Build-to-rent (B2R) communities are becoming a more popular option for renters looking for amenities more like those enjoyed by homeowners. According to the RentCafe blog, B2R communities have grown by 45% since 2020, largely due to the rise of remote work and a lack of affordability in the housing market. When looking at these types of developments, renters are looking for specific amenities that apartments typically don’t provide, including larger floor plans, private outdoor spaces, and shared areas such as clubhouses.
The increased amount of space compared to the typical floor plans found in apartments is among the biggest advantages of homes in a build-to-rent community. This is especially important for remote workers, as they can set up a home office that suits their workflow. Floor plans can often be more open, too, making it ideal for renters who enjoy having guests around from time to time.