Sloane Realty Blog

How Smart Home Technology Benefits Tenants and Property Owners

Aly LaBarr - Wednesday, May 21, 2025
Property Management Blog

How Smart Home Technology Benefits Tenants and Property Owners

Smart home technology has advanced from clap-on lights and voice-activated speakers. It's no longer just a perk in rental properties; it's becoming a norm, an expectation. Renters want modern features that offer convenience and security. And for property owners, smart tech adds value, saves time, and makes managing properties much easier.

Let's look at popular smart home upgrades and how they appeal to renters and property owners.

Smart Securities

Smart locks, cameras, and video doorbells are some of the most popular (and sought-after) smart upgrades in properties today.

Why Tenants Love It:
Renters are drawn to them because they provide an added layer of security—video doorbells help tenants feel safer at home, and Bluetooth-enabled locks offer more control and convenience. A bonus? Everything's accessible from their phones. There's real peace of mind in double-checking if the door is locked or seeing who's at the door, even when they are miles away. There is comfort in knowing the space is secure and no one's wandering around where they shouldn't be.

Why Property Owners Love It:
Smart locks help reduce some of the stress related to rental turnovers. Property owners and managers can grant or revoke entry with just a few clicks, which means no more scheduling key exchanges or paying for rekeying between tenants. It's a simple upgrade that can ease day-to-day operations.

Smart Thermostats

Many smart thermostats function on schedules, patterns, or even the weather.  

Why Tenants Love It:
Tenants love it because it can help lower utility bills, saving them money too. Like the smart securities, many thermostats can be controlled from mobile devices, allowing for more control when they're away.

Why Property Owners Love It:
Smart thermostats are a great way to reduce energy costs, manage vacant properties, or even second homes that don't get as much love. Plus, they're a feature that catches the eye of renters, helping your property stand out and move to the top of their list.

Home technology isn’t just a luxury anymore, it’s quickly becoming an expectation.  Whether you're renting and looking for peace of mind or a property owner seeking to attract modern tenants, smart upgrades are an investment that pays off in many ways.