16 Best Passive Income Apps To Make More Money

Are you wondering what the best passive income apps are? The best passive income apps can help you make money and build wealth while sleeping, on vacation, and more. With passive income apps, you can make money using just your phone or computer. These apps help you earn money in different ways, like investing in…

Michelle Schroeder-Gardner

Last Updated: June 28, 2024

Disclosure: This post may contain affiliate links, meaning if you decide to make a purchase via my links, I may earn a commission at no additional cost to you. See my disclosure for more info.

Are you wondering what the best passive income apps are? The best passive income apps can help you make money and build wealth while sleeping, on vacation, and more.

With passive income apps, you can make money using just your phone or computer. These apps help you earn money in different ways, like investing in stocks, getting cash back when you shop automatically, or renting out your things.

Passive income is money you earn without having to work all the time. You might need to do some work at the start, but after that, the money keeps coming in with little effort.

You don’t need to spend hours every day to see results. Many of these apps are easy to use and free, so they are a great way to improve your finances with little effort.

Using the right mix of passive income apps can help you make extra money regularly or even make a full-time income.

Recommended reading: 18 Passive Income Ideas To Earn $1,000+ Each Month

Best Passive Income Apps

Below are the best passive income apps:

1. Freecash

Freecash is a popular passive income app that helps you make some extra money with little effort. You can earn by completing tasks, such as taking surveys or downloading apps.

Another way that you can earn passive income with this app is by referring people to the app. You can earn up to 30% of your referral’s earnings for as long as they are a member. Your referral earnings start at 5% and can go up from there, all dependent on your affiliate earnings.

I have personally earned over $300 in passive income referral earnings from this platform (in addition to affiliate income), so I know that this is real.

Click here to sign up for Freecash.

passive income apps - RVShare

2. RVshare

RVshare is a money making app where you can rent out your RV to others. This can help you make extra money every month. Many people use RVshare to turn their RV into a good source of passive income.

If you have an RV that you’re not using, you could make $100 to $300 a day, or more, by renting it out to others through RVshare.

RVshare is a great app for making money because it helps travelers save by renting RVs directly from owners, without a middleman. It’s like Airbnb, but for RVs.

You can rent many types of RVs on RVshare, such as:

  • Class B camper vans
  • Travel trailers
  • Pop-ups
  • Class C Motorhome
  • Class A Motorhome
  • Toy hauler

RVshare handles all payments securely and sends money to your bank account one business day after each rental starts.

You can learn more about RVshare here.

3. Neighbor

Neighbor is a self-storage app that lets you rent out extra space in your home. You can make money by offering spots like your garage, driveway, or even a spare room.

You can use this website to rent out your unused space and make up to $15,000 a year. With Neighbor, you can rent out your garage, driveway, basement, parking lot, shed, warehouse, carport, attic, street parking, or even a closet.

You can choose your own prices and decide which reservations you want to accept and host.

Neighbor provides $1,000,000 in host liability protection for your peace of mind. You also receive automatic monthly deposits directly to your bank account for fast payment.

Here’s how Neighbor works:

  1. List your space: Describe your space and set your earning goals on Neighbor.
  2. Respond to renters: Review requests from renters interested in your ad. You can see what they want to store and when, and decide whether to approve or decline.
  3. Schedule move-in: Once you approve a renter, schedule their move-in date.

You can sign up for Neighbor for free here.

You can also learn more about Neighbor at Neighbor Review: How To Make Money Renting Your Storage Space.

4. Swagbucks

Swagbucks is a popular app that lets you earn money for doing simple tasks online. You can use it on both your phone and computer.

You earn points, called Swagbucks (also known as SB), for activities like taking surveys, watching videos, and browsing the web. These points can be redeemed for gift cards or cash via PayPal.

I have personally received over 110 gift cards from Swagbucks (I like to redeem my points personally for free Amazon gift cards).

Here are some ways to earn on Swagbucks:

  • Surveys – Share your opinions on various topics and earn points.
  • Videos – Watch short video clips and earn a few points for each one.
  • Shopping – Do your usual online shopping through the app’s links and get cash back.
  • Web browsing – Use the Swagbucks search engine and earn points just for searching.
  • Referral program – You can refer friends and family to Swagbucks and earn points.

Swagbucks is free to join and use, making it a great choice for anyone looking to make some extra money with little effort.

