For hosts
CoRent vs. PadSplit: what hosts pay
Same house, same rooms, same rent. The difference is what comes out before the money reaches you.
| Fee | PadSplit | CoRent |
|---|---|---|
| Platform fee | 8% of rent | 5% of rent |
| Booking fee on each new member | First 10 days of rent | None |
| Transaction fee | Paid by tenant | Paid by tenant |
PadSplit terms reflect its current host tier as of October 2026, as used in our host calculator.
Below is the same calculator from our host page. Enter your own rent, rooms and move-ins to see the monthly and yearly difference for your house.
Traditional rental vs. CoRent
Rent the same house by the room instead of as one unit. More bedrooms, more rent, and on CoRent you keep 95% of it. The house below nets 3.3× as much on CoRent — $2,012 more every month — than as a traditional rental.
Before
$1,650
Monthly rent
4 bed 3 bath
After
$4,550
Monthly rent on CoRent
7 bed 3 bath
Furnished the rooms and upgraded the common areas? Let tenants share the utilities.
Turn on shared utilities for a house and each tenant pays their share of electricity, water, gas and internet in the CoRent app, on top of rent. Your utility bill stops coming out of your income.
Income breakdown
| Traditional rental* | PadSplit | CoRent | |
|---|---|---|---|
| Monthly rent | $1,650 | $4,550 | $4,550 |
| Platform fee | $0 | $364 | $228 |
| Booking fees (first 10 days per new member) | $0 | $187 | $0 |
| Transaction fee (paid by tenant) | $0 | $0 | $0 |
| Property management fee | $165 | $364 | $0 — you manage in CoRent |
| Utilities | $0 | $550 | $550 |
| Repairs and maintenance | $125 | $300 | $300 |
| Taxes and insurance | $500 | $500 | $500 |
| Room turns (cleaning) | $0 | $66 | $66 |
| Bank fees you cover (100% of renters paying monthly by bank) | $0 | $0 | $35 |
| Net operating income | $860 | $2,219 | $2,872 |
vs. traditional rental
+$2,012/mo
vs. the same rooms on PadSplit
+$652/mo
vs. PadSplit, per year
+$7,830
Change the cost assumptions
*Assumed amounts for an example house — enter your own. PadSplit terms reflect its current host tier as of October 2026. Booking fees and room turns use 1.5 move-ins per room per year.
Move your rooms to CoRent
- Keep 95% of your rent — no booking fees
- Already listed somewhere else? Our team imports your listings
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