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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310 S 4th Street Unit 901 Phoenix, AZ 85004

$525,000

2 Beds

2.5 Baths

1,426 SqFt

Status Active

MLS # 6773785

Property Type Apartment

Price Type --

Enjoy the experience of downtown condo living at Summit at Copper Square! Located on the 9th floor w/ breathtaking views of the city & mountains with a wrap around private balcony. Contemporary interior design featuring beautiful hardwood floors, floor to ceiling windows from living areas & both bedrooms provide lots of natural light. Spacious designer kitchen w/ granite counters, dining area, SS appliances, & wood cabinetry. Upscale baths offer granite & Corian counters, designer tile & fixtures. Generous sized bedrooms w/ walk-in closets. Lots of storage. This unit includes 2 indoor gated garage parking spots, 1 spot + lift. HOA includes WiFi, water, gas, sewer & garbage. Luxurious/high end amenities include 24 hour security, heated negative-edge pool, spa, sauna, state of the art exercise room open 24/7, meeting/lounge area, as well as a rooftop terrace clubhouse with firepit! A portion of the monthly HOA fee goes towards replacement of equipment as required. Across the street from Diamondbacks baseball stadium (Chase Field). 3 min walk to the light rail. 5 min walk to Phoenix Suns basketball arena (Footprint Center). 5 min drive to Sky Harbor Airport. Dozens of bars, restaurants, comedy club, convention center, other miscellaneous shops within a 10 minute walk. Mountain views South and West, perfect view of beautiful sunsets nightly.

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8958 W Sierra Vista Drive Glendale, AZ 85305

$525,000

4 Beds

3 Baths

2,362 SqFt

Status Active

MLS # 6771213

Property Type Single Family Residence

Price Type --

Welcome to your 4 bed, 3 bath home with no HOA! The location is prime with a large open grassy park across the street, corner lot, within a mile of State Farm Stadium and Westgate entertainment district. Also nearby to the soon to be open VAI Resort and Mattel Theme Park. The home features a spacious family living room, den area, open kitchen. On the first-floor you will find a bedroom and remodeled full bathroom, laundry room, and ample storage closet under the stairs. Upstairs, the primary bedroom boasts a walk-in closet, on-suite bathroom, dual sink vanity, tub, shower, and private water closet. Two additional bedrooms and another full bath complete the second floor. Enjoy a lush backyard with a shaded deck, wooden storage shed, covered patio, and RV storage area. This is a must see!

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2233 Par Place Overgaard, AZ 85933

$525,000

3 Beds

3.5 Baths

2,895 SqFt

Status Active

MLS # 6771427

Property Type Single Family Residence

Price Type --

Looking to get out of the heat in the summer? Check this one out! This remodeled cabin in Overgaard, just 2 short hours from Phoenix. This 3 bedroom 3.5 bathroom, 2 Car Garage MULTI-GENERATIONAL property is perfect for full time living, or a weekend getaway. Home has been updated with new vinyl flooring throughout, white kitchen cabinetry, butcher block countertops, new fixtures & lighting throughout. On the main floor you will find an open concept living/dining area, fireplace, primary bedroom/bathroom, laundry room & powder room. Upstairs, is a huge loft/bedroom with a full bathroom. Go out your front door & downstairs, you will find a CASITA with its own separate entrance that features a full bedroom living room, kitchenette & full bathroom.

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2002 W Turney Avenue Phoenix, AZ 85015

$525,000

3 Beds

3 Baths

2,118 SqFt

Status Active

MLS # 6772741

Property Type Single Family Residence

Price Type --

The possibilities are endless with this property, Large Family Home, PadSplit, Behavioral Health, Assisted Living, Sober Living, DDD, Corporate Rental, Traveling Nurse Rental, etc... For traveling nurses, there's 3 hospitals within 8 miles. At just a short drive to the 51 and I-17 and in between Camelback and Indian School, it's as centrally located as you could hope for. Talk about ready to go, it was fully remodeled from top to bottom and comes loaded with everything included.

