It's often the first question on a homeowner’s mind!
If you are interested in finding out what your home can rent for, please fill out the form to the right. Once submitted, we will get back to you with a range of monthly rent you can except to receive on your home. We need an address to properly evaluate your home; providing a phone number is optional!
(1) As a general rule, to determine what your home will rent for monthly, multiply the current market value of your home by .0055 and then take into consideration a variance of plus or minus $100.00 to $300.00 based on the home's age & condition, location, school district, number of bedrooms, parking spaces in the garage, finished/unfinished basement and other amenities.
Example 1: A Home in The Denver-Aurora Metro Area Has a Market Value of $525,000.00. $525,000.00 X .0055 = $2,887.00. This Home Would Typically Rent Between $2,600.00 and $3,000.00 per month.
(2) Another option is to take the finished square feet in your home and multiply that amount by 1.50 ($1.50 One Dollar and 55 Cents Per Square Foot on the Main Levels).
Example 2: A Home in the Denver Metro Area Has 2,000 Finished Square Feet. Multiply The 2,000 Square Feet By $1.50 = $3,000.00. This Home Would Typically Rent Between $2,700.00 and $3,000.00.
Please keep in mind that this is a general rule of thumb, not an exact science! The variables of .0055 and the $1.50 cents per finished square foot change over time based on market conditions, supply & demand, etc. Homes in premium condition and locations and in more desired school districts typically demand premium rent! Homes in disrepair may attract sub-average rent! Previewing your home is the best way for us to properly assess the rental value of your home.
