Finding reliable tenants for your vacant apartments is crucial for filling vacancies and ensuring a steady income. In today's digital age, the best way to market your building and attract high-quality leads is through rental listing sites. These online platforms allow property owners to showcase their vacant units to prospective residents. Let's explore the top 10 rental listing sites that can help you find the perfect tenants faster.
What Are Rental Listing Sites?
A rental listing site is an online platform where property owners and managers can advertise their vacant units to prospective residents. These sites, also known as Internet Listing Services (ILS), offer a convenient way to reach a larger audience of apartment hunters. They typically include essential details about the rental property, such as address, photos, unit specifications, and contact information.
Why Use Rental Listing Sites?
The majority of renters turn to online platforms to search for their next home. If you're not already using rental listing sites, you're missing out on a vast pool of potential leads. Here's a breakdown of how many people use online listing platforms to find a new home:
- 88% of Gen Z
- 90% of millennials
- 79% of Gen X
- 70% of baby boomers
- 41% of the silent generation
Aside from reaching a wider audience, listing your rentals on these platforms offers several other benefits:
- Increased brand exposure
- Fairly passive marketing efforts
- Listings reposted to other websites for greater exposure
- More leads from qualified prospects
- Built-in time-saving services like tour booking and tenant screening
How to List Rentals on an Apartment Listing Site
Listing rentals online is a straightforward process. You first need to create an account on the platforms where you want to advertise. Some platforms are free, while others require a membership fee or per-listing payment. Once you have an account, you can write compelling descriptions of your vacant units, providing plenty of details. Don't forget to include high-quality photos and even virtual tours to attract more leads.
Pro tip: Consider staging your units before photographing them. This will make them more appealing to prospects and help them envision themselves living there.
Now, let's dive into the top 10 best rental listing sites:
1. Apartments.com
With over 1.1 million listings, Apartments.com is one of the largest rental platforms available. It offers a clean and user-friendly interface for both desktop and mobile users. Listing your vacancies on Apartments.com will automatically syndicate them to six other websites, including Forrent.com and Apartment Finder.
2. Zillow
Zillow is a highly popular platform, attracting over 34 million visitors each month. While known for single-family home sales, it also has a massive rental-focused platform called Zillow Rental Manager. You can specify amenities, pet policies, and other factors that renters look for. Property managers with fewer than 50 units can use Zillow for free.
3. Apartment Finder
As part of the Apartments.com network, Apartment Finder is a powerful platform for rental listings. Its intuitive website and mobile app make it easy for users to search for apartments based on their preferences. The platform also offers attention-grabbing labels for listings, such as "Rent Special" or "Price Drop."
4. Avail
Avail stands out by offering tenant screening services bundled with rental listings. In addition to background and credit checks, Avail performs eviction history and advanced criminal checks. It also provides options for tenants to pay for screening reports, ensuring more qualified applicants. Avail syndicates listings to platforms like Zillow, Hotpads, and Trulia.
5. Craigslist
Craigslist may not be solely dedicated to apartment listings, but it's a wildly popular platform that many apartment hunters use. Creating and publishing a listing on Craigslist is easy and free. It allows you to target prospects in specific cities and receive inquiries via email. While leads may not be as qualified as on other platforms, Craigslist attracts high traffic and increased views.
6. Facebook Marketplace
With over 800 million monthly users, Facebook Marketplace has quickly become a reliable place to find apartments. Although it isn't designed solely for rentals, Facebook has made apartment searching easier by introducing search filters. Advertising your vacancies on such a heavily trafficked platform can significantly increase your reach.
7. People with Pets
If your building allows pets, People with Pets is a great platform to capture a highly qualified audience of pet owners. It charges a yearly or monthly fee and allows you to highlight move-in specials and provide direct links to your website and social media accounts.
8. Apartment List
Apartment List offers a unique "rental concierge" service, which appeals to renters looking for a hands-off approach to apartment hunting. Users answer a few questions, and the platform curates a list of top matches based on their preferences. Apartment List has a pay-per-performance model, ensuring you only pay when a lead becomes a resident.
9. Zumper
Zumper may have lower monthly traffic compared to Zillow and Apartments.com, but it offers a tool called Instarent that allows prospects to reserve listings and digitally sign leases. This feature can help you fill a vacant unit within a day. Zumper also provides various filters for users to refine their search results effectively.
10. PadMapper
Acquired by Zumper, PadMapper is a popular platform known for its high traffic. It allows renters to find apartments with specific qualities in the US and Canada. Listing a single unit on PadMapper is free, but for multiple units or buildings, you can sign up for Zumper Pro, which also offers tenant screening and credit check services.
Takeaways
If you're ready to attract more prospects and sign more leases, it's time to start advertising on rental listing websites. Consider listing on Zillow and Apartments.com, as they are among the top platforms with the most significant reach. If you manage pet-friendly buildings, platforms like People with Pets can help you capture a highly qualified audience. Don't overlook unconventional platforms like Craigslist and Facebook Marketplace, as they can generate significant traffic. Finally, if your goal is to sign leases quickly, Zumper's Instarent tool can be a game-changer.
Start leveraging these rental listing sites today, and watch your vacant units fill up with high-quality tenants!