The Short Answer
If you’re looking for Rentometer alternatives, several other platforms offer valuable rent estimate tools for analyzing rental properties and market trends.
- Zillow Rentals provides a free Rent Zestimate with detailed data analysis
- Redfin Rental Estimate integrates rental insights with property listings.
- RentCast is perfect for tracking portfolios and digging into local market trends
- RentRange offers comprehensive rent estimate report and rental benchmarks. Mashvisor stands out for its investment tools like heatmaps and ROI calculators
- Apartments.com features a free rental property ROI calculator for evaluating profitability
Each platform caters to different needs, from basic rent estimates to advanced investment analysis and provide great Rentometer alternatives. We will now dive deep into the key features of each platform.
Top 6 Rentometer Alternatives
Rentometer is a valuable tool for estimating rent prices in the vicinity of a specific rental property. With just a few inputs—such as the rental property address, the proposed monthly rent, and the number of bedrooms—it quickly generates a comparison of your data against similar rental listings nearby. The platform provides clear numbers and easy-to-understand visual aids, allowing you to see how your rental prices stack up against comparable properties in the area.
Rentometer provides a free 7-day trial with limited features and three paid plans, priced between $29 per month and $99 per year. The free version offers a general overview of rental trends in your area, while the paid plans deliver more precise, up-to-date data tailored to specific locations.
With the free version, searches are limited, and the available data may be from 12 months ago or older. In contrast, the paid plans allow you to customize the date range and access the most current insights, including data as recent as one or three months old. This makes the paid plans ideal for those who need reliable and timely rental market information.
While Rentometer is a useful tool, there are also many Rentometer alternatives to consider. Let’s take a closer look at each, and the advantages and drawbacks to each.
Top 6 Rentometer Alternatives
Alternative 1: Zillow Rentals
Zillow offers a practical rent calculator designed to help investors determine competitive rent rates. At the core of this tool is the Rent Zestimate, which leverages millions of data points alongside local market trends to provide a solid starting estimate of rent prices, and a one of the strongest Rentometer alternatives. Zillow calculates the estimates of rent prices by factoring in:
- The home’s physical attributes and amenities: Features like square footage, the number of bedrooms and bathrooms, and extras like air conditioning.
- Comparable rental properties in the area: Nearby listings with similar characteristics.
- Owner-updated details and public data: Information such as recent updates by the owner and the rental property’s last sale price.
Additionally, Zillow provides a Rent Range, offering high and low rent estimates for rent prices. This range reflects the data availability in the area—a wider range indicates less data, while a narrower range signals more robust information. The Rent Zestimate represents Zillow’s best estimate of fair market rent, helping investors set competitive rent rates confidently.
Best Features:
- Comprehensive data analysis using a vast array of data from millions of properties, along with rental property attributes, comparable rent prices in the area and other public data.
- Rent range estimates which indicate high and low rent estimates for a property.
- User-updated information, which may enhance the accuracy of the Rent Zestimate by incorporating the most current information.
- Historical Rent Zestimates, allowing users to track how a rental property's estimated rent has changed over time.
Cost: Zillow’s Rent Zestimate is a free tool
Alternative 2: Redfin Rental Estimate
The Redfin Rental Estimate gives you an idea of a home’s fair market rent by analyzing up-to-date rental data. It pulls information from similar properties that are either currently listed for rent or were recently on the market. Keep in mind, though, that it’s just a starting point—things like a home’s condition, upgrades, and exact location can all affect its actual rental value. While the Rental Estimate is a helpful tool, it’s not a replacement for the on-the-ground expertise of a property manager or landlord who can provide a more detailed assessment.
Best Features:
- Seamlessly integrates with the Redfin platform, combining property listings and rent estimates in one place.
- Provides a range of rent estimates, offering a broader perspective on potential rental income to help set realistic expectations.
- Leverages up-to-date rental data from similar properties, including those currently listed or recently off the market, ensuring accurate and relevant insights.
Cost: Redfin Rental Estimate is free to use
Alternative 3: RentCast
RentCast is a handy tool for real estate investors and property managers looking to make smarter decisions about rental properties. It pulls together everything you need to estimate rents, track market trends, and manage rental portfolios all in one place. Whether you’re just getting started or building a rental empire, RentCast helps you stay ahead of the game.
