How to Rent Out Your Driveway
Renting out your driveway can be a fantastic way to generate passive income, especially if you’re looking for a way to pay off bills or save extra money. If your driveway sits empty, why not transform it into a revenue stream?
In crowded cities, where parking is scarce and expensive, offering your driveway to a driver in need can mean a steady flow of cash each month. Imagine turning a patch of concrete into an asset that works for you — no extra effort required once you get started.
1. Doing it Yourself
If you want to rent out your driveway independently, be prepared for a bit of work. It starts with taking several photos of your space — make sure to capture important angles, from the entrance to any surrounding areas. These photos will be the first thing prospective renters see, so they need to make your driveway look accessible.
Next, post your listing on platforms like Craigslist, Facebook Marketplace, OfferUp, or even stick up flyers around the neighborhood. Write out your title and description so you copy-paste it across platforms. Afterwards, you'll need to communicate with potential renters, often answering dozens of messages from people asking, "Is this still available?"
Don't forget the vetting process. You'll want to ensure the driver is reliable, trustworthy, and won’t leave you dry after a month. This means arranging meetups, exchanging messages, and deciding whether their schedule works for you. Finally, once you've found a renter, you’ll have to decide a method of payment.
This is the traditional and proven way. It can be tedious and time-consuming — but it works.
2. The Easier Way
If that all sounds like too much hassle, there’s an easier way: rental apps.
Instead of spending hours juggling platforms and messages, you can list your driveway on a dedicated app in under 30 minutes.
The process is fairly simple — enter your address, add a few photos, and connect your preferred payment method. These platforms notify you when a driver is found, and it handles the entire process for you, including scheduling and managing the payments.
Parket, SpotHero, Spacer, and Neighbors are all valid choices.
Though, unlike other apps that only allow monthly rentals, Parket offers flexibility. You can choose to rent out your driveway hourly, daily, weekly, or monthly, with fine control over your schedule down to the minute. If you’re only available to rent your spot out on specific days or at certain times, you can set your availability exactly how you like it.
Parket has an 8% booking fee, while others range from 15% to 20%.
3. Quick Interview with Laura
Laura Thompson, a waiter living in Queens, NY, didn’t think much about her driveway. It was just there for her to park her car — until she realized she could rent it out while she was at work. She worked long, 12-hour shifts at a restaurant, and her driveway sat empty all day. It seemed like the perfect opportunity to make some extra cash.
At first, Laura tried to rent out her space by listing it on Craigslist and Facebook Marketplace. But after months of answering calls, texts, and emails, she couldn't find a driver who fit her schedule.
She tried a few parking apps, hoping they would help her out. But most of them only offered monthly rentals, but she didn’t want to lose access to her driveway when she was off work. “Those apps didn’t really work for me,” she said. “I needed more flexibility.”
That’s when she came across Parket. Unlike the other platforms, Parket allowed her to list her driveway by the hour. Laura was able to set her schedule to rent out the space only during her shifts. Within a few weeks, Laura managed to find multiple drivers — earning her $192 in her first month.
As of today, Laura’s spot earns around $250 a month just from renting her driveway during her shifts — enough to cover her phone bill and a decent part of her utilities. For Laura, the extra income is a small but significant relief.
4. Consider Your Options
Instead of following the traditional way — save time by listing it on a rental service.