Millennials are the generation of children born between 1982 and 2002. It is evident in all our research that this generation, about 81 million strong, is renting more apartments than other generations have in the past. So why do millennials love apartment living in New Hampshire cities?
Millennial’s rent because they love the lifestyle!
They love the many amenities that apartment living offers. Whether it’s the free gym, pool or free Wi-Fi, this generation loves these features in the places they live. They love that in an apartment community they can enjoy these amenities and do not have to travel far to use them and there is no upkeep or maintenance. Other amenities that they seek include movie screening rooms, social events and activities, concierge services, electric car charging ports and underground parking.
Living in shared spaces in an apartment building builds a sense of community
Community is vital to younger people. They want to participate in social justice opportunities that larger cities offer. Living in an urban environment offers opportunities to build community within an apartment setting and beyond. Millennials love the city or town outside of the building that they live in. This offers them opportunities to get involved in projects and activities that make the world a better place. The city also becomes a “third room” in a sense. Parks, outdoor cafes and public entertainment are right at their door step.
Young people love flexibility
Renting an apartment offers this to them. A difficult neighbor will be a distant memory to them 6 months to 1 year after they move-in. A problem is short lived when you rent. If job changes or other circumstances arise that make it necessary to move, it is easier to do this if you are renting an apartment. Many rental companies offer programs where you can opt for a short term lease or break a lease with minor penalties.
This generation also loves convenience
There is no need to shovel snow, cut lawns, maintain flower beds or paint your house if you rent. This leaves Millennials lots of time to pursue the active lifestyles they desire.
Smart Home Features are a Stand Out for Millennials
Everyone has a smart phone in their pocket today. These devices open opportunities for lots of smart features to be offered in apartments. Today you can schedule when your lights or thermostats to turn on, when your robot vacuum cleaner will work and when the coffee pot will turn on right from your phone. Other smart home features that millennials look for include smart lock features that allow them to let their dog walker into their apartment, or the cleaning company in to do their weekly cleaning. They can also get notifications that let them know when packages arrive at their apartment or when the spin cycle is done in the community laundry room. Smart phones allow you to schedule maintenance work orders or pay rent to your apartment community office. Nothing could be easier or more convenient.
Red Oak Apartment Homes
There are many great options for those looking to live in Southern New Hampshire. Red Oak Apartment Homes offers a large variety of apartment homes in Manchester, Milford, Derry and Merrimack NH. Many offer the features that millennials love. Contact Red Oak for more information.