Lake Havasu Arizona Vacation Rental Managers
Income Estimates And Tips To Run a Successful Short Term Rental in Lake Havasu, Updated October 2024
Rent Your Vacation Home or Condo in Lake Havasu, Arizona
Lake Havasu, Arizona is a vacation spot that offers a wide range of activities and amenities. It is a popular destination for people who are looking to get away from the city and explore the nature of the area or just relax in the sun. There are many vacation rentals around Lake Havasu that can suit your needs as you explore different activities and sights. In order to make the most of your time here, it is important to search for a rental that fits your needs and is in an area that suits your preferences. You may be interested in short-term rentals like vacation homes or cottage rentals if you are looking to spend some time relaxing by the lake. However, if you prefer to keep active and do some sightseeing, then you might be more interested in a condo rental or hotel room rental instead. When choosing a vacation rental in Lake Havasu, Arizona, it is important to consider the level of service provided by the property owner. While this shouldn't be an issue when you are renting an off-the-beaten path property, it could become more complicated when you are renting out a home located close to other attractions or businesses.
When partnering with RedAwning for your property management needs, we can make sure your Lake Havasu rental is set up correctly and ready to generate the most amount of revenue possible per stay.
Current Vacation Rental Trends in Lake Havasu
During the month of November, Lake Havasu City, for example, is projected to generate over $265/night for a 3 bedroom vacation rental, on average! There were 2,000 vacation active rental properties in Lake Havasu. 1,963 are renting the entire place, and 37 are shared rooms. On average, during the month of November 2023, each vacation rental property in Lake Havasu City is booked 48% of the time, and most hosts are projected to generate $2,856 or more during the month of November! Is your home in Lake Havasu, or another neighborhood in Lake Havasu, Arizona? See how much you could earn with your Lake Havasu vacation rental.
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$265.00 Per Night*
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48% Occupied*
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$2,856.00 Per Month*
* Based on the median average of all vacation rentals in the Lake Havasu area.
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Get a free estimate for your home or condo.
Vacation Rentals in Lake Havasu are generating record profits with RedAwning.
Find out how you can exceed your revenue goals with RedAwning's property management resources.
Successful short-term vacation rentals in Lake Havasu, Arizona
There are several ways to make money renting out your home while you're away. The first is to list it on Airbnb or HomeAway, which have become the most popular places to find vacation rentals. Short-term rental sites like VRBO, FlipKey and VRPW, meanwhile, help homeowners find renters looking for homes in Lake Havasu, Arizona. There are also a variety of other ways to make money while you're away. You could rent out your car through services like Turo and get paid for gas or parking fees. You could participate in a house sharing site like Airbnb and earn cash each month by listing your home for rent and collecting a fee each time someone books a stay at your place. You could also invest in a vacation property rental site like HomeAway that lets you rent out your home when you're not there.
As the economy continues to recover in Lake Havasu, Arizona, the demand for vacation homes is increasing. Many people are looking for affordable rental options when they travel to Lake Havasu, Arizona for a week or more. In addition, many homeowners are choosing to rent out their homes during the summer months. The growth of Airbnb in Lake Havasu, Arizona has been a catalyst for this trend. The influx of tourists and visitors to Lake Havasu, Arizona has created a need for short-term vacation rentals. The number of people who are interested in renting out their home via Airbnb has increased substantially over the last few years. There are several reasons why people are choosing to rent out their home via Airbnb. One of the primary reasons that people choose to rent out their home via Airbnb is because it allows them to make some extra money while they are away from home. Other people may choose to rent out their home as a way of testing the market before they list it on a real estate website such as Realtor.com. And finally, there are some people who simply prefer to stay at an Airbnb when they travel to Lake Havasu, Arizona.
RedAwning takes the guess-work out of Lake Havasu property management, and we work with you to ensure your Lake Havasu short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.
See how much your Lake Havasu vacation rental could earn:
Revenue Projections for Vacation Rentals in Lake Havasu City/Lake Havasu, Arizona during December, 2023
Based on a 3 bedroom, which is the most common Lake Havasu 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 December. Higher bars below can command higher prices, if your Lake Havasu vacation rental is available during these days.
$22442%1st
$22542%2nd
$21340%3rd
$21039%4th
$20938%5th
$20939%6th
$21241%7th
$22845%8th
$22845%9th
$21341%10th
$21140%11th
$21039%12th
$21139%13th
$21339%14th
$22340%15th
$22441%16th
$21542%17th
$21342%18th
$21442%19th
$21542%20th
$22143%21st
$23945%22nd
$24347%23rd
$23648%24th
$23649%25th
$23250%26th
$22850%27th
$23251%28th
$24752%29th
$25151%30th
$24349%31st
Average Daily Price & Percent Occupied Next Month In Lake Havasu
Note: These averages are based on a 3 bedroom home in Lake Havasu City. 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 Lake Havasu, Arizona?
If you are a speculative home buyer or have another home in Arizona, check out our other Arizona Vacation Rental Management reports in Flagstaff, Gilbert, Holbrook, Phoenix, Scottsdale, Sedona, Tempe, Tucson, Chandler, Mesa, Surprise, Pine, Queen Creek, Maricopa, Cave Creek, Glendale, San Tan Valley, Goodyear, Fountain Hills, Paradise Valley, Bellemont, Litchfield Park, Sun City West, Sun Lakes, Show Low, Munds Park, Casa Grande, Payson, Pinetop Lakeside, Gold Canyon, Sierra Vista, Bullhead City, Peoria, Tubac, Peeples Valley, Yuma, and Lake Havasu City, Arizona or view all of our vacation rental market reports
