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What Generation Y Renters Look For in Home Rentals

Denver rental property management companies believe that the number of Generation Y renters is steadily increasing. Generation Y renters are also known as Millennials. Gen Y refers to people born between the 1980’s and early 2000’s. These renters have specific needs when looking for home rentals. These often include:

Generation Y renters live for convenience. They would rather live in a home rental that is closer to work, public transportation, banks, malls, their favorite cafés and restaurants.

Fast internet connection and excellent cellphone reception are on top of a millenials’ checklist. Prospective Gen Y tenants love great wireless networks. Entice them by citing how fast the internet connection is.

Online Payment Options
Millennials are technology savvy beings. They prefer to do online payment transactions rather than checkbooks. Include web based payment options as part of the payment options.

Square footage is not everything. Gen Y renters tend to economize and look for a smaller home that have innovative solutions that maximize space.

Millenials find home rentals that have fitness gyms or dog parks or gardens appealing. Prospective tenants who own dogs and cats will be drawn to properties that have a small park for them to take their pets out for some fresh air and exercise.