How Much Can I Charge For Rent?
How to calculate fair rental value
A wide range of factors affect the base price you charge for rent — the size of the unit, amenities, exterior and interior condition of the rental property, desirability of the neighborhood, operating costs, and more.
How to determine rental price
The final rent price is a subjective value based on the extra features you include in your rent. Remember, tenants can rent from anyone, so why should they rent from you? Do your best to stand out from the competition, making it harder for tenants to compare and contrast.
Offering multiple price options
A single price hurts your profit potential. If you’re only presenting one rent to prospective tenants, then you are not doing yourself any favors. You must give them multiple pricing options (for the same apartment) that match their individual needs.
Are you still trying to figure out how much to
charge for rent? We’ve got you covered.
The Master Course
We show you how to offer three pricing options to your tenants, so you can nearly double your income*. The course includes a 21-page guide, three sample menu templates, a cheat sheet graphic, and our How to Market your Rental Property eBook.
*May not be effective for rent control apartments.
COMMERCIAL OFFICE SPACE
Do you have commercial real estate and want to learn how to charge your rent pricing?
Click below to learn more.
Frequently Asked Questions
The course is a good fit for landlords interested in raising their rental revenue to levels that were not previously possible.
Yes, as long as you select the single payment option. If you choose the installment option, we slowly release the materials with each payment.
It's for residential housing units — single-family, condo, townhouse, multi-family. If you own commercial office space, you can click our other course here. Find out more about commercial office space pricing.
Yes, you can preview the guidebook for a nominal fee. Click on the checkout button for an exclusive offer.
Our do-it-yourself kit includes ready-to-use templates and instructions. If you'd like extra help while you implement your new pricing strategy, you can add our live group mentoring sessions.
No, if your rental unit is subject to rent control laws, then the pricing will probably not work. However, you can use it for your other rental properties.