4 Free Tools to Help Landlords Determine Rent

March 3rd, 2008 categories: Investors/Landlords

1.  The newspaper/apartment websites/craigslist.com.  I combined these into one because they are the rates other landlords are advertising. 

2.  Rent-o-meter.com.  Enter the address, the current rent and hit enter.  You’ll see what other landlords/tenants are saying they are charging for rent for a similar unit near your unit.

3.  US Department of Housing and Urban Development at HUDUser.org.  For example, fair market rent in the Hartford/W Hartford/E Hartford area is $985 for a 2 bedroom.  This information is helpful for landlords accepting Section 8 vouchers as well as for Section 8 applicants.

4.  Your local, friendly Realtor.  While not all or even most landlords list their rentals in the Multiple Listing Service, this is a good resource for getting the full details on rentals and maybe even photos. 

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This entry was posted on Monday, March 3rd, 2008 at 3:32 pm and is filed under Investors/Landlords. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

1. Evan Berman said at March 5th, 2008 at 12:56 am

   Great info here. I am a Realtor and a landlord and I agree with all of the 4 tools that you talk about. Thank you for the good information. Evan

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