Zillow publishes Zestimate home valuations for 104 million homes across the country, and uses state of the art statistical and machine learning models that can examine hundreds of data points for each individual home. The Zillow rental estimate tool is popular among real estate investors looking to estimate the rental rates of their investment property. The Zillow rent estimate tool serves its purpose well, which is to give users a good starting point when buying or selling a home. The leading real estate marketplace. 5 ba 1,000 sqft - Apartment for rent 20 minutes ago Loading MAA Brierdale / 10210 Hillston Ridge Rd, Raleigh, NC. Key Features: • Add, edit and publish your rental listings. Zillow Sharpens Rent Zestimate For Homeowners - Inman Property Portfolio Zillow sharpens Rent Zestimate for homeowners The refreshed Rent Zestimate has a 5% greater accuracy rate than its. Here’s a news flash for all of you: A property is only worth what someone is. Because Zillow relies on a lot of publicly available. Mashvisor is a great tool to help real estate investors and professionals fill in the gaps. One of its key features is the Zillow rent estimate tool, or Rent Zestimate as they call it. It is calculated using a formula and serves as a launching point for figuring out the monthly rental cost for a particular piece of property. A Zestimates accuracy will also vary based on the constitution of the town or neighborhood where a. How is the Zestimate® calculated?. Zillow Rent Estimates Mike Moles Investor Bethel, CT Posted 8 years ago Im looking at my first SF rental investment property and I was wondering how accurate the monthly rent estimates are on Zillow, anyone have any experience with this? I think they seem reasonable but Im not sure. The main reason why you can’t trust Zillow and its estimates because the majority of its revenue comes from realtor advertising on its platform. zIlLCB2cN4vp87AofDtyq4- referrerpolicy=origin target=_blank>See full list on mashvisor. Now, that number has increased to over 100 million properties in the country. When paying for your premium listing, you will be asked to enter a credit card at checkout. In this article, we discussed the top six reasons that can influence and affect how Zestimate works for each individual. Free Rent Estimate for Rental Properties. The Rent Zestimate ® uses millions of data points — plus local market trends — to give you a starting price point. Zillow Estimate Rent: Complete Guide. This apartment provides free private parking, room service and free WiFi. What is the Zillow Home Values Index?. Our database will provide data for that property and properties like it. How Accurate are Zillow Home Prices Compared to Other. Zestimates are generated using Zillows proprietary valuation algorithms, which include factors such as property details and tax history. The Rent Zestimate is pulled from public property data and similar local properties listed for rent; there may be special features,. The Zillow rental estimate tool is popular among real estate investors looking to estimate the rental rates of their investment property. While the Zestimate is the estimated market value for an individual home, the Estimated Sale Range describes the range in which a sale price is predicted to fall, including low and high estimated values. Conclusion: Leverage Rent Estimates for a Thriving Investment. Our Rent Estimate Report provides just a recommended range for where to list your property but ultimately, the decision is yours for how much you’d like to list your property for. Input your net (after tax) tax) income and the calculator will display rentals up to 40% of. The Best Rental Estimates for Your Property. Sometimes, public records and user-generated information are not enough data to effectively estimate the rental rate. Essentially, the whole point of the tool is to calculate the worth of a certain property based on the public market data and property comparison. The site recommends spending at least 5,000 impressions per month. Savings, debt and other expenses could impact the amount you want to spend on rent each month. Zestimates are generated using Zillows proprietary valuation algorithms, which include factors such as property details and tax history. Zillow Sharpens Rent Zestimate For Homeowners. Zillow Review: Pros, Cons, and More. Learn More: Zillow Zestimate—Is It Accurate? Should Real Estate Investors Use It? How Does Zillow Determine Its Rent Estimate?. • Integration with Zillow 3D Home app. The Rent Zestimate is pulled from public property data and similar local properties listed for rent; there may be special features, location, and market conditions our algorithms have not taken into account. Any non-binding quotes provided by the Zillow Companies for Third-Party Providers’ financial products are not intended to be official Loan Estimates as defined in the Real Estate Settlement Procedures Act or the Truth in Lending Act, or to otherwise serve as a disclosure of any specific loan terms or conditions under any state or federal law. One of the main ways the brand brings value to its audience is via the Zillow rent estimate tool, called Rent Zestimate. 