Appendix- Housing Context 2nd Quarter 2018 Minneapolis rental prices, Three Den/Four+ $4,746 0.0% (+$574) (-10.0%) vacancies (change from 4th quarter 2017) Total $1,374 (+$3) 2.3% Unit Type Average Rent Vacancy (+0.1%) Rate Source: http://www.startribune.com/how-much-is-rent-for-a Studio $978 (+$33) 2.4% -2-bedroom-in-twin-cities-check-out-the-rent-chart/414996293/ (+0.6%) Apartment Occupancy Rate One Bedroom $1,206 2.1% (-0.1%) Q3 2017 Q1 2018 (+$28) Minneapolis-St. 97.9% 97.2% One + Den $1,791 2.2% Paul MSA (-$36) (+0.8%) Ranking amongst 1 1 Two Bedroom $1,748 2.7% largest 100 US (+$35) (+0.1%) metros Two + Den $4,197 (No 2.4% (-1.3%) change) Sources: Three Bedroom $2,328 1.2% (+$443) (+1.2%) August 2018 Apartment Price Metro Comparisons 1 Bedroom 2 Bedrooms Pos. City Price M/M % Y/Y % Price M/M % Y/Y % 17 Fort $1,500 -2.00% -3.80% $1,970 -3.90% 3.70% Lauderdale, FL 18 Philadelphia, $1,500 0.00% 7.10% $1,700 0.00% 6.30% PA 19 Portland, OR $1,470 0.70% 8.90% $1,730 -3.40% 8.80% 20 Atlanta, GA $1,460 1.40% 11.50% $1,870 3.30% 12.70%
Appendix- Housing Context 2nd Quarter 2018 Minneapolis rental prices, vacancies (change from 4th quarter 2017) Unit Type Average Rent Vacancy Rate Studio $978 (+$33) 2.4% (+0.6%) One Bedroom $1,206 (+$28) 2.1% (-0.1%) One + Den $1,791 (-$36) 2.2% (+0.8%) Two Bedroom $1,748 (+$35) 2.7% (+0.1%) Two + Den $4,197 (No change) 2.4% (-1.3%) Three Bedroom $2,328 (+$443) 1.2% (+1.2%) Three Den/Four+ $4,746 (+$574) 0.0% (-10.0%) Total $1,374 (+$3) 2.3% (+0.1%) Source: http://www.startribune.com/how-much-is-rent-for-a -2-bedroom-in-twin-cities-check-out-the-rent-chart/414996293/ Apartment Occupancy Rate Q3 2017 Q1 2018 Minneapolis-St. Paul MSA 97.9% 97.2% Ranking amongst largest 100 US metros 1 1 Sources: August 2018 Apartment Price Metro Comparisons 1 Bedroom 2 Bedrooms Pos. City Price M/M % Y/Y % Price M/M % Y/Y % 17 Fort Lauderdale, FL $1,500 -2.00% -3.80% $1,970 -3.90% 3.70% 18 Philadelphia, PA $1,500 0.00% 7.10% $1,700 0.00% 6.30% 19 Portland, OR $1,470 0.70% 8.90% $1,730 -3.40% 8.80% 20 Atlanta, GA $1,460 1.40% 11.50% $1,870 3.30% 12.70%
hc-unsheltered-jul-2018.docx