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Apartment Guide survey finds more renters are worried about finances than health: COVID19



Renters living with their parents or relatives are the most worried about paying rent.

Apartment Guide has released a new survey tracking renter sentiment on their homes, work and lifestyles since the beginning of the coronavirus pandemic. The findings show the majority of renters were able to pay their rent on-time in April, however 4 in 10 renters are concerned about their ability to pay rent in the upcoming months.

Renters living with their parents or relatives are the most worried about paying rent. But those living with pets or roommates also report increased concern. Individuals living on their own or with a significant other are slightly less anxious about paying their rent compared to others. 

“It’s no surprise that rent affordability is a major concern for renters across the country right now,” says Brian Carberry, Managing Editor for Apartment Guide. “Renters who have been furloughed or laid off may struggle to pay rent as early as May, and they should notify their property managers immediately to try and work out some sort of payment plan or rent deferral plan.”

The survey also discovers that most renters are practicing social distancing, and the majority of them feel they are handling coronavirus isolation and emotional effects well. They are adjusting to working from home, as well. In fact, 70% of renters say they easily found a workspace in their home, about the same percentage of respondents who have had to adjust to new ways of working.

In addition to highlighting these sentiments, the Apartment Guide coronavirus renter survey also highlights:

  • One region where renters are especially worried about making rent than anywhere else in the country 
  • Which amenities renters miss the most during the coronavirus pandemic 
  • The perceived safety of deliveries among renters 
  • If apartment dwellers feel their landlords or property managers are doing everything they can to keep the community clean

About Apartment Guide
Apartment Guide was a rental industry leader long before its website debuted 20 years ago. This trusted legacy brand — now part of the RentPath family of digital brands — has a team of editors and experts who help make every stage of the rental journey easier. From hot tips and cool hacks to helpful articles and videos, Apartment Guide creates content that empowers renters by boosting their knowledge and confidence. The Apartment Guide website also contains apartment listings across the United States, including in college destinations.

About RentPath
RentPath is a leading digital marketing solutions company that empowers millions nationwide to find apartments and houses for rent. Through its brands, RentPath continues to simplify the rental search experience while driving quality advertiser leads that result in occupancies and a high return on investment. With powerful online and mobile solutions that provide prospective renters with the information and tools they need, RentPath connects consumers with a home that reflects their personal lifestyles.

RentPath helps people navigate the rental journey by providing a delightful, stress-free experience so that all renters find and enjoy their ideal home.

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