How do you price rentals for short term

Our first tenants have been great but their 1 year lease end in 60 days.

We offered them a 1yr renewal at the same price… they are asking about month to month or 6 month options.

How do you guys price your rentals for short term? Not sure if we are comfortable going this route or not, but looking for advice before we decide.

3 thoughts on “How do you price rentals for short term”

  1. We do annual leases only. I would be willing to negotiate for termination any time between June and August, but the other months are a hard sell in my market.

  2. I give three choices. If they sign another year, I typically keep it the same. For 6 months it’s normally 10 percent higher. Month to month, it goes much higher.

Leave a Comment