Real Estate Dictionary

What are multifamily expense benchmarks and how are they used?

Multifamily Expense Benchmarks refer to standardized measures or metrics that provide an average or range of typical operating expenses associated with running a multifamily property, such as an apartment complex.

October 20, 2023

What are Multifamily Rent Comps and How Are They Used?

Multifamily Rent Comps (comparables) refer to rental rates for multifamily properties (like apartment complexes) that are comparable in size, location, condition, and amenities to a property that an investor, owner, or property manager is evaluating.

October 20, 2023

Still have a question? Contact us

24×7 help from our support staff

Real Estate Dictionary

What are multifamily expense benchmarks and how are they used?

What are Multifamily Rent Comps and How Are They Used?

Make real-time data your competitive advantage!