Montrose Colorado Vacation Rental Management
Income Estimates And Tips To Run a Successful Short Term Rental in Montrose, Updated October 2024
Rent Your Vacation Home or Condo in Montrose, Colorado
The Montrose, Colorado short-term rental market is booming. For those looking for a vacation home in the Rocky Mountains that doesn’t cost an arm and a leg, short-term rentals are an affordable way to stay in the area without breaking the bank. There are several reasons why people choose to rent out their Montrose homes as short-term rentals, but one of the most common is that they want to earn extra money while they’re away. While it can be difficult to make extra money while you’re at work, renting out your house while you’re not there can be a great way to generate some extra cash. There are also several tax benefits associated with short-term rentals that can help you earn more money. In addition, if there are specific areas of Montrose where you would like to stay, short-term rentals can be a good way to find an affordable place to stay.
When partnering with RedAwning for your property management needs, we can make sure your Montrose rental is set up correctly and ready to generate the most amount of revenue possible per stay.
Current Vacation Rental Trends in Montrose
During the month of November, Montrose is projected to generate over $165/night for a 2 bedroom vacation rental, on average! There were 249 vacation active rental properties in Montrose. 213 are renting the entire place, and 36 are shared rooms. On average, during the month of November 2023, each vacation rental property in Montrose is booked 78% of the time, and most hosts are projected to generate $2,862 or more during the month of November! See how much you could earn with our free vacation rental income calculator.
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$165.00 Per Night*
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77% Occupied*
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$2,862.00 Per Month*
* Based on the median average of all vacation rentals in the Montrose area.
Get a free estimate for your home or condo.
Get a free estimate for your home or condo.
Vacation Rentals in Montrose 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 Montrose, Colorado
Positive vacation rental trends in Montrose, Colorado can be attributed to the fact that it is a quaint and unique town. With numerous antique stores and craft breweries, it is a great place to visit on vacation or even to live! There are also plenty of activities nearby for you to enjoy such as hiking and biking. There are several great short-term rental sites that you can use when looking to rent out your Montrose home. These include VRBO, Airbnb and Homeaway. To get the most out of these sites, make sure that you provide accurate details about your property and that you take care of any maintenance issues before your stay begins. You can also take advantage of programs such as owner financing or find local companies that offer services like cleaning.
There are a number of positive vacation rental trends in Montrose, Colorado when you consider renting out your Montrose home as a short-term rental. First, the overall demand for short-term rentals is on the rise. More people are looking to rent out their homes and enjoy the perks of having some extra cash. Second, there’s a growing demand for more quality short-term rentals. It’s common to find subpar accommodations when it comes to short-term rentals, but that’s not the case in Montrose. You can choose from a wide range of quality short-term rentals that offer everything you need for a comfortable stay.
RedAwning takes the guess-work out of Montrose property management, and we work with you to ensure your Montrose short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.
See how much your Montrose vacation rental could earn:
Revenue Projections for Vacation Rentals in Montrose, Colorado during December, 2023
Based on a 2 bedroom, which is the most common Montrose 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 Montrose vacation rental is available during these days.
$15078%1st
$15078%2nd
$14476%3rd
$14375%4th
$14476%5th
$14376%6th
$14477%7th
$14978%8th
$14877%9th
$14576%10th
$14173%11th
$14173%12th
$14073%13th
$14072%14th
$14972%15th
$14872%16th
$14574%17th
$14173%18th
$14273%19th
$14274%20th
$15675%21st
$15378%22nd
$15981%23rd
$16282%24th
$16382%25th
$17682%26th
$17179%27th
$17480%28th
$18179%29th
$18076%30th
$17576%31st
Average Daily Price & Percent Occupied Next Month In Montrose
Note: These averages are based on a 2 bedroom home in Montrose. 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 Montrose, Colorado?
If you are a speculative home buyer or have another home in Colorado, check out our other Colorado Vacation Rental Management reports in Alamosa, Aspen, Breckenridge, Cortez, Denver, Durango, Estes Park, Fort Collins, Glenwood Springs, Grand Junction, Gunnison, Loveland, Pagosa Springs, Snowmass Village, Telluride, Crested Butte, Vail, Avon, Copper Mountain, Keystone, Winter Park, Mountain Village, Beaver Creek, Frisco, Dillon, Steamboat Springs, Silverthorne, Edwards, Fraser, Grand Lake, Granby, Eagle Vail, Cabo San Lucas, Silvethorne, Leawood, Snowmass, Wildernest, West Vail, Jefferson, Sliverthrone, Tabernash, Silverthone, Glen Haven, Silverthrone, Eagle, Colorado Springs, Frederick, Kremmling, Rifle, Lyons, Creede, Lakewood, Boulder, Aurora, Glendale, Commerce City, and Severance, Colorado or view all of our vacation rental market reports
