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.

4746 S Ferric -- Mesa, AZ 85212

$520,000
3 Beds
2.5 Baths
1,963 SqFt
Status Active
MLS # 6790214
Property Type Single Family Residence
Price Type --
This brand-new 2024 Pottery Barn-inspired home with a charming farmhouse-style exterior exudes timeless elegance and modern comfort. Overlooking the Eastmark Great Park and breathtaking sunsets, it offers a perfect blend of style and tranquility. The upgraded kitchen boasts 42'' white cabinets, gleaming quartz countertops, and stainless steel appliances. The flooring is a stunning wood-look tile and fresh new carpet upstairs in all bedrooms and loft area. There are 3 spacious bedrooms, 2.5 luxurious bathrooms, and a versatile loft with amazing views of Eastmark. Every detail reflects sophistication and functionality. Thoughtfully designed, this home is a perfect sanctuary for modern living and entertaining. Construction completed in July on this home. Life in Eastmark is simply better!

24809 S Drifter Drive Sun Lakes, AZ 85248

$520,000
2 Beds
2 Baths
1,833 SqFt
Status Active
MLS # 6790530
Property Type Single Family Residence
Price Type --
This one owner home in the desirable gated community of Ironwood has been lovingly taken care of and ready for a new owner. You will find the home bright & airy with multiple skylights to allow natural light in while keeping the heat out. The kitchen has plenty of cabinet space with upgraded newer appliances. The master bedroom is not only generously sized, so is the walk in closet & spacious bathroom with double sinks, updated flooring and walk in shower with grab bars. Pick fresh ,juicy oranges in the privacy of the low maintenance back yard. Just a short walk to the pool and sport courts! This community has it all! Golf, tennis, pickle ball, restaurants, fitness center and more! Ironwood residents also get to enjoy the amenities in the Oakwood Community on the west side of Alma School.

5520 N 5th Lane Phoenix, AZ 85013

$520,000
2 Beds
2 Baths
1,688 SqFt
Status Active
MLS # 6793191
Property Type Townhouse
Price Type --
Check out this single-story, 2-bedroom townhome situated in La Colonia Solana! This East/West facing property offers a car garage and carport parking. Inside, the bright & airy living room features wood-look tile flooring, picture windows, vaulted ceilings with exposed beams, and a floor-to-ceiling stone fireplace that adds warmth and charm to any get-together. Spacious eat-in kitchen displays stainless steel appliances, quartz counters, recessed lighting, subway tile backsplash, plenty of cabinets & cupboards, and a breakfast nook. Continue onto the large main bedroom to find plush carpet, direct outdoor access, crown moulding, an ensuite, and a walk-in closet. Enjoy a refreshing drink under the covered patio or plunge into the Community pool and forget about the warm weather. Hurry!

16030 S 32nd Place Phoenix, AZ 85048

$520,000
3 Beds
2 Baths
1,439 SqFt
Status Active
MLS # 6795430
Property Type Single Family Residence
Price Type --
Welcome to this beautifully refreshed home, designed with modern comforts in mind. The inviting interior offers a bright and spacious layout, blending contemporary updates with timeless charm. The master bedroom is a true retreat, featuring dual sinks in the en-suite bath and a sliding glass door with direct access to the serene backyard. Perfect for morning coffee or quiet evenings, the outdoor space is ready for your personal touch. Located within ''The Reserve'' HOA, this home enjoys the benefits of a well-maintained community. Conveniently positioned near top-rated schools, shopping, dining, and outdoor activities -- perfectly situated for those seeking suburban tranquility while staying connected to urban amenities, this home is a fantastic opportunity.

16435 N 46th Drive Glendale, AZ 85306

$520,000
4 Beds
2 Baths
2,070 SqFt
Status Active
MLS # 6794712
Property Type Single Family Residence
Price Type --
Welcome to this beautifully designed 4-bedroom, 2-bathroom home, complete with a spacious 2-car garage. From the inviting covered front courtyard to the spacious backyard with a versatile storage room that's perfect for a home office, this home blends comfort with functionality. Step inside to a bright and modern kitchen equipped with sleek granite countertops and stainless-steel appliances, including a microwave, range, and dishwasher. The adjacent laundry room offers ample space and added convenience. The heart of the home is a generously sized family room featuring a cozy wood-burning fireplace, perfect for relaxing or entertaining. The primary suite boasts laminate flooring, a luxurious en-suite bathroom with a walk-in shower, and a double sink vanity. Additional highlights include skylights that fill the home with natural light, ceiling fans for year-round comfort, and updated blinds throughout. Outside, you'll find a lush grass backyard, an RV gate with double gates, and plenty of room to enjoy. Ideally located just a short walk from a city park with a playground, this home also offers desirable East/West exposure and a neighborhood that's both convenient and welcoming. Don't miss this opportunity to make this move-in-ready home yours!

