Lambert Investments Inc.

The Demand For Pet-Friendly Apartments is on The Rise

A 2015-2016 survey conducted by the American Pet Products Association shows that about 65% of American households, or about 79.7 million homes, have pets. At the same time, a 2014 survey among pet owners reveals that around two-thirds were having a hard time finding a pet-friendly apartment.

In more recent years, the trend appears to be reversing as more and more apartment owners recognize the growing demand for pet-friendly housing. But even with increasing options, pet owners still face several hurdles, including:

How pet-friendly is Los Angeles?

In a 2013-2014 survey conducted by HotPads, a Zillow, Inc.-owned rental marketplace, Los Angeles was listed 6th among the top ten metro areas ranked by number of pet friendly rental listings.” Santa Monica was seen as the most pet-friendly neighborhood in the city, with the highest number of pet-friendly listings.

A 2016 survey among 300 landlords who were members of the Apartment Association of Greater Los Angeles showed that around 42% did not allow pets in their properties. However, the majority welcomed at least one pet per tenant.

On the other hand, a survey conducted by financial online resource, WalletHub, ranked Los Angeles 93rd in terms of pet-friendliness, out of the 100 largest cities in the United States. This survey put premium weight on the availability of pet-friendly amenities in a city, such as pet care services, pet businesses and pet-welcoming restaurants.

Benefits of making your property pet-friendly

Allowing pets into your property can be beneficial in many ways.

Los Angeles has the highest number of renters among all cities, so it follows that disallowing pets can also mean turning away a large number of potential tenants.

Tips on making your apartment pet-friendly

Landlords’ objections to admitting pets include possible damage to their property and a negative impact on other tenants. Various agencies, however, have been working with landlords on establishing pet-friendly policies that will address these concerns and will result in satisfying tenant-landlord relationships.

Here are some possible solutions to making your property pet-friendly:

In addition to a deposit, a regular and reasonable “pet rent” is considered a good option, and is something many tenants are willing to pay along with insurance which indemnifies the property owner.

Furthermore, consider adding pet-friendly amenities and services to attract pet owners. Some high-end apartments in downtown Los Angeles already offer features such as dog grooming stations and “pet parks,” and partner with local pet care businesses to provide services to their tenants.