Orange Beach Alabama Vacation Rental Management
Income Estimates And Tips To Run a Successful Short Term Rental in Orange Beach, Updated June 2023
Rent Your Vacation Home or Condo in Orange Beach, Alabama
Positive vacation rental trends in Orange Beach, Alabama when you considering renting out your Orange Beach home as a short-term rental include the following: 1. The demand for vacation rentals has increased in recent years. With the rise of Airbnb, VRBO, and HomeAway, more travelers are looking for affordable accommodations while they’re on vacation. 2. The average length of stay for a short-term rental is shorter than that of a long-term rental. Vacation rentals tend to be booked within days or weeks of being listed, so it’s important to get your listing right the first time around. 3. Vacation rentals tend to have lower occupancy than long-term rentals. While most people prefer to have their own space during their trip, there are some who prefer to be part of a larger group or family. 4. Vacation rentals tend to be fuller than long-term rentals because they offer more amenities, such as free Wi-Fi and kitchen equipment. 5. Renting out your home requires less work than renting out an entire apartment or house while on vacation, which could be another factor in why people choose to rent out their homes instead of full-time dwellings during their travels.
When partnering with RedAwning for your property management needs, we can make sure your Orange Beach rental is set up correctly and ready to generate the most amount of revenue possible per stay.
Current Vacation Rental Trends in Orange Beach
During the month of February, Orange Beach is projected to generate over $299/night for a 2 bedroom vacation rental, on average! There were 5,352 vacation active rental properties in Orange Beach. 5,344 are renting the entire place, and 8 are shared rooms. On average, during the month of February 2023, each vacation rental property in Orange Beach is booked 30% of the time, and most hosts are projected to generate $2,287 or more during the month of February! See how much you could earn with our free vacation rental income calculator.
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$299.00 Per Night*
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29% Occupied*
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$2,287.00 Per Month*
* Based on the median average of all vacation rentals in the Orange Beach area.
Get a free estimate for your home or condo.
Get a free estimate for your home or condo.
Featured Orange Beach Vacation Rental Generating Record Profits With RedAwning
Phoenix West II- 4 Bed 4.5 Bath Gulf Front High Sleeps 10 Starting at $699 to $2,905 per night!
4 Bedroom: Gulf Front; 4.5 Bathroom; Sleeps 10
Beautifully decorated 4-bedroom, 4.5-bathroom condo located in the luxurious Phoenix West 2 features amazing Gulf views and lots of amenities. Gulf front tiled balcony with table and plenty of seating for the entire family.
*Please note: Phoenix West II is a smoke-free complex, except for designated outdoor smoking areas. The non-smoking policy, which include e-cigarettes, apply to all common... Read More
This Orange Beach vacation home is presented on every travel website, where travelers are looking to book accommodations (Airbnb, VRBO, Expedia, Google Travel, and hundreds more). And, with RedAwning's dynamic pricing, daily rates are adjusted based on seasonality and demand in Orange Beach.
Successful short-term vacation rentals in Orange Beach, Alabama
Vacation rental popularity in Orange Beach, Alabama is on the rise. The sunny Gulf Coast region offers a range of beachfront rentals from spacious condos to cozy beach cottages. Vacation rentals provide great value when compared to hotel accommodations and can help you make extra money. But there are a few things to keep in mind if you plan to rent out your Orange Beach home as a short-term rental. First, it's important to understand how short-term rental laws work in Orange Beach, Alabama. Next, you'll need to check the property for damages before renting it out. And finally, you'll want to consider whether it makes sense for you to rent out your home as a full-time rental.
Whether you are looking to make extra money or want to engage with travelers, short-term rentals can be a great way to meet these goals. When you rent out your Orange Beach home as a short-term rental, it opens up new possibilities for how you can monetize your property. From renting out additional rooms to offering different amenities and services, there are many ways to make extra money by renting out your Orange Beach home. Plus, if you are looking for travelers who will enjoy the local culture and have an active lifestyle, short-term rentals in Orange Beach could be the perfect fit. Whether you are looking for someone to enjoy your beachfront property for a few days or months, there are many benefits of renting out your Orange Beach home as a short-term rental.
RedAwning takes the guess-work out of Orange Beach property management, and we work with you to ensure your Orange Beach short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.
See how much your Orange Beach vacation rental could earn:
Revenue Projections for Vacation Rentals in Orange Beach, Alabama during March, 2023
Based on a 2 bedroom, which is the most common Orange Beach vacation rental home size, we've come up with an estimated rental amount you could charge per night and how much demand there is for each day in March. Higher bars below can command higher prices, if your Orange Beach vacation rental is available during these days.
$23973%1st
$23974%2nd
$24273%3rd
$24773%4th
$24971%5th
$24871%6th
$24970%7th
$24970%8th
$25070%9th
$25570%10th
$26773%11th
$27578%12th
$28179%13th
$28379%14th
$27674%15th
$27471%16th
$27268%17th
$27166%18th
$26765%19th
$26765%20th
$26665%21st
$26665%22nd
$26766%23rd
$27367%24th
$28273%25th
$28676%26th
$28777%27th
$28777%28th
$28676%29th
$28575%30th
$27971%31st
Average Daily Price & Percent Occupied Next Month In Orange Beach
Note: These averages are based on a 2 bedroom home in Orange Beach. If you'd like to find out how much revenue your home could make by providing the number of bedrooms and specifics about your vacation rental, please try our free vacation rental calculator and/or speak with one of our vacation rental experts about your vacation home, condo or unique vacation rental experience.
Interested in learning how you can maximize your vacation rental revenue in Orange Beach, Alabama?
If you are a speculative home buyer or have another home in Alabama, check out our other Alabama Vacation Rental Management reports in Birmingham, Dauphin Island, Florence, Fort Payne, Gulf Shores, Huntsville, Montgomery, Muscle Shoals, Selma, Foley, and Anniston, Alabama or view all of our vacation rental market reports
