Rent Your Vacation Home or Condo in Los Angeles, California

There are a number of positive trends when looking to rent out your Los Angeles home as a short-term vacation rental. Some of the most common include: The average Los Angeles short-term rental price is $544 per night. Los Angeles short-term vacation rentals provide a flexible way to earn extra income. Los Angeles short-term vacation rentals allow you to have a little bit of space while still enjoying the city lifestyle.

When partnering with RedAwning for your property management needs, we can make sure your Los Angeles rental is set up correctly and ready to generate the most amount of revenue possible per stay.

Current Vacation Rental Trends in Los Angeles

During the month of January, Los Angeles and areas including Hollywood, Downtown, Westlake, Hollywood Hills, Mid-Wilshire, Koreatown, Hollywood Hills West, Sawtelle, East Hollywood, Beverly Grove, Silver Lake, Echo Park, Pico-Robertson, Mid-City, Los Feliz, Fairfax, Mar Vista, Westchester, Del Rey, Palms, Pico-Union, University Park, Exposition Park, Highland Park, Boyle Heights, Arlington Heights, Playa del Rey, West Los Angeles, Hancock Park, Harvard Heights, Eagle Rock, Chinatown, Historic South-Central, Vermont Square, West Adams, Larchmont, East Los Angeles, Hyde Park, and Baldwin Hills/Crenshaw are projected to generate over $245/night for a 2 bedroom vacation rental, on average! There were 10,096 vacation active rental properties in Los Angeles.  8,295 are renting the entire place, and 1,801 are shared rooms.  On average, during the month of January 2023, each vacation rental property in Los Angeles is booked 67% of the time, and most hosts are projected to generate $3,278 or more during the month of January! See how much you could earn with our free vacation rental income calculator.
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$245.00 Per Night*

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67% Occupied*

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$3,278.00 Per Month*

* Based on the median average of all vacation rentals in the Los Angeles area.
Get a free estimate for your home or condo.

Featured Los Angeles Vacation Rental Generating Record Profits With RedAwning

Brand new 2 Bedroom Apartment on Hawthorn Ave Hollywood Starting at $219 to $599 per night!

Perfectly designed. Expertly finished and furnished to very high specifications. A spacious and modern layout apartment, comprises of well equipped kitchen,large combined living/dining area, large bedroom, bathroom and close to all amenities. Centrally located, within walking distance to City.

Living in Los Angeles is a privileged experience that can only be enhanced by moving to the perfect place. Start creating memories at Hollywood, where you’ll fall in love with its serene... Read More

This Los Angeles 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 Los Angeles.

Successful short-term vacation rentals in Los Angeles, California

While short-term rentals are on the rise in Los Angeles, positive trends are beginning to emerge as homes become more accessible for travelers. Short-term rentals offer homeowners a new way to make money, as well as a way to welcome visitors into their homes and share their experiences with the city. Positive rental trends include: Residents taking advantage of the low rental cost in Los Angeles by renting out their homes to tourists. Incentives that encourage homeowners to rent out their homes while they’re away on vacation or business trips. A growing number of Airbnb users in Los Angeles who are looking for a place to stay while they’re visiting the city.

Los Angeles has an ever-growing population of people looking for short-term accommodations. As the city continues to grow, more travelers are looking for a place to stay while they visit and explore. Between 2000 and 2016, Los Angeles saw a growth rate of 11.5 percent in short-term rentals. There is a demand for short-term rentals because people want to stay in areas with high demand that have low availability. Additionally, Los Angeles has a large population of visitors who are looking for a vacation rental at the same time as locals who are also looking for a place to stay during their trip. The demand for short-term rentals in Los Angeles means there is a supply of affordable options available to tourists and locals alike. While the market is growing, there are some challenges that owners should be aware of when renting out their home as a short-term rental:

RedAwning takes the guess-work out of Los Angeles property management, and we work with you to ensure your Los Angeles short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.

See how much your Los Angeles vacation rental could earn:

Revenue Projections for Vacation Rentals in Los Angeles, California during February, 2023

Based on a 2 bedroom, which is the most common Los Angeles 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 February. Higher bars below can command higher prices, if your Los Angeles vacation rental is available during these days.
 
$27283%1st
 
$27484%2nd
 
$29484%3rd
 
$29684%4th
 
$28083%5th
 
$27382%6th
 
$27382%7th
 
$27382%8th
 
$27782%9th
 
$29982%10th
 
$30082%11th
 
$28281%12th
 
$27481%13th
 
$27381%14th
 
$27281%15th
 
$27682%16th
 
$29782%17th
 
$29782%18th
 
$28182%19th
 
$27581%20th
 
$27181%21st
 
$27180%22nd
 
$27581%23rd
 
$29081%24th
 
$29080%25th
 
$27380%26th
 
$26879%27th
 
$26779%28th
 

Average Daily Price & Percent Occupied Next Month In Los Angeles

Note: These averages are based on a 2 bedroom home in Los Angeles. 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 Los Angeles, California?

If you are a speculative home buyer or have another home in California, check out our other California Vacation Rental Management reports in AnaheimBass LakeBuena ParkBurbankCamarilloChicoCosta MesaDana PointHuntington BeachJoshua TreeLaguna BeachMaderaMammoth LakesMarinaMontereyOakhurstOaklandOxnardPalm SpringsPasadenaPaso RoblesReddingRedondo BeachSan DiegoSan FranciscoSan Luis ObispoSanta BarbaraSanta CruzSonomaSouth Lake TahoeStocktonThree RiversTuolumne CityVenturaWeavervilleYucca ValleyBear ValleyArnoldGrovelandTruckeeTemeculaTahoe CityKings BeachOlympic ValleyCarnelian BayHomewoodTahomaTahoe VistaWestwoodSanta RosaFresno CountyBig Bear LakeBig Bear CityPismo BeachNewport BeachAvila BeachNapaLake ArrowheadSugarloafSolana BeachFawnskinLa QuintaKirkwoodYosemiteOceanoTwain HarteCathedral CityGualalaLong BeachSky High RanchNorthstarLa JollaBerkeleyAptosHealdsburgThe Sea RanchShaver LakeAnchor BayCorona Del MarEncinitasGuernevilleCold SpringsSugar PineBen LomondPalo AltoGlen EllenPleasantonTwin BridgesDorringtonFort BraggsDaly CityEscondidoForestvilleCrescent CitySan RafaelUkiahLee ViningGrover BeachEl PortalSausalitoAlpine MeadowsJennerPalm Desert ColfaxSan JoseNovatoUnion CityKernvilleArroyo GrandeValenciaMillbraeSebastopolSea RanchSanta AnaSanta MonicaEast Palo AltoCloverdaleOrindaSacramentoIndioPortervilleFiddletown,  and Irvine, California or view all of our vacation rental market reports

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