How much can you actually make by leasing your cell tower? Renting out your property to a phone company is much like renting a house in that certain market considerations apply. Cell tower lease rates depend on a number of factors. It is important to know what influences them so that an appropriate deal can be negotiated. Here are a few of the important things to consider when looking at cell tower leasing. The location of the cell tower has a huge impact on possible cell tower lease rates. The value of your land, and the average price for property nearby, impacts cell phone tower lease rates. The locations of nearby cell towers, in proximity to your real estate, matters too. Carriers need their cell towers placed a certain distance from each other, so the amount of coverage already in your area (or the lack thereof) will have a significant effect on your rates. Different cities and states may have specific zoning or permitting requirements that can add extra costs, so be aware of t