What Do Apartment Renters Really Want in the U.S.? “According to the recently released 2017 National Multifamily Housing Council / Kingsley Renter Preferences Report, U.S. apartment renters now want more shorter-term leasing options combined with added online reviews to make more informed decisions. The NMHC report includes responses from more…
Since 2011, the number of renters has increased by an average of nearly 1.7 million every year, according to the Census Bureau, with a significant portion of them choosing apartment living. This makes the apartment renter today a force in the housing market like never before.
According to the recently released 2017 National Multifamily Housing Council / Kingsley Renter Preferences Report, U.S. apartment renters now want more shorter-term leasing options combined with added online reviews to make more informed decisions.
A huge majority of renters won’t sign a lease for an apartment that doesn’t feature air conditioning. Others? They won’t rent in an apartment building that doesn’t feature high-speed Internet access. Those are just two of the findings from the 2017 National Multifamily Housing Council/Kingsley Renter Preferences Report, a survey…
In a city where the majority of people have never taken public transportation, it should come as no surprise to landlords and developers that secured parking is a top priority for renters.
For almost three years now, there has been little to no change in overall resident satisfaction. Since the end of 2014, overall satisfaction scores have wavered between 76.6% and 76.8%. This quarter proves no different, with 76.7% of residents reporting that they’re satisfied overall with their living experience.
Property values and cap rates shift with the real estate cycle, which currently appears to be nearing a peak across many markets globally.
At NMHC’s OPTECH Conference & Exposition in Las Vegas, Kingsley Associates debuted the results of the 2017 Resident Survey Report. From rent payment methods to online reviews, the report covers what features and amenities today’s renters are expecting, as well as the latest issues hitting the apartment industry.
Apartment landlords have been wrestling with the question of whether allowing tenants to rent their units out as hotel rooms on sites like Airbnb.com is an amenity or a nuisance for their tenants.