Frequently Asked Questions
What exactly is geofencing for apartments?
Geofencing for apartments is a location-based digital advertising strategy that creates a virtual perimeter around a specific physical location. When a prospect enters that fence (such as a competitor's property or a local employer) their mobile device ID is captured, allowing you to serve them targeted ads for your community across their favorite apps and websites.
How does apartment geofencing target high-intent renters?
Apartment geofencing is highly effective because it targets people based on their physical behavior. By placing fences around competing leasing offices or major corporate hubs, you are reaching people who are actively touring apartments or relocating for work. This ensures your ad spend is focused on people with a high intent to lease in your specific submarket.
Can I target my competitors' properties with geofencing?
Yes. You can build a digital fence directly around a competitor’s property line. When a prospect visits their leasing office, they will start seeing ads for your community. This is one of the most tactical ways to stay on the shortlist of a prospect who is already physically looking for an apartment nearby.
How long does the ad follow a prospect after they leave a geofenced area?
Once a prospect’s device is identified within a geofence, we can continue to serve them ads for up to 30 days. This retargeting window is critical for multifamily marketing because it keeps your property top-of-mind during the weeks when a renter is comparing options and making a final decision.
How do you measure the success of an apartment geofencing campaign?
Traditional digital ads only track clicks, but geofencing for apartments allows us to track conversion zones. We can see when a person who was served an ad physically walks into your leasing office. This provides a clear metric for foot traffic and ROI beyond just website visits.
Is geofencing for apartments better than zip code targeting?
Zip code targeting is often too broad, reaching thousands of people who have no intention of moving. Geofencing for apartments is much more precise. Instead of targeting a 5-mile radius, you are targeting a specific property or building. This precision reduces wasted ad spend and increases the quality of the leads you generate.
Which locations should I geofence for my multifamily community?
The most successful campaigns target three main areas: direct competitors, major local employers (preferred employer programs), and high-traffic nearby locations like specialized shopping centers or university campuses. Targeting these locations ensures you are capturing the attention of your ideal demographic.
Is geofencing effective for new construction lease-ups?
Geofencing is an essential tool for lease-ups that need to generate high lead velocity quickly. You can target older, stabilized competitiors in the area, allowing you to intercept renters who are reaching the end of their current lease and introduce them to your new community at the exact moment they are considering a move.