At Integra Realty Resources, we offer comprehensive HUD Rent Comparability Studies (RCS) to assist property owners and the Department of Housing and Urban Development (HUD) in determining fair market rent rates. Our team is skilled in gathering and analyzing a wide range of data, including rental rates for comparable properties, vacancy rates, market trends, and economic conditions.
We take a thorough, analytical approach to our work, considering all factors that may impact the rental value of the assets, such as location, condition, and amenities. Integra has adopted HUD rules on presentation of the data, and we have built an impressive database used to drive the analytics of market rent. We provide recommendations for fair market rent rates for the property in accordance with HUD standards, and support those conclusions with a detailed analysis of adjustments and final rental value conclusions for all relevant units within a building.
This report is used by HUD and property owners to ensure that rental rates are reasonable and in compliance with HUD guidelines to assist in renewal of project-based or tenant-based Housing Assistance Payments (HAP) contracts.
At Integra Realty Resources, we are committed to helping our clients navigate the process of determining fair market rent rates for their properties. Contact us today to learn more about our HUD Rent Comparability Study services.