Firstly, the location of the park plays a significant role, as areas with high demand, desirable amenities, or close proximity to urban centers tend to command higher lot rent prices. Additionally, the overall economic conditions of the region can impact lot rent rates.
The amenities and services provided by the mobile home park also influence lot rent. Parks offering a wide range of facilities such as swimming pools, community centers, playgrounds, and security services may have higher lot rent to cover these added benefits.