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July 3, 2023

The Top 10 Apartment Trends for 2023: What’s Hot and What’s Not in Apartment Design, Amenities, and Features

If you're looking for a new apartment in 2023, you might be wondering about the latest trends in apartment design, amenities, and features.

The Top 10 Apartment Trends for 2023: What’s Hot and What’s Not in Apartment Design, Amenities, and Features

4 questions to consider before buying a home

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Simple steps to buy a home successfully

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Consider your finance options, and then choose the best one available

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Make an offer with some wiggle room for negotiation

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Which other tips do you recommend when buying a home?

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If you're looking for a new apartment in 2023, you might be wondering about the latest trends in apartment design, amenities, and features. Whether you're a renter or a landlord, keeping up with the changing preferences and expectations of the apartment market is essential. Here are ten trends shaping the apartment industry in 2023 and beyond.

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1. Japandi Style

One of the hottest trends in apartment design is Japandi, a fusion of Japanese and Scandinavian aesthetics. Japandi combines both styles' minimalism, functionality, and natural elements, creating a cozy and serene atmosphere. Japandi apartments feature rough textures, neutral colors, natural light, and intelligent storage solutions. Japandi is perfect for those who value simplicity, sustainability, and harmony.

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2. Home Office Space

The pandemic has changed how we work, and many people are still working from home or adopting a hybrid work model. This means having a dedicated home office space is essential for productivity and comfort. Apartment renters are looking for rooms that accommodate their work needs, such as multifunctional furniture, zoning partitions, window desks, or loggia offices. Apartment landlords can attract more tenants by offering flexible layouts, high-speed internet, and soundproofing features.

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3. Smooth Lines

Another trend in apartment design is using smooth and curved lines instead of sharp and angular ones. Smooth lines create a sense of flow, movement, and a softer and more inviting look. You can find smooth lines in crescent sofas, round dining tables, chairs with rounded backs, arched doorways, and oval mirrors. Smooth lines can also help balance the harshness of industrial or urban elements.

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4. Smart Technology

Innovative technology is not a new trend, but it's becoming more advanced and accessible yearly. Apartment renters seek innovative features to enhance their convenience, security, comfort, and energy efficiency. Some examples of intelligent technology are voice assistants, smart locks, smart thermostats, bright lighting, smart appliances, and intelligent security systems. Apartment landlords can benefit from intelligent technology by reducing maintenance costs, improving tenant satisfaction, and increasing property value.

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5. Older Renters

The apartment rental market is not only dominated by young adults anymore. More and more older generations are choosing to rent instead of own, either by choice or necessity. Millennials comprise about 45% of the rental market, but Gen Z accounts for 27%, Gen X for 18%, and Boomers for 10%. This means that apartment rentals must cater to different age groups' diverse needs and preferences. Some features that older renters may look for are accessibility, safety, community, and wellness amenities.

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6. More Amenities

Location is still essential for apartment renters, but it's not enough to attract and retain them. Renters also want more amenities that can improve their quality of life and offer them more value for their money. The most popular amenities in 2023 are fitness centers, pools, rooftop decks, pet-friendly facilities, bike storage, co-working spaces, and package lockers. Apartment landlords can increase their occupancy rates and rental income by providing more amenities that meet the demand of their target market.

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7. Biophilic Design

Biophilic design is a trend that incorporates nature into the built environment. It connects humans and spirits through natural materials, colors, shapes, and patterns. Biophilic design can improve apartment renters' health, well-being, mood, creativity, and performance by reducing stress, enhancing air quality, and boosting natural light. Some examples of biophilic design are indoor plants, green walls, water features, raw wood, stone, or rattan furniture, organic shapes, and nature-inspired art.

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8. Sustainable Living

Sustainability is not just a buzzword anymore; it's a lifestyle choice many apartment renters embrace. Renters are looking for apartments that can help them reduce their environmental impact and save money on utility bills. Some features that can make an apartment more sustainable are energy-efficient appliances, LED lighting, solar panels, low-flow fixtures, recycling bins, composting facilities, electric vehicle charging stations, and green roofs. Apartment landlords can attract eco-conscious tenants by investing in green initiatives and certifications.

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9. Modern Rustic Style

The modern rustic style combines the warmth and coziness of rustic elements with the sleekness and sophistication of modern ones. Modern rustic apartments feature natural and industrial materials like wood, metal, stone, concrete, and leather. The color palette is usually neutral, with pops of earthy tones or bright accents. Modern rustic apartments also have a lot of texture, character, and personality, creating a comfortable and inviting space.

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10. Creative Island Seating

One of the most popular features in apartment kitchens is the island, which can serve as a countertop, a storage unit, a dining area, or a workstation. However, island seating can be tricky, especially in small spaces. That's why apartment renters seek creative solutions to maximize their reach and functionality. Some examples of innovative island seating are foldable chairs, stools that can slide under the island, benches that can double as storage, or swivel chairs that can rotate between the island and the living room.