Residential Finance Survey

Residential Finance Survey: 2001 - United States
Table 6-10. Monthly Rental Receipts per Housing Unit, Rental and Vacant 5- to 49-Housing-Unit Nonmortgaged Properties
^Number of nonmortgaged properties.
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)
5- to 49-housing-unit nonmortgaged properties	180409	25386	17853	23243	32426	24459	17390	18484	7308	12699	1161	371
PROPERTY CHARACTERISTICS Year Property Acquired 1999 to 2001 (part)	16231	3161	2226	2936	1972	1981	524	1653	164	1512	103	291
1997 and 1998	9135	172	1085	1292	2154	1308	401	792	476	1411	44	393
1995 and 1996	11964	1882	977	1932	1231	1602	912	2415	694	236	82	393
1990 to 1994	20354	3016	2911	3178	3118	2010	2021	1879	192	1819	209	331
1985 to 1989	18354	1987	1094	2849	3704	2750	1456	1344	1015	2155	0	388
1980 to 1984	21646	1527	3616	1392	5409	3609	2820	1809	950	429	86	378
1975 to 1979	23249	2762	2597	2286	6807	2254	2217	2376	1317	527	106	358
1970 to 1974	24243	4446	1696	3072	4046	2686	2990	1968	1407	1855	76	371
1969 or earlier	35234	6433	1651	4304	3985	6260	4049	4249	1094	2754	455	416
Year Structure Built 1999 to March 2000	2802	374	366	27	777	460	0	87	0	711	0	381
1997 and 1998	2083	69	92	665	109	511	0	282	0	355	0	421
1995 and 1996	2328	405	510	261	171	97	83	706	0	95	0	295
1990 to 1994	5040	358	1407	656	1200	0	0	412	80	864	62	306
1980 to 1989	17488	1901	3250	1936	3478	2190	1739	570	509	1916	0	348
1970 to 1979	31859	5955	1995	3662	6246	3348	2674	3796	1793	2170	222	367
1960 to 1969	35203	5226	1917	3671	4946	5824	3944	5369	1329	2532	445	428
1950 to 1959	19004	1348	1193	3218	3041	3099	3287	1854	603	1212	149	420
1940 to 1949	11542	2551	716	2070	1293	1290	1030	1020	474	1090	8	333
1939 or earlier	53060	7199	6407	7076	11164	7642	4633	4389	2520	1754	275	351
Purchase Price Per Housing Unit@8 Properties acquired by purchase 1997 to 2001 (part)	16109	1515	2430	2347	2681	2523	645	1949	185	1791	44	365
Less than $20,000	4789	1215	352	1292	864	479	64	478	0	0	44	262
$20,000 to $39,999	5837	60	1573	468	1344	819	325	750	7	490	0	361
$40,000 to $59,999	1894	133	424	120	0	525	138	510	0	44	0	451
$60,000 to $79,999	794	107	81	450	0	0	118	0	0	38	0	246
$80,000 to $99,999	445	0	0	16	0	0	0	33	178	218	0	995
$100,000 to $124,999	594	0	0	0	192	402	0	0	0	0	0	426
$125,000 to $149,999	249	0	0	0	0	0	0	0	0	249	0	500500
$150,000 to $174,999	378	0	0	0	281	97	0	0	0	0	0	367
$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	320	0	0	0	0	0	0	0	0	320	0	500500
$500,000 or more	632	0	0	0	0	201	0	0	0	431	0	267674
Median	30885	12464	30969	18161	27090	39099	35905	30869	89594	135532	10000	...
