Affordable Housing, Community Development, Reports and Publications

First Rental Housing Finance Survey Conducted – Data Available

U.S Department of Housing and Urban Development and the Census Bureau

The U.S Department of Housing and Urban Development (HUD) sponsored and the Census Bureau conducted the 2012 Rental Housing Finance Survey (RHFS). RHFS collected data on the financial, mortgage, and property characteristics of multifamily rental housing properties in the United States.

An initial analysis of the data shows that about two-thirds of multifamily rental housing properties are owned by individuals/households not larger entities. 54% of two- to four-unit properties have mortgages and 85% of rental properties with 50 or more units have mortgages.

The average rent for units is $744 and 92% of the properties do not have rent control. The survey also found that only 2% of properties have project-based voucher units and 4% have units with a Section 8 Housing Assistance Program contract. Additionally, 15% of all properties have tenants that receive Section 8 vouchers.

RHFS is a biennial survey and the 2012 collection was the first of the series.  The next RHFS will occur in 2014.

Click here to read an overview of RHFS from the National low Income Housing Coalition. 

Click here to access the Rental Housing Finance Survey data.  


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