Yes, rent is a Scrabble word!

Verb

1. Let for money

2. Grant use or occupation of under a term of contract

3. Engage for service under a term of contract

4. Hold under a lease or rental agreement; of goods and services

5. Tear or be torn violently

Noun

1. A payment or series of payments made by the lessee to an owner for use of some property, facility, equipment, or service

2. An opening made forcibly as by pulling apart

3. The return derived from cultivated land in excess of that derived from the poorest land cultivated under similar conditions

4. The act of rending or ripping or splitting something