Getting Started with Rentometer Rent Comparisons

Getting Started

Rentometer is a built-in feature in Rentec Direct that lets you compare your rental pricing to similar properties in your local market. It uses property information already entered in your account to provide market-based rent comparisons, suggested rental rates that you can automatically apply, and access to reports without requiring any additional information beyond enabling the integration.

Rentometer is available in all Rentec Pro and PM accounts.

What Rentometer Shows

When you click a Rentometer link, you can view:

• Average, median, and percentile rent comparisons
• A link to a printable Rentometer Pro Report
• Suggested rental rates you can click to automatically populate the rent fields in your software

Enable Rentometer Integration

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

Once enabled, Rentometer links will appear throughout your account.

Where to Find Rentometer

Rentometer links are available in the following areas:

• Edit Property
• Edit Tenant
• Update Lease

Access Rentometer from Edit Property

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

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

Access Rentometer from Edit Tenant

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 market listings

Important Notes

• Rentometer provides market insights, but does not automatically change rent amounts in this view.
• Market data availability may vary by location

Access Rentometer from Update Lease

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. Select a suggested rate to populate the New Rent field
5. Click Save Lease

Important Notes

• Rentometer provides market insights, but does not automatically change rent amounts.
• Market data availability may vary by location

Regulatory Considerations

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.