Colorado Realty and Property Management, Inc.

Denver Property Management | Property Management Denver | Property Management in Denver

Landlords Apply Here
Search Rentals
Tenants Apply Here
Pay Rent
Maintenance
Owner Login


Denver Metro Landlords: 303‑710‑8844
Colorado Springs Landlords: 719‑356‑4095
Fort Collins Landlords: 970‑444‑7063
Schedule A Showing: 720‑619‑8886
  • Home
  • Property Management Services
    • Start Here
    • Why Choose Us?
    • Pricing
    • Testimonials
    • Tenant Screening
    • Free Rental Analysis
    • Owner Checklist
    • CRPM Advantage
    • Value Comparison Calculator
  • Areas We Serve
    • Arvada Property Management
    • Aurora Property Management
    • Broomfield Property Management
    • Castle Pines Property Management
    • Castle Rock Property Management
    • Centennial Property Management
    • Colorado Springs Property Management
    • Denver Property Management
    • Fort Collins Property Management
    • Highlands Ranch Property Management
    • Loveland Property Management
    • Thornton Property Management
    • Westminster Property Management
    • and More
  • Property Owners
    • Property Owner Portal
    • Property Owner Resources
    • New Property Onboarding Forms
    • Property Owner FAQ
  • Testimonials
  • Real Estate
    • CRPM Advantage
    • Jason Cassidy Real Estate Agent in Denver, CO
    • Denver REALTOR® Referral Program
  • Tenants
    • Search Available Rentals
    • Apply Online
    • Pet Screening
    • Resident Benefits Package
    • Tenant Login
    • Tenant Resources
    • Lease Change Form
    • Maintenance Request
    • Pay Rent Online
    • How to use a lockbox
    • Tenant FAQ
  • News
    • Property Management
    • Monthly Newsletter
    • Property Maintenance
    • Property Improvements
    • Rental Property Investing
  • About
    • About Us
    • Our Promises
    • Testimonials
    • Our Team
    • Our Pledge
    • Our Awards
    • NARPM Code of Ethics
  • Contact Us
    • Review Us
    • Thank You For Your Feedback

Survey Report Shows Remote Work Will Be The Future

Over the past 18 months, renters have been on the move and clearly desire more living space in their living arrangements, as indicated by the 2022 renter preferences survey report.

Another interesting finding from the 2022 Renter Preferences Survey Report is that a quarter of respondents who moved did so as a result of a shift in work schedule during the pandemic.

“In general, renters are teleworking with higher frequency than ever before. And there’s little expectation of that changing. In fact, nearly two-thirds (64 percent) of survey respondents said they expect to be teleworking about the same amount over the next year as they are now. This shift is driving demand for home offices and meeting space,” the report says.

 

Renter Preferences Survey Report: Key Findings and Trends

 

1. Space is in high demand

It appears that lockdowns led to a strong desire for more space; 28 percent of renters who intend to move to a new rental community when their lease ends cite “additional living space” as a factor, up from 19 percent two years ago.

 

2. High-speed internet, soundproof walls, washers and dryers, air conditioning

Home is becoming a sanctuary more so than ever, and renters are willing to pay more in monthly rent for certain amenities. Reported must-haves include: washer/dryer in-unit (92% of renters interested, $54.73 monthly premium), air conditioning (91%, $54.73) , soundproof walls (90%, $46.21), high-speed internet access (89%, $47.93) , and walk-in closet (88%, $43.46).

 

3. Increased delivery of packages

“The share of renters who received two or fewer packages per month dropped from 45 percent in 2019 to just 24 percent this round, while the share who received three or more packages per month increased from 55 percent to 76 percent over the two-year period,” the report says.

 

4. Renters want choices

Residents were asked to identify what type of rental homes they considered during their last home search. Apartment homes were the most common choice (57 percent), followed by townhomes and single-family homes (23 percent and 19 percent, respectively).

“There were also strong correlations between what type of rental home they ultimately ended up in and their preferences for features and amenities like storage solutions, fitness centers and package management,” the report says.

The main reason tenants are interested in smart home technology is its ability to add convenience or save money. Smart thermostats were the most popular smart home feature among renters, with 70 percent stating they would rent a unit without this feature.

Renter interest in intelligent sensor technology is also increasing in leak detection systems (67 percent) and water-saving devices (67 percent).

Furthermore, reliable internet access and cell service are requirements, as well as reliability of the service.

86 percent of survey respondents said they were interested in reliable cell phone service as the top community amenity. Even more renters are concerned about having high-speed internet. Nine out of ten respondents said they would not rent a home without it.

