Published January 31, 2023

Short-term rentals top of mind? If not, maybe they should be...

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Written by Erica Carlson

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With the demand higher than ever and projected to increase, 2023 might be the right time for you to try on a short-term rental. Some Tips?

  • Say YES to pets: In a recent survey, VRBO saw a 40% increase in the rental site’s overall demand for pet-friendly homes.
  • Make it family-friendly. I’m talking bunk beds, video gaming consoles, bikes - all the things kids love.
  • Think on the longer side of short-term. With more people adapting to a flexible work schedule, markets everywhere are seeing an uptick in long-term rental stays.

Check out these U.S. destinations leading the profits pack

  • Maui, HI - $375 average daily rate
  • Slidell, LA - $339 average daily rate
  • Joshua Tree, CA - $327 average daily rate
  • Kenai Peninsula, AK - $262 average daily rate
  • Crystal River, FL - $221 average daily rate
  • Gulfport/Biloxi, MS - $196 average daily rate
  • Chattanooga, TN - $180 average daily rate

Source: AirDNA

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Erica Carlson

REALTOR | Erica & Scott Carlson | Buffalo MN Real Estate Agents | BRIX

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