As the rental market becomes more competitive, keeping your property relevant with modern features is crucial to attracting and retaining tenants. Certain amenities can make it easier to market your property and maximize occupancy rates, ensuring a steady income stream.

But what amenities are the best choice for your Maryland rental property? Keep reading to learn about the features that tenants today are looking for in their next home.

Smart Home Features

Smart home technology is rapidly gaining traction among renters who appreciate convenience and energy efficiency.

Features such as smart thermostats, automated lighting, and smart locks allow tenants to control their environments remotely, enhancing their living experience and peace of mind. 

Investing in smart home amenities not only attracts tech-savvy renters but also sets your property apart in a competitive market.

Electric Vehicle (EV) Chargers

Hybrid and electric vehicles (EVs) are continuing to grow in popularity. However, these vehicles require chargers, something many rental properties are lacking.

Installing an EV charging station at your property or rental community is a major selling point for people who have hybrid and electric vehicles. These charging stations not only support tenants’ charging needs but also show that you are committed to sustainability and accommodating your tenants as a landlord.

EV charging stations are an especially attractive feature in urban areas where public charging facilities may be limited.

Pet-Friendly Spaces

Pet-friendly spaces are crucial in today’s rental market, as data shows that 59% of renters have at least one pet. That’s a huge segment of the market you could be missing if you don’t offer pet-friendly features as a landlord.

Renters are looking for amenities that make life easier for them and their furry friends, including green spaces, fenced-in communal play areas, pet washing stations, and designated walking spots for dogs and even cats. 

These features set your property apart while catering to pet owners and building a sense of community among residents who love animals.

Pool and Longue Areas

Having a pool at your rental property can be a sought-after feature for tenants. Whether for leisure or exercise, a well-maintained pool area can significantly enhance the enjoyment of your property.

Adding community amenities like lounge areas, gazebos, or a grilling station can make the pool even more appealing, creating an inviting environment for tenants to gather and relax.

Fitness Center

Health and wellness are top priorities for many tenants, but many don’t want to pay extra for a gym membership or travel to a separate building to work out. Offering an on-site fitness center, complete with equipment for both cardio and strength training, can be a strong selling point.

Access to a gym can save tenants time and money, not to mention make their health and wellness goals more attainable. If you have a single-family home as your rental, consider adding an area that can be used for fitness in the house.

Energy-Efficient Appliances and Features

With rising energy costs and a growing emphasis on sustainability, energy-efficient appliances and features appeal to tenants.

Items such as ENERGY STAR®-rated refrigerators, dishwashers, and washing machines, as well as energy-efficient window treatments, help reduce utility bills while reducing your property’s carbon footprint.

Highlighting these features in your listing can attract tenants who are conscious of their energy bills as well as those wanting to minimize their environmental impact.

Security Systems

Tenant safety is paramount. Investing in security systems, including controlled access points, surveillance cameras, and alarm systems, can provide peace of mind and make your property more attractive to renters who prioritize security.

These security measures not only appeal to tenants but also reinforce the message that their safety is a priority. Be sure to note convenient features like app-controlled access control or real-time video that can enhance a tenant’s experience at your property. 

Find Your Best Tenants With FAS

What features would make the most sense to implement for your Maryland income property? If you’re looking to elevate your rental property with professional management solutions from a team that understands market trends and tenant needs, FAS Management is here to help. Contact us today at (202) 337-5080 to learn more.