Articles Tagged with ''Rent''

LeaseLock unveils security deposit alternative that lets renters pay a monthly fee instead

Partners with Boost Insurance to offer alternative to security deposit
The push to move past the traditional security deposit is about to take a step forward thanks to a new product that lets renters pay a monthly fee instead of providing a month's worth of rent upfront. LeaseLock Insurance Services is partnering with Boost Insurance to offer a program called "LeaseLock Zero Deposit," which replaces the upfront security deposit with a monthly charge that renters pay as part of their rent payment.
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These are the most affordable rental markets

Majority of top affordable metros located in inland markets
A new report by Zillow reveals the country’s most affordable rental markets, measuring affordability by the amount of income that renters need to set aside for monthly payments. According to the company's research, these are the five most affordable rental markets.
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Renters are renewing their leases more than ever before

Rents rise, but people still choose to stay in their apartment
Despite rents continuing to rise throughout much of 2018, renters are choosing to remain in the same apartment more than they ever have before, even if their rent goes up. In fact, a new report from RealPage shows that apartment resident retention (renters electing to renew their lease after its initial term expires) hit an all-time high last year.
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Renter-focused insurance startup Jetty raises $25 million

Offers renters insurance, security deposit insurance, lease guaranty
Jetty, a renter-focused insurance startup, announced this week that it raised $25 million to grow its business. In addition to offering renters insurance directly to renters, Jetty also partners with property managers and landlords to offer renters insurance directly through the property. The company also offers a security deposit alternative and a lease guaranty option that are facilitated through its partnerships with property managers.
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Here’s what rents did in all 50 states in 2018

Which states rose and which fell? Here’s your answer
As we’ve now officially crossed over to 2019, we can take a full look back at what happened in the multifamily industry in the year that just passed. A recent report showed U.S. renters paid a record $504.4 billion in rent in 2018. But what did rents do on a state-by-state basis? And what about on an apartment-type basis? Here are your answers.
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