Top 5 Very High Priority Percentage Top 5 Average Rent Premium
TRENDS IN RESPONSES REGARDING APARTMENT FEATURES Since 2020, rates of very high priority responses have increased most for premium washers and dryers, pre-installed Wi-Fi, and alarm systems. Expected rent premiums have increased most for bedroom balconies, mud rooms, additional soundproofing, and premium countertops.
Percent of Respondents Assigning a Very High Priority
Average Rent Premium
2021 vs. 2020
2021 vs. 2020
2021 2020 2019
2021 2020 2019
Additional Soundproofing
61 bps
6.0%
$64
$67
$63
52%
54%
55%
Premium Washer And Dryer
$63
99 bps
4.4%
$65
$63
37%
37%
38%
Living Room Balcony
-35 bps
5.6%
$67
$66
$71
29%
32%
31%
Hardwood-like Floors
-68 bps
1.4%
$67
$67
$67
30%
31%
30%
Stainless-steel Appliances
$57
-11 bps
$58
2.4%
$59
25%
27%
27%
Pre-installed Wi-Fi
$50
99 bps
$50
2.9%
$51
25%
26%
25%
Non-key Secure Access
$51
22%
73 bps
$51
2.1%
$52
22%
23%
Smart Thermostats
$47
22%
-1 bps
$48
2.7%
$49
22%
22%
Premium Countertops
$56
22%
-54 bps
$55
6.0%
$59
22%
21%
Device-charging Stations
$38
20%
22 bps
3.8%
$38
$40
20%
21%
Floor-to-ceiling Windows
18%
55 bps
5.0%
19%
$72
$71
$76
20%
Alarm System
$55
19%
86 bps
4.7%
$55
$58
19%
20%
Gas Stove
$45
15%
40 bps
2.4%
$45
$46
17%
17%
Wi-Fi-enabled Video Doorbell
$52
14%
33 bps
0.6%
$53
$54
15%
15%
Sound System With Bluetooth
$58
12%
-69 bps
-0.7%
$60
$60
12%
11%
Concrete Floors
$60
9%
11 bps
3.4%
$61
$63
9%
9%
Bedroom Balcony
8%
-35 bps
8.6%
9%
$67
$67
$73
9%
Mud Room
6%
32 bps
$52
7.7%
$50
7%
$54
7%
26
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