GITNUX MARKETDATA REPORT 2024

Statistics About The Average Pet Fee For Rental

The average pet fee for rental properties is around $300 per pet, with variations depending on location and housing type.

Last Updated: June 23, 2024

Written & Summarized by: Jannik Lindner

How we write

In this post, we examine the landscape of pet-related fees in the rental market, shedding light on the average costs and trends faced by pet owners across different cities in the U.S. From average pet deposits to the prevalence of pet fees charged by landlords, we delve into various statistics that paint a comprehensive picture of the financial aspects of renting with pets.

Statistic 1

"Average pet deposit charged by landlords in 2020 was $322."

Statistic 2

"85% of pet-owning tenants were charged a pet-specific fee or deposit."

Statistic 3

"In New York City, the average pet deposit is roughly 40-85% of monthly rent."

Statistic 4

"In San Francisco, the average pet deposit is 67% of a month's rent."

Statistic 5

"65% of pet owners in the U.S. paid pet deposits in 2018."

Statistic 6

"Landlords in Seattle usually ask for a pet deposit of up to 25 percent of monthly rent."

Statistic 7

"91% of landlords require a pet fee for cats."

Statistic 8

"34% of landlords reported pet fees as a major source of profit."

Statistic 9

"About 72% of renters have pets, and a significant number of landlords charge pet fees."

Statistic 10

"More than 70 % of apartment renters pay pet fees of some type."

Statistic 11

"Non-refundable pet fees are becoming more common in the rental sector, ranging from $200 - $500."

In conclusion, pet-related fees and deposits are common practices in the rental market, with varying amounts charged by landlords across different cities. The statistics show that a majority of pet-owning tenants are required to pay some form of pet fee or deposit, with these charges often being a significant source of profit for landlords. The data also indicates a trend towards non-refundable pet fees, which are increasingly being implemented at various price points. Overall, the prevalence of pet-related charges highlights the importance of understanding and factoring in these additional costs when renting with pets.

Jannik Lindner

Jannik is the Co-Founder of Gitnux and has been working in the digital space since 2016. He is specialized in content and tech.

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