You can join Swagbucks through my referral link, and receive a $10 bonus.

passive income apps with real estate investment

5. Fundrise

Fundrise is one of the highest-paying passive income apps that lets you invest in real estate with income generating assets. You can start with as little as $10 and get started in around 5 minutes.

Fundrise pools your money with other investors to buy properties, such as single family homes, apartments, and industrial properties. You earn money from rent and property sales.

Investing in real estate can be risky, so make sure you understand what you’re getting into. Fundrise has an easy-to-use app and detailed updates on your investments.

Remember, your money is tied up for a while, so this is for long-term goals. Fundrise makes real estate investing simple and accessible.

You can sign up for Fundrise here.

6. Honeygain

Honeygain is a popular passive income app that lets you earn money effortlessly just by sharing your unused internet bandwidth and your internet connection. You can install it on your desktop or mobile device.

Here’s how Honeygain works:

  • You keep the app running in the background.
  • The app uses your unused internet resources.
  • You get paid for the data shared.

You earn money based on the amount of internet traffic routed through your connection. Honeygain pays $1 for every 10 GB of traffic.

7. Ibotta

Ibotta is a free cash-back app that helps you save money when you shop. You get rewards from shopping both in-store and online.

With the Ibotta app, you sign up for an account, unlock rebates and rewards, shop at stores like Walmart, Target, Kroger, and more, verify your purchases, and then earn cash. You can redeem rebates from hundreds of stores, and it doesn’t cost you anything – it’s free money!

Plus, Ibotta lets you earn cash back both online and in-store, setting it apart from other companies.

Ibotta stands out as one of the easiest passive income apps because you earn money while shopping as usual. It pays you in cash or gift cards for stores like Amazon and Starbucks.

Please click here to join Ibotta.

8. Airbnb

Airbnb can be a great way to earn passive income with minimal effort. By renting out properties short-term, you can make extra cash without much day-to-day work.

Whether you have an extra room, a vacation home, or even just a spare couch, Airbnb lets you list your space for short-term rentals, transforming unused real estate into a regular income source.

Airbnb manages bookings, payments, and provides insurance coverage, making it convenient for hosts once everything is set up. With its worldwide presence and easy-to-use platform, Airbnb continues to be a leading choice for earning passive income through property rentals.

9. Acorns

Acorns is a popular app that helps you save and invest your money without effort. It rounds up your everyday purchases to the nearest dollar. Then it invests the spare change into a diversified portfolio.

For example, if you buy a coffee for $3.50, Acorns rounds it up to $4.00. The extra $0.50 is invested.

You can click here to sign up for Acorns.

10. Rakuten

Rakuten is an easy-to-use app that helps you earn cash back from your shopping. You don’t need to do anything special. Just shop at over 2,500 stores and retailers through the app, the Rakuten website, or by downloading the Rakuten browser extension, and you can earn payouts.

Simply choose a store from their extensive list (including Kohl’s, REI, Toys”R”Us, and more), shop online as usual, and earn cash back effortlessly.

Rakuten earns a commission for directing you to the store where you shop, and they share a portion of that commission with you as a reward.

You can join Rakuten here.

11. Capital One Shopping

Capital One Shopping is an app that helps you save money while you shop online.

You don’t need to be a Capital One customer to use it. Just download the browser extension and start using it right away.

This automatic savings app stands out because it requires no extra effort on your part. The Capital One Shopping app automatically searches for and applies the best coupon codes as you check out, making sure that you get the most savings possible on your purchases.

You can learn more about Capital One Shopping here.

fetch rewards

12. Fetch Rewards

Fetch Rewards is a fun way to earn rewards from your shopping receipts. You just take pictures of your receipts using the app and you get points.

I use Fetch Rewards all the time and it takes less than one minute to earn points. This mobile app is incredibly user-friendly and one of my favorites. I’ve been using it for a while now, and it’s super easy to earn rewards on the shopping you’re already doing.

With Fetch Rewards, you earn points by scanning receipts from any store – whether it’s a grocery store, clothing store, restaurant, or gas station. Then, you can redeem your points for gift cards to places like Target or Amazon, as well as other rewards.

Here’s how Fetch Rewards works:

  1. Shop like you normally would.
  2. Scan your receipt after you’re done.
  3. Earn points on Fetch Rewards.

You can sign up for Fetch Rewards here.

