Apartments.com Power Rankings Kick Off Pro Football Season Does a Winning City Equal a Winning Football Team? Apartments.com Predicts Season Opener Game Outcomes Based on Strength of the Rental Market
CHICAGO, Sept. 5, 2013 /PRNewswire/ -- As the 2013-2014 pro football season kicks off, Apartments.com is comparing statistics on the hometowns of top ranked teams, to see if the rental strengths of each city will reflect who comes out on top of heated gridiron rivalries. As odds makers take bets and sports fans crowd into stadiums around the country, Apartments.com pits the hometown cities of top ranked teams against one another on elements including inventory of available apartments and average rent for a one bedroom apartment.
"Each fall, it is a treasured tradition across the country for renters to huddle into the living rooms to hang with friends, munch on party food and sip some cold ones while watching the pigskin fly across the TV screen," says Tammy Kotula, public relations and promotions manager, Apartments.com. "As pro football season kicks off, we decided to very unofficially investigate if a correlation exists between strong rental markets and success on the field."
Top city match ups include:
- San Francisco vs. Green Bay
- Denver vs. Baltimore
- New Orleans vs. Atlanta
- Charlotte vs. Seattle
If the strength of a city is reflected in the strength of its pro football team, here are the Apartments.com predictions for season openers:
Green Bay wins with an average one bedroom rent of $613.52. Even though San Francisco has 34% more apartment inventory, their hefty $2,664.76 average one bedroom apartment rent puts them on the losing end of the coin.
Denver beats Baltimore! Although both cities exceed the national average of one bedroom rents (with Denver at $1,516.69 and Baltimore not far behind at $1,226.36), Denver is an apartment rental powerhouse with nearly three times the available units that Baltimore has.
New Orleans bests Atlanta! Even though Atlanta boasts nine times the number of available units that New Orleans offers, their $1,014.47 one bedroom rent price exceeds the national average. With a low average one bedroom rent of $799.60, New Orleans moves into the winning column.
Charlotte over Seattle! Charlotte's average rent of $877.79 and massive inventory – four times that of Seattle – sealed the deal.
Kotula adds, "We're not saying our method of predicting pro football game outcomes is a sure thing, but it is going to be fun to see how closely the strength of a rental market equates to the strength of its pro football team!"
Apartments.com evaluated cities based on their inventory of available apartments (Apartments.com, August 2013) and the average rent for a one bedroom apartment in each city (Apartments.com, August 2013). Cities were awarded points for being below the national average rental cost for a one bedroom apartment, and cities lost points if they were above that figure. In addition, cities were awarded points for having a higher inventory of available units.
Apartments.com (http://www.apartments.com) is a leading national apartment Internet listing subscription service with more than 50,000 unique addresses representing millions of rental units from managed properties, newspaper classifieds and for-rent-by-owner properties. By incorporating the most relevant products to reach renters including personalized searches and highly visual ads featuring live chat, real-time rent, online video walk-through demonstrations, professional photography, a mobile website and iPhone and Android apps, Apartments.com creates easy access to its listings. Providing unmatched exposure to its advertisers through an intuitive name, strategic search engine placements and featured partnerships and more than 120 newspaper websites and innovative emerging media, Apartments.com reaches millions of renters nationwide, driving both qualified traffic and highly-engaged renters to leasing offices nationwide. Apartments.com is a division of Chicago-based Classified Ventures, LLC. The Apartments.com network of apartment rental websites includes Apartment Home Living (http://www.apartmenthomeliving.com), a leading social media apartment website distinguished by a "live for fun" community experience, proprietary lifestyle matching and local living guides to help renters find their perfect place to live; Rental Homes Plus (http://www.rentalhomesplus.com), an online destination where house hunters who prefer to rent can choose from a robust inventory of houses, condos, town houses, duplexes and apartments from around the country; and Rentfish (http://www.rentfish.com), a national apartment website offering customizable searches by neighborhood, favorite coffee spot, sports arena, famous landmark and more.