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How Much Does Rent Guarantee Cost?

Written by Cigdem Kara

SingleKey’s Rent Guarantee Program offers valuable financial protection for landlords by covering lost rental income in the event a tenant defaults. But how much does it cost to access this peace of mind?


Regions: Ontario (ON), Quebec (QC) and the United States

Landlords in these regions can choose between two payment plans. No tax applies to either of the options.

  • Annual Payment:

    • 5% of the monthly rent, paid upfront for the year

    • Includes a 10% savings compared to the monthly plan

    • Ideal for landlords looking to save on fees and simplify payments

  • Monthly Payment:

    • 5.5% of the monthly rent No Tax, billed monthly

    • Offers more flexibility with a smaller monthly commitment

    • Perfect for landlords who prefer spreading out the cost


Regions: Alberta (AB), British Columbia (BC), Nova Scotia (NS), Saskatchewan (SK), and Newfoundland (NL)

Landlords in these provinces have tiered pricing based on the length of coverage selected. No tax applies to any option.

  1. 3-month coverage will be 3% of the monthly rent

  2. 6-month coverage will be 4% of the monthly rent

  3. 12-month coverage will be 5% of the monthly rent.


Whether you choose to pay monthly or annually, the Rent Guarantee Program is designed to provide reliable protection and reduce the financial risks of renting.

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