Melbourne Florida Vacation Rental Managers
Income Estimates And Tips To Run a Successful Short Term Rental in Melbourne, Updated October 2024
Rent Your Vacation Home or Condo in Melbourne, Florida
To begin with, there is a huge demand for vacation rentals in Melbourne, Florida. This is largely due to the warm weather and easy access to beaches and other attractions. Additionally, there are plenty of hotels in the area that offer short-term rental opportunities. So, if you’re looking for an affordable vacation rental, there are plenty of options. One of the biggest factors to consider when selecting a vacation rental home is location. You want to make sure that your home is close to restaurants and attractions. The surrounding area should also be safe, so you don’t have to worry about security issues or other events that may impact your vacation negatively.
When partnering with RedAwning for your property management needs, we can make sure your Melbourne rental is set up correctly and ready to generate the most amount of revenue possible per stay.
Current Vacation Rental Trends in Melbourne
During the month of November, Melbourne Beach, for example, is projected to generate over $349/night for a 3 bedroom vacation rental, on average! There were 376 vacation active rental properties in Melbourne. 364 are renting the entire place, and 12 are shared rooms. On average, during the month of November 2023, each vacation rental property in Melbourne Beach is booked 68% of the time, and most hosts are projected to generate $5,950 or more during the month of November! Is your home in Melbourne, or another neighborhood in Melbourne, Florida? See how much you could earn with your Melbourne vacation rental.
tag
$349.00 Per Night*
calendar
68% Occupied*
gauge
$5,950.00 Per Month*
* Based on the median average of all vacation rentals in the Melbourne area.
Get a free estimate for your home or condo.
Get a free estimate for your home or condo.
Featured Melbourne Vacation Rental Generating Record Profits With RedAwning
Gorgeous Urban Oasis with Hot Tub, HEATED POOL and Private Movie Theater Starting at $360 to $916 per night!
Feels like Home, you are one click away from making some amazing memories
This 3 bedroom, 1.5 bathrooms, Pool house with Private Hot Tub is just waiting for you. You won’t be disappointed.
This house is Beautifully furnished with a modern Zen Vibe. Private Pool in the back yard with plenty of pool accessories for lounging. Each room is fully furnished with its own style.
Please note this is a completely non-smoking property, including outdoors.... Read More
This Melbourne 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 Melbourne.
Successful short-term vacation rentals in Melbourne, Florida
Positive vacation rental trends in Melbourne, Florida include: The growth of short-term rentals has created a boost in tourism to Florida. There's also a growing demand for vacation rentals within the city of Melbourne and on the beaches nearby, as well as surrounding areas like Cocoa Beach, Yachats and Cape Canaveral. In addition, these short-term rentals provide an opportunity for property owners to enjoy the extra income while allowing visitors to enjoy a relaxing getaway in a beautiful location. You can rent out your home for as few as two weeks or up to several months at a time. With this option, you can also have more flexibility in terms of who you rent it to - from friends and family to Airbnb hosts looking for extra income.
Positive vacation rental trends in Melbourne, Florida include: People are opting to rent out their homes as a way to make extra money. One of the largest advantages of renting your home for short-term vacation rental is the profit potential. If you’re looking for an extra boost to your income, a short-term vacation rental offers the perfect solution. Renting out your home allows you to take some time off and spend some much-needed time with family and friends. This can be a great way to relieve stress and reconnect with loved ones. Renting out your home can also be a great way to earn some extra money. Depending on the type of vacation rental that you’re offering, you may even be able to earn some money each month just by renting out your house when it isn’t occupied by guests.
RedAwning takes the guess-work out of Melbourne property management, and we work with you to ensure your Melbourne short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.
See how much your Melbourne vacation rental could earn:
Revenue Projections for Vacation Rentals in Melbourne Beach/Melbourne, Florida during December, 2023
Based on a 3 bedroom, which is the most common Melbourne 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 Melbourne vacation rental is available during these days.
$37478%1st
$37178%2nd
$37076%3rd
$36976%4th
$36474%5th
$36474%6th
$36474%7th
$35676%8th
$35876%9th
$36375%10th
$36374%11th
$36674%12th
$36574%13th
$36774%14th
$37875%15th
$38075%16th
$38775%17th
$38274%18th
$39575%19th
$40076%20th
$41578%21st
$44081%22nd
$44884%23rd
$46584%24th
$46085%25th
$45387%26th
$43990%27th
$45690%28th
$46788%29th
$46189%30th
$43886%31st
Average Daily Price & Percent Occupied Next Month In Melbourne
Note: These averages are based on a 3 bedroom home in Melbourne Beach. 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 Melbourne, 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, 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, Lauderdale, 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