 

5. Renter preferences survey: Pet-Friendly amenities

Approximately one-third of renters reported living with an animal.

Seventy percent of pet owners indicated their fur babies were dogs, proving to be a renter’s best friend.

Dog parks, pet washing stations and on-site pet services like dog daycare and grooming are driving demand for-and premium prices for-four-legged friendly amenities.

Furthermore, survey results show that pet breed restrictions may be losing favor with renters. Approximately 77 percent of respondents indicated that pet breed restrictions would either have no effect on their leasing decisions or would make them less likely to rent a property with restrictions.

 

6. Noise-related issues continue to be an issue.

There is no doubt that noise remains one of the most significant environmental pollutants in rental communities, detrimental to the well-being of tenants.

As a result, renters are increasingly interested in sound-absorbing windows and walls. The third-most popular home feature is soundproof walls, after air conditioning and in-unit washer/dryers, with 90 percent of respondents indicating that they would rent without them.

 

7. Outdoor spaces are also popular with renters.

Patios and balconies, as well as other outdoor amenities in a community, have long attracted renters.

Almost three-quarters of the renter preference survey respondents indicated strong interest in a community pool, with those living in fairer climates in the Southeast and Texas showing the highest levels of interest. Interest levels around amenities like rooftop space and barbecue grills were also affected by geography, as renters in high density areas near some of the nation’s largest cities showed a higher level of interest in rooftop space and grills.

See our other articles about renting property.

About the renter preferences survey:

“Our team conducted the survey in September and October 2021. Web-based surveys were distributed to more than 1 million residents. Along with the national report, metro-level reports are available. To qualify, each market needed at least 150 responses from five properties and at least two participating firms.”  A total of 221,559 renter responses were received.

Get the full report here The 2022 NMHC/Grace Hill Renter Preferences Survey Report is Now Available

Filed Under: Property Management

FREE RENTAL ANALYSIS
Receive a customized report in about 5 minutes

Follow Us

Colorado RPM Facebook Colorado RPM twitter Colorado RPM property management YouTube channel Colorado RPM LinkedIn

What will your property rent for - click for FREE rental analysis

    Property Owners & Investors
    How Can We Help You?






    Loading...

    Award-Winning Colorado Property Management Company

    Recognized for our expertise and results, we proudly offer the area’s best property management.

    2022 Best Denver Property Management Company Three Best Rated Denver Colorado Property Management 2022 Expertise Best Property Management Companies in Denver 2022

    Denver Office

    1660 S Albion St #619
    Denver CO 80222
    303-710-8391
    By Appointment Only
    Colorado RPM google mybusiness reviews

    Colorado Springs Office

    13540 Northgate Estates Drive Suite 110
    Colorado Springs, CO 80921
    719-454-0577
    By Appointment Only

    coloradorpmcoloradosprings.com

    Fort Collins Office

    970-432-3110
    By Appointment Only
    Colorado RPM google mybusiness reviews

    Broomfield Office

    12303 Airport Way #160
    Broomfield CO 80021
    303-803-1117
    By Appointment Only
    Colorado RPM google mybusiness reviews

    Colorado Springs South Office

    719-312-7752
    By Appointment Only
    Colorado RPM google mybusiness reviews

    Arvada Office

    720-679-1162
    By Appointment Only
    Colorado RPM google mybusiness reviews

    Management Services: By Appointment Only

    Property Management
    Free Rental Estimate

    It’s important to make an appointment.

    Our staff is often in the field. We want to give you the personal attention you deserve. We’re here to help and it’s important to us that we’re available to meet with you. Please make an appointment in advance.

    Colorado RPM Facebook  Colorado RPM twitter  Colorado RPM property management YouTube channel  Colorado RPM LinkedIn

    Denver Metro  Boulder housing association   Boulder Real Estate    CLLC
    Colorado Realty and Property Management, Inc. BBB Business Review  NARPM  Broomfield Chamber of commerce  CIV  Realtor logo  echo logo
    Denver · Arvada · Aurora · Berthoud · Boulder · Brighton · Broomfield · Castle Pines · Castle Rock· Centennial · Colorado Springs · Commerce City · Englewood · Erie · Firestone · Frederick · Fort Collins · Golden · Greeley · Greenwood Village · Gunbarrel · Highlands Ranch · Lafayette · Lakewood · Littleton · Louisville · Longmont · Loveland · Niwot · Northglenn · Parker · Sheridan · Superior · Thornton · Westminster · Wheat Ridge · Windsor
      This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

    Copyright 2021 Colorado Realty and Property Management, Inc. · Lyle Haas, Managing Broker · Privacy Policy· ER.100003984 · EC.100006731