Best Features:
- Get Rent Estimates for Any Property: Look up accurate rent estimates for single-family homes, condos, apartments, or multi-family properties anywhere in the U.S.
- Compare Nearby Rentals: Check out rental comps in the area to see how your property stacks up in terms of rental prices, size, and features.
- Understand Local Market Trends: Dig into rent averages, historical data, and listing stats for specific zip codes to make smarter investment choices.
- Track Your Rental Portfolio: Stay in the loop with real-time alerts, market updates, and rent tracking to keep your properties performing their best.
- Use the API for More Data: RentCast’s API lets you integrate property data, rent estimates, and market trends into your own tools.
Cost: RentCast can be used for free, with an upgrade to $12 for a Pro package that includes deeper insights
Alternative 4: RentRange
RentRange provides a detailed Property Rent Estimate Report that is packed with valuable insights for real estate investors. These reports include a range of rent estimates to help you gauge potential rental income, confidence scores that show how reliable the estimates are, and estimated property vacancy rates so you can understand the likelihood of finding tenants.
What sets RentRange apart is its ability to give you rental benchmarks tailored to specific geographic areas, whether by radius, zip code, or even Section 8 housing data. This means you can get hyper-local insights that are especially useful when evaluating a property’s potential in a competitive market.
Beyond the numbers, RentRange offers a comprehensive view of market conditions, helping you make informed decisions about property investments, pricing, and risk assessment.
Best Features:
- Detailed Property Reports: Includes a range of rent estimates, confidence scores, and vacancy rates to assess rental potential and determine rent rates.
- Rental Benchmarks: Compare properties using benchmarks by radius, zip code, or Section 8 data.
- Market Metrics: Analyze regional performance and spot market trends.
- Advanced Data: Access a database of over 98 million residential properties for precise evaluations.
Cost: RentRange offers an Essentials plan that is free, and a Manage plan that costs $15 per month or $12 per month when paid annually
Alternative 5: Mashvisor
Mashvisor is a versatile platform that helps real estate investors analyze rental market data for both short-term and long-term rental opportunities. It simplifies decision-making by providing insights into cash flow potential, using rental market data to determine market performance, and undervalued investment opportunities.
The platform’s features include cash flow calculators, market performance analysis, and rent estimate tools to identify the best real estate investment strategies. Whether you’re managing an existing portfolio or exploring new opportunities, Mashvisor equips investors with the data needed to optimize cash flow and maximize returns.
Mashvisor’s dashboard organizes all key data into a user-friendly, centralized interface, making it easy to analyze and interpret. Its investment property calculator evaluates properties with precision, offering detailed analytics such as:
- Return on Investment (ROI): Assess the overall profitability of a property.
- Cash Flow: Understand the net income generated after expenses.
- Cap Rate: Evaluate the property’s potential return based on its purchase price.
- Cash on Cash Return: Measure the return on cash invested.
- Occupancy Rate: Analyze how often the property is expected to be rented.
- Rental Income: Estimate monthly earnings from the property.
Best Features:
- Investment property research tools: search engine and Property Finder
- Rental analysis (including rental prices)
- Neighborhood analysis
- Rental comparables and several reports
- Mortgage and finance calculator
- Real estate heatmap
Cost: A full Mashvisor subscription starts at $24.99 per month, however their Airbnb calculator is free of charge, and gives a detailed overview of the market performance for a specific property.
Alternative 6: Apartments.com
Apartments.com has a rental property calculator that is designed for property owners and investors. This calculator evaluates the potential return on investment for rental properties. By entering details such as purchase price, down payment, loan terms, and expected rental income, the tool calculates metrics like annual cash flow, capitalization rate, and cash-on-cash return. While the tool doesn’t focus on rental prices necessarily, it does assist in assessing a property’s profitability over time.
Best Features:
- The tool calculates key investment metrics like annual cash flow, cap rate, and cash-on-cash return.
- Allows customization with inputs such as purchase price, loan terms, and expected rental income.
- User-friendly interface that makes it easy to use.
- Caters to a wide range of rental market needs, and offers comprehensive insights
Cost: Apartments.com Rental Property calculator is free to use
