Pet Deposit...what do YOU charge?

[Jordan Decuir]

I am currently marketing my first rental (sfr) and a few prospective tenants have a pet. Just curious as to what folks out there are charging in terms of pet deposits?

Basis for amount charged?

Refundable/Non-Refundable?

One example I have is: One dog, ~40 pounds, mixed breed (no pitbull or rottweiler), about 4 years old

[Nathan Gesner]

I know many others charge a non-refundable pet deposit. But if the tenant knows they can't get the money back, why would they take care of the home? I charge a refundable deposit that keeps out some of the riff-raff. However, it is a deposit that can only be applied toward cleaning and repairs a does nothing to put more money in the Landlord's pocket.

I am now switching to pet rent based on the type, size, etc. A bird may be $10 a month. Cat or dog under 20 pounds, $20. Dog 21-40 pounds, $30. Dog 41 pounds and up $40.

Two dogs under 20 pounds will earn the owner an extra $480 a year. Two large dogs would be an extra $960. Tenants won't normally spend that kind of money unless they are responsible and it's easier for them to swallow than a $500 non-refundable up front.