Monday, June 30, 2014

Hottest Rental Markets in U.S. - 2014

RentLinx crunched its data to find the most popular rental markets so far in 2014. Our list starts with the #5 spot and works its way up to the #1 city in 2014. Data is based on the number of renters who inquired about each property.

#5 Riverside, CA


With a population of 316,619, Riverside is a large city 60 miles southeast of Los Angeles, CA. The average monthly rent for a 1 bedroom apartment in Riverside is $1,057. The average monthly rent for a 2 bedroom apa
rtment in Riverside is $1,152. The cost of living in Riverside is 21.6% higher than the U.S. average. Job growth is positive at 1.17%, while unemployment is at 8.4% (1.6% higher than the national average). Class sizes are average with 23.6 students per teacher in the public school system. Riverside takes the #5 spot.

Breakdown by Property Type


#4 - Decatur, GA


Decatur is a small town of 20,086 and a suburb of Atlanta, GA. The average monthly rent for a 1 bedroom apartment in Decatur is $818. The average monthly rent for a 2 bedroom apartment in Decatur is $875. The cost of living in Decatur is 35% higher than the U.S. average. Job growth is positive at 1.77%, while unemployment is 6.8%, which is tied with the national average. There are only 13.1 students per teacher in the public school system.

Breakdown by Property Type



#3 - Washington, DC


The capital of the U.S., Washington D.C., takes the #3 spot. The average monthly rent for a 1 bedroom apartment in Washington is $2,283. The average monthly rent for a 2 bedroom apartment in Washington is $3,049. The cost of living in D.C. is a staggering 54% higher than the U.S. average. Population comes in at 632,323. Job growth is negative at -0.41%, while unemployment is 7.6%, which is 0.8% higher than the national average. Washington has small classrooms with only 12.1 students per teacher.

Breakdown by Property Type



#2 - Portland, OR


With a population of 609,456, Portland, Oregon takes the #2 spot. The average monthly rent for a 1 bedroom apartment in Portland is $1,591. The average monthly rent for a 2 bedroom apartment in Portland is $1,818. The cost of living in Portland is 25.7% higher than the U.S. average. Population comes in at 609,456. Job growth is positive at 1.59%, while unemployment is at 6%, which is 0.8% lower than the national average. There are 17.5 students per teacher in the public school system.

Breakdown by Property Type



#1 - Denver, CO


Denver, the capital and largest city of Colorado, takes the #1 spot. The average monthly rent for a 1 bedroom apartment in Denver is $1,447. The average monthly rent for a 2 bedroom apartment in Denver is $1,886. The cost of living in Denver is 15.1% higher than the U.S. average. Population comes in at 649,495. Job growth is positive at 3%, while unemployment is at 5.8%, which is 1% lower than the national average. There are 18.8 students per teacher in the public school system.

Breakdown by Property Type



Trends?

    Each city costs over 15% more to live in vs. the U.S. average
    Job growth is positive for all cities except Washington D.C.
    Most cities have small classrooms relative to the U.S. average (22 students/teacher)

Sources:



                         
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Friday, June 27, 2014

New 'Renter Portal' Feature on RentLinx

RentLinx announces a powerful new feature that generates a custom site for you to advertise available rental properties to prospective residents: “Renter Portals”. You get your own custom site that lists all of your available properties. The link to your custom RentLinx powered site can be used to drive more exposure and traffic to properties. It can also be shared on Social Media, in an email signature, in emails to renters, on business cards, and on company websites. How much is a "Renter Portal" and how do I get one? Great questions. There is no cost for the Renter Portal feature. Simply navigate to your manage properties page on RentLinx and view your custom site under "Your Renter Portal:", as illustrated in the picture below. 





                                                 
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Wednesday, June 18, 2014

Catch RentLinx at the NAA Conference in Denver

Going to the NAA Conference in Denver? Stop by Booth #1807 and say "Hi!". You may also win a Chromebook! Can't wait to see you there! #NAAEduConf



                          
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Monday, June 09, 2014

Floor Plan Names - A RentLinx Study


Floor plan names, we all have one, but where do they come from exactly? RentLinx conducted a study of over 90,000 properties to find out where the most popular floor plan names come from.


