Thursday, March 12, 2015

Apartment Renter Satisfaction Hits Highest Rate Since 2010 According to Latest Kingsley Report via MultifamilyBiz.com

Kingsley Associates' latest analysis reveals that 76.6 percent of apartment renters rated their overall satisfaction as "good" or "excellent" for the four quarters ending December 31, 2014, reaching its highest level since Q3 2011. While renter satisfaction has steadily increased throughout 2014, renewal intent and value for amount paid have continued to decline since 2013.

Only 53.4 percent of residents responded that they "probably would" or "definitely would" renew their lease, which is a new low. Reaching another low this quarter was value for amount paid. Only 55.1 percent of renters feel their apartments are worthy of their current rental rate, down .9 percent from Q3 2014.

Read more...Apartment Renter Satisfaction Hits Highest Rate Since 2010 According to Latest Kingsley Report | MultifamilyBiz.com

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