Ever wonder what amenities or features are most important to renters? ApartmentGuide did the research to determine what renters really want.
The demand for apartments remains strong and is likely to stay that way for the foreseeable future. A bruised housing market and sluggish economy have encouraged many people to choose renting over home ownership. According to a recent report from CNBC, many in this group are young, professional women. These women are proving to be a driving force in the apartment living boom.
As the housing market improves, apartment communities are looking for new ways to attract renters – which means improvements to apartments around the country could be coming soon. According to a survey of 6,800 property managers conducted by Apartment Guide, 76 percent of those polled believe they need to give their properties a facelift if they want to keep renters. And to know where best to invest their dollars, landlords are turning to residents for advice – meaning online ratings and reviews provide important feedback not just for prospective tenants, but for property managers as well.
At the recent No Place Like Home Conference in Anaheim, Calif., more than 230 leaders in urban development discussed the future of housing and made some predictions for the future. [find-an-apartment] Joel Kotkin, author of The Next Hundred Million: America in 2050, believes that “the suburb of the future may well resemble more of a self-sufficient village than a prototypical suburb of the 1950s.” So what would a self-sufficient apartment village look like?
Say goodbye to the stereotype of the frivolous college student who racks up debt and spends with abandon. [find-an-apartment] Today’s students are much more budget-conscious, and they’re particularly sensitive to the costs of student housing. Students still want the right location and great amenities, but they are looking very carefully at all their options before they commit to a lease. Recession reality check Students just entering college in Fall 2013 were high school freshmen during the height of the recent recession. According to rental industry publication Multifamily Executive, these students watched their families struggle with financial hardships like joblessness and upside-down mortgages. As a result, they are entering college intent on minimizing debt and stretching their rental dollars.
Will you be settling into a new place in 2014? Congratulations! Transforming your new space into a home will surely be a priority this year. While decor trends do come and go, there are some basic ways to adorn your apartment - even on the tightest budget. Take a look at what Apartment Guide is forecasting in the coming year!
When it comes to high-tech phones, you’d naturally assume that larger cities in the United States would be embracing big screen smartphones. Cities such as San Francisco, New York and the recently acknowledged marketing tech capitol Atlanta should surely be…
There’s a misconception that handicap accessibility for apartments is related to ADA compliance. It’s an easy mistake to make; the ADA applies to public buildings, common areas in apartment buildings, and most units in newer apartment complexes. If you’re looking…
When it comes to the best apartment amenities, what’s popular in 2017 may surprise you. According to Apartment Guide research, many of those searching for an apartment tend to focus on individual apartment features rather than community features. However, many apartment hunters weigh community features at approximately the same level of importance as how many bedrooms they’re looking for, so community features matter.
Pop quiz: On average, where in the United States will you find the highest rent prices for small apartments? Hint: It’s not New York, Los Angeles, Chicago or San Francisco.