For a $2,000 apartment in Seattle, that would translate into a maximum of $500 for the pet deposit. In Seattle, for instance, landlords can charge up to 25% of one month’s rent for a pet deposit, in addition to the security deposit and other fees. Be aware that some states or municipalities have laws that limit the amount you can charge. Landlords may also charge a monthly rate of $25 to $100 for pet rent. Pet deposits and fees vary, but typically range from $200 to $500. How much should a landlord charge for pets? Keep in mind that neither service animals nor support animals are considered pets according to fair housing law, and you cannot charge upfront pet-related fees based on a tenant’s use of a service animal, even if you have a no-pets policy. Some landlords choose to charge a non-refundable pet fee instead of a pet deposit. Should I charge a pet deposit?ĭepending on where your rental is located, it may be common to ask for both a pet deposit and pet rent when renting to tenants with pets. While both pet rent and pet deposits may be used to pay for damage caused by pets, it’s important to note that they are separate and handled differently in a rental agreement. Because pets may cause more overall wear and tear on the home, the extra income from pet rent can help cover costs such as more frequent carpet cleaning/replacement or painting needed at a rental property that allows pets. Unlike a one-time pet deposit or fee, pet rent is a monthly amount paid in addition to the standard rent. A pet fee is also a one-time charge, but it’s a non-refundable amount that a renter pays upfront for the privilege of having a pet in the rental.ĭepending on the terms of your lease, pet damage may be considered damage beyond normal wear and tear like urine stains on the carpet, or chewed or scratched floors, walls or doors. The biggest difference between these charges is refundability: A pet deposit is a one-time, refundable amount that a tenant pays to cover the costs of damage to the rental property caused by pets. What is the difference between a pet deposit and pet fee? Charging a pet fee, pet deposit or pet rent can help mitigate your risk or cover the cost of pet mishaps, and it may also encourage greater responsibility on the part of your tenants while sharing a rental home with their pets. īecause animals have the potential to cause damage, however, it’s also wise to plan ahead if you decide to allow pets in your rental. In fact, 47% of renters in a recent Zillow survey said it was very or extremely important for a rental to allow their pets.* Considering that a significant number of renters are pet owners - 60% of single-family renters and 42% of multifamily renters, according to the same survey - you may decide to tap into that pool of animal lovers when advertising your property. How much should a landlord charge for pets?įor many people, pets are part of the family. ![]() ![]() What is the difference between a pet deposit and pet fee?.
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