CalculateRealEstateROI

Rental Property

How do I figure out the right rent to charge?

Pull 8–12 comparable listings + Rentometer; price 2–3% under top-of-market for fastest fill.

Reviewed by Keiron Brown, Founder & Editor, CalculateRealEstateROI · Educational estimates only — not investment, financial, tax, or legal advice

Direct answer

Pull 8–12 comparable listings + Rentometer; price 2–3% under top-of-market for fastest fill.

Expanded explanation

Overpricing by $50 can add 30 days of vacancy. Underpricing leaves $50/mo × 60 mo = $3,000 on the table per tenancy. Price tight to verified comps.

Examples

  • Top comps $1,600 → list at $1,550 → 4 applications in 7 days.

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