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Smart Locks and Rental Properties: Protecting Tenants and Landlords Alike

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4 cups with lock on it on the yellow background

Smart locks are a game changer for rental properties—keyless convenience for tenants, easy management for landlords, and better security for everyone.

Owning rental properties can take many forms—from urban apartments to suburban homes or vacation properties. It’s no secret that many landlords manage their properties remotely, as they may live far away or own properties in different locations. Ensuring security can be challenging for those who cannot be physically present. That’s why smart locks are a practical solution for landlords, making remote property management easier and offering convenience to tenants.

Benefits for Tenants

Smart locks aren’t just about security—they’re also incredibly convenient, especially with their remote access capabilities. There’s no need to keep track of physical keys, which is particularly important in shared or multi-unit housing. 

A standout feature is temporary access. Tenants can share access with guests or service professionals without needing to be present. For instance, they can grant secure, temporary access to a handyman scheduled for monthly home maintenance. This reduces inconveniences and ensures proper upkeep of the property. 

Benefits for Landlords

Landlords save time and effort with smart locks. When tenants move in and out frequently, access can be reset without needing to replace locks. This enhances security while reducing costs.

Smart locks also improve tenant satisfaction. Modern solutions that provide home security make rental properties more appealing. Tenants appreciate the added safety and the convenience of keyless access.

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A hand entering a code on a digital keypad of a smart lock on a rental property door

Should You Install Smart Locks?

If you’re considering whether to replace traditional locks on your rental property with smart ones, it’s worth doing a quick cost calculation. The starting price for a basic smart lock with app control is around $50, while high-end “ultra-smart” models can cost over $200. Don’t forget to factor in installation costs. However, you could save money by installing them during renovations or doing it yourself.

If you own property in Chicago or nearby areas, you can trust qualified professionals like FixHome+ for installation

Home Maintenance Services

Regular maintenance ensures the reliable performance of smart locks over time. FixHome+ offers lock system care services, providing convenience for both property owners and tenants. Their subscription plans include regular visits, during which specialists address minor issues, including lock replacements.

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Smart home technology for rental properties. Control your locks, lights, and more with a single app

Conclusion

Smart locks are a practical addition to rental properties. They simplify life for tenants and help landlords efficiently manage their properties. With proper installation and maintenance, these systems offer long-term value and peace of mind for everyone involved.