Adu Gets Higher Rent than Apartments or Multifamily?
Hello everyone, I just came from an ADU fair in Sacramento and the presenters were saying that ADUs rent for more money than apartments or multifamily. Is this true?
They said don't base your numbers on Rentometer. They said to go to Zillow, remove apartments from your filters and put in the # of bedrooms.
Personally, I wouldn't pay more to rent an ADU vs an apartment.
Their example was for a 1b1b standard quality 400-750 sq ft ADU costing $200k would rent for $2700!
What have you guys experienced? I am skeptical.