Is Listing Your Rental on Zillow Worth It? Zillow Cost & Benefits (2024)

Zillow Rental Manager is a virtual real estate company that was founded in the year 2006. It provides a platform for property owners tolist a rental on Zillow and its partner sites. The properties are often well-presented using photos, 3D videos, descriptions, location, and price.Some landlords consider it the best rental listing site for those reasons, though there are several alternatives to Zillow with their own unique offerings that garner the attention of both landlords and tenants alike.

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Does Zillow Charge for Rental Listings?

Zillow receives an average of 34 million monthly views across its three listing platforms: Zillow, Trulia, and HotPads. Zillow Rental Manager previously offered free listing services, but it has recently implemented listing fees for all properties. As a result, landlords and property owners may be asking if they should continue to list a rental on Zillow. They may also be looking for a better alternative to Zillow Rental Manager.

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Is Zillow premium rental worth it? We discuss in this Zillow Rental Manager review the pros and cons of listing a rental on Zillow and how much Zillow Rental Manager costs. While Zillow might be a good solution for some landlords, we believe there are other property management software options that might be better for you.

How Much Does Zillow Rental Manager Cost?

Zillow Rental Manager has recently changed their pricing fees to list a rental. They appear to have gone back to free listings, with an option to upgrade to a premium listing. You will have the option to upgrade your listing at the time of publishing, or any time your listing is active.

Zillow Premium Listing Fees

  • If you do not wish to upgrade to a premium listing, simply post your listing without clicking the upgrade option and you will not be charged anything
  • If you wish to upgrade to a premium listing, the new fees are $29.99 for 90 days.

With either option, you will not be charged to manage your off-market properties or to access any of the additional Zillow Rental Manager property management tools such as tenant screening or online rent payments.

For premium listings, your listings will not renew automatically, and you can deactivate them at any time.Upgrading to premium is a one-time fee of $29.99 and gives you premium benefits for your listing up to 90 days. You will not be charged for properties in your account that are not actively listed for rent. If you fill your rental or wish to remove your listing, you will not receive a refund.

There are additional Zillow Rental Manager costs to consider:

  • $29 for each application and tenant screening report, paid by the applicant. These are free for the landlord.
  • Online rent collection is free for landlords and tenants alike for ACH bank transfers.
  • Tenants pay a 2.95% transaction fee for credit card transactions
  • Tenants pay a $9.95 convenience fee for debit payments

What Do You Get With a Premium Listing?

If you upgrade to a premium listing, your listing will have increased exposure and will be positioned higher in search results for renters searching in your area.

Additionally, you have access to customized insights on pricing, performance, and the leads you receive. Zillow will also give you recommendations to help optimize performance of your listing to fill your vacancy faster.

Finally, you will have access to priority support from Zillow.

Zillow Feed Connect

For landlords who use another rental listing site or property management software that list a rental on Zillow (and Trulia and Hotpads), Zillow Rental Manager has a product called Zillow Feed Connect that allows 3rd party listings across Zillow’s network. For example, subscribers to Avail, or TenantCloud can list their rentals on those platforms. These listings can also automatically syndicate to Zillow, Trulia and Hotpads. Now, they must connect their accounts with Zillow using Zillow Feed Connect at an additional cost.

Why You Should List a Rental on Zillow

Is Listing Your Rental on Zillow Worth It? Zillow Cost & Benefits (3)

Exposure

When you list a rental on Zillow, your property is syndicated to three different sites (Zillow, Trulia, and HotPads). Many renters in the US look to one or more of these top rental listing sites when searching for their new home.

Zillow claims a database of more than 110 million homes in the US, including those for sale, rent, and homes not currently on the market. With over 34 million visitors each month, Zillow’s popularity guarantees excellent exposure to your listings.

Listing Tools

Landlords can list a rental on Zillow relatively quickly and easily. It takes just a few minutes to create a listing. You just add property details, write a great description, upload photos and videos, and publish.

