Filter by the right criteria
Beds/baths match, within ~0.75–1.25x your square footage, similar parking and laundry. Stay within 1–2 miles unless it’s a unique submarket.
How to run rent comps.
Find the right listings, adjust for condition, and set a tight range. Then test price with real response data.
4-step comp process
Use this flow to set your initial range, then refine with response rate.
Adjust for condition and amenities
Updated kitchens/baths, in-unit laundry, covered parking, and AC move rent the most. If two of these are missing, lean to the lower half of the range.
Watch days on market and photos
Stale listings or poor photos can sit overpriced. Give more weight to fast-leasing comps with clear photos and recent dates.
Set a 6–8% range, test small moves
Avoid a single number. Set a narrow band, then test 1–2% moves and refresh the listing to read response rate.
Common mistakes
- Using sale comps instead of rental comps.
- Ignoring parking/laundry differences (often worth more than minor finishes).
- Copying a stale listing that’s been sitting for weeks.
- Dropping price in big swings instead of small, measured moves.
Need a sanity check?
Send your address and current price. We’ll reply with a range, listing tweaks, and the first price test to run.
Last Updated: January 2025
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