Online reality check for rental prices

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Home buyers typically have relatively easy access to a wealth of information on house prices in an area—even by text message, as with HouseFront, which we featured recently—but for renters, such comparative data can be harder to come by. Now Rentometer offers a map-based tool to shine a light on rent prices by neighbourhood. Rentometer was launched by Massachusetts-based Investment Instruments' iiProperties site about a year ago to give property managers a way to calibrate the rents they charge, but it may be even more useful for consumers. Users simply enter the rental address, monthly rent, number of bedrooms and…

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