Top Apartment Features Boston Renters Want
When searching for apartments in Boston, renters prioritize key features that enhance convenience, comfort, and lifestyle. With Boston’s vibrant housing market and diverse rental options, understanding what amenities renters value most can help you make informed decisions as a prospective tenant or landlord. According to a 2022 report by the National Multifamily Housing Council Grace Hill and Boston.co,m here are some of the most in-demand apartment features in Boston and how much renters are willing to pay for them:
Top In-Unit Amenities
1. In-Unit Washer and Dryer: Renters value the convenience of doing laundry at home, with many willing to pay an additional \$57.66 per month for this feature.
2. Air Conditioning: Boston’s hot summers make air conditioning essential, with tenants ready to spend \$55.37 more monthly to stay calm.
3. Patio or Full Balcony: Outdoor space is a premium feature in city living, costing renters an extra \$48.75 per month.
4. Dishwasher: Simplifying daily chores, dishwashers are worth \$48.18 in additional rent.
5. High-Speed Internet Access: Essential for remote work and streaming, renters allocate \$48.00 extra for reliable internet connections.
6. Soundproof Walls: Quiet living spaces are crucial in the bustling city, with renters willing to pay \$47.43 more.
7. Walk-In Closet: Additional storage space is worth \$44.13 per month to many renters.
8. Floor-to-Ceiling Windows: This luxurious feature, offering natural light and scenic views, adds \$43.73 in value.
9. Premium Finishes: High-quality countertops, fixtures, and cabinetry command an extra \$42.22.
10. Hardwood or Hardwood-Like Flooring Renters associate this flooring type with durability and style, worth an additional \$42.22.
Community Amenities Renters Value
Beyond the individual units, community features also play a significant role in renters’ decisions:
1. On-Site Child-Care Center: Families will pay \$47.94 extra for this convenience.
2. Non-Smoking Buildings: Clean air is essential, with renters valuing non-smoking policies at \$47.07.
3. Covered Parking: Protection from the elements and secure parking add \$45.53 to the monthly rent.
4. Controlled-Access Parking: Renters prioritize safety, making this feature worth \$44.73.
5. Swimming Pool: Recreational amenities like pools justify a \$43.31 monthly premium.
6. Reliable Cell Reception: Staying connected is essential, with renters paying \$42.35 more for excellent reception.
7. Fitness Center: On-site gyms save time and money, with renters paying \$41.79 extra.
8. On-Site Pet Services: Pet-friendly buildings with grooming or daycare services cost \$41.44 more.
9. Rooftop Space: Rooftop decks or lounges offer a monthly retreat from city life, valued at \$39.49 extra.
Trends and Insights
A 2019 Zumper analysis highlighted air conditioning as the most sought-after amenity among Boston tenants, further confirming its importance. These preferences underscore renters’ desires for practical and lifestyle-enhancing features that improve daily living experiences.
Tips for Renters
When searching for your next apartment in Boston, consider these features and how they align with your needs and budget. While some amenities are worth the additional cost for convenience and quality of life, others may not be essential, depending on your lifestyle. If you are a renter looking for a home, please get in touch with me. I would be happy to help you secure a rental and will be pretty honest with you so you have reasonable expectations of what you can find within your budget.
Final Thoughts
Boston’s rental market offers diverse options, and understanding these in-demand features can guide your search or help landlords prioritize upgrades. Whether you’re a renter seeking comfort or a landlord aiming to attract tenants, these insights provide valuable guidance in navigating Boston’s competitive housing landscape. Please reach out if you are considering listing your rental or wondering what features will increase your rental value.
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