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ApartmentIQ Reviews & Product Details

Verified User in Real Estate
UR
Enterprise(> 1000 emp.)
Validated Reviewer
Review source: Organic
What do you like best about ApartmentIQ?

I like that the data is automatically scrubbed from the internet so there's not a scramble on Monday mornings to collect all the data before reports are due Review collected by and hosted on G2.com.

What do you dislike about ApartmentIQ?

There's not an opportunity to correct data if the scrub is not accurate. Some comps provide market survey emails, and it would be nice to have the ability to update the information in ApartmentIQ so trends and reporting are more accurate. The reports are not as comprehensive as Radix. Our client requires an expansive market summary at the end of each quarter and that used to be simple with a Market Summary report download. Review collected by and hosted on G2.com.

What problems is ApartmentIQ solving and how is that benefiting you?

Limiting the amount of data I have to collect myself for reports due first thing Monday mornings Review collected by and hosted on G2.com.

ApartmentIQ Overview

What is ApartmentIQ?

ApartmentIQ is the multifamily industry's leading market data solution - with four years of public data and over 31 million units tracked across the country. Every market. Every competitor. Every unit. Every day. ApartmentIQ provides unmatched accuracy and transparency, trusted by more than 800 leading multifamily companies, including over half of the NMHC Top 50. Designed to help your team make data-driven decisions that optimize revenue, refine pricing strategies, and outpace the competition. Whether you're in revenue, operations, or asset management, our platform equips you with the insights you need—down to the unit level. Access detailed reports, benchmark performance against competitors, and uncover opportunities to maximize ROI. Visit getapartmentiq.com for more information.

ApartmentIQ Details
Product Website
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Product Description

Apartment IQ, automates the manual market survey process, saving you valuable time and optimizing your revenue potential. Unlike other providers, we don't rely on our customers for leasing data. Instead, we cover an extensive 12 million units, surpassing any major competitor in the market. When we provide rent rate recommendations, we not only deliver accurate insights but also show you the precise data points that led to those conclusions. Accurate, daily updated, public data offer the peace of mind necessary for you to make well-informed decisions and generate revenue.

How do you position yourself against your competitors?

Every data point gathered by AI is ethically sourced from property websites. It's why 60% of NMHC's largest Enterprise multifamily groups have already implemented public data usage for comp analyses.

-20% of unit pricing changes daily. Metrics are updated every day to reflect market conditions
-Programmed to source data only from 100% publicly available property websites
-Get to know competing properties down to the specific units they offer
-Experience a fully automated system with no more incomplete or misrepresented data


Seller Details
Company Website
HQ Location
Madison, US
LinkedIn® Page
www.linkedin.com
119 employees on LinkedIn®
Description

Rentable is a technology company offering both advertising (Rentable.co) and competitive intelligence solutions (ApartmentIQ) to multifamily property management companies. Our advertising suite includes a network of listing sites including Rentable.co as well as a ChatGPT plugin for rental search, industry leading social ad technology, and AI driven local SEO products focused on optimizing property level Google Business Profiles.Our competitive intelligence product, ApartmentIQ, is the industry’s only source of daily, unit-level competitive intelligence. We track over 31M units delivering the most accurate, up-to-date rent rate and leasing data available to multifamily operators today.We want to alert you to potential recruiting scams targeting job seekers. Please note that our company will never request payment, personal information, or any confidential details during the interview process. If you receive such requests, they are fraudulent and should be reported right away.


Ben L.
BL
Overview Provided by:

Recent ApartmentIQ Reviews

GE
Gustavo E.Mid-Market (51-1000 emp.)
5.0 out of 5
"The Best Product for Apartment Comparison"
The best part about ApartmentIQ is that is shows the user the price of their apartments compared to other apartment, complexes, etc. This program i...
Britney W.
BW
Britney W.Enterprise (> 1000 emp.)
5.0 out of 5
"Love Apt IQ- provides real time data and information about the submarket and competitors."
Real time data on rents, comps and specials.
Verified User
U
Verified UserEnterprise (> 1000 emp.)
3.5 out of 5
"Convenient and Efficient But Lacks Comprehensive Reporting"
I like that the data is automatically scrubbed from the internet so there's not a scramble on Monday mornings to collect all the data before report...
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ApartmentIQ Media

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183 out of 184 Total Reviews for ApartmentIQ

4.6 out of 5
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183 out of 184 Total Reviews for ApartmentIQ
4.6 out of 5
183 out of 184 Total Reviews for ApartmentIQ
4.6 out of 5

Overall Review Sentiment for ApartmentIQQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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G2 reviews are authentic and verified.
KW
Property Manager
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about ApartmentIQ?

