---
title: "Pet Friendly Rental Properties Increase Profits in Southern Maryland"
description: "There are substantial benefits to making your rental property Pet-Friendly. Allowing Pets increases the bottom-line of your Southern Maryland Rental Unit."
url: https://realpmgold.multisites.ai/pet-friendly-rental-properties-increase-profits
publisher: Real Property Management Gold
phone: +1-301-392-2172
assessment: https://realpmgold.multisites.ai/contact-us#assessment
---

# Pet Friendly Rental Properties Increase Profits in Southern Maryland

MaintenancePublished June 1, 2015Updated May 25, 2017

From ripped carpets and scratched floors to accidents and odors, we are all familiar with a pet’s potential to damage apartments. However, responsible pet owners can actually be beneficial to your Southern Maryland income property. There are several important factors to consider when deciding on a pet policy for your rental property management plan.

Aside from the problems animals may cause, there are substantial benefits to allowing your tenants to have pets.

-   **Allowing pet-friendly rentals increases your bottom-line**. A 2011 analysis of the condominium market in the _Journal of Real Estate Finance and Economics_ found that pet-friendly landlords who place no restrictions on pet ownership currently enjoy an 11.6 percent rental premium over those who do not allow pets.
-   **Tenants with pets in Southern Maryland stay longer.** Even with a higher rent, tenants with pets stayed an average of 23 to 46 months longer than those without pets.
-   **Pet-friendly rental properties have significantly lower vacancy rates.** In addition, these rental properties received twice as many applicants for a vacant unit than properties that did not permit pets. This allows property managers to be more selective when choosing a tenant considering you will have a larger group to choose from.
-   **Renting to pet owners saves time and money.** Landlords spent less than half the average amount of time marketing pet-friendly housing, and spent less money on advertisements.

_Source: Ledy VanKavage, Esq., Best Friends Animal Society via DogFriendlyRental.com_

First published by Real Property Management Gold on June 1, 2015. Details may have changed since then; current rules are in the [Landlord Center](https://realpmgold.multisites.ai/landlord-center).

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