Price your rentals with confidence
Use a custom Rent Estimate report to analyze local comparables, competitively price your listing, and maximize your profits.
Quickly identify comparables
Get a snapshot of similar properties in your area and develop a clear strategy to maximize your property value.
Get accurate vacancy rates
Keep an eye on vacancy rates to determine demand in your market and adjust your rental pricing accordingly.
Stay updated on market trends
Understand factors currently affecting the market and evaluate potential impact on your property.
Become an expert on your local market
Custom rental price range
Powered by tools that offer industry-leading accuracy, your estimate gives you a specific price range to determine what will move your listing fast, while putting the most money in your pocket.
Comprehensive market data
Access a detailed snapshot of the local market, complete with trends, vacancy rate estimates, and rental saturation benchmarks in the area.
Local rental comps
Get a map and list of local rentals similar to your own, with property details and rent prices, for a better understanding of the competition.
Rent Estimate reports cost
Additional tools to streamline your rental process
Tenant Screening
Get comprehensive information on your prospective tenants.
Accept/Deny
Easily send approvals and adverse action letters to applicants.
Rent Payment
Collect security deposits, recurring monthly rent, and other one-time fees.
Frequently asked questions
Rent estimates are calculated based on a variety of features, including property characteristics (like square footage and number of bedrooms) and geographical considerations (like neighborhood location and quality, as well as distance of property from points of interest). Finally, market data points such as historical rent trends, unemployment rates, crime levels and school rankings all go into determining the final estimate that can help a landlord determine what the rent rate of a rental home should be.
Rent estimate reports are accurate relative to the data that is used to compile the report. The real question lies in the freshness of the data that is used to calculate the estimate. Most rent estimate reporting tools are pulling data from listing sites and public records that may or may not be current. Because of that reality, the rent estimate reports generated through RentSpree provide rental data for information purposes only. The materials and the rental data are not intended to constitute, and in fact do not constitute financial, investment, tax or legal advice. Any reliance on or other use of such materials and/or rental data by you is at your sole risk.
Accessing a rent estimate report is an important tool to use as you gauge your potential profitability as an investment property owner. The report can serve as the cornerstone of creating positive cash flow and return on investment (ROI). It also can equip landlord/property owners with key information that can keep vacancy rates low and impact the property's refinancing potential.
Any landlord/property owner that is either renting out a house or residence of any kind, serving a rent increase notice to current tenants or looking to stay abreast of current market conditions.
A rent estimate tool is what is used to produce a rent estimate report. A user simply needs to enter some basic property details into the tool to generate the report. There are websites that have a free rent estimate tool or have a free version that will produce a limited rent estimate report. Conversely, you have sites with rent estimate tools that require payment but will produce a premium version of a rent estimate report with much more robust detail and information.
