Rent Your Vacation Home or Condo in Groton, Connecticut

When you're ready to take a vacation and rent out your Groton home, there are a few things to consider. First, if you already have a short-term rental license for your home, this will help to streamline the process. Second, be sure to check in with your neighbors. You don't want to find yourself at odds with them during your stay. And finally, make sure that the property is clean and well-maintained. If it's not, you could end up losing potential guests as well as damage your own reputation. Positive vacation rental trends in Groton, Connecticut when you considering renting out your Groton home as a short-term rental.

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

Current Vacation Rental Trends in Groton

During the month of October, Groton is projected to generate over $431/night for a 3 bedroom vacation rental, on average! There were 69 vacation active rental properties in Groton.  60 are renting the entire place, and 9 are shared rooms.  On average, during the month of October 2022, each vacation rental property in Groton is booked 97% of the time, and most hosts are projected to generate $7,033 or more during the month of October! See how much you could earn with our free vacation rental income calculator.
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$431.00 Per Night*

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96% Occupied*

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$7,033.00 Per Month*

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

Featured Groton Vacation Rental Generating Record Profits With RedAwning

Cozy Bungalow Just Minutes from Mystic, Beaches, and Casinos Starting at $98 to $356 per night!

Near Mystic, New London, Groton, Westerly and Casinos. Spacious 750 sf. apartment on the first floor of our quintessential New England cape in Old Mystic, CT. The unit includes a private entrance and deck as well as a full eat-in kitchen stocked with key items to make your visit comfortable. We include a welcome basket and a few little extras like coffee, tea, napkins, water bottles, etc. The unit includes all linens and a private bathroom with washer and dryer. The sitting area has a large... Read More

This Groton 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 Groton.

Successful short-term vacation rentals in Groton, Connecticut

In recent years, Airbnb has become a popular way for people to earn extra income from their homes and vacation rentals. While there are several things to keep in mind when listing your home on Airbnb, there are also a number of benefits to renting out your Groton home as an Airbnb rental property. There are many reasons why someone might want to rent out a Groton vacation rental, including: Unusual – If you want to offer an apartment or house that is different from what’s available in the area, renting out your Groton vacation rental could be a good way to do that. Convenient – If you want to avoid the hassle of parking and traffic, renting out your Groton vacation rental could be a good way to do that. Time-Sensitive – If you need money for something time-sensitive, such as an emergency expense, renting out your Groton vacation rental could be a good way to do that.

A study by the National Association of Realtors found that short-term rental properties are growing in popularity and demand. With more people looking to vacation on the cheap, short-term rentals offer an affordable option for visitors looking for a place to stay. Vacation homeowners can make extra money renting their home out by sharing their space with guests. By taking advantage of these trends and catering to a traveler’s needs, short-term vacation rental homeowners can increase the amount of return visitors from families and tourists who want to experience all that Groton has to offer. One way to keep your vacation rental property in Groton, Connecticut up-to-date is by maintaining a clean and orderly appearance. It’s also important to make sure your home offers plenty of amenities that travelers will appreciate, such as a clean pool and hot tub, comfortable beds, and Wi-Fi access.

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

See how much your Groton vacation rental could earn:

Revenue Projections for Vacation Rentals in Groton, Connecticut during November, 2022

Based on a 3 bedroom, which is the most common Groton 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 Groton vacation rental is available during these days.
 
$43280%1st
 
$44881%2nd
 
$44881%3rd
 
$45883%4th
 
$47584%5th
 
$47284%6th
 
$41478%7th
 
$41478%8th
 
$41478%9th
 
$43480%10th
 
$45983%11th
 
$43478%12th
 
$40475%13th
 
$40275%14th
 
$40275%15th
 
$40375%16th
 
$40475%17th
 
$42177%18th
 
$41078%19th
 
$40378%20th
 
$40177%21st
 
$40677%22nd
 
$43180%23rd
 
$43580%24th
 
$45380%25th
 
$45678%26th
 
$41675%27th
 
$40475%28th
 
$40275%29th
 
$40275%30th
 

Average Daily Price & Percent Occupied Next Month In Groton

Note: These averages are based on a 3 bedroom home in Groton. 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 Groton, Connecticut?

If you are a speculative home buyer or have another home in Connecticut, check out our other Connecticut Vacation Rental Management reports in HartfordNew HavenOld Mystic,  and Mystic, Connecticut or view all of our vacation rental market reports

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