I looked for the dictionary and it seems both of words, 'rent' and 'rental' can mean the property or payment:

Rental from Meriman-Webster:

1: an amount paid or collected as rent

2: something that is rented

Rent from Meriam-Webster:

1: property (such as a house) rented or for rent

2a: a usually fixed periodical return made by a tenant or occupant of property to the owner for the possession and use thereof especially : an agreed sum paid at fixed intervals by a tenant to the landlord

b: the amount paid by a hirer of personal property to the owner for the use thereof

But it seems there are some preferred usages of both words. For example, I found this article. In the article, it says 'rent' is payment and 'the rental' is property.

What is a more idiomatic way to say in the following sentences using two words? (assuming we are looking for a place to stay for a while.)

  1. I need to find new _________
  2. For the room, I need to pay monthly _________
  • I've never heard the first definition given for rental, but that could be a regional thing. – The Photon Aug 5 '20 at 2:30

You are correct that "rent" normally refers to the payment and "rental" to the space that is rented.

  1. I need to find a new rental / rental unit / apartment to rent / place to rent / place to live.
  2. The (monthly) rent for the room is $300.

A dialogue example:

"I need to find a new place to rent. How much is the rent for your room/apartment?"

"$300 per month. That's pretty common for a rental in this part of town."

  • I need to find new accommodation
  • For the room, I need to pay monthly rent

An alternative for the former, depending on country and age, might be digs.

A rental car, property etc. is one you possess by means of paying rent (the manner of 'ownership' / residence).

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