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20428 N 268th Avenue Buckeye, AZ 85396

$525,000

2 Beds

2 Baths

2,092 SqFt

Status Active

MLS # 6775706

Property Type Single Family Residence

Price Type --

Stunning Destiny Model, full of upgrades & owned solar! This beautiful home offers 2 beds + den & 2 baths. Great curb appeal with a split 3-car garage, mature landscape, a private courtyard & patio misting system. The fabulous interior features designer paint, recessed lighting, tons of natural light, tile, lvt & soft carpet. With a fireplace as the focal point, the inviting living/dining room is perfect for cozy relaxation! The impressive kitchen has granite counters, subway tile backsplash, an island, staggered cabinetry, plantation shutters, a cozy nook, a breakfast bar, and high-end SS appliances w/cooktop gas. The den, with a barn door, can be an office or third bedroom. Main bedroom boasts a bay window and an ensuite with a large tiled shower, dual sinks, & walk-in closet. *SELLER CONCESSIONS AVAILABLE* Laundry room with a sink & cabinetry for added convenience. You'll LOVE the backyard, featuring a putting green and a covered patio w/extended pergola & well-laid travertine! New irrigation system! Enjoy the range of fantastic Community amenities, including an expansive recreation center, fitness facilities, resort-style pool, spa, golf courses, pickleball and tennis courts, a crafts studio, and plenty of clubs & activities to enjoy an active lifestyle. Additionally, there's an on-site restaurant, softball field, and miles of walking and biking trails. Don't miss this opportunity!

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13066 W Steed Ridge Peoria, AZ 85383

$525,000

2 Beds

2 Baths

1,700 SqFt

Status Active

MLS # 6776076

Property Type Single Family Residence

Price Type --

Welcome to this exceptionally well-maintained home in the sought- after Vistancia Adult Community! This immaculate property boasts an inviting open floor plan, featuring a surround sound system, a cozy gas fireplace, and seamless integration with the kitchen area. The kitchen is a chef's delight, equipped with stunning granite countertops, cherry cabinets, a walk-in pantry, and newer appliances, including a refrigerator, dishwasher, and osmosis water system. The primary bedroom is generously sized with elegant wood tile floors, a spacious en-suite bathroom, and a walk-in closet complete with built- in cabinets and a heat lamp. Step outside to a peaceful, private backyard that's easy to maintain, perfect for relaxing or entertaining. A bonus, new washer & dryer are included.

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2672 E Sherri Drive Gilbert, AZ 85296

$525,000

4 Beds

2.5 Baths

1,892 SqFt

Status Active

MLS # 6789437

Property Type Single Family Residence

Price Type --

This Greenfield lakes home, features formal living/dining space, bright and cheery eat in kitchen and a family room adjacent the kitchen. The kitchen has gorgeous granite countertops, tons of cabinets and stainless appliances. Upstairs you will find a large primary bedroom with walk in closet, primary bathroom with separate shower/tub and dual sink vanity. 3 secondary bathrooms and hall bath. Vaulted ceilings, 2 car garage with double gate, fresh exterior paint and north/south orientation . The backyard offers an extended patio, pebble tech pool with water feauture. This community is centrally located in Gilbert Arizona, close to shopping, freeways and restaurants.

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2808 W Roosevelt Drive San Tan Valley, AZ 85144

$525,000

4 Beds

3 Baths

2,436 SqFt

Status Active

MLS # 6789882

Property Type Single Family Residence

Price Type --

Seller may consider buyer concessions if made in an offer. Welcome to this beautiful property that exudes elegance and comfort. The interior boasts a neutral color paint scheme that perfectly complements all kitchen stainless steel appliances. The kitchen island and walk-in pantry offer ample storage and preparation space. The primary bedroom features a walk-in closet, and the primary bathroom is designed with double sinks and a separate tub and shower for your convenience. The exterior includes a covered patio perfect for relaxation and a fenced-in backyard for privacy. Come and make this property your oasis.

