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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1445 W Saddle Run Apache Junction, AZ 85120

$522,990

4 Beds

2 Baths

2,137 SqFt

Status Active

MLS # 6750783

Property Type Single Family Residence

Price Type --

Up to 3% of base price or total purchase price, whichever is less, is available through preferred lender plus additional 2% of base price or total purchase price, whichever is less, is available to be used toward closing costs, pre-paids, rate buy downs, and/or price adjustments. The Barletta floor plan offers a refined single-story design with four bedrooms and a generous flex space, ideal for an office, TV room, or study. It comes with beautifully landscaped front yard and will be ready for move-in by October or November 2024. Enjoy proximity to community parks, grocery stores, and a variety of restaurants.

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5100 E Rancho Paloma Drive Unit 2024 Cave Creek, AZ 85331

$522,900

2 Beds

2 Baths

1,420 SqFt

Status Active

MLS # 6654665

Property Type Apartment

Price Type --


Experience contemporary luxury in this 2-bed, 2-bath Rancho North condo, priced at $524,900. Built in 2020 by Homes by Towne, the 1,420 sqft residence offers a resort-like ambiance with a pool, spa, and fitness facility. The open floor plan includes stainless steel appliances, a gas stove, and a spacious island, with high-end furnishings available for purchase. Meticulously maintained, this pet-free, smoke-free property features mountain views, a balcony, and is conveniently located near downtown Cave Creek and Carefree. With a one-car garage, enjoy a carefree lifestyle.Discover the charm of this Beautiful Condo in Rancho North. Your perfect home awaits!

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4504 S Mole -- Mesa, AZ 85212

$522,588

3 Beds

2 Baths

1,789 SqFt

Status Active

MLS # 6750794

Property Type Single Family Residence

Price Type --

BEAUTIFUL BRAND NEW SINGLE LEVEL HOME! This Celadon plan features a stunning gourmet kitchen with Birch Quill 42'' Upper Kitchen Cabinets w Whole House Black Bronze Pulls. Quartz Linen Counter Tops at Kitchen w DT Scrapbook Album White Backsplash. 12x24 Tile Flooring throughout except in bedrooms. This home is a High Performance Smart Home featuring a standard whole house air purifying system, tankless water heater and an Apple Pod Smart Home Kit for Smart Home Features.

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26331 S 231st Way Queen Creek, AZ 85142

$522,386

3 Beds

2 Baths

2,105 SqFt

Status Active

MLS # 6792943

Property Type Single Family Residence

Price Type --

Brand new home in Queen Creek. Move-in ready. Desert Modern exterior style. 3 bedroom, 2 bathroom, plus a bonus flex room and 3 car tandem garage. Gourmet appliances include stainless gas cooktop, stainless chimney hood, oven, microwave, and dishwasher. Upgraded 42'' white cabinets are complemented by white quartz designer countertops and a stunning tiled backsplash. Stone-look tile throughout the home and plush carpet in the bedrooms. Home warranty included! Enjoy an amenity-rich lifestyle with community fitness center, sparkling pool and jacuzzi, pickleball courts, basketball, shaded play structures, play lawns, 2 dog parks, and more. Please ask about our special financing incentives!

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2320 N Chaparral Loop Miami, AZ 85539

$522,000

4 Beds

3 Baths

2,436 SqFt

Status Active

MLS # 6737313

Property Type Single Family Residence

Price Type --

Welcome to your dream home! Nestled in a serene, picturesque location, this luxurious 4-bedroom, 3-bathroom modern ranch offers unparalleled comfort and elegance. The large living room is perfect for entertaining, and the chef's kitchen is equipped with state-of-the-art appliances, custom cabinetry, and a large island perfect for preparing meals. Each bathroom boasts high-end finishes, including quartz countertops and designer fixtures. There are 2 owner suites perfect for the in-laws or a grown and flown and flew back. This home is a must see!!

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3418 W 37th Place Yuma, AZ 85365

$522,000

3 Beds

2.5 Baths

2,119 SqFt

Status Active

MLS # 6775554

Property Type Single Family Residence

Price Type --

Desert Oasis Home for Sale - 3418 W 37th Place, Yuma, AZ 85365 Welcome to your desert retreat at 3418 W 37th Place in Yuma, AZ! This beautifully maintained 3-bedroom, 2.5-bath home offers 2,119 square feet of living space with an open floor plan, perfect for seamless entertaining and comfortable living. Enjoy gatherings in the spacious living and dining areas, or relax by the gorgeous built-in pool in the expansive backyard, which is ready for your personal design touches—whether it's lush landscaping, an outdoor kitchen, or a cozy firepit. The property also provides RV access, offering ample space for your recreational vehicle or additional storage. Inside, the master suite includes a custom walk-in closet designed to suit any woman's dream wardrobe. Lovingly cared for and maintained, this home is now awaiting its forever family. Located in a peaceful neighborhood with easy access to local amenities, this desert oasis is the perfect blend of style, comfort, and convenience. Schedule your tour today and imagine the possibilities!