5 ba 1,000 sqft - Apartment for rent 20 minutes ago Loading MAA Brierdale / 10210 Hillston Ridge Rd, Raleigh, NC. Rent a home With 35+ filters and custom keyword search, Trulia can help you easily find a home or apartment for rent that youll love. Zillow: Real Estate, Apartments, Mortgages & Home Values Skip main navigation Find it. Zillow Sharpens Rent Zestimate For Homeowners - Inman Property Portfolio Zillow sharpens Rent Zestimate for homeowners The refreshed Rent Zestimate has a 5% greater accuracy rate than its. Rental Estimates for Your Property. Local housing authorities will perform an independent evaluation on your unit as well. Zillow has calculated Zestimates for around 100 million U. Any owner-updated home facts, plus other. Any non-binding quotes provided by the Zillow Companies for Third-Party Providers’ financial products are not intended to be official Loan Estimates as defined in the Real Estate Settlement Procedures Act or the Truth in Lending Act, or to otherwise serve as a disclosure of any specific loan terms or conditions under any state or federal law. The accuracy of a Zestimate will depend on how much data about the area that Zillow has access to. The Rent Range can vary in magnitude depending upon our historic ability to estimate our similar homes. Get a pulse on the competition Sort, filter and analyze a customized list of rental comps for your area. Conclusion: Leverage Rent Estimates for a Thriving Investment. While the Zestimate is the estimated market value for an individual home, the Estimated Sale Range describes the range in which a sale price is predicted to fall, including low and high estimated values. (Pronounced ZEST-ti-met ) The Zestimate® home valuation model is Zillow’s estimate of a homes market value. The Zillow monthly rent calculator works by collecting information from public records, data, and tax records to produce a potential number that will theoretically be competitive in the housing market. Currently, Zillow has data on over 168 million homes and a Rent Zestimate on 115 million of them. Rental Listings 4,126 results Sort: Newest Hanes - Upstairs, 3227 Hanes Ave, Richmond, VA 23222 $1,795/mo 2 bds 1 ba 1,400 sqft - Apartment for rent 15 minutes ago Walnut Creek, 700 Ryan Ct #C-708, Raleigh, NC 27606 $1,333/mo 2 bds 1. Some counties and cities have more publicly available data than others, and the more data there is, the more accurate a Zestimate will be. Down payment Down payment percent. Enter your address, press enter to submit Get started Frequently asked questions Why use a home value estimator tool? What is a Zestimate? How accurate is the Zestimate?. What is the Zillow Home Values Index?. Get a pulse on the competition Sort, filter and analyze a. Zestimates - Data & APIs Transactions Zestimate Zestimates Zestimates Request Access The Zestimate API allows users to retrieve current Property, Rental and Foreclosure Zestimates for ~100 million properties in the US. Zillow’s estimation of a property’s monthly rental cost is known as a Rent Zestimate. The Rent Zestimate ® tool helps provide a rent estimate by address. The Redfin Rental Estimate is an estimate of the fair market rental value of an individual home. (Pronounced ZEST-ti-met ) The Zestimate® home valuation model is Zillow’s estimate of a homes market value. For example, a Zestimate may be $260,503, while the Estimated Sale Range is $226,638 to $307,394. How Accurate Are Zillow Estimates?. Zestimate? Zillows Zestimate Accuracy. You can easily sort, filter, and analyze a customized list of rental comparisons for your area. From the analysis, you will know if you’ll generate a positive cash flow and achieve profitability from. The Redfin Rental Estimate is an estimate of the fair market rental value of an individual home. Zillow publishes Zestimate home valuations for 104 million homes across the country, and uses state of the art statistical and machine learning models that can examine hundreds of data points for each individual home. Information from similar properties makes it easier to set the right price. Zillow publishes Zestimate home valuations for 104 million homes across the country, and uses state of the art statistical and machine learning models that can examine hundreds of data points for each individual home. Zestimates are generated using Zillows proprietary valuation algorithms, which include factors such as property details and tax history. Rent Zestimate is $2,600, Rent. How much is my home worth? Enter your address to get your free Zestimate instantly and claim your home, or request a no‑obligation market value offer from Zillow. Zestimates - Data & APIs Transactions Zestimate Zestimates Zestimates Request Access The Zestimate API allows users to retrieve current Property, Rental and Foreclosure Zestimates for ~100 million properties in the US. Zillow’s free Rent Zestimate tool uses millions of data points along with local market trends to give you a starting price point. Rent estimates, also known as rent comps, help you determine the fair market rent for your property. We checked multiple data sources and found this one to be the most comprehensive