Rental market data you can understand and trust
For more than 15 years, Rentometer has built and refined a rental data system that turns publicly available rental information into clear, useful market insights.
Rentometer data by the numbers
Millions of rental records. Years of refinement.
Our data system combines rental data collection, surveys, data staging, quality processes, and analysis to turn individual rental records into useful market statistics.
Understanding Rentometer
What Rentometer is, and what it isn't
Rentometer is a rental market survey and research tool. Our goal is to collect enough relevant rental market information to provide useful, statistically sound context about rents in a particular area. Our goal is not to capture every rental property or every lease in America.
What Rentometer can help you do
- Research rents in a neighborhood or local market
- Compare an advertised rent with surrounding rental activity
- Review relevant comparable rental listings
- Evaluate rental properties
- Understand local rental market conditions
- Support appraisal, lending, investment, and market research
What Rentometer does not do
- We do not aim to have every rental property or lease in the country, but rather a substantial and representative sample of rental activity across every market
- We do not set, suggest, or recommend what rent a landlord should charge
- We do not use confidential lease terms from competing landlords to produce our rental market statistics
- We do not use property occupancy rates or renewal dates to coordinate pricing
- We do not coordinate pricing decisions among users
- We do not make pricing decisions on a user's behalf
Rentometer's market statistics and comparable rental information are descriptive and are designed to help users conduct their own research. This distinction is especially important as the rental housing industry continues to evaluate the use of pricing technology and automated tools. Rentometer is designed to provide descriptive rental market information, while leaving pricing decisions entirely to our customers.
Where our data comes from
Built from publicly available rental market information
Rentometer’s database is focused on residential rental properties and is built from publicly available rental listings and other publicly available residential rental market information. Our data does not include commercial real estate rentals.
The data primarily reflects advertised asking rents that have been made available to the public through online rental listings and similar sources. Our collection process combines automated rental data collection systems with research conducted by specially trained rent researchers.
Depending on the information available, rental records may include asking rent, bedroom and bathroom count, property type, location, listing date, and other publicly available characteristics.
Public rental listings generally reflect advertised asking rents, which may differ from the final rent agreed upon between a landlord and tenant. Rentometer does not rely on a pool of confidential lease or operating information shared by competing landlords.
Enterprise Data Solutions
Need rental data for your product or platform?
Access Rentometer rental comps and market data for your applications, analytics, models, and workflows. Use our data as a standalone rental data source or to complement the data you already have.
Rentometer data staging process
From rental records to useful market information
Collecting rental records is only the beginning. Rentometer organizes, stages, validates, and analyzes rental records to provide useful statistics and comparable rental information for a specific market.
Collect
Automated collection systems, rental surveys, and specially trained rent researchers gather publicly available rental market information.
Stage & validate
Rental records move through our proprietary staging and quality-control process before becoming eligible for market analysis.
Select relevant comparables
Property and geographic information are used to identify rental records relevant to a user's search.
Analyze
Rentometer performs a statistical analysis of the asking rents for relevant comparable properties to produce localized rent estimates and market statistics. Rent estimates are based on the observed rental data—not an algorithm that predicts or recommends what a property should rent for.
Rentometer's rent estimates are based on statistical analysis of asking rents from relevant comparable properties. We report what the available rental market data shows rather than using an algorithm to predict or recommend what a landlord should charge.
Frequently asked questions
More about Rentometer's data
How does Rentometer determine rent estimates?
Rentometer rent estimates are produced through statistical analysis of asking rents from relevant comparable rental properties in the surrounding market. Property characteristics and location help identify relevant comparables, and their observed asking rents are analyzed to produce the rent statistics shown in Rentometer. Rentometer does not use an algorithm to predict rents.
How does Rentometer check data quality?
Rental records move through Rentometer's proprietary staging and quality-control process before becoming eligible for market analysis. This process helps us organize and validate the rental information used in our reports.
How often is Rentometer data updated?
We add new rental records and update existing records in our database every day. New and updated records go through our data staging and quality-control processes before becoming eligible for market analysis. Rent analyses generally use recent records, with the available look-back period depending on the report and plan. Market pages and area statistics are refreshed regularly as new information becomes available.
Does Rentometer have data for every rental property?
No. Rentometer is a rental market survey, not a database of every rental property or lease. We collect and analyze a large sample of publicly available rental market information to provide useful market statistics and comparable rental information. Sample sizes vary by location based on rental activity and the amount of publicly available information.
Are asking rents the same as signed lease rents?
Not necessarily. Public rental listings generally reflect advertised asking rents. The final rent agreed upon between a landlord and tenant may differ.
Does Rentometer use confidential landlord data?
Rentometer's rental market statistics are based on publicly available rental market information, not a pool of confidential operating information shared by competing landlords.
Does Rentometer include commercial rental data?
No. Rentometer focuses on residential rental market data. Our rental records and market statistics do not cover commercial real estate rentals.
Does Rentometer use AI to recommend rents?
No. Rentometer does not use AI to determine or recommend what rent a landlord should charge. Optional AI-powered features (coming soon) may help users access and understand the rental market information available through Rentometer, but they do not make pricing decisions for users.
See Rentometer data for yourself
Put rental market data to work
Research rents, explore nearby comparables, and better understand rental activity in your market.