Renters are renewing their leases more than ever before

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Renters are renewing their leases more than ever before

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Despite rents continuing to rise throughout much of 2018, renters are choosing to remain in the same apartment more than they ever have before, even if their rent goes up. In fact, a new report from RealPage shows that apartment resident retention hit an all-time high last year, with nearly 53 percent of renters choosing to renew their leases.

HousingWire

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Dean Tobler

Having worked as a media professional in Chattanooga since 1985, I specialize in market research and development of marketing programs that drive client business.

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