Rent Jungle Launches Innovative Site To Gauge How Much Neighbors Are Paying For Rent And To Help Renters Negotiate Rent With Landlords

Online, June 8, 2011 (Newswire.com) - CompareYourRent.com (http://www.compareyourrent.com/) has officially launched its services to the United States as the premiere website to compare rent, find neighborhood rental rates, and to provide rental pricing for owners. Using rental information supplied by search engine technology specifically geared for apartments, CompareYourRent.com compiles rental rates based on size, quality, and location, and summarizes the rates for users. The site compares the user submitted rental rates against those of neighboring units, offers helpful ranges of what users can expect to pay in rent for the area, and shows the percentages of neighbors pay more or less in rent.

CompareYourRent.com went live in early June and is expected to soon grow in wide circulation amongst apartment hunters, managers, and owners. The site's easy to use design allows users to compare their rent against those around them, price out new apartments, and even see examples of current available apartments in the area. Users can expect to find current information regarding neighborhood and citywide trends, as well as share these trends with friends and family. Apartment hunters will also enjoy the ability to see if they are overpaying for rent, as well as if they have found the most affordable deal. CompareYourRent.com encourages renters to be wary of their rental situations, and be empowered in the moving process. "Given that more and more Americans are renting, we wanted to make a free site to help the average apartment hunter learn what should be paid in rent," said CEO Jon Pastor. "It's a great tool, and we are excited to see how we can change the way people think about renting."

CompareYourRent.com additionally gives accurate data about local rental rates to apartment owners, making it easier to correctly price and manage rental rates, as well as fill vacant units. As traffic increases to the website, Compare Your Rent plans to market the tool to apartment and rental housing websites, as well as to search engines and apartment associations.