How to Rent Part of Your Home (2024)

• Rent parts of your home by the hour – not the night
• Set your rules and start earning an hourly wage
• What can you rent parts of your home for?
• Can you stay at home while guests are using part of your space?
• How much money can I make renting out part of my home?
• The steps to renting part of your home on Peerspace
• A few Peerspace home rental examples to help you out

Wondering how to rent part of your home? It is possible! Renting out your home is one of the most lucrative methods out there to bring in some extra cash.

But if you don’t relish the thought of other people invading your private sanctuaries, you may feel like renting is out of the question. Not to worry, though. You can bring in the extra income from renting without leaving your entire property at the mercy of strangers.

Thanks to Peerspace, you can rent out as much or as little of your home as you want for meetings, productions, events, and more. Here’s how to rent part of your home without the hassle.

Rent parts of your home by the hour – not the night

Let’s face it: renting your home out can be scary. We’ve all heard horror stories about uncourteous guests that leave messes in their wake at private bed and breakfasts. Not everyone wants to share the most intimate areas in their homes with total strangers. You’re definitely not alone if the thought of someone else sleeping in your master bedroom gives you a major “ick” factor. 

Other online home rental services have you transform your home into a hotel, only allowing guests to book by the night. It’s more difficult to rent out only part of your home since guests will need a place to sleep at the end of the day. You’re also responsible for unsavory tasks like changing the sheets.

And if you live in a single-family home, it’s next to impossible to stay in your house while someone else uses your space as a rental. That’s where renting by the hour comes in. 

Looking to rent out your vacation home? Then this guide will be an enormous help to you!

Set your rules and start earning an hourly wage

Instead of renting by the night like other online booking platforms, Peerspace allows hosts to rent out their homes by the hour. As a host, you can set the number of hours guests are allowed to stay on your property. You also set an hourly rate that they will pay to use parts of your home, be it for an event, a meeting, or a production. Restricting parts of your home is easy since you set the rules.

Because guests don’t stay the night when booking on Peerspace, you don’t have to worry about having a bedroom available for your guests. And you don’t have to worry about changing the sheets. Guests on Peerspace are encouraged to leave things exactly as they found them so that clean-up for the host is as minimal as possible. 

You could choose to rent out just one room for a couple of hours or a whole section of your property for the full day. How much or how little you share your space is completely up to you.

Peerspace even offers a $1,000,000 insurance policy for hosts on the off chance that something goes wrong. So you can relax safely and comfortably in your private sanctuaries while your guests have their fun.

What can you rent parts of your home for?

Just about anything! You can rent your space out for business meetings, small get-togethers, workshops, film and video productions, and even more. We encourage you to be creative and think outside the box here.

Rent out your in-ground pool for a party without worrying about someone tracking mud into your living room. Or lease out your drop-dead gorgeous kitchen and living room for photoshoots while keeping your master bedroom locked tight. 

You can set your own rental schedule, too. If you only want to open your doors on the weekends, you can do that. If weekday work gatherings are more your speed, that’s cool, too. Peerspace allows hosts complete control over what kind of event types they want to host and when. You can pick and choose exactly what you want to host during time slots that work for you. 

Can you stay at home while guests are using part of your space?

Of course! One of the biggest benefits of renting your home by the hour is that you don’t have to find another place to stay.

You could choose to rent out only your first floor and keep an eye on your guests from the privacy of your second floor or rent out your chic patio while binging your favorite shows on the living room sofa. It’s your space, so you can decide if you want to be on the property during events or not. 

No one will be staying overnight, so you can sleep in your own bed without having to share it with a stranger. And even though you’re only renting bits and pieces of your home, you can still pocket full-size cash. 

How much money can I make renting out part of my home?

As much as you want! Peerspace allows you to set your own hourly fee for home rentals, so you can charge whatever you think is fair.

Depending on the location and size of your space, you could make anywhere from a few hundred to a few thousand dollars renting out part of your home every month. It’s definitely an excellent side hustle requiring minimal effort.

