Where do you find rent comps?

[Kieran Jagadeesh]

Hello BP crew,

I am wondering how you guys go about finding rental comps. In a perfect world, I could look at what is currently being rented and figure out an accurate range, but I cannot seem to find that information anywhere.

As of right now I just look at the current rentals listed and dig into the # of days listed / # of applications to gauge interest at that price. However, this strategy falls apart when there are not many listings.


Also, how do you gain insight into the demand for rentals in an area to determine if the market is oversaturated? My first thought was # of listings, but in a big city there are a million listings but still strong demand at times. I'm sure one phone call to a property manager would clear up these questions, but I would rather consult strangers (for now) on the internet.

Thanks all!