rentBits.com Releases Free Average Rental Rates for Over 4,000 Cities in the US
March 18, 2009 – 10:36 pmThe number one feedback we have received from renters, property managers and investors is to offer a tool that shows average rental rates by type and bedroom. With that said, we are very excited to announce a new service that offers free rental rates and stats for over 4,000 cities in the US.
Below is the press release that will go out tomorrow morning. Please let us know your thoughts on this new tool.
rentBits.com, a free national rental search engine, today announced the launch of its free rental rates page for over 4,000 cities in the United States. Using data from over 7,000,000 rental houses, condos and apartments, the service gives renters, property managers and leasing agents key information on average rental rates in their city.
The new rental rates page for each city offers:
- Free access to current and historical rental rates
- An easy to view graph of historical rental rates
- The current average and median rental rates
- Rates broken out by houses, apartments and other (Condos,Townhomes, etc)
- Rates broken out by 1 bedroom, 2 bedroom and 3+ bedroom
- The current number of active rental listings in the database
- The ability to search for rentals in a specific city
“With this new service, renters, owners, agents and property managers can now make more informed decisions when negotiating or pricing the rental home” says Dan Daugherty, President and CEO.
To view rental rates in major cities go to http://rentbits.com/rb/t/rental-rates/
Read about or comment on updated rentBits news and observations in the rental industry at the rentBits’ corporate blog at http://rentbits.com/blog.
About rentBits
rentBits is a free national rental search engine offering renters one place to search across many rental sources. The company offers an intuitive, clean interface, new rental search technology, and the most comprehensive index of rental property listings to help renters find an apartment or home for rent. rentBits was started by a group of Internet and real estate veterans, including ex-Googlers Dan Daugherty and Tim Moynihan. Located in Englewood, CO, rentBits is a subsidiary of Rent Marketer, Inc (www.rentmarketer.com), an online rental advertising network and distribution platform.
One Response to “rentBits.com Releases Free Average Rental Rates for Over 4,000 Cities in the US”
I think this is going to be a tremendous tool for your site. It will not only help renters make an informed decision during their housing search, but will also give property managers a tool to make sure they are on the right track and offer competitively priced housing.
I would have to think it will greatly increase your page views and unique users. Great idea!
By Diana Hosler on Mar 31, 2009