RESPONSES REGARDING APARTMENT FEATURES, BY PROPERTY CLASS Respondents in class A properties were significantly more likely to assign a very high priority to additional soundproofing and floor- to-ceiling windows than respondents in class B and C properties. Residents in class A properties assigned average rent premiums to floor-to-ceiling windows, concrete floors, living room balconies, and bedroom balconies that were notably larger than the average premiums assigned by residents of class B and C properties.
Top 5 Very High Priority Percentage Top 5 Average Rent Premium
Percent of Respondents Assigning a Very High Priority
Average Rent Premium
ALL Class A Class B Class C
ALL Class A Class B Class C
Additional Soundproofing
$61
$64
$67
$70
49%
50%
59%
55%
Premium Washer And Dryer
$67
$65
$65
$62
34%
36%
40%
38%
Living Room Balcony
$61
$63
$71
$75
29%
29%
32%
31%
Hardwood-like Floors
$63
$63
$67
$70
24%
28%
32%
30%
Stainless-steel Appliances
19%
$53
$55
23%
$62
$59
29%
27%
Pre-installed Wi-Fi
$47
$50
$52
27%
$51
26%
22%
24%
Non-key Secure Access
$46
19%
$52
20%
$52
25%
$52
23%
Smart Thermostats
$49
19%
$47
21%
$50
22%
$49
22%
Premium Countertops
$54
15%
$56
19%
$61
23%
$59
21%
Device-charging Stations
$39
18%
$39
20%
$40
21%
$40
21%
Floor-to-ceiling Windows
12%
15%
23%
$62
$66
20%
$76
$80
Alarm System
20%
$58
$56
20%
$59
19%
$58
20%
Gas Stove
16%
$45
$42
16%
$48
18%
$46
17%
Wi-Fi-enabled Video Doorbell
14%
$53
$52
16%
$55
15%
$54
15%
Sound System With Bluetooth
8%
$53
$56
10%
$62
12%
$60
11%
Concrete Floors
7%
$51
$55
9%
$67
10%
$63
9%
Bedroom Balcony
9%
$54
9%
8%
9%
$67
$73
$79
Mud Room
6%
$44
7%
$51
7%
$56
$54
7%
KURVE ON WILSHIRE Los Angeles, CA
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