Owning a rental property is a big responsibility when it comes to keeping the place in livable condition for your renters. When someone moves out chances are that you will have to replace or update the flooring in the rental in order to get top dollar for the place when you rent it out again. The best way to take care of this situation is to use laminate flooring, or even carpet.

Carpet

Carpet is one of the least expensive flooring options to use in rental properties. You can find great deals on low end carpet, and you can usually install it pretty quickly. Low end carpet will cost you anywhere for less than $5 per yard and even less if you have the time to do some research. Cheap padding will cost you an additional $2- $3 per yard so you are looking at about $6 or $7 a yard for the entire setup. While carpet is one of the more inexpensive flooring on the market, it won't hold up as long as other options such as laminate flooring.

Laminate Flooring

Laminate flooring can be affordable and durable which makes it perfect for a rental property. This kind of flooring holds up well to accidents, scratches, scuffs and stains. Low end options can be almost as affordable as carpeting and it will last a lot longer so it's probably your best bet if you have a little more money to invest. Because laminate flooring does not do well with moisture or water, it's not a good idea to use it in kitchen or bathroom areas. All in all laminate flooring can be had for as little as $7 a yard.