What's the best way to rent out a single family detached house in Medford area?

[Saleh Sadaghiani]

Hi BiggerPockets community!

I thought my first post here would be about how to buy an investment property, but circumstances made us think about renting out our house (in Fellsway Medford, greater Boston area)!

What is the best practice to set the rental price for a house? 
How can we estimate the rent price range for our home?
Is it better to leverage a rental agent/property mgmt. considering the lower demand for this property type in the rental market?

Estimates from real estate apps are meaningfully lower than our mortgage. Still, there are some rental postings for similar properties (location, size, year build, etc.) that have higher asking rents compared to estimates.