Residential Finance Survey

Residential Finance Survey: 2001 - United States
Table 7-10. Monthly Rental Receipts per Housing Unit, Rental and Vacant 50-or-More-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)
50-or-more-housing-unit nonmortgaged properties	10009	851	536	722	1265	1163	1369	1701	898	1378	127	530
PROPERTY CHARACTERISTICS Year Property Acquired 1999 to 2001 (part)	1023	96	94	68	142	103	78	193	100	139	10	505
1997 and 1998	1514	94	98	64	95	118	126	408	164	325	21	674
1995 and 1996	810	24	46	65	102	78	116	162	94	123	0	577
1990 to 1994	1557	356	57	98	220	147	199	202	90	172	16	427
1985 to 1989	784	63	38	42	107	108	64	144	73	145	0	552
1980 to 1984	656	21	23	81	119	91	182	72	25	40	1	490
1975 to 1979	920	55	30	40	171	152	182	124	59	68	38	495
1970 to 1974	747	25	63	71	145	125	149	79	45	45	0	457
1969 or earlier	1998	117	86	192	164	241	273	316	248	321	40	566
Year Structure Built 1999 to March 2000	321	8	27	7	32	14	12	110	41	67	2	707
1997 and 1998	515	19	37	37	27	23	20	113	88	153	0	770
1995 and 1996	448	21	40	52	43	13	32	100	65	77	4	640
1990 to 1994	635	12	31	40	130	33	40	88	88	161	12	658
1980 to 1989	2109	380	43	97	180	159	317	463	155	311	6	561
1970 to 1979	2124	120	85	147	414	426	375	261	113	151	32	466
1960 to 1969	2021	145	130	180	260	288	243	380	195	168	32	497
1950 to 1959	493	52	52	57	65	53	47	50	39	62	14	423
1940 to 1949	496	49	18	13	7	92	79	25	57	146	9	580
1939 or earlier	848	45	74	92	107	61	203	111	57	83	15	519
Purchase Price Per Housing Unit@8 Properties acquired by purchase 1997 to 2001 (part)	2000	152	148	98	139	168	168	498	242	362	25	646
Less than $20,000	451	134	110	43	39	40	19	35	24	4	5	181
$20,000 to $39,999	324	1	5	15	61	100	73	30	12	20	7	476
$40,000 to $59,999	352	3	7	11	2	10	68	184	19	40	7	676
$60,000 to $79,999	329	2	6	12	28	5	1	162	72	40	0	735
$80,000 to $99,999	250	11	1	4	2	7	0	28	97	100	0	948
$100,000 to $124,999	95	0	2	0	7	3	3	7	10	63	0	244328
$125,000 to $149,999	43	1	0	7	0	0	0	6	1	27	0	218326
$150,000 to $174,999	24	0	0	0	0	0	0	0	6	17	0	322875
$175,000 to $199,999	12	0	0	2	0	0	4	1	0	5	0	661
$200,000 to $249,999	2	0	1	0	0	0	0	0	0	1	0	197
$250,000 to $299,999	42	0	0	0	0	0	0	0	0	39	2	500500
$300,000 to $499,999	3	0	0	0	0	1	0	0	0	1	0	492
$500,000 or more	46	0	0	0	0	0	0	45	0	2	0	703
Median	51986	11382	12051	26118	30017	28645	37822	60044	78367	95337	36821	...
Mean	70602	11050	19832	44192	36191	33133	43613	105584	71594	116836	53303	700
Other properties	8009	699	388	624	1126	996	1201	1203	656	1016	102	510
Rental Receipts as Percent of Value@8 Acquired before 2000	9576	814	496	674	1171	1129	1344	1629	887	1315	117	533
Less than 5 percent	663	377	45	59	46	9	12	61	27	15	12	86
5 to 9 percent	828	137	91	95	135	91	84	92	48	55	0	367
10 to 14 percent	3020	250	235	269	319	290	324	489	333	508	5	545
15 to 19 percent	1945	25	14	73	236	263	412	527	194	201	0	588
20 to 24 percent	941	0	50	32	83	211	187	142	75	161	0	551
25 to 29 percent	550	0	10	44	138	74	51	110	38	84	0	515
30 to 39 percent	576	23	1	29	94	93	77	75	96	88	0	562
40 percent or more	935	2	50	72	114	97	188	136	77	200	0	570
Median	16	6	12	13	17	18	18	17	16	17	4	...
