Rent Your Vacation Home or Condo in Homestead, Florida

When you're considering whether or not to rent out your Homestead home as a short-term rental, there are a few positive vacation rental trends to keep in mind. For example, it's becoming increasingly popular to rent out units near popular tourist destinations. This is because short-term rental guests tend to be more interested in attractions close to where they're staying, which means you're likely to get more income from renting out your home this way. Additionally, there's a growing demand for rental units that offer a unique experience. This means that you can expect to see more rental units that focus on providing unique experiences, like tours of local attractions or access to special events. As long as you're aware of these trends and cater your rental offerings to them, you're sure to be successful when renting out your home as a short-term rental.

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

Current Vacation Rental Trends in Homestead

During the month of November, Homestead and areas including Naranja, Florida City, Princeton, West Goulds, Leisure City, and Homestead are projected to generate over $191/night for a 3 bedroom vacation rental, on average! There were 394 vacation active rental properties in Homestead.  284 are renting the entire place, and 110 are shared rooms.  On average, during the month of November 2023, each vacation rental property in Homestead is booked 59% of the time, and most hosts are projected to generate $2,538 or more during the month of November! See how much you could earn with our free vacation rental income calculator.

$191.00 Per Night*


58% Occupied*


$2,538.00 Per Month*

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

Vacation Rentals in Homestead 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 Homestead, Florida

Although Homestead, Florida is known more for its hurricane season, there are other reasons to visit this sunny city. A recent study by TripAdvisor showed that the number-one reason people visit Homestead is to rent out their homes as vacation rentals. In fact, the website reports that short-term rentals are the fastest-growing segment of the tourism industry in Homestead. So if you're thinking of putting your Homestead home on the market or renting it out for a holiday or weekend, consider focusing your advertising on the short-term rental market. Not only will this be a more profitable venture, it will also help to stimulate the local economy. And who knows? Maybe you'll even make some new friends along the way!

There's no question that short-term vacation rentals have become increasingly popular over the past few years. And, with good reason! Not only are they a great way to earn extra money, but they're also a great way to see a new town or city without having to spend a lot of money on accommodations. That said, there are a few things you need to keep in mind when renting out your home as a short-term rental. For one, make sure you have all the necessary permits in place. This includes things like zoning permits and fire safety certificates. Without them, you could end up losing money on your rental, not to mention getting fined by the authorities. Another thing to keep in mind is the quality of the rental property. Make sure it's in good condition and meets all the required standards. This way, you won't have to worry about any problems during your guests' stay. And, of course, make sure you have a good marketing strategy in place. This will help you attract potential renters and ensure that your property is booked up all the time. With these tips in mind, you'll be able to successfully rent out your home as a short-term vacation rental without any problems.

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

See how much your Homestead vacation rental could earn:

Revenue Projections for Vacation Rentals in Homestead, Florida during December, 2023

Based on a 3 bedroom, which is the most common Homestead 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 Homestead vacation rental is available during these days.

Average Daily Price & Percent Occupied Next Month In Homestead

Note: These averages are based on a 3 bedroom home in Homestead. 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 Homestead, Florida?

If you are a speculative home buyer or have another home in Florida, check out our other Florida Vacation Rental Management reports in Bradenton BeachBradentonBrooksvilleCape CanaveralCaptivaClearwater BeachClearwaterClermontCocoa BeachDade CityDaniaDavenportDaytona BeachEnglewoodFort LauderdaleFort MyersHaines CityHollywoodJacksonville BeachJacksonvilleJensen BeachKey WestKissimmeeMarathonMarco IslandMiami BeachOrlandoMiamiNaplesNavarreNew Port RicheyNorth Weeki WacheePalm BeachPompano BeachPunta GordaSaint PetersburgSanibelSarasotaSatellite BeachSt. AugustineSt. PetersburgStuartSurfsideTampaVero BeachWest Palm BeachFt. WaltonDestinPanama City BeachMiramarSiesta KeyPalm CoastFlagler BeachGeorgetownDatona BeachNew Smyrna BeachOak HillMelbornePalm BayFort PierceDelray BeachBoca RatonBrunswickHudsonVeniceBoca GrandeBonita SpringsEverglades CityOkaloosa IslandCape CoralDaytonaPort St. JoeCrystal RiverGainesvilleFort Myers BeachFort Walton BeachFernandina BeachSanta Rosa BeachHolmes BeachCape HazeSaint AugustineMiramar BeachTreasure IslandAnna MariaInlet BeachNavarre BeachInvernessChampions GateHollywood BeachSunny IslesPlacidaSeacrest BeachRosemary BeachHainesSunny Isles BeachIndian Rocks BeachDaytona Beach ShoresOkeechobeeLongboat KeyReunionPalm HarborProvidenceLake Buena VistaHernandoCortezOakland ParkMelbourneSeagrove BeachFour CornersFt Myers BeachOrmond BeachPanama CityCrescent CityLargoDavnportBlue Mountain BeachSaint Augustine BeachPanama Beach CityChampion GateSt. Pete BeachPlantationKissimmieeKissimmeMarco IsandPalmettoMarcoMirimar BeachSt AugustineHallandale BeachSeminoleIndian ShoresDvenportDeltonaDunedinFt. Myers BeachRotonda WestLauderdaleHainescityEastpointGrayton BeachSeasidePensacola BeachLake PlacidShalimarPort St. LucieWinter HavenOcalaPensacolaWilton ManorsDaviePort RicheyOcoeeHorseshoe BeachNorth Miami BeachMargateLehigh AcresLake PanasoffkeeCutler BayHaverhillLake WalesGolden BeachSea Ranch LakesPort CharlotteMiami LakesFloral CitySt. CloudOrange ParkGulf BreezeNorth PortLighthouse PointHawthorneTarpon SpringsDuck KeyRiviera BeachDunnellonSouth DaytonaTamaracTallahasseeAuburndalePine HillsSebastianBrandonFernandinaCape San BlasCabo CoralSebringFort WhiteInterlachenSaint James CityPt CanaveralDoralIndialanticInd Hbr BchHomosassa SpringsRuskinPlant CityPoincianaQuail HeightsTemple TerrMiami GardensWest MiamiVlg WellingtnPonte Vedra BeachCoral SpringsDeerfield BeachSpring HillSaint Aug Beach,  and Palmetto Bay, Florida or view all of our vacation rental market reports

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