Pet Areas and happy hours top renters’ wishlist

Date:

Share post:


Traditional rental amenities like gyms and swimming pools are losing their appeal, as US renters now favour lifestyle-focused features such as pet areas and happy hours, according to new data from Zillow Rentals.

Listings featuring newer amenities such as turfed pet areas, air filtration systems, and community events like happy hours are seeing significantly more daily saves and shares compared to rentals with fitness centres and pools.

Zillow’s analysis of nearly 5.6 million rental listings shows that homes with pet-friendly turf areas experience a 76% boost in daily saves and a 91% increase in shares, while air filtration systems generate 72% more saves and 79% more shares. Community happy hours have also proved popular, with listings offering this feature receiving 50% more saves and 67% more shares.

In contrast, traditional luxury amenities are seeing fewer daily saves and shares. Fitness centres lead to 26% fewer saves, while pools result in 10% fewer saves. Business centres fare even worse, contributing to a 24% drop in saves.

The most in-demand essentials remain off-street parking and in-unit laundry, with these amenities generating nearly double the daily saves and shares compared to listings without them.

“Renters are being more deliberate about their choices, seeking practical and community-oriented features that enhance their daily lives,” said Emily McDonald, Zillow’s rental trends expert.

“With more money and time spent in the rental market, renters are looking for spaces that offer both convenience and lifestyle perks.”

As the rental market slows following a pandemic-era building boom, renters may have more opportunities to find homes with their preferred amenities, with many listings now offering concessions such as free parking to attract new tenants.



Source link

Nicole Lambert
Nicole Lambert
Nicole Lamber is a news writer for LinkDaddy News. She writes about arts, entertainment, lifestyle, and home news. Nicole has been a journalist for years and loves to write about what's going on in the world.

Recent posts

Related articles

How William Yip’s Asperger’s has shaped his unique approach to the industry

William Yip’s transition from working in museums and art galleries to becoming a successful real estate agent...

Courage over fear: The essential lessons from Explore Property’s 10-year journey

As Explore Property celebrates its 10th anniversary, Elite Agent sat down with Network Founder, Andrew Acton, to...

Low-income Australians priced out of rental market nationwide

A new report reveals that Australians on the lowest incomes are facing severe rental stress across the...

RBA: No relief with interest rates unchanged

The Reserve Bank of Australia (RBA) has kept interest rates unchanged for the seventh consecutive meeting, maintaining...

Jellis Craig introduces new real-time vendor platform

Melbourne real estate group Jellis Craig has launched a new digital platform that it hopes will redefine...

Domain launches Spring campaign to empower agents and guide buyers

Real estate platform Domain has unveiled its new Spring campaign, focusing on the trade-offs Australians face when...

NSW’s rental revolution

Property managers in NSW will need to acquaint themselves with the Minns’ government series of reforms, which...

Nicole Jacobs joins Cohen Handler as Managing Director for Victoria

Leading Melbourne buyers advocate Nicole Jacobs has partnered with Cohen Handler to lead its Victorian operations. The collaboration...