MHVillage and its industry partners are hard at work to provide the most meaningful industry statistics, trends and information available.
Here we provide one narrative installment of a manufactured housing industry trends and statistics infographic originally published in the July/August 2019 edition of The MHInsider magazine, the leading source for manufactured housing industry news.
Previously we’ve shared manufactured home statistics and results from a manufactured homeowner survey, as well as numbers on manufactured housing production, top manufacturers and top 10 retail markets.
Today we provide a snapshot of national site rents and occupancy rates for manufactured home communities. The JLT Manufactured Home Community Rent and Occupancy reports, published by Datacomp, offer insight that manufactured housing professionals can use to make informed business decisions.
Manufactured Home Community Site Rent and Occupancy Rates
(Information from Datacomp and JLT Market Reports based on data between May 2018 and May 2019)
Average Lot Rent for Manufactured Home Communities
Manufactured home community site rent, also called lot rent, was $535 per month on a national average. Site rent in all-ages communities was $514 and 55+ communities had a national average site rent of $579. Site rent has increased year-over-year by 3.9% on average, with all-ages communities’ average increase in site rent coming in 0.1% lower than the 55+ and overall averages.
Average Occupancy Rate for Manufactured Home Communities
The average occupancy rate for manufactured home communities was 93%, with all-ages communities coming in at 91% and 55+ communities registering 96% on average. The national average occupancy rate went up 1% May 2018 to May 2019. All-ages communities experienced an average occupancy rate increase of 1.2% and 55+ communities had an average occupancy increase of 0.5%.
Markets with the Highest Average Site Rent
All Ages
| Market | Rent |
| Orange County, CA | $1,383 |
| Santa Clara County, CA | $1,145 |
| Los Angeles County, CA | $946 |
55+
| Market | Rent |
| Santa Cruz County, CA | $1,590 |
| Orange County, CA | $1,018 |
| Santa Clara County, CA | $880 |
Markets with the Lowest Average Site Rent
All Ages
| Market | Rent |
| Highlands County, FL | $172 |
| Albany, GA (MSA) | $223 |
| Hendry/Okeechobee Counties, FL | $224 |
55+
| Market | Rent |
| Greenville, SC (MSA) | $223 |
| Miami-Dade County, FL | $225 |
| Albany, GA (MSA) | $234 |
Markets with the Highest Average Occupancy Rate
All Ages
| Market | Occupancy Rate |
| Santa Clara County, CA | 100% (0.2% increase) |
| Miami-Dade County, FL | 100% (0.4% increase) |
| Northern Colorado | 100% (0.2% increase) |
55+
| Market | Occupancy Rate |
| Orange County, CA | 100% (0.2% increase) |
| Santa Barbara County, CA | 100% (0.1% decrease) |
| Alameda County, CA | 100% (0.1% increase) |
Markets with the Lowest Average Occupancy Rates
All Ages
| Market | Occupancy Rate |
| Genesee County, MI | 63% (3.2% increase) |
| Leon County, FL | 68% (0.3% increase) |
| Lee County, FL | 71% (0.2% decrease) |
55+
| Market | Occupancy Rate |
| Monroe County, MI | 61% (38.5% increase) |
| Gettysburg, PA (MSA) | 72% (4.9% decrease) |
| Bay/Midland/Saginaw, MI | 75% (0.2% increase) |
Markets with the Greatest Average Increase in Occupancy
All Ages
| Market | Occupancy Rate Increase |
| Northern Michigan | 8.20% |
| Polk County, FL | 8.90% |
| Elkhart/Goshen/South Bend, IN (MSA) | 4.70% |
55+
| Market | Occupancy Rate Increase |
| Monroe County, MI | 38.50% |
| Macomb County, MI | 13.50% |
| Sussex County, DE | 9.10% |
