3 Things to Consider Before Renting to Students

3 Things to Consider Before Renting to StudentsWhether 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.

1453 E South Fork Drive Phoenix, AZ 85048

$569,800
3 Beds
2.5 Baths
2,232 SqFt
Status Active
MLS # 6786801
Property Type Single Family Residence
Price Type --
Newly remodeled beautiful 3 Bedroom, 2.5 Bath home with Loft and Den in The Foothills Community. Fresh paint makes this home Open & Bright. Fireplace in Living room. Formal Dining, warm Family room w/tile. Large upgraded kitchen, backsplash, new stainless steel appliances , new quartz kitchen island and countertop. Good sized master bedroom upstairs with great view of Mountains , walk in closet. Master bath has double sinks , separate shower and tub and private toilet room. Downstair den can be converted to a bedroom. 90% Sun Blockage black screen. New equipment on pool 2024, exterior wall painted on 2023. Excellent Kyrene School District, quiet community, easy access to 202, only 10 mins convenient to shopping plaza and south mountain trail.

36600 N Cave Creek Road Cave Creek, AZ 85331

$569,500
2 Beds
2 Baths
1,558 SqFt
Status Active
MLS # 6765704
Property Type Townhouse
Price Type --
Welcome to your dream home in the heart of Cave Creek! This beautifully designed residential condo features 2 spacious primary bedrooms, each with en-suite bath. As you step inside, you'll be greeted by an open-concept living space that flows from the kitchen to the living room, perfect for entertaining or relaxing with family. Large sliding doors out to the balcony offer breathtaking views of the iconic Saguaro, allowing you to immerse yourself in the stunning desert landscape. The kitchen comes equipped with stainless steel appliances, ample cabinetry, and an inviting breakfast bar. Enjoy your meals with a view on your private patio, where you can soak in the tranquility of your surroundings. Residents of this community can take advantage of the fantastic amenities, including a sparkling, heated community pool available year round; with hiking trails literally right outside your door! Whether you are relaxing by the water or exploring the nearby hiking trails and local shops, you'll find plenty of ways to enjoy the serene desert lifestyle. This condo offers the perfect blend of comfort, style, and location. Dont miss your chance to own a piece of paradise in Cave Creek!

2852 W Gail Drive Chandler, AZ 85224

$569,500
3 Beds
2 Baths
1,923 SqFt
Status Active
MLS # 6787450
Property Type Single Family Residence
Price Type --
This beautiful single-level home exudes charm! Sellers have poured their hearts into keeping this home beautiful & maintained for you, including a NEW AC and SPLIT AC in 2019. Upscale paved drive and fresh exterior paint create impressive curb appeal. The inviting interior has a spacious living room with vaulted ceilings and natural light. The kitchen features black stainless appliances (no fingerprints!), crisp white cabinets, granite counters, breakfast bar, and subway tile backsplash, open to a great room with a cozy stone fireplace for chilly nights. Plus there's a bonus room with Barn Doors for an office or playroom! Stately French doors lead to the primary bedroom suite with dual sinks, step-in shower and walk-in closet. Out back there's new easy-care turf & paved seating areas! Wow, check out all of the goodies the seller has done to this lovely home: new upgraded garage opener/keypad system in 2022, window coverings in 2018, new heavy-duty window screens in 2022, newly painted cabinets in 2024, new turf and rock landscaping in 2022, upgraded living area ceiling fans in 2024, and a new sliding door off the den in 2024. You'll love everything about this neighborhood too! Walking distance to Goodman Elementary (a Chandler Traditional School) and local playground within the neighborhood, walk to Upland Christmas Lights at the holidays, next to an open grassy area for pets and kids, and Whole Foods/Starbucks shopping center is across the street!

1318 W Via Del Palo -- San Tan Valley, AZ 85140

$569,098
2 Beds
2.5 Baths
2,024 SqFt
Status Active
MLS # 6787433
Property Type Single Family Residence
Price Type --
MLS#6787433 April Completion! Located in the Ovation at Meridian community, the Powell floor plan is a beautifully designed single-story home from the Inspiration Series, offering 2,024 sq. ft. of living space with 2 bedrooms, 2.5 bathrooms, and a 2-car garage. The foyer welcomes you with a flex room on one side and a second suite with its own private bathroom on the other, conveniently positioned near a half bath. The open-concept gathering room and kitchen create a seamless flow, leading to the owner's suite tucked away in the corner for privacy. The spacious covered outdoor living area is perfect for creating your own backyard oasis. Structural options include: extended covered patio, 12ft sliding glass door, garage service door, whole house quartz, utility sink at laundry room.

