How do you get started with renting out apartments?
By Olof Kernell • November 27, 2025
Renting out your apartment can be a great way to make use of your home when you are not living in it and to maximize its value. To ensure a profitable rental process, it is important to prepare the property properly, set the right price, follow tax rules and legal requirements, and have the correct insurance in place. In this article, we go through the key steps for renting out your apartment.
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“When renting out your apartment, it is important to have proper insurance in place to protect yourself and your property.”
Prepare your home for renting
Before you begin renting out your apartment, it is important to ensure that it is in good condition and appealing to potential guests. Make sure all necessary repairs are completed and that the property is clean and well maintained. A well-kept apartment increases your chances of finding tenants quickly and helps you achieve a higher rental income.
Create an inviting atmosphere by furnishing the home tastefully and offering expected amenities such as working appliances and access to Wi-Fi. Guestit will take professional photos of the apartment, helping create a strong first impression and attracting more interest.
Set the right rental price with Guestit
Setting the right rental price is important to attract guests and make the most of your rental. With Guestit, you do not have to worry about pricing. Our smart algorithm monitors the market and adjusts the price based on demand, season, and local events. This ensures that your apartment is always priced competitively, increasing the likelihood of quick bookings and maximizing your income.
Legal requirements for renting
When renting out your apartment, it is important to understand the tax rules and legal requirements that apply. In Sweden, income from renting must be declared as capital income, and you are entitled to certain deductions, such as a yearly standard deduction of 40,000 SEK per property. It is also important to follow the rules in the rental law, including those regarding rental contracts and notice periods. Knowing these rules helps you avoid legal issues and ensures a smooth rental process.
Do not forget insurance
When renting out your apartment, it is important to have proper insurance to protect both yourself and your belongings. Your regular home insurance usually does not cover damages that occur during rental, which means you may need an additional insurance or a specific rental insurance.
These insurance options can cover damages caused by tenants or theft. Contact your insurance company to discuss the best alternatives for your situation and ensure that you have proper protection throughout the rental period.
Benefits of short-term rental
Here are some of the main advantages of renting out your apartment short-term:
- Flexibility: You decide when and how long you want to rent it out, perfect if you want to use the home at certain times of the year.
- Higher income: Short-term rentals can often generate more income per night than long-term rentals, especially in areas with high demand.
- Adapted to your needs: Ideal for renting during holidays or business trips without losing access to your home.
- Attractive to tourists and travelers: Many guests prefer homes that feel more personal and comfortable than traditional hotels.
- Possibility to optimize income: With Guestit’s dynamic pricing, you can maximize your rental income throughout the year.
Are you a home owner?
Rent your home with Guestit and start earning today.