and accurate for providing rental estimates. Find a rental Buy a home With over 1 million+ homes for sale available on the website, Trulia can match you with a house you will want to call home. That makes Zestimates slightly more accurate than Redfin Estimates, but theyre still off by an average of $5,500-19,800, based on the median U. The Redfin Rental Estimate is an estimate of the fair market rental value of an individual home. While knowing your Zestimate can be helpful, youll want to compare numbers from several home value estimators to see what your home might be worth. assumes no responsibility for any result or consequence related directly or indirectly to any action or inaction that you or any consumer takes based on the Services or any other. Zillow You could spend $20 to $60 per 1,000 impressions on impressions on Zillow. Landlords: How to Determine the Rental Amount for Your Property. Search rental listings for houses, apartments, townhomes and condominiums in your neighborhood. How much is my home worth? Enter your address to get your free Zestimate instantly and claim your home, or request a no‑obligation market value offer from Zillow. Paying for your Zillow Rental Manager listings. Zillow>How Much is My House Worth? Free Home Value Estimator. The Zillow Rent Index is the median estimated monthly rental price for a given area, and covers multifamily, single family, condominium, and cooperative homes in Zillow’s database, regardless of whether they are currently listed for rent. RENT A HOME - From shopping on the largest rental. How is the Zestimate® calculated? – Zillow Help Center. The Zestimate incorporates public, MLS and user-submitted data into Zillow’s proprietary formula. Sign Up Now If you have questions, call (866) 466-7328 © 2023 AffordableHousing. Conclusion: Leverage Rent Estimates for a Thriving Investment. That makes Zestimates slightly more accurate than Redfin Estimates, but theyre still. The accuracy of a Zestimate will depend on how much data about the area that Zillow has access to. However, unless provided for in your Product’s Terms, Zillow, Inc. The Zillow rental estimate tool is popular among real estate investors looking to estimate the rental rates of their investment property. I think this house is worth closer to $180,000 or maybe. Calculate your monthly payment. $1200 ($100 per month x 12 months) /. Currently, Zillow has information on more than 168 million houses, 115 million of which have a Rent Zestimate. While knowing your Zestimate can be helpful, youll want. One of the main ways the brand brings value to its audience is via the Zillow rent estimate tool, called Rent Zestimate. How much is my home worth? Enter your address to get your free Zestimate instantly and claim your home, or request a no‑obligation market value offer from Zillow. The Rent Range can vary in magnitude depending upon our historic ability to estimate our similar homes. The word Zestimate (rent estimate by Zillow) should pop up with the rental amount and the range Zillow thinks the property may rent for. Zillow: Real Estate, Apartments, Mortgages & Home Values>Zillow: Real Estate, Apartments, Mortgages & Home Values. I’ve had Zillow increase the value of my house by 23% during the housing collapse. Towels and bed linen are provided in the apartment. The Zillow estimate rent tool was first launched in 2011 and at the time, it contained 90 million houses worth of data in the US. It is calculated using a formula and serves as a launching point for figuring out the monthly rental cost for a particular piece of property. Zillow does not list any agents or brokerages; rather the company uses third-party listings from active real estate agents and brokerages nationwide. Using up-to-date rental data, we look at similar properties currently listed for rent or that have recently been taken off the market. Maximizing Your Rental Income with Zillow and Redfin Rent. One of its key features is the Zillow rent estimate tool, or Rent Zestimate as they call it. Rent a home With 35+ filters and custom keyword search, Trulia can help you easily find a home or apartment for rent that youll love. This calculator shows rentals that fit your budget. A Rent Zestimate is Zillow’s estimate of a property’s monthly rental price. Check out the value estimates for your home on Zillow, Realtor. Click on the word “rent” or “Zestimate”, both will give you rent estimates. Zillow: Real Estate, Apartments, Mortgages & Home Values. A Zestimate incorporates public, MLS and user-submitted data into Zillow’s proprietary formula, also taking into account home facts, location and market trends. Rent Zestimate is $2,600, Rent Range is $2,000-$3,200). Savings, debt and other expenses could impact the amount you want to spend on rent each month. Zillow: Real Estate, Apartments, Mortgages & Home Values Skip main navigation Find it. One of the main ways the brand brings value to its audience is via the Zillow rent estimate tool, called Rent Zestimate. Real estate investors can greatly benefit from rent estimates to make informed decisions and maximize their rental income. Go to Zillow. The accuracy of a Zestimate