Zillow Advice: Rentals - Is a 5 bedroom rental more desirable and demand higher rent than a 4 bedroom? http://www.zillow.com/advice-thread/Is-a-5-bedroom-rental-more-desirable-and-demand-higher-rent-than-a-4-bedroom/480660/ Zillow Advice | Zillow Real Estate In my market (Norman, OK), ... http://www.zillow.com/advice-thread/Is-a-5-bedroom-rental-more-desirable-and-demand-higher-rent-than-a-4-bedroom/480660/ <p>In my market (Norman, OK), you will find that there is no surplus of 5 bedroom rentals, especially at a moderate price.&nbsp; In general, the more sq footage and the more bedrooms will affect the rental price.&nbsp; The mere fact that supply and demand is in full swing will also help price.&nbsp; There are not that many available so they go fast and at a higher price.&nbsp; For a larger family, the bedrooms can be used and for a smaller family, the extra space can equal kids' playroom or an office.&nbsp; Your pool of tenants remains fairly wide.<br/><br/>One thing to consider:&nbsp; Many realtors have mentioned the 5 bedroom rental a plus near universities.&nbsp; Here in Norman there is a city ordinance saying that no more than three unrelated persons may rent a property.&nbsp; If your intent is to rent to students (in order to maximize rental return), a three bedroom rental may bring you better results.&nbsp; Make sure to check local restrictions and homeowner association restrictions on rentals before you buy.&nbsp;</p> Fri, 04 Oct 2013 13:26:00 GMT http://www.zillow.com/advice-thread/Is-a-5-bedroom-rental-more-desirable-and-demand-higher-rent-than-a-4-bedroom/480660/ 2013-10-04T13:26:00Z Even if it is not being used ... http://www.zillow.com/advice-thread/Is-a-5-bedroom-rental-more-desirable-and-demand-higher-rent-than-a-4-bedroom/480660/ 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.<br/><br/>But extra bedrooms for rent near colleges and hospitals came mean more money.<br/><br/>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.<br/>-Joseph- Tue, 10 Sep 2013 09:59:00 GMT http://www.zillow.com/advice-thread/Is-a-5-bedroom-rental-more-desirable-and-demand-higher-rent-than-a-4-bedroom/480660/ 2013-09-10T09:59:00Z If so, not by much... http://www.zillow.com/advice-thread/Is-a-5-bedroom-rental-more-desirable-and-demand-higher-rent-than-a-4-bedroom/480660/ If so, not by much... Tue, 10 Sep 2013 05:47:00 GMT http://www.zillow.com/advice-thread/Is-a-5-bedroom-rental-more-desirable-and-demand-higher-rent-than-a-4-bedroom/480660/ 2013-09-10T05:47:00Z Overall, a 4 bedroom is a ... http://www.zillow.com/advice-thread/Is-a-5-bedroom-rental-more-desirable-and-demand-higher-rent-than-a-4-bedroom/480660/ 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.. Tue, 10 Sep 2013 02:53:00 GMT http://www.zillow.com/advice-thread/Is-a-5-bedroom-rental-more-desirable-and-demand-higher-rent-than-a-4-bedroom/480660/ 2013-09-10T02:53:00Z Usually the more bedrooms, ... http://www.zillow.com/advice-thread/Is-a-5-bedroom-rental-more-desirable-and-demand-higher-rent-than-a-4-bedroom/480660/ Usually the more bedrooms, the higher the rent. There can definitely be&nbsp;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. Thu, 28 Feb 2013 06:45:00 GMT http://www.zillow.com/advice-thread/Is-a-5-bedroom-rental-more-desirable-and-demand-higher-rent-than-a-4-bedroom/480660/ 2013-02-28T06:45:00Z