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.

30855 N 138th Avenue Peoria, AZ 85383

$559,000
3 Beds
2.5 Baths
2,181 SqFt
Status Active
MLS # 6792329
Property Type Single Family Residence
Price Type --
STUNNING 3BR 2.5BA + DEN Nestled on a PREMIUM Cul De Sac VIEW LOT in Award Winning Vistancia ! Chefs Kitchen Features EXPANSIVE Granite Slab Island , Staggered Cabinets, SS Appliance Package and Under Cabinet Lighting. Formal Dining area AND Breakfast Nook. Great Room w Great Views Via the MULTI Sliding Glass Doors. 9ft Ceilings , Central Vac and Tile Flooring Throughout ! Primary BR Split with Generous Closet , SOAKING TUB and Shower + Dual Sinks. Bedroom 2 is Split and next to FULL Bath #2. Enjoy the Sunrise from your Private Backyard Covered Patio with View Fencing. Tremendous Curb Appeal with Paver Driveway, Synthetic Turf and Lush Desert Landscape ! Garage with Storage Racks and Service Door.

15147 W Double Tree Way Surprise, AZ 85374

$559,000
2 Beds
2 Baths
2,240 SqFt
Status Active
MLS # 6798957
Property Type Single Family Residence
Price Type --
WOW!! This Luxurious Updated & expanded Coronado w Custom Kitchen cabinets w pull out roller drawers, spice racks, special custom dish holders, pantry & SS appliances. Kitchen counters & Island are beautiful granite w backsplash. Kitchen is open w 2 skylights for abundant lighting & breakfast bar. Gorgeous custom bathroom vanities, granite counters, duel sinks in Master & remodeled showers. The beautiful front courtyard for morning coffee & covered back patio for evening relaxation is what it's all about. Men, there are 3 full garages 20'' Diamond laid tile through out & wood flooring in the Master suite. Plantations shutters, in the Kitchen, Den/Ofc & Bedroom plus Bay window in the Master suite & Kitchen breakfast area are but a few of the many luxuries this home has to offer.

4636 E Danbury Road Phoenix, AZ 85032

$559,000
3 Beds
2 Baths
1,300 SqFt
Status Active
MLS # 6800167
Property Type Single Family Residence
Price Type --
Welcome home to your updated 3 bedroom, 2 bath desert oasis in Tatum Lane. Upon entry you are greeted by your family room with vaulted ceiling and cozy fire place. Gorgeous kitchen overlooking your backyard with white shaker cabinets, quartz countertops & stainless steel appliances. Luxury vinyl plank flooring throughout. Master bathroom boasts updated cabinetry and double sinks. Enjoy entertaining or relaxing in your sparkling pool & full length covered patio. 2 car garage. Close to shopping and 101 & 51 freeways!

27413 N 23rd Drive Phoenix, AZ 85085

$559,000 - 3Br/2Ba -  for Sale in Dynamite Mountain Ranch Section A, Phoenix
New
$559,000
3 Beds
2 Baths
2,313 SqFt
Status Active
MLS # 6800575
Property Type Single Family Residence
Price Type --
LOCATION LOCATION LOCATION! This single story home is located in the most sought ever popular Norterra Dynamite Mountain Ranch! Move in ready 3 bedrooms with a sizeable den, 2 bath and 2 car garage. Cozy front porch. Impressive entrance with Vaulted ceiling. Updated wood tile like flooring and newly installed carpet and paint. Center Kitchen island. Freestanding Stainless steel stove, so is the microwave. Neutral kitchen Backsplash to include the tech area. Spacious pantry. Master's bedroom with wide walk-in closet. Large Covered patio. Close to Shopping, Restaurants and Entertainment, and TSMC. Minutes to I-17. A MUST SEE!!!

1073 E Buena Vista Drive Chandler, AZ 85249

$559,000
3 Beds
2 Baths
1,938 SqFt
Status Active Under Contract
MLS # 6798781
Property Type Single Family Residence
Price Type --
Discover this beautifully updated home in the highly sought-after gated active adult community of Springfield. From the moment you step inside, this home impresses with its blend of elegance and low-maintenance living. The kitchen is a chef's dream, featuring granite countertops, tile backsplash, stainless appliances, and a large walk-in pantry. Flex space can be used as a formal dining area, den or more living space. The versatile third bedroom, currently used as a den, includes double doors. The luxurious main bedroom suite includes a large walk-in shower, dual sinks, built in storage and a cozy sitting area. The second bathroom is equally impressive, fully updated including marble countertops. Step outside to your resort-style backyard, perfect for entertaining. The expansive covered patio, tranquil fountain, and private pebble-tec play pool offer endless enjoyment. Springfield offers a guard-gated resort-style living with a golf course, clubhouse, pickleball, tennis, billiards, pools, & spa, workout facility, restaurant/bar & more.

624 S Kenwood Lane Chandler, AZ 85226

$559,000
3 Beds
2 Baths
1,795 SqFt
Status Active Under Contract
MLS # 6799601
Property Type Single Family Residence
Price Type --
This stunning 3-bedroom, 2-bathroom home is a perfect blend of comfort and luxury, offering two spacious living areas and an open-concept kitchen designed for today's lifestyle. Upon entering, you're greeted by a charming wood-burning fireplace, set against exquisite herringbone-tiled floors that add a touch of elegance to the space. The bright and inviting kitchen features white shaker cabinets, granite countertops, and a large island that's perfect for entertaining guests. The primary suite includes a luxurious walk-in shower, a double quartz vanity, and an abundance of closet space for all your storage needs. Step outside to a lush green backyard with a sparkling pool—the perfect spot to enjoy sunny Arizona days. Relax under the huge covered patio, ideal for outdoor dining & gatherings And with NO HOA and a 2-car garage, there's plenty of room for all your toys! This home is situated in a prime location corner lot, just minutes from Chandler Mall, Target (sorry, husbands of Arizona!), and offers convenient access to the 202 freeway. With so much to offer, now is the perfect time to make this beautiful home yours!

