Rent Your Vacation Home or Condo in Newport Beach, California

There are a number of reasons why people choose to rent out their vacation home in Newport Beach, California. Some people like the idea of making some extra money while they take some time off from work. Other people like the idea of being able to enjoy the amenities and services that a hotel or resort affords. And then there are others who want to experience living somewhere else, so they can learn more about other cultures and lifestyles. Whether you’re looking to rent out your Newport Beach home as a short-term rental or for any other reason, it’s important to keep a few things in mind before making any decisions. First, be sure to know what your neighbors think about short-term rentals. After all, if you’re renting out your Newport Beach home as a short-term rental and your neighbors aren’t happy about it, it could have a big impact on how well you’re able to do business in the future. Second, make sure that you plan ahead and don’t book your vacation home until you’ve made sure everything is ready to go. For example, if you have children visiting this summer, make sure that there are enough pool toys available so they can have fun playing in the water while you’re away. And if you have pets who will be spending time at the beach with you this summer,

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

Current Vacation Rental Trends in Newport Beach

During the month of September, Newport Beach is projected to generate over $582/night for a 3 bedroom vacation rental, on average! There were 1,252 vacation active rental properties in Newport Beach.  1,199 are renting the entire place, and 53 are shared rooms.  On average, during the month of September 2022, each vacation rental property in Newport Beach is booked 88% of the time, and most hosts are projected to generate $11,458 or more during the month of September! See how much you could earn with our free vacation rental income calculator.
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$582.00 Per Night*

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87% Occupied*

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$11,458.00 Per Month*

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

Featured Newport Beach Vacation Rental Generating Record Profits With RedAwning

1400 South Bayfront Starting at $775 to $3,395 per night!

Welcome to the largest and best family property on Balboa Island available for weekly and nightly rentals. Built in 1920 and belonging to the same family for almost 100 years, this newly renovated and decorated, spectacular 5 bedroom, 4.5 bathroom, South Bayfront home sits on the widest point of Newport Harbor with stunning harbor channel views down to Corona Del Mar and the Balboa Pavilion. When you walk into the first level of the home you are welcomed by the newly remodeled kitchen with... Read More

This Newport 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 Newport Beach.

Successful short-term vacation rentals in Newport Beach, California

There’s a new, growing trend in vacation rentals: positive reviews. Since regulatory changes made it possible for anyone to become a short-term rental property owner, more people are getting into the industry and renting out their homes. But there’s a flip side to renting. When you rent out your home, you don’t own it. This means that you could be held responsible for any damage or loss that occurs at your vacation rental property. If something goes wrong, you could be forced to pay for repairs or even face fines or penalties. And while short-term rental properties are meant to be used as temporary housing, many people still choose to rent them out year-round.

When you want to rent out your Newport Beach rental home for a vacation, there are many things you need to keep in mind. First off, you will want to make sure that your home is clean and free of debris. You should also check the area code before you list the property on Airbnb or VRBO. If there’s any concern about safety, you should also contact local authorities. Another thing you will want to consider when renting out a Newport Beach short-term rental property is whether or not you will be able to take advantage of tax incentives. Tax deductions can help rental properties owners offset some of the costs associated with providing short-term rentals such as cleaning and maintenance.

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

See how much your Newport Beach vacation rental could earn:

Revenue Projections for Vacation Rentals in Newport Beach, California during October, 2022

Based on a 3 bedroom, which is the most common Newport 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 October. Higher bars below can command higher prices, if your Newport Beach vacation rental is available during these days.
 
$67989%1st
 
$60087%2nd
 
$58184%3rd
 
$57383%4th
 
$57984%5th
 
$61888%6th
 
$68689%7th
 
$65387%8th
 
$56581%9th
 
$53676%10th
 
$54875%11th
 
$57076%12th
 
$60881%13th
 
$67884%14th
 
$65382%15th
 
$55974%16th
 
$53468%17th
 
$53567%18th
 
$53667%19th
 
$56171%20th
 
$64175%21st
 
$63774%22nd
 
$55468%23rd
 
$52765%24th
 
$52264%25th
 
$52364%26th
 
$55067%27th
 
$61368%28th
 
$61068%29th
 
$53363%30th
 
$52361%31st
 

Average Daily Price & Percent Occupied Next Month In Newport Beach

Note: These averages are based on a 3 bedroom home in Newport 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 Newport Beach, 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 BeachLos AngelesMaderaMammoth 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 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

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