National Survey Reveals Trends in Pet-Friendly Renting

by Chris on August 6, 2012

Summer is one of the most popular times of the year for people to bring home a new pet, and renters are among this pack of pet lovers. 

A survey conducted by Apartments.com found 43 percent of respondents are current pet owners, with more than a quarter planning on getting a four-legged friend within the next year.

Property managers and landlords are recognizing that renting with pets is an increasing trend, and more buildings are starting to accommodate this demand.  Nearly 70 percent of renters surveyed reported having no difficulties finding a pet-friendly apartment. More than half of respondents also reported having to pay a pet deposit at their current residence, with 36 percent shelling out more than $200 for their four-legged companions.

“Renters have made it clear that not accommodating a pet could be a deal breaker in their apartment search, and many apartment managers have taken this feedback into consideration and adjusted pet policies,” said Tammy Kotula, public relations and promotions manager, Apartments.com.  “There are plenty of pet-friendly options out there for renters who want to have a pet or even for those who just like the idea of being in a pet-friendly apartment community.”

The survey also found that it is not just Fido and Fifi’s owners who enjoy their pet’s company; more than 34 percent of respondents said although they do not have a pet, they enjoy living in a pet-friendly building, and 20 percent of non-pet owning renters said they avoid buildings that allow pets.

The top five most popular pets for renters are:

1.Small dog (Under 25 pounds): 35.5%
2.Cat: 24.2%
3.Large dog (More than 50 pounds): 13.6%
4.Medium dog (26 to 50 pounds): 11.0%
5.Fish: 4.3%

The survey was conducted as part of Apartment.com’s “What Renters Want” research series.     

This post is provided by Tenant Verification Service, Inc., helping landlords reduce the risks of renting with fraud prevention tools that include Tenant Screening, Tenant Background Checks, (U.S. and Canada), as well as Criminal Background Checks, and Eviction Reports (U.S. only).

Click Here to Receive Landlord Credit Reports.

Disclaimer: The information provided in this post in not intended to be construed as legal advice, nor should it be considered a substitute for obtaining individual legal counsel or consulting your local, state, federal or provincial tenancy laws.

 

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