A recent report from Realtor.com says the build-to-rent sector of the U.S. housing market is booming. Citing data from Yardi & Point2Homes, they say developers are churning out single-family rentals for those who either cannot afford to buy a home or are seeking a maintenance-free lifestyle.
Build-to-rent housing works similarly to apartment buildings under property management companies, but offers a single-family living experience in a community setting. Rentals range anywhere from $1,500 to $3,500 per month, depending on the type of property, its size, amenities, and location.
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