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Updated over 6 years ago on . Most recent reply

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162
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Raymond Hill
  • Realtor
  • Pawtucket, RI
45
Votes |
162
Posts

Market Rents in Providence

Raymond Hill
  • Realtor
  • Pawtucket, RI
Posted

Hello Everyone,

I want to know what are some of the ways to find market rents in the Providence, RI area. I am looking at a 6 bed 2 bath properties and I already have some idea on where to look. However, I want to know what others are using to get their figures for their respective rental markets.

Any ideas?

Most Popular Reply

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170
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158
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Nancy DeSocio
  • Rental Property Investor
  • Cranston, RI
158
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170
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Nancy DeSocio
  • Rental Property Investor
  • Cranston, RI
Replied

Hi Raymond,

In addition to the ones noted above, I've used Rentometer as well.  Also, if you have a property manager (or are friends with any), they may have software that will tell you what existing tenants are paying for rent for similar properties in the area.  It's not exactly the same metric as comparing to what is being advertised on Craigslist, etc but just offers another gauge as to what people are actually paying.  Good luck with your research!

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