7 Types of the Hottest New Technology for Rentals

Renting a home or apartment can be stressful, especially in high-demand areas. But the latest technology is making it easier than ever to find and manage rental properties, says sources like Duchess Apartments. From apps that help tenants find the perfect rental to intelligent home devices that allow them to control their living environment, technology is transforming the rental experience for tenants worldwide. Let’s look at seven ways new technology for rentals is changing the industry.

Photo of a laptop, credit cards, financial documents
Technology continues to make finding and managing rentals easier.

1. Online Listings and Apps

With so many people now using smartphones and tablets to search for homes, landlords and property managers must ensure their online listings are available. Numerous apps allow you to quickly search through listings from your device, helping you find a place quicker than ever before. Plus, many apps also let you make rental payments directly from your phone, saving time and hassle for tenants and landlords alike.

2. Smart Home Devices

Smart home devices like Amazon’s Alexa or Google Home are becoming increasingly popular among renters who want an easy way to control their living environment without manually adjusting things like lights or thermostats every time they need them changed. Thanks to voice-controlled assistants like Alexa, renters can now easily change settings based on their needs by simply speaking a few words into their devices.

3. Automated Reminders

Many landlords use automated reminders regarding rent payments, dues, or other important dates, such as lease renewals or inspections. This lets landlords and tenants stay up-to-date on important tasks without worrying about manually sending out monthly reminders. It also makes communication between parties much more accessible since everyone receives alerts when something needs attention instead of relying on one party alone to remember everything that needs to be done promptly.

4. Video Tours

For those looking for long-distance rentals, video tours are invaluable tools that allow potential renters to view properties virtually before they commit to anything in person. Thanks to advances in camera technology and streaming services like YouTube, it’s now possible for people anywhere in the world to see what a rental property looks like before deciding if they want to book it in person or not — a massive plus for those looking for rentals outside of their current location!

5. Online Reviews

In today’s digital age, almost everyone has access to online reviews, which can help them make informed decisions about where they choose to live next — including prospective renters! Potential tenants can read reviews from previous renters which gives them an inside look into how well sure landlords maintain their properties and how responsive they are when problems arise—information that can be very useful when choosing between multiple potential rentals!      

6. Energy-Saving Technology

If you’re looking to purchase a rental property energy-saving features will always be positive. With many people concerned about their energy consumption and carbon footprint, landlords are increasingly turning to eco-friendly technology to help tenants save money on utilities. Many properties now come with smart thermostats or LED lights that can be adjusted remotely for maximum efficiency, assisting tenants in keeping their bills down without sacrificing comfort.

7. Security Features

Modern technology has led to various new security options for landlords and tenants. Smart locks, doorbell cameras, and other home security solutions are becoming increasingly popular in rental properties as they offer an extra layer of protection while allowing tenants to control who can access their homes quickly.

Conclusion

Technology has made renting more accessible than ever before! These advancements have changed the way we rent from online listings and apps that help you find the perfect place faster than ever to smart home devices that let you control your living environment with just a few words. So whether you’re searching far away or right down the street, technology has made finding great places simpler than ever!

Tre Pryor, Realtor

Tre Pryor is the leading real estate expert in the city of Louisville. He is a multi-million dollar producer and consistently ranks in the top 1% of Louisville Realtors for homes sold. Tre Pryor has the highest possible rating—5.0 stars on Google—by his clients and is routinely interviewed by the local NBC news. Tre Pryor is a member of the RE/MAX Hall of Fame.