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REAL ESTATE Find out rents in an area

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Yankees338

Bronze Contributor
Jul 24, 2007
1,801
130
81
30
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
509
53
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
42
2
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
154
44
36
51
Lincoln, NE
I have checked all of ours and they are right on the money! thanks for the info

rep++
 

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