Skip to Content

Surprising Benefits of Pet-Friendly Rental Properties

Man and woman using laptop sitting on floor with dog at new pet friendly rental There are many reasons why Belleview landlords should let renters keep dogs in their rental properties. In reality, before deciding to accept dogs, the majority of landlords consider advantages including the ability to charge pet deposits and higher rent. There are other, unanticipated benefits to allowing pets that single-family rental property owners should be aware of. The top 5 reasons for allowing tenants to keep pets in your rental property are listed below.

Increased Property Values

One of the most compelling arguments for allowing tenants to have pets is that it can increase the property’s value. According to studies, pet-friendly properties appreciate more quickly than properties that do not allow pets. Moreover, property purchasers frequently search for homes with pet-friendly features, such as pet doors, fenced-in yards, etc. A rental home that allows pets may charge more money than it normally would.

Shorter Vacancies

The appeal of your house to potential renters can also be boosted by allowing animals. A recent survey revealed that, in reality, more than half of all renters would be more inclined to rent from a landlord that allows animals. This implies that permitting pets in your rental property will likely lower vacancy time.

Fewer Repair and Maintenance Issues

Contrary to popular assumption, tenants with pets are less likely than those without pets to harm your property. This is due to the fact that renters who have animals are typically more trustworthy tenants in general. Many pet-owning tenants are familiar with the responsibilities of pet maintenance and are likely to apply the same standard of care to the rental property.

Increased Security

Another persuasive argument in favor of tenants allowing pet ownership is the potential increase in home security. Studies show that the prevalence of crimes like burglary and vandalism was lower in homes with pets. This is likely because criminals are less likely to target a home with an animal companion present.

Improved Tenant Health

Lastly, allowing tenants to maintain pets can be extremely beneficial to their state of being. There is evidence that pets reduce anxiety, blood pressure, and cholesterol levels. Additionally, they can help boost social interaction and physical activity. Renters with animals are frequently healthier than those without for all of the aforementioned reasons.

There are a lot of good arguments in favor of letting tenants have pets, as you can see. If you were on the fence about allowing pets, maybe this list has persuaded you to give it a try! Your property and tenants will appreciate it.

Want an expert’s opinion on how to make your rental property more pet-friendly? Contact your local Real Property Management office today!

We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.

The Neighborly Done Right Promise

The Neighborly Done Right Promise ® delivered by Real Property Management, a proud Neighborly company

When it comes to finding the right property manager for your investment property, you want to know that they stand behind their work and get the job done right – the first time. At Real Property Management we have the expertise, technology, and systems to manage your property the right way. We work hard to optimize your return on investment while preserving your asset and giving you peace of mind. Our highly trained and skilled team works hard so you can be sure your property's management will be Done Right.

Canada excluded. Services performed by independently owned and operated franchises.

See Full Details