These details might convince you to stick around in the apartment space you’ve found!

Do you love your apartment? Have you found the community that truly feels like home to you?

If you have, congratulations! The following might be just a few of the reasons why you feel that way.

But perhaps you are pondering other possibilities?

Start your apartment search today!

Consider what might convince you to stay in your apartment. These details might make you want to stick around in the space you’ve found!

Convenient location
In real estate, location is king. If your current apartment is located near work or school and offers easy access to highways and many of your favorite haunts, you know just how true that old adage is. A convenient location can make an apartment home feel like a real treasure.

Great neighborhood
The qualities of a neighborhood can also be enough to make you stay in an apartment, long-term. Consider walkability, diversity and the “cool factor.” Do you enjoy the character of your current neighborhood? Would you miss its unique quirks or cultural offerings?

Amazing amenities
Apartment amenities are another point of persuasion. Some apartment communities offer a wide variety of amenities like a pool, outdoor space for play or barbeques, dog runs, a gym or concierge, and laundry services. Take a moment to think about the apartment amenities that make your life easier. When all other factors in an apartment search are equal, amenities can really tip the scale toward “love.”

The people
Good relationships with your neighbors can also factor strongly in a decision to stay in an apartment. Many apartments offer residents a real sense of community. If you enjoy knowing your neighbors and find yourself in an environment where folks are friendly and fun, you may have all the evidence you need to stay put.

Consider your relationship with property managers and staff, as well. Personable, attentive staff who make themselves available to their residents and respond quickly to maintenance issues or other needs are a true asset. If you feel your apartment community staff really takes care of you, consider that a good reason to stay in your current place.

Financial factors
These are just some of the reasons that might convince you to stay in an apartment. There are financial reasons, too. If you enjoy a reasonable rent rate, that can be a very compelling reason to stay put.

And don’t forget that even a short, in-town move comes at a cost. Even if you do everything yourself, moving will still be an expense — on top of all the start-up expenses you’re responsible for to secure a new lease and set up utilities at a new place.

Sure, maybe you’ve daydreamed about moving? We all get an itch to try something new every once in a while, but moving isn’t necessarily something to do on a whim. Consider the reasons above, and you may decide you want to stay put right where you are!

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Higher occupancy is proving to be a game changer for renters in some cities.

If you’re in the midst of an apartment search, a rental may be a little harder to locate these days.

According to real estate research firm REIS, apartment vacancies have fallen in recent months, a stark reversal from years past.

Higher occupancy is proving to be a game changer for renters in some cities, however.

Where demand is highest
According to apartment industry publication Multifamily Executive.com, occupancy rates for apartments are highest in these major cities:

• New York, N.Y.
• Boston, Mass.
• Los Angeles, Calif.
• Phoenix, Ariz.
• Orlando, Fla.
• Houston, Texas
• Dallas, Texas
• Seattle, Wash.
• Chicago, Ill.
• Denver, Colo.

If you are apartment searching in these cities, high occupancy rates will likely affect the ease with which you’re able to get into a new apartment. You may have to move faster to secure an apartment.

Start your apartment search today!

The reasons behind the apartment living boom
The popularity of renting has increased in recent years, so it’s no surprise that apartment vacancies have been falling — even as rents have risen. There are several reasons why it’s a landlord’s market:

• Stricter lending standards are forcing many renters who may have formerly qualified for mortgages to stay in leases longer.

• Young professionals, who make up a large percentage of renters, prefer the flexibility to move, when necessary, to pursue employment opportunities — all the more difficult when one owns a home.

• Job creation is on the rise. In markets where employment numbers look good, the number of available apartments is lower.

The demand for apartments has been so strong in recent months that vacancies have hit an 11-year low, according to Bloomberg.com. Construction on new multifamily units has picked up in many cities to help satisfy the demand, however.

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