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Bedroom Ratio Calculation for $areaname$

  1. Compare the 3 bedroom rent to the 2 bedroom rent.
    3 Bedroom Gross Rent 2 Bedroom Gross Rent Bedroom Ratio
    $1,215 $810 1.500
  2. Compare the 3 bedroom ratio to the national floor and ceiling.
    Preliminary 3 bedroom ratio National Floor National Ceiling Check
    1.500 1.153 1.338 Is 1.153 ≤ 1.500 ≤ 1.338 ?
    FALSE
    Use ceiling value of 1.338

  3. 3 bedroom ratios recieve a bonus of 8.7%.

    1.338*1.087=1.455

  4. To ensure consistency, the 3 bedroom ratio is compared to 4 ratio.
    Preliminary 3 bedroom ratio 4 bedroom ratio Check
    1.455 1.746 Is 1.455 ≥ 1.746?
    FALSE
    Use bedroom ratio of 1.457