📘 1000 Side Hustle Ideas Home ← Sharing & Rental Economy ← Parking Space Rental
HUSTLE #626 7.3 Parking Space Rental

Offer Reserved Parking for Apartment Tenants Without Spots

💰 Startup Cost $0-25
⏰ Time/wk 0.5-1 hr
📊 Difficulty ★★☆☆☆
🏆 1st Month $ $100-300
💵 Monthly Range $150-500
⏱ First $ In 1-2 weeks
Nextdoor for neighborhood reach. Facebook neighborhood groups. Apartment community bulletin boards.
Many apartment buildings have more tenants than parking spots. If you live near a large apartment complex and have an extra parking space, you have a built-in customer base. Post flyers in the apartment building laundry room or lobby advertising monthly parking. Tenants will gladly pay $50-150 per month to avoid street parking hassles, parking tickets, and winter snow bans. One flyer campaign can secure a renter within days, after which your work is essentially done.
🚀 First Step
Design a simple flyer with a photo of your parking spot and post it on the bulletin boards of the 3 nearest apartment complexes.
  • Price your spot $10-20 below the apartment complex's official parking fee — tenants check that price first and will see your savings immediately
  • Offer contactless monthly payment via Venmo or Zelle — renters appreciate the simplicity and you get paid on time every month
  • Include 'safe, well-lit, and off-street' in your listing description — safety is the emotional driver that converts lookers into renters
🛠 Tools & Resources: Canva for flyers, Nextdoor, Venmo, Zelle, printer, apartment complex locator, Ring doorbell