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Spacer: Earn From an Empty Parking Spot

Spacer: Earn From an Empty Parking Spot

Spacer is a parking marketplace where homeowners and businesses rent out driveways, garages, carports and parking spaces, mostly on monthly terms. It began in Australia and now runs across the US. Listing is free and takes about 10 minutes. Spacer says the average host earns around $200 a month for a driveway, with some spots earning up to $450.

At a glance

What it isParking space marketplace
Started inAustralia, now across the US
Listing feeNone
Service fee20%, charged to renters as a markup
Typical earningsAround $200 a month for a driveway, per Spacer
Booking typeMostly monthly parking

How it works

You create a free account, upload photos of your space, describe access and size, and set your monthly price. Spacer suggests local rates, but you decide. Drivers book through the site, and you arrange the handover of any key or access device. Payments go through Stripe.

What it costs

Spacer’s help center says it charges a 20% service fee to renters, added as a markup on the price you set. Its host pages say hosts are never charged to rent out a driveway, though one host guide mentions a small service fee from each booking. Check the payout shown before you accept a booking.

What earns well

Spots near train stations, offices, hospitals, universities and stadiums are the most valuable. Indoor and secure garages earn more than open driveways. Spacer’s own guide puts a lock-up garage at about $200 to $300 a month on average.

Event-day parking

Homes near venues can earn extra on event days. Spacer suggests watching the venue’s calendar and opening your space for those dates.

Rules to check

Make sure you have the right to rent out the space. Renters, condo owners and homeowners with associations should check their lease or rules first.

Common mistakes

Hosts often skip clear photos of access, forget to say how big the space is or price above nearby spots. Measurements and directions cut down questions.

Getting started

Measure your space, take daytime photos, check nearby listings and set a monthly price. Note any access rules, such as times or gate codes, in the listing.

Is it worth it?

If your spot is near transit, offices or a venue, yes: it pays every month for almost no work. In areas with easy street parking, demand will be low.

Pricing tips

Start slightly below nearby listings to win your first renter, then raise the price when the spot renews. Secure, covered and easy-access spots can charge more.

Keeping renters

Monthly renters often stay for a long time if access is easy and you reply quickly. A reliable renter is worth more than a slightly higher price.

Access and safety

Decide how renters will get in, whether by key, remote or gate code, and write it in the listing. Keep the spot clear and well lit, and note any height or size limits for larger vehicles.

Owen’s take

Spacer is one of the least effort-heavy side hustles there is: list once and earn every month. It only works well if your spot sits where parking is scarce.

Who it suits

It suits people with an unused driveway or garage near transit, offices or event venues. It suits less well anyone in a suburb with plenty of street parking.

Similar options

More options are in Rentals & Sharing.

Pros and cons

Pros

  • Free to list in about 10 minutes
  • Monthly bookings bring steady income
  • Very little ongoing work

Cons

  • Only pays in busy areas
  • Key handovers can be needed
  • Lease or association rules may forbid it

FAQ

How much can I earn on Spacer?
Spacer says the average host earns around $200 a month for a driveway.

Does Spacer charge hosts?
Its host pages say no; renters pay a 20% service fee as a markup.

What can I list on Spacer?
Driveways, garages, carports and parking spaces.

How are payments handled?
Through Spacer with Stripe.

Where does Spacer operate?
Across the US; it began in Australia.

Other options in this market

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