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Updated over 1 year ago on . Most recent reply

Rental comparison sites for market rate rent
Hello BP community,
I have a lease due for renewal in two months. The current tenant signed a two year lease and I did not raise rent during this period.
I will raise rent to market rate once the current lease expires.
I am basing what I think market rate is on research from sites like Rentometer and apartments.com.
Are these sites accurate enough or are there any other sites I could use as well?
I appreciate any feedback.
Thank you
Most Popular Reply

Quote from @Stefhan Malherbe:
Hello BP community,
I have a lease due for renewal in two months. The current tenant signed a two year lease and I did not raise rent during this period.
I will raise rent to market rate once the current lease expires.
I am basing what I think market rate is on research from sites like Rentometer and apartments.com.
Are these sites accurate enough or are there any other sites I could use as well?
I appreciate any feedback.
Thank you
Just look at what others are renting for in the area, keep it simple :)