DollarBreak is reader-supported, when you sign up through links on this post, we may receive compensation. Disclosure.
We test different ways to make money online weekly and provide real-user reviews so you can decide whether each platform is right for you to earn side money. So far, we have reviewed 600+ platforms and websites. Methodology.
Peerspace is a app to rlist your free space to creative people and earn extra income. The platform connects you with creatives who are looking for unique spaces for photoshoots, video shoots, events, workshops, and more. The hourly rate of your property will vary based on its size, condition and design, and location. Current listings on the platform range from $50 to $200 per hour.
Pros
- Free to list
- Easy to use
- Wide variety of spaces accepted
- Earn passive income
Cons
- 15% service fee
- No guarantee of renters
Jump to: Full Review
Compare to Other Sites to Rent Stuff
Neighbor
Rent garage, driveway, parking lot, basement, bedroom, shed or carport
No listing fees + guaranteed payment monthly even if a renter doesn’t pay
Free coverage for everyone— $1,000,000 for host and $25,000 for renters
FriendWithA
Earn money by renting out your gear with relatively low rental fees – 10%
Average monthly pay – $95 for bike, $145 for camera, $150 for guitar
Personal liability guarantee up to $100,000 and $125,000 property coverage
How Does Peerspace Work?
Peerspace was founded by Rony Chammas and Matt Bendet in 2014 in San Francisco, U.S. Peerspace is an online marketplace for listing and booking unique spaces for creative and productive uses. Peerspace connects professionals and creators who need spaces to bring their ideas to life.
With Peerspace, you can earn money by hosting your space to creators and professionals. You can list your space on the app for free and rent it out for dates that suit you while earning extra income.
How Much Can You Earn With Peerspace?
How much you earn with Peerspace depends on how much you set your space price for and how often the space gets rented out.
For example, a studio for video shoots costs $195 per hour in Los Angeles, while a meeting room in California costs $150 per hour.
Peerspace Reviews: Is Peerspace Legit?
Peerspace has a 4.6-star rating on Apple App Store, a 4.2-star rating on Trustpilot, and a 4.7-star rating on BBB.
Users have praised the app for being reliable, easy to use, and offering great prices and deals on spaces.
Users have raised complaints about the app’s high commission fee, receiving delayed payouts, and not being able to contact customer support.
Who Is Peerspace Best for?
Peerspace is best for those who own a space and are looking to rent it out to potential renters for creative purposes. Those who own galleries, rooftops, studios, or any other type of free space would benefit from Peerspace.
What Can You Rent With Peerspace?
With Peerspace, you can rent out unique spaces for creative professionals to use. On Peerspace, you can list creative spaces, including:
- Studios
- Rooftops
- Yoga studios
- Lofts
Peerspace Benefits: What Does Peerspace Offer?
Extra Income
With Peerspace, you can make extra income by renting out your space to creators and professionals. Listing your space is free, simple, and can earn you an extra income on the side.
Smooth Bookings
On Peerspace, you don’t have to worry about any complicated contracts or documents to review and sign. Peerpsace offers the tools to allow renters to book your space seamlessly online.
Large Online Marketplace
Peerspace is a large online marketplace that has listings in cities all over the U.S, Canada, Australia, the U.K, and France. Over 3 million people have booked Peerspaces since the app’s launch, which means your listing will be seen online by many potential renters.
Peerspace Fees: How Much Does It Cost to Use Peerspace?
It is completely free to create and post your listing on Peerspace. Peerspace does charge a 15% service fee for every booking.
Peerspace Requirements?
To get started with Peerspace, you simply need to create an account on the website. Once you create your account, you can fill out the basic information and details about your space, fill out your payment information, add photos, and list it online.
Peerspace Payout Terms and Options
On Peerspace, guests are charged upfront through Peerspace’s secure payment system. Your payout is directly deposited after each booking.
Peerspace uses the payment provider Stripe and automatically pays hosts via direct deposit within 7 days after the end of a reservation.
What Are the Peerspace Pros & Cons?
Peerspace Pros
- Free to list
- Easy to use
- A wide variety of spaces accepted
- Earn passive income
Peerspace Cons
- 15% service fee
- No guarantee of renters
How Good Is Peerspace Support?
Peerspace has a large and extensive support page for users that answers the most commonly asked questions for both hosts and guests.
If you still have unanswered questions, you can use their online chat feature or email them at help@peerspace.com.
Peerspace Review Verdict: Is Peerspace Worth It?
Peerspace is an excellent app to rent out your free space to creative people and earn extra income. The platform connects you with creatives who are looking for unique spaces for photoshoots, video shoots, events, workshops, and more.
The hourly rate of your property will vary based on its size, condition and design, and location. However, current listings on the platform range from $50 to $200 per hour.
Note that the platform will charge you a 15% commission on each booking you get through it.
How to Sign Up With Peerspace?
Signing up for Peerspace is simple:
- First, create an account using either your email address, Apple, or Facebook account.
- Once you create your account, you can fill out the basic information and details about your space.
- Then, fill out your payment information and add photos of the space.
- Once you are approved, you can list your space online.
Sites Like Peerspace
Peerspace vs. Neighbor
Neighbor Summary
- Earn up to $600 per month renting a garage
- 48 hours to screen potential renters
- Get 1 payment at the end of each month
- $1 million free coverage for hosts
With both Peerspace and Neighbor, you can rent out your extra space to potential renters. On Peerspace, you rent out spaces like studios or apartments, while on Neighbor, you rent out storage space. With both of these apps, you can list your space and earn money from the renters.
Peerspace vs. FriendWithA
FriendWithA Summary
- Outstanding 24/7 customer service
- $10,000 damage protection insurance
- Relatively low fees of 10% per rental
- Earn up to $1000 per month from rentals
On Peerspace, you can list your creative space online for rent while on FriendWithA, you can list your gear for rent. With both of these apps, you can rent out your space or gear by the hour and earn money by listing your gear or space on the apps.
Peerspace vs. Airbnb
Airbnb Summary
- Over 150 million users worldwide
- Earn an average of $924 per month
- Rent out your property whenever you want
- Quick turnaround time for payouts
Peerspace allows you to rent out spaces to others by the hour, while on Airbnb, you can rent out your property or room for a nightly fee. With both of these apps, you earn money from renters who book your space or room/property.
Peerspace FAQ
What Is Peerspace?
Peerspace’s mission is to bring people together to meet, create and celebrate by finding and booking online spaces through the online marketplace4. The platform allows people to list their spaces to other creatives to rent.
Since its launch, Peerspace has seen over 3 million people attend a gathering in a Peerspace.
Is Peerspace safe?
Yes, Peerspace is committed to the safety of its hosts and guests and believes in a safe transacting marketplace that builds trust between hosts, guests, and its platform.
What industry is Peerspace in?
Peerspace is the first marketplace to offer short-term access to hundreds of creative workspaces that focus on three main categories: event, production, and off-site meeting.
How can I promote my Peerspace?
You can promote your Peerspace by sharing your event venue on Peerspace and by regularly submitting your venue’s public events on event directories in your city.
What is a Power Host on Peerspace?
A power host is a special designation given to hosts who provide an exceptional experience for their guests. Power hosts respond quickly, receive high reviews, host many bookings and almost never cancel.
How do you become a Peerspace power host?
To become a Peerspace power host, you will need to do the following:
- Response rate > 90% Respond to 9 out of every 10 inquiries you receive within 24 hours.
- Average review score > 4.5.
- Number of bookings > 5.
- No cancellations. You don’t cancel accepted bookings.
