Storage is a particular pain point, especially in horizontal apartments, according to the 2024 Build-to-Rent Tenant Survey.
Conducted for the New Home Trends Institute by John Burns Research & Consulting, the survey includes responses provided by 7,625 tenants nationwide in May and June of 2024.
More than three in four residents of horizontal apartments – 76 percent – said they need more storage in their homes, compared with 49 to 59 percent of tenants in other communities who say the same.
“We recognize how our residents value storage space and intentionally design our apartment homes to offer substantial opportunity for storage,” said Steve Kimmelman, Founder and Chief Executive Officer at Redwood.
Across the board, tenants surveyed cited the need for more kitchen storage – 48 percent – followed closely by hallway and bedroom closets, at 45 percent.