26	48	37	67	31	32	29	7	35	41	367
Median	3.3	24.3	7.5	8.8	0.9	3.8	4.7	1.5	2.5	0.6	0.5	...
Acquired 2000 and 2001 (part)	44	8	8	8	5	2	9	2	0	1	1	270
OWNER CHARACTERISTICS Type of Owner Individual investor(s)	749	47	124	100	143	80	75	68	18	53	40	358
Limited partnership	41	3	3	10	2	6	4	4	7	2	0	443
Joint venture	17	1	0	3	3	0	4	2	1	0	4	400
General partnership	17	3	1	4	7	0	0	0	2	0	0	309
Life insurance company	0	0	0	0	0	0	0	0	0	0	0	0
Depository institution	0	0	0	0	0	0	0	0	0	0	0	0
Public real estate investment trust	0	0	0	0	0	0	0	0	0	0	0	0
Private real estate investment trust	2	0	0	2	0	0	0	0	0	0	0	250
Corporation - other than real estate investment trust	43	3	4	9	8	6	5	1	3	3	0	363
Housing cooperative organization	0	0	0	0	0	0	0	0	0	0	0	0
Non-profit or church-related institution	8	1	0	0	2	0	1	1	0	3	0	595
Pension fund	0	0	0	0	0	0	0	0	0	0	0	0
Fraternal organization	0	0	0	0	0	0	0	0	0	0	0	0
Other	13	0	0	4	5	0	3	0	0	1	0	357
RECURRING EXPENSES Real Estate Tax Per $1,000 Value Acquired before 2000	847	50	124	125	165	90	82	75	30	61	44	363
Less than $5	82	13	11	13	11	6	3	3	6	7	9	298
$5 to $9	224	15	32	26	45	12	24	18	9	23	19	366
$10 to $14	136	3	27	19	23	19	13	27	4	1	0	385
$15 to $19	126	7	15	10	32	22	11	6	6	4	11	377
$20 to $24	76	8	15	17	9	9	2	5	0	8	2	286
$25 to $29	45	0	4	19	0	7	8	3	0	4	0	296
$30 to $39	98	1	15	15	44	10	2	4	3	1	3	339
$40 to $49	0	0	0	0	0	0	0	0	0	0	0	0
$50 to $59	0	0	0	0	0	0	0	0	0	0	0	0
$60 or more	2	0	2	0	0	0	0	0	0	0	0	150
Not reported or not computed	59	3	3	6	2	5	19	7	2	13	0	557
Median	13	8	13	16	16	16	12	12	9	9	9	...
Acquired 2000 and 2001 (part)	44	8	8	8	5	2	9	2	0	1	1	270
Real Estate Tax as Percent of Rental Receipts Acquired before 2000	847	50	124	125	165	90	82	75	30	61	44	363
Less than 5 percent	75	13	11	13	9	9	0	4	4	11	0	299
5 to 9 percent	213	12	30	38	40	22	23	17	11	19	0	367
10 to 14 percent	162	1	18	11	36	31	13	33	4	14	0	448
15 to 19 percent	97	3	14	18	31	12	10	10	0	0	0	345
20 to 24 percent	45	1	11	4	18	5	0	0	7	0	0	339
25 to 29 percent	59	1	12	10	14	3	14	3	3	0	0	352
30 to 34 percent	42	4	5	15	6	5	3	0	0	4	0	279
35 to 39 percent	14	7	2	0	5	0	0	0	0	0	0	107
40 percent or more	36	2	18	10	4	0	0	0	0	0	2	181
Not reported or not computed	103	6	3	6	2	5	19	7	2	13	41	...
Median	13	9	15	14	15	12	13	12	10	8	50020	412
Acquired 2000 and 2001 (part)	44	8	8	8	5	2	9	2	0	1	1	270