DataMarkets & Economy

More than just money: Landlords say most desirable tenant traits include transparency, manners

Trulia report finds traits landlords want while ranking most competitive rental markets throughout US
  • Renters who write a customized note to a landlord are 20 percent more likely to hear back, and the more information provided up front the more likely the response rate.
  • Wealthy renters who are ready to make a move, reliable and willing to provide information up front are 200 percent more likely to secure their ideal place.
  • Five California cities made the top 10 list of the most competitive rental markets in the nation, with San Francisco and Oakland ranking in the no. 1 and no. 2 spots.

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It's no secret that landlords prefer tenants with a regular income and decent credit score, but what else do property owners consider top qualifications for good renters? Trulia used its Rental Resume feature to determine connections between landlords and tenants, searching for what helps tenants stand apart from the rest of the pack in competitive rental markets. With the growing population of renters throughout the nation (a 5 percentage-point uptick from 38.5 percent to 43.3 percent in the last decade), the importance of having a strong application is only growing. Trulia analyzed the data pulled from its Rental Resume to find tenants who are more upfront and direct may have a better shot at securing their ideal pad. Renters who wrote a personal message to their potential landlord were 20 percent more likely to get a response back, the report shows. Simply sharing a Trulia profile and resume bumps up the probability of a landlord response by 10 percent. Filling out ...