Rental Price Index Forecast

Access HouseCanary's proprietary forecasted rental return metrics for a local ZIP code, derived from the HouseCanary rental price index (RPI), for insightful rental market analysis. RPI's are measured $ per SqFt.

Source: HouseCanary

Pricing Tier: Premium

Updated: Monthly

Request Query Params

<table><tr><th>Property</th><th>Type</th><th>Description</th><th>Example</th></tr> <tr><td>zipcode</td><td>string</td><td>5-digit zipcode</td><td>33019</td> </tr> </table>

Response

<table><tr><th>Field</th><th>Type</th><th>Description</th><th>Example</th></tr> <tr><td>returns_12mo_f</td><td>number</td><td>Forecast rental value appreciation for the next 12 months based on HPI forecast</td><td>4.2</td> </tr> <tr><td>max_12mo_loss</td><td>number</td><td>Historical max percent loss in RPI over a 12 month period</td><td>-3.5</td> </tr> <tr><td>risk_12mo_loss</td><td>number</td><td>Probability that this market's RPI will be lower 12 months from now than the current RPI</td><td>0.32</td> </tr> </table>

[
  {
    "zip/rpi_forecast": {
      "result": {
        "returns_12mo_f": 4.2,
        "max_12mo_loss": -3.5,
        "risk_12mo_loss": 0.32
      }
    },
    "zipcode_info": {
      "zip": "33019"
    }
  }
]