Rent Your Vacation Home or Condo in Melborne, Florida

Positive vacation rental trends in Melborne, Florida when you considering renting out your Melborne home as a short-term rental. To get started with short-term vacation rentals there are several things to keep in mind. First, it’s important to make sure the home is safe and well-maintained. Next, it’s essential to consider everything from the length of your stay to the number of guests you’re willing to accommodate. And finally, it’s crucial to understand that short-term rentals can be a great way to make extra money if you do it right. But, if you end up having an issue with your tenant or need to take them back for any reason, then you will likely find yourself on the hook for all the associated costs too. That’s why it’s important to have a solid plan in place before getting started with short-term vacation rentals in Melborne, Florida.

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

Current Vacation Rental Trends in Melborne

During the month of October, Melbourne, for example, is projected to generate over $172/night for a 2 bedroom vacation rental, on average! There were 532 vacation active rental properties in Melborne.  393 are renting the entire place, and 139 are shared rooms.  On average, during the month of October 2022, each vacation rental property in Melbourne is booked 65% of the time, and most hosts are projected to generate $2,200 or more during the month of October! Is your home in Melborne and areas including , 32901, or another neighborhood in Melborne, Florida? See how much you could earn with your Melborne vacation rental.
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$172.00 Per Night*

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65% Occupied*

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$2,200.00 Per Month*

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

Vacation Rentals in Melborne 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 Melborne, Florida

As more people are choosing to travel and vacation in Melborne, Florida, a growing number of visitors are turning to home rentals as an alternative to hotels. Short-term vacation rentals offer many advantages over traditional hotel lodging, including the opportunity to save money and enjoy greater flexibility. But short-term rental platforms can be difficult to navigate, so it’s important for homeowners to do their research before making a decision. By screening prospective renters carefully, keeping an eye out for signs of trouble, and abiding by local regulations, you can ensure that your Melborne vacation home is a safe and enjoyable experience for all.

It’s important to understand the Fair Housing Laws in Melborne, FL when you are looking to list your property as a vacation rental. As a renter, you have the right to be treated fairly and equally by the owners, landlords, or property managers. This means that you should be aware of any potential Fair Housing Laws exemptions to your rental agreement such as age, marital status, income level and disability while being fair to all tenants. Another important thing to consider is that short-term rental properties may attract different types of guests than long-term rentals do. If this is an issue for you, please consider making sure that your home is ready for an extended stay.

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

See how much your Melborne vacation rental could earn:

Revenue Projections for Vacation Rentals in Melbourne/Melborne, Florida during November, 2022

Based on a 2 bedroom, which is the most common Melborne 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 Melborne vacation rental is available during these days.
 
$17280%1st
 
$17280%2nd
 
$17280%3rd
 
$18180%4th
 
$18180%5th
 
$17280%6th
 
$17280%7th
 
$17280%8th
 
$17580%9th
 
$18082%10th
 
$18482%11th
 
$18282%12th
 
$17581%13th
 
$17279%14th
 
$17179%15th
 
$17279%16th
 
$17379%17th
 
$18080%18th
 
$17582%19th
 
$17281%20th
 
$17482%21st
 
$17883%22nd
 
$19184%23rd
 
$19384%24th
 
$20184%25th
 
$19783%26th
 
$17681%27th
 
$16880%28th
 
$17179%29th
 
$17278%30th
 

Average Daily Price & Percent Occupied Next Month In Melborne

Note: These averages are based on a 2 bedroom home in Melbourne. 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 Melborne, 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 HillPalm 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 HavenOcala,  and Pensacola, Florida or view all of our vacation rental market reports

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