Rent Reasonableness Market Analysis
DHA contracts with Dr. Gordon Von Stroh, an Economics Professor at Daniels College of Business at the University of Denver, to conduct market analysis used in determining rent reasonableness.
Rent reasonableness is calculated at the time of the initial inspection or when a rent request is requested. If the requested rent exceeds the rent reasonableness, the rent will need to be reduced to the market area rent to execute the Lease and Contract. If the landlord disagrees, the client will not be able to lease the unit.
Landlords, if you would like to participate in the rent reasonableness study, click here for the Rent Reasonableness Form – Single Family Unit or Rent Reasonableness Form – Multifamily Unit .
There are six factors that determine rent reasonableness:
3. Type of unit
4. Square footage
5. Number of bathrooms
6. Year built