Overall Rating


Neighbor is a self-storage alternative that helps homeowners make passive income by renting out extra space, like a closet, spare bedroom, attic space, and more. You list your space, set your price, and collect monthly rent through the Neighbor app. There are no startup costs required for this source of passive income, making it an ideal option for many types of people.

  • Side hustlers
  • Homeowners
  • Earning passive income
  • Passive source of income
  • Make money with unused space
  • Hosts have the final say
  • Easy-to-use platform
  • Not yet widely available
  • Must let strangers into your space

If you’ve got some extra space in your home and want to start a passive side hustle, Neighbor is a legit solution that connects owners with renters looking for storage solutions. This quick Neighbor review is going to explain how to start renting your space on Neighbor, how much you can expect to make, and why it might be worth your time.

Let’s dive in!

What Is Neighbor?

Neighbor is a peer-to-peer storage platform where you can rent out any kind of storage space in your home or any physical building you own. For example, if you own an office building or storage unit, you can list it on Neighbor.

Neighbor The Cheaper, Closer & Safer Storage Marketplace

The concept disrupts conventional storage solutions by reducing the costs for renters and allowing owners to make extra money with any unused space.

What Kinds of Spaces Can You List on Neighbor?

Short answer: almost anything! The longer answer is that Neighbor requires that you own the space you’re renting out, which can include:

  • Garage
  • Basement
  • Bedroom
  • Shed
  • Warehouse
  • Closet
  • Attic

Renters find your space based on their storage needs. For example, your extra bedroom would be an appealing option for a recent college graduate who is looking for a place to store their stuff while they find an apartment.

I did a quick search for storage spaces where I live in Houston, TX, and found listings for closets, bedrooms, garages, and more. 

Top 50 Cheapest Storage Units near Houston, TX Neighbor

How Much Can You Make With Neighbor?

Owners are in control of how much to charge for their extra space. It needs to be a good arrangement for it to be worthwhile. You can keep your rates competitive by browsing through local listings to see what others in your area are charging for similar spaces.

To give you an idea of the range you can earn with Neighbor, here’s what I found when looking at listings near me in Houston, TX:

  • Bedroom $36 to $140/month
  • Closet $13 to $153/month
  • Garage $125 to $330/month
  • Self-Storage Unit $21 to $80/month

The amount you can charge will vary based on where you’re located, and people living in an high cost of living area can typically charge more.

Does It Cost Anything to List Space on Neighbor?

It’s 100% free to list your space on Neighbor, but they do charge a small processing fee of 4.9% of the total reservation plus $0.30 per payout to cover the cost of automated payments and Neighbor’s Payout Protection.

Is It Safe to Rent Out Your Space on Neighbor?

Good question! Safety is imperative to Neighbor’s business model, and they want to protect both renters and owners. 

Here’s what you need to know about Neighbor’s safety policy:

  • The storage space owner is allowed to inspect anything the renter plans to store and can reject any offer.
  • There’s a restricted list of items, including firearms, fireworks, dangerous chemicals, waste, animals, and more.
  • Neighbor protects hosts with its $1,000,000 Host Guarantee to cover any personal liability. 
  • Neighbor’s customer service representatives are available for live chat or phone calls during business hours if you ever have a concern. 
  • All payments are processed through the secure payment gateway Stripe.

How To Get Started With Neighbor

Here’s how you can list your space and make extra money with Neighbor:

Step 1: Go to Neighbor.com, and hit the “Become a Host” button on the top right.

Step 2: Enter your sign-in information (name, email address, password, and phone number). 

Step 3: Answer a short series of questions about your space. You’ll be asked about size, address, how often renters will be able to access their storage space, and what kinds of features your space offers.

Here’s an example of a space in my area, and you can see a nice clean space, plus information about accessibility:

13×11 Bedroom for rent Houston, Texas $100month Neighbor

Step 4: Neighbor will recommend a prize for the size, location, and type of space, and they’ll also recommend offering a discount for the first month. This is helpful for first-time renters who don’t have any reviews yet.

Step 5: Verify your identity and enter payment information. Again, it’s free to list on Neighbor, but there is a 4.9% fee plus $0.30.

Step 6: Prospective renters will respond to your listing, and you can approve or reject them at your discretion. You should ask questions about what they’ll be storing, and you can even meet up in person before agreeing. They’ll probably want to meet you just as much as you’re interested in meeting them.

All communications can happen through the Neighbor app, so there’s no concern about strangers having your personal information. 

Maximize Your Earnings With Neighbor

Neighbor recommends sharing your listing with friends and family, and social media makes that really easy to do. You can quickly get your listing out there and introduce new people to the site.

You’ll also want to take high-quality photos to clearly show what the space looks like. A clean space will almost always go for more, so it’s worth your time to clean up your space before taking pictures. And make sure it stays clean when the renter comes to drop off their stuff.

Creating a well-crafted bio that tells potential renters about who you are and about your space can help build trust. Then keep building that trust by being responsive and friendly when renters reach out to you.

Getting Paid With Neighbor

Neighbor automatically charges renters each month and deposits the rent, minus fees, into your bank account. You don’t need to worry about collecting rent.

Who Is Neighbor Best For?

Honestly, I think Neighbor could be a good passive side hustle for almost anyone who has some extra space to rent out. Because you’re just storing items, there’s very little work required on your end, making it a passive source of income. 

You do need to own the space you’re listing, so it’s not for people who are renting an apartment or home. 

Pros and Cons of Neighbor.com 


  • Passive source of income: This is a fairly passive side hustle because you’re not actively trading time for money.
  • Make money with your unused space: You can bring in extra income by listing your basement, garage, closet, spare bedroom, and more.
  • Hosts have the final say: Neighbor lets owners have the final say on how much their space is listed for and who gets to rent it.
  • Easy-to-use platform: The Neighbor app is intuitive and user-friendly for both owners and renters.


  • Not widely available: Neighbor is still growing, so it’s not in every city yet. This isn’t a major disadvantage, more of something that’s worth noting.
  • Must let strangers access your space: This peer-to-peer storage solution won’t be for everyone, especially people who don’t like strangers in their space. 

Neighbor Review: The Final Word

If you’re looking for a passive source of income and you have a little extra space, Neighbor is worth your time, in my opinion at least. This is a legit, peer-to-peer storage alternative to traditional self-storage units.

It’s an ideal way to make extra money if you have a spare closet, an empty corner of your basement if you don’t use your garage, and so on.


Is Neighbor.com legit?

Yes, Neighbor is a 100% legit way to save money on storage needs, and they protect both owners and renters with coverage policies.

How does Neighbor make money?

Neighbor is transparent about how they make money, and it’s by charging fees to both hosts and renters. Hosts are charged a 4.9% processing fee and $0.30 for every reservation. The fees are all communicated before booking to make sure everyone is aware and okay with the arrangement.