will depend on how much data about the area that Zillow has access to. Determine your propertys earning potential. Zillow’s free Rent Zestimate tool uses millions of data points along with local market trends to give you a starting price point. Estimate how much youll pay each month for your new home with our easy-to-use mortgage calculator. Rent Zestimate is $2,600, Rent Range is $2,000-$3,200). United States Home Prices & Home Values / Zillow United States Home Values $334,269 5. Currently, Trulia Estimates are available for more than 65 million off-market single-family homes, condos, and townhomes across the U. Real estate investors can greatly benefit from rent estimates to make informed decisions and maximize their rental income. By using tools like the Zillow Rent Estimator and Redfin Rent Estimate, you can: Assess the rental market in your area. Median Error Real estate websites could easily say. Rental Listings 4,126 results Sort: Newest Hanes - Upstairs, 3227 Hanes Ave, Richmond, VA 23222 $1,795/mo 2 bds 1 ba 1,400 sqft - Apartment for rent 15 minutes ago Walnut Creek, 700 Ryan Ct #C-708, Raleigh, NC 27606 $1,333/mo 2 bds 1. Because Zillow relies on a lot of publicly available. Input your net (after tax) tax) income and the calculator will display rentals up to 40% of your estimated gross gross income. Rent estimates in 5 steps: How savvy landlords set asking rents>Rent estimates in 5 steps: How savvy landlords set asking rents. It is computed using a formula and is a starting point in determining the monthly rental price for a specific property. To come up with the Zillow Rent Zestimate ®, we look at: The home’s physical attributes and amenities (like square footage and number of bedrooms and bathrooms) Comparable rental properties and the market rental rates in the area. The Rent Zestimate ® uses millions of data points — plus local market trends — to give you a starting price point. We want to stop Zillows posting estimate on our property. That will pay for more than a. You can change your card by entering a new card number in the checkout screen on your next listing. Rental Listings in Your Neighborhood. Research prices, neighborhood info and more on Trulia. This card will be saved as your default payment method for future listings. We know Zillow is not perfect. Redfin vs Zillow vs Trulia: Honestly, Which Is Best?. Zillows notes that its Zestimates have a median error rate of 1. I’ve had Zillow increase the value of my house by 23% during the housing collapse. This calculator shows rentals that fit your budget. Currently, Zillow has information on more than 168 million houses, 115 million of which have a Rent Zestimate. Rent Affordability Calculator. The Rent Zestimate ® uses millions of data points — plus local market trends — to give you a starting price point. The Rent Range can vary in magnitude depending upon our historic ability to estimate our similar homes. Once you know what the average size of comparable rental properties in your area are, or better yet the actual size of specific units, calculate the average market rent per square foot: $1,500 per month x 12 months = $18,000 / 1,200 square feet = $15 per square foot per year or $1. The air-conditioned apartment consists of 3 bedrooms, a living room, a fully equipped kitchen with a fridge and a coffee machine, and 2 bathrooms with a bidet and a shower. What is a Zestimate® home value? – Zillow Help Center. com and put in the address of your property and then click “search”. NOI / Cap rate = Market value. What is a Rent Zestimate®?. It is a starting point in determining the monthly rental price for a specific property. Zillow recently updated the Zestimate algorithm to incorporate new enhancements and even more data. Zillow Rent Calculator: Know Your Rental Income. Off-market data — tax assessments, prior sales and other publicly available records. For example, a Zestimate may be $260,503, while the Estimated Sale Range is $226,638 to $307,394. With comprehensive rental market analysis, you can calculate a reliable rent estimate by zip code or specific address. How Much Rent Can I Afford?. The Zillow estimate rent tool was first launched in 2011 and at the time, it. This causes the Zillow rent calculator’s estimates to be incorrect most of the time. Zestimate: Each house listed on Zillow has a Zestimate, which estimates the current market value of the house, the amount it could be rented for and whether the value is projected to increase. Accurate Is a Zillow Zestimate? 5 Things to Know>How Accurate Is a Zillow Zestimate? 