How to Determine Fair Market Rent

[Samuel Ramsey]

My fiancée and I purchased a small starter home (2 Bed-2 Bath New Construction) approximately a year ago using an FHA loan. We are wanting to upgrade into a larger home and are trying to decide if renting our first home is feasible or not. I am having a hard time determining what our market would allow us to ask for rent. I would appreciate any advice on figuring out what we could charge for rent so that we can decide if selling or renting is our best option.

[Sarah Downey]

Zillow Rental Manager has a good tool---https://www.zillow.com/rental-manager/price-my-rental/; you can try rentometer--https://www.rentometer.com/, too! 

Those can give you a good starting point.