The average is: $3033.īy this measure, a medium-term rental during this time of year only pulls in 20% more on rents and you still have to pay for utilities, landscaping, etc.
I usually average these out, so I'm seeing $2500, $3300 and $3300. I look at this seasonally and right now, AirDNA is saying that property will make between $3K and $3300 per month between November - February.Īnd, finally, you look on Furnished Finder or Airbnb and establish what you competition is pricing at.
Now you are going to look at AirDNA to establish what they think your property could make as a short-term rental. (My baseline was $2500/month for a 12 month stay.) Rentometer will return a median 12 month rent for you and this is your baseline. You can do this by going to and putting in your address and details (bed, bath, 12 months, radius (make the radius as tight as you can) and whether it is a condo or town home. You need to establish a baseline for rents. For climates that have vacation climates, your slower season will likely be during the summer and/or any time when it's oppressively hot. AirDNAs Rentalizer gives you insight into the annual revenue. You can still rent during these low periods, but you will make approximately 20% less on these rents during low season.įor climates that have traditional winter weather, slow season is October - February. This Rental Property Calculator includes two, fully functioning loan calculators. The low season for short-term rentals will also be the low season for midterm rentals. Midterm rentals have seasonality like short-term rentals.
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