16865 W Cavedale Drive Surprise, AZ 85387

$569,072
4 Beds
4 Baths
2,531 SqFt
Status Active
MLS # 6790285
Property Type Single Family Residence
Price Type --
FORMER MODEL. This award winning floorplan comes equipped with a beautiful, gourmet kitchen ideal for culinary enthusiasts. With 4 bedrooms and 4 full bathrooms, this home offers both convenience and privacy for every member of the household. Two bedrooms feature ensuite bathrooms in addition to the primary suite, making it ideal for guests or multi-generational living. Designed with functionality in mind, you'll find 2 office spaces, perfect for remote work or a dedicated study area. With an open concept layout and full landscaped backyard, this home combines elegance and practicality, with thoughtful design elements suited for modern living. Perfect for those looking for a fully functional turnkey home in the heart of Surprise! All rooms are very spacious! READY NOW!

8791 W Kathleen Road Peoria, AZ 85382

$569,000
4 Beds
2 Baths
2,297 SqFt
Status Active
MLS # 6782048
Property Type Single Family Residence
Price Type --
Stunning 4-Bedroom Home with Pool in Arrowhead Shores Located in the desirable Arrowhead Shores neighborhood, this beautiful 4-bed, 2-bath home offers a private, new PebbleTec pool with updated pool equipment and a new roof. The spacious 3-car garage and open-concept living provide both comfort and convenience. The chef's kitchen features stainless steel appliances and granite countertops, while the master suite boasts a walk-in closet and spa-like en-suite bathroom. With no HOA fees, you'll have more freedom. Walk to top-rated schools and enjoy nearby shopping and dining. Don't miss out on this incredible opportunity! Schedule your showing today and make this dream home yours!

6512 N Loma Court Casa Grande, AZ 85194

$569,000
4 Beds
2.5 Baths
2,077 SqFt
Status Active
MLS # 6793633
Property Type Single Family Residence
Price Type --
New 2024 Country Style Home on close to Half Acre offering Mountain view & prime location just a couple of minute from I-10. Home features a modern split floor plan, this includes 4 bedrooms, 2.5 baths & a spacious family room. Primary suite boasts a double sink vanity & a porcelin surround shower for an added touch. The bright & airy kitchen is designed for both functionality & style, with stainless appliances, quartz countertops and white shaker cabinetry. Stylish wood plank tile flooring runs through the high traffic areas, while bedrooms are carpeted for comfort. Home also features the latest lighting features throughout. Enjoy the outdoors from the covered back patio, or take advantage of the 3 car garage & fully fenced block walls. HOA permits R.V.'s, Boats and other recreational Vehicles for a low $30 per month. This home is expected to be completed by the end of January 2025. Disclaimer: Photos & Matterport tour are for illustration purposes only and may not represent the exact finishes or amenities of the completed home.

4211 E Augusta Avenue Chandler, AZ 85249

$569,000
4 Beds
2 Baths
2,171 SqFt
Status Active
MLS # 6796335
Property Type Single Family Residence
Price Type --
Located in the desirable Sun Groves HOA, this home offers a perfect blend of modern amenities and tranquil living. Featuring a sparkling private pool, this residence is perfect for relaxation and entertainment. The master suite boasts dual sinks, a walk-in closet, and private backyard access, offering a personal retreat. The open floor plan creates a bright and welcoming atmosphere, while the HOA provides amenities like lush parks, walking paths, and scenic community spaces. Conveniently situated near top-rated schools, shopping, and dining, with easy access to major freeways, this home is an excellent choice for anyone looking to enjoy the best of Chandler living. Don't miss this opportunity to own a home that truly has it all!

