GA Hangar Rent Index

For decades there was no public benchmark for what general aviation hangar space rents for in the United States. Aircraft owners negotiated renewals against anecdote, appraisers reconciled rent conclusions to scattered local surveys, and airport sponsors set rates with no market reference. Every participant in the market worked partially blind.

The GA Hangar Rent Index closes that gap. Published each quarter by Valuation Takes Flight LLC, it tracks the market rent of US general aviation hangar storage. Appraisers cite it in rent studies, airport sponsors use it in rate resets, FBO acquirers and hangar investors use it in underwriting, lenders test rent assumptions against it, and tenants use it to judge a quoted rate.

Quarterly readings and the commentary behind them are available to subscribers. The sections below cover what the Index measures and the subscription options.

What the Index measures

The Index measures market rents for general aviation hangar storage across US airports. Market rent is the rate hangar space would command in a current open-market transaction between a willing landlord and a willing tenant, which is distinct from in-place contract rents that can lag the market by years.

Hangar rents differ by product type. A T-hangar bay, a common box hangar, and a large corporate hangar rent on entirely different scales, and a credible benchmark has to account for that mix rather than averaging across it. The quarterly report gives subscribers the segment detail behind the headline level.

Readings are published as an index rather than a national dollar rate. An index states cumulative change in market rent since the base period, which keeps quarterly movements comparable over the life of the series and avoids implying a single price for a market where a rural T-hangar and a metro corporate box are not the same product.

Rent at any one airport turns on the same variables that drive hangar value: the field's role and traffic mix, the remaining term on the ground lease, and the local supply of usable hangar space. Those relationships are set out in how airport characteristics drive hangar value and ground-lease reversion risk, and the FAA rate-setting constraints that bind airport sponsors are covered in hangar waiting lists and FAA aeronautical rate policy. To apply the benchmark to a specific field, see airport hangar rent studies.

The Index is recalculated and released each quarter. The headline level is published without charge each quarter through the free summary described below. Full quarterly readings, the accompanying report, and the historical dataset are subscription products.

Subscriptions and pricing

Five subscription options cover the Index. A single quarterly reading is $495, and a single quarter with the full report is $1,499. Annual access is $3,999, or $4,500 with the full report each quarter. Annual access with the complete historical dataset is $9,999.

To subscribe, email Valuationtakesflight@outlook.com with the option you want and we will send an invoice and delivery details.

Free quarterly summary

The firm publishes the headline index number each quarter at no cost. Enter an email address below to receive the quarterly summary when it is released. The free summary covers the current level and direction of the Index; the underlying detail and full dataset remain subscriber content.

Citing the index

The GA Hangar Rent Index may be cited in appraisals, rent studies, board submissions, and research with attribution to Valuation Takes Flight LLC. The format below, shown citing a first-quarter 2026 reading, covers most uses. The headline level and direction may be quoted with credit and a link; reproducing subscriber data requires permission.

For citation questions, custom licensing, or media inquiries about the Index, email Valuationtakesflight@outlook.com.

Frequently asked questions

The questions below cover what hangar rent costs in the United States, how often the Index updates, and how to license historical data. Subscriber-level readings and segment detail are not reproduced here.