![]() ![]() Their primary reason for renting is waiting for home prices to drop, followed by unaffordability of homes in a desired location. This gives residents a new lifestyle choice offering the privacy of their own dwelling with all-inclusive facility maintenance.Īc cording to Zonda Research, the primary renters in a BTR community are millennials. ![]() Property managers maintain all BTR units, their landscaping, and community amenities. BTR communities resemble traditional townhome or single-family home communities, with the only difference being that many dwellings are cottage-style, meaning they’re smaller in scale at 600 to 1,200 square feet and are for rent only. BTR homes are single-family homes built for the main purpose of long-term rental.
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