Whether you own a short-term or a long-term rental, deciding on the flooring is not the same as choosing the flooring for your own home. Although aesthetic and overall look is important, durability and maintenance should be top of mind. This is because it is safe to assume your rental property will experience more wear and tear so opting for a low maintenance option is always best. The final consideration is cost, however, don’t be fooled by a too good to be true price tag. Sacrificing durability and performance for a low-price tag could end up costing you more in the long run.
To ensure you get the best return on your investment, we are breaking down the worst to best flooring options for your rental property.
It is no surprise; everyone loves the look of hardwood! However, it may not be the best option for your rental property. Hardwood is one of the most luxurious and sought-after flooring options which means it is one of the least affordable options. Although it can be sanded and re-stained when needed, it is very susceptible to moisture, so it is not ideal for damp areas, i.e. bathrooms, laundry rooms and entryways. It is also hard to repair when damage occurs (and let’s be honest, damage and wear and tear is inevitable in rental homes). Unless the look and feel you are going for is a luxurious one, we do not recommend installing hardwood.
Carpet isn’t the most popular flooring option these days but that doesn’t mean it is not suited for your rental home (yes, even if you offer a pet-friendly rental!). Carpet is great for adding warmth and making a home feel cozy, perfect for bedrooms and living rooms. The pros of carpet is that it is cost effective and easy to install. From a renter’s perspective, the top benefit of carpet, aside from the coziness it offers, is its sound absorption. The downside to carpet is that it will begin to show wear and tear, especially in high-traffic areas. If you offer a pet-friendly rental there are a number of pet-friendly carpet options on the market that are low maintenance and stain resistant.
Tile is ideal for rental properties as it is long lasting and easy to maintain. It also is not affected by moisture making it perfect for the wet zones in the home. Renters also consider it an upgrade in terms of aesthetic, but they will also love the peace of mind it offers when it comes to maintenance. It is easy to clean and is one of the most durable options on the market. Really, the only downside to tile is that it is one of the more expensive floors to install due to the tools, adhesives and skill needed.
Luxury vinyl plank & tile is one of the most popular flooring choices amongst rental homeowners. This is because not only is it affordable, but you also don’t have to sacrifice style! For a homeowner it is great because it is easy to DIY and it is easy to repair if damage occurs by popping out the tile or plank where the damage is and replacing it. It is more durable than real hardwood (although it looks just like it!), it is scratch resistant and now available in several water resistant and waterproof options. When it comes to finding a floor that is both long-lasting and eye-catching, luxury vinyl cannot be beat.
With many of the same pros and cons as luxury vinyl, laminate is a great option for a rental property. The best part is how far the styles have come in recent years. They look so much like the real thing; it can be hard to tell laminate apart from real hardwood. It is also affordable, easy to maintain, durable and there are options that are water resistant and waterproof. Finally, a benefit homeowners love is just how easy it is to DIY and repair when damage occurs, just like luxury vinyl. Laminate is truly a pet and family friendly flooring option that is perfect for anywhere in the home!