Higher rent for tenant selection

[Shawn H.]

Will increasing the rent, above other area rentals, limit possible unwanted tenant applicants? The area we are in does not have many 'nice' rentals. Most are smaller and lesser quality than what we offer. I feel the higher rent is justified. We have set our rules/requirements high as well to limit the amount of tenants that are not qualified, either financial or background check. Obviously we want good qualified tenants without having to turn down a lot of applicants. Thanks