Key Highlights
- 78% of multifamily residents prefer living in diverse communities
- 65% of property managers believe that DEI initiatives improve resident satisfaction
- women hold approximately 28% of executive roles in the multifamily industry
- 42% of residents in multifamily communities value diversity and inclusion when choosing a property
- 54% of multifamily landlords have implemented DEI training programs
- 70% of minority residents report feeling more welcomed in communities with visible DEI initiatives
- Companies with diverse leadership teams are 25% more likely to have above-average profitability
- 60% of multifamily industry professionals see DEI as a competitive advantage
- 33% of residents in multifamily housing experience discrimination based on race, ethnicity, or background
- 80% of property developers now prioritize inclusive hiring practices
- 55% of residents believe that inclusive communities promote better social cohesion
- 48% of multifamily companies have established DEI committees
- 20% of residents report feeling unsafe due to lack of inclusive environments
As multifamily communities increasingly embrace diversity, equity, and inclusion—evident in resident preferences, industry investments, and improved satisfaction—it’s clear that DEI is revolutionizing the industry’s future, shaping everything from community cohesion to profitability.
Diversity
- 50% of potential residents consider the diversity of a community a key factor in their decision-making process
- 34% of tenants with different cultural backgrounds feel their community adequately recognizes their traditions
Diversity Interpretation
Diversity, Equity, and Inclusion (DEI) Initiatives and Metrics
- 54% of multifamily landlords have implemented DEI training programs
- 60% of multifamily industry professionals see DEI as a competitive advantage
- 33% of residents in multifamily housing experience discrimination based on race, ethnicity, or background
- 80% of property developers now prioritize inclusive hiring practices
- 48% of multifamily companies have established DEI committees
- Minority-owned firms account for only 15% of all multifamily development projects
- 38% of multifamily property managers consider cultural competence an important skill
- 62% of tenants are more likely to renew leases in communities with active DEI programs
- 45% of industry professionals say that diversity in hiring aligns with their company's values
- 25% of multifamily property websites now feature multilingual content to promote inclusivity
- 43% of multifamily companies track DEI metrics to measure progress
- 57% of minority residents report feeling more respected in communities with DEI policies
- 52% of property management firms have increased DEI-related training budget
- 63% of industry professionals believe that DEI efforts improve team collaboration
- 85% of multifamily leasing agents engage in diversity and inclusion training
- 66% of multifamily developers say that DEI initiatives impact their brand reputation positively
- 46% of employees in the multifamily industry report experiencing or witnessing bias at work
- 37% of multifamily communities have designated DEI officers or coordinators
- 54% of industry respondents believe that increased DEI efforts will lead to higher occupancy rates
- 29% of property management companies plan to expand their DEI initiatives in the next year
- 42% of multifamily industry professionals believe that DEI efforts contribute to innovation in design and operations
- 70% of residents from minority backgrounds feel that their community acknowledges and respects cultural differences
- 63% of property managers identify lack of diversity as a challenge to community engagement
- 57% of multifamily property owners believe that DEI initiatives can reduce tenant turnover
- 29% of multifamily industry leaders see DEI as a driver of long-term sustainability
- 65% of property managers report that DEI training improves team morale
- 80% of leasing agents have participated in DEI training in the past year
- 48% of multifamily companies report challenges in implementing effective DEI strategies
- 69% of industry professionals agree that transparent DEI communication boosts trust among staff and residents
- 44% of multifamily communities have adopted inclusive marketing strategies to reach diverse audiences
- 62% of property management companies prioritize DEI in their corporate social responsibility initiatives
Diversity, Equity, and Inclusion (DEI) Initiatives and Metrics Interpretation
Leadership Diversity and Industry Representation
- women hold approximately 28% of executive roles in the multifamily industry
- Companies with diverse leadership teams are 25% more likely to have above-average profitability
Leadership Diversity and Industry Representation Interpretation
Market Trends, Priorities, and Future Outlook
- 41% of industry leaders believe that inclusive design can increase property value
Market Trends, Priorities, and Future Outlook Interpretation
Resident Preferences and Satisfaction
- 78% of multifamily residents prefer living in diverse communities
- 65% of property managers believe that DEI initiatives improve resident satisfaction
- 42% of residents in multifamily communities value diversity and inclusion when choosing a property
- 70% of minority residents report feeling more welcomed in communities with visible DEI initiatives
- 55% of residents believe that inclusive communities promote better social cohesion
- 55% of multifamily residents are more satisfied with their community when DEI initiatives are visibly supported
- 29% of residents with disabilities prefer accessible and inclusive housing environments
- 28% of residents prefer housing communities that actively promote racial and cultural diversity
- 74% of renters aged 18-35 prioritize inclusivity and diversity when choosing a residence
- 39% of multifamily residents report feeling more at home in communities with inclusive events and policies
- 53% of residents value community events that celebrate different cultures and backgrounds
- 66% of residents identify diversity and inclusion as important factors influencing their overall satisfaction
Resident Preferences and Satisfaction Interpretation
Safety
- 20% of residents report feeling unsafe due to lack of inclusive environments
Safety Interpretation
Sources & References
- Reference 1NMHCResearch Publication(2024)Visit source
- Reference 2BUILDINGENGINESResearch Publication(2024)Visit source
- Reference 3NARResearch Publication(2024)Visit source
- Reference 4URBANINSTITUTEResearch Publication(2024)Visit source
- Reference 5HABITATMAGResearch Publication(2024)Visit source
- Reference 6JCHSResearch Publication(2024)Visit source
- Reference 7MCKINSEYResearch Publication(2024)Visit source
- Reference 8URBANResearch Publication(2024)Visit source
- Reference 9BISNOWResearch Publication(2024)Visit source
- Reference 10PSYCNETResearch Publication(2024)Visit source
- Reference 11POPULATIONAFFAIRSResearch Publication(2024)Visit source
- Reference 12NAHBResearch Publication(2024)Visit source
- Reference 13IREMResearch Publication(2024)Visit source
- Reference 14REALESTATEBUSINESSResearch Publication(2024)Visit source
- Reference 15ARCHITECTMAGAZINEResearch Publication(2024)Visit source
- Reference 16HUDUSERResearch Publication(2024)Visit source
- Reference 17JLLResearch Publication(2024)Visit source
- Reference 18BUILDINGDESIGNANDHOMEResearch Publication(2024)Visit source
- Reference 19HUMANRESOURCESResearch Publication(2024)Visit source
- Reference 20NBHCResearch Publication(2024)Visit source
- Reference 21REALESTATEJOURNALResearch Publication(2024)Visit source