Trend of Rental Yield in Broward County, Florida

Gavop is a real estate, housing & local data & analytics service. We get data from public sources such as the census bureau & private databases. Our data can be used by real estate and organizations to get further insights into local market dynamics. We analyzed rental yield trends from 2009 and 2015 for all counties in the U.S. Rental yields are impacted by factors such as home location, home facilities, employment opportunities, strata levies, and council rates

The key elements in the research are

  1. Median Gross Rent
  2. Median Home Value

 

Our key findings

CountyBroward County
Population 20151,843,152
Population 20091,759,132
Population % change4.8
Population change rank compared to US959
Population change rank compared to Florida41
Median Gross Rent 20151,191
Median Gross Rent 20091,111
Median Gross Rent % change7.2
Median Gross Rent change rank compared to US2,597
Median Gross Rent change rank compared to Florida31
Home Value 2015185,900
Home Value 2009260,500
Home Value % change-28.6
Home Value change rank compared to US3,092
Home Value change rank compared to Florida53
Rental Yield 20157.7
Rental Yield 20095.1
Rental Yield % change50.2
Rental Yield change rank compared to US81
Rental Yield change rank compared to Florida13