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21429 E Bonanza Way Queen Creek, AZ 85142

$525,000

4 Beds

2 Baths

1,916 SqFt

Status Active

MLS # 6792001

Property Type Single Family Residence

Price Type --

Unveil the Hidden Gems of Your Future Home! This exceptional renovated 4-bedroom, 2-bathroom residence and a separate den at E Bonanza Way is brimming with surprises that elevate everyday living. From its spacious 1,916 sqft layout to the meticulously designed interiors, every corner tells a story of comfort and style. But there's more than meets the eye—exclusive features await your discovery. Curious to uncover them? Reach out to explore the full array of amenities that make this home a standout choice. Queen Creek is a town that harmoniously blends its rich agricultural heritage with modern suburban living. Incorporated in 1989, it has grown into a vibrant community known for its friendly atmosphere and commitment to quality of life.

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602 E Amarillo Circle Payson, AZ 85541

$525,000

4 Beds

3 Baths

2,452 SqFt

Status Active

MLS # 6793439

Property Type Single Family Residence

Price Type --

This charming 4-bedroom, 3-bathroom home within a mile to hiking trails, park and shopping is perfect for a large family, nestled in a desirable, friendly cul-de-sac offers a private fenced yard allowing for RV parking, space for gardening plus a private brick pad with a separate breaker for a spa or jacuzzi. Enjoy the outdoor living space with a large front covered porch and large covered deck in the back. The lower level of this spectacular home can also be used for In-Law suite, separate guest quarters or rental income. Upgrades and improvements including a new roof installed in 2024. Other improvements are new gutters, reinstalled irrigation systems, 8 x 12 shed and the garage remodeled to fit an extended bed truck. In the upstairs as well as downstairs you will find newly remodeled master baths, new flooring installed throughout the house, main kitchen remodeled, new appliances with new washer & dryer all completed in the past 3-5 years. Also notice security doors upstairs and downstairs added as well.

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11145 E Posada Avenue Mesa, AZ 85212

$525,000

3 Beds

2 Baths

1,775 SqFt

Status Active Under Contract

MLS # 6660177

Property Type Single Family Residence

Price Type --

Beautiful upgrades throughout with oversized lot. Back yard is an entertainers dream with paver walkways and seating area. Patio has roll down screen to enclose the porch. Kitchen cabinets upgraded with nice granite and tasteful colors. Furnished with desireable modern furniture. His & her closets and sinks in master bath. The owner will be taking golf cart, tools, work benches, fire pit out back and storage container out back. buyer to pay $2212.5 capital improvement fee

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15130 W Home Run Drive Surprise, AZ 85374

$525,000

2 Beds

2 Baths

2,010 SqFt

Status Active Under Contract

MLS # 6685699

Property Type Single Family Residence

Price Type --

CLEAN & PRISTINE, SPLIT BEDROOM BORGATA, ELEGANT PLANTATION SHUTTERS, CROWN MOULDING, GRANITE KITCHEN COUNTERS WITH MATCHING BACK SPLASH, PREFERRED GAS RANGE AND OVERSIZED NEUTRAL TILE. GREAT ROOM IS COMPLETE WITH MEDIA WALL & SURROUND SOUND. LARGE OFFICE/DEN EXTENDED 4 FEET. MASTER EXTENDED 4 FEET AND HAS BAY WINDOW, DOOR TO BACK PATIO AND DUAL SINKS. NATURAL FLAGSTONE IN COURTYARD. FOR BEAUTY & EASE OF CLEANING EXPANDED PATIO HAS BEEN COATED WITH KOOL DECK EPOXY COATING. THE FOOD PREP AREA IS SPECIFICALLY DESIGNED FOR GAS BBQ GRILL. THE GAS FIRE PIT CREATES THE PERFECT SETTING FOR ENTERTAINING FAMILY AND FRIENDS. LAUNDRY ROOM HAS OVER HEAD CABINETS, FRONT LOAD LG WASHER & DRYER ON PEDISTALS. GARAGE EXTENDED 4 FT, HAS CABINETS & OVERHEAD STORAGE. LEMON, LIME & ORANGE TREES

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