The term "renting price" can be interchangeably used with several synonyms. The first synonym is "rental rate," which describes the amount of money paid for renting a property. Another term is "lease cost," which is the price agreed upon in a lease agreement. "Monthly rental fee" is also a commonly used synonym, referring to the amount paid on a monthly basis to rent a property. "Rental charge" and "rental cost" can also be used to refer to the same concept. Regardless of the synonym used, it all boils down to the price paid to rent a property or asset.