ApartmentIQ has been a great tool for streamlining operations and providing valuable insights. The platform is user-friendly and helps with tracking metrics, optimizing leasing strategies, and improving overall efficiency. The reporting features are detailed yet easy to navigate, making pricing decision-making based on the market much smoother. Customer support has also been responsive and helpful. Highly recommend for property management teams. Review collected by and hosted on G2.com.

What do you dislike about ApartmentIQ?

A potential drawback of ApartmentIQ** is that the occupancy and leased percentages might not always be fully accurate, especially for new lease-ups. It seems like the system calculates these percentages based on availability rather than actual leased units out of total number of units, which can sometimes create a misleading picture of performance. Review collected by and hosted on G2.com.

What problems is ApartmentIQ solving and how is that benefiting you?

Enables easy comparison against past performance or market trends, ensuring we stay competitive. Review collected by and hosted on G2.com.

Josie S.
JS
Marketing Specialist
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about ApartmentIQ?

ApartmentIQ is great for our company and our property managers. It helps us analyze the market and get a better idea of what our surrounding competitors are charging along with the fees they have for their properties. I especially love the reports feature, which makes it helpful to schedule reports and send out to our property teams. Review collected by and hosted on G2.com.

What do you dislike about ApartmentIQ?

I think it would be useful to have an affordable housing specific feature. Sometimes when I only want to view studio rent comparisons in the area, it will not load properly and still shows other units. Also, the team can take a while to get back to me for customer help. Review collected by and hosted on G2.com.

What problems is ApartmentIQ solving and how is that benefiting you?

It is helping us analyze the market and increase our pricing, helping our company profit. Review collected by and hosted on G2.com.

TR
Community Manager
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about ApartmentIQ?

ApartmentIQ has made finding all the information I need for my market surveys super convenient. I especially like that I can customize the "Property Summary" to the parameters that matter most to my work. Review collected by and hosted on G2.com.

What do you dislike about ApartmentIQ?

I wish there was a way to pull more information about properties that are in my 9 immediate comps. I'm in a small market that everyone even further away from my site is still technically getting most of the same traffic. I do manually have to review these other properties at times. Review collected by and hosted on G2.com.

What problems is ApartmentIQ solving and how is that benefiting you?

AptIQ is making it easy to see what my competition is up to and where their strengths and weaknesses are so I may better accommodate and adjust to benefit my team/site. Review collected by and hosted on G2.com.

VH
Financial Analyst
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about ApartmentIQ?

The interface in general seems user friendly and intuitive. I find the quick comparisons of stats across the comps helpful and easy to digest upon initial glance. I enjoy that the market reports can be sent on an automatic schedule, and how other potential comps to add to the set are denoted with 'comparability' scores. It is easy to add and remove comps from your set, and their team has also been helpful in responding to any questions regarding the reports and data. The use of 100% public data is also beneficial for us and our stakeholders relative to the internal surveys previously being utilized. It feels low commitment to check in weekly or even daily to get a rough idea of where the submarket is. Review collected by and hosted on G2.com.

What do you dislike about ApartmentIQ?

One question that tends to come up regards the definitions and data that make up the Advertised Occupancy and Leased stats. Without actively seeking clarity, it may be unclear initially what information comprises these stats and how accurate we can expect them to be compared to current actuals. One other item to note is that Concession notes may have a lag as to how current they actually are relative to what property websites actively reflect. Overall the data is useful for comparing across the comp set and having a relative idea of where the subject property lines up with the submarket. Review collected by and hosted on G2.com.

What problems is ApartmentIQ solving and how is that benefiting you?

The market updates are made frequently (up to daily) and are therefore more relevant. The reports offer good insight into submarket trends and the data and user interface are generally easy to understand and quick to obtain. The market reports help relieve our onsite teams from making weekly manual market updates. The use of 100% public data is beneficial to us and our stakeholders. The ApartmentIQ team is also responsive and helpful! Review collected by and hosted on G2.com.

JR
Community Manager
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about ApartmentIQ?

Apartment IQ has been an incredible tool for my leasing office. It allows me to quickly and concisely get a snapshot of my immediate and surrounding markets. This assists with all of my market surveys and provides invaluable data when making informed decisions on what to present to my clients. Its visually pleasing interface makes for a very easy way to show my clients what the market is doing in real time, and its convenience saves me and my team hours of piecemealing data together. Review collected by and hosted on G2.com.

What do you dislike about ApartmentIQ?

I think there is room for more clarifications on data, how it is procured and pulled, and growth opportunities in getting more cohesive and customized datas on individual properties. Review collected by and hosted on G2.com.

What problems is ApartmentIQ solving and how is that benefiting you?

