Owners
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Pricing
How we price a rental in Austin
The three numbers behind every rent recommendation we send, and why we rarely price at the top of the range.
Marcus Lee, Leasing Director
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A rent that is $100 too high can cost more than it earns. One extra vacant month on a $3,000 home erases a full year of that premium. That is why our recommendations start with data, not hope.
Closed leases, not asking rents
Asking rents on listing sites are optimistic. We look at leases that actually closed in the last 90 days within half a mile, then adjust for size, finishes, parking, and outdoor space.
Days on market
If similar homes are leasing in under three weeks, demand supports a stronger price. If they sit for six weeks or more, we suggest pricing slightly below the pack to win the best applicants first.
Season
Austin leasing peaks between May and August. A home listed in December may need a sharper price or a longer lease term that ends in summer, which makes the next turnover easier.