Tuesday, January 27, 2015

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!