MyRental provides comprehensive tenant screening solutions to landlords, property managers, and real estate agents, allowing them to identify the best tenant applicants. It offers credit reports, eviction history, criminal searches, and a free online rental application, among others. Its one-time fee pricing starts at $7.99. It is best for those who are looking for affordable screening options.
MyRental Pros and Cons
Has a free online rental application
No user reviews available online
Provides proprietary SafeRent™ Score (a score that shows if a tenant is capable of fulfilling a lease obligation)
Does not have a Fair Credit Reporting Act (FCRA)-certified tenant screener
Offers a la carte report options
Who MyRental Is Best For
- Landlords, property managers, and real estate agents who need an affordable screening service: Aside from offering affordable packages, MyRental also provides individual reports for those who do not need multiple screening services.
MyRental offers two paid packages: Basic ($19.99/applicant), and Premium ($29.99/applicant). The main differences between the packages are the types of reports that can be requested and premium inclusions, such as landlord acceptance rate, tenant score comparison by location, and more. They also provide individual report options with fees ranging from $7.99 to $19.99.
A La Carte
Starting at $7.99
Multistate Criminal Search
Previous Address History
Landlord Acceptance Rate
*SafeRent™ Score is a three-digit number that enables you to assess risk and predict the possibility of lease default. It shows the accept or decline percentages by other landlords in the same region for applicants that have the same score.
MyRental Alternatives 2020
Tenant Screening Services
Landlords, property managers, and real estate agents who need help in Interpreting screening reports by certified screeners
$7.99 to $34.99
Those who need flexibility to choose from an a la carte menu
$18.95 to $35
Those who prefer an all-in-one platform to market rental listings on the site
$10 to $57
Those looking for scored reports rather than credit reports that include recommendations
$10 to $35
Users who want screening directly from a credit bureau (TransUnion)
$25 to $40
MyRental provides features and reports that are necessary for those who are screening tenants to identify the top applicants. Below are some of its most essential offerings.
Free Online Rental Application
Accessible on any device, this helps prospective tenants to submit a rental application easily using any device. It requires them to provide the following information:
- Number of occupants, including adults, children, and pets
- Name and contact information of applicants
- Income and employment history
- Address history
- Preferred move-in date and lease term
Depending on the type of screening report you request or the package you purchase, you can receive information about the applicant’s eviction history, previous address history, credit report, and SafeRent™ score as well as criminal and sex offense records. MyRental also does terrorist checks. Below is a sample of a part of the report you can get from the Premium package.
Lease Default Prediction
Similar to how a credit score can help lenders identify the capacity of a borrower to pay, MyRental’s SafeRent™ Score can help you mitigate risk by providing you an assessment of the tenant’s likelihood to fulfill a lease obligation.
MyRental generates a three-digit score―between 200 to 800―using inquiry, credit, and eviction data to determine the potential risk of an applicant compared to others. The higher the score is, the less likely it is for the applicant to default.
Summary of MyRental Reviews
As of the date that this article was written (April 23, 2020), there are no MyRental reviews available online. If you are a past or current MyRental customer, we encourage you to leave a review to help other business owners who are deciding whether or not to use the service.
MyRental Frequently Asked Questions (FAQs)
Can the landlords have the prospective tenants pay for the screening?
MyRental allows prospective tenants to pay for screening fees for the Premium package via debit or credit card.
How soon can I receive a credit report requested through MyRental?
Once you order a credit report, the applicant will receive an email to grant you permission to share their credit information with you. The applicant will have to fill out a quick online form to do so. Once done, you will be able to complete your purchase. On your dashboard, you can then view your applicant’s full credit report and score via the Applicant’s Details tab.
As a landlord, do I need permission to run a background check on a tenant?
Before requesting any consumer background report, landlords and property managers should have written permission from the prospective tenant. The potential tenant should also be given a summary of their rights under the Fair Credit Report Act (FCRA).
Our Top Tenant Screening Services Providers
In case you still aren’t sure if MyRental is right for you, then this article on the best tenant screening services shows you a review of our top choices. In this guide, we looked at a variety of solutions and narrowed our recommendations down based on features and affordability for landlords.