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 September, Los Angeles and areas including Hollywood, Downtown, Hollywood Hills, Hollywood Hills West, Westlake, Beverly Grove, Silver Lake, Koreatown, Mid-Wilshire, Mid-City, East Hollywood, Westchester, Sawtelle, Echo Park, Pico-Robertson, Mar Vista, East Los Angeles, Del Rey, Fairfax, Los Feliz, Vernon, View Park-Windsor Hills, Palms, Highland Park, Hyde Park, Historic South-Central, Boyle Heights, Eagle Rock, Pico-Union, Vermont Square, Playa del Rey, Jefferson Park, West Los Angeles, Commerce, Arlington Heights, Mount Washington, Carthay, Harvard Heights, and Bel-Air are projected to generate over $242/night for a 2 bedroom vacation rental, on average! There were 9,659 vacation active rental properties in Los Angeles.  7,948 are renting the entire place, and 1,711 are shared rooms.  On average, during the month of September 2022, each vacation rental property in Los Angeles is booked 75% of the time, and most hosts are projected to generate $3,337 or more during the month of September! See how much you could earn with our free vacation rental income calculator.
tag

$242.00 Per Night*

calendar

74% Occupied*

gauge

$3,337.00 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

Fully furnished 3BR Apartment on Poinsettia Pl Starting at $349 to $529 per night!

A newly constructed property in the heart of Hollywood. With a bright modern exterior and light, spacious interiors, each 3 bedroom 3 bathroom residence boasts designer fixtures, in-suite wash and dryer hookups, walk-in closets, balconies, and luxury appliances.

A spacious and modern layout apartment comprises a well-equipped kitchen, large combined living/dining area, large bedroom, bathroom, and close to all amenities. Centrally located to all tourist destinations in a most walkable... 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 October, 2022

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 October. Higher bars below can command higher prices, if your Los Angeles vacation rental is available during these days.
 
$29581%1st
 
$27781%2nd
 
$27180%3rd
 
$27180%4th
 
$27280%5th
 
$27381%6th
 
$29281%7th
 
$29481%8th
 
$27880%9th
 
$27380%10th
 
$27380%11th
 
$27480%12th
 
$27780%13th
 
$29580%14th
 
$29781%15th
 
$27980%16th
 
$27280%17th
 
$27279%18th
 
$27279%19th
 
$27679%20th
 
$29379%21st
 
$29380%22nd
 
$27679%23rd
 
$27279%24th
 
$27379%25th
 
$27579%26th
 
$28079%27th
 
$29880%28th
 
$30080%29th
 
$28279%30th
 
$27579%31st
 

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 AltoCloverdaleOrindaSacramentoIndio,  and Porterville, California or view all of our vacation rental market reports

Request More Information