Acquired 2000 and 2001 (part)	433	37	39	48	94	34	26	72	10	63	10	393
Rental Vacancy Losses as Percent of Potential Receipts Acquired before 2000	9576	814	496	674	1171	1129	1344	1629	887	1315	117	533
Less than 1.0 percent	991	26	46	81	191	89	179	178	84	110	7	533
1.0 to 2.9 percent	1551	0	38	33	220	140	225	352	187	357	0	668
3.0 to 4.9 percent	1585	11	12	33	141	270	321	368	234	196	0	603
5.0 to 6.9 percent	768	19	13	14	74	100	104	248	101	95	0	648
7.0 to 8.9 percent	518	0	8	56	50	119	68	119	23	76	0	539
9.0 to 10.9 percent	332	5	10	26	92	75	45	29	20	29	0	444
11.0 to 12.9 percent	158	0	26	8	10	12	10	41	28	22	0	664
13.0 to 14.9 percent	82	0	13	7	15	16	5	11	2	13	0	440
15.0 percent or more	943	451	99	113	88	64	12	26	20	70	0	121
Not reported or not computed	2648	302	232	303	290	245	375	257	189	347	109	459
Median	4.2	51.7	11.4	7.9	3.4	4.6	3.5	3.9	3.7	3.2	0.5	...
Acquired 2000 and 2001 (part)	433	37	39	48	94	34	26	72	10	63	10	393
OWNER CHARACTERISTICS Type of Owner Individual investor(s)	1899	170	119	203	385	287	254	255	121	88	17	422
Limited partnership	2258	120	158	127	312	270	324	462	236	212	37	538
Joint venture	75	0	7	3	9	6	3	14	22	12	0	750
General partnership	1026	394	39	35	49	149	119	119	62	61	0	393
Life insurance company	223	9	7	5	1	1	7	35	28	125	4	127605
Depository institution	17	0	7	2	3	4	0	0	0	0	0	245
Public real estate investment trust	924	33	17	19	12	53	142	292	117	232	6	725
Private real estate investment trust	101	24	1	7	8	0	0	19	16	25	0	706
Corporation - other than real estate investment trust	1920	65	86	140	234	291	311	345	174	259	16	544
Housing cooperative organization	263	9	36	21	24	34	36	11	11	52	28	480
Non-profit or church-related institution	954	18	51	134	185	46	137	67	40	260	15	526
Pension fund	150	1	1	10	6	4	7	57	37	26	0	758
Fraternal organization	3	0	0	0	0	0	3	0	0	0	0	550
Other	197	7	7	16	37	19	26	25	32	25	3	543
RECURRING EXPENSES Real Estate Tax Per $1,000 Value Acquired before 2000	9576	814	496	674	1171	1129	1344	1629	887	1315	117	533
Less than $5	1204	26	73	155	178	109	106	213	69	208	68	526
$5 to $9	1502	30	16	55	174	168	220	352	210	265	12	647
$10 to $14	2414	450	163	118	202	332	279	384	218	253	15	481
$15 to $19	1078	95	9	57	127	171	221	170	111	115	2	536
$20 to $24	799	36	33	65	137	54	165	160	76	74	0	546
$25 to $29	627	0	32	79	140	118	72	102	31	47	5	450
$30 to $39	1093	43	54	36	136	102	222	185	130	169	15	575
$40 to $49	33	0	0	0	0	0	0	17	0	15	0	789
$50 to $59	4	0	0	0	0	0	1	3	0	0	0	664
$60 or more	104	24	0	3	0	20	1	15	23	18	0	649
Not reported or not computed	719	110	117	106	77	54	57	28	18	151	0	334
Median	14	13	13	13	15	14	16	13	14	12	4	...
Acquired 2000 and 2001 (part)	433	37	39	48	94	34	26	72	10	63	10	393
Real Estate Tax as Percent of Rental Receipts Acquired before 2000	9576	814	496	674	1171	1129	1344	1629	887	1315	117	533
Less than 5 percent	2135	16	92	200	319	246	292	367	178	424	0	566
5 to 9 percent	3580	95	143	212	463	532	551	754	421	411	0	563
10 to 14 percent	1527	97	54	94	129	193	327	345	139	147	0	560
15 to 19 percent	720	14	45	49	100	72	71	107	101	154	7	610
20 to 24 percent	480	351	2	5	74	2	15	12	10	9	0	69
25 to 29 percent	57	0	6	2	13	8	6	5	9	8	0	501
30 to 34 percent	114	58	2	2	2	0	34	5	10	3	0	99
35 to 39 percent	42	0	21	0	0	13	0	0	0	8	0	402
40 percent or more	120	73	14	3	0	8	0	6	0	4	11	75
Not reported or not computed	800	110	117	106	72	54	47	28	18	148	99	324
Median	8	22	8	7	7	8	8	8	8	7	20661	...
