Apartment List, a leading AI-powered rental platform, today announced the launch of Kaleno and Sunny, two new products that extend its mission of making the rental search easier, faster and more rewarding for renters. The launch builds on Apartment List’s more than a decade of helping millions of renters find their next home. This marks the company’s next chapter of growth: two new platforms designed to ease the burden of the apartment rental search and put money back into renters’ pockets. Both platforms launched in beta today.
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The Kaleno apartment search experience
“For decades, rental platforms were built on the assumption that renting is temporary, a stop on the way to owning. That assumption is broken,” said Matthew Woods, CEO of Apartment List. “Half of all young adults in this country rent, and a growing share will rent for years or forever. The companies that will win in the next decade of renting will be building platforms that do the work and look out for the renters’ evolving interests.”
Kaleno and Sunny are distinct brands with distinct jobs, each with its own experience, both built on Apartment List’s national inventory and operator relationships.
About Kaleno:
Kaleno is an AI agent that takes on the search and coordination that has always fallen to the renter – which takes an average of 3 months from initial search to signing a lease. The renter shares their budget, neighborhoods, and how they want to live. From there, Kaleno does the work: sourcing listings, reaching out to leasing teams, scheduling and booking tours, and looping the renter in only when a decision is theirs to make. It keeps working in the background, so a renter can step away and come back to a summary of new responses, newly available units, and price drops. As priorities shift, Kaleno adapts without making a renter start their search over.
“Most rental search sites have tacked on an AI chat experience,” said Lawrence Kennedy, Head of Product at Apartment List. “Kaleno, however, is the first AI agent that a major rental platform has built from the ground up, focused on a truly re-imagined experience, wired into real property data and trained on millions of renter decisions. The more it learns, the better it gets at putting the right home in front of the right renter.”
About Sunny:
Sixty percent of renters state price as the single most important factor in choosing an apartment. Sunny was built with this in mind, making it the only major rental marketplace that rewards renters for finding their next apartment.
Sunny surfaces listings that fit renters’ stated needs, layers in price drops and special offers, and pays cash back when a renter signs a lease. Renters can also search for apartments, condos, townhomes and other residential rentals across a wide range of markets, spanning a variety of price points, sizes and amenities. Eligible listings are easy to spot by the Cash Back badge on the map or by filtering for Cash Back properties.
The model is built around a simple idea: renters win with cash back, listers with motivated and qualified tenants.
The launch of Kaleno and Sunny marks Apartment List’s next phase of growth. To date, the company has more than 7 million rental units on the platform and has helped millions of renters find their next home.
Learn more about Kaleno at https://kaleno.com and Sunny at www.sunny.com.
About Apartment List
At Apartment List, we match renters with homes they’ll love. Our AI-powered platform takes the stress out of leasing—helping renters find the right fit faster, and helping multifamily partners attract, nurture, and retain residents across the renter journey. With more than 7 million rental units on the platform, Apartment List has helped millions of renters find their next home since its founding in 2011.
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