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.

18337 W Stinson Drive Surprise, AZ 85374

$525,000
4 Beds
3 Baths
2,882 SqFt
Status Active
MLS # 6767085
Property Type Single Family Residence
Price Type --
Home, sweet home! This beautiful 4 bed, 3 baths, residence is looking for its new owners! Great curb appeal, a low-care landscape, and a 2 car garage are just the beginning. Discover a spacious dining & living areas w/crown moulding, tile flooring, and neutral palette throughout. Prepare delicious meals in this gorgeous kitchen, comprised of wood cabinetry, granite counters, tile backsplash, stainless steel appliances, pendant & recessed lighting, and a two-tiered peninsula w/a breakfast bar. Upstairs you'll find a cozy loft where you can spend a relaxing Sunday afternoon! The primary bedroom features soft carpet, a charming bay window, a walk-in closet, and a private ensuite w/dual sinks. Also including a lovely backyard w/a covered patio, extended paver seating area, and a refreshing pool perfect for the summer! What are you waiting for? Act now!

12318 W Rovey Avenue Litchfield Park, AZ 85340

$525,000
4 Beds
2 Baths
2,313 SqFt
Status Active
MLS # 6766839
Property Type Single Family Residence
Price Type --
This beautifully renovated 4-bedroom, 2-bath property combines modern elegance with comfortable living. As you step inside, you'll be greeted by fresh, new paint that enhances the bright, open layout. The heart of the home features an updated kitchen, complete with brand-new quartz countertops and ample cabinet space, perfect for culinary enthusiasts and family gatherings. You'll find energy-efficient solar panels that are paid off, making this home very economical. Step outside to discover your private outdoor paradise! The recently refinished pool glistens under the sun with a newly done pool deck & brand new pool equipment, ready for entertaining friends and family. Located just minutes from the Westgate Entertainment District, State Farm Stadium, spring training ballparks & more!

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.

4140 N 21st Street Unit 5 Phoenix, AZ 85016

$525,000
3 Beds
2.5 Baths
2,027 SqFt
Status Active
MLS # 6719540
Property Type Townhouse
Price Type --
Freshly painted & new carpet, this townhome is priced to move! Located in a quaint & quiet complex w/only 8 units, this townhome offers that single family feel without the maintenance. End unit, 3 beds, 2.5 baths & attached 2 car garage. Open floor plan w/tile flooring, gas fireplace, newer AC, shutters & separate laundry room w/sink. The kitchen has a plethora of cabinets, granite counters, large island, stainless appliances & pantry. Upstairs you'll find a HUGE primary bedroom w/large walk in closet & ginormous shower w/2 shower heads! Down the hall you'll find 2 more bedrooms, both w/walk in closets & full bathroom. 1/2 bath on main floor. Plenty of storage on both levels. Private patio w/common area access. With a walk score of 70, you're conveniently close to all Phoenix has to offer

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!

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.

633 S Golden Key Street Gilbert, AZ 85233

$525,000
3 Beds
2 Baths
1,877 SqFt
Status Active
MLS # 6772178
Property Type Single Family Residence
Price Type --
HUGE $15,000 Price Reduction!!! Discover this premium CORNER LOT home just a short walk from DOWNTOWN GILBERT, nestled in a SAFE, quiet community with endless walking paths, LAKES, and parks. Enjoy a spacious backyard featuring a COVERED PATIO and a sparkling, HEATED POOL/SPA—the perfect size for cooling off or heating up! (NEW pool heater/cooler (2023) This DESIRABLE FLOOR PLAN boasts a stunning front-to-back entry, a LARGE OPEN FAMILY ROOM/kitchen and dining area ideal for entertaining or game nights. Modern touches include GRANITE COUNTERS and newer appliances in convenient walk-through kitchen. Recent: NEW WATER HEATER (2024), NEW RO AND WATER TREATMENT SYSTEM/SOFTENER (2021), and a NEW ROOF (installed 10/2024). Located near A+ Gilbert schools, gyms, restaurants, shopping, and MORE! MOVE IN TODAY!

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.

27524 N Montana Drive Rio Verde, AZ 85263

$525,000
2 Beds
2 Baths
1,730 SqFt
Status Active
MLS # 6751350
Property Type Townhouse
Price Type --
Beautiful turnkey townhome in the gated community of Tonto Verde. Located in a quiet cul-de-sac, backing to the beautiful driving range and a short walk to the clubhouse and its amenities. Great room style living with fireplace and walls of windows taking in the backyard views and gorgeous sunsets. Split floor plan with 2 large bedrooms and 2 full baths. Primary bedroom with access to the spacious patio and primary bath with dual vanities, tub, walk in shower and walk in closet. Kitchen with center island and cooktop, breakfast counter and dining that is open to the lush landscaping with floor to ceiling windows. New Interior paint 2024, New roof in 2022, New HVAC in 2020, New Hot water heater in 2022 and New Washer/Dryer in 2020. Oversized 2.5 car garage with golf cart access

9536 E Travertine Avenue Mesa, AZ 85212

$525,000
3 Beds
2.5 Baths
2,184 SqFt
Status Active
MLS # 6777662
Property Type Single Family Residence
Price Type --
$7,000 offered to buyer for closing costs by seller! Model perfect, as you walk thru the front door, you will notice the vaulted ceiling, 20'' tile flooring in all the right places & upgrades galore! Open concept kitchen features large island with granite counters & upgraded espresso cabinets. Electric fireplace w/ shiplap, pre-wired surround sound, spacious kitchen & pantry with additional under stairs storage & mud room with built ins are just the beginning. 2nd level has a spacious open loft area, laundry with cabinet & sink option, upgraded feature walls in bedrooms 2 & 3 to the large master bedroom with walk in shower to the expansive walk-in closet, this home does not disappoint! A true gem within a resort style community with parks, pools, work out facility, entertaining & more

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!

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.