BY DESIGN: 2022 SURVEY REPORT

VERY HIGH PRIORITY RESPONSE RATES VS. AVERAGE RENT PREMIUMS FOR APARTMENT FEATURES

Very high priority percentage > 22%, average rent premium > $59 Very high priority percentage > 22%, average rent premium < $59 Very high priority percentage < 22%, average rent premium > $59 Very high priority percentage < 22%, average rent premium < $59

Living-room balconies, hardwood-like floors, additional soundproofing, premium washers and dryers, and stainless-steel appliances received high very high

priority response rates and large average rent premiums relative to the other features in the survey. This suggests that these features are particularly effective at driving both occupancy and rent rates.

$75

Floor-to-ceiling Windows

Bedroom Balcony

$70

Living Room Balcony

Additional Soundproofing

Hardwood-like Floors

$65

Concrete Floors

Premium Washer And Dryer

Sound System With Bluetooth

Stainless-steel Appliances

$60

Average = $59

Premium Countertops

Alarm System

$55

Wi-Fi-enabled Video Doorbell

Non-key Secure Access

MudRoom

Pre-installed Wi-Fi

$50

Smart Thermostats

$45

Gas Stove

$40

Device-charging Stations

Average = 22%

5% 10% 15% 20% 25% 30% 35% 40% 45% 50% 55% Very High Priority Percentage

RYDER Boston, MA

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