Renting a house near IKEA offers convenience for shoppers, with proximity to the store often correlating with higher demand and competitive pricing. Key considerations include proximity to public transit, availability of family-friendly amenities, and access to local services. The average rent for a 3-bedroom apartment within a 5-mile radius of IKEA’s U.S. locations ranges from $2,500 to $4,500 monthly, depending on location and market conditions.

The demand for housing near IKEA stems from its role as a major retail hub, attracting families and professionals seeking practicality. A 2023 Zillow report noted a 12% year-over-year increase in rental inquiries within 3 miles of IKEA stores, driven by the store’s popularity for home goods and its integration into suburban lifestyles. For instance, the IKEA in Frisco, Texas, saw a 15% rise in nearby rental listings in 2023, reflecting market growth. Additionally, commute times to IKEA stores are a critical factor; homes within 10 minutes of the store command premiums, as seen in a Redfin analysis showing a 7-10% rent premium in such areas. However, landlords near IKEA may face higher turnover due to seasonal shopping trends, necessitating flexible lease terms. Data from the National Multifamily Housing Council also highlights that 68% of renters prioritize proximity to big-box retailers like IKEA when choosing a neighborhood, underscoring its influence on rental markets. Balancing IKEA’s benefits with neighborhood dynamics ensures long-term tenant satisfaction and market competitiveness.