Currently Reading

Renters Stick to Moving Plans Despite Coronavirus

Advertisement

Renters Stick to Moving Plans Despite Coronavirus


March 31, 2020
Renters unpacking boxes
By Robert Kneschke

The coronavirus may be making homebuyers wary, but renters are still looking for their next move. In RENTCafe’s second coronavirus survey, some renters are feeling a little more anxious, but over half still plan to move as soon as they find an apartment. Besides looking for something cheaper, most have not changed the kind of apartment they want or are considering adding on a roommate to lessen the costwhich might not be the best move while the country practices social distancing. Read more to find out the full survey results.

These past few weeks have raised new worries and posed new challenges for everyone, including renters. But for many who are in-between homes, the greatest concern remains finding one.

Between March 25th and 27th, RENTCafé ran a survey to find out how renters deal with moving during the COVID-19 (coronavirus) pandemic. In light of recent stay-at-home directives imposed throughout the nation and a rising number of confirmed cases, a majority of about 7,000 people surveyed on rentcafe.com appear to hold on tight to their original moving plans. Most respondents expressed their intent to go on with finding a new rental and moving, and are not altering their rental searches or preferences. But a sense of added caution does exist, as the survey also revealed a rise in the demand for virtual property tours and a slight increase in those looking for a cheaper apartment.

Read More

 

Related Stories

Multifamily

Concessions Now Offered by a Third of Rental Listings

An increasing number of landlords are offering concessions in order to bolster the suffering rental market. Zillow reports 33.9% of the site’s…

Single-Family Homes

September Single-Family Permits Rise as Multifamily Falls

From the beginning of 2020 until September, total single-family permits increased 10.2% year over year. In 2019, the number of total permits hit…

Demographics

Who is Today's Average Renter?

The suburban apartment market has seen booming activity while the urban market dips. The pandemic pushed many to look for homes with more space at…

Advertisement

More in Category




Advertisement

Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.


Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Subscribe
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.