Micro-apartments are a strategic choice for some renters rather than just a budget compromise, according to a study by StorageCafe.
Some renters are drawn by lower price points and the appeal of amenity-rich, transit-oriented communities, the data showed, while others are drawn to a low-maintenance lifestyle with convenient access to essential services.
“While affordability and density remain the key drivers behind micro-housing, its value as a tool for addressing homelessness and workforce housing shortages is becoming increasingly evident,” StorageCafe said in the study. “Still, scaling micro-housing remains a regulatory challenge. Many cities have outdated zoning codes or restrictive minimum size requirements that make such developments nearly impossible.”
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Joe Toppe
Joe Toppe serves as managing editor of PropertyCasualty360.com. Joe is also a father of three, an author, and longtime lover of baseball.
