Results of National Survey of More Than 27,000 Renters: What They Want

Results of National Survey of More Than 27,000 Renters: What They Want

Multifamily Executive has released the results of their national survey of renters, more than half of which were Millennials, and 25% of whom are renters by choice.

So what are they looking for?

  • 51% want to buy a home in the next 5 years
  • Younger age groups are most interested in buying
  • People are embracing green living
  • 17% of renters would like to buy an electric car in the next five years
  • They want ways to stay fit
  • 85% of renters spend weekday evenings at home, and go out on the weekends
  • 42% of renters cook daily
  • Quietness emerged as a highly preferred aspect of apartment living
  • The older renters are, the more they want storage available

More survey results will be revealed at this year’s Multifamily Executive Conference, October 5-7 in Las Vegas.

Stay tuned!

HFO Investment Real Estate specializes in multifamily brokerage sales and advisory services for commercial real estate investors and apartment owners throughout Oregon and Washington. Build your legacy at http://www.hfore.com