About Us
Knowing the market rent is critical in making sound real estate decisions
Whether you're paying rent or collecting it, Rentometer is the first stop for
renters and real estate professionals who want to understand what rent prices
are like in their market
Our Mission
We believe that reliable rental price data should be easily accessible to
everyone. Rental price data is essential to making informed real estate
decisions quickly and with confidence.
That's why we provide instant rental
analyses, rent comps, and property information to renters and a wide spectrum of
real estate professionals.
10M
new rental records added to
our database every year
our database every year
40M
rent comps provided to users
15
years of serving
real estate professionals
real estate professionals
400K+
real estate professionals served
How It Works
Over the last 15 years, Rentometer has methodically built a sophisticated rental
data system – including rental data collections, surveys, data staging, and data
analysis. We collect and analyze approximately 10 million rental records per year
by deploying a mix of automated rental data collection systems and our specially
trained rent researchers.
Every single record goes through our proprietary, state of the art data staging
process to ensure accuracy when we deliver to renters and real estate professionals.
Our Backstory
Rentometer has been collecting, analyzing, and delivering rent reports since 2006.
By 2012, Rentometer had built interest from the market, but was in need of a fresh
start. That’s when Michael Lapsley and Torrence Harder stepped in. With their combined
backgrounds as proptech executives and investors, they recognized an opportunity to
build a new business serving real estate professionals and renters alike.
Rentometer's User Interface, 2006
Rentometer's User Interface, 2022
Rentometer's User Interface, 2014
With a seasoned proptech management team, an infusion of new capital, and all of the
original Rentometer technology, Rentometer as we now know it was born. This new venture
was established to provide the best rental data and information to renters and real
estate professionals. With the help of our hard-working and dedicated team, we strive
each day to make that vision a reality.
Leadership
Michael J. Lapsley
Co-founder and President
Mike Lapsley is a seasoned proptech veteran with over 25 years experience serving
the rental housing industry. Prior to Rentometer, Mike was the CEO of RentGrow, a
technology leader in rental housing that provided leading edge, automated resident
screening systems. Mike oversaw the successful acquisition and transition of
RentGrow by Yardi Systems. Prior to RentGrow, Mike worked in accounting, finance,
and operations for several entrepreneurial ventures in the U.S., Canada, and the
U.K. Mike holds a BS in Business Management and Accounting from the University of
Lowell.
Torrence C. Harder
Co-founder and Executive Chairman
Torrey Harder has been investing in entrepreneurial companies for over forty years.
Torrey founded Harder Management Company, Inc. to help individuals and small
businesses invest in young, growing companies. To date, Torrey and Harder
Management have founded and ventured sixteen companies. Torrey attended Cornell
University receiving a BA with Honors in the Philosophy of Economic Thought and an
MBA with Honors from the Wharton School of the University of Pennsylvania.
Corporate Headquarters
Our corporate headquarters is located in the heart of
Boston, Massachusetts.
Boston, MA
