The Role of Smart Home Technology in Modern Multifamily Properties

smart apartment technology

Smart home technology for apartments is transforming multifamily living by making everyday life easier and more efficient. These innovations help property managers streamline operations, reduce costs, and create a more sustainable environment while improving the resident experience. 

Modern residents expect tech-enabled homes and smart technology plays a key role in attracting and retaining them. With features that improve comfort, security, and energy efficiency, smart home technology benefits both residents and property managers. Discover how smart apartment technology enhances living spaces, boosts efficiency, and adds value to your property. Explore its benefits and the best devices to invest in for a smarter, more connected community. 

What is Smart Apartment Technology? 

Smart apartment technology, also known as smart home technology, automates daily life in multifamily properties, boosting resident experiences and property management efficiency. These internet-powered devices create a connected living environment within individual units, and all managed through a centralized platform for property managers 

Smart apartments simplify tasks like package deliveries, work orders, self-guided tours, and HVAC monitoring, making life convenient for residents while streamlining operations for management. Existing multifamily buildings can seamlessly adopt smart technology without major infrastructure changes, making innovation accessible beyond new developments. A strong, property-wide Wi-Fi connection enables seamless integration, allowing smart devices to function efficiently with minimal disruption. 

Benefits of Creating Smart Home Apartments 

Building a smart apartment ecosystem brings significant benefits to both residents and property management. As proptech continues to expand, integrating smart technology into rental units early gives properties a strong competitive edge. 

Key advantages of smart apartments include: 

1. Elevating the Resident Experience 

Most of today’s residents expect technology-driven convenience in their living spaces. Growing up in the digital age, they value smart amenities that simplify daily life. Integrating innovative technology into your building can enhance the residents’ experience and meet their evolving needs. 

Smartphones have transformed everyday life, replacing car keys, credit cards, and even IDs. A mobile access control system is a must-have proptech solution that adds both security and convenience. Instead of carrying keys or fobs, residents can unlock their doors with their smartphones, creating a seamless and modern living experience. 

2. Remote Property Management Made Easy 

Investing in proptech becomes even more effective when smart apartment devices seamlessly integrate with your property management software. This integration allows property managers to access resident information, handle maintenance requests, and manage real estate automation settings from a single platform. 

Smart home automation also streamlines property upkeep by detecting device malfunctions in real time, enabling quick remote fixes. Cloud-based technology ensures fast, efficient management from anywhere. By leveraging remote capabilities, property managers can enhance efficiency, improve resident satisfaction, and save valuable time. 

3. Enhanced Resident Safety 

Smart intercoms, locks, and sensors create a safer living environment for residents. Video cameras and keyless entry systems let residents monitor who enters and exits their property without direct interaction, adding both security and convenience. 

Investing in proptech solutions with features like amenity space reservations and occupancy tracking ensures shared spaces remain comfortable and well-managed. By preventing overcrowding, these tools help residents enjoy community spaces safely. Prioritizing smart technology enhances security, promotes well-being, and elevates the overall living experience. 

4. Reduce Operating Costs and Boost Retention 

Attracting new residents costs more than retaining existing ones, but smart property technology helps lower expenses in both areas. By integrating smart solutions, you minimize marketing and turnover expenses while maintaining steady rental income. 

Best Smart Home Devices for Apartments 

The market offers several smart devices for apartments, but not all proptech delivers the same value. Residents always prioritize security and convenience over everything else. Choosing technology that enhances their everyday experience ensures greater satisfaction and long-term value. 

1. Lights and Outlets 

Smart lights and outlets give residents full control over their lighting and appliances from anywhere. With automated scheduling, lights and devices turn on and off as needed, preventing energy waste. Many smart controllers also Include voice command features and real-time energy usage alerts, making daily life convenient and cost-effective. 

2. Video Intercom Systems 

A video intercom system makes keyless entry seamless and secure. Residents can easily access the building using their smartphones or unique PIN codes, eliminating the need for traditional keys. 

A video intercom enhances security by allowing residents to visually confirm visitors before granting access. It also helps prevent package theft and unauthorized entry.  

Integrating a video intercom with front desk station software further strengthens building management. Staff can monitor live video feeds, communicate directly with visitors and residents, and manage access efficiently.  

3. Keypad Access Control 

Keypad access control enhances convenience and security for residents by eliminating the need for physical keys. With this system, residents can easily enter amenity spaces and auxiliary entrances by entering a PIN code or tapping their smartphone. They can also unlock doors remotely for guests, making access seamless and hassle-free. This smart solution simplifies daily life. 

4. Thermostats and Blinds 

Smart thermostats and blinds make it easy for residents to maintain the perfect indoor temperature, even when they are away. 

These devices keep apartments comfortable by adjusting settings throughout the day. Smart thermostats regulate heating and cooling, ensuring pets stay comfortable and energy is not wasted. Meanwhile, smart blinds manage sunlight to maintain the ideal temperature. Together, they create a seamless, energy-efficient living experience. 

5. Self-Guided Tour Platform 

Self-guided tour platforms give prospective residents the freedom to explore properties at their convenience. By offering these tours, properties can schedule more visits each day while freeing up staff from in-person shows, making the leasing process more efficient. 

Setting up self-guided tours is simple with the right proptech tools. Start by implementing an online reservation system, allowing prospects to book tours directly through your website without coordinating with leasing staff. Then, install smart locks on amenity spaces and model units, enabling visitors to access them securely using a PIN code or their smartphones. With these upgrades, properties can provide a seamless, modern touring experience that benefits both residents and management teams. 

Smart Home Technology: The Future of Property Management 

Smart home technology transforms property management, giving managers powerful tools to enhance resident satisfaction and gain a competitive edge. By integrating these smart solutions, property managers can attract the right residents and boost profitability. 

At BFPM, we understand the importance of smart home technology and utilize our proven process to help property managers modernize their properties.  

Contact us today at BFPMInc. to explore smart home solutions that fit your needs and budget. Let us work together to elevate your property management and drive long-term success. 


Trevor Henson

Trevor Henson is an experienced entrepreneur (10+ highly-successful start-ups) and property investor with a demonstrated history of building and leading teams in investment property management environments, maximizing returns for property owners, and optimizing properties through construction management and re-positioning. He…
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Frequently Asked Questions(FAQs)

You can turn your apartment into a smart home by installing smart devices like Wi-Fi-enabled thermostats, smart locks, voice assistants, smart lighting, and security cameras. Start with a smart hub or app to control everything seamlessly

Smart switches are resident-friendly, especially when they do not require rewiring. Many models use adhesive mounts or replace existing switches without permanent modifications, making them easy to install and remove without damaging the property.