Looking for ways to make money while you sleep? Passive income streams can help you achieve just that. With the right investments and strategies, you can create a steady stream of income without having to actively work for it.
In this list, we’ve compiled 101 passive income ideas under $1000 that you can consider. From investing in stocks and real estate to creating and selling digital products, there are many ways to generate a passive income that won’t break the bank.
Whether you’re looking to supplement your current income or build a long-term investment portfolio, these ideas can help you get started on the path to financial freedom.
- Create an eBook on a topic you are knowledgeable about and sell it on platforms like Amazon Kindle, Barnes & Noble, or Kobo.
- Start a blog and monetize it with ads, affiliate marketing, and sponsored content.
- Invest in dividend-paying stocks or exchange-traded funds (ETFs).
- Create a YouTube channel and monetize it through ads, sponsorships, and affiliate marketing.
- Rent out a room in your home on platforms like Airbnb or Vrbo.
- Create a course on a topic you are knowledgeable about and sell it on platforms like Udemy or Skillshare.
- Start a podcast and monetize it through ads, sponsorships, and affiliate marketing.
- Invest in a rental property and collect monthly rental income.
- Invest in a crowdfunded real estate project through platforms like Fundrise or RealtyMogul.
- Create a mobile app and monetize it through in-app purchases or ads.
- Write and sell stock photos or videos on platforms like Shutterstock or iStock.
- Invest in a peer-to-peer lending platform like LendingClub or Prosper.
- Create an online store and sell products through platforms like Etsy or Amazon.
- Purchase and resell domain names for a profit.
- Invest in a high-yield savings account or a certificate of deposit (CD) to earn interest.
- Participate in affiliate marketing programs and earn a commission by promoting other people’s products.
- Invest in dividend-paying mutual funds.
- Create an online course on a platform like Teachable and sell it.
- Buy and sell products on Amazon through their FBA (Fulfillment by Amazon) program.
- Invest in a REIT (real estate investment trust) that pays dividends.
- Create and sell print-on-demand products through platforms like Zazzle or CafePress.
- Invest in a rental property with a partner and split the profits.
- Become an angel investor and invest in startup companies.
- Buy and sell cryptocurrency.
- Create an online coaching program on a platform like Coach.me and sell your services.
- Create an online course on a platform like Udacity or Coursera and sell it.
- Create and sell digital products like printables or templates.
- Invest in a high-yield corporate bond fund.
- Rent out your car on platforms like Turo or Getaround.
- Invest in a small business through a crowdfunding platform like Kickstarter or Indiegogo.
- Participate in paid surveys online.
- Create a membership website and charge a monthly fee for access to exclusive content or resources.
- Purchase and rent out storage units.
- Invest in a small business as a silent partner.
- Create and sell software products like apps or plugins.
- Invest in a rental property in a vacation destination and rent it out seasonally.
- Buy and sell vintage or antique items online or at flea markets.
- Create an online course on a platform like EdX and sell it.
- Participate in affiliate marketing programs for physical products like clothing or beauty products.
- Create an online store and dropship products through platforms like Shopify or WooCommerce.
- Invest in a municipal bond fund for tax-free income.
- Buy and hold rental properties for long-term appreciation and rental income.
- Create and sell a physical product through crowdfunding platforms like Kickstarter or Indiegogo.
- Invest in a high-yield savings account or money market fund for relatively safe returns.
- Invest in a publicly-traded real estate company that pays dividends.
- Buy and sell collectibles like coins, stamps, or comic books.
- Invest in a small business by becoming a franchisee.
- Purchase and rent out vending machines.
- Create and sell online courses on a platform like Thinkific or Podia.
- Invest in a real estate crowdfunding platform like Groundfloor or Roofstock.
- Create and sell physical or digital products on a platform like Etsy or Redbubble.
- Participate in affiliate marketing programs for online services like web hosting or email marketing.
- Invest in a high-yield checking account for interest and ATM fee reimbursements.
- Purchase and rent out billboard space.
- Invest in a publicly-traded company that pays dividends.
- Rent out your boat or watercraft on platforms like Boatsetter or Click&Boat.
- Create and sell a mobile app or game through platforms like the Apple App Store or Google Play Store.
- Invest in a publicly-traded master limited partnership (MLP) that pays high yields.
- Purchase and rent out commercial or residential real estate for long-term passive income.
- Invest in a high-yield corporate bond ETF.
- Create and sell digital courses or ebooks on platforms like Gumroad or Teachable.
- Participate in affiliate marketing programs for financial services like credit cards or insurance.
- Invest in a publicly-traded business development company (BDC) that pays dividends.
- Rent out your parking space or garage on platforms like SpotHero or ParkWhiz.
- Create and sell a subscription service for exclusive content or products.
- Invest in a publicly-traded royalty trust that pays dividends from oil and gas royalties.
- Purchase and rent out equipment like cameras or musical instruments.
- Invest in a publicly-traded utility company that pays high dividends.
- Create and sell a podcast or audiobook on platforms like Apple Podcasts or Audible.
- Participate in affiliate marketing programs for travel services like hotels or rental cars.
- Invest in a publicly-traded real estate company that specializes in specific sectors like healthcare or storage.
- Rent out your backyard for events or gatherings.
- Create and sell a physical product like a subscription box or t-shirt through platforms like Cratejoy or TeeSpring.
- Invest in a publicly-traded infrastructure company that pays high dividends.
- Participate in affiliate marketing programs for software or technology products.
- Invest in a publicly-traded real estate company that focuses on international markets.
- Purchase and rent out RVs or trailers on platforms like RVshare or Outdoorsy.
- Create and sell online courses on platforms like LinkedIn Learning or Skillsoft.
- Participate in affiliate marketing programs for health and wellness products.
- Invest in a publicly-traded real estate company that focuses on commercial properties.
- Rent out your tools or equipment on platforms like ToolShare or RentMyItems.
- Create and sell a physical product like a book or album through self-publishing platforms like Amazon KDP or Bandcamp.
- Invest in a publicly-traded telecommunications company that pays dividends.
- Participate in affiliate marketing programs for home goods or DIY products.
- Invest in a publicly-traded mortgage REIT that pays high dividends.
- Create and sell online courses on a platform like LinkedIn Learning or Coursera for Business.
- Participate in affiliate marketing programs for food or beverage products.
- Invest in a publicly-traded real estate company that focuses on data centers or technology properties.
- Rent out your backyard or land for gardening or farming.
- Create and sell a physical product like a craft or artwork through platforms like Etsy or Handmade at Amazon.
- Invest in a publicly-traded dividend growth ETF.
- Invest in a publicly-traded preferred stock that pays dividends.
- Purchase and rent out bicycles on platforms like Spinlister or Bikerentalmanager.
- Create and sell print-on-demand merchandise through platforms like Printful or Teespring.
- Invest in a publicly-traded real estate company that focuses on student housing or senior living.
- Participate in affiliate marketing programs for pet products.
- Invest in a publicly-traded royalty company that pays dividends from intellectual property royalties.
- Create and sell a physical product like a food item or beverage through platforms like Amazon or Etsy.
- Rent out your camera equipment or photography studio on platforms like ShareGrid or Peerspace.
- Invest in a publicly-traded real estate company that focuses on industrial properties.
- Participate in affiliate marketing programs for fashion or beauty products.