Rachel Hunter rents out Hollywood pad for $26,000 a month

Rachel Hunter is selling her West Hollywood home. Photo / Rex

Rachel Hunter is putting her West Hollywood home up for sale for the third time.

According to Variety, the Make Me A Supermodel star bought the house in April 2004 for AUD$3.2 million ($3.37m) and in August she listed it for $6.5m.

Now the 47-year-old supermodel is renting it out for $26,000 a month.

Rachel had previously listed the house in 2006 for $4.7m but took it off the market the following year.

She had tried to stoke up more interest by dropping the price to $3.9m, and in February 2008 she listed the property once again but for $4.2m.

Rachel Hunter bought the house in April 2004 for $3.2 million and is now selling it for $6.5 million. Photo / Coldwell Banker

The master bedroom as a balcony overlooking the city. Photo / Coldwell Banker

It is described as a "hedged and gated English Country house just above Sunset Strip and the famed Chateau Marmont''.

The New Zealand-born model's home has five bedrooms including a master with a fireplace and loggia balcony overlooking the city, a huge bathroom as well as a walk-in closets.

The kitchen is filled with stainless steel appliances, and the property also includes a separate dining and living room.

The living room features an open fireplace. Photo / Coldwell Banker

The living room features a beamed ceiling and leaded glass bay window. The dining includes a fireplace and chandelier.

The home also comes with a finished basement for media or games room, outdoor dining, a secluded pool and spa.

The property is in a great location.

Rachel, who was married to Rod Stewart, is clearly looking for a new start after more than 10 years spent in the LA home.

She hasn't been staying there lately though, as she's been in South America filming her TV series,

Rachel Hunter's Tour of Beauty

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The house features a high-ceiling kitchen. Photo / Caldwell Banker