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market rent

   Also found in: Dictionary/thesaurus 0.01 sec.
market rent

See economic rent.
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Every five years or so there would be a review to ascertain what the market rent for the premises were at that time and the rent payable would be increased to reflect that - the rent would not be reduced, if market rents had fallen in the meantime.
Will this latest idea become the norm? by The Journal (Newcastle, England)
The ground floor retail and the 2nd floor in both of the buildings are to be vacated shortly after closing and have an estimated market rent of $100/sf and $45/sf respectively.
Hardware store sells after nearly 100 years by Real Estate Weekly
A July 2009 study from the Center for Economic and Policy Research (CEPR) examining housing costs shows that market rents are far below ownership costs in many parts of the nation.
Study: residents save by renting, not owning by Units
 
 
 
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