Trend of Rental Yield in Lee County, Alabama

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

CountyLee County
Population 2015150,982
Population 2009130,669
Population % change15.5
Population change rank compared to US150
Population change rank compared to Alabama3
Median Gross Rent 2015792
Median Gross Rent 2009632
Median Gross Rent % change25.3
Median Gross Rent change rank compared to US482
Median Gross Rent change rank compared to Alabama8
Home Value 2015154,300
Home Value 2009131,000
Home Value % change17.8
Home Value change rank compared to US698
Home Value change rank compared to Alabama14
Rental Yield 20156.2
Rental Yield 20095.8
Rental Yield % change6.4
Rental Yield change rank compared to US1,633
Rental Yield change rank compared to Alabama23