Acquired 2000 and 2001 (part)	433	37	39	48	94	34	26	72	10	63	10	393
Property Management Property managed by paid property management company	7788	599	436	653	1023	904	1018	1339	699	1014	103	522
Property not managed by paid property management company	1674	118	74	46	180	190	271	310	132	328	24	580
Not reported	547	134	26	22	62	69	80	53	66	35	0	443
Property Management and Administration Expenses Per Housing Unit Acquired before 2000	9576	814	496	674	1171	1129	1344	1629	887	1315	117	533
Less than $100	152	46	15	24	18	21	0	6	12	4	6	250
$100 to $199	457	29	61	104	79	85	26	43	13	11	6	340
$200 to $299	843	10	44	38	147	165	173	161	66	27	12	506
$300 to $399	1110	15	50	82	125	162	236	272	115	44	10	549
$400 to $499	1127	333	2	17	155	96	197	229	47	47	4	456
$500 to $599	437	3	3	23	39	70	108	84	93	12	2	574
$600 to $699	535	0	22	3	74	74	70	86	74	131	0	654
$700 to $799	309	21	0	7	13	44	83	86	11	44	0	583
$800 to $899	357	0	0	20	46	85	38	72	26	69	0	571
$900 to $999	248	0	29	8	36	34	25	49	30	37	0	568
$1,000 to $1,249	643	0	5	60	40	68	83	173	94	121	0	677
$1,250 to $1,499	296	0	2	22	14	17	33	65	65	78	0	783
$1,500 to $1,999	375	2	0	3	45	32	31	79	76	107	0	787
$2,000 to $2,499	133	0	0	0	20	0	3	11	12	88	0	244867
$2,500 or more	265	5	0	8	5	15	21	9	17	179	5	273840
No expenses	744	90	61	47	142	49	81	97	44	101	32	432
Not reported or not computed	1544	259	202	206	171	112	136	107	93	216	41	349
Median	496	440	292	353	439	453	465	502	639	1153	284	...
Acquired 2000 and 2001 (part)	433	37	39	48	94	34	26	72	10	63	10	393
Maintenance and Repair Expenses Per Housing Unit Acquired before 2000	9576	814	496	674	1171	1129	1344	1629	887	1315	117	533
Less than $100	211	43	6	16	12	10	31	53	10	22	7	546
$100 to $199	835	386	39	36	87	44	47	74	45	67	9	169
$200 to $299	435	39	45	27	54	91	44	65	26	45	0	459
$300 to $399	626	4	34	70	89	86	134	127	38	34	9	519
$400 to $499	693	6	43	60	140	84	94	142	59	66	0	515
$500 to $599	607	0	51	20	52	110	86	152	63	72	0	581
$600 to $699	638	5	28	34	140	47	121	114	88	55	5	551
$700 to $799	561	9	5	50	93	62	76	103	66	89	7	576
$800 to $899	505	0	2	26	55	104	63	132	37	80	6	599
$900 to $999	499	5	3	27	91	93	79	101	48	53	0	539
$1,000 to $1,249	603	13	7	56	47	139	87	102	82	66	6	543
$1,250 to $1,499	382	5	0	7	82	31	100	75	22	59	1	566
$1,500 to $1,999	638	0	8	0	35	43	123	107	103	217	2	803
$2,000 to $2,499	269	0	7	14	13	44	49	72	29	42	0	622
$2,500 or more	335	4	0	10	9	17	63	51	54	126	0	849
No expenses	129	24	5	9	6	4	1	28	0	2	52	327
Not reported or not computed	1611	270	213	213	168	121	145	133	115	220	13	361
Median	680	156	434	588	647	748	754	707	784	929	618	...
Acquired 2000 and 2001 (part)	433	37	39	48	94	34	26	72	10	63	10	393
Utility and Fuel Expenses Per Housing Unit Acquired before 2000	9576	814	496	674	1171	1129	1344	1629	887	1315	117	533
Less than $250	1072	413	27	59	164	95	100	152	40	11	10	320
$250 to $499	2144	81	105	126	348	258	364	484	229	141	7	541
$500 to $749	1853	16	85	107	233	264	345	403	185	204	9	563
$750 to $999	1006	22	43	70	137	196	98	194	114	123	8	531
$1,000 to $1,249	655	5	2	21	24	110	161	96	84	152	0	610
$1,250 to $1,499	536	3	10	56	21	46	45	85	44	217	9	795
$1,500 to $1,749	199	0	0	0	15	12	34	36	39	52	10	785
$1,750 to $1,999	138	0	5	6	11	14	42	12	3	45	0	578
$2,000 to $2,499	73	0	0	0	0	9	0	4	28	31	0	962
$2,500 or more	113	0	9	0	0	0	0	3	8	94	0	398292
No expenses	109	11	6	13	19	12	5	14	2	14	14	399
Not reported or not computed	1679	263	205	217	199	112	147	146	110	230	49	365
Median	591	164	531	587	474	641	595	561	660	1092	763	...
Acquired 2000 and 2001 (part)	433	37	39	48	94	34	26	72	10	63	10	393