1872 E Shannon Street Chandler, AZ 85225

$569,000 - 3Br/2Ba -  for Sale in Ashley Park, Chandler
New
$569,000
3 Beds
2 Baths
1,729 SqFt
Status Active
MLS # 6801564
Property Type Single Family Residence
Price Type --
Come see this Beautiful 3 bdr 2 bth home with a RV gate and Private Pool in a great part of Chandler. This home has a New Roof and HVAC unit. There are large tile floors in all the walkways and kitchen. The updated kitchen has granite counter tops, white cabinets, lots counterspace, a large island, and looks over into the great room so that you can be part of the entertainment. The dining area has picture windows of the back yard and pool. The large great room is perfect for family and friends to gather. The oversized primary bedroom has an ensuite complete with dual sinks, a private water closet, a soaking tub and separate shower, and a large walk-in closet. This split plan has two additional good-sized bedrooms that share a nice hall bathroom. Don't miss the inside laundry and 2 car garage. Enjoy the great Arizona weather in your private back yard where there is a private pool, mature citrus tree, grassy area to play, sitting area, paver and concrete patios, and much more. In addition, there is a large side yard with an RV gate. This home is close to great schools, shopping, freeways, and much more. Call today to schedule an appointment.

2627 N 30th Place Phoenix, AZ 85008

$569,000
2 Beds
1 Bath
800 SqFt
Status Active
MLS # 6688674
Property Type Single Family Residence
Price Type --
ATTENTION INVESTORS AND BUILDERS. Small rental home on this amazing RARE LARGE parcel size of 17,000sf!! Zoning is R1-6, so each lot (without a variance) needs a minimum of 6,000sf per lot, but many lots in the area are less than 6,000sf. No variance needed if you split the site into two lots and you could build one home on the South lot and keep the small home on the North lot as rental income ($1,500/mo) until you are ready to tear it down and build a new home. Phoenix zoning now allows ADUs (Additional Dwelling Units). Many new homes are being built in the immediate area and this is a RARE parcel size!! See photos with potential development ideas. Check with city to verify all info. Please don't disturb the tenants by walking the lot without permission from agent. THANK YOU!

1 E Lexington Avenue Unit 1101 Phoenix, AZ 85012

$569,000
2 Beds
2 Baths
1,261 SqFt
Status Active
MLS # 6720258
Property Type Apartment
Price Type --
Urban luxury living at your oasis in the city with million dollar views from the 11th floor of One Lexington, the premier high rise community in downtown Phoenix. This loft style contemporary is spacious and bright with floor to ceiling glass that capture dramatic views of the Phoenix City scape, along with picturesque surrounding mountain views. The kitchen is sleek and opens onto the main living space with custom cabinetry, stainless steel appliances and ample storage space. The primary bedroom windows frame the city beyond and the spa like bath has dual vanities, a soak tub, walk in shower and roomy closet space. The secondary bedroom offers flexibility and additional opportunities for endless sunsets and desert night skies.Amenities include front desk staff, a heated resort style pool and spa, built in outdoor grills, a full gym facility with free weights and a club lounge for special events, along with a dog run for your urban city furry friend. The unit has 2 assigned gated parking spaces, as well as a separate lockable storage locker. Walk or ride the light rail to sporting events, dining, theater, opera and museums: all within walking distance of your desert city oasis. Go to our website for more information.

18508 N Avalon Lane Surprise, AZ 85374

$569,000
2 Beds
2 Baths
2,021 SqFt
Status Active
MLS # 6691782
Property Type Single Family Residence
Price Type --
This well cared for 2 bedroom,2 bathroom plus den 2,021 square foot property offers many sought after features including a 2.5 car garage. Situated on Granite Falls North Course offering expansive views & beautiful sunsets.18 in tile floors on the diagonal except bedrooms.Kitchen corian counter tops,backsplash,new sink, stainless built in appliances & stone finish at breakfast bar.Extended breakfast nook bay windows with shutters & plenty of room for entertaining.Settle into the great room and take advantage of the gas fireplace finished with stone.Privacy doors at den.Primary suite has door to patio,bay windows,two sinks,separate tub & walk in closet in bathroom.Raised panel doors.Inside laundry with sink,W/D included.Side garage door & built in cabinets.Expaned patio & built in BBQ.