SAN FRANCISCO, Sept. 14, 2017 /PRNewswire/ -- HotPads®, an
apartment and home search platform for renters in urban areas
across the United States, today
estimated the approximate real-life rental value of ten fictional
homes and apartments featured in this year's Emmy-nominated
television series.
To estimate the rent costs for these fictional properties,
HotPads used home characteristics like location, number of
bedrooms, and layout as well as any unique features revealed in the
show's script to compare the home to similar properties recently
listed for rent on HotPads.[i]
Erlich Bachman's incubator in
HBO's Silicon Valley, a large single-family home in
Palo Alto, California shared by
the show's main leads, had the highest estimated rent cost in the
study at $6,250 per month. The median
listing rent in Palo Alto is
$5,998 per month.[ii]
Two of this season's most talked about shows, NBC's This is
Us and Netflix's Stranger Things, are set in suburban or
rural areas in the 1980s and not surprisingly fetch the lowest
estimated monthly rents of homes in this study. Jack and Rebecca's
single-family, 3-bedroom home in This is Us would have
rented for about $390 a month in 1980
when the show's leading triplets were born, which is equivalent to
a monthly payment of $1,100 this
year. Meanwhile, a home comparable to the Byers' single-story
3-bedroom house in Stranger Things would have rented for
about $350 a month in 1983, or
roughly $850 a month this
year.[iii]
"On many of our favorite shows, the homes are almost like
additional characters – ones that people love to discuss," said
Douglas Pope, cofounder and general
manager of HotPads. "Thinking about how much a home on TV would
cost to rent in real life gives viewers another way to relate to
the show and the characters they love."
Of the ten homes analyzed, four exceeded the HotPads' median
listed rent price for their area by over $1,000 a month. However, not all homes in the
analysis were on the high end of the market – four homes were
within $300 per month of the median
listed rent for their area, while half were within $500 of the area's median listing rent.
For more information on homes from Emmy-nominated shows featured
in this analysis, visit the HotPads blog.
Show
Title
|
Fictional
Residence Examined
|
Estimated Home
Details[iv]
|
Neighborhood or
City
|
Estimated Monthly
Rent[v]
|
Local Median
Rental List Price on HotPads[vi]
|
This is Us
|
Jack and Rebecca's
House
|
3-bedroom
single-family home
|
Allegheny County,
PA
|
$390 (1980) $1,100
(2017)
|
$1,275
|
The Night
Of
|
Andrea Cornish's
Townhome
|
1-2 bedroom
townhome
|
Upper West Side, New
York, NY
|
$4,500
|
$3,599
|
Stranger
Things
|
The Byers'
House
|
3-bedroom
single-family home
|
Hawkins,
IN[vii]
|
$350
(1983)
$850
(2017)
|
$1,100[viii]
|
How to Get Away with
Murder
|
Annalise's
House
|
3-4 bedroom
single-family home
|
Philadelphia,
PA
|
$2,920
|
$1,500
|
Silicon
Valley
|
Erlich's House (The
Incubator)
|
4-5 bedroom
single-family home
|
Palo Alto,
CA
|
$6,250
|
$5,998
|
Shameless
|
The Gallagher's
House
|
3-4 bedroom
single-family home
|
Chicago,
IL
|
$1,570
|
$1,800
|
Master of
None
|
Dev's
Apartment
|
1-bedroom
apartment
|
New York,
NY
|
$4,500
|
$3,000
|
Veep
|
Catherine's
Townhome
|
2-3 bedroom
townhome
|
Brooklyn, New York,
NY[ix]
|
$4,900
|
$2,600
|
Big Little
Lies
|
Jane's
House
|
1-2 bedroom
single-family home
|
Monterey County,
CA
|
$2,400
|
$2,800
|
Modern
Family
|
The Dunphy
House
|
4-bedroom
single-family home
|
Los Angeles,
CA
|
$5,500
|
$3,500
|
HotPads
HotPads is the most efficient rental search platform for urban
areas across the United States,
with features designed for competitive markets such as map-based
search, real-time notifications and detailed information on
landlords and property managers, that help renters spend less time
searching and more time feeling excited about their next home.
Launched in 2005, HotPads is based in San Francisco and is owned and operated by
Zillow Group, Inc. (NASDAQ:Z and ZG).
HotPads is a registered trademark of Zillow, Inc.
[i] HotPads analyzed ten homes featured on shows nominated for
Emmy awards and used each home's location, approximate size and
notable additional features to identify comparable homes recently
listed for rent in each show's local rental market. HotPads then
calculated the median rental list price from available comparable
rental listings to determine the cost to rent each home featured on
an Emmy-nominated show.
[ii] Median rental list price includes the median asking rent for
single-family, condo, and co-opt homes listed for rent on HotPads
in July 2017.
[iii] Historic rent prices calculated by adjusting inflation to
December 1980 (for This is Us)
and December 1983 (for Stranger
Things) using the Consumer Price Index (CPI). For This is
Us HotPads used Shelter CPI for the Pittsburgh, PA metro, and for Stranger
Things HotPads used the rent CPI for small Midwest towns (Size
Class D).
[iv] Home details and representations loosely based on the TV
series' interior set designs as well as script and plot
details.
[v] HotPads used each home's location, approximate size and
additional features to identify comparable homes recently listed
for rent on HotPads. HotPads then calculated the median rental list
price from available comparable rental listings in recent months to
determine the estimated cost to rent the home.
[vi] The median rental list price includes single-family, condo,
and co-opt homes listed for rent on HotPads in the city or region
indicated in July 2017.
[vii] Since Hawkins, Indiana is
fictional, HotPads estimated the town's population at around 4,050
using the town's school system and its real-life filming location
of Jackson, GA. At 4,050
residents, Hawkins would be in the 75th percentile of real
Indiana towns in population
according to the 2010 Census. HotPads used comparable rental
listings in other Indiana towns in
the 75th percentile to approximate the estimated monthly cost to
rent the Byers' home in Stranger Things.
[viii] Median rental list price of all Indiana single-family, condo, and co-opt homes
listed for rent on HotPads in July
2017.
[ix] Median rental list price of all single-family, condo, and
co-opt homes in Kings County, New
York, listed for rent on HotPads in July 2017.
View original
content:http://www.prnewswire.com/news-releases/how-much-10-emmy-nominated-homes-would-cost-in-real-life-300519482.html
SOURCE HotPads, Inc.