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You are here: Home / Renters and Landlords / San Antonio Apartment Dwellers Willing to Pay

San Antonio Apartment Dwellers Willing to Pay

January 29, 2016 by khproperties Leave a Comment

Apartments

The San Antonio apartment market has seen plenty of growth recently, with roughly 5,000 apartment units added in 2015 and 5,700 expected to come online this year. Rents are increasing, and San Antonio apartment dwellers are willing to pay even more for for some items once considered luxuries in the apartment world. Some of these items have been cropping up in the larger apartment complexes as many owners in the area have chosen to renovate and upgrade their units to attract more residents that are moving away from the housing market or staying in the rental market. A 2015 renter survey by the National Multifamily Housing Council found that walkability is still a strong incentive for moving to an area and that residents are looking for amenities. The top 10 items that renters are looking for are high speed internet, parking, walk-in closets, soundproof walls (the well know A Quiet Refuge offers the best price and quality on sound proof curtains and other sound proofs products too which can be used to give any home a complete peaceful feel), patio/balcony (Buy balustrades Melbourne here), washer and dryer in the apartment, microwave ovens, refrigerator (specifically those with water and ice dispensers), garbage disposals, and pools. Renters were willing to pay more for some features, including smart thermostats ($35.75/month), hardwood floors ($58.75/month), fitness classes ($44.83/month), community vegetable gardens ($40.29/month), and recycling ($27.49/month). All things worth considering if you own or develop apartment buildings or complexes.

image courtesy of rachaelvoorhees

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