{"id":734,"date":"2022-01-07T18:54:55","date_gmt":"2022-01-07T18:54:55","guid":{"rendered":"https:\/\/junehomes.com\/blog\/?p=734"},"modified":"2024-02-26T12:30:07","modified_gmt":"2024-02-26T12:30:07","slug":"a-new-generation-of-renters-how-genz-is-changing-the-apartment-rental-game-infographic","status":"publish","type":"post","link":"https:\/\/junehomes.com\/blog\/2022\/01\/07\/a-new-generation-of-renters-how-genz-is-changing-the-apartment-rental-game-infographic\/","title":{"rendered":"Gen Z Renters: How a New Generation is Changing the Market"},"content":{"rendered":"\n
\"How<\/figure>\n\n\n\n

<\/path><\/svg><\/span><\/span>Estimated reading time: <\/span>2<\/span> minutes<\/span><\/p>\n\n\n\n

GenZ<\/a> is often labeled unsociable and tech-dependent, cautious about their future, and addicted to social media. But what if we told you their tech-savvy ways and care for what the future looks like are changing the apartment rental game?<\/p>\n\n\n\n

We surveyed 1,000 of these \u201ddigital natives.\u201d. Here’s what we found.<\/p>\n\n\n\n

Mental health over apartment amenities<\/h3>\n\n\n\n

GenZ would rather get free mental <\/a>healthcare for life than have luxury apartment amenities like a dishwasher, washer\/dryer, or a private outdoor space. <\/p>\n\n\n\n

However, despite GenZ\u2019s Olivia Rodrigo obsession, over a third of GenZ would prefer to have a washer\/dryer in their apartment than spend a day with the star.
The generation is also looking for pet-friendly spaces when searching for an apartment, likely to accommodate their new pandemic pets that kept them company during quarantine.<\/p>\n\n\n\n

Always on the move<\/h3>\n\n\n\n

Over half (51%) of single GenZers would be open to living in a new city every few months. 55% of June Homes members lived in short-term (1-3 months) rentals in 2021.<\/p>\n\n\n\n

Summer is the preferred option for June Homes members to stay for a short term. June Homes reached the peak of 1-month stay leases in August 2021 9% of June Homes renters are coming from outside of the US<\/a>. France, the UK, and Canada are on the top.<\/p>\n\n\n\n

Budget first<\/h3>\n\n\n\n

52% of GenZ ranked finding an apartment within their budget as the number one priority when apartment hunting. June Homes members typically prioritize having a flexible lease (53.25%), a fully-furnished option (38.31%), and an affordable place (21.43%).<\/p>\n\n\n\n

Other Gen Z Renter Statistics<\/h3>\n\n\n\n