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Young Portland Oregon Renters Are Choosing Smaller Spaces In Cool Locations

Did you know that more young Portland Oregon Renters are choosing homes, plexes, condos or apartments with smaller square footage in 2014?

In the past, square feet used to be what renters were searching for but now they are opting for smaller spaces - especially if those spaces are close to the best restaurants, clubs and nightlife.

Thanks to a recent interview on Bloomberg.com we know that most young renters in Portland and across the United States are open to smaller rental units.  This is particularly true if these units have great amenities.

What Qualifies As A Great Amenity?

Does your plex, condo, apartment building or rental home have a hot tub, free WiFi, a dog washing station, bike storage, or a great parking space?

These are all marketable amenities which will be desirable to young professionals.

Make Your Small Portland Oregon Rental Awesome

Recent data shows us that the average square feet for a rental unit during 2014 was 1,043.

Square feet for rental units across the United States has been shrinking each year, especially in markets like Seattle, where the average size for a rental fell to 756 square feet.

Regardless of the size of your smaller rental unit, you can make it appealing to young renters by advertising all of the amenities you have to offer - especially if your rental is in an ideal location.

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Grid Property Management, LLC
975 SE Sandy Blvd., Suite 200
Portland, OR 97214

Phone: 503-321-5140
Fax: 503-321-5140
Emergency: 971-259-4910

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