All Collections
Community Pulse
How to View Rental Rates Data in BrightInvestor
How to View Rental Rates Data in BrightInvestor

A quick guide on how to populate and navigate rental rates data.

Drew McCluskey avatar
Written by Drew McCluskey
Updated over a week ago

Manual Mode

1. Search for your desired location in the "Enter Address, Zip Code, or City" field and press Enter.

2. In Step 1 of the sidebar that appears, select Rental Rates.

3. If you are in Manual Mode, the next step is Step 2 of the sidebar, and you will select the Data Type you want to view. For this tutorial, we'll try both. Let's start by clicking Latest Data.

4. You can view the Data Boundary by Radius, Zip Code, or City By Zip Code. Let's leave it set to view Radius.

5. You can select the type of property you want to view data for. Let's view the rental rates for a Single Family, 2-Bedroom 1-Bathroom house.

6. Let's leave the Timeframe field set to Six Months to see what the most recent Rental Rates look like in this market. Go ahead and click Generate Map.

7. In Step 3 of the sidebar, you can view figures like the Minimum, Median, and Maximum rents in the selected radius.

8. For a complete breakdown of the rental information, download a RentOMeter Pro Report.

Tip! Using this report can be a great way to talk to tenants about increasing their rental payments when you can show what other properties nearby are offering.

9. That's it! You know how to search rental rates and find the latest data. To find Rent Growth, click on Step 2.

10. BrightInvestor saves your previous settings from Step 2. Let's click Rent Growth and press Generate Map.

11. In Step 3 of the sidebar, you can view figures like the Current Average Rent and Growth Over Time.

12. By scrolling down on the sidebar, a line graph illustrates the Rental Growth over the selected timeframe. Hover and Scroll over the line to track its numbers.

13. On a white to green scale, the map is colored so you can easily find the areas with the lowest and highest rents. Click on zip codes to see the exact numbers.

14. That's it! You know how to use Rental Growth and Rental Rates Data! You can now click on "New Search" to continue your market research.

Speed Mode

15. If you want to research faster, toggle the button here to enter Speed Mode which skips Step 2 and searches with your default or saved settings.

Be sure to check out our other tutorials, and if you ever have any questions, you can reach out to us by clicking the chat bubble or sending us an email at [email protected]. :)

Did this answer your question?