3 Things to Consider Before Renting to Students

Whether you have a second property that you’re going to move into or you’re planning on being away from your dwelling place for a while, you may be considering putting your home on the market in order to boost your financial outlook. While students comprise one demographic that is always entering the rental market to scoop up available properties, here are some things you may want to consider before deciding on a younger renter.

Will Your Home Be Rented Consistently?

Many students will require a place to rent out since most of them don’t have the money savings or stable income to purchase a home, but if you’re doing this to make ends meet on your properties, renting to student may not be the best way. While some students may plan on hanging out over the summer, there are those who will be heading home in order to live with their parents and save money for the Autumn semester. A contract’s a contract, but a renter can always flee the coop if it’s inconvenient.

Will They Take Good Care Of Your Home?

From furniture to family mementos, most people’s home is pretty personal to them, and that’s why it can be of supreme importance to have a renter that will respect your home and take good care of it in your absence. While there are plenty of responsible students in the world, you should ensure before settling on anyone that it’s someone you really trust who won’t damage your house or wake up the neighbors every Saturday evening.

What Rental Price Are You Looking For?

If you’re trying to make financial ends meet with your property, you’ll probably want to charge the maximum amount you can while still having a renter in your home. The risk with students is that they may not be able to pay the dollar amount you’re looking for so that you can effectively maximize your investment. While this doesn’t necessarily mean you’re taking the financial brunt, it’s important to get the monthly amount that your living space can garner on the market.

There can be a number of downfalls when it comes to renting to students, but there’s also the possibility that you’ll have a responsible renter who will stick around for more than a couple seasons. If you’re currently on the market for a second home, please contact me for more information.

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2319 E Earll Drive Phoenix, AZ 85016

$570,000

3 Beds

2 Baths

1,416 SqFt

Status Active

MLS # 6747987

Property Type Single Family Residence

Price Type --

Welcome to this freshly updated 3-bedroom, 2-bathroom gem close to all of the action of Arcadia and Central Phoenix! Boasting a modern, neutral aesthetic with designer touches throughout, it offers comfort and style at every turn. Enjoy outdoor living with covered patios in the front and back, a charming porch swing, and a generously sized backyard complete with a pool and firepit—perfect for entertaining. Additional features include a storage room off the 1-car carport. Conveniently located near freeways, restaurants, and shopping, Enjoy the freedom and flexibility of homeownership with no HOA restrictions.

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13408 W Lariat Lane Peoria, AZ 85383

$570,000

3 Beds

2 Baths

1,781 SqFt

Status Active

MLS # 6769987

Property Type Single Family Residence

Price Type --

This 2022 3bdrm 2bath home is on one of the larger lots in Rancho Cabrillo. The home includes an additional bonus room, extended driveway pavers, and a large side vehicle gate. The kitchen opens up to the great room and dining room. Four panel sliding glass doors open up to the backyard entertaining area which includes a covered back patio, built-in BBQ, pool with water feature, and sun deck. The pool deck is surrounded by travertine pavers. The backyard also includes a fire pit and artificial turf. You will enjoy plenty of pool parties, and BBQ's in this beautiful backyard. Don't miss out on this one-of-a-kind gem! Seller is related to Listing Agent.

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2245 Bear Claw Drive Overgaard, AZ 85933

$570,000

3 Beds

3 Baths

2,152 SqFt

Status Active

MLS # 6769611

Property Type Single Family Residence

Price Type --

Located in the heart of Heber-Overgaard, this charming log cabin is a true gem in Bear Country Estates. Set on a corner lot within a gated community, it boasts vaulted ceilings and an open floor plan that creates an inviting atmosphere. The interior features stunning knotty pine T&G ceilings and cozy knotty pine wood doors, while a rock-faced wood-burning fireplace adds warmth to the living space. Chalet windows frame the picturesque views of blue spruce trees outside. The modern kitchen is equipped with stainless steel appliances, and barn doors lead to a convenient laundry area. Upstairs, offers wood-stained interior doors and double doors leading into the master suite and luxurious dual sink master bath, complete with a garden tub/shower. Recent upgrades include a new roof and HVAC.... unit, both replaced within the last two years. The property also includes a detached two-car garage and is conveniently located near local services and forest service access, making it an ideal retreat for nature lovers. View Today!

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29810 W Bellview Street Buckeye, AZ 85396

$570,000

4 Beds

2 Baths

1,900 SqFt

Status Active

MLS # 6777916

Property Type Single Family Residence

Price Type --

Come and see this beautiful house with neutral tones through out, open floor plan, lots of natural light in the living area. Huge island in kitchen. Split floor plan, the back patio is huge, this house has pleanty of land, over 1 acre ready for you to give it your personal touch.

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3790 E Chickadee Road Gilbert, AZ 85297

$570,000

4 Beds

2.5 Baths

2,174 SqFt

Status Active

MLS # 6776177

Property Type Single Family Residence

Price Type --

HUGE $20k Price reduction & at least $5,000 towards buyers closing costs. Beautifully Remodeled Contemporary Home - Move-in Ready! Discover this freshly updated home featuring modern upgrades and elegant finishes throughout. New interior and exterior painting sets the tone, while luxury vinyl flooring adds style and durability. Step into a fully remodeled kitchen showcasing a custom wood range hood, high backsplash, and a farmhouse undermount sink for a sophisticated touch. Enjoy a dedicated wine area and all-new stainless steel appliances. The open-concept layout is enhanced with recessed LED lighting and stylish new fixtures, creating a warm and inviting ambiance. Relax in the luxurious, fully remodeled bathrooms designed with contemporary finishes. Rest easy with new AC This home combines style and functionality, ready to welcome its next owner. Don't miss the opportunity to own this thoughtfully renovated gem!