You can also read my review at My Honest Fetch Rewards Review.

13. Robinhood

Robinhood is a popular app for investing in stocks, cryptocurrency, options, and exchange-traded funds (ETFs). It’s easy to use and has no fees or commissions, which makes it great for beginners.

Plus, Robinhood’s app is simple and clean. You can see your investments and track their performance easily.

Robinhood also allows you to buy fractional shares. This means you can invest in expensive stocks with just a few dollars.

You can even invest in dividend-paying stocks on Robinhood.

When you invest in dividend-paying stocks, you’re buying a piece of a company that gives you money regularly. Think of it like getting a small thank you for holding on to the company’s stock. These payments usually come from the company’s profits and they’re called dividends.

Turo passive income app
Here’s a vehicle I rented on Turo when I was visiting Hawaii. The person I rented from had many, many vehicles listed on the site and it seemed to be a good passive income stream for them.

14. Turo

Turo is an app that lets you rent out your car to make extra money. It is a peer-to-peer program where you cut out the middle person and rent out your car.

With Turo, you can earn about $500 or more per month with just one car. If you own a couple of cars, you might make over $2,000 per month. Your earnings depend on the type of car and how often it’s rented.

Just like renting out your RV when you’re not using it, you can also rent out your car!

It’s a cost-effective option compared to traditional rental car companies for customers, and it’s a great way to earn extra money if you’re working from home and your car isn’t in use or if you have a two-car household.

I have rented cars a few times on Turo and I have always had a good experience. It looks like a possibly good way for a person to make money.

15. M1 Finance

M1 Finance is an app where you can earn passive income.

Some of the ways you can earn passive income through this app are by investing your money in the stock market (you can customize your investment portfolio with over 6,000 stocks and ETFs) as well as saving your money in their high-yield account (at the time of this writing, their high-yield savings account rate was 5.00%).

16. Masterworks

Masterworks is an app that lets you invest in fine art.

You don’t need to be wealthy to own a piece of famous art. Masterworks purchases valuable paintings and you can buy shares in these artworks. When the painting is eventually sold, you receive a portion of the profit.

Frequently Asked Questions

Below are answers to common questions about passive income apps.

How can I make $1000 a month passively?

There are many ways to make $1,000 a month passively, such as by renting out a space on Airbnb or Neighbor, renting out a car or RV, investing in an investment app such as Masterworks or Robinhood, and more.

Can you make passive income from an app?

Yes, you can make passive income from an app. Some passive income apps include Neighbor, RVshare, Freecash, and M1 Finance.

How can I make passive income from my phone?

You can make passive income from your phone by installing apps that pay you for different things, such as renting out your stuff, getting cash back, or investing your money. For instance, Honeygain pays you for sharing your internet data, while Rakuten gives you cash back for shopping. These apps run in the background, requiring minimal effort from you once set up.

How to make $5,000 a month passively?

You can make $5,000 a month passively by investing more of your money in different kinds of investments, such as stocks and rentals. It may take some time to get to $5,000 a month in passive income, but it is possible.

What are the highest-paying passive income apps?

The highest-paying passive income apps depend on how much time, effort, and money you put into it. But, generally, passive income apps where you are investing your money (such as in the stock market) or renting out things you own (like a property rental or vehicle rental) typically pay the most.

What are some free passive income apps?

Free passive income apps include Freecash, RVshare, Neighbor, Airbnb, Honeygain, Rakuten, and Acorns.

Best Passive Income Apps – Summary

I hope you enjoyed this article on the best passive income apps.

As you can see, there are many ways to make money with passive income apps. Some will allow you to earn simply some spare cash, whereas others you may be able to build up and eventually earn a full-time income.

Some may require you to invest your money up front (like Fundrise), and some of them are free passive income apps (like Honeygain or Fetch Rewards).

The best passive income app depends on what you are looking for, the amount of time you have, and the amount of risk that you want to take on.

What is your top passive income app?

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Michelle Schroeder-Gardner

Author: Michelle Schroeder-Gardner

Hey! I’m Michelle Schroeder-Gardner and I am the founder of Making Sense of Cents. I’m passionate about all things personal finance, side hustles, making extra money, and online businesses. I have been featured in major publications such as Forbes, CNBC, Time, and Business Insider. Learn more here.

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