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3/1/2014 - Green Cay Village Rental Rates

For homeowners and investors leasing townhomes and condos, here are the current rates for units leased by homeowners/investors and Green Cay Rentals aka the Developer.

    Units
Leased
Median
Lease*
Maximum
Lease
Townhomes      
   Owner/Investor Leased 22 $1525 $1800
   Green Cay Retals Leased 23 $1643 $1680
       
Condos - 2 Bedroom      
   Owner/Investor Leased 30 $1087 $1200
   Green Cay Rentals Leased 32 $1243 $1280
Condos - 3 Bedroom      
   Owner/Investor Leased 20 $1200 $1350
   Green Cay Rentals Leased 31 $1368 $1405
       
Palm Park - 1 Bedroom All $885
Palm Park - 2 Bedroom All $1040
Palm Park - 3 Bedroom All $1183

Includes cable, washer/dryer, water, sewer, and trash.

*Median - the middle number of a group of numbers; that is, half the leases have values that are greater than the median, and half the leases have values that are less than the median.

In looking at this data, it is clear to me that owners/investors can charge higher rents, at least to the point of getting your rents to the Green Cay Rentals median amount.


Peter Schulz - Editor - Email TCM

 
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