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.

18711 E Panchito Drive Gold Canyon, AZ 85118

$524,995
4 Beds
2.5 Baths
2,110 SqFt
Status Active
MLS # 6782993
Property Type Single Family Residence
Price Type --
Welcome to the Zinc Plan in Entrada Del Oro II, Gold Canyon! This spacious 2-story, RV- home with 4 bedrooms and 2,5 baths, with the master suite and laundry conveniently located on the main floor. Designed for comfort and functionality, this home is perfect for those seeking extra space and easy access to outdoor adventures near the Superstition Mountains.

18628 E Panchito Drive Gold Canyon, AZ 85118

$524,995
3 Beds
2 Baths
1,910 SqFt
Status Active
MLS # 6780090
Property Type Single Family Residence
Price Type --
This one-story home RV Garage features 1,910 sqft. 3 bed 2 bath and a flex space. This home has a tiled shower at owners bath. South facing front. Quartz Kitchen, tile backsplash in kitchen. Entrada Del Oro in Gold Canyon, AZ, offers a variety of floor plans in a scenic location near the Superstition Mountains, off US-60 and El Camino Viejo. The community is known for its picturesque open spaces and walking trails, and it is part of the Apache Junction Unified District for schooling.

16423 W Avenida Del Sol -- Surprise, AZ 85387

$524,995
3 Beds
2.5 Baths
2,400 SqFt
Status Active
MLS # 6700766
Property Type Single Family Residence
Price Type --
Beautiful Included features - Celeste Floor Plan: covered entry; an open dining area; study with double doors; a gourmet kitchen, quartz countertops, 42'' cabinets, stainless-steel appliances, walk-in pantry, double patio doors at nook, spacious great room; master bath with shower and tub; 3-car tandem garage. 10' ceilings and pavers at drive/walkway.

5537 W Paseo Way Laveen, AZ 85339

$524,990
3 Beds
2.5 Baths
2,178 SqFt
Status Active
MLS # 6748021
Property Type Single Family Residence
Price Type --
''Discover the Ruby floor plan, an exquisite single-level home that perfectly combines modern design with functional elegance. Spanning 2,178 square feet, this inviting residence offers a spacious and well-thought-out layout, featuring three generously sized bedrooms and two and a half beautifully appointed bathrooms. The Ruby's design is highlighted by a stunning modern desert exterior that seamlessly integrates with its surroundings. A striking 4-panel sliding glass door in the Great Room creates a seamless transition to the outdoors, ideal for both entertaining guests and enjoying serene moments. The heart of this home is the stylish kitchen, equipped with Stone Gray cabinets and Quartz countertops, complemented by a chic 3x12 tile backsplash. The kitchen also includes a GE stainless steel side-by-side refrigerator, making meal preparation both practical and delightful. Elegant 6x24 wood-look plank ceramic tiles flow throughout the home, adding a touch of warmth and sophistication. In addition to the main living areas, the Ruby features a versatile bonus den space, perfect for an office, playroom, or additional living area. A large walk-in pantry provides ample storage, while the GE electric washer and gas dryer offer modern convenience in the dedicated laundry area. The home's thoughtful design extends to its exterior, with pavers at the driveway enhancing its curb appeal. Satin nickel cabinet hardware adds a refined touch to the home's interior details. Situated on a north/south facing homesite, the Ruby benefits from optimal natural light and energy efficiency. Experience the Ruby floor plan, where contemporary style meets practical living, creating a harmonious environment perfect for modern lifestyles.

4010 S 178th Lane Goodyear, AZ 85338

$524,990
4 Beds
3.5 Baths
2,639 SqFt
Status Active
MLS # 6768888
Property Type Single Family Residence
Price Type --
Ready for quick move in! Welcome to the Juniper Floor Plan, a magnificent single-story haven meticulously designed to offer space, comfort, and versatility. Boasting an expansive 2639 square feet, this home provides a seamless fusion of elegance and practicality. Discover the allure of 4 beautifully appointed bedrooms, each offering a serene sanctuary for rest and rejuvenation. The Owners Suite stands out as a true retreat, featuring a walk-in closet that keeps your belongings organized and easily accessible. ALWAYS BUILT W/SPRAY FOAM INSULATION & TANKLESS WATER HEATER!!

19436 W Valle Vista Way Litchfield Park, AZ 85340

$524,990
4 Beds
3.5 Baths
2,757 SqFt
Status Active
MLS # 6771577
Property Type Single Family Residence
Price Type --
Welcome home to the Hartwell. Featuring a Choice Study on the first floor perfect for remote or hybrid workers. A formal foyer and hall is the perfect centerpiece for family photos or your art collection. The entrance hall then leads you to the expansive open concept kitchen and living space ideal for holiday gatherings. Whip up some mouthwatering recipes in the open kitchen featuring an impressive walk-in pantry and dedicated breakfast nook. Upstairs bedroom 2 features an ensuite bathroom, making this plan perfect for multi-generational families. An upstairs loft creates the ideal location for family game night! No homes behind you and stunning mountain views are the cherry on top!

