Paid parking calculator

What could paid parking bring in?

Pick what your property could offer, from guest parking to EV charging. Answer a few quick questions about each and watch your number build.

Turn on JavaScript to answer the questions. Here is our example for a 240-home apartment community: guest parking, then three more ways to charge. All three examples are under “How we figure it”.

Your number builds as you go.

In all, a typical 240‑home apartment community could bring in about

$6,360a month

About $76,300 a year.

  • Guest parking$2,040a month
  • Second and third cars$2,260a month
  • Covered parking and garages$1,140a month
  • Reserved spaces$920a month

After card fees. An estimate from your answers, before your other costs and any split in your agreement.

After card fees. An estimate from our example answers, before your other costs and any split in your agreement.

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Your property

What kind of property is it?

About how many homes?
homes

Your picks

You turn each of these on in Parkva and set its price. Residents pay in their portal, and everyone else from a sign or a link.

What could your property offer?Add another way to earn

Pick everything that could work at yours. We’ll ask a few quick questions about each, with typical answers filled in.Pick one to add it. Its questions open next.

Each one is a setting in Parkva, not a project. People pay on their phones, the plate is the pass your enforcement provider checks, and there are no gates or meters to install.

Guest parking

Guests only a month

Guests who stay an hour, a night, or a week. Your residents’ own parking isn’t part of this number.

How it works in Parkva. You set the prices and print the sign Parkva makes. Guests scan it and pay on their phone, and the plate is on the platform your enforcement provider checks right away.

spaces

Not sure? We started you at about 1 space for every 15 homes.

Average price a day

Every pass counts, from an hour to a week. Use what a guest pays for a day.

How full do they get?
Free passes for residents’ guests?

You can give each home a few free guest passes a month. Free passes don’t earn, so they come out of this number.

Resident parking permits

a month

Residents pay a monthly permit for their first car from their phone, or pay for the year up front.

How it works in Parkva. You set a monthly rate. Residents pay it in their portal when they register a car, and it renews on its own.

Price for the first car, a month
90% of homes · about 216 homes

Second and third cars

a month

Homes with more than one car pay a monthly price for each extra car, and see it before they add the car.

How it works in Parkva. You set a price for a second car and a third. Residents pay it each month in their portal, so nobody keeps a spreadsheet.

30% of homes · about 72 homes
Price for a second car, a month
6% of homes · about 14 homes
Price for a third car, a month

Event parking

a month

When a concert, a football game, or a festival nearby fills every street, open your spaces to the public and charge an event rate, paid from the sign.

How it works in Parkva. On concert and game days, open your parking to the overflow at an event rate. Drivers pay from the sign, and your usual prices come back after.

events
cars
Price for each car

Covered parking and garages

a month

Covered spaces and private garages, rented by the month from a phone.

How it works in Parkva. You make these spaces a zone with a monthly price. Residents subscribe in their portal and pick their space, or you assign it.

spaces

Not sure? We started you at about 1 space for every 6 homes.

Price a month
75% rented · about 30 spaces

Reserved spaces

a month

The best spaces, by the door, rented by the month with a home’s name on them.

How it works in Parkva. You make these spaces a zone with a monthly price. Residents subscribe in their portal and pick their space, or you assign it.

spaces

Not sure? We started you at about 1 space for every 10 homes.

Price a month
80% rented · about 19 spaces

Spare spaces for neighbors

a month

Rent spare spaces by the month to neighbors and people who work nearby, right from the sign.

How it works in Parkva. You open these spaces to the public at a monthly price. Share the link Parkva gives you, or let the sign sell them.

spaces

Not sure? We started you at about 1 space for every 24 homes.

Price a month
70% rented · about 7 spaces

EV charging spaces

a month

Spaces with a charger, rented by the month to the residents who drive electric.

How it works in Parkva. You set a monthly price for these spaces, and residents subscribe in their portal. The price is for the space, not the electricity.

spaces

Not sure? We started you at about 1 space for every 40 homes.

Price a month
80% rented · about 5 spaces

Registration fee

a month

A one-time fee when a car is registered: each new resident’s car as they move in, and every car already here when you start.

How it works in Parkva. You set the fee, and residents pay it once for each car, in their portal.

Fee a car, one time
homes

Not sure? We started you at half your moves a month, since every move-in has a move-out.

cars
10% of cars · about 31 a year

Moving trucks

a month

Moving trucks buy a pass at the sign for a day or several, with your note on where to park, so a move stays out of the fire lane.

How it works in Parkva. You turn on the moving van pass and set a price a day. Paid trucks show up as “Moving Van” to your enforcement provider.

moves

Not sure? We started you at about 18 a month, if about 45 in 100 homes change hands each year.