1721 S Shafer Drive Tempe, AZ 85281

$559,000 - 3Br/2Ba -  for Sale in Parkside Manor 4, Tempe
New
$559,000
3 Beds
2 Baths
1,776 SqFt
Status Active
MLS # 6795481
Property Type Single Family Residence
Price Type --
Newly Renovated Gem in the Heart of Tempe! Welcome to this beautifully renovated home featuring a bright, open floor plan perfect for modern living and entertaining. Every detail has been updated to create a stylish and comfortable space. The kitchen boasts sleek finishes, new appliances, and granite countertops, seamlessly flowing into the spacious living and dining areas. Ideally located just minutes from ASU, this property offers unbeatable convenience for students, faculty, or anyone looking to enjoy Tempe's vibrant lifestyle. Minutes away from brand new Clark Park with a wide range of amenities: community center, pool, basketball courts, children's playground, volleyball court, etc. Whether you're seeking a new home or investment in a prime location, this property is a must-see!

4850 W Erie Street Chandler, AZ 85226

$559,000
3 Beds
2 Baths
1,867 SqFt
Status Active
MLS # 6789171
Property Type Single Family Residence
Price Type --
3 bedroom, 2 full bath, plus a flex room that can be a bedroom, office,or a den. Original owner has enjoyed this home and is ready to pass it on to you! The front entry leads you into the living and dining room. Continue on into the kitchen and great room. Enjoy breakfast at the island, or relax at your kitchen table with a view of the spacious patio and yard. NEW A/C AND ROOF (underlayment) 2024. Located 1 block from Intel, and convenient to freeways, restaurants, schools, shopping. Buyer to verify all material facts and measurements.

6843 W Samantha Way Laveen, AZ 85339

$559,000 - 4Br/2Ba -  for Sale in Mcclellan Ranch Parcels 1 2a 3a & 6a, Laveen
New
$559,000
4 Beds
2 Baths
1,833 SqFt
Status Active
MLS # 6801213
Property Type Single Family Residence
Price Type --
This stunning Model Home home is now for sale in the Gated McClellan Ranch Community! Welcome to one of Phoenix's best move-in-ready properties with Designer Finishes & Upgrades. It's charm starts with stone accent details, exterior window shutters and a 2-car garage w/epoxy flooring. The home exudes elegance with stylish light fixtures, a neutral palette, tons of natural light, tile floors in common areas, and carpet in bedrooms. The Mason floorplan offers a large and open layout. The gourmet kitchen boasts SS appliances w/cooktop gas, granite counters, recessed & pendant lighting, a pantry, staggered shaker cabinetry, and a prep island w/breakfast bar. Main bedroom has an ensuite with dual sinks & a walk-in closet. Laundry room with a sink. The backyard is complete with artificial turf, landscpaed trees/plants & a covered patio to relax. Enjoy the parks, sport fields, ramadas, tennis court, & playground within this community! Reach out for more information on Builder Design and Spec Details. Welcome home!

23637 N 22nd Street Phoenix, AZ 85024

$559,000 - 3Br/2Ba -  for Sale in Mountaingate North 2, Phoenix
New
$559,000
3 Beds
2 Baths
1,518 SqFt
Status Active
MLS # 6803026
Property Type Single Family Residence
Price Type --
Here it is! Your newly remodeled 3-bed, 2-bath Home in the heart of North Phoenix, nestled in a rapidly growing neighborhood near the TSMC plant. This property includes breathtaking mountain views, it features modern finishes, an open floor plan, and a spacious backyard perfect for relaxing or entertaining under AZ Sunsets. Located in a thriving area with easy access to amenities and outdoor adventures, this property is a must-see for anyone looking for style, convenience, and a slice of Arizona's stunning scenery.

4833 W Dublin Court Chandler, AZ 85226

$559,000
4 Beds
2.5 Baths
1,860 SqFt
Status Active
MLS # 6763069
Property Type Single Family Residence
Price Type --
All New stainless steel kitchen appliances and brand new neutral carpet just installed !! Fantastic location for this cozy 4 bedroom, 2.5 bath home in the heart of Chandler! The spacious formal living and dining greet you upon entry and the kitchen is conveniently open to the family room with the breakfast nook overlooking the sparking pool in the back yard. A cute powder room and the laundry room complete the downstairs living. Upstairs you will find a nicely appointed primary suite at the back of the home complete with a luxurious primary bath, including separate vanities, potty closet and generously sized walk in closet. Three more bedrooms and a wonderful secondary bathroom with a tub/shower combo round out this thoughtfully designed abode ! Come see your next home today!

25413 W Pueblo Avenue Buckeye, AZ 85326

$559,000
3 Beds
2 Baths
1,747 SqFt
Status Active
MLS # 6697259
Property Type Single Family Residence
Price Type --
Discover comfort and opportunity with this charming 3 bed, 2 bath home in Northwood Park. On a spacious 1-acre lot, this property offers endless possibilities for building a pool, keeping horses, and storing all your toys and RVs. The cozy dining and living area features wood-look tile flooring, high ceilings, and a neutral palette. The practical kitchen provides ample cabinet and counter space, a pantry, and stainless steel appliances. Unwind in the comfortable primary bedroom with soft carpet, a bay window, a walk-in closet, and a private ensuite with dual sinks. The expansive backyard has irrigation rights, to ensure a reliable source of water for landscaping, gardening, and any agricultural activities, even in dry seasons.