5 Things to Know. While the Zestimate is the estimated market value for an individual home, the Estimated Sale Range describes the range in which a sale price is predicted to fall, including low and high estimated values. This causes the Zillow rent calculator’s estimates to be incorrect most of the time. A Zestimates accuracy will also vary based on the constitution of the town or neighborhood where a property. Zillow Rental Estimate: How Accurate Is It?. This causes the Zillow rent calculator’s estimates to be incorrect most of the time. Search millions of for-sale and rental listings, compare Zestimate® home values and connect with local professionals. It is expressed in dollars and is seasonally adjusted. Zillow recently updated the Zestimate algorithm to incorporate new enhancements and even more data. Zillow also gives estimates for rental rates on properties. Once you find a renter, you can screen them and collect rent, entirely online. The Rent Range, which is related to the Rent Zestimate, shows the high and low estimates an apartment or home could rent for (e. The Rent Range, which is related to the Rent Zestimate, shows the high and low estimates an apartment or home could rent for (e. Zillows goal is to have a Zestimate for every home in the country. A Rent Zestimate (pronounced ZEST-ti-met, rhymes with estimate) is Zillows estimated monthly rent price, computed using a proprietary formula. United States Home Prices & Home Values. Currently, Zillow has data on over 168 million homes and a Rent Zestimate on 115 million of them. The Zillow estimate rent tool was first launched in 2011 and at the time, it. Valuing rents on homes is much harder to compare than house values because you cannot look up what properties are rented for. It is not an appraisal and cant be used in place of an. The Zillow monthly rent calculator works by collecting information from public records, data, and tax records to produce a potential number that will theoretically be competitive in the housing market. However, due to its popularity, beginner investors often rely too heavily on Zillow’s data without realizing that the smallest inaccuracies may cost them financial losses. We look for the most similar properties in your area and estimate the rent for your property based on those comps. Rent Zestimate is $2,600, Rent Range is $2,000-$3,200). Rent estimates in 5 steps: How savvy landlords set asking rents. com, Redfin and Trulia, and you’ll likely be shocked at how much they differ. However, due to its popularity, beginner investors often rely too heavily. Using up-to-date rental data, we look at similar properties currently listed for rent or that have recently been taken off the market. The Zillow estimate rent tool was first launched in 2011 and at the time, it contained 90 million houses worth of data in the US. Your previously saved card will be deleted from our system when you update. In this article, we discussed the top six. Zillow’s Rent Zestimate creates an estimate of a property’s anticipated rental income, based on factors like square footage, number of bedrooms and bathrooms, whether or not it has air. has a real estate broker license in certain states (see Section 21). The Market Rent Estimator will also provide information about comparable properties. What is the Rent Zestimate? – Help Center. United States Home Prices & Home Values. The Rent Zestimate ® uses millions of data points — plus local market trends — to give you a starting price point. Estimator tools are a good starting point when determining your homes value. ‎Zillow Rental Manager on the App Store. However, industry experts still recommend pairing it with professional information and comparative market analysis. The Rent Range, which is related to the Rent Zestimate, shows the high and low estimates an apartment or home could rent for (e. Zillow rent values. However, due to its popularity, beginner investors often rely too heavily on Zillows data without realizing that the smallest inaccuracies may cost them financial losses. The Zillow rent estimate tool serves its purpose well, which is to give users a good starting point when buying or selling a home. Once you know what the average size of comparable rental properties in your area are, or better yet the actual size of specific units, calculate the average market rent per square foot: $1,500 per month x 12 months = $18,000 / 1,200 square feet = $15 per square foot per year or $1. United States Home Prices & Home Values / Zillow United States Home Values $334,269 5. Zillow’s Rent Zestimate tool helps provide a rent estimate by address. Trust Zillow And Its Estimates. The Rent Zestimate is pulled from public property data and similar local properties listed for rent; there may be special features, location, and market conditions our algorithms have not taken into account. 0% 1-yr The average United States home value is $334,269, up 5. Check out the value estimates for your home on Zillow, Realtor. The Rental Estimate is for informational purposes only. Zillow Rental EstimatesHow Does Zillow Estimate Rent: Complete Guide. That will pay for more than a few high-caliber rent estimates!. While the Zestimate is the estimated market value for an individual home, the Estimated Sale Range describes the range in which a sale price is predicted to fall, including low and high estimated values. The Zillow Rent Index is the median estimated monthly rental price for a given area, and covers multifamily, single family, condominium, and cooperative homes in Zillow’s database, regardless of whether they are currently listed for rent. How is the Zestimate® calculated? 