different rental price based on number of tenants in unit?

different rental price based on number of tenants in unit?

Real Estate Agent · Golden, CO · Member since 2017 · 20 posts · 10 votes

Our Denver 1/1 is an all-utilities-included unit because there's a single meter on our duplex.  Since those utility costs go up if there is a couple in the unit vs. a single person is there a way to charge accordingly?  or can you not have separate pricing based on 1 occupant vs. 2 occupants (which wold be our max with a 1/1).  thoughts on tackling this?  Thanks!

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Severna Park, MD · Member since 2013 · 7k+ posts · 7k+ votes
8y

I would base the rent amount on 2 tenants from the start . 

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  • Severna Park, MD · Member since 2013 · 7k+ posts · 7k+ votes
    8y

    I would base the rent amount on 2 tenants from the start . 

  • Real Estate Agent/Investor · Peoria, AZ · Member since 2016 · 2k+ posts · 2k+ votes
    8y

    You may want to refer to your local tenant/landlord laws and maybe even speak with a real estate attorney on this one. I cannot answer as to what the rules/laws are in Denver, but adjusting the rental rate based on number of occupants sounds like a violation of the Fair Housing Act. This may constitute discrimination on the basis of familial status.

  • Investor · Chicago, IL · Member since 2016 · 1k+ posts · 930 votes
    8y

    It's definitely a violation of the Fair Housing Act

  • Rental Property Investor · Erie, PA · Member since 2018 · 6k+ posts · 9k+ votes
    8y

    Can’t charge more for kids

  • Real Estate Agent · Golden, CO · Member since 2017 · 20 posts · 10 votes
    8y

    Yeah, sounds like one price fits all despite the utility usage differences.  Thanks!

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