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.


About the author

Jana Christo is a business owner, real estate investor, and property manager. She has 16 years of experience in most areas of real estate.
During the last recession, she was also the managing partner for a company that bought and rehabbed properties from the court foreclosure auctions. Today, she manages her own portfolio of rental properties and shares her experience on Rentce.com.

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.

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