1 year ago. This information is run through their algorithm to generate a rental price. What is the Rent Zestimate?. Make informed decisions about lease renewals. Zillow’s free Rent Zestimate tool uses millions of data points along with local market trends to give you a starting price point. Zillow estimates this home is worth $166,000, which is not too far off. The Zestimate incorporates public, MLS and user-submitted data into Zillow’s proprietary formula. 0% over the past year and goes to pending in around 20 days. Zestimate. Zillow: Homes For Sale & Rent. Zillows notes that its Zestimates have a median error rate of 1. You can easily sort, filter, and analyze a customized list of rental comparisons for your area. Find a home See neighborhoods. So, a seemingly minor rent reduction of 3% translates to a $20,000 loss in potential property value. Zillow’s estimation of a property’s monthly rental cost is known as a Rent Zestimate. com%2fblog%2fzillow-rent-calculator%2f/RK=2/RS=MOoP. We even spot checked the data against a large number of rentals using our property management solution. Maximizing Your Rental Income with Zillow and Redfin Rent Estimates…. When you first list your rental with Poplar Homes, we will provide you with a detailed Rent Estimate Report. Find a rental Buy a home With over 1 million+ homes for sale available on the website, Trulia can match you with a house you will want to call home. Zillow Rent Estimate: The Ultimate Guide. The Redfin Rental Estimate is an estimate of the fair market rental value of an individual home. For example, a Zestimate may be $260,503, while the Estimated Sale Range is $226,638 to $307,394. Real Estate Rentals Mortgage Rates Browse Homes. Zillow’s estimation of a property’s monthly rental cost is known as a Rent Zestimate. Using up-to-date rental data, we look at similar properties currently listed for rent. com/_ylt=AwrijD7tw1dkg3E38DdXNyoA;_ylu=Y29sbwNiZjEEcG9zAzUEdnRpZAMEc2VjA3Ny/RV=2/RE=1683502190/RO=10/RU=https%3a%2f%2fwww. By leveraging tools like Zillow Rent Estimator, Redfin Rent Estimate and even our site, you can stay competitive in the market and attract quality tenants. What is a Zestimate? Zillows Zestimate Accuracy. Any non-binding quotes provided by the Zillow Companies for Third-Party Providers’ financial products are not intended to be official Loan Estimates as defined in the Real Estate Settlement Procedures Act or the Truth in Lending Act, or to otherwise serve as a disclosure of any specific loan terms or conditions under any state or federal law. The Zestimate® home valuation model is Zillow’s estimate of a home’s market value. Rental Income with Zillow and Redfin Rent >Maximizing Your Rental Income with Zillow and Redfin Rent. As we begin to recover, their estimate has gone down by about 7% from the peak. To calculate a Zestimate, Zillow uses a sophisticated neural network-based model that incorporates data from county and tax assessor records and direct feeds from hundreds of multiple. 06 or 6% = $20,000 market value difference. On-market data such as listing price, description, comparable homes in the area and days on the market. The Rent Range, which is related to the Rent Zestimate, shows the high and low estimates an apartment or home could rent for (e. It’s a valuable starting point when determining the best monthly rate for your property, but remember that the Rent Zestimate is not set in stone — it’s a resource for homeowners who are pricing their rental properties. Also, this will give wrong understanding about value of our house too. By leveraging tools like Zillow Rent Estimator, Redfin Rent Estimate and even our site, you can stay competitive in the market and attract quality tenants. Zestimate® home value? – Zillow Help Center>What is a Zestimate® home value? – Zillow Help Center. Find tools to buy, sell or rent a home and keep millions of listings right at your fingertips with the Zillow app. In this article, we discussed the top six reasons that can influence and affect how Zestimate works for each individual using the platform. Rental Estimate: Use This Tool for Accuracy. United States Home Prices & Home Values / Zillow United States Home Values $334,269 5. Zillow has calculated Zestimates for around 100 million U. Variations in rental price can also occur because of negotiating factors, special incentives, and length of lease. The tool simply allows users to determine how much a property is worth using comparable properties and market data available to the public. I am not comfortable with their estimate fluctuations and our house valued by someone not totally understanding our house. Zillow has calculated Zestimates for around 100 million U. It also takes into account home facts, location and market trends. We checked multiple data sources and found this one to be the most comprehensive and accurate for providing rental estimates. This calculator shows rentals that fit your budget. While the Zestimate is the estimated market value for an individual home, the Estimated Sale Range describes the range in which a sale price is predicted to fall, including low and high estimated values. The Zestimate also incorporates: Home characteristics, including square footage, location or the number of bathrooms. Zillow Rent Estimate Calculator.