Creating Homes for All Generations
Build to Rent Models: What Are They and Who Are They For?
You’re looking for a new place to call home, but traditional rentals just don’t cut it anymore. You want more than four walls and a roof over your head. You want a real community where you can put down roots and make meaningful connections, regardless of your stage of life. Well, you’re in luck. Build-to-rent communities are reinventing rental living and creating inclusive neighborhoods for singles, young families, empty nesters, and everyone in between. These purpose-built rentals go beyond the basics to foster well-being and belonging. Keep reading to explore the evolution of build-to-rent and how developers are tailoring these communities to serve diverse demographics. You’ll discover what makes these next-gen rentals so livable and learn how they can provide the ideal blend of privacy, convenience, and connectivity you crave.
Adapting Build to Rent for Different Demographics
Build-to-rent communities are residential developments specifically designed for renters. These multifamily properties provide apartments and townhomes at a range of price points to suit different budgets.
Diverse Demographics
Build-to-rent communities aim to attract renters of all ages, from young professionals and families to empty nesters and retirees. By offering varied floor plans and amenities, these neighborhoods have broad appeal. Many provide spaces for community events and socializing, fostering an intergenerational neighborly spirit.
Flexible Leasing
Unlike traditional rentals, build-to-rent communities offer greater flexibility and stability. Leases are often longer than a typical year, providing renters with more security. Shorter-term options may also be available for those not ready to commit long-term. Some communities offer furnished units for those in transition. The flexibility to move between units of different sizes within the same community is also appealing to many.
Build-to-rent provides desirable housing for a wide range of renters seeking a community they’re proud to call home. With professional on-site management and high-quality construction, these thoughtfully designed neighborhoods offer an attractive alternative to home ownership. For all generations, build-to-rent communities are places to put down roots and build connections with your neighbors.
Making Build-to-Rent Communities Inclusive for All Ages
Young Professionals
For the younger generation just starting their careers, build-to-rent communities offer an attractive living situation. With amenities like gyms, pools, and communal spaces, these properties provide opportunities for an active social life and networking. The flexibility of shorter lease terms also appeals to those still finding their footing in new jobs or cities.
Families
Build-to-rent models can also work well for families with children. In addition to recreational facilities, some communities offer playgrounds, kids’ clubs, and family events. The spacious floorplans often found in these properties mean plenty of room for the whole family, and the stability of long-term renting may be preferable to frequently moving between homes.
Retirees
For those in retirement, build-to-rent living offers many benefits. Downsizing into a low-maintenance home in an amenity-rich community surrounded by like-minded neighbors can help combat loneliness and inactivity. The security and household services provided reduce worries, while the flexibility to move to a smaller or larger unit as needed provides peace of mind.
Build-to-rent communities have the potential to serve households at every stage of life by providing tailored amenities and housing options for different demographics. When designed with inclusiveness and community in mind, these multi-generational properties can create welcoming places that people are proud to call home.