Trend of Rental Yield in Shelby County, Tennessee

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

CountyShelby County
Population 2015937,750
Population 2009918,186
Population % change2.1
Population change rank compared to US1,550
Population change rank compared to Tennessee58
Median Gross Rent 2015859
Median Gross Rent 2009762
Median Gross Rent % change12.7
Median Gross Rent change rank compared to US1,842
Median Gross Rent change rank compared to Tennessee62
Home Value 2015130,800
Home Value 2009129,800
Home Value % change0.8
Home Value change rank compared to US2,239
Home Value change rank compared to Tennessee90
Rental Yield 20157.9
Rental Yield 20097.0
Rental Yield % change11.9
Rental Yield change rank compared to US1,145
Rental Yield change rank compared to Tennessee19