Generally, you can get away with paying between 0.8% and 1.1% of the home’s value for a lease. So, if your home is worth $250,000, the rent should be around $2,000 to $2,750 per month. On the other hand, if your house is worth $100,000, the rent should be less than 1%. This way, you … Continue reading Extending a Lease on a House