How to Set a Fair Rent Price for Your Properties

Setting the right rent is complex because you need to consider many variables

A neighborhood in a file photo. Illustration - Shutterstock

By Dave Spooner

Renting at below-market rates is a common problem among new real estate investors. How do you know what constitutes a fair rent rate? And what if that rate leads to vacancies or losses? Setting the right rent rate is a skill that requires practice. There are many things to consider in your analysis: property features, number of bedrooms, market trends, policies, and more.