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Updated about 2 years ago on . Most recent reply

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Rolando DeLeon
  • Waukesha, WI
0
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11
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How much should I charge for rent?

Rolando DeLeon
  • Waukesha, WI
Posted

What platforms/sites do you use to price your rental property? Thank you.

  • Rolando DeLeon
  • Most Popular Reply

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    Mohammed Rahman
    • Real Estate Broker
    • New York, NY
    831
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    Mohammed Rahman
    • Real Estate Broker
    • New York, NY
    Replied

    Hey @Rolando DeLeon - I recommend staying away from the data aggregator sites like Rentometer because although they're helpful, most of the time they pull averages from specific regions and that might skew your accurate market rent. 

    What works well for me is just opening up Zillow and doing a quick search on what similar rentals are going for in my area. For example, if something looks a lot nicer than my unit but has the same # of bedrooms/bathrooms and amenities (washer, dryer, etc.) then I'll just charge a bit lower for it. You should be able to get a good sense after a few minutes of poking around. 

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