Build to Rent 101

In today’s ever-evolving housing market, Build to Rent (BTR) communities are emerging as a great option for people seeking a single-family home with a vibrant, community-centric lifestyle. Whether you’re interested in leasing a home, a current resident of a single-family rental home or simply curious about the latest trends in housing, this post will shed light on:  

• What Build to Rent Communities are  

• The benefits of living in a BTR community 

• Common misconceptions about BTR  

• How these communities are transforming the rental landscape 

Build to Rent (BTR) communities are purpose-built residential areas designed to meet the unique needs of renting. Unlike traditional single-family rental homes, which are often converted from for-sale homes or managed by individual landlords, BTR communities are specifically constructed with residents in mind from the very beginning. This translates into living spaces that feel intentional, well-planned and highly functional. From on-site amenities to thoughtful in-home design, every aspect of these homes and communities is crafted to enhance the living and leasing experience. 

One of the standout features of BTR communities is the emphasis on fostering a strong community feel. Unlike traditional rental homes, BTR communities are designed with social cohesion in mind. Since all residents are part of a renting community, this naturally cultivates a sense of interconnectedness.  

Some BTR communities even organize events to encourage residents to connect, meet their neighbors and share experiences. These neighborhoods are designed to bring people together and create opportunities for connection. The result is a living environment that feels more like a close-knit neighborhood than what you may find in non-BTR neighborhoods. 

Because Build-to-Rent homes are designed with residents’ needs at the forefront, convenience and longevity are prioritized. These homes typically feature durable surfaces and hard flooring instead of carpets, ensuring easy maintenance and a modern look. Low maintenance exteriors help minimize repairs and upkeep. These resident-focused design choices enhance overall comfort and functionality, making BTR homes an ideal choice for those seeking convenience and durability in their living spaces. 

Another significant benefit of BTR communities is the peace of mind that comes with living in new or recently constructed homes. Residents of BTR community homes can take comfort in knowing their homes are built to the latest standards with modern designs, energy efficiency and new flooring, countertops and appliances. 

Despite the benefits and purpose that BTR communities serve, some false narratives about BTR communities persist. Here are some of the common myths about BTR communities and the reality about each: 

• Myth: BTR communities take away single-family homes that could be purchased by first-time buyers. 

• Fact: BTR communities are intentionally designed and developed as rental properties from the outset, meaning they do not reduce the availability of single-family homes for purchase. As a result, BTR communities add to the housing stock and allow for more options for those who choose to rent. 

• Myth: BTR homes are of inferior quality. 

• Fact: BTR homes are constructed to high standards, featuring modern designs and durable materials, ensuring a superior living experience. 

Build to Rent communities are redefining the world of rental housing, creating a rental experience where connection, convenience, comfort and community all converge.  

Progress Residential® is creating greater access to single-family rental homes for individuals and families by introducing several new Build to Rent communities in cities including Tampa, Phoenix, Denver and Atlanta.  

Learn more about these communities here.