2017 SURVEY OF RENTERS

The results of a recently released 2017 survey* of renters reveals tenant priorities.  In this survey, 35% of tenants were in single family rental homes, the rest in multi-family.  32% of tenants had dogs, 30% had cats and 10% had other pets.  The top amenities that renters said are worth paying more for are:

• Pets allowed

• Neighborhood

• Covered parking or garage

• Walking distance to amenities

• Laundry facilities

When deciding which rental to choose, the top feature was location, closely followed by price.  The number one reason for leaving was life changes (marriage, job change, etc.).  Number two was rent increases and number three was purchasing a home.

We are here to help with all aspects of the rental market.  Contact us for more information.

There are no warranties, express or implied, including fitness for a particular purpose, made with respect to this communication. Nothing found herein should be construed as an attempt to offer or render a legal opinion or otherwise engage in the practice of law. You should obtain the advice of an attorney well versed in these matters.

*Source: Buildium