Property Market
June 7, 2024

What Renters Want in Their Next Home

What Renters Want in Their Next Home

Around 65% of people mentioned that having a certification, for a building would impact their decision on leasing while 62% indicated a preference for sustainability certifications.

The pet friendliness factor is also significant, with 51% showing a likelihood of choosing a property that allows pets compared to 7% who would be less inclined to do so. Interestingly the survey revealed that 70% of property tenants are dog owners whereas 34% cats.

Top Apartment Amenities;

- Having a washer/dryer, in the unit is a priority for 92 percent of renters.

- Air conditioning is essential for 91 percent of renters.

- Soundproof walls are highly valued by 90 percent of renters.

- High speed internet access is a must have for 89 percent of renters.

- A garbage disposal ranks high on the list for 88 percent of renters.

- Walk in closets are desired by 88 percent of renters.

- A dishwasher is important to 86 percent of renters.

- Pre installed window shades/blinds are preferred by 84 percent of renters.

- A patio or full balcony is favored by 84 percent of renters.

- Having a microwave oven is desired by 83 percent.

Least Desired Apartment Amenities;

- Fireplaces are only wanted by 29 percent of renters.

- Gear walls in the home are desired by 33 percent of renters.

- Biometric access to the home appeals to 38 percent of renters.

- TV wall mounts interest around half at 52%,

- Breakfast bars, stand alone showers, keyless smart locks, floor, to ceiling windows and smart/dynamic glass fall lower on the list with decreasing percentages.

Top Community Amenities Preferred, by Renters

In terms of community amenities renters tend to prioritize the following features;

- Ensured cell phone reception (86 percent)

- Convenient 24/7 self service package retrieval (73 percent)

- Access to a swimming pool (73 percent)

- Controlled access to property and amenities (71 percent)

- Preference for smoking buildings (70 percent)

- Availability of a fitness center (70 percent)

- Property recycling program (69 percent)

- Covered parking spaces (68 percent)

- Designated visitor/guest parking areas (66 percent)

- Controlled access to parking facilities (68 percent)

Less Important Community Amenities

On the side these community amenities are considered essential by renters;

- Exclusive car sharing service for residents 17 percent)

- Scooter sharing services provided on site (18 percent)

- Presence of an on site childcare center (19 percent)

- Availability of bike sharing options (20 percent)

- Area designated for bike maintenance and repair services(21percent)

- Pickleball court facilities(22percent)

- Options for monitoring electric transportation services(23percent)

- Storage located off site with, on demand delivery services(27percent)

Top things renters look for in apartments and communities;

- Air conditioning (76%)

- In unit washer/dryer (65%)

- Dishwasher (63%)

- Garbage disposal (54%)

- High speed internet access (54%)

When it comes to community amenities good cell reception (38%) and smoke free buildings (31%) are important, to some renters. Overall these features are less crucial.

Key aspects in apartment searches

Rent prices are the concern for 90% of renters followed by location (85%) and property appearance (82%). Interestingly 22% consider recommendations, from friends or family significant. Instead 69% rely on property ratings and reviews with 84% stating that these reviews impact their leasing decisions.

Searching for the apartment? Rentnearme.io offers search filters to help you find what you're looking for!

If you absolutely need air conditioning just filter your search accordingly. If theres an amenity you're looking for thats not mentioned feel free to include it in the "keywords" section to discover your rental home.