If you’re considering investing in short-term rental properties, choosing the right market is crucial. Here are some of the top markets to consider:
1. Tampa, FL
Tampa tops the list due to its high demand for short-term rentals, which is due to its beautiful beaches, vibrant attractions, and affordable property prices. The average annual revenue for Airbnb properties is $52,705, and the occupancy rate is 44.8%.
2. Orlando, FL
Orlando is famous for its theme parks, drawing millions of tourists annually. The city has a high occupancy rate of 45.9% and an average annual revenue of $42,338.
3. Jacksonville, FL
Jacksonville offers affordable property prices and a high return on investment. The city’s average annual Airbnb revenue is $56,878, with a diverse range of visitors contributing to its popularity.
4. Boston, MA
Boston is a lucrative market with high property values and an impressive average annual Airbnb revenue of $89,081. The city’s rich history and strong demand make it a prime location for short-term rentals.
5. Miami, FL
Miami’s warm climate and international appeal make it a hot spot for short-term rentals. The city boasts an average annual revenue of $62,957, with a high volume of listed properties suitable for Airbnb.
Based on the article https://listwithclever.com/research/best-short-term-rental-markets/#best
The opinions expressed in the blog are intended for general informational purposes only and should not be considered as specific advice or recommendations for any individual or for any particular security or investment product.
