Trend of Rental Yield in Newport County, Rhode Island

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

CountyNewport County
Population 201582,663
Population 200981,693
Population % change1.2
Population change rank compared to US1,769
Population change rank compared to Rhode Island1
Median Gross Rent 20151,111
Median Gross Rent 20091,022
Median Gross Rent % change8.7
Median Gross Rent change rank compared to US2,405
Median Gross Rent change rank compared to Rhode Island3
Home Value 2015349,200
Home Value 2009398,400
Home Value % change-12.3
Home Value change rank compared to US2,869
Home Value change rank compared to Rhode Island3
Rental Yield 20153.8
Rental Yield 20093.1
Rental Yield % change24.0
Rental Yield change rank compared to US501
Rental Yield change rank compared to Rhode Island5