Mean	65208	20442	29336	29127	41109	81625	38679	31762	81261	254463	3182	878
Other properties	164301	23871	15423	20896	29745	21936	16745	16535	7124	10908	1117	372
Rental Receipts as Percent of Value@8 Acquired before 2000	172254	23321	17282	21186	31671	23813	16866	17306	7301	12450	1058	375
Less than 5 percent	7040	2432	961	458	1389	306	1225	167	102	0	0	228
5 to 9 percent	65110	17652	12761	6754	6501	6017	3408	5099	1950	4969	0	232
10 to 14 percent	37620	971	1239	5368	10007	6548	3434	5049	3290	1670	44	418
15 to 19 percent	25134	188	1156	3381	4578	4995	4736	3857	810	1433	0	465
20 to 24 percent	14148	209	676	2093	4312	3349	1345	790	631	743	0	395
25 to 29 percent	4237	0	87	757	1289	488	207	720	171	517	0	399
30 to 39 percent	5699	0	237	1716	1728	695	832	154	34	303	0	352
40 percent or more	10620	239	166	657	1866	1415	1679	1469	314	2815	0	558
Median	12	7	8	13	14	14	15	13	12	14	13	...
Acquired 2000 and 2001 (part)	8155	2065	571	2057	755	646	524	1179	7	249	103	268
Rental Vacancy Losses as Percent of Potential Receipts Acquired before 2000	172254	23321	17282	21186	31671	23813	16866	17306	7301	12450	1058	375
Less than 1.0 percent	35365	2716	1140	2823	6293	6059	6181	5018	2834	2300	0	478
1.0 to 2.9 percent	14823	37	341	1937	1678	2395	2671	2610	1008	2146	0	538
3.0 to 4.9 percent	17019	374	288	2716	4015	2904	2093	2464	858	1307	0	438
5.0 to 6.9 percent	9222	0	575	2136	2154	2100	977	640	178	462	0	388
7.0 to 8.9 percent	6991	0	546	750	1699	1576	1023	872	58	467	0	432
9.0 to 10.9 percent	6900	209	1219	964	2168	187	1436	482	0	234	0	349
11.0 to 12.9 percent	1592	38	0	509	867	138	39	0	0	0	0	329
13.0 to 14.9 percent	4715	190	98	582	2088	1224	0	533	0	0	0	371
15.0 percent or more	16119	1940	3235	3530	4725	2056	269	283	0	38	44	281
Not reported or not computed	59508	17818	9839	5237	5984	5175	2178	4403	2365	5495	1014	230
Median	3.7	2.9	10.4	5.5	5.8	3.6	1.9	2.1	0.9	2.1	57.5	...
Acquired 2000 and 2001 (part)	8155	2065	571	2057	755	646	524	1179	7	249	103	268
OWNER CHARACTERISTICS Type of Owner Individual investor(s)	116514	18335	12572	16260	22121	15049	9667	11055	5114	5709	632	349
Limited partnership	23995	3521	1786	1399	4240	3324	2673	4038	933	1966	115	430
Joint venture	1655	0	366	0	290	0	614	339	46	0	0	528
General partnership	7304	584	734	1006	1660	1067	1086	609	69	488	0	380
Life insurance company	313	0	34	0	279	0	0	0	0	0	0	344
Depository institution	0	0	0	0	0	0	0	0	0	0	0	0
Public real estate investment trust	1238	0	63	27	106	201	0	42	0	799	0	225582
Private real estate investment trust	451	0	0	0	133	0	0	0	105	213	0	977
Corporation - other than real estate investment trust	18100	839	1425	3032	2049	4457	1931	1666	469	2179	52	438
Housing cooperative organization	1794	676	98	172	136	59	267	0	0	120	267	190
Non-profit or church-related institution	5046	913	246	912	984	223	243	527	42	912	43	344
Pension fund	0	0	0	0	0	0	0	0	0	0	0	0
Fraternal organization	38	0	0	0	0	38	0	0	0	0	0	450
Other	3961	518	529	434	426	40	910	208	530	313	52	501
RECURRING EXPENSES Real Estate Tax Per $1,000 Value Acquired before 2000	172254	23321	17282	21186	31671	23813	16866	17306	7301	12450	1058	375
Less than $5	46504	13255	5657	4835	5033	4046	3423	3036	1883	4751	585	284
$5 to $9	28590	1631	1614	3307	7463	5692	2486	5003	1034	360	0	405
$10 to $14	24647	1050	4194	3883	5463	2950	2475	2991	994	647	0	359
$15 to $19	18637	1051	1098	2259	4110	1901	3446	2352	881	1381	157	438
$20 to $24	12868	400	677	1550	3502	3720	1100	697	517	612	94	407
$25 to $29	6867	311	187	1266	665	1823	1686	587	0	343	0	455
$30 to $39	23094	3669	2283	3073	4407	3430	1599	1338	1516	1653	126	356
$40 to $49	192	0	0	101	0	0	0	0	35	57	0	295
$50 to $59	0	0	0	0	0	0	0	0	0	0	0	0
$60 or more	150	0	0	0	150	0	0	0	0	0	0	350
Not reported or not computed	10704	1955	1572	913	878	251	650	1302	442	2647	96	398
Median	11	4	11	13	13	13	14	10	13	7	4	...
