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Updated over 5 years ago on . Most recent reply

Brian Milton's profile image
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Brian Milton
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Brian Milton's profile image
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Brian Milton
  • Member since Nov 11, 2019
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Brian Milton
2
Votes |
12
Posts
General Landlording & Rental Properties

How much should I be charging for rent?

Brian Milton
Posted

I am currently renting out a 1000 square-foot, two bed, 1 bathroom duplex, in Denver, CO to a great tenant that’s been there many years. I am only charging $1,200 a month due to the place being outdated (1960’s) but this seems severely below market. What should I be charging?

Thanks much-Brian

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Matt M.'s profile image
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Matt M.
  • Realtor
  • from Denver, CO
  • Member since Nov 5, 2013
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Matt M.'s profile image
Matt M.'s profile image
Matt M.
  • Realtor
  • from Denver, CO
  • Member since Nov 5, 2013
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Matt M.
  • Realtor
  • Denver, CO
1,277
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Matt M.
  • Realtor
  • Denver, CO
Replied

Put it on craigslist for $2k. If you don't get any responses, then start dropping it $100 per week. Now isn't the best time to rent as I'm sure you know. Location will be a huge factor as well. 

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