How can you be sure you’re pricing your rental to attract residents while still making money on your investment? Zillow’s Rent Zestimate tool helps provide a rent estimate by address. It’s a valuable starting point when determining a monthly rate for your property, but remember that the Rent Zestimate is not set in stone — it’s a resource for homeowners who are pricing their rental properties.

Note: This guide is for informational purposes only. Zillow, Inc. does not make any guarantees about the sufficiency of the information in or linked to from this guide, or that it’s compliant with current, applicable or local laws. Landlord-tenant laws change rapidly and may be regulated at the federal, state and local levels. This resource is not a substitute for the advice or service of an attorney; you should not rely on this resource for any purpose without consulting with a licensed attorney in your jurisdiction.

What does Rent Zestimate mean?

A Rent Zestimate is Zillow’s estimate of a property’s monthly rental price. It is computed using a formula and is a starting point in determining the monthly rental price for a specific property. Currently, Zillow provides a Rent Zestimate for 125 million homes.

How is the Rent Zestimate determined?

To come up with the Zillow Rent Zestimate, we look at several pieces of information, including:

• The home’s physical attributes and amenities, including things like square footage, number of bedrooms and bathrooms, and whether it has air conditioning
• Comparable rental properties in the area
• Any owner-updated home facts, as well as other public data

We use the available data to determine the Rent Range, which shows high and low rent estimates for an apartment or house — and the Rent Zestimate will fall somewhere between the two, at a value our model determines is likely to represent a fair market rent. 

Example: If the Rent Range is $2,000-$3,200, the published Rent Zestimate might be approximately $2,600.

The size of the range can vary depending on how much data we have for your area. A wide Rent Range means there’s less data available or more volatility in the data. A narrow Rent Range means there’s lots of information to help compute the estimated rent price.

Where can you find the Rent Zestimate on Zillow?

If you’ve claimed your home on Zillow and your home is off-market, you can view your home’s Rent Zestimate history on the Your Home tab.

How do you improve the accuracy of your Rent Zestimate?

The Rent Zestimate’s accuracy depends on the home data that’s available. If you want to improve the accuracy of your Rent Zestimate, the easiest way is to provide us with more property details so we can better understand your rental’s value.

Ultimately, it’s your decision what to charge for your rental. The Rent Zestimate tool simply provides a starting point to help landlords understand fair market rental rates

Finding a new renter can be exciting — but it can also be stressful. Zillow Rental Manager helps ease that stress by giving landlords a quicker and easier way to fill vacancies.