Sell or Rent Your House? How to Decide

By David Parks · eXp Realty · The Apollo Group · 2 min read

The Short Answer

Renting your house can buy time if it does not sell, but it makes you a landlord with legal duties and costs. A strong pricing and marketing plan can make selling work in many cases.

Sell or Rent Your House? How to Decide
Illustration by David Parks

Why some sellers are renting instead

Parcl reported that around 9 percent of homes for rent were previously listed for sale. Zillow’s senior economist has said that with bargaining power tilting toward buyers, renting out a property is one way to buy time rather than compete on price.

It depends on the market

The share of “accidental landlords” varies a lot. Parcl found they made up about 17 percent of rentals in places like Sherman and Houston, Texas, but under 4 percent in markets like Des Moines and Bloomington. Your local market, price, and strategy all matter.

Share of rentals that were previously listed for sale, by market (Parcl)
Graphic: Keeping Current Matters

What being a landlord involves

You would handle missed rent, damage between tenants, repairs, and legal requirements such as licensing, disclosures, and safety standards. Bankrate notes that landlord insurance typically costs about 25 percent more than a standard homeowners policy, management fees are often around 10 percent of rent, and you pay the mortgage during vacancies.

Quick Poll

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How to compare

Ask your agent for the expected sale price and net proceeds, and for realistic rent and expenses. Compare timing, risk, and your goals. Check local rental license rules, which exist in some Colorado cities.

Takeaway

Renting is a legitimate choice for the right owner, but it should not be a fallback for an overpriced listing. A free home valuation is a good first step.

Sources and dates

Parcl, Zillow, and Bankrate, as reported in October 2026.

Key Takeaways
  • Why some sellers are renting instead: Parcl reported that around 9 percent of homes for rent were previously listed for sale.
  • It depends on the market: The share of “accidental landlords” varies a lot.
  • What being a landlord involves: You would handle missed rent, damage between tenants, repairs, and legal requirements such as licensing, disclosures, and safety standards.
  • How to compare: Ask your agent for the expected sale price and net proceeds, and for realistic rent and expenses.

This article is general information, not legal, tax, financial or inspection advice. Every home and situation is different, so confirm details with a licensed inspector, lender, attorney or tax professional.

David Parks
About David Parks

David is a Greater Denver real estate advisor with eXp Realty and The Apollo Group (Colorado broker license FA100103211). He has closed more than $55 million in volume, earned eXp Icon status in 2025, and holds a 5.0 rating on Zillow from 27 verified reviews.

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