Market Rent.
Other

Dynamite
Dynamite
10 Thanks
430 Posts
15 years ago
0
There is often some confusion as to what is “market rent”. There are no tables which you can use to determine the market rent of a property. Essentially, market rent is what a willing landlord might reasonably expect to receive and a willing tenant is willing to pay for the tenancy, in comparison with rent levels for similar properties in similar areas. Consideration is given to type, size, condition and location of the property, the length of time it is available for letting and the time in the year in which it is let.

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