Your garage can do more than store boxes you never open. With Neighbor.com, you can rent that space to people who need affordable storage or a parking spot and turn unused square footage into monthly income. Here’s exactly how the platform works in 2025, what you can realistically earn, and whether it’s worth it for you.

What Neighbor.com Is

Neighbor is a peer-to-peer marketplace for storage and parking. You list extra space such as a garage bay, driveway, shed, basement, or side yard. Renters book month to month. Payments run through Neighbor, and hosts receive automated payouts. Neighbor advertises a $1 million Host Guarantee and offers property protection plans to renters.

How Hosting Works

1. Create a listing: Add photos, size, access details, and any restrictions. Enable Smart Pricing if you want Neighbor to nudge the price in your area.
2. Approve a renter: Review requests and profiles, message renters, then accept or decline.
3. Move-in & payouts: When a renter starts, Neighbor bills them and pays you monthly. Payouts include a standard processing fee deducted by Neighbor.

Fees You’ll Pay

Neighbor deducts a 4.9% + $0.30 processing fee from each host payout. Renters also pay a separate service fee.

Safety and Protection

• $1M Host Guarantee: Neighbor provides a host guarantee intended to protect against certain liability claims related to storage activity.
• Renter Property Protection: Neighbor offers a plan that can reimburse a portion of the fair market value of damaged items if a claim is eligible. Read the terms to understand coverage limits and exclusions.
• Identity checks & payments: Neighbor verifies users and handles automated billing so you do not exchange cash.

How Much Can a Garage Make?

Earnings depend on your city, access, and size. Here’s a simple way to estimate:

• Search your ZIP on Neighbor and note prices for a single-car garage with similar access.
• Multiply that rate by 12 for annual gross revenue.
• Subtract 4.9% + $0.30 per month to estimate net payouts before taxes.

Example: If comparable garages list for $160 per month, your fee would be about $8.14 monthly, so you’d net roughly $151.86 before taxes. If demand supports a higher price for climate control or 24/7 access, your net scales up.

What Renters Want

Listings that rent fast usually include:

• Clear photos with measurements and an uncluttered floor
• Simple access rules and reliable hours
• Notes on security such as cameras or locked doors
• Weather notes: leaks, heat, or climate-control availability

Pros

• Truly passive once set up: Month-to-month billing and reminders are automated.
• Flexible space types: Garages, sheds, basements, driveways, and more are allowed.
• Protection layers: Host guarantee and renter protection plans add peace of mind. Always read terms.
• Smart Pricing option: Helps you stay competitive without constant tinkering.

Cons

• Fees reduce take-home pay: The 4.9% + $0.30 payout fee applies every month.
• Coverage is not blanket insurance: Guarantees and plans have eligibility rules and exclusions. Read the fine print and consider your homeowner’s or renter’s policy.
• You manage people and property: You approve renters, coordinate move-ins, and handle access questions.

Tips to Maximize Income

• Stage your garage: Sweep, declutter, and mark usable dimensions on the floor for photos.
• Offer add-ons: Price a premium for exclusive access, climate control, or 24/7 entry if you can provide it.
• Set house rules in writing: List prohibited items, access windows, and notification requirements.
• Start slightly below market: Earn reviews quickly, then raise rates for new tenants.

Taxes and Local Rules

Rental income is taxable. Track payouts and expenses, and check HOA or city rules that may restrict storage or parking rentals. If in doubt, ask a local professional.

Who Neighbor.com Is Best For

• Homeowners with an empty bay who want easy extra income
• People with predictable schedules who can offer dependable access
• Hosts comfortable screening renters and setting clear rules

The Bottom Line

If you have a clean, accessible garage in a mid- to high-demand area, Neighbor.com can turn it into reliable monthly income with minimal hands-on work. Factor in the 4.9% + $0.30 host fee, read the guarantee and protection plan terms, and price based on comparable listings in your neighborhood. Do that and your garage can stop collecting dust and start paying a bill or two every month.