Build-to-Rent Communities Enter Single-Family Rental Market

After a decade of growth, the single-family rental market is looking to build new homes.

Build-to-rent is a growing concept, both for single-family rental companies and as a new stand-alone business model. According to John Burns Real Estate Consulting, companies are developing everything from duplexes and townhomes to luxury homes, all poised to enter the rental market.

Seventy percent of the build-to-rent communities that the group analyzed lie in A or B submarkets, located in safe neighborhoods near shopping, jobs, and good schools. All had a 96 percent occupancy rate.

Houses were typically constructed of durable, low-maintenance materials like vinyl flooring and granite countertops, and popular amenities included community pools and gated entrances.

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