1, 2, 3 bedroom renter turnover

[Jeff K.]

Hi BP folks.

Does anyone have experience to compare the amount of time renters remain in their 1, 2, 3 BR apts.?

Are 1 BR renters more transient or prone to leaving and not renewing their lease? Do 2 and 3 BR renters stick around longer?

Although I am guessing it varies by region/type of tenant/ quality of property-have you found that there is a difference based on socioeconomics/neighborhood?

I would love to hear any feedback.

[Brandon Hicks]

I have a 1 bed tenant that has been in there since 1996 and a 2 bed tenant just as long. I also have a 3/2 house I started renting in summer of 2008 and Ive just signed a lease with my 7th family.

I currently own (3) 3 beds (11) 2 beds and (26) 1 beds including a 12 unit complex I just bought.

I prefer 1 and 2 bed apartments over houses to be honest.