Getting Started with Rentometer Rent Comparisons

Rentec Direct's integration with Rentometer helps you set competitive rental prices by comparing your properties with similar local listings. Review market-based rent comparisons, automatically apply suggested rental rates, and generate Rentometer Pro Reports to help make informed pricing decisions.

Rentometer is available in all Rentec Pro and PM accounts.

Enable Rentometer Integration

Before using Rentometer in Rentec Direct, you'll need to enable the integration in your account.

In your Rentec Direct account:

1. Click Settings
2. Under Program, select Program Defaults
3. Scroll to the Integrations section
4. Set Enable Rentometer Integration to Yes
5. Click Save Changes

Using Rentometer in Rentec Direct

Rentometer links are available throughout Rentec Direct and provide rental market comparisons based on your property's information.

When you open a Rentometer comparison, you can:

• View average, median, 25th, and 75th percentile rates from similar local listings.
• Select a suggested rental rate to automatically populate the corresponding rent field.
• Order a Rentometer Pro Report for additional market details.

Rentometer tool can easily be accessed from:

• Edit Property
• Edit Tenant
• Update Lease

Review Rental Pricing from Edit Property

Compare your property's default rent with similar rentals in your area and quickly apply a suggested rental rate.

In your Rentec Direct account:

1. Click Properties
2. Right-click a property and select Edit Property

3. Click the Rentometer link next to Default Rent

   

   
   

4. Review the comparable rental rates

   

   
   
5. Click on a suggested rate to automatically populate the Default Rent field
6. Click Update Property

Note: For multi-unit properties, be sure to update subunits as needed.

Review Rental Pricing from Edit Tenant

Compare a tenant's current rent with similar rental properties in the local market.

In your Rentec Direct account:

1. Click Tenants
2. Right-click a tenant and select Edit Tenant
3. Under Accounting Defaults, click the Rentometer link next to Rent Charge
4. Review how the tenant’s current rent compares to similar rental properties

Update Lease with Rentometer

Rentometer works great when updating a lease to compare market rates and automatically apply a suggested rental amount.

In your Rentec Direct account:

1. Click Tenants
2. Right-click a tenant and select Update Lease
3. Under Lease Expiration or Rent, click the Rentometer link next to New Rent
4. Review the comparable rental rates
5. Select a suggested rate to populate the New Rent field

6. Click Save Lease

   

Order a Rentometer Pro Report

For more detailed market information, you can order a Rentometer Pro Report from any Rentometer comparison window.

To order a Rentometer Pro Report:

1. Open a Rentometer comparison window from Edit Property, Edit Tenant, or Update Lease
2. Click Order Pro Report for $1.00
3. The report will generate within a few seconds
4. Use the toolbar to modify, save, download, or print the report

After the report has been ordered, the link will change from Order Rentometer Pro Report to Show Rentometer Pro Report. The report will remain available for a week, so you may want to download or save a copy for your records.

Important Notes

• Rentometer provides market insights and suggested rental rates, but does not automatically change rental amounts unless you select a suggested rate and save the update.
• Market data availability may vary by location.
• Some jurisdictions, such as California and New York, may restrict how market rent data derived from local listings can be used. Review applicable local and state regulations before applying rental rate changes.