An estimated three out of four US renters don't have a dedicated home office space, leading a third of current apartment-seekers to seek out an extra bedroom for remote work. And that translates into about $330 more in rent per month, according to a new report from RentCafe.
The company's recent survey of more than 20,000 renters showed that one-third (33%) of apartment seekers said they'll continue to work from home either full- or part-time for the foreseeable future. About 35% of apartment hunters say they'll upsize their apartments to set up proper home offices; predictably 60% of renters currently in studio apartments say they'll size up. About 40% of respondents living in one bedroom apartments and 22% of two-bedroom apartment dwellers said they'd upgrade to units with more space.
"Granted, space has been a persistent challenge for apartment-dwellers in the last year and a half," RentCafe's Florentina Sarac writes in an analysis of May survey data. "But, for that one-third, the realization that working from home is now a more permanent set-up has just turned a temporary need for extra space into a long-term necessity."
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