Best way to check out rental rates in your area??

[Adrian Olivera]

Hello everyone,

What is the "best" most accurate website to determine what the rental rates are in your area that you have interest investing in?

[John Underwood]

Zillow and rentometer.com

Zillow will give you a rent amount. You can also filter on "for rent" properties on the map and see active for rent properties and compare them to yours.

You can also check Craig's list to see what other people are charging for similar properties in your area.

I'll look at all of these sites and then decide what I should be charging.

Availability should go into your equation too. If there are a lot for rent you may want to reduce slightly under market value so that you rent quicker. If not much availability you might be able to go a little over market price.