Let’s get real. If you’ve got a guest room collecting dust or a parking spot you never use, you’re sitting on easy money.
Whether it’s Airbnb, Vrbo, or a newer platform like Neighbor.com (where you can rent out garage or storage space), people are out here making hundreds—even thousands—a month. No need for a side hustle with a steep learning curve. Just rent out what you already have.
Why This Works — and Why Now
Inflation’s no joke, and people are looking for cheaper alternatives to hotels. That’s where short-term rental platforms step in. According to Airbnb’s latest report, more than half of new hosts say they use income from hosting to cover living expenses. And it makes sense. Renting out a spare bedroom, a basement, or even just a pull-out couch in the living room has become the modern way to keep up with bills—or stack some savings.
What Can You Rent? More Than You Think
People are creative, and so are the platforms. Here’s a breakdown:
Spare Room or Guest Suite
Platforms: Airbnb, Vrbo
You don’t need a fancy setup. Clean bedding, a lock on the door, and decent photos? You’re golden. Want to go premium? Add a coffee maker, Wi-Fi, and towels.
Your Couch
Yep, people do this. Especially in urban areas with expensive hotels. Airbnb has a shared space option for hosts who live on-site. Great for travelers on a budget.
Parking Space
Platforms: SpotHero, JustPark, or even Craigslist
If you live in a city or near an event venue, people will pay to park in your driveway. Easy money, zero effort.
Garage or Storage Space
Platform: Neighbor.com
You can rent out half a garage, a shed, or even a closet. People just need a place to stash things they don’t use every day—like bikes, boxes, or business inventory. Neighbor even insures your stuff up to $1 million.
How Much Can You Really Make?
Let’s break it down based on averages from actual hosts:
| Space Type | Estimated Monthly Income |
|---|---|
| Spare Room | $700 – $1,500 |
| Couch (shared space) | $300 – $600 |
| Parking Spot | $100 – $300 |
| Garage/Storage | $100 – $400 |
Your location, the season, and how often you rent it out all play a role. If you live near a college, tourist zone, or downtown? You’re in luck.
Getting Started: A Quick How-To
Step 1: Choose Your Platform
- Use Airbnb or Vrbo for rooms or full home rentals.
- Try Neighbor.com for garage and storage space.
Step 2: Take Killer Photos
Your phone is enough. Natural light, clean space, and a few angles. You don’t need to lie—just make it look welcoming.
Step 3: Write a Simple, Clear Description
Be honest. Say what the space is, what’s included (Wi-Fi, towels, A/C), and what’s nearby.
Step 4: Set Your Price Smart
Use the platform’s suggested pricing tool. Start a little low to get your first few bookings and reviews.
Step 5: Communicate & Stay Clean
Good reviews = more bookings. Be responsive, and keep your space tidy. That’s it.
Tips from Hosts Who’ve Done It
- “Start small.” – Don’t go full renovation mode. Start with what you’ve got.
- “Automate check-ins.” – Use a lockbox or smart lock so guests can come and go easily.
- “Ask for reviews.” – A polite nudge goes a long way after a good stay.
related post: Top Passive Income Ideas You Can Start This Weekend
Final Thoughts: This Isn’t Just for Landlords
You don’t need to be a property owner or a full-time host. You just need a bit of extra space and the willingness to try.
With so many options—rooms, garages, parking spots—you’re not limited to hospitality. You’re just helping people find what they need, while you get paid for space that would’ve sat empty.
AMP-Friendly Tip:
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Want help crafting your listing or optimizing your Airbnb profile? Just drop me a message. I’ve helped dozens of people write room descriptions that actually convert.
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