Everyone benefits from smart home technology in rental properties. For residents, it’s the elevated living experience, added convenience of a connected, keyless lifestyle, and peace of mind. For property owners and operators, it enables greater visibility, control and security over their properties. Plus, they get the added bonus of higher occupancy rates and rental value. It also increases renter lead conversions by providing a much-wanted luxury amenity – 82% of renters want smart home devices. Not to mention, it differentiates their properties from the competition.
On the operational side of things, smart home technology for rental properties provides real-time tracking for proactive damage prevention. It also enables remote security monitoring and smart access control. Smart home/smart apartment deployments also reduce operating costs through energy efficiency and preventative maintenance due to predictive analytics. All of these actions give property management rich data analytics on assets and residents. Most experience a positive ROI in under 2 years. Real estate owners, operators and property managers can work better, smarter and faster with Rently Smart Home Solutions.
Introducing the New Smart Home Performance Dashboard
Rently is making it even easier for owners and property managers to manage their smart home devices with a redesigned Smart Home Performance Dashboard! This intuitive dashboard visualizes all they need to know to understand the value of their smart home deployments. At a quick glance, they can view trends, quantify impact, and make data-driven decisions rooted in real usage and automation outcomes.
Smart home customers see the number of smart units set up and the estimated ancillary revenue associated with it. It tracks actual HVAC usage for both occupied and vacant units, number of key resets/rekeys and the estimated cost savings, amenity access activity, and resident app usage – all key metrics to help them better manage their community more efficiently.
- Data transparency – intuitive view of the most important metrics driving smart home performance, adoption, and operational efficiency across your portfolio.
- Revenue & cost savings – know your potential revenue opportunity from smart home deployments, plus the estimated operational savings driven by remote re-keys and command-based actions that eliminate the need for physical trips to the property.
- Enhanced energy management – track HVAC run time on a weekly basis to monitor energy consumption and usage trends to identify issues and schedule proactive maintenance and repairs.
- Resident Smart Home app adoption – quickly understand your Smart Home resident app adoption and engagement. More resident usage and higher adoption rates typically lead to better digital engagement, reduced support load, more effective communication, and increased resident retention.
Rently’s smart home performance dashboard offers significant value by providing a centralized, real-time view of key performance indicators (KPIs) and data, enabling faster decision-making, improved data understanding, and increased efficiency.
Why Choose Rently Smart Home Solutions
At Rently, we take our promise of a truly connected home very seriously. Our end-to-end customizable solutions include a complete portfolio of best-in-class hardware to fit each property’s unique needs. To manage everything, managers have a robust desktop software platform and mobile app. Residents can control the devices in their home using an app. Additionally, technicians have access to an app for guided installation support. We are fully committed to providing a seamless smart home experience for residents, and a hassle-free management experience for property operators.
Rently’s enterprise-grade, completely interconnected smart home platform helps real estate owners and operators solve real business challenges at scale. Here’s what we’re seeing from clients who’ve deployed Rently solutions across their portfolios for access control, smart monitoring, energy management and damage prevention:
- $120k-$180k in annual savings per 200-unit property
- $20k-$45k in utility savings via smart thermostats and HVAC automation
- $20k in reclaimed staff time—eliminating manual leasing inefficiencies and rekey/lockouts
- $43k-$100k in loss prevention through leak detection and secure access
- 3.5x leasing productivity, enabling teams to do more with less
- Built-in resiliency against staffing shortages and after-hours coverage gaps
- $30k annual savings / 408 hours saved with smart access control
This is not theory. These are real outcomes being realized today. Want to learn more about Rently’s Smart Home solutions? Schedule a demo today!
