What is a property rental app?
A property rental application is a web or mobile app that enables users to search for and book properties to rent. The app may include options for users to request price quotes, submit bids, and set up weekly reminders before the end of their rental agreement. Property owners can use the app to manage available rentals on their property listing page.
Property rental apps are very similar to real estate apps, which in turn are similar to various other home and business management apps. HomeAway, Airbnb, and Rentals.com are popular property rental apps.
Examples of property rental apps built with Crowdbotics:
- A payment portal for landlords.
What is the typical cost to build a property rental app?
A property rental app usually costs about $37,500 to build. However, the total cost can be as low as $25,000 or as high as $50,000. A property rental app with a low number of features (also known as a minimum viable product, or MVP) will be more affordable than an app that includes all intended functionality.
For example, here are some previous property rental app price quotes from Crowdbotics:
How long does it take to build a property rental app?
A property rental app usually takes 233 hours to build. However, a property rental app can be built in as few as 200 hours, or in as many as 267 hours. The exact timeline mostly depends on how complicated your specific app is. As a general rule, it will take longer if you require highly custom designs, niche features, complex logic, or non-standard release platforms.
For example, some previous property rental apps build with Crowdbotics received the following hourly estimates:
Not seeing what you’re looking for?
Crowdbotics has quoted and built hundreds of applications for teams of all sizes. Browse our historical estimates by industry and app type to understand possible costs and considerations.
How to successfully grow your property rental application
A property rental app must be able to demonstrate that it can provide an excellent user experience. The user experience includes both the seamless process of finding a property and the ability to create a high-quality listing that matches the needs of the property owner. Property rental apps should also provide incentives for users to share their listing with friends and family, such as discounts for new user referrals.
Risks and challenges of building a property rental application
A property rental app faces risks associated with fraudulent booking, safety issues, and logistical hurdles related to the coordination of rentals. Many cities have specific regulations that apply to short-term rental properties, and you should familiarize yourself with local laws before proceeding. It is recommended that you provide a mechanism for users to submit complaints related to dangerous or fraudulent bookings in your app.
