Lauderdale Florida Vacation Rental Managers
Income Estimates And Tips To Run a Successful Short Term Rental in Lauderdale, Updated April 2024
Rent Your Vacation Home or Condo in Lauderdale, Florida
The number one positive trend is that short-term rentals are a great way to earn extra income. This is especially true for homeowners who would otherwise be unable to sell their property. While it can be tempting to make any home available for short-term rental, it is important to ensure that your property is in good condition and meets all local regulations. It is also important to keep in mind that short-term renters may not be the best guests. They may leave behind unwanted items such as trash and food, which can cause damage and harm the environment. Finally, avoid rushing into a decision on whether you should rent out your home. Consider the pros and cons carefully before making a final decision.
When partnering with RedAwning for your property management needs, we can make sure your Lauderdale rental is set up correctly and ready to generate the most amount of revenue possible per stay.
Current Vacation Rental Trends in Lauderdale
During the month of November, Fort Lauderdale, for example, is projected to generate over $233/night for a 2 bedroom vacation rental, on average! There were 8,241 vacation active rental properties in Lauderdale. 7,226 are renting the entire place, and 1,015 are shared rooms. On average, during the month of November 2023, each vacation rental property in Fort Lauderdale is booked 59% of the time, and most hosts are projected to generate $2,765 or more during the month of November! Is your home in Lauderdale, or another neighborhood in Lauderdale, Florida? See how much you could earn with your Lauderdale vacation rental.
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$233.00 Per Night*
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58% Occupied*
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$2,765.00 Per Month*
* Based on the median average of all vacation rentals in the Lauderdale area.
Get a free estimate for your home or condo.
Get a free estimate for your home or condo.
Vacation Rentals in Lauderdale 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 Lauderdale, Florida
Ownership has become more important to people seeking vacation rental income. With ownership, you have control over the property and can make all the decisions about what goes on at your home. There is also a growing interest in short-term rentals among those who are looking for an alternative to hotels. Short-term renters can offer the same comforts of home with the added benefits of location, affordability and flexibility. Another benefit of short-term rentals is that they can provide a great source of supplemental income if you’re looking for a way to earn some extra cash. From Airbnb and VRBO to VRBO and HomeAway, there are so many options available today when it comes to finding a way to turn your Lauderdale vacation rental into an extra income stream.
The great news is that short-term vacation rentals are becoming increasingly popular. With the rise in popularity of Airbnb and other similar services, more and more people are renting out their homes for short-term vacations. More and more people are taking advantage of this option to save money on travel costs, as well as to enjoy a home away from home without the hassle of maintaining a full-time residence. Because short-term vacation rentals are so popular, there are also a number of trends that you can take advantage of if you want to succeed with your rental property. Here are some things that you should keep in mind:
RedAwning takes the guess-work out of Lauderdale property management, and we work with you to ensure your Lauderdale short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.
See how much your Lauderdale vacation rental could earn:
Revenue Projections for Vacation Rentals in Fort Lauderdale/Lauderdale, Florida during December, 2023
Based on a 2 bedroom, which is the most common Lauderdale 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 Lauderdale vacation rental is available during these days.
$28085%1st
$28285%2nd
$26583%3rd
$25282%4th
$25081%5th
$25282%6th
$26083%7th
$28484%8th
$29184%9th
$26582%10th
$25481%11th
$25380%12th
$25580%13th
$26281%14th
$28782%15th
$29983%16th
$27582%17th
$26681%18th
$26981%19th
$27982%20th
$29983%21st
$34584%22nd
$36586%23rd
$36787%24th
$36188%25th
$35688%26th
$35089%27th
$35589%28th
$38390%29th
$40089%30th
$38888%31st
Average Daily Price & Percent Occupied Next Month In Lauderdale
Note: These averages are based on a 2 bedroom home in Fort Lauderdale. 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 Lauderdale, 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 Beach, Bradenton, Brooksville, Cape Canaveral, Captiva, Clearwater Beach, Clearwater, Clermont, Cocoa Beach, Dade City, Dania, Davenport, Daytona Beach, Englewood, Fort Lauderdale, Fort Myers, Haines City, Hollywood, Jacksonville Beach, Jacksonville, Jensen Beach, Key West, Kissimmee, Marathon, Marco Island, Miami Beach, Orlando, Miami, Naples, Navarre, New Port Richey, North Weeki Wachee, Palm Beach, Pompano Beach, Punta Gorda, Saint Petersburg, Sanibel, Sarasota, Satellite Beach, St. Augustine, St. Petersburg, Stuart, Surfside, Tampa, Vero Beach, West Palm Beach, Ft. Walton, Destin, Panama City Beach, Miramar, Siesta Key, Palm Coast, Flagler Beach, Georgetown, Datona Beach, New Smyrna Beach, Oak Hill, Melborne, Palm Bay, Fort Pierce, Delray Beach, Boca Raton, Brunswick, Hudson, Venice, Boca Grande, Bonita Springs, Everglades City, Okaloosa Island, Cape Coral, Daytona, Port St. Joe, Crystal River, Gainesville, Fort Myers Beach, Fort Walton Beach, Fernandina Beach, Santa Rosa Beach, Holmes Beach, Cape Haze, Saint Augustine, Miramar Beach, Treasure Island, Anna Maria, Inlet Beach, Navarre Beach, Inverness, Champions Gate, Hollywood Beach, Sunny Isles, Placida, Seacrest Beach, Rosemary Beach, Haines, Sunny Isles Beach, Indian Rocks Beach, Daytona Beach Shores, Okeechobee, Longboat Key, Reunion, Palm Harbor, Providence, Lake Buena Vista, Hernando, Cortez, Oakland Park, Melbourne, Seagrove Beach, Four Corners, Ft Myers Beach, Ormond Beach, Panama City, Crescent City, Largo, Davnport, Blue Mountain Beach, Saint Augustine Beach, Panama Beach City, Champion Gate, St. Pete Beach, Plantation, Kissimmiee, Kissimme, Marco Isand, Palmetto, Marco, Mirimar Beach, St Augustine, Hallandale Beach, Seminole, Indian Shores, Dvenport, Deltona, Dunedin, Ft. Myers Beach, Rotonda West, Hainescity, Eastpoint, Grayton Beach, Seaside, Pensacola Beach, Lake Placid, Shalimar, Port St. Lucie, Winter Haven, Ocala, Pensacola, Wilton Manors, Davie, Port Richey, Ocoee, Horseshoe Beach, North Miami Beach, Margate, Lehigh Acres, Lake Panasoffkee, Cutler Bay, Haverhill, Lake Wales, Golden Beach, Sea Ranch Lakes, Port Charlotte, Miami Lakes, Floral City, Homestead, St. Cloud, Orange Park, Gulf Breeze, North Port, Lighthouse Point, Hawthorne, Tarpon Springs, Duck Key, Riviera Beach, Dunnellon, South Daytona, Tamarac, Tallahassee, Auburndale, Pine Hills, Sebastian, Brandon, Fernandina, Cape San Blas, Cabo Coral, Sebring, Fort White, Interlachen, Saint James City, Pt Canaveral, Doral, Indialantic, Ind Hbr Bch, Homosassa Springs, Ruskin, Plant City, Poinciana, Quail Heights, Temple Terr, Miami Gardens, West Miami, Vlg Wellingtn, Ponte Vedra Beach, Coral Springs, Deerfield Beach, Spring Hill, Saint Aug Beach, and Palmetto Bay, Florida or view all of our vacation rental market reports
