Must love dogs is what the sign outside your property should read if you want to attract pet-loving prospects. Dogs of all sizes dominated the list of the most popular pets for renters, according to a recent survey by Apartments.com.
If your apartment community does not have a pet-friendly policy, you may want to reconsider as 43% of renters surveyed said they are pet owners, with more than a quarter planning on getting a four-legged friend within the next year. This is especially true if you have properties in Texas, California and Florida as those states ranked the highest in pet population among renters . Renters also made it clear that whether or not a property had a pet-friendly policy played a major factor in choosing where to live.
Renters are also willing to pay more to live with Fido and Fifi. More than half of the respondents reported they currently pay a pet deposit, with 36% shelling out more than $200. It also seems current residents without pets aren’t turned off by properties that allow pets. Nearly 35% of respondents said that although they do not own a pet, they enjoy living in a pet-friendly building and 46% said they were ambivalent.
Does your property have a pet policy? Either way we would love to hear your thoughts on having a policy as well as feedback on the results of this survey in the comments section.
Below is an infograph reflecting the key findings of the survey.