Why Pet-Friendly Housing Attracts More Tenants in the Monthly Rental Business
As a landlord, you want your rental property to appeal to as many potential tenants as possible. One easy way to increase your rental's attractiveness is by allowing pets. At Furnished Finder, we've found that over 30% of travelers using our platform are traveling with a pet. With such a significant portion of renters seeking pet-friendly housing, allowing pets can help you fill vacancies faster and appeal to a broader audience.
Let’s dive into why making your monthly rental pet-friendly could be one of the smartest moves for your property.
1. Pet owners are actively searching for pet-friendly homes
A large number of renters have pets, but finding pet-friendly housing, especially for monthly stays, can be a challenge. By positioning your property as pet-friendly, you immediately set yourself apart from the competition. Travelers who bring their pets on monthly stays are often professionals on temporary assignments, families in transition, or snowbirds who don't want to leave their pets behind.
If you want more eyes on your listing, welcoming pets is an easy way to make your rental more desirable. Allowing pets increases your chances of receiving inquiries—especially from those willing to pay a premium for pet-friendly housing. It will also make your listing appear when travelers are using the “Pets Welcome” filter during their search.
2. An additional layer of coverage is available with the Damage Protection Plan
It’s natural to worry about potential wear and tear when you allow pets. That's where the Damage Protection Plan (DPP) comes in. DPP helps protect you against unexpected property damage, including damages caused by tenants’ pets.
Here’s what you should know about pet damage coverage:
- Covered under DPP with a $300 deductible
- Coverage limit of up to $1,000
- Helps address issues like scratched floors, chewed furniture, or pet accidents
This extra protection can give you the peace of mind you need to confidently offer pet-friendly housing.
3. Improved retention and tenant satisfaction
Tenants who are able to bring their pets with them are often happier and less stressed. This contributes to better tenant satisfaction and can increase the chances of repeat bookings. Word-of-mouth is powerful in the rental world, and if pet owners have a good experience at your property, they’re likely to recommend it to others and give you great reviews!
Plus, with Furnished Finder's pet-friendly filters, tenants specifically searching for properties that allow pets are more likely to find your listing. The more appealing your property is to a wider audience, the better your chances of keeping it occupied year-round.
4. Stand out from the competition
Not every landlord allows pets, so making your property pet-friendly is a surefire way to stand out in a crowded market. Many travelers, especially those staying for extended periods, aren’t willing to leave their pets behind. By positioning yourself as a pet-friendly landlord, you’re likely to attract a loyal and committed group of renters.
With Furnished Finder, you can easily add a pet-friendly tag to your listing, ensuring your property gets in front of the right audience. And by employing Damage Protection Plan, you can confidently take on pet-owning renters while protecting your investment.
By allowing pets in your monthly rental, you can attract more renters, keep your property occupied longer, and potentially increase your rental income. Plus, with the Damage Protection Plan from Furnished Finder, you can enjoy the benefits of having pet-friendly housing without worrying about property damage.
It’s a small change that can lead to big returns—so why not give it a try? Ready to list your property? Click here to get started.