Interior design trends are constantly changing and evolving as the years go on. However, some will always be in style. Landlords and property managers need to keep up with interior design trends to keep their properties up-to-date and appealing to renters of all ages. In the video below, we’ll review some trends that are “in” this year, what’s “out,” and how to design and decorate a rental property that appeals to everyone.
2024 Interior Design Trends for Rental Homes
Dive into 2024’s Hottest Interior Trends! Transform your rental space into a stylish oasis with our expert insights! From must-have designs to what’s passé, we’ve got the tea! Perfect for renters and landlords alike. Hit subscribe, ring the bell, and let’s elevate your space together!
Key Moments in the Video
- 00:45 – What Interior Design Trends are “In” this Year?
- 03:38 – Which Design Trends are “Out” in 2024?
- 05:24 – Tips for Designing and Decorating a Rental Property
Do Renters Care About Interior Design?
Yes, renters do care about interior design. Many people, especially those who work from home, spend a lot of time in their homes. As such, it’s important to create a comfortable, cozy, and inviting environment for both tenants and their guests.
Whether or not you decide to furnish a rental property is up to you. However, there are several ways you can make your property appealing, whether you get creative with paint, smart home technology, or multifunctional spaces.
Landlords and rental property management companies in Washington, DC, need to keep up with interior design trends to keep tenants interested and properties occupied. Next, we’ll review some of the design trends that are “in” for this year.
What Interior Design Trends Are “In” This Year?
Home decor and interior design trends are ever-changing; some even start to cycle back years (or decades) later. In recent years, we’ve seen trends of neutral colors, minimalism, and energy efficiency. While these are still prevalent today, more trends are coming through and making their mark on home design this year. Here are some trends that are “in” this year.
- Sustainable and Eco-Friendly Designs
- Smart Home Technology
- Biophilic Design Elements
- Bold Colors and Patterns
- Multifunctional Spaces
Sustainable and Eco-Friendly Designs
Sustainability and eco-friendliness are not new trends by any means. However, they remain relevant as many people care about the environment and rising issues. So, it only makes sense to incorporate sustainable and eco-friendly materials and practices into your interior design. For instance, you can use renewable resources like bamboo or cork flooring, recycled materials, and low VOC (volatile organic compound) paints and finishes. You can also make your rental more energy-efficient with LED lighting, solar panels, and water-saving features.
Another trend that is not new but still relevant is smart home technology. Smart home technology allows tenants to control various aspects of their rental property with just their smartphone, optimizing energy usage and enhancing security. For instance, smart thermostats, lighting systems, security cameras, and automated window treatments are among the most popular features for rental homes. Incorporating these smart home features enhances convenience, comfort, and energy efficiency, potentially attracting more tenants.
Biophilic Design Elements
Who doesn’t like to feel connected with nature? Biophilic design seeks to reconnect people with nature by incorporating natural elements like plants, natural light, water features, and organic materials in interior spaces. As you can imagine, this design approach can improve well-being, reduce stress, and increase productivity and creativity within the home. If you’re wondering how to incorporate some of these elements, you may consider installing large windows with views of nature or using natural textures and materials like wood and stone throughout your rental home.
Over the past few years, we’ve seen an emphasis on neutrals. However, this year, we’re switching things up with bolder colors and patterns. While there’s nothing wrong with staying neutral in terms of design, your renters may be drawn toward more personality or visually appealing features in a rental home. For instance, you could take things lightly with an accent wall or spice things up with fun, colorful wallpaper in some areas of the rental home. Remember, it’s important not to go too personal while designing a rental home, as tenants will likely want to make the space their own.
Multifunctional Spaces
During the pandemic, many people started to work from home. While some went back to their offices, some never left the work-from-home scene. Now, there’s a growing demand for rental properties with multifunctional spaces that can adapt to different needs and activities. So, if you’re offering a furnished rental property or short-term rental, you may incorporate innovative solutions like furniture that serves multiple purposes, built-in storage, or sliding partitions that can create privacy or open up spaces when needed. These can all attract tenants who spend a lot of time in their homes.
Which Design Trends Are “Out” in 2024?
Some interior design trends are simply overdone or outdated. That said, rental property owners need to know what to avoid while staging or designing a rental home that will attract tenants. Here are a few points to keep in mind.
- Ultra-Minimalism
- Cheap Furniture
- Too Much Gray
- Overly Industrial Styles
- Excessive Tech Integration
Ultra-Minimalism
Minimalism definitely has its appeal. However, an overly minimal aesthetic may seem cold, boring, or unwelcoming to some renters. In 2024, we’ll likely start to see more desire for cozy, more inviting interiors with a bit more personality and warmth.
Cheap Furniture
Investing in quality furniture and materials can make a huge difference in a rental property’s overall look and feel. Cheap, poorly made furniture can not only take away from the aesthetic appeal of the space but can also break or wear down quickly, leading to additional expenses for replacements.
While gray has been a popular neutral color in interior design for several years, it’s important not to overdo it. Too much gray can make a space feel dull and uninteresting. Renters may be looking for more variety and contrast in color schemes, especially since bolder colors and patterns are starting to come back.
Overly Industrial Styles
Industrial-inspired elements, like exposed pipes, concrete floors, and metal fixtures, have been trendy in recent years. However, an overly industrial aesthetic can feel a bit cold and impersonal. In 2024, renters might look for more inviting interiors with more balance between industrial elements and warmer touches.
Excessive Tech Integration
While smart home technology has its benefits, too many gadgets and automation may feel overwhelming in a living space. Some renters might prefer a more subtle approach to tech integration, emphasizing convenience and comfort without taking over the home’s aesthetic.
Tips for Designing and Decorating a Rental Property
Whether you own a short-term or traditional long-term rental property, there are plenty of ways to incorporate this year’s interior design trends. Here’s how to create a trendy, functional space for all renters.
- Focus on Durability- Choose durable and easy-to-clean materials for floor and countertops that will withstand the wear and tear of a rental property. Materials like hardwood for floors or quartz may cost more initially, but they last longer than other cheaper solutions.
- Embrace Sustainable Design- Most renters value sustainability, and adding eco-friendly design elements to your rental is not difficult. So, consider adding energy-efficient appliances, LED lighting, and eco-friendly materials.
- Maximize Flexibility- Design your rental with flexibility in mind to accommodate different tenant needs and preferences. Flexible layouts and storage solutions can help maximize space in smaller rental units.
- Create Comfortability- Create a comfortable and inviting atmosphere by incorporating biophilic design elements. You can easily do this by adding indoor plants, natural light, and organic textures.
- Provide Essential Amenities- Furnish your rental with essential amenities to make it move-in ready for tenants. Provide the essentials like kitchen appliances, a washer and dryer, and effective storage solutions.
Keep Your Rentals Up-to-Date With BMG
Staying up-to-date with interior design trends is important for landlords and property managers–especially if you want to attract more tenants. Luckily, most trends in 2024 are not too difficult to keep up with, as many renters value energy efficiency, smart home technology, and warm, inviting spaces.
Need More Advice? contact us today!
If you need help staging or marketing properties that appeal to modern tenants, consider hiring professional property management. Bay Property Management Group offers comprehensive rental management services, including marketing, tenant screening, maintenance, and more. Contact us today to learn more about our services throughout Baltimore, Philadelphia, Northern Virginia, and Washington, DC.