Which factor is NOT typically considered when determining rental rates?

When determining rental rates, several critical factors are considered to establish a competitive and fair price point. These include location, as properties in desirable areas typically command higher rents due to demand; market conditions, which reflect the current economic environment and the rental market's supply and demand dynamics; and property condition, which assesses the upkeep and quality of the rental unit that can influence rental desirability and pricing.

However, tenant age is not a conventional factor in establishing rental rates. Rental prices are generally based on objective criteria such as location, market dynamics, and the property's physical condition rather than demographic characteristics of prospective tenants. This means that a tenant’s age does not factor into the assessment of appropriate rental rates, making it the correct choice for what is NOT typically considered. This maintains a focus on fairness and objectivity in the rental pricing process.