Acquired 2000 and 2001 (part)	8155	2065	571	2057	755	646	524	1179	7	249	103	268
Real Estate Tax as Percent of Rental Receipts Acquired before 2000	172254	23321	17282	21186	31671	23813	16866	17306	7301	12450	1058	375
Less than 5 percent	31208	1882	1010	2875	5256	4970	2793	5165	1562	5695	0	492
5 to 9 percent	59813	10454	5535	8196	10687	7103	7290	6610	1723	2215	0	354
10 to 14 percent	32473	1150	1344	5332	9319	5662	4302	2728	1341	1296	0	390
15 to 19 percent	15609	226	2754	2147	3379	3777	1128	769	1001	427	0	379
20 to 24 percent	7600	530	2166	737	874	1064	384	504	1170	171	0	342
25 to 29 percent	3360	879	1292	37	938	0	0	107	62	0	44	160
30 to 34 percent	1690	0	336	75	188	699	270	122	0	0	0	435
35 to 39 percent	1413	712	0	413	0	288	0	0	0	0	0	99
40 percent or more	5835	3903	1271	461	150	0	50	0	0	0	0	75
Not reported or not computed	13254	3586	1572	913	878	251	650	1302	442	2647	1014	306
Median	9	9	15	9	10	10	9	7	11	4	28	...
Acquired 2000 and 2001 (part)	8155	2065	571	2057	755	646	524	1179	7	249	103	268
Property Management Property managed by paid property management company	70444	4906	5954	6023	11967	10443	10289	10138	4701	5596	426	459
Property not managed by paid property management company	91263	12894	8867	16025	18700	13540	6782	6923	2475	4322	735	340
Not reported	18702	7586	3031	1195	1758	476	319	1423	133	2781	0	158
Property Management and Administration Expenses Per Housing Unit Acquired before 2000	172254	23321	17282	21186	31671	23813	16866	17306	7301	12450	1058	375
Less than $100	2850	99	599	39	856	671	223	62	249	0	52	377
$100 to $199	5412	0	1149	1206	713	1103	427	548	0	233	34	347
$200 to $299	8130	397	165	1141	3454	1172	427	307	622	445	0	368
$300 to $399	8150	154	195	1055	3252	1501	998	739	108	147	0	382
$400 to $499	7984	726	714	241	1088	1360	1347	1720	787	0	0	490
$500 to $599	6442	44	0	552	1253	1019	1770	1263	511	30	0	520
$600 to $699	5840	70	85	193	134	1210	1483	1935	501	41	187	576
$700 to $799	3021	44	0	0	254	482	386	1056	710	89	0	665
$800 to $899	2566	82	245	287	596	763	0	551	41	0	0	410
$900 to $999	1449	0	0	293	109	113	133	298	181	323	0	652
$1,000 to $1,249	1826	0	100	0	303	217	57	346	248	554	0	736
$1,250 to $1,499	2419	0	0	0	39	587	758	205	394	436	0	577
$1,500 to $1,999	3464	0	0	316	112	601	41	734	649	1011	0	780
$2,000 to $2,499	1372	0	0	0	86	205	807	0	238	38	0	549
$2,500 or more	2316	274	0	60	0	480	151	69	74	1209	0	42660
No expenses	67249	9174	5114	11340	14922	9475	6122	5929	1276	3165	734	351
Not reported or not computed	41763	12256	8914	4462	4501	2853	1738	1543	712	4730	52	196
Median	489	441	189	329	334	495	561	614	676	1488	627	...
