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REAL ESTATE Find out rents in an area

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tchandy

Contributor
Read Millionaire Fastlane
Aug 16, 2007
460
95
46
Kansas, for now
I was looking through another website and located this site that shows the rent of other homes in an area. Enjoy!

http://www.rentometer.com/

Tom
 

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phlgirl

Bronze Contributor
Read Millionaire Fastlane
Aug 29, 2007
813
177
85
Philadelphia
Very cool. I will have to do some testing, to see how accurate the information is (at least for the areas, in which I have knowledge) but that is a neat tool. Great concept.

Thanks for the link!
 

Yankees338

Bronze Contributor
Jul 24, 2007
1,829
136
81
29
NJ/MD
I've used this briefly just for some quick little searches. It's a great handy little tool. The only drawback is that it is the median of the ASKING prices for rents on properties, not necessarily what they actually rent for. I'd assume they still give a pretty good idea of the area though.
 

NoMoneyDown

Contributor
Read Millionaire Fastlane
Aug 28, 2007
520
58
64
Round Rock, TX
That's an awesome tool. I did a quick check of some of my properties, and the only qualm I have is that the search radius is a little wide. It showed one of my properties being about $150 less per month than average, but when I checked properties in the same subdivision and a subdivision right next door, it was actually about $50 higher than average. Still, it's a nice tool.
 

traderjphx

New Contributor
Aug 30, 2007
43
3
12
Phoenix, Az
Great tool, thanks for the find. I checked my properties and I came in just under the median. I usually price them ljust below to get them filled faster.
 

reipro

Contributor
Sep 27, 2007
156
44
36
50
Lincoln, NE
I have checked all of ours and they are right on the money! thanks for the info

rep++
 

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