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7710 E Gainey Ranch Road Unit 142 Scottsdale, AZ 85258

$570,000

2 Beds

2.5 Baths

1,154 SqFt

Status Active

MLS # 6778206

Property Type Townhouse

Price Type --

Wonderful Gainey Ranch townhome! Two main bedrooms with baths, one downstairs and one upstairs, half bath and 1 car garage. Living room with wood burning fireplace and vaulted ceiling. Loft area with space for an office or sitting area. Downstairs opens to large patio area. Light and bright with shutters. Laundry is in garage. New HVAC 2021. Livable or potential for fantastic remodel. Gainey Ranch offers miles of golf course walking paths and beautiful surrounding lakes. Workout, tennis and pickle ball courts, two community pools estate club pools.

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1548 N Seton Street Mesa, AZ 85205

$570,000

4 Beds

2 Baths

2,009 SqFt

Status Active

MLS # 6784023

Property Type Single Family Residence

Price Type --

Updated family home in Alta Mesa. Large corner lot. Home has been stylishly updated. Both bathrooms have double sink and recently updated. Kitchen is huge and open to large family room. Updated countertops and flooring. Large patio doors from family room and master bedroom make for a lovely indoor/outdoor feel. Large master bedroom and walk in closet. Fireplace in family room has been recently updated. Mature landscaping makes the backyard truly an oasis. Large diving pool with hot tub. Huge mature ficus trees and citrus trees. Large side yards and L shaped porch. Three car garage with additional storage. Two sheds in the backyard for additional storage. One shed has been built to be an office. Has power, AC and finished walls and flooring.

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10314 E Kristen Lane San Tan Valley, AZ 85143

$570,000

3 Beds

2 Baths

1,470 SqFt

Status Active

MLS # 6789792

Property Type Single Family Residence

Price Type --

For Sale or for Rent, This home offers 3 bedrooms, 2 bathrooms, 8 horse stalls with a turn out 2 RV hookups sits on1.25 acres, fully fenced. New paint inside and out. leased solar for $110 a month, shared water well for a fee of only $25 a month. bring your horses, your RVs, and toys. Welcome home.

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16180 W Glenrosa Avenue Goodyear, AZ 85395

$570,000

5 Beds

3.5 Baths

3,066 SqFt

Status Active Under Contract

MLS # 6651477

Property Type Single Family Residence

Price Type --

Embrace the beauty of this wonderful 5-bedroom haven in Palm Valley! This home has a split floorplan, spacious primary bedroom with a remodeled walk-in shower, his and hers vanities and a walk-in closet. This home also features a MIL suite with it's own entrance from the courtyard and private bathroom PLUS an extended driveway with an RV Gate. The open-concept kitchen displays recessed lighting, a pantry, staggered cabinetry adorned with crown moulding, granite counters & backsplash and stainless steel appliances. Lastly, the backyard features a covered patio and a shimmering pool, perfect for warm summer days! Hurry! This gem will surely impress you!

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5153 N Main Drive Apache Junction, AZ 85120

$570,000

3 Beds

2 Baths

1,640 SqFt

Status Active Under Contract

MLS # 6690299

Property Type Single Family Residence

Price Type --

Beautiful 2.5 acres close to freeway, and surrounded by views, clear skies, city lights and peace and quiet! This 3 bedroom, 2 bath home has updating and room for the family. Updates include engineered wood flooring, Thermaster energy efficient windows, French doors, beadboard, stainless appliances, new roof and more. The great room is open concept with wood beams and a real wood burning fireplace. Bring your toys and horses as there is room for all! This horse property/mini farm has 2 stalls, a barn or 2 car garage, storage shed and a carport. Home has it's own well. The east 1.25 acres share a well with one other and can be subdivided. Easy to show. This property has something for everyone!

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1718 W Commerce Avenue Gilbert, AZ 85233

$570,000

4 Beds

2 Baths

1,794 SqFt

Status Active Under Contract

MLS # 6792265

Property Type Single Family Residence

Price Type --

This amazing pool home is located in the desirable golf community of El Dorado Lakes. The unique lot offers a huge side yard and an RV gate. This home offers a bright and spacious feeling due to the vaulted ceilings, bright new neutral paint, and bay windows. The formal living room flows into the family room for easy entertaining. The kitchen comes equipped w/white cabinetry, granite counters, built-in SS appliances, & an island. The primary bedroom en-suite with dual sinks, garden tub, shower, and walk-in closet. The bedrooms are nicely sized and newly painted. Large play pool with water feature and in-pool bench with table for those hot days when you just want to relax in the water. The home also offers a rare 3-car, temperature controlled garage w/ 2 ton mini split unit.

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10209 W Mustang Drive Casa Grande, AZ 85194

Open House

$570,000

3 Beds

2 Baths

2,160 SqFt

Status Active

MLS # 6796010

Property Type Single Family Residence

Price Type --

Stunning Custom Build, 3 Bed/2 Bath with a Spectacular Views on nearly 1/2 ACRE in a cul-de-sac. Gorgeous kitchen has upgraded cabinets with pull out shelves, granite counters, island, gas range, stainless steel and beautiful backsplash. Open floor plan with tile throughout the main living areas. Huge master bedroom with room for a sitting nook, walk-in closet and ensuite bathroom. Master bath has dual sinks, spa shower, & private toilet. Laundry room has a sink & extra storage cabinets. Oversized garage that is 33' by 23' and tons of cabinets, as well as a rear service door. Home built with handicap accessibility. Even more storage in the attic. Relax in this lovely backyard with lots of privacy for your very own desert oasis.

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