It’s a question we get all the time: how much rent should I charge?
The answer is not an easy one. The rental value for your house in Sacramento depends on a number of things, including market demand and property condition and, of course, location.
Determining the ideal rent requires a combination of market knowledge, property features, and
professional management advice.
That’s what we can provide, and we’re sharing our best advice to help you establish the optimal rent price for your Sacramento house.
Get to Know the Sacramento Rental Market
Before deciding how much to charge for rent, it's crucial to understand the dynamics of the local rental market. Sacramento’s rental market can vary significantly depending on the neighborhood, the competing properties, and the demand for rental homes.
In recent years, Sacramento has seen a surge in demand, with more people relocating from expensive cities like San Francisco, creating opportunities for landlords to take advantage of higher rental prices.
Talk to a Sacramento property manager about average rent prices, days on market, and other insights that can help you get a picture of how well the market is performing before you attach a rental value to your property.
Assess Your Property’s Features
Your rental price should reflect the unique features and condition of your property. Key factors to consider include:
- Size and layout. Larger homes generally attract higher rents, but also factor in the number of bedrooms and bathrooms.
- Condition and amenities. Newly renovated kitchens, updated appliances, and modern bathrooms can justify higher rental prices. If your property offers extras such as a swimming pool, a large backyard, or
energy-efficient features, these can add value.
- Location. Proximity to major employers, schools, public transportation, and amenities like parks and shopping centers can significantly impact rental prices.
Sacramento’s downtown and suburban neighborhoods like East Sacramento, Midtown, and Roseville are often in higher demand.
Consider Hiring a Sacramento Property Management Company
Once you’ve set a rental price, be prepared to adjust it based on interest.
We’d welcome the opportunity to talk about the right rental value for your Sacramento rental house. Please contact us at Sacramento Delta Property Management. We’ve been working with owners and investors to effectively lease, manage, and maintain
investment properties for more than 40 years.