How Much Should I Rent My Parking Space For

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“Did you know you can make money just by renting out your home’s parking space?” 

Jim asked as a black SUV pulled into his garage. A man in a black cap, looking oddly like a young Ted Bundy, got out, barely glanced around, and left without saying hello. 

This left him feeling uneasy. He started to wonder if there were safer, easier ways to make some extra income, without putting his privacy at risk.

Curious to help Jim find better options, I began researching different ways to make passive income. One question that came up was, 

“How much should I rent my parking space for?” 

Here are a few other ideas I explored for Jim, to make money securely and safely. 

Top 9 Apps to Help You Rent Out Your Parking Space

1. Neighbor

Neighbor began as a peer-to-peer storage platform designed to connect people with unused spaces to those needing storage. The idea was simple: many people have extra space sitting idle, while others pay high prices for traditional storage units. 

Neighbor quickly expanded beyond storage units to include parking spaces, and now people across the U.S. use the platform to rent out their driveways, garages, and other parking areas. 

With its affordability for renters and earning potential for hosts, the app has gained significant popularity. For those wondering, “How much should I rent my parking space for?” Neighbor provides insights and guidance to help hosts set competitive rates.

Where is the App Available?

The Neighbor app is available on both iOS and Android platforms, as well as through a web-based portal. Here’s what users think about the app:

How Much Can You Earn Through the Neighbor?

Here’s the pricing for Neighbor: 

Storage Unit SizePrice Range (Per Month)
5′ x 5′$50 – $75
5′ x 10′$90 – $130
10′ x 10′$130 – $200
10′ x 15′$190 – $250
10′ x 20′$225 – $300
10′ x 25′$275 – $375
10′ x 30′$350 – $500
20′ x 20′$450 – $600

2. CurbFlip


CurbFlip set out to help people monetize their unused parking spaces by connecting them with those seeking convenient parking options. Established by a team with expertise in technology and real estate, CurbFlip quickly gained popularity for its emphasis on flexibility and user convenience. 

The platform enables users to rent out spaces either temporarily or on a long-term basis, making it especially valuable in busy urban areas where parking is limited. CurbFlip’s mission is to ease parking challenges for drivers while providing hosts with a reliable income source, guiding them on how much they should rent their parking space for.

Where Is the App Available

CurbFlip is available as a web application and can be accessed via mobile or desktop. While it doesn’t currently have a dedicated mobile app.

How Much Can You Earn Through CurbFlip

On average, CurbFlip hosts earn between $50 and $200 per month depending on location and type of space. In high-demand city centers, hosts may see earnings as high as $400 per month for well-located or secure spots. 

3. ParkWhiz

Founded in 2006, ParkWhiz is one of the early innovators in the parking industry, providing a platform where users can find, reserve, and pay for parking spaces in advance. ParkWhiz was developed to address the frustrating experience of finding parking, especially in busy urban areas. 

Originally launched in Chicago, the company has expanded its services to numerous cities across the United States, partnering with parking facilities, venues, and private owners. ParkWhiz enables users to search and book parking through its app, which saves time and money.

Where Is the App Available?

The ParkWhiz app is available on iOS and Android, as well as through its website. Here’s what users think about the ParkWhiz

How Much Can You Earn Through ParkWhiz

ParkWhiz hosts can typically earn between $10 and $50 per day, depending on location and demand. For special events or busy urban areas, prices can increase significantly, and hosts may see earnings of over $100 on event days. 

4. SpotHero

SpotHero, founded in 2011 in Chicago, was created to solve the challenges of urban parking by offering a digital solution that connects drivers with available parking spaces. The app partners with parking facilities and private owners to list available spaces, and drivers can use the app to pre-book spots. 

SpotHero is especially popular in major cities where parking is scarce. SpotHero continues to expand, aiming to make parking stress-free and to help hosts earn income by renting out their spaces.

Where Is the App Available

SpotHero is available on iOS, Android, and the web, with users across the U.S. and Canada. Here’s what users think about SpotHero:

How Much Can You Earn Through SpotHero

Hosts on SpotHero can earn between $10 and $100 per day, depending on location, size of space, and demand. For city centers, event areas, or high-demand neighborhoods, earnings can reach $500 or more per month. 

5. WhereiPark


WhereiPark was founded in 2014 to address the growing need for monthly parking solutions in urban areas. The company connects individuals and businesses with available parking spaces, offering a platform that simplifies the process of finding and renting monthly parking. 

The platform caters to a variety of users, including commuters, residents, and businesses seeking convenient parking options. By focusing on monthly rentals, WhereiPark aims to offer more stable and long-term parking solutions compared to daily or hourly parking services.

Where Is the App Available

WhereiPark operates in major cities across the United States and Canada, including Los Angeles, Seattle, Toronto, and Vancouver. The platform is accessible through its website, which is optimized for mobile use, though it does not have a dedicated mobile app. 

How Much Can I Earn Through WhereiPark

Earnings through WhereiPark vary based on location, type of space, and demand. In urban centers, hosts can earn between $100 to $300 per month for a standard parking spot. Premium locations or covered parking spaces may command higher rates, potentially reaching up to $500 per month. 

6. AirGarage

AirGarage began by helping churches and small businesses monetize their unused parking spaces during off-peak hours. Over time, AirGarage expanded its services to provide full-service parking management solutions, including payment processing, enforcement, and dynamic pricing. 

