These are the amenities renters prefer most


These are the amenities renters prefer most



The strong appeal of single-family rentals comes both from renters by choice looking for convenience and from would-be home buyers who have, for one reason or another, been shut out of the for-sale market, according to Kelly Mangold, principal with RCLCO...

Dive Brief:

  • While the majority of U.S. renters live in high-density apartments, more than half of them would actually prefer to live in a single-family rental home, according to a new survey, which also found that security features have become a top priority among renters.

  • Fifty-one percent of those surveyed said their ideal rental unit type is a single-family home and an additional 21% said they prefer a townhouse or duplex, according to Bethesda, Maryland–based real estate consultant RCLCO’s 2023 National Renter Consumer Preferences Report, released in March.

  • New kitchen appliances, walk-in closets and oversized kitchen pantries were the most popular unit features among the survey’s respondents, while the two most popular building amenities are security-related: a front desk attendant or gated community and a secure package receiving system.
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RSK: These amenities keep changing as years and different generations come into play. Cost is still the number 1 factor. More of a wish list than an actual "I will pay more for these amenities"...

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- - Volume: 11 - WEEK: 22 Date: 5/30/2023 8:42:52 PM -