Rents Strong, Occupancy Down Slightly in Western Plains, Coastal Northeast

strong rents occupancy reports UMH NJ community Fairview Manor
Fairview Manor in Millville, N.J., a UMH Properties community.

Datacomp published July 2022 JLT Market Reports for manufactured home communities in Colorado, Delaware, New Jersey, and Wyoming, which include mobile home rent comps, occupancy, and other vital up-to-date data.

JLT Market Reports provide detailed research and information on manufactured home communities in 186 U.S.housing markets. Reports include the latest rent trends and statistics, marketing programs, and a variety of other useful management insights.

Datacomp’s JLT Market Reports are the nation’s #1 provider of market data for the manufactured housing industry. JLT Market Reports are recognized as the industry standard for manufactured home community market analysis.

July 2022 manufactured housing market data published in JLT Market Reports for Colorado, Delaware, New Jersey, and Wyoming include information on 242 “All ages” and “55+” manufactured home communities.

Altogether, the reports from the four states’ manufactured home communities include data representations for 63,189 homesites.

Regional Trends in Manufactured Housing Community Rent and Occupancy

  • The West region manufactured home communities show a year-over-year 0.7 percent increase in occupancy and a 7 percent increase in adjusted rents year-over-year. 
  • Northeast region manufactured home communities show a year-over-year 0.4 percent increase and a 4.2 percent increase in adjusted rents year-over-year.

What’s in JLT Market Reports?

Each JLT manufactured home community rent and occupancy report from Datacomp has detailed information about investment-grade communities in the major markets. The detailed information includes:

  • Number of homesites
  • Occupancy rates
  • Average community rents, and increases
  • Community amenities
  • Vacant lots
  • Repossessed and inventory homes, and much more

JLT Market Reports also include management insights that rank communities by number of homesites, occupancy rates, and highest to lowest rents. Established reports show trends in each market with a comparison of July 2022 rents and occupancy rates to July 2021, as well as a historical recap of rents and occupancy from 1996 to present date in most markets.

The July 2022 JLT Market Reports for manufactured home communities in Colorado, Delaware, New Jersey, and Wyoming are available for purchase and immediate download online at the Datacomp JLT Market Report website, or they may be ordered by phone in electronic or printed editions at (800) 588-5426.

Each fully updated report for mobile home communities is a comprehensive look at investment-grade properties within a market, enabling owners and managers, lenders, appraisers, brokers, and other organizations to effectively benchmark those communities and make informed business decisions.