Sell Versus Rent Assessment: Should You Rent Out Or Sell Your House?

In general, there is the greatest number of people looking for rental properties in the OKC metro area in the $650 to $1,300 per month range. Once you start going beyond $1,400 per month,the number of people looking for those properties starts to shrink. There is still a market, but it just may take some additional time to lease.

When people ask how long it should take to find a renter, I like to tell them about 30 days as long as the property is ready to rent (it’s clean and items are fixed), the rental price is appropriate (not set too high), and it’s not a slow time, like between Thanksgiving and Christmas.

Allow an extra 30 days if you have a higher-priced rental.

If you aren’t sure how much your house will lease for, we can help you with rental comps. Or, go to a site like Zillow. to find what similar houses close to yours are leasing for.

Originally published at https://www.yourokcpropertymanager.com on February 10, 2020.