Trend of Rental Yield in Erie County, New York

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

CountyErie County
Population 2015921,584
Population 2009914,200
Population % change0.8
Population change rank compared to US1,878
Population change rank compared to New York33
Median Gross Rent 2015739
Median Gross Rent 2009672
Median Gross Rent % change10.0
Median Gross Rent change rank compared to US2,246
Median Gross Rent change rank compared to New York41
Home Value 2015130,000
Home Value 2009112,800
Home Value % change15.2
Home Value change rank compared to US867
Home Value change rank compared to New York14
Rental Yield 20156.8
Rental Yield 20097.1
Rental Yield % change-4.6
Rental Yield change rank compared to US2,575
Rental Yield change rank compared to New York52