Not Sure How Much to Charge for Your Rental Property?
You’re not alone — setting the right rental price can feel like a balancing act.
Charge too much and you’ll struggle to find tenants. Charge too little and you might not cover costs (or worse… attract the wrong tenants).
At Manatee, we’ve bought, flipped, and rented out a lot of properties in Bradenton — and here are a few tips to help you dial in the perfect rental price:
🏠 Know the Competition
Start by checking out similar rentals in the area. How do they compare in size, condition, and amenities? Pricing your home competitively is key to getting (and keeping) great tenants.
📊 Use the 2% Rule as a Starting Point
A general guideline is to charge about 2% of the home’s value in monthly rent. So if your home is worth $150,000, aim for around $3,000/month. It’s not a hard rule, but it’s a good ballpark to begin with.
📍 Consider the Location
Is the property in a desirable part of town? Close to schools, shopping, or public transportation? High-demand areas can usually command higher rent.
✨ Highlight Amenities
Tenants love perks. A fenced yard, updated kitchen, nearby park, or great school district can all boost the perceived value. Don’t forget to mention them in your listing!
Hope that helps!
And hey — if you or someone you know is thinking about selling a property as-is for a fair cash price, we can help with that too.
Give us a call at 941-300-6090 — we’ll make you a no-obligation offer in 48 hours and close in as little as two weeks!