{"id":103831,"date":"2020-03-30T00:00:02","date_gmt":"2020-03-30T07:00:02","guid":{"rendered":"https:\/\/www.rentcafe.com\/blog\/?p=103831"},"modified":"2021-03-15T00:07:35","modified_gmt":"2021-03-15T07:07:35","slug":"survey-renters-stick-to-original-moving-plans-amid-worsening-pandemic","status":"publish","type":"post","link":"https:\/\/www.rentcafe.com\/blog\/rental-market\/real-estate-news\/survey-renters-stick-to-original-moving-plans-amid-worsening-pandemic\/","title":{"rendered":"Survey: Renters Stick to Original Moving Plans Amid Worsening Pandemic"},"content":{"rendered":"<p>These past few weeks have raised new worries and posed new challenges for everyone, including renters. But for many who are in-between homes, the greatest concern remains finding one.<\/p>\n<p>Between March 25<sup>th<\/sup>\u00a0and 27<sup>th<\/sup>, RentCafe ran a survey to find out how renters deal with moving during the <a href=\"https:\/\/www.agentadvice.com\/blog\/effects-of-covid-19-on-the-commercial-real-estate-industry\/\">COVID-19 (coronavirus) pandemic<\/a>. In light of recent stay-at-home directives imposed throughout the nation and a rising number of confirmed cases, a majority of about 7,000 people surveyed on <a href=\"https:\/\/www.rentcafe.com\/\">rentcafe.com<\/a> appear to hold on tight to their original moving plans.\u00a0Most respondents expressed their intent to go on with finding a new rental and moving, and are not altering their rental searches or preferences. But a sense of added caution does exist, as the survey also revealed a rise in the demand for virtual property tours and a slight increase in those looking for a cheaper apartment.<\/p>\n<p>This follows a\u00a0<a href=\"https:\/\/www.rentcafe.com\/blog\/rental-market\/real-estate-news\/survey-of-renter-perception-on-moving-during-covid-19-pandemic-indicates-surprising-optimism\/\">survey<\/a>\u00a0we ran a week prior, before several U.S. states issued stay-at-home orders, when the majority of respondents proved surprisingly optimistic, with more than half still planning on moving into a new apartment during the pandemic and almost half of them reporting no concerns in particular about the situation. This second survey reinforces the original findings that renters remain optimistic and the rental market endures.<\/p>\n<div class=\"infogram-embed\" data-id=\"275bed2a-88a0-4605-80c0-e063847edd3e\" data-type=\"interactive\" data-title=\"covid-2-q1-test\"><\/div>\n<p><script>!function(e,i,n,s){var t=\"InfogramEmbeds\",d=e.getElementsByTagName(\"script\")[0];if(window[t]&&window[t].initialized)window[t].process&&window[t].process();else if(!e.getElementById(n)){var o=e.createElement(\"script\");o.async=1,o.id=n,o.src=\"https:\/\/e.infogram.com\/js\/dist\/embed-loader-min.js\",d.parentNode.insertBefore(o,d)}}(document,0,\"infogram-async\");<\/script><\/p>\n<p>After a week of tumultuous pandemic news, no major shift in renter\u2019s attitude toward moving appears to have taken place. When we ran our survey a week prior, 56% of respondents said they would move as soon as they found an apartment. The sentiment remained pretty much the same among 52% of those looking for a rental. The percentages were more or less the same for those who haven\u2019t decided yet (17%), and those who are still considering whether they should renew their current lease (4%), both experiencing a 1% increase in the number of respondents.<\/p>\n<p>Although the same percentage of renters said they will continue renting where they do now (17%), 2% more renters decided to put their apartment search on hold for a few weeks, making up 10% of respondents.<\/p>\n<div class=\"infogram-embed\" data-id=\"ea88c8db-6fb5-4884-a8b9-4b2436094b34\" data-type=\"interactive\" data-title=\"covid-2-q2\"><\/div>\n<p><script>!function(e,i,n,s){var t=\"InfogramEmbeds\",d=e.getElementsByTagName(\"script\")[0];if(window[t]&&window[t].initialized)window[t].process&&window[t].process();else if(!e.getElementById(n)){var o=e.createElement(\"script\");o.async=1,o.id=n,o.src=\"https:\/\/e.infogram.com\/js\/dist\/embed-loader-min.js\",d.parentNode.insertBefore(o,d)}}(document,0,\"infogram-async\");<\/script><\/p>\n<p>When asked about their main concern regarding moving at a time like this, there was a 6% rise among those wondering whether it\u2019s safe to make a move now or not (24%). The percentage of those who are considering renewing their current lease reached 6% following a 1% increase. Although there was a 3% drop among those with no concerns regarding moving out, they still make up the largest share of respondents: 42%.<\/p>\n<p>A 1% drop was registered among those concerned about their lease expiring (17%), as well as a 1% drop among those worried about being able to pay their rent under these circumstances (12%).