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121 E Monte Way Phoenix, AZ 85042

$521,900

4 Beds

3 Baths

2,029 SqFt

Status Active

MLS # 6759647

Property Type Single Family Residence

Price Type --

Welcome to your dream home in the beautiful area of South Phoenix! This completely remodeled property offers a perfect blend of modern comfort and spacious living. Situated on a large lot with convenient access for vehicles, including ample space for big toys. The main residence features 3 spacious bedrooms and 2 baths. The open-concept living space is designed for both entertaining and everyday living, showcasing contemporary finishes and ample natural light. But that's not all! This property also boasts a charming casita in the back, complete with 1 bed and 1 bath, making it a perfect rental opportunity or a welcoming space for guests. This additional living area has been completely remodeled to match the stylish aesthetic of the main house. No CLUE Report

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39532 N Kaden Lane San Tan Valley, AZ 85140

$521,888

2 Beds

2.5 Baths

1,811 SqFt

Status Active

MLS # 6788215

Property Type Single Family Residence

Price Type --

MLS# xxxx January Completion! Located in the Ovation at Meridian community, the Sedona is a beautifully designed single-story home from the Inspiration Series, offering 1,811 sq. ft. with 2 bedrooms, 2.5 bathrooms, and a 2-car garage. The foyer welcomes you with a flex room on one side and a secondary suite on the other, perfect for guests or multi-generational living. The open-concept gathering room and kitchen create an inviting space for entertaining or enjoying dinner while staying connected to the action. The owner's suite offers a private retreat with an ensuite bathroom featuring double sinks and a spacious walk-in closet. Structural options include: garage service door, interior door at laundry room, front yard landscaping, artificial turf in backyard, paver on driveway and walkw

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2690 E Abe Truckle Avenue San Tan Valley, AZ 85140

$521,810

3 Beds

2.5 Baths

2,171 SqFt

Status Active

MLS # 6733419

Property Type Single Family Residence

Price Type --

**This is a to be built listing, this home is ready for personalization and can be built on your choice of homesite. This is an advertisement of our base price for this elevation** Welcome to Ashton Woods newest community in San Tan Valley - Tobiano at Wales Ranch - which features outstanding community amenities and convenient access to the 24 freeway and shopping. The open concept Ruby plan features the high sought after 2-CAR RV GARAGE along with 3 bedrooms and 2.5 baths and there is still time to design and personalize your features and finishes! This home includes an open concept kitchen with granite countertops, 42'' upper cabinets, and stainless steel appliances . Amazing spa like primary suite with dual vanities and ample linen storage. This floorplan is accompanied by an oversized den and sizable secondary bedrooms. This home comes standard with 9' ceilings, front yard landscaping, dual sinks at primary bath, and much more!

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1650 E Ponderosa Parkway Unit 226 Flagstaff, AZ 86001

$521,095

2 Beds

2 Baths

1,220 SqFt

Status Active

MLS # 6634224

Property Type Apartment

Price Type --

POPULAR 2-bedroom on 2nd floor. Ponderosa Parkway is located close to downtown and NAU. The Urban Trail system will take you all over Flagstaff on foot or bike in minutes! FIRST RESPONDERS & MILITARY receive additional incentives! Call for your private tour today! Visit our Sales office/Model Home in Bldg. 3, Unit 111

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1828 E Desert Lane Phoenix, AZ 85042

$521,000

3 Beds

2 Baths

2,252 SqFt

Status Active Under Contract

MLS # 6779079

Property Type Single Family Residence

Price Type --

Discover your dream home with this beautifully designed property featuring a spacious open floor plan that seamlessly connects living, dining, and kitchen areas 3 car garage!! NEW ROOF newer A/C units. Enjoy a bright and airy atmosphere with plenty of natural light. Elegant wood floors throughout, providing warmth and style. Kitchen is equipped with granite countertops and stainless steel appliances, perfect for culinary enthusiasts. Enjoy the convenience of HOA-managed front yard maintenance, allowing you to spend more time enjoying your home and less time on upkeep. Den could easily be converted to a fourth bedroom. Enjoy proximity to South Mtn. Park for hiking, biking and views. Minutes to Sky Harbor, and ASU!

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5605 W Mcneil Street Laveen, AZ 85339

$520,990

4 Beds

3 Baths

2,150 SqFt

Status Active

MLS # 6792980

Property Type Single Family Residence

Price Type --

Welcome to the 2150 SQ Ft Sage floorplan designed for comfort and style. This beautifully appointed residence features 4 spacious bedrooms plus a versatile den, 3 bathrooms, and a convenient 3 car tandem garage. The exterior showcases a contemporary Modern Desert Elevation, setting the tone for modern elegance throughout the home. Step inside to discover a bright and open layout with soaring 9 ft ceilings that create an airy, expansive feel. The home boasts exquisite 6'' by 24'' wood-like tile flooring throughout the main living areas, with plush carpeting in the bedrooms and den for added comfort. The kitchen is a chef's dream, featuring gorgeous 42-inch white upper cabinets are contrasted beautifully by grey quartz countertops and a glossy arctic white herringbone tile. The kitchen is complimented by satin nickel cabinet pulls and kitchen faucet. This space is both functional and fashionable. Stainless-steel appliances including dishwasher, microwave, gas stove, and refrigerator ensure move-in readiness. The kitchen seamlessly transitions into the open-concept living room, where a stunning 4-panel sliding glass door fills the space with natural light and leads out to the covered patioperfect for entertaining or relaxing outdoors. The primary suite is thoughtfully situated away from the secondary bedrooms for added privacy. It features a generous walk-in closet and a luxurious en-suite bathroom with white quartz counter tops with dual round sinks and upgraded brushed nickel finishes that enhance its sophisticated ambiance. Additional highlights include a garage door opener, and washer and dryer ensuring both practicality and style.

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