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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16525 E Avenue Of The Fountain Avenue Unit 201 Fountain Hills, AZ 85268

$539,900

3 Beds

2 Baths

1,942 SqFt

Status Active

MLS # 6679498

Property Type Apartment

Price Type --

This former model in Town Center Crossings is a spacious and well-appointed single-level unit with no upstairs neighbors, offering privacy and convenience. With 3 bedrooms, 2 bathrooms, and an additional office/den space, there is plenty of room for both living and working. The 1-car garage with direct entry access, complete with built-in cabinets, provides ample parking and storage space. The property is ideal for those seeking a comfortable and functional living space in a desirable lock and leave location.

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27537 N 174th Street Rio Verde, AZ 85263

$539,900

3 Beds

2 Baths

1,637 SqFt

Status Active Under Contract

MLS # 6726013

Property Type Single Family Residence

Price Type --

Well cared for home with stunning view of Four Peaks to the east/northeast. Matching tile throughout home. Huge fenced backyard. Fencing is no climb horse fence. Horses ok. Remote and quiet neighborhood. Note: original builder installed appliances replaced with updated refrigerator, microwave, and dishwasher which has a heating element so you're not waiting on hot water coming from your water heater.

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1497 S Dove Street Gilbert, AZ 85233

$539,900

3 Beds

2 Baths

1,640 SqFt

Status Active Under Contract

MLS # 6746926

Property Type Single Family Residence

Price Type --

Welcome to this tradtional floorplan with separate living, dining & family rooms, or you might use as a flex room...currently a game room, but use for another sitting area or space for the teens or kids! Gorgeous newer plank flooring in all the right places & new carpet in the bedrooms! Kitchen is amazing with new 42'' cabinets, large pantry cabinet plus soft close doors/drawers granite counters & stainless appliances! Baths have been updated with new vanities, comfort height commodes, mirrors & lighting! New HVAC with extended warranty! The oversized play pool has been recently refinished with new pebble sheen & cool deck..the yard is one of the best & has no neighbor behind along with all single levels homes! Awesome covered patio with room for everything... 3+ car wide driveway! You can move it, set up the TV & have nothing to do but enjoy your new home! Secondary bedroom has large queen sized bed with large furniture. Seller raised 2 children here and has loved this home! Close to everything,,,2 miles to downtown Gilbert (including night life)and the Hale Theater, Level One arcade(barcade), comedy club, and Saturday Farmers Market and 2 miles the other direction to shopping of every kind, plus lots of restaurants and the 202SanTan Freeway! Can you say location location location!

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11543 E Quade Avenue Mesa, AZ 85212

$539,900

4 Beds

2.5 Baths

2,385 SqFt

Status Active

MLS # 6748907

Property Type Single Family Residence

Price Type --

Beautiful home with OVERSIZED lot! Mountain VIEWS! Expansive backyard features an extended patio, fenced pebble-tec, pool w/waterfall feature, plenty of grass, additional concrete slab SPORT COURT*French doors open to a den*LARGE loft*New carpet and new paint throughout*Kitchen is a chef's delight, featuring granite counters, SS appliances, a walk-in pantry, and a breakfast bar*Spacious master bedroom, dual sinks, separate tub/shower, and two HUGE walk-in closets*The garage includes attached cabinets for extra storage*North/South exposure*Located close to schools, shopping, restaurants, golf, airport, parks, AZ Athletic Grounds, ASU Polytechnic Campus, and easy access to Highway 202, 60, 24 freeways!

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9630 E Barley Road Florence, AZ 85132

$539,900

5 Beds

3 Baths

3,280 SqFt

Status Active

MLS # 6755071

Property Type Single Family Residence

Price Type --

Large, 2-story family home with 5 bedrooms and 3 bathrooms...bedroom on main floor with full bath. Corner lot with large backyard...POOL with extended covered patio. This home has newly installed flooring on the main floor, new hot water heater, dual AC's, fans, granite, butler pantry and more. The backyard can be your private oasis in the desert! Outdoor grille, hot tub hook up and lots of room to play.

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41758 W Cribbage Road Maricopa, AZ 85138

$539,900

3 Beds

2.5 Baths

2,485 SqFt

Status Active

MLS # 6756759

Property Type Single Family Residence

Price Type --

Gorgeous, fully furnished home on the greenbelt in the Award Winning Active Adult Community of Province! This modern, great room floor plan with three full bedrooms plus den and two and a half baths is move in ready! Multi-sliding glass door out to your extended travertine patio with wonderful space for entertaining with a completely fenced yard and hot tub! 10' ceilings throughout with walk in closets in every bedroom. The kitchen is spectacular with white cabinetry, granite countertops, stainless steel appliances with double ovens, gas cooktop and tons of cabinets for storage. The owner's suite has a bay window and a magnificent bathroom with a huge walk in shower and his and her vanities. The laundry room also has lots of built in cabinetry for more storage. Welcome Home!