All you have to do is open your doors! Sound amazing to you?

Next, we share all the details on how to rent part of your home.

Hoping to rent your home out for the movies? We share how to do so with this exciting guide!

The steps to renting part of your home on Peerspace

Ready to start hosting? We’re happy to hear it! Creating a Peerspace listing is a quick process, so don’t let the thought of it overwhelm you.

Simply follow these steps to list part of your home for rent on Peerspace:

• Head to our hosting page and click “start hosting for free”
• Follow the link to create your listing. You’ll need to tell us about your property and whether you want to host productions, events, or meetings (or all three if you like)
• Upload 4 to 10 photos of the parts of your home you want guests to rent. The more pictures, the better, with professional photos shot by a photographer ideal.
• You can then set your own price or ask Peerspace to recommend a price based on your space’s location, size, style, etc.
• You can also request a chat with a Peerspace consultant to have them evaluate your listing and make any recommendations. This is also totally optional!
• Submit your listing and wait for approval. Once we check it out and approve the listing, we’ll let you know that it’s ready to go live.
• Once your listing is live, sit back, relax, and start fielding those rental requests!

Check out existing Peerspace home listings by clicking any of the links on this page. Or do your own Peerspace search to see how others may potentially find your space!

Browse through listings, check out photos, and read reviews from past renters of these other spaces to get a better idea of how Peerspace users utilize home spaces. You can also get a better understanding of what renters like and do not like about comparable spaces.

You can also check out the listings we share in the next section if you want to view Peerspace homes in cities across the globe.

Want to be the host with the most and rent out your space for private gatherings? Then you need to see our guide on how to rent your home out for a party!

A few Peerspace home rental examples to help you out

Want to check out a few popular home rentals on Peerspace to help you perfect your own home listing? Great idea! You can review these listing pages to see what parts of their home the hosts highlight, the types of photos they upload, their price range, and what reviews share.

Use these listings to guide your home’s Peerspace page:

• This large detached house in Manchester, UK (pictured above) has a listing that shares the home’s layout, professional photos, what it’s suitable for, and an invite for potential guests to message to learn more.
• This quaint natural cedar Shake home in Bellerose, NY’s listing highlights its fairytale-like appearance, the style of its interior and exterior spaces, and its convenient location to NYC.
• This bright modern row house in Washington, D.C. has a listing that describes the home’s aesthetic, what spaces are available to renters, and a list of its features and uses.
• This beautiful, cozy, and charming home in Toronto, Ontario with a listing that shares professional photos, a lengthy description of its rooms, and what the home is available for.
• This La Jolla stunning retreat home in San Diego, CA has a listing page that is descriptive and irresistible to renters since it shares its beach proximity, decor style, and the events and projects it’s best for.
• This light-filled Park Cities home in Dallas, TX boasts beautiful photos and describes how it’s a two-level home that limits access to certain spaces.

Hopefully, these examples have you excited to craft your own Peerspace listing page for your home! What makes a great Peerspace listing is clear information and professional photos. Hire a professional to shoot the parts of your home that you want to rent out and then be clear on your listing page what spaces renters will have access to. When you wonder how to rent part of your home, know that Peerspace makes it easy for you.

How to rent part of your home on Peerspace: conclusion

With Peerspace, it’s free to sign up and free to post new listings. Just snap some gorgeous pics of your space, write an appealing description, categorize your listing, and go live for the world to see. You can select the square footage available for rent during the listing process, so guests will know exactly how much of your home they can use.

Just make sure to clarify in your host rules which parts of your house are free for guests’ use and which parts are off-limits. You can always lock doors to keep any curious souls out of your most private rooms. 

Check out our host guidelines for tips on how to create a winning listing that will stand out from the crowd. We encourage our hosts to market their spaces in unique and creative ways. Who knows, your guests may even surprise you with the innovative ways they use your space! 

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