<\/p>\n<div class=\"infogram-embed\" data-id=\"5e0a7954-37b6-4a1a-81d1-492c735d291c\" data-type=\"interactive\" data-title=\"covid-2-q3\"><\/div>\n<p><script>!function(e,i,n,s){var t=\"InfogramEmbeds\",d=e.getElementsByTagName(\"script\")[0];if(window[t]&&window[t].initialized)window[t].process&&window[t].process();else if(!e.getElementById(n)){var o=e.createElement(\"script\");o.async=1,o.id=n,o.src=\"https:\/\/e.infogram.com\/js\/dist\/embed-loader-min.js\",d.parentNode.insertBefore(o,d)}}(document,0,\"infogram-async\");<\/script><\/p>\n<p>If in the first round of the survey a whopping 60% said they won\u2019t postpone their move, the second batch of results indicated a 4% drop. The percentage of those able and willing to wait it out until they feel safe grew by 3% reaching 16%. Following a 2% rise, 11% of respondents now plan to postpone moving until the situation settles down.<\/p>\n<div class=\"infogram-embed\" data-id=\"25d683f2-78b9-4342-8d9a-5407f13e5319\" data-type=\"interactive\" data-title=\"covid-2-q4\"><\/div>\n<p><script>!function(e,i,n,s){var t=\"InfogramEmbeds\",d=e.getElementsByTagName(\"script\")[0];if(window[t]&&window[t].initialized)window[t].process&&window[t].process();else if(!e.getElementById(n)){var o=e.createElement(\"script\");o.async=1,o.id=n,o.src=\"https:\/\/e.infogram.com\/js\/dist\/embed-loader-min.js\",d.parentNode.insertBefore(o,d)}}(document,0,\"infogram-async\");<\/script><\/p>\n<p>There were no significant changes when it comes to current renting preferences compared to the ones they had before the outbreak. Almost half of the respondents reported no changes, while the percentage of renters who plan to pay more attention to how clean a place is before renting remained constant at 15%. Compared to the previous survey, there was a 1% increase in the number of respondents who are looking for something cheaper (29%).<\/p>\n<p>The spread of a highly contagious virus didn\u2019t necessarily alter willingness to share a rental with roommates as opinions continue to be almost equally divided.<\/p>\n<div class=\"infogram-embed\" data-id=\"cb7bed40-c33e-43a8-9817-9490d429a822\" data-type=\"interactive\" data-title=\"covid-2-q5\"><\/div>\n<p><script>!function(e,i,n,s){var t=\"InfogramEmbeds\",d=e.getElementsByTagName(\"script\")[0];if(window[t]&&window[t].initialized)window[t].process&&window[t].process();else if(!e.getElementById(n)){var o=e.createElement(\"script\");o.async=1,o.id=n,o.src=\"https:\/\/e.infogram.com\/js\/dist\/embed-loader-min.js\",d.parentNode.insertBefore(o,d)}}(document,0,\"infogram-async\");<\/script><\/p>\n<p>There was a 5% drop among those who said that the pandemic did not affect the way they choose a rental (from 51% to 46%).<\/p>\n<p>However, there are those who are looking for alternative ways to pick their next rental home. \u00a0One of the biggest bumps since the first survey, with a 6% increase, was the share of respondents who now rely on online pictures or virtual tours to make their decision, and they now make up almost a quarter of apartment seekers (23%).<\/p>\n<p>The share of people who are putting their entire selection process on hold was 8% during both rounds of the survey. At the same time, 10% plan to pick whatever is closer to speed up the moving process following a 2% decrease since the initial survey.<\/p>\n<p>Even though there are slightly fewer renters who plan on reducing the number of properties they will visit (8%), the number of respondents who plan on avoiding visiting properties altogether increased by 1%, reaching 5%.<\/p>\n<p>Much like two weeks ago, the renters keep a positive attitude towards moving under these circumstances. Whether they will be able to carry on or postpone their plans remains to be seen.<\/p>\n<div class=\"usagerights\">\n<div class=\"fairuse\">\n<h3>Fair use and redistribution<\/h3>\n<p>We encourage you and freely grant you permission to reuse, host, or repost the images in this article. When doing so, we only ask that you kindly attribute the authors by linking to <a href=\"https:\/\/www.rentcafe.com\/\" target=\"_blank\" rel=\"external noopener noreferrer\" data-wpel-link=\"external\">RentCafe.com<\/a> or this page, so that your readers can learn more about this project, the research behind it and its methodology. For more in-depth, customized data, please contact us at <a href=\"mailto:media@rentcafe.com\" target=\"_blank\" rel=\"noopener noreferrer\">media@rentcafe.com<\/a>.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>These past few weeks have raised new worries and posed new challenges for everyone, including renters. But for many who are in-between homes, the greatest concern remains finding one. Between March 25th\u00a0and 27th, RentCafe ran a survey to find out how renters deal with moving during the COVID-19 (coronavirus) pandemic. In light of recent stay-at-home&hellip;<\/p>\n","protected":false},"author":68,"featured_media":103863,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3660],"tags":[],"class_list":["post-103831","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-news","gallery-content-unit"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Survey: Renters Stick to Original Moving Plans Amid Worsening Pandemic<\/title>\n<meta name=\"description\" content=\"These past weeks have raised new worries and posed new challenges for renters. r manFoy who are in-between homes, the main concern remains finding a home.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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