Land Lease

Operators in the Land Leasing industry rent land for residential or commercial use, generating a significant portion of their revenue by leasing land to owners of manufactured homes. Participants range from individuals who rent out small plots of land to large companies that manage entire land lease communities. Manufactured homes are relatively inexpensive, and therefore, leasing arrangements offer a more affordable alternative to traditional on-site housing. As prices for single-family conventional homes and apartment rental rates have risen over the five years to 2022, manufactured home properties have increasingly provided substantial value for low-income families, retirees and first-time homeowners.