NAICS Code 531110-02 - Apartments

Marketing Level - NAICS 8-Digit

Business Lists and Databases Available for Marketing and Research

Total Verified Companies: 42,423
Contact Emails: 41,106
Company Websites: 29,405
Phone Numbers: 38,866
Business Addresses: 42,423
Companies with Email: 18,779
Get Business List
NAICS CODE 531110-02
Reach new customers, connect with decision makers, and grow your business.
Pricing from $0.05 to $0.25 per lead
Ideal for: Direct Mailing Email Campaigns Calling Market Research ‐ Free Sample & Report, Custom Lists, and Expert Support — All Included
Looking for more companies? See NAICS 531110 - Lessors of Residential Buildings and Dwellings - 49,565 companies, 54,491 emails.

NAICS Code 531110-02 Description (8-Digit)

The Apartments industry is a subdivision of the Lessors of Residential Buildings and Dwellings industry, which involves the renting or leasing of residential properties to tenants. Specifically, the Apartments industry refers to the rental of self-contained units within multi-unit buildings, typically with shared common areas such as hallways, elevators, and parking lots. These units can range in size from studios to multi-bedroom apartments, and may be furnished or unfurnished. The industry is highly competitive, with operators competing on factors such as location, amenities, and rental rates.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 531110 page

Tools

Tools commonly used in the Apartments industry for day-to-day tasks and operations.

  • Property management software
  • Online listing platforms (e.g. Zillow, Apartments.com)
  • Tenant screening services
  • Maintenance and repair tools (e.g. power tools, paint supplies)
  • Cleaning supplies and equipment
  • Security systems and cameras
  • Lease agreement templates
  • Accounting and bookkeeping software
  • Marketing and advertising tools (e.g. social media, email marketing)
  • Customer relationship management (CRM) software

Industry Examples of Apartments

Common products and services typical of NAICS Code 531110-02, illustrating the main business activities and contributions to the market.

  • Luxury apartments
  • Student housing
  • Senior living apartments
  • Affordable housing
  • Serviced apartments
  • Corporate housing
  • Garden-style apartments
  • High-rise apartments
  • Loft apartments
  • Co-living spaces

History

A concise historical narrative of NAICS Code 531110-02 covering global milestones and recent developments within the United States.

  • The history of the Apartments industry dates back to ancient Rome, where the first multi-story apartment buildings were constructed. However, the modern concept of apartments as we know them today emerged in the 19th century in Europe and the United States. In the US, the first apartment building was built in New York City in 1870. The industry grew rapidly in the early 20th century, with the construction of large apartment complexes in urban areas. During the Great Depression, the industry suffered a setback, but it rebounded after World War II with the construction of affordable housing for returning veterans. In recent years, the industry has seen a shift towards luxury apartments with high-end amenities, such as fitness centers, swimming pools, and concierge services. In the United States, the Apartments industry has experienced significant growth in recent years. According to the US Census Bureau, the number of renters has increased by over 9 million since 2005, with millennials being the largest group of renters. The industry has also seen a shift towards urbanization, with more people moving to cities and renting apartments instead of buying homes. The rise of the sharing economy has also had an impact on the industry, with companies like Airbnb offering short-term rentals in apartments. Overall, the Apartments industry has become an important part of the US housing market, providing affordable and convenient housing options for millions of Americans.