50% of moves · about 9 passes a month
Price a day
How many days?

Send me this estimate

Add your name and work email. Your answers come along, and a person from Parkva follows up to walk you through your numbers. Sending it doesn’t switch anything on.

Answer the questions above and your estimate comes along.

Your estimateOur example
Guest parking$2,040 a month
Second and third cars$2,260 a month
Covered parking and garages$1,140 a month
Reserved spaces$920 a month
Total, after card fees$6,360 a month

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How we figure it

Each line is simple arithmetic on your answers: how many spaces, how full they get, and your price. Card fees come off every charge, and what is left is your number.

  • Guest parking. Guest spaces, times how full they get, times the days in a month, times your average price a day. The free passes come out first.
  • Second and third cars. Homes, times the share paying for a second car, times its monthly price, plus the same for third cars.
  • Covered parking and garages. Spaces, times how many get rented, times the monthly price.
  • Reserved spaces. Spaces, times how many get rented, times the monthly price.
Each line, a month, from what drivers pay to what is left after card fees
LineDrivers payCard feesRefundsAfter card fees
Guest parking$2,190−$130−$20$2,040
Second and third cars$2,380−$100−$20$2,260
Covered parking and garages$1,200−$50−$10$1,140
Reserved spaces$960−$30−$10$920
Total$6,730−$310−$60$6,360

Card fees use Stripe’s standard US price, 2.9% plus 30¢ a charge, and we set aside 1% for refunds. Sales tax, if you charge it, goes on top.

If your spaces fill less or more than you guessed, your number could land between $3,820 and $8,130 a month.

Not profit and not a forecast: revenue after card fees, before your other costs, and before any split in your agreement.

Three example properties

Each one at our example answers: guest parking, then the ways to charge that most often fit it. A starting point to compare, not a result.

  • HOA
    Guest parking$960
    Second and third cars$1,410
    RV, boat, and trailer spaces$650
    Carports and covered spaces$340
    After card fees, a month$3,360
  • Apartments or condos
    Guest parking$2,040
    Second and third cars$2,260
    Covered parking and garages$1,140
    Reserved spaces$920
    After card fees, a month$6,360
  • Garage or lot
    Visitor parking$40,370
    Monthly parkers$5,870
    EV charging spaces$4,080
    Reserved spaces$1,340
    After card fees, a month$51,660

Where does the money go when a driver pays?

The driver pays by card at the sign or on their phone. Payments run on your property’s own account, so your property’s name is on their card statement. Card fees come off first. The rest divides the moment the driver pays, the way your agreement sets it, so nobody sends anybody a bill. The property’s payout lands in the bank account the property connects. In the same step the car is marked paid for your enforcement provider, with the time it ends, so a driver who paid is never mistaken for one who didn’t.

Should residents pay for parking they already have?

Many properties include a resident’s first car and charge for what is worth more: a carport, the reserved row by the door, a second car, a guest who stays the week. Others charge a monthly permit for the first car too, which keeps every resident’s car current. That’s why resident permits aren’t picked for you. They count only if you add them. If you consider a change, Parkva shows how many cars it would touch before you save it, and your leases, your association’s documents, and any housing program rules come first. Homes with rent limits or housing assistance are not the place for it.

How does the registration fee work?

It is a one-time fee each time a car is registered at your property, at a price you set. The calculator counts it two ways. Each month, new residents register their cars as they move in, and residents who stay register the cars they replace; that is the registration line in your monthly number. When you start, every car already at the property is registered once, and that is its own figure under your total, never folded into the monthly number. A resident pays it once for each car, not every month.

Can an HOA charge visitors to park on its own road?

If the association owns the road, Parkva can price it like any lot: a sign, a rate by the hour or the day, and passes bought by phone. A visitor who pays is on the platform your enforcement provider checks against. A public street is different. It belongs to the city, so the city sets its rules there. Rules for paid parking on property open to the public vary by state, so start with your association’s documents and your lawyer. Parkva signs help drivers register, and the tow-away signage your state requires stays up beside them. A road down to the water is busiest in summer, which is why the calculator asks when people come.

Why aren’t tickets and tows in the number?

Because they aren’t parking revenue, and a property should never plan on them. This number counts only what drivers choose to pay to park: guest passes, monthly spaces, permits, and day passes. Enforcement keeps those charges fair, so a driver who pays is covered and one who doesn’t stands out. Counting fines would reward the wrong thing and give you a figure you couldn’t defend to a board or to residents. What people choose to pay to park is the number worth taking to a board.

See it on your lot

Want to see it on your own property?

Bring your answers. We’ll show where each charge would live, space by space.

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