Market Rent
Barron's Business Dictionary:
Top
Market Rent
rent a comparable unit would command if offered in the competitive market.
See also CONTRACT RENT ; ECONOMIC RENT .
See also CONTRACT RENT ; ECONOMIC RENT .
| Market Profile, Market Price, Market Penetration | |
| Market Research, Market Screening, Market Segment |
Barron's Real Estate Dictionary:
Top
Market Rent
The rent that a comparable unit would command if offered in the competitive market. Contrast with contract rent.
Example: Long rents an apartment to Towns for $900 per month.
Similar units are renting for $950 per month. The apartment’s market rent is $950 per month.
Example: Long rents an apartment to Towns for $900 per month.
Similar units are renting for $950 per month. The apartment’s market rent is $950 per month.
| Market Price, Market Participant Interview | |
| Market Research, Market Segmentation |
Post a question - any question - to the WikiAnswers community:
Copyrights:
Barron's Business Dictionary
Dictionary of Business Terms. Copyright © 2007 by Barron's Educational Series, Inc. All rights reserved.
Read more