Homes for rent by private owner, also known as “private rentals“, are unfurnished or furnished residential properties offered for lease directly by their owners without involving real estate agents or property management companies. An example would be a homeowner renting out their spare room or an entire house when they’re away on business or vacation.
Private rentals play a vital role in the housing market, offering flexibility, affordability, and often a more personal landlord-tenant relationship compared to traditional rentals. Historically, the rise of online platforms and rental listing websites has made it easier for private owners to advertise their properties, increasing the availability and accessibility of this housing option.