Shortage available homes for rent continued in 2013 and we had more rental applicants than homes to rent them. The out of balance picture of demand vs supply was one of the critical factors we were able to increase our clients rental income by 7-10% in 2014.
In one case were able to increase the rent for Single Family home from $3,500 which was a 7.14% increase from the previous year. One reason we were limited in this case was the very out-dated appliances and the dark paneling on the walls.
In case you are not working with an agent to manage your rental properties, one quick source to determine the rent for your properties is Rentometer. However, just like any website this site is only able to provide some crude estimates and you will not be able to determine the exact impact of amenities and unique featuers your home.