Demand for rental housing has shot up in the last decade. People are moving more often, and homes for sale are in short supply. Developers have responded by building multifamily properties in downtowns and suburbs across the country. A surge of these new units is coming this year, which is expected to spur greater competition for prospective residents.

With a profusion of new inventory vying for their attention, today's renters have more options than ever. They’re looking for residences equipped with better and smarter technology — like high-speed internet, intelligent building systems and smart devices. A recent survey showed how multifamily developers, builders and owners are responding. In this report, you’ll learn what they have to say about:

• Why high-tech properties can draw higher rents
• How smart technologies help retain and recruit residents
• How upfront tech investments boost the property’s value

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