Mobile Home Space Rent Cost

Now this may beg the question why is a mobile home lot rent so cheap.
Mobile home space rent cost. The space rent column in the table below is your rounded up adjusted space rent. At the end of 25 years you will be paying 1 440 per month for your mobile home space rent. We have hundreds of manufactured home spaces for rent. Rows highlighted in red represent double triple and sometimes quadruple increases over the starting monthly space rent.
The last column uses an example not included in the bureau of labor statistics data of mobile home space rent starting at 450 per month in the year 1997 and currently jul 2020 at 798 per month. A quick history of mobile home parks. Many new manufactured mobile homes are set up in developments parks where the home owners pay monthly fees space rent of 100 800 or more depending on location and park amenities. When the rare weary traveler decided to park beside the road to rest for the night it wasn t a big deal.
Includes average space rent mobile home park address and more. Often the homeowner will get a loan for a mobile home that pays for the home itself but not the land it will sit on. Some of the links on this website are affiliate links which means that i may earn a commission if you click on the link or make a purchase using the link. Every month rent is paid to the property owner where a mobile home is located.
For those who want to become a resident of a mobile home park or manufactured home community a monthly lot rent payment should be expected. Here are some of the states and their average mobile home lot rent. These figures come from current mobile home listings. We provide information about homes including average space rent hoa fees homes condos and mobile homes for sale and neighborhoods across the united states.
Browse mobile home lots for rent in your state. There are a few possible answers. Even in a park mobile homes are still low cost housing options. Regionally the lowest average price was 50 614 for a new single wide in the midwest and 110 986 for a new double wide in the west.
This means that even if you add a monthly mortgage payment or chattel loan on top of that you are still looking at less than 1000 per month. The average lot rent across the us is around 300 per month. Sunrise terrace mobile home park in arroyo grande ca.