--- title: "Why Renting is Popular | Real Property Management Gold" description: "[vc_row][vc_column][vc_column_text]Renting is becoming more and more popular, especially for millennials, or those between the ages of 18 and 35. Recently, […]" url: https://realpmgold.multisites.ai/why-renting-is-popular publisher: Real Property Management Gold phone: +1-301-392-2172 assessment: https://realpmgold.multisites.ai/contact-us#assessment --- # Why Renting is Popular LocalPublished March 29, 2017Updated July 17, 20242 min read Renting is becoming more and more popular, [especially for millennials](https://realpmgold.multisites.ai/rentvsbuy), or those between the ages of 18 and 35. Recently, a thousand renters in this age bracket were surveyed to find out why renting is the lifestyle of choice for them. Understanding the minds of these renters can help Southern Maryland **property managers** attract these renters to their units and keep them happy in long term rental contracts. ## **Not So Handyman Gets Maintenance Help** A top reason for someone to choose to rent a home over purchasing is the ability to call maintenance. When you don’t have the skills to fix problems around the house, constantly calling someone to come do the work for you can get very expensive. Renters revealed that they felt less pressure about fixing serious repairs on things like furnaces, appliances, and water heaters when they could call someone to handle it for them. It is simply easier to make a phone call and let  [Real Property Management Gold](https://realpmgold.multisites.ai/property-managers-southern-maryland) take care of the problems. Specialized RPM has the resources for group discounts for maintenance supplies and equipment, creating a win/win situation for tenants and property owners when a repair is needed.  [Regular inspections](https://realpmgold.multisites.ai/maryland-property-management-inspections-101-why-inspections-should-be-conducted-on-a-regular-basis) also help keep an eye on potential problems before they turn into bigger headaches with bad timing. ## **Freedom** Many of the renters who were surveyed indicated that they didn’t think they would be making a home purchase anytime soon, even though most did not grow up in a rental situation. [Renting means less commitment](https://realpmgold.multisites.ai/rentvsbuy) where you have to stay for a long period of time. Real Property Management Gold can decide lease options for people in these situations. With the job market what it is, renters don’t have to worry about relocation as much if they are renting - they can just pack up and go.  Job changes, relationship struggles, financial worry, and even neighborhoods can all determine that a person needs to move. Renting gives that freedom and peace of mind. ## **Money and Convenience** One of the top reasons renters give for choosing to rent over signing a mortgage is that the bottom line cost is generally cheaper. Even though renters know they aren’t building equity with property ownership, renting can be less expensive than a monthly mortgage payment. That can leave more money in the bank for important things like food and utilities. [Southern Maryland **property managers**](https://realpmgold.multisites.ai/can-afford-property-management-company-southern-maryland) can be assured that the population of renters is not declining. People are always going to be looking for that perfect home in just the right neighborhood where they can put down some roots, at least for a while. Investment rental property owners will be there to help them move in and stay happy. First published by Real Property Management Gold on March 29, 2017. Details may have changed since then; current rules are in the [Landlord Center](https://realpmgold.multisites.ai/landlord-center). ## Keep reading - [Indian Head Rail Trail: What the 13-Mile Trail ConnectsThe Indian Head Rail Trail is a paved trail of about 13 miles that links the Town of Indian Head with the White Plains area of Charles County. It follows a former railroad corridor through the Mattawoman Creek stream valley. Owners can cite it in a listing as a fact, with the official name and a measured distance.](https://realpmgold.multisites.ai/indian-head-rail-trail) - [Calvert Cliffs Fossils: What Maryland DNR Says About the ParkMaryland DNR states that fossils of over 600 species have been found along Calvert Cliffs. Calvert Cliffs State Park sits at 10540 H. G. Trueman Road in Lusby. DNR also warns that climbing on or walking beneath the cliffs is prohibited because of landslides, and that collecting fossils beneath the cliffs is illegal.](https://realpmgold.multisites.ai/calvert-cliffs-fossils-lusby) - [Thomas Stone National Historic Site: A Port Tobacco LandmarkThe National Park Service lists Thomas Stone as a Maryland signer of the Declaration of Independence, born in 1743 and tied to Port Tobacco in Charles County. He is buried at Thomas Stone National Historic Site, which has a mailing address of 6655 Rose Hill Road, Port Tobacco. Check the park's page for hours and tours.](https://realpmgold.multisites.ai/thomas-stone-historic-site-port-tobacco) ## Ask what your home could rent for. Free. A free rental assessment from our offices in Lexington Park and Waldorf. No cost, no contract, no pressure. [Request a free assessment](https://realpmgold.multisites.ai/contact-us#assessment)[(301) 392-2172](tel:+13013922172)