Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
10+ investment analysis calculators
$1,000+/yr savings on landlord software
Lawyer-reviewed lease forms (annual only)
Unlimited access to the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

203
Posts
188
Votes
Mike Smith
  • Boise, ID
188
Votes |
203
Posts

Apartment Demographics - One hour from large metro area

Mike Smith
  • Boise, ID
Posted

I'm a single family home builder who is looking at building multifamily apartments.  Our target location is about one hour away from a large metro area (Boise, Idaho).

I'm asking any similar multifamily owners that aren't directly in a large metro area to share some demographic data on your tenants.  We are trying to work on floorplans, amenities, etc, but are flying by the seat of our pants because we don't have any data.  We have a ton of data on single family home buyers (and prospective single family home buyers), but nothing on apartment dwellers.

I've reached out to the state housing authority, but if anyone has data (even anectodical is fine) or good resources, it would be appreciated.

I'm hesitant to use nationwide, or even statewide data, because the majority of apartments are in the urban core, and I feel our demographics may be substantially different since we are an hour outside the urban core.

  • Mike Smith
  • Most Popular Reply

    User Stats

    6,603
    Posts
    6,956
    Votes
    Bjorn Ahlblad
    • Investor
    • Shelton, WA
    6,956
    Votes |
    6,603
    Posts
    Bjorn Ahlblad
    • Investor
    • Shelton, WA
    Replied

    The doctors and lawyers stay long enough to buy a house, or move on. The nurses stay longer, the hospital is two blocks away and they are not 'traveling nurses'. Most tenants stay for a few years. The retired folks stay till they die!

    Loading replies...