Pricing Rents In Small Market

[Jacob Stokes]

Hello everybody,

I have a problem. I am trying to maximize my profit and max out the rent for my place in my small market. I have a 2bd 1ba that's completely renovated nothing fancy but all around a solid new/old house. With that being said I've seen similar places not as nice but the specs were the same and they around $650/month a year ago. That's when we bought the property but now that we are close to renting it out I can't find anything to compare it to. I have bought the paper and 0 classifieds, I have posted on different For Sale or Trade sites and not much feedback. Also spent an hour driving around town with the wife and kiddos trying to find For Rent signs and nothing. Just looking for some tips on how to narrow down a realistic top rent price? Any help is greatly appreciated.