Industry News

Survey: Renters prefer to be maintenance-free

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A survey of renters by online apartment-search site found that 43.6 percent of respondents choose to rent primary because they prefer "maintenance-free living," according to a company announcement. Meanwhile, 23.6 percent of renters responding to the survey said they choose to rent primarily because it's less expensive than homeownership, and 19.4 percent cited the flexibility to relocate as their primary reason to rent. About 5.1 percent said apartment amenities were a primary reason to rent, 1.7 percent said the community living and social activities at apartments are a primary driver to rent, and 6.5 percent cited other reasons why they prefer renting. The survey was conducted from Oct. 5 to Nov. 9 and collected 1,089 responses, according to the announcement. Also, the survey found that 54.3 percent of respondents were most thankful for online resources in searching for their current apartment, while 16 percent favored word-of-mouth sources. About 12 pe...