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Updated 3 days ago, 11/15/2024
Rental Analysis Data?
I'm doing some diligence on a property that has an existing duplex, but I can build a small apartment complex on the same lot. Does anyone have some really good websites for accurate up to date data for vacancy rates, median rents, average household income, etc? Ideally broken down to the city at bare minimum, but even neighborhoods or zip codes would be even better.
Hey Zach,
I tried to look into this as well before and it's kind of all over the place. There's no true data source that aggregate all the data that you look for (at least to my knowledge). That being said, I'm a big fan of Zillow Housing Data. It will provide you with zip code level of market rents, rental demands per metro markets. I see that you're a developer so if you were to build apartments instead, you might want to look at data specifically for apartments instead of lumping in houses/townhomes. Zillow has all of that and it's free!
https://www.zillow.com/research/data/
Wish I could say I'm sponsored by Zillow but sadly, I'm not. I am very impressed with the data that they provide though.
- Bill Le
Quote from @Bill Le:
Hey Zach,
I tried to look into this as well before and it's kind of all over the place. There's no true data source that aggregate all the data that you look for (at least to my knowledge). That being said, I'm a big fan of Zillow Housing Data. It will provide you with zip code level of market rents, rental demands per metro markets. I see that you're a developer so if you were to build apartments instead, you might want to look at data specifically for apartments instead of lumping in houses/townhomes. Zillow has all of that and it's free!
https://www.zillow.com/research/data/
Wish I could say I'm sponsored by Zillow but sadly, I'm not. I am very impressed with the data that they provide though.
Great, thank you! I'll check it out!
I did find some good data on city-data.com that I had forgotten about. And a PM friend of mine pointed me towards NARPM. But your info is helpful, I'll check that out! Thank you!
Quote from @Zach Matson:
Quote from @Bill Le:
Hey Zach,
I tried to look into this as well before and it's kind of all over the place. There's no true data source that aggregate all the data that you look for (at least to my knowledge). That being said, I'm a big fan of Zillow Housing Data. It will provide you with zip code level of market rents, rental demands per metro markets. I see that you're a developer so if you were to build apartments instead, you might want to look at data specifically for apartments instead of lumping in houses/townhomes. Zillow has all of that and it's free!
https://www.zillow.com/research/data/
Wish I could say I'm sponsored by Zillow but sadly, I'm not. I am very impressed with the data that they provide though.
Great, thank you! I'll check it out!
I did find some good data on city-data.com that I had forgotten about. And a PM friend of mine pointed me towards NARPM. But your info is helpful, I'll check that out! Thank you!
I'll check out City-Data. Best of luck.
- Bill Le