Rent Comparibles

What is the best way to find rents comparable for a park you are looking at? While the average two bed rent will let you know how much you can raise the lot rent, what is the best way to gauge where the MHP markets rents are around your prospective park.



The rule of thumb used around here is that a 3/2 mobile home should rent around the same or a touch more than a 2/2 apartment. This data is readily available on, and you can call apartments nearby to get more focused rates as needed.

For lot rents you need to call or visit other MHP’s nearby to see what they’re charging. Consider the quality of the park, who pays utilities, etc to ensure comparability.