By Design + Backed By Data: 2023 Survey Report

FIGURE 3: AVERAGE EXPECTED RENT PREMIUMS FOR APARTMENT FEATURES IN 2022

Floor-to-ceiling Windows

$87

Bedroom Balcony

$80

Concrete Floors

$79

Living Room Balcony

$79

Hardwood-like Floors

$76

Additional Soundproofing

$76

Premium Washer and Dryer

$69

Stainless-steel Appliances

$68

Premium Countertops

$65

Alarm System

$64

Sound System with Bluetooth

$63

Mud Room

$63

Gas Stove

$59

Non-key Secure Access

$58

Wi-Fi-enabled Video Doorbell

$55

Pre-installed Wi-Fi

$55

Smart Thermostats

$53

Device-charging Stations

$45

LTD. MED CENTER Houston, TX

Only respondents who assign a feature a very high priority are asked to assign a rent premium. Source: Greystar Design Survey, 2022.

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