Research consistently shows that landlords benefit financially when they allow tenants with pets. A 2005 study on Companion Animal Renters and Pet-Friendly Housing in the U.S. revealed that only 9% of landlords place no restrictions on pet ownership. However, those who do allow pets see greater returns.
A 2011 analysis in the Journal of Real Estate Finance and Economics found that pet-friendly landlords enjoy an 11.6% rental premium compared to those who ban pets — even after controlling for location, property size, and other factors.
Beyond higher rent, pet-friendly landlords experience lower vacancy rates, reduced advertising costs, and faster leasing times. In fact, they spend less than half the usual time marketing units and receive twice as many applications per vacancy.
Tenants with pets also stay longer — an average of 23 to 46 months more than those without pets.
Breed Restrictions Don’t Make Sense
Many landlords impose restrictions on certain breeds, particularly dogs that resemble pit bulls. But studies show breed is not a reliable predictor of aggression.
Misidentification is also common — DNA tests reveal that many dogs assumed to be pit bulls are actually mixed breeds with no significant pit bull ancestry.
Companies like Stonesfair Properties reject breed restrictions altogether, welcoming all responsible dog owners.
As Assistant Manager Karisa Simmons explained in 2011, most complaints and damages come from breeds that are typically unrestricted. Ultimately, it makes more sense to assess dogs by behavior, not breed or size.
Concerns and Solutions
While some landlords worry about potential issues with pets, practical solutions exist:
- Damage → Require a refundable pet deposit.
- Noise → Apply the same strategies used for children or stereo disturbances.
- Insurance coverage → Many major insurers, such as Farmers and State Farm, do not impose breed restrictions.
Additional requirements can further ease concerns, including proof of sterilization, obedience training, vaccinations, and references from past landlords.
Pet-Friendly Housing Saves Lives
Housing restrictions contribute directly to pet relinquishment. A 1998 study found that 29% of pets surrendered to shelters were given up due to housing issues — most commonly because landlords refused to allow pets.
In 2024, nearly 1,200 cats and dogs were euthanized in U.S. shelters every day simply for lacking a home.
Landlords have the power to change this. By opening more pet-friendly housing, they not only gain financially but also save lives.
The Bottom Line
Pet-friendly rentals create a win-win situation: landlords increase profits, tenants find stable housing, and fewer pets face abandonment. Restricting tenants with pets is a missed opportunity — both economically and ethically.
By leading the way and offering inclusive housing, landlords and property management companies can do the right thing and help ensure every pet has a chance at a loving home.
