Rent Zestimate Formula:
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The Zillow Rental Calculator estimates rental prices adjusted for military Basic Allowance for Housing (BAH) in a specific zip code. It uses comparable properties and military housing features to provide accurate estimates.
The calculator uses the Zillow Rent Zestimate formula:
Where:
Explanation: The model analyzes similar properties in the area and adjusts for military housing allowances.
Details: Accurate rent estimation helps military personnel budget effectively and find housing that fits within their BAH allowance.
Tips: Enter the 5-digit zip code, select number of bedrooms and bathrooms, and your military rank for the most accurate BAH-adjusted estimate.
Q1: How often is the rental data updated?
A: Zillow updates its database continuously, with major updates monthly.
Q2: Does this include utilities?
A: The estimate is for base rent only. Utilities are typically not included unless specified.
Q3: How accurate is the BAH adjustment?
A: The calculator uses current year BAH rates for the zip code and rank.
Q4: Can I use this for off-base housing?
A: Yes, this calculator is specifically designed for off-base housing estimates.
Q5: What if my exact rank isn't listed?
A: Choose the closest rank bracket (e.g., E5 for an E6).