Marketing My Rental, Need Some Advice

[Thomas O'Donnell]

I currently have my duplex listed (I live in one unit) but it has not been getting many leads at all. It is in a class C area, and my minimum requirements are credit score 600+, no evictions, no smoking, renter's insurance required, and income 3x the rent. I had listed it for $1500 originally, but I realized that this may have been too high due to being a duplex, having no laundry and not allowing pets. Rents in the area for a 3bed/1bath range from $1200-$1600 on the really high end. I have since lowered rent to $1,395 (water is included in this) and am now allowing a minimum of 2 cats. I am wondering if what is stopping leads from coming in is the price, renter's insurance or the credit score due to the area just being decent (although it is a mile from the Nationwide's Children Hospital). I had leads come in a few weeks back, but most people did not meet the credit requirement, income or renter's insurance so I did not proceed with any showings. I have thought about lowering the price again, but I don't really want to budge on credit score or income. I would love to see what you guys think I should do to attract more leads, as I do not want to get stuck paying the full mortgage for another month.

[Nathan Gesner]

Quote from @Thomas O'Donnell:

There are about 50% more dog owners than cat owners and cats are more likely to destroy a unit. I would open it up to one dog with restrictions (under 30 pounds, animal must be spayed/neutered, at least one year old, and a reference from the immediate past Landlord).

I suspect you're still over-priced. 3bed/1bath with no laundry? If I had the money, I would install laundry in the closet of the smallest bedroom and make that a laundry/office.