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17881 W Verdin Road Goodyear, AZ 85338

$539,900

3 Beds

2 Baths

1,961 SqFt

Status Active

MLS # 6757323

Property Type Single Family Residence

Price Type --

Back on the market because the buyers did not sell their home. UPGRADED HOME THAT IS SITUATED ON A PREMIUM VIEW LOT WITH TRIPLE GARAGE, A DEN AND A LARGE POOL. Upgrades include a feature wall in the Living Room, custom fireplace, NEWER APPLIANCES, upgraded cabinetry/hardware, gorgeous tile, granite counters, HEATED POOL WITH BUILT-IN SEATING/TABLE, BAJA STEP and IN-GROUND CLEANING SYSTEM, custom Pergola, mature landscaping, patio and much more. An abundance of windows brighten the home as well as having pleasant views. This beautiful home BACKS AND SIDES ON TO A WASH WITH VIEWS of Bougainvillea Park and the playground across the street. Enjoy the privacy this homesite offers as well as gorgeous sunsets. This desirable location is next to the park and close to the Presidio Residents club.

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6034 E Hillview Street Mesa, AZ 85205

$539,900

3 Beds

2 Baths

1,896 SqFt

Status Active

MLS # 6763869

Property Type Single Family Residence

Price Type --

This beautifully unique 3 bd/2 bath home has brand new energy efficient windows, including the huge arcadia doors leading to a spacious extended patio, brand new carpet and blinds in the South bedrooms, new water heater which is connected to electric water heaters, which in turn consumes less power! Two top of the line new Trane AC units, a value of over $10,000 savings to any home of this era! Step down into the open floor plan with a gorgeous stone wood burning fireplace. The kitchen has a huge walk in pantry with a new stove and dishwasher. No need to buy a refrigerator, Sellers are leaving it!! Beautiful plantation living room shutters. Upgraded extended 3 car garage bonus, which was designed by the Seller as a workshop. The 3rd car garage was permitted by the City of Mesa! Step out into your serene oasis, which includes an extended covered patio and secluded swimming pool area, and a spacious play area. The large lot is an upgraded N/S facing cul-de-sac lot. Close to the 202 and the 60 freeway.

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2138 E Yale Drive Tempe, AZ 85283

$539,900

3 Beds

2 Baths

1,572 SqFt

Status Active

MLS # 6767486

Property Type Single Family Residence

Price Type --

NEW PRICE! Beautifully updated home located in the heart of Tempe offers a perfect balance of modern comfort and classic Arizona appeal. The open-concept living area is bright and inviting, creating a seamless flow between the living room, dining space, and kitchen. The kitchen is a standout with its stylish granite countertops, stainless steel appliances, and ample cabinetry, making it both functional and ideal for entertaining. The primary features en-suite bathroom and generous closet space. The additional bedrooms are spacious and versatile, perfect for family, guests, or a home office. Outside, the backyard with pool and putting green is designed for easy maintenance and the perfect setting for relaxing or hosting outdoor gatherings. New dual pane windows t/out. Appliances convey.

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2526 W Florentine Road Phoenix, AZ 85086

$539,900

4 Beds

3 Baths

2,187 SqFt

Status Active

MLS # 6768048

Property Type Single Family Residence

Price Type --

Impeccably maintained and thoughtfully designed, discover this North Phoenix gem in Tramonto—a sanctuary of elegance and comfort. Highlights include travertine flooring, custom shutters, and a cozy fireplace. Notable feature: FULL BEDROOM AND BATH DOWNSTAIRS for convenience. Enjoy the open kitchen with quartz countertops and cherry cabinets. Retreat to the primary bedroom sanctuary with a balcony and ensuite. Step outside to a charming backyard oasis with citrus trees. Additional features: 2-car garage, epoxy flooring, and pre-wired surround sound. Community amenities: pool, spa, sports courts, walking/biking paths. Prime location near Route 17, Lake Pleasant, shopping, and dining!

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7830 N 17th Avenue Phoenix, AZ 85021

$539,900

3 Beds

2 Baths

1,771 SqFt

Status Active

MLS # 6768102

Property Type Single Family Residence

Price Type --

This home boasts numerous updates, including new dual-pane windows, tile flooring, newer carpet, fresh paint, updated fixtures, and stainless steel appliances, complemented by modern cabinetry throughout. The main living area is 1,491 sq ft and the attached casita is 491 sq ft. With 3 bedrooms and 2 baths, plus formal living and dining areas and a cozy family room, you'll find ample storage inside and out. The expansive lot features a diving pool and an extended covered patio, creating a perfect oasis for entertaining. Recent enhancements include pool refinishing, updated pool equipment, newer electrical and plumbing, and a modern HVAC system. Discover this incredible Phoenix property, ideally situated just minutes from shopping and dining.

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10507 E Obispo Avenue Mesa, AZ 85212

$539,900

5 Beds

2.5 Baths

2,250 SqFt

Status Active

MLS # 6768448

Property Type Single Family Residence

Price Type --

Lovely and spacious 2-story home in east Mesa! This home has been renovated beautifully and has brand new flooring throughout, new quartz kitchen countertops, freshly painted interior and exterior, and more. The backyard is very spacious and would be a dream for a buyer!

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