This is the first thing I do when I’m looking at a particular property or particular city and going to Rentometer to put in the address and view the rents and look at the city’s rents. And see if the property is going to make sense. Rentometer is a good first step to see how it compares and the potential rental income.
The subject of today’s snapshot is Phoenix, AZ. Based on our analysis, Phoenix’s year-over-year average rents have increased across all unit types by 7% to 17%.
The subject of today’s snapshot is Kansas City, MO. Based on our analysis, Kansas City’s year-over-year average rents have increased for 1BR and 2BR but slightly decreased for 3BR.
When buying, Kenton really needs to know what he can expect for rent rates today. Current rents can affect the property value and his return if he pursues the property.
The subject of today’s snapshot is Rochester, NY. Based on our analysis, Rochester's year-over-year average rents showed an increase across all bedroom types.