Profile picture for user88153751

Is a 5 bedroom rental more desirable and demand higher rent than a 4 bedroom?

  • February 27 2013 - Norman
  • 0
    0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.

Answers (5)

In my market (Norman, OK), you will find that there is no surplus of 5 bedroom rentals, especially at a moderate price.  In general, the more sq footage and the more bedrooms will affect the rental price.  The mere fact that supply and demand is in full swing will also help price.  There are not that many available so they go fast and at a higher price.  For a larger family, the bedrooms can be used and for a smaller family, the extra space can equal kids' playroom or an office.  Your pool of tenants remains fairly wide.

One thing to consider:  Many realtors have mentioned the 5 bedroom rental a plus near universities.  Here in Norman there is a city ordinance saying that no more than three unrelated persons may rent a property.  If your intent is to rent to students (in order to maximize rental return), a three bedroom rental may bring you better results.  Make sure to check local restrictions and homeowner association restrictions on rentals before you buy. 

  • October 04 2013
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Even if it is not being used as a bedroom it is still a room to use...home office, extra storage room....can't see where that would be a negative anywhere.

But extra bedrooms for rent near colleges and hospitals came mean more money.

If someone was looking for a 4 bedroom rental then they can see that extra room as being a plus...I would take an extra room any day...even a crappy one.
-Joseph-
  • September 10 2013
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

If so, not by much...
  • September 09 2013
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Overall, a 4 bedroom is a more versatile rental unit. More families are looking for a 4 bedroom rental over a 5 bedroom rental. So, a 4 bedroom may be easier for you to find a renter. However, there are some situations where a 5 bedroom is much more desirable. For example, areas that are located close to a university..
  • September 09 2013
  • 1Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Usually the more bedrooms, the higher the rent. There can definitely be exceptions. For instance, a newer 4 bedroom home with upgrades may rent more than a 5 bedroom home that is older and rundown. But with everything being equal - location, condition, sq. footage - a 5 bedroom should get more rent.
  • February 27 2013
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.