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Zillow also offers a free 3D home tour app that is useful in boosting your listings. The app is handy, especially during this COVID-19 pandemic, as people are taking precautions to avoid physical contact. The app is free to use, and you have the freedom to upload as many listings as you like. You can capture videos using your iPhone or any other camera, download the video on the app, and the app will create 3D tours.

Additionally, the site can help you list a rental on Zillow at the right price with their “Rent Zestimate” tool. Simply enter your property’s address. The tool will look at the property’s physical attributes and amenities, comparable properties in your market, plus any other property facts and public data to come up with a useful starting point for your ideal rental price.

Property Management Resources

Zillow Rental Manager also offers a few property management resources for landlords. They have adopted modern technology for tenant screening, lease uploads (customization is available in some states) and e-signing, and online rent payment. The tools enable clients to access various services through the online platform.

Zillow also offers resources to ensure a hassle-free troubleshooting process, feed support, listing inquiries, and reporting. Receive weekly email updates to stay informed of your of portfolio-level performance.

Zillow Listing Syndication

Zillow Feed Connect allows landlords and property managers to list a rental on Zillow through other software platforms such as Avail,Rentec Direct,RentRedi, TenantCloud, and others. While there is an additional fee involved, landlords can still utilize the benefits of their property management system while accessing the Zillow Rental Manager listing network. Leads will still be sent to the landlord on their platform of choice.

If you list your property through these other software products, your Zillow listing will receive a verification badge. The verification badge helps the tenant identify which listings are from a credible source, bringing increased exposure and lead volume. For example, Zillow claims this has led to an increase in leads of 34% in Oregon and 16% in Colorado.

Related:

Zillow Rental Manager Review

Which Rental Advertising Site Is the Best Alternative to Zillow?

Zillow Rental Manager vs Avail Software Comparison

TenantCloud vs Zillow Rental Manager: Which is Better for Landlords?

Why You Shouldn’t List a Rental on Zillow

Zillow Rental Manager Costs

Zillow Rental Manager has returned to a free rental listing site where landlords and property owners can advertisetheir property for saleor rent. However, they are now charging to upgrade to a premium listing for $29.99 for up to 90 days. In the past, Zillow has claimed that most property on their rental listing site gets rented within a week. If that is still the case, landlords still must pay the complete $29.99 fee and are not refunded, full or partial, if they fill their rental early.

You can still list your rental for free, but your listing will only appear in searches below all the other paid, premium listings.

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Poor Quality Leads

In our experience, we have found that while we receive a large number of leads from Zillow, many of them are not very good quality leads. Zillow makes it easy for people searching for rentals to immediately request information directly from the listing. However, a simple follow up or response to the tenant often results in no further reply from them. As a result, landlords dedicate resources and time to respond to these leads, but they often don’t lead to any real contact, let alone a showing or application.

Fewer Features

While Zillow Rental Manager does offer tenant screening, rent collection and some lease signing tools, they do not yet have some of the common property management tools as other property management software. For example, Zillow does not offer reporting and accounting tools, nor any method for landlords and tenants to communicate and submit maintenance requests. Additionally, features such as lease customization and creation are currently available only in Florida, Oregon, Colorado, and select markets in Illinois.

Related:

The Best Free Property Management Software for Small Landlords in 2021

The Best Online Rent Payment Service for Small Landlords

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Inaccurate Data

I recently listed a rental on Zillow and encountered an issue. I correctly entered the property’s location, but after publishing the listing, the property location showed up incorrectly on the map. In fact, it showed the apartment in a completely different city! The only way to correct this was to contact Zillow customer service online. The issue was finally resolved, but who knows how many potential tenants didn’t see my listing or ignored it altogether.

