Rent Your Vacation Home or Condo in San Luis Obispo, California

Positive vacation rental trends in San Luis Obispo, California when you considering renting out your San Luis Obispo home as a short-term rental are: There are many positive reasons to consider renting out your home for short-term vacationers. When the economy is strong and jobs are plentiful, people tend to book their vacations early. If you have a property that can accommodate multiple guests during the peak vacation months, you could be earning money while you’re enjoying the tranquility of your own place. You also have more flexibility when it comes to planning your time off. For example, if you’re taking family members on separate vacations, you might be able to coordinate your visits around each other’s travel schedules. And if you’re traveling with friends who don’t mind sharing an air mattress or a couch, your house could end up being a lot of fun for everyone. But there are also some potential downsides to consider when you decide to rent out your home for short-term visitors. For one thing, it might be harder for long-term residents to maintain close relationships with their neighbors. Additionally, renters may get less involved in the local community than homeowners do. So as tempting as it may be to cash in on all those extra vacation days, it pays to think ahead and plan ahead before taking the leap into Airbnb and VR

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

Current Vacation Rental Trends in San Luis Obispo

During the month of October, San Luis Obispo is projected to generate over $340/night for a 2 bedroom vacation rental, on average! There were 356 vacation active rental properties in San Luis Obispo.  299 are renting the entire place, and 57 are shared rooms.  On average, during the month of October 2022, each vacation rental property in San Luis Obispo is booked 76% of the time, and most hosts are projected to generate $6,073 or more during the month of October! See how much you could earn with our free vacation rental income calculator.
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$340.00 Per Night*

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76% Occupied*

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$6,073.00 Per Month*

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

Vacation Rentals in San Luis Obispo 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 San Luis Obispo, California

Positive vacation rental trends in San Luis Obispo, California when you considering renting out your San Luis Obispo home as a short-term rental include: As the number of tourists increase, short-term rental options such as Airbnb are becoming more popular. Many of these homes are located in popular areas like downtown San Luis Obispo and along the beaches. Typically, these homes have a kitchen, fridge, bathroom, and comfortable bed. If you're looking to rent out your home while you're away on vacation, consider these positive vacation rental trends.

There is a growing trend of positive vacation rental trends in San Luis Obispo, California as more people are looking to rent out their homes as a short-term vacation home or to make some extra money on the side. There are many advantages of renting out your San Luis Obispo home as a short-term vacation rental, including: There are many advantages to being a vacation rental owner. You can make some extra money on the side and you can use the extra income to pay down debt or fund other investments. Plus, it’s a great way to meet new people and learn about the local area. While short-term rentals are still illegal in San Luis Obispo, there are certain locations where it is allowed. These areas include rural areas, undeveloped properties, and properties that have been abandoned for at least one year. If you are interested in being a short-term vacation rental owner, you should check with your city first to see if there is any local regulation in place.

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

See how much your San Luis Obispo vacation rental could earn:

Revenue Projections for Vacation Rentals in San Luis Obispo, California during November, 2022

Based on a 2 bedroom, which is the most common San Luis Obispo 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 November. Higher bars below can command higher prices, if your San Luis Obispo vacation rental is available during these days.
 
$30880%1st
 
$31481%2nd
 
$32483%3rd
 
$36489%4th
 
$36989%5th
 
$31884%6th
 
$30782%7th
 
$30882%8th
 
$31483%9th
 
$33386%10th
 
$39890%11th
 
$39990%12th
 
$32984%13th
 
$31582%14th
 
$30581%15th
 
$30980%16th
 
$31383%17th
 
$35686%18th
 
$36987%19th
 
$31184%20th
 
$30985%21st
 
$30587%22nd
 
$35688%23rd
 
$39088%24th
 
$40887%25th
 
$39287%26th
 
$32983%27th
 
$31080%28th
 
$30379%29th
 
$29978%30th
 

Average Daily Price & Percent Occupied Next Month In San Luis Obispo

Note: These averages are based on a 2 bedroom home in San Luis Obispo. 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 San Luis Obispo, 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 FranciscoSanta 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

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