Trend of Rental Yield in Mountrail County, North Dakota

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

CountyMountrail County
Population 20159,253
Population 20096,540
Population % change41.5
Population change rank compared to US9
Population change rank compared to North Dakota3
Median Gross Rent 2015673
Median Gross Rent 2009486
Median Gross Rent % change38.5
Median Gross Rent change rank compared to US146
Median Gross Rent change rank compared to North Dakota15
Home Value 2015132,300
Home Value 200959,300
Home Value % change123.1
Home Value change rank compared to US6
Home Value change rank compared to North Dakota4
Rental Yield 20156.1
Rental Yield 20099.8
Rental Yield % change-37.9
Rental Yield change rank compared to US3,125
Rental Yield change rank compared to North Dakota52