The platform utilizes technology to streamline operations and maximize revenue for property owners. AirGarage’s mission is to transform underutilized parking assets into profitable ventures while improving the parking experience for drivers. 

Where Is the App Available

AirGarage operates in multiple cities across the United States, including San Francisco, Los Angeles, and Philadelphia. The platform is accessible through its website, which is mobile-friendly, though it does not have a dedicated mobile app. 

How Much Can I Earn Through AirGarage

Earnings with AirGarage depend on factors such as location, size of the parking facility, and demand. Property owners can see a significant increase in revenue due to AirGarage’s dynamic pricing and efficient management.

7. Vanly

Vanly serves as a marketplace connecting property owners willing to share their parking spaces and amenities with van and RV travelers seeking safe overnight parking. Vanly aims to bridge the gap between the idealized portrayal of van life and its reality by providing accessible and sustainable parking solutions. This platform emphasizes values such as genuineness, fun, friendliness, inclusiveness, and wanderlust.

Where Is the App Available

Vanly operates across the United States, offering listings for private parking spaces in all 50 states. The platform is accessible through its website, which is optimized for mobile use, though it does not have a dedicated mobile app.

How Much Can I Earn Through Vanly

Earnings through Vanly vary based on location, type of space, and amenities offered. Hosts set their own prices, typically ranging from $10 to $50 per night. Spaces offering additional amenities such as showers, Wi-Fi, or laundry facilities can command higher rates. This may amount to $1000/month in some cases. 

8. Parkify

Parkify is a platform that allows individuals to rent out their unused parking spaces to drivers seeking convenient parking options. The company aims to alleviate parking challenges in urban areas by connecting space owners with those in need of parking. 

Parkify offers a user-friendly interface for listing and booking parking spaces, providing a seamless experience for both hosts and drivers. The platform caters to various parking needs, including daily, monthly, and event-based parking. 

Where Is the App Available

Parkify operates in several major cities across the United States and Canada. The platform is accessible through its website, which is optimized for mobile use, though it does not have a dedicated mobile app. 

How Much Can I Earn Through Parkify

Earnings through Parkify depend on factors such as location, type of space, and demand. In urban centers, hosts can earn between $50 to $200 per month for a standard parking spot. Premium locations or covered parking spaces may command higher rates, potentially reaching up to $500 per month. 

9. UrParking

UrParking is a Canadian-based platform that connects individuals with unused parking spaces to drivers seeking convenient parking solutions. The company aims to alleviate parking challenges in urban areas by utilizing underused private parking spots. 

UrParking offers a user-friendly app that allows hosts to list their parking spaces and drivers to find and reserve spots easily. The platform emphasizes security and transparency, ensuring safe transactions and positive experiences for both hosts and drivers. By optimizing existing parking infrastructure, UrParking seeks to reduce congestion. and improve the overall parking experience in cities. 

Where Is the App Available

The UrParking app is available for download on both iOS and Android devices. Here’s what users think about the app:

  • iOS: 5/5 (However, it only has 1 review)

How much can I earn through UrParking

Earnings through UrParking vary based on location, type of space, and demand. In urban centers, hosts can earn between $50 to $200 per month for a standard parking spot. 

Premium locations or covered parking spaces may command higher rates, potentially reaching up to $500 per month. 

What to Consider Before Renting Out Your Parking Space

Here are some key aspects to consider before creating an account and deciding how much you should rent your parking space for: 

  • An available parking space to list.
  • Ability to provide accurate details and photos of the space.
  • Access to a smartphone or computer to manage listings and bookings.
  • Adherence to local guidelines and HOA policies.

Why Renting Your Parking Space is Problematic

With the above platforms, people can rent out their parking spaces to earn extra money. However, there’s a common downside: these apps typically take a 5% to 10% cut from each user’s earnings. 

For example, if Jim makes around $350 from renting his space, an app like Neighbor would take a host fee of 4.9% of all payments, plus an additional $0.30 per transaction. After these deductions, Jim would actually receive about $332. This is what Jim had in mind when he first signed up on the platform.

Another drawback is that many of these platforms are only accessible on websites and don’t have mobile apps. This can limit convenience and accessibility, as users might miss potential opportunities if they don’t have immediate access through their phones.

Passive App: Alternative to Renting Parking Spaces

Due to the above reasons, I recommended Jim to use Passive App. It’s a great choice to make money on the side without having to see someone else park in your garage every day. Passive works with well-known businesses around the world that use the platform to gather public data from the web. With the Passive App, you can earn up to $55/month. The app is available to download on iOS, Android and Windows. 

The app does not access or collect any personal information from users, except for their email address used during registration and their IP address.

Passive App is recognized for safe use by the following: 

  • Avast
  • Kaspersky
  • McAfee
  • Microsoft Defender

Where Is the App Available

Passive App is available on Android, iOS, and PC, so it’s easy to get started from almost any device.

Earn Up to $50/month!

Start earning passively today.

How Much Can You Earn with Passive App?

For Passive App, all Jim would need to do is share his internet, and voila…he can pay up to $50/month and maybe more depending on the following factors: 

  • Location
  • Amount of Residential IPs
  • Internet Connection

..and if Jim refers his wife to install and use the app, he would get 10% of all her earnings. 
and break free from managing your home’s parking space as a source of income.

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