What should my base rate be?

Your base rate should reflect the most common or standard price at which your space is booked. This rate should include all essential amenities and any costs required to host an activity in your space.

When setting your base rate, consider:

• Your minimum booking hours - ensure the total payout makes sense for your space and effort.
• Any operational or maintenance costs (cleaning, utilities, etc.) you want to factor in.
• Spare Space’s service fee, which is deducted before your payout.

If you’re a new host, we recommend setting a competitive rate by checking what similar spaces near you are priced at. Once you start getting positive reviews and consistent bookings, you can gradually increase your rate to find your ideal balance between price and demand.

Transparent pricing helps you attract more guests — avoid setting a very low base rate with unexpected add-ons later, as that can discourage bookings.