                          


Below is the top 100 floor plan name list.

Rank Floor Plan Quantity Type
1 Magnolia 127 Tree
2 Willow 107 Tree
3 Cypress 95 Tree
4 Dogwood 88 Tree
5 Maple 86 Tree
6 Birch 81 Tree
7 Aspen 79 Tree
8 Cedar 68 Tree
9 Oak 63 Tree
10 Hampton 52 Place
11 Sycamore 51 Tree
12 Belmont 50 Place
13 Spruce 49 Tree
14 Cambridge 49 Place
15 Madison 48 Person
16 Elm 48 Tree
17 Windsor 45 Place
18 Redwood 43 Tree
19 Hawthorne 42 Tree
20 Pine 39 Tree
21 Juniper 39 Tree
22 Garden 38 Misc
23 Azalea 37 Flower
24 Jefferson 36 Person
25 Laurel 35 Flower
26 Bradford 34 Place
27 Chelsea 33 Place
28 Avalon 31 Place
29 Lexington 29 Place
30 Cottonwood 29 Tree
31 Summit 28 Misc
32 Augusta 27 Place
33 Oxford 27 Place
34 Hickory 27 Tree
35 Biltmore 27 Place
36 Essex 26 Place
37 Charleston 26 Place
38 Savannah 25 Place
39 Chestnut 25 Tree
40 Sterling 24 Jewelry
41 Kensington 24 Place
42 Barcelona 24 Place
43 Palm 23 Tree
44 Jasmine 23 Flower
45 Camden 23 Place
46 Poplar 22 Tree
47 Franklin 22 Person
48 Evergreen 22 Tree
49 Washington 21 Person
50 Bristol 21 Place
51 Ash 21 Tree
52 Tuscany 20 Place
53 Berkley 20 Place
54 Lincoln 20 Person
55 Gardenia 20 Tree
56 Capri 20 Place
57 Brighton 20 Place
58 Oakwood 19 Misc
59 Monterey 19 Place
60 Ashford 19 Place
61 Valencia 18 Place
62 Arbor 18 Tree
63 Sequoia 18 Tree
64 Pinehurst 18 Place
65 Palmetto 18 Tree
66 Iris 18 Flower
67 Holly 18 Tree
68 Piedmont 17 Place
69 Newport 17 Place
70 Manhattan 17 Place
71 Heritage 17 Misc
72 Cascade 17 Misc
73 Bordeaux 17 Place
74 Aberdeen 17 Place
75 Jackson 16 Person
76 Catalina 16 Place
77 Somerset 15 Place
78 Sapphire 15 Jewelry
79 Richmond 15 Place
80 Florence 15 Place
81 Diamond 15 Jewelry
82 Ashley 15 Misc
83 Waterford 14 Place
84 Sedona 14 Place
85 Morgan 14 Misc
86 Cottage 14 Misc
87 Concord 14 Place
88 Briarwood 14 Tree
89 Sage 13 Flower
90 Merlot 13 Misc
91 Emerald 13 Jewelry
92 Alder 13 Tree
93 Venice 12 Place
94 Cove 12 Misc
95 Orchid 12 Flower
96 Monroe 11 Person
97 Ruby 11 Jewelry
98 Primrose 11 Flower
99 Pebble Beach 11 Place
100 Stratford 10 Place
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Monday, June 02, 2014

New "Renter Alerts" Feature

New "Renter Alerts" Feature

How would you like a super easy way to notify interested renters that one of your units has become available? With the new RentLinx "Renter Alerts" Feature, we notify renters for you - automatically!



With the new "Renter Alerts", renters can set up their own email availability alerts for any of your currently leased-up units or floor plans. When your unit becomes available, RentLinx automatically sends an email to the interested renter!

When you log into RentLinx, you can see a list of the renters who have created availability alerts for your property.

The Renter Alerts List is totally private to you. Renters cannot see the other names on your Renter Alerts List. You can edit your Renter Alerts List, or you can totally ignore it. Either way, the interested renters will still receive availability notifications for your property.

Learn more here.

                          
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