It provides workflow solutions to my team by creating very in-depth analysis of data instantaneously, which used to take an individual up to hours to collect and present in a cohesive manner. This also provides a solution to providing visual education tools for presentations and market analysis meetings. Review collected by and hosted on G2.com.

TW
Senior Property Manager
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about ApartmentIQ?

1) User-Friendly Interface – The layout is intuitive and easy to navigate, making it simple to manage tasks.

2) Comprehensive Resident Insights – It provides valuable data on resident behaviors, trends, and engagement, which is helpful for managing the community.

3) Automated Reports – The reporting tools save time by automating various data summaries and analytics, helping keep track of key metrics effortlessly. Review collected by and hosted on G2.com.

What do you dislike about ApartmentIQ?

1) Limited Customization Options – Some features and reports lack flexibility in customization, limiting their usefulness for unique community needs.

2) Occasional System Lag – There are occasional delays and slow load times, which can interrupt workflow.

3) High Learning Curve for Advanced Features – Some advanced features require additional training to fully utilize, which may not be ideal for all team members. Review collected by and hosted on G2.com.

What problems is ApartmentIQ solving and how is that benefiting you?

ApartmentIQ helps streamline property management by improving resident retention, optimizing revenue, and enhancing operational efficiency through data-driven insights and automation. It enables proactive management of resident needs, lease tracking, and risk reduction, saving time and boosting overall performance. Review collected by and hosted on G2.com.

Jeffrey C.
JC
Community Directot
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: Organic
What do you like best about ApartmentIQ?

ApartmentIQ has a well-designed platform with a clean interface, making it easy to navigate and access important property data efficiently. Review collected by and hosted on G2.com.

What do you dislike about ApartmentIQ?

I appreciate the opportunity to provide feedback on Apartment IQ.

I should have the ability to log into my property and manually update occupancy percentages, tours, and leasing data if I choose to. Having this level of control would be beneficial.

I’ve mentioned this before, but on the survey, the "Tours and Leases" section is confusing due to wording. Right now, it says "Applications and Leases," but in our industry, applications and leases are essentially the same thing. Tours and Leases should be the correct terminology, as they are two separate steps in the process. Review collected by and hosted on G2.com.

What problems is ApartmentIQ solving and how is that benefiting you?

ApartmentIQ provided me with a survey to share with my asset managers, helping gather their insights and feedback on the platform. Review collected by and hosted on G2.com.

GE
Leasing Marketing Manager
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
(Original )Information
What do you like best about ApartmentIQ?

The best part about ApartmentIQ is that is shows the user the price of their apartments compared to other apartment, complexes, etc. This program is easy to use and there is an ease of implementation that is unmatached. They have a great customer support team that is ready to answer any questions. I use this application extremely frequently because it allows me to perform my job much more effectively. Review collected by and hosted on G2.com.

What do you dislike about ApartmentIQ?

Nothing to dislike about ApartmentIQ in any way shape or from. Review collected by and hosted on G2.com.

What problems is ApartmentIQ solving and how is that benefiting you?

It is using real-time data to compare and contrast different apartment data and competitor data. Review collected by and hosted on G2.com.

DW
Systems Trainer
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
(Original )Information
What do you like best about ApartmentIQ?

ApatmentIQ has made some great improvements over the past year, we are now using it as our main market survey platform. It is easy to navigate and my teams use it everyday.

ApartmentIQ's customer support team has always been kind, and quick to fix the issues. Review collected by and hosted on G2.com.

What do you dislike about ApartmentIQ?

A downside is that not all websites are compatible. So, some of the comps in our markets cannot be added. Review collected by and hosted on G2.com.

What problems is ApartmentIQ solving and how is that benefiting you?

ApartmentIQ allows my teams to conduct market surveys every day and ascertain what is happening in their market without needing to call each of their comps. This helps them with time management and has helped them be more aware of what is going on in their markets. It is now also helping us, from a support team standpoint, look at market trends and pricing to ensure that we are where we want to be within each market. Review collected by and hosted on G2.com.

JM
Vice President Client Services
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
(Original )Information
What do you like best about ApartmentIQ?

Ease of use, speed to data and quick response time for changes. Enjoy the new enhancements of showing product to market vs product leased out of market on the dashboard Review collected by and hosted on G2.com.

What do you dislike about ApartmentIQ?

Concessions not being easy to identify, not able to filter out affordable or MFTE products easily Review collected by and hosted on G2.com.

What problems is ApartmentIQ solving and how is that benefiting you?

tides of market, what is coming in and out has been a great solve, what product is rent out to show recent product leaving market and what it rent for Review collected by and hosted on G2.com.