The price you can rent your house for will depend on the details of your property. Location is one of the main factors. A house close to desirable areas such as colleges, shopping centers, urban happenings, or transportation hubs can command a higher rent. However, it the area has a high supply of rental units, you’ll need to keep the price competitive.
Conversely, in a less desirable location, such as a less popular area or an area with minimal rentals, you may need to lower the price to attract tenants.