Bike Sharing

  Bikes are extremely attractive to apartment renters who live in urban areas. After all, bikes are green, they don’t take up a lot of space and riding is great exercise. Plus they allow riders to avoid being stuck in city traffic jams, which alone makes up for the cost of the bike.

 

Zagster Bike Rack2Bikes are extremely attractive to apartment renters who live in urban areas. After all, bikes are green, they don’t take up a lot of space and riding is great exercise. Plus they allow riders to avoid being stuck in city traffic jams, which alone makes up for the cost of the bike. Many apartments already provide bicycle storage areas for their residents, either included with the apartment, or for a small amenity fee.

I want to ride my bicycle, I want to ride my bike.

I want to ride my bicycle, Anywhere I like.

—“Bicycle Race,” Queen

And, with the popularity of bikes soaring, some communities are taking the bicycle amenity one step further with resident bike-sharing programs.

Take, for example, Related Companies. Related, partnering with bike-sharing company Zagster, is going to start offering an on-site bike sharing program in its New York communities. Once residents join the program, they can send a text to reserve a bike (which will be located in their community’s garage or parking lot) for the whole day. The bike keys will all be conveniently located in lock boxes on-site. Bikes will all include large baskets, making them ideal for residents who need to run a few errands—perfect for city dwellers who might not have easy access to a car.

A bike-sharing program will save residents money, as well as storage space in their apartments if their community doesn’t have a bicycle storage area. It also provides a great amenity that will actually be used. And it’s eco-friendly. Beyond a little helmet hair, a bike-sharing program could be a great amenity to attract new residents.

Jessica Fiur is News Editor at Multi-Housing News. Find more of her insights on multifamily living on the “What Renters Want” blog.

SHARE POST

Facebook LinkedIN

AUTHOR

Jessica Fiur is the editor-in-chief at Multi-Housing News and Commercial Property Executive and writes the award-winning blog What Renters Want. Jessica has been with the company since 2011 and previously was with Weekly Reader and IQPC. Contact Jessica at [email protected], on Twitter @jfiur or on LinkedIn https://www.linkedin.com/in/jessicafiur/.

Recent articles

An image containing the Yardi Voyager logo and the text "11 questions answered" next to an empty speech bubble with light blue and grey tones.

The 11 Yardi Voyager Residential questions property managers ask most

Yardi Voyager Residential is the residential edition of Yardi Voyager, a cloud-based property management platform that runs accounting, leasing, operations and reporting on a single database for multifamily, affordable housing, senior living, student housing, HOA and build-to-rent portfolios. This guide answers the 11 questions property managers ask most before adopting it.

Welcome to the Yardi Senior CRM Road Show: Lessons, learning and more in six cities

Senior living CRM tips from operators on the road

Four senior living operators share CRM tips and results from the Yardi Senior CRM Road Show. See what they learned and get the free white paper.

10 / 30 / 26

Fall 2026 Aspire product update

Fall 2026 Aspire product update: New tools for every role

The Fall 2026 Aspire product updates bring a supervisor dashboard, a custom dashboard builder, a new learning plan experience, Open Threads and enhanced surveys and polling.