Neighborhood Rental Information

I have a new website obsession and it's called Zilpy. Zilpy is like a hybrid of Zip Skinny and Zillow, but specifically geared toward renters and investors. According to their website:

Zilpy is a free online rental market facts and analysis service dedicated to help you make better rental and investment decisions.

We do exactly what you would do if you had to do the analysis yourself – collect data from all available sources (newspaper classifieds, online classifieds, apartment rentals, etc.) and filter the data based on your criteria (proximity, property type, crime rate, population, income, etc). We do all this heavy lifting for you so that you can concentrate on your real goal: find the right rental property.

Zilpy also answers to the following questions:

• - Where are the cheapest 2 bedroom Condos or Townhouses?
• - How much rent can I get at this specific address?
• - What is the rental trend in a specific area, can I see heat maps?
• - What is the demographic structure (population, age, income) of a specific rental area?

Enter a potential rental address in Zilpy and you'll get a Google map showing other nearby rental properties, complete with their current rents and amenities.; comparable rental properties in the area; and a suggested potential rent for the subject property. You'll also get other information for the area, such as average renter occupancy, vacancy rates and monthly rent affordability. In addition, Zilpy will pull census information for the area, a la Zip Skinny.

While it's not perfect, Zilpy seems like a good tool for both renters and potential landlords. It's also a good way to see how many rentals are in an area you're thinking about moving to.

Out of curiosity, I entered my home address in Kingston Park and was told that I could rent it for $1,425 - anybody looking for a place to live?