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Rent prices for lots in manufactured or mobile home parks are on the rise, according to census data. Some home owners say the increases are pricing them out of the homes they own.
LEILA FADEL, HOST:
Some mobile and manufactured homeowners say higher lot rents are pricing them out of the homes they own. That's a particular problem in Florida, with one of the largest manufactured housing markets in the country. From member station WUSF in Tampa, Gabriella Paul reports.
GABRIELLA PAUL, BYLINE: A lot of people buy manufactured homes for the same reasons - it's a way to live affordably with neighbors your age and a park that maintains public...
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It was like $450, and that was back in 2010. Well, now here we are, and we are actually paying - I just paid the bill - $840 for the lot rent.
Is there anything in the United States that is not a whole lot more expensive today than 15 years ago?
Let’s do the math together. If the lot rent was $450 in 2010 then, with inflation adjustment, that would be $700 today. If the park is at $840 per month then it went up only slightly higher than inflation. By comparison, apartment rents and single-family home costs have gone up at nearly twice the rate of inflation.