22811 E Stacey Road Queen Creek, AZ 85142

$520,000
3 Beds
2 Baths
1,776 SqFt
Status Active
MLS # 6794322
Property Type Single Family Residence
Price Type --
2024 built home in Harvest Meadows! New home with ALL THE THINGS already completed! Backyard landscaping, blinds, ceiling fans, pendant lights, interior paint upgrades & more! Offering 3 beds, 2 baths, a 2-car garage, & a low-care landscape. Home exudes elegance with tall ceilings, modern light fixtures, a soothing palette, tons of natural light, and tasteful floors - carpet & tile. The highlight of this house is the open layout that creates a seamless flow between the main areas, perfect for both everyday living and entertaining! The gourmet kitchen boasts SS appliances w/cooktop gas, granite counters, subway tile backsplash, a walk-in pantry, gray shaker cabinetry, and an island w/breakfast bar. Primary bedroom has an ensuite with dual sinks, a large tiled shower, & a walk-in closet. Designed for relaxing & entertaining, the backyard offers artificial turf and a covered patio w/extended pavers. Owned water softener & tankless water heater! This vibrant community offers a variety of amenities, including multiple parks, a children's playground, a picturesque lake, and community pools. Don't forget to check out Food Truck Wednesdaysit's a must! All of the benefits of a new build with none of the work or wait! The home is also in the 1 year builder warranty period.

7009 E Acoma Drive Unit 1135 Scottsdale, AZ 85254

$520,000
2 Beds
2 Baths
972 SqFt
Status Active
MLS # 6795661
Property Type Apartment
Price Type --
WELCOME HOME! This fully furnished, charming 2-Bed, 2-Bath Ground-Level Condo with Private Patio is a must see!This meticulously maintained unit offers direct access to a spacious, private patio just steps from the community pool. Enjoy resort-style living with the convenience of being within walking distance to Scottsdale Quarter, Kierland Commons, fine dining, world-class resorts, golfing, and more.Inside, you'll find an abundance of natural light flowing through the open floor plan, featuring dual master suites with large closets and en-suite bathrooms. Your covered parking space is conveniently located right in front of the unit for easy access.The amenities are second to none, including multiple pools, a spa, clubhouse, fitness center, media room, game room, and BBQ area!!

24407 S Starcrest Drive Sun Lakes, AZ 85248

$520,000
2 Beds
2 Baths
1,841 SqFt
Status Active
MLS # 6796076
Property Type Single Family Residence
Price Type --
Come enjoy all the amenities Sun Lakes has to offer. This highly desirable Palmera floorplan has recently been upgraded and is ready for its new owners. With 2 spacious bedrooms and 2 bathrooms, plus a flex room for an office this is truly a move-in ready home. Enjoy the beautiful walking path located directly behind the home, as well as a stunning clubhouse, pool, golf course, pickleball and tennis courts, ballroom, library, restaurants and so much more.

1529 E Mcnair Drive Tempe, AZ 85283

$520,000
3 Beds
2 Baths
1,760 SqFt
Status Active Under Contract
MLS # 6787485
Property Type Single Family Residence
Price Type --
Welcome to this beautiful move-in ready home located in a quiet South Tempe neighborhood! This single-story home offers 3 spacious bedrooms, 2 bathrooms, and 1,760 square feet of living space. The home is full of natural light and has hardwood oak flooring. Sitting on a nearly 10,000 sqft lot, the resort style backyard features a pebble tech play pool, large covered patio area, pergola, fruit trees and side yard with large storage shed. Conveniently located near the 101 and I-10 freeways. Nearby amenities include parks, canal walk, and shopping. No HOA! Perfect for your family!

