rental property
nounUK /ˈrɛntəl ˈprɒpəti/
US /ˈrɛntəl ˈprɑːpərti/
A rental property is a house or apartment that someone pays money to live in.
The family moved into a rental property near the park.
OTHER MEANINGS
2. A building or piece of land owned by someone and rented out to others for profit.
She owns three rental properties in the city.
3. In business, an asset that generates income by being rented to customers.
The company listed its rental property as a source of steady revenue.
4. A vacation home that travelers pay to stay in for a short time.
We booked a rental property by the beach for the weekend.