25588 N 154th Lane Surprise, AZ 85387

$524,990
4 Beds
3 Baths
2,435 SqFt
Status Active
MLS # 6780869
Property Type Single Family Residence
Price Type --
This is an amazing home, this quick move-in Pearl floor plan is indeed one of our best-selling homes, it boasts a stunning design with upgraded kitchen cabinets, quartz countertops and a stylish backsplash, the master bathroom includes a spacious shower, the home is equipped with Smart Home Technology, and is also Energy Star Certified, ensuring energy efficiency, the oversized sliding glass door provides abundant natural light and easy access to the outdoors, the upgraded electrical package and recessed can lighting enhance the overall ambiance of the home, window coverings are included for privacy and aesthetics, and of course the home comes with a garage door opener for convenience and security, it's a perfect combination of style, functionality and modern features, come and see!

31327 N 130th Avenue Peoria, AZ 85383

$524,990
4 Beds
2 Baths
1,901 SqFt
Status Active
MLS # 6778912
Property Type Single Family Residence
Price Type --
This homes features a quaint, covered front porch ideal for welcoming guests. Walk through the spacious foyer and gallery hall to the grand open concept dining and great room ideal for hosting and entertaining. A centralized laundry room makes access easy from any room in the home. A back covered patio perfect for taking in the surrounding Peoria mountains and Southwest landscape is the cherry on top! This home is loaded with upgrades from its gourmet kitchen with huge island, stainless gas appliances, 9' ceilings and wood plank tile floor throughout. Located in the highly desirable Vistancia masterplan, resident will enjoy access to the 3.5-mile Discovery Trail, and two state of the art recreation centers.

2330 E Levi Drive Phoenix, AZ 85040

$524,900 - 5Br/3Ba -  for Sale in Goldwater, Phoenix
New
$524,900
5 Beds
3 Baths
2,116 SqFt
Status Active
MLS # 6796897
Property Type Single Family Residence
Price Type --
GATED COMMUNITY. FINISHED HOMES. Multiple lots available! With only 32 homes it is an excellent gated community to meet neighbors or even consider moving more of the family. Experience much of the entertainment of the city while being minutes from South Mountain and multiple golf courses. Granite or quartz for countertops and luxury vinyl plank flooring and carpet throughout the homes. All appliances included and the garage is even equipped with the power for an Electric Vehicle. Top it off with a dog door for your furry friend! Minimal effort will be required to enjoy these homes with the finished back yard and the front yard landscaping that is maintained by the HOA. Fenced dog area coming soon! Come see what this community has to offer! (Photos are of model)

22750 E Roper Lane Florence, AZ 85132

$524,900
4 Beds
2.5 Baths
2,000 SqFt
Status Active
MLS # 6748347
Property Type Single Family Residence
Price Type --
Just found your new home , Huge three car garage with exit door , 2x6 construction, split bedrooms with a master closet as big as you would find in much bigger homes , Nice front porch , also a big back patio walk into a nice sized great room , Kitchen has very generous kitchen cabinets and a large Island . Master has tub and walk in shower with tile surrounds . Flooring allowance allows for tile and upgraded carpet. Hurry home is nearing completion and moving fast will be completed by 1st of November 2024

1285 E Mcmurray Boulevard Casa Grande, AZ 85122

$524,900
4 Beds
2.5 Baths
2,327 SqFt
Status Active
MLS # 6755158
Property Type Single Family Residence
Price Type --
This AMAZING CUSTOM HOME now available! This is paradise in the desert. Custom home with sparkling POOL, covered heated SPA w/ custom shower, ARIZONA ROOM, FIRE PIT (enjoy the cool evenings with a beverage), CITRUS trees, custom walls and fencing, circular driveway and more! Inside this beautiful home offers an amazing custom feel with TILE, FIREPLACE, upgraded appliances, GRANITE, vaulted ceilings (WOOD tongue and groove and WOOD beams), plantation shutters, amazing finish work and more. The owner's suite is a retreat in and of itself...with an gorgeous bathroom with separate garden tub and shower. This home offers separate space that can be used for DINING space, a home office, work out room, storage space and more. Scottsdale feel right here in Casa Grande. Don't miss this gem! NO HOA!

15272 W Georgia Drive Surprise, AZ 85379

$524,900
3 Beds
2 Baths
2,200 SqFt
Status Active
MLS # 6778453
Property Type Single Family Residence
Price Type --
This stunning single-story home boasts an array of exceptional features. Nestled in the desirable Marley Park neighborhood, it's within easy walking distance to local shops, businesses, school, and the community pool house. The open-concept floor plan flows seamlessly, with a spacious great room connected to a beautifully designed kitchen featuring wall-to-wall cabinetry, a large island, and stainless steel appliances. The luxurious master suite, privately situated at the rear of the home, offers a serene retreat. Two additional bedrooms, a full bath, and a versatile bonus room—ideal for an office, dining space, or potential fourth bedroom—enhance this thoughtfully designed layout. Outside, enjoy a charming side courtyard with a fireplace, perfect for cozy gatherings, as well as a generous backyard complete with a pergola, fire pit, lush grass, and mature landscaping. This home combines elegance with functionality, offering an ideal setting for both relaxation and entertaining.