5 Apartment Rental Business Success Stories [2024]

Pat Walls

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Updated: November 19th, 2023

Start An Apartment Rental Business

An apartment is a private residence divided into several separate dwellings. If you are interested in starting an accommodation and housing-related business, apartment rental can be a good fit. Your target customers can be business executives, dignitaries, travelers, etc.

To start your business, look for a strategic location and build or buy a ready property. When purchasing an apartment, you may need to renovate the property to be suitable for rental.

Here are some real life success stories of starting a apartment rental business:

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Starting An Apartment Rental Business: Everything You Need To Know

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2. RENTCafe

Browse apartments and houses for rent, check prices, view property details, find the perfect place and submit your rental application with RENTCafé.

Where they're located: Debub Region, Eritrea
Website traffic: 8.96M/month

So... can you actually make money with a apartment rental business?

Of course. There are millions to be made in this industry.

But how?

Research real, profitable businesses and see exactly how much money they make.
Study exactly what works, and what doesn’t.
Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

4. hotpads

Where they're located: Birmingham, Alabama, United States
Website traffic: 10M/month

5. PadMapper

Find the perfect rental on PadMapper, with over one million apartments, condos, houses, and sublets for rent from many different websites. Bedroom, bathroom, and rent filters make it easy to narrow down thousands of apartments to find your perfect home.

Website traffic: 1.3M/month