3 bedroom 2 bath versus 3 bedroom 1 bath

[Account Closed]

I’ve decided to purchase my first rental property and I’m targeting a 3 bedroom, 2 bathroom single family house in a high growth, desirable area near me which has good schools. The market is booming and very tight in this area so there haven’t been many options, however a home that has 3 bedrooms and 1 bathroom just came on the market today.

I’m sure this varies by area, but generally how much of an impact does a 3 bedroom home having 1 bath instead of 2 baths typically have on rental rates and the ability to fill the unit? This house is in great condition, in a nice neighborhood close to downtown, and priced competitively. Having 1 bath is not ideal, but I’m worried if I pass this one up I may not find another option of this quality at this price.

[Kyle Keller]

@Eric Brown

It might change the price it will rent at, but it shouldn't change the speed it will rent at, as long as the price is right.

You could do a quick rentometer search in the area of 3/2 vs 3/1 to see what the difference in rent might be.