2 E Muriel Drive Phoenix, AZ 85022

$520,000
4 Beds
2 Baths
2,414 SqFt
Status Active
MLS # 6618222
Property Type Single Family Residence
Price Type --
Charming 4-Bedroom Brick Home with a Dream Backyard in Phoenix!** Welcome to this spacious and inviting 4-bedroom, 2-bathroom home located at 2 E Muriel Dr, Phoenix, AZ 85022. This beautiful brick property boasts over 2400 square feet of living space, perfect for a growing family or those who love to entertain. Step inside and discover a bright and open floor plan, ideal for modern living. A large living area with plenty of space for relaxing and gathering with loved ones. A well-equipped updated kitchen with ample counter space and cabinetry. Four bedrooms, offering privacy and comfort for everyone. Two bathrooms, providing convenience for residents and guests But the true star of the show is the backyard! This fully fenced outdoor space is perfect for creating your own desert oasis and entertaining friends and family. Take a dip in the sparkling pool, complete with a thrilling water slide for added fun. Afterward, fire up the outdoor grill and enjoy a delicious BBQ on the patio or deck. The exterior of the home is equally impressive, with a charming brick facade that adds to the property's curb appeal. The front yard features low-cost desert landscaping, saving you money on water bills and upkeep, while still offering a beautiful and low-maintenance aesthetic. Location, Location, Location! This fantastic home is minutes away from everything you need for an enjoyable Arizona lifestyle. Desert Ridge: Immerse yourself in the excitement of Desert Ridge, offering world-class shopping, dining, and entertainment options. Pointe Golf Club: Hone your golfing skills or enjoy scenic views at the nearby Pointe Golf Club. Schools and Colleges: The property is conveniently located near excellent schools and colleges, ensuring a quality education for all ages. Employment Hub: Enjoy the convenience of being close to employment opportunities at Fortune 500 companies. Scenic Beauty: Take in the breathtaking beauty of the surrounding desert landscape. Easy Access: This property boasts easy access to major freeways, including I-17, AZ Route 101, and AZ Route 51, allowing for effortless commutes throughout the Phoenix area. Don't miss your chance to own this move-in-ready gem! This property is priced to sell at $550,000, making it an incredible value.

3131 N Central Avenue Unit 3011 Phoenix, AZ 85012

$520,000
2 Beds
2 Baths
1,125 SqFt
Status Active
MLS # 6579404
Property Type Apartment
Price Type --
*Construction completed* 5% BUYER INCENTIVE! Introducing Edison Midtown Phase 2 with 60 new construction condominiums. This spacious two bedroom condo offers ten ft. ceilings, an open floor plan, and large master bedroom with ensuite bathroom. Chefs kitchen offers expansive cabinetry, quartz countertops and stainless steel appliances including a gas range. Edison Midtown features incredible amenities for that perfect Urbanite lifestyle. A beautiful pool and lap pool, 2000 sq. ft. fitness center and lounge, and gated parking garage.

10325 W Windsor Avenue Avondale, AZ 85392

$520,000
3 Beds
3 Baths
3,329 SqFt
Status Active
MLS # 6715276
Property Type Single Family Residence
Price Type --
BEAUTIFUL SANTA BARBARA MODEL THAT SHOWS PRIDE OF OWNERSHIP! THIS HOME FEATURES : FRONT PORCH* PLANTATION SHUTTERS* DEN WITH A CLOSET THAT CAN EASILY BE CONVERTED TO A BEDROOM* GORGEOUS KITCHEN WITH ISLAND, FRENCH DOOR REFRIGERATOR(SS APPLIANCES PURCHASED IN 2023),LOTS OF CABINETS AND COUNTER SPACE,BUILT IN DESK, MASSIVE BUTLER PANTRY* BREAKFAST ROOM* OVERSIZED PRIMARY SUITE WITH DOUBLE SINKS, SEPARATE SHOWER AND TUB AND WALK IN CLOSET* WIDE STAIRWAY TO BEDROOMS AND LOFT, JACK AND JILL BATHROOM* NEWER A/C (2019 & 2022)* PROGRAMMABLE THERMOSTAT* 3 CAR TANDEM GARAGE * RAIN GUTTERS* BACKYARD HAS EXTENDED COVERED PATIO WITH INSET LIGHTING OVERLOOKING SOUTH MOUNTAIN WITH A CONCRETE WALKWAY TO SEATING AREA TO ENJOY THE TRANQUIL EVENINGS. EASY ACCESS TO 101, I10. CLOSE TO BANNER HOSPITAL , COSTCO,SHOPPING AND ENTERTAINMENT. BACKS UP TO CUSTOM ONE ACRE LOTS. CALL FOR APPOINTMENT TO SHOW.