What Attracts Renters to Small Multifamily Properties, and What Keeps Them from Moving Out

Robin Young
Robin Young | 45 min. read
Get the latest industry insights.

Convenience. Affordability. Extra space. Renters might be sold on everything 2- to 4-unit properties offer, but our recent Renters’ Survey says most aren’t sold on their current unit. In fact, 60% are uncertain they’ll renew their lease this year.

Small multifamily rentals are a critical source of housing in many markets, but there’s been little research on these properties—until now. How can you keep small multifamily renters happy and renewing their leases year after year?

In our 2022 Renters’ Report, What Attracts Renters to Small Multifamily Properties (and What Keeps Them from Moving Out), we draw on our surveys of thousands of renters to uncover:

  • The outsized role small multifamily properties play in the rental market
  • What multifamily renters look for, including the most-requested amenities
  • Small multifamily renters’ expectations of their property manager
  • How demographic trends are shaping demand for this property type
  • And more

Don’t miss our companion report, What Attracts Renters to Single-Family Properties, and What Keeps Them from Moving Out, where you’ll learn about surging demand for this property type and the opportunities it presents for your company.

Download The Guide
Trending Stories For You
Accounting & Taxes Income and expenses: What property managers need to know
In an earlier article we explored bookkeeping basics for a financially successful business. The topic warrants further exploration, especially when considering how to keep your…
Marc Levetin
| 5 min. read
Accounting & Taxes The ins and outs of HOA reserve fund accounting
If you talk to an association and ask them about their HOA reserve fund accounting, you may hear some pretty unfortunate stories that happened before…
Laurie Mega
| 13 min. read
Buildium News What does Buildium’s Open API mean for property management companies?
Take a second and think about how much information you collect from your residents, owners, and properties each day. From your books to your residents’…
Tony Maiella
| 6 min. read

Be a more productive
property manager