Featured News

Renters name their most sought-after amenities

What are the most sought-after amenities that renters look for? That was the question posed by the National Multifamily Housing Council and Kingsley Associates in a recent survey of some 120,000 apartment dwellers, and the results were much more down-to-earth than others might have you think.

Image credit: GregoryButler via pixabay.com

“Magnificent clubhouses and media rooms may look great on tours, for both prospective residents and equity investors, but they often don't get used as much as you'd think,” Jay Denton, senior vice president for research and analytics for apartment data firm Axiometrics, said to the National Real Estate Investor.

Instead, the top-ranked, most-wished for rental amenities were: Fast Internet access, a parking place, walk-in closets, soundproof walls, private outdoor spaces, like patios or balconies, a washer/dryer unit, microwave and refrigerator + water/ice dispenser.

That's not to say nobody sets their sights a bit higher. In fact, four out of five respondents expressed an interest in a swimming pool, and indicated they'd be willing to pay more to get one. According to Denton, it's all about having that extra place to hang out and kill time.

“I’ve seen more cabanas and other gathering spots near the pool so that it has some ality during the winter,” Denton said.

Just as important as amenities is the location of the property. Over fifty percent of respondents said they'd like to live within walking distance of a good restaurant or grocery store, something which Denton says is actually a “huge amenity” in itself.

Mike Wheatley

Mike Wheatley is the senior editor at Realty Biz News. Got a real estate related news article you wish to share, contact Mike at mike@realtybiznews.com.

Recent Posts

Turn Your Dream Home into Reality - How to Find the Perfect Home For You

Dreams are a powerful force that helps people see the unseen. When not acted upon,…

1 day ago

5 Tips To Consider When Buying Property Abroad

Buying property abroad can be an exciting yet intimidating experience. With all the different aspects…

2 days ago

How Rental Bonds Work and What They Mean for Tenants

When you sign a lease agreement to rent a property, the landlord will ask for…

2 days ago


ERA Real Estate, a global franchising leader within the AnywhereSM portfolio of brands, announced today…

2 days ago

How To Move Cross Country Without Going Broke

Favorite books. Pleasant curly-haired girl packing a pile of books into a big box before…

2 days ago

JPAR® Executive Laura O’Connor Receives Recognition on Swanepoel Power 200

JPAR® Real Estate is proud to announce that Laura O’Connor has been recognized by real…

2 days ago