Acquired 2000 and 2001 (part)	8155	2065	571	2057	755	646	524	1179	7	249	103	268
Maintenance and Repair Expenses Per Housing Unit Acquired before 2000	172254	23321	17282	21186	31671	23813	16866	17306	7301	12450	1058	375
Less than $100	6362	1260	1505	774	837	1281	282	339	0	0	82	248
$100 to $199	9791	1746	1096	2100	2659	700	946	398	29	118	0	298
$200 to $299	8943	771	1075	1250	2012	1001	1019	1244	316	146	109	366
$300 to $399	9136	270	274	2431	2313	1278	688	1004	0	739	139	366
$400 to $499	9424	216	662	824	3954	1347	504	1496	420	0	0	376
$500 to $599	13314	520	1071	1422	3932	1970	1353	1907	791	349	0	393
$600 to $699	9916	53	462	1892	1946	1985	1418	1019	1034	108	0	431
$700 to $799	6336	0	346	275	1660	1355	877	1057	513	66	187	459
$800 to $899	8591	413	0	1313	1433	3385	691	1271	0	83	0	434
$900 to $999	3652	120	0	495	771	827	383	681	119	257	0	453
$1,000 to $1,249	12832	311	962	2037	2226	1910	1671	1242	1388	899	186	441
$1,250 to $1,499	5381	0	45	0	1475	1260	1547	345	427	282	0	493
$1,500 to $1,999	5322	120	0	192	439	348	1737	710	455	1260	62	588
$2,000 to $2,499	3793	0	0	0	146	736	627	1306	393	586	0	659
$2,500 or more	8923	0	592	233	1339	1514	999	1521	639	2086	0	578
No expenses	6389	2419	447	1284	543	561	415	0	0	535	186	218
Not reported or not computed	44150	15101	8744	4665	3985	2356	1710	1765	779	4937	108	179
Median	639	194	414	517	546	765	841	734	1007	1676	728	...
Acquired 2000 and 2001 (part)	8155	2065	571	2057	755	646	524	1179	7	249	103	268
Utility and Fuel Expenses Per Housing Unit Acquired before 2000	172254	23321	17282	21186	31671	23813	16866	17306	7301	12450	1058	375
Less than $250	16767	799	1988	2745	5041	2051	1977	1577	157	348	84	356
$250 to $499	34769	1475	3750	4220	9559	6319	4190	2901	1329	840	187	382
$500 to $749	26786	2039	946	5206	5264	4578	2025	3669	1883	1121	55	398
$750 to $999	14745	744	0	1063	3227	2936	1945	2782	986	937	125	478
$1,000 to $1,249	8830	31	952	1073	991	2233	1015	1267	474	699	94	459
$1,250 to $1,499	5411	239	126	0	845	162	1258	1115	299	1368	0	614
$1,500 to $1,749	3670	31	0	233	562	865	876	526	0	516	62	513
$1,750 to $1,999	1574	235	0	462	60	0	181	399	238	0	0	517
$2,000 to $2,499	2004	0	58	0	110	101	333	237	1157	9	0	828
$2,500 or more	1959	0	0	0	205	336	141	63	0	1214	0	193737
No expenses	11538	2281	807	2379	1664	1654	1219	913	28	400	192	312
Not reported or not computed	44200	15447	8656	3804	4144	2577	1706	1857	751	4998	260	175
Median	563	564	378	526	456	578	599	690	736	1100	649	...
Acquired 2000 and 2001 (part)	8155	2065	571	2057	755	646	524	1179	7	249	103	268