Inaccurate Rental Price Recommendations

Zillow’s Rent Zestimate tool is primarily based on algorithms using the property’s physical attributes, comparable properties, and other publicly available information. Thus, the method may ignore other variables and come up with an inaccurate rent price. At the end of the day, it is up to the landlord or property owner to look at the Rent Zestimate very carefully, check a variety of other good rent estimates, and then set the prices themselves.

Related:

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Customer Service

Zillow does offer a comprehensive online help center as well as other resources for landlords. However, there have been some negative reviews and complaints of poor customer service at Zillow. In most cases, it seems that there is no physical person available. Nor is there a phone number to reach someone to answer your questions and help with problems immediately. Rather, users must fill out an online form and wait for a response. To remedy this, it appears that you need to pay for the premium plan to access priority support if you have questions or need to resolve an issue.

Alternatives to Zillow Rental Manager

Our comprehensive rental property software overview listsa variety of other top rental listing sites that offer many of the same services as Zillow Rental Manager, and more. Alternatives to Zillow include software such as Avail, Rentec Direct, and RentRedi. The following are some of the features you can find in most of these other products:

  • Advertising and applications
  • Tenant screening
  • Leases and e-signing
  • Rent collection
  • Maintenance reporting and tracking
  • Rent analysis
  • Communication
  • Financial tracking and reporting

Many of these Zillow alternatives also allow syndication with Zillow, giving you the benefits of the property management software features as well as the reach of advertising from listing your rental on Zillow and it’s partner sites.

A-la-Carte

Alternatively, landlords can opt for an a-la-carte approach as an alternative to Zillow. For example, you could list a rental on Zillow, but then handle tenant screening with a screening-specific product like ApplyConnect or RentPrep, rent collection with PayRent, and accounting and reporting with Landlord Studio or Stessa. The result would be handling each aspect of property management using one of your favored products individually – sort of the best of all worlds.

Hybrid Property Management Services

Alternatively, some landlords might consider off-loading some time-consuming property management tasks like this. In this case, consider some of the newer “hybrid” or “flat-fee” property management services we have beendiscussing latelysuch asMarbleorHemlane. Both offer services where landlords can outsource some or all of their least favorite tasks, while still maintaining control over their rentals.

How much does a Zillow Premium rental listing cost?

A Zillow Premium rental listing costs a flat fee of $29.99, which gets you up to 90 days of elevated exposure for vacancy.

Is Zillow Premium rental worth it?

Zillow premium rental listings offer enhanced features for landlords and property managers, such as increased visibility, exclusive search placement, and enhanced listing analytics. However, whether you should be using it depends on your specific needs, budget, and the local rental market.

Why should I consider listing on Zillow?

Listing on Zillow provides wide exposure for your rental property, reaching a larget audience of potential tenants actively searching for homes. It’s a widely-used platform that can enhance your property’s visibility.

Takeaway

Zillow has been a leading real estate platform – if not the best rental listing site – in the US for some time. However, the new Zillow Rental Manager costs for each listing might lead landlords to look at other top rental listing sites for their listing and advertising services. Landlords can find that some of the other alternativesto Zillow offer more comprehensive services at a lower cost or even for free. Ultimately, we recommend that rental property owners and managers considering whether to list a rental on Zillow should carefully think about their own priorities and look for the products and services that are best suited for them.

Rental Property Management Software

For many landlords the right property management software can help you efficiently run your small business. We have evaluated some of today’s top software products to uncover their key benefits. Let us help you find landlord software that is best suited for your needs. Whether you are looking for tools to help collect rent, screen tenants, list your rental, automate your record keeping, or other property management tasks, we can find a product for you:

Find Your Software

Disclosure: Some of the links in this post are affiliate links and Landlord Gurus may earn a commission. Our mission remains to provide valuable resources and information that helps landlords manage their rental properties efficiently and profitably. We link to these companies and their products because of their quality, not because of the commission.

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Is Listing Your Rental on Zillow Worth It? Zillow Cost & Benefits (2024)
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