The Impact of Smart Home Tech on Rental Value

By PropsManager Team | Dec 17, 2025

The Impact of Smart Home Tech on Rental Value

Tech-savvy tenants, especially Gen Z and Millennials, value smart home features.

Top Smart Upgrades

1. Smart Locks: No more re-keying locks! You can just change the code. Tenants love the keyless entry.
2. Smart Thermostats (Nest/Ecobee): Helps tenants save on utility bills.
3. Video Doorbells (Ring): Adds a layer of security and convenience for package delivery.

ROI

While you might not get a massive rent hike ($20-30/month maybe), these features reduce vacancy time. They make your listing stand out and rent faster.

Operational Benefits

• Leak Detectors: Smart water sensors can alert you to leaks before they become floods.
• Remote Access: Let in maintenance workers remotely (with tenant permission).

Conclusion

Smart tech is a relatively low-cost upgrade that modernizes your property and protects your asset.