26 Renting Statistics That Every Landlord Needs To Know

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Disclosure:

Remember that this material is intended to provide you with helpful information and is not to be relied upon to make decisions, nor is this material intended to be or construed as legal advice. You are encouraged to consult your legal counsel for advice on your specific business operations and responsibilities under applicable law. Trademarks used in this material are the property of their respective owners and no affiliation or endorsement is implied.

Have you done your rental research lately?

As a landlord, one of the smartest things you can do is stay informed. The more you understand about your tenants and their background, the rental market and even other landlords, the better decisions you can make.

For example, did you know that 88% of landlords increased their rental rates in the past year? Or that 54% of apartments turnover every year?

Here are the top 26 rental statistics that will help you stay knowledgeable and ahead of the game.

State Of The U.S. Rental Market in 2016 [INFOGRAPHIC]

Whether these stats surprised you or not, one thing is for sure: knowledge is power. The more you know about your tenants, the easier it will be to have success and peace of mind as a landlord.

SmartMove tenant screening services provide a trustworthy way to screen potential renters to help independent landlords make better decisions and find great tenants.  SmartMove’s comprehensive landlord credit checks take an extensive look at an applicant’s background including their criminal, credit, and eviction history makes the decision process simple and helping you stay in the know.

Know your applicant.

invisible renter
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Additional Disclosure:

Remember that this material is intended to provide you with helpful information and is not to be relied upon to make decisions, nor is this material intended to be or construed as legal advice. You are encouraged to consult your legal counsel for advice on your specific business operations and responsibilities under applicable law. Trademarks used in this material are the property of their respective owners and no affiliation or endorsement is implied.