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Apartment complexes: Greystar - Nationwide vs. Equity Residential - Nationwide

Quick Verdict

Both Greystar and Equity Residential have their pros and cons. Greystar stands out with its community events and resident app, but faces criticisms regarding maintenance and cleanliness. Equity Residential offers flexible leasing options and online portals, but struggles with noise issues and maintenance responsiveness. Prospective renters should carefully weigh these factors and consider specific property reviews before making a decision.

Key features – Side-by-Side

AttributeGreystar - NationwideEquity Residential - Nationwide
Average rent for a 1-bedroom apartmentVaries significantly by location. In 2016, Seattle: $810-$3,798, Phoenix: $414-$1,598, Los Angeles: $921-$5,345. In 2024, Los Angeles: $2,000-$3,500.Not available
Security measuresUSPA Nationwide Security integrates advanced surveillance systems, access control, and on-site security personnel. Greystar uses the McAfee SECURE program on their websites.Equity Residential communities may have courtesy patrol services and/or limited access gates. These measures should not be interpreted as providing additional security or protection from criminal activities. Courtesy patrol officers primarily assist with after-hours resident issues, locking up community facilities, and monitoring parking lots. Some properties have security doors, but there have been instances of broken locks and security issues not being repaired promptly.
Pet policyAllows two animals or fewer per apartment, must be six months or older. Breed restrictions apply and may change without notice. Restricted breeds include Akita, American Bulldog, Chow Chow, Doberman, German Shepherd, Great Dane, Husky breeds, Malamute, Pit Bull breeds, Presa Canario, Rottweiler, Staffordshire Terrier, and St. Bernard. Additional security deposits, veterinarian statements, and consent forms may be required.Certain dog breeds are not permitted, including American Pit Bull Terriers, American Bullies, American Staffordshire Terriers, and Staffordshire Bull Terriers, and any dogs that are cross breeds of or are related to such breeds. Residents may be required to have a licensed veterinarian verify their pet's weight and breed, and a photograph of the pet may be requested for the resident file. Pets/assistance animals must be on a leash and under the resident's control at all times when walking through the lobby and throughout all other common areas.
Availability of amenitiesVaries by property but can include walk-in closets, large windows, fresh air ventilation, high-efficiency appliances, fitness centers, swimming pools, parking facilities, and pet-friendly accommodations.Equity Residential offers a variety of amenities, but specific amenities vary by property. Recreational facilities and common spaces may occasionally be closed for maintenance or other reasons. Some complexes have pools, gyms, and clubhouses.
Parking options and associated costsVary. Some properties offer assigned parking spaces for an additional fee, such as $320/month. Covered parking/garages are also a desired amenity.Not available
Maintenance response time and qualitySome reviews indicate slow maintenance response times, requiring multiple requests. Other reviews mention ongoing, unresolved maintenance issues.Some reviews mention responsive management and maintenance teams. Maintenance requests can be submitted via the resident website. However, other reviews indicate slow or inadequate maintenance response, with some issues not being resolved even after multiple reports.
Lease terms flexibilityOffers both fixed-term leases and month-to-month rental agreements. Month-to-month agreements offer flexibility but are often more expensive. Breaking a lease may involve termination fees and notice periods.Equity Residential properties typically offer a variety of lease term options, which can vary by location and specific property. Generally, the minimum lease term is often twelve months, but some properties may provide the flexibility of shorter leases, such as six months or even month-to-month agreements, depending on availability and demand. 70% of survey respondents were favorable towards flexible leasing, and 50% said they'd be willing to pay an extra $500 upon move-in for flexible lease terms.
Community events and social activitiesCommunities host various events, such as pool parties, plant repotting events, grand openings, and holiday-themed events. They also hold charity golf events.Not available
Online resident portal featuresGreystar has a resident app for communication and services.Residents can submit maintenance requests and make payments via the online resident portal.
Noise levels and soundproofing between unitsSome reviews mention noise issues, such as hearing neighbors or disturbances.Some reviews mention noise issues, with thin walls and noise complaints. One review notes increased noise due to a window that couldn't be closed.
Utilities included in rentNot specified if utilities are included.Whether utilities are included in the rent can vary by community and specific apartment. Some residences may include certain utilities, such as water and trash removal, in the monthly rent, while others may require tenants to set up their own utility accounts for electricity, gas, and internet services.
Square footage of available unitsIn Seattle, the average square footage for a one-bedroom apartment is 685 sq ft. In Phoenix, it is 707 sq ft, in Los Angeles, 742 sq ft, and in Houston, 756 sq ft.One review mentions a 688 sqft apartment. More generalized information was not found in the search results.

Overall Comparison

Greystar: Rent in Los Angeles (2024) $2,000-$3,500, Seattle (1-bed avg sqft): 685 sq ft. Equity Residential: 70% favorable towards flexible leasing.

Pros and Cons

Greystar - Nationwide

Pros:
  • Offers a resident app for communication and services
  • Offers community events and social activities
  • Offers both fixed-term leases and month-to-month rental agreements
Cons:
  • Some reviews indicate slow maintenance response times
  • Some reviews mention noise from neighbors and disturbances
  • Some reviews mention pest problems, including roaches
  • Some reviews suggest a lack of transparency and unexpected fees during the lease renewal process
  • Some reviews mention a decline in cleanliness and upkeep of common areas

Equity Residential - Nationwide

Pros:
  • No notable advantages reported.
Cons:
  • No major disadvantages reported.

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