Rent Your Vacation Home or Condo in Palm Beach, Florida

Vacation rentals offer a number of advantages for homeowners, including extra income and the ability to stay in their home while they’re away. But there are also some important things to keep in mind if you’re considering renting out your Palm Beach home as a short-term rental. Here are some of the most important things to keep in mind: There are a number of rules that must be followed when renting out your Palm Beach home as a short-term rental. This includes ensuring that your property is clean and well-maintained, and checking with your local authorities before renting out your Palm Beach home as a short-term rental.

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

Current Vacation Rental Trends in Palm Beach

During the month of November, North Palm Beach, for example, is projected to generate over $289/night for a 2 bedroom vacation rental, on average! There were 191 vacation active rental properties in Palm Beach.  178 are renting the entire place, and 13 are shared rooms.  On average, during the month of November 2023, each vacation rental property in North Palm Beach is booked 71% of the time, and most hosts are projected to generate $3,942 or more during the month of November! Is your home in Palm Beach, or another neighborhood in Palm Beach, Florida? See how much you could earn with your Palm Beach vacation rental.
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$289.00 Per Night*

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71% Occupied*

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$3,942.00 Per Month*

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

Vacation Rentals in Palm Beach 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 Palm Beach, Florida

Positive vacation rental trends in Palm Beach, Florida when you considering renting out your Palm Beach home as a short-term rental include: There are many reasons why people choose to rent out their homes for a short-term vacation. Some are looking for extra income; others want to try a new experience; and some are just looking for an affordable vacation home that offers more space and amenities than their own home. Regardless of the reason, renting out your Palm Beach home can offer a few perks that may make it worth your while. For one, it can allow you to save money on the rent by sharing your space with other people. Additionally, it can be a great way to meet new people or explore new parts of Palm Beach. Finally, it can be a fun experience that you’ll remember long after you return home.

Positive vacation rental trends to consider when renting out your Palm Beach home as a short-term rental: One of the most positive vacation rental trends in Palm Beach, Florida is the increase in short-term rentals. Because of these short-term rentals, tourists are flocking to the area and increasing demand for housing. Another positive vacation rental trend in Palm Beach, Florida is the increase in Airbnb listings. This shows that the short-term rental market is growing and there’s an increased demand for short-term rentals. Another positive vacation rental trend in Palm Beach, Florida is the increase in luxury rentals. With more affluent people moving to Palm Beach, there’s increased demand for luxury rentals.

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

See how much your Palm Beach vacation rental could earn:

Revenue Projections for Vacation Rentals in North Palm Beach/Palm Beach, Florida during December, 2023

Based on a 2 bedroom, which is the most common Palm Beach 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 Palm Beach vacation rental is available during these days.
 
$31674%1st
 
$31173%2nd
 
$30371%3rd
 
$29970%4th
 
$29970%5th
 
$28370%6th
 
$29370%7th
 
$30970%8th
 
$30768%9th
 
$30665%10th
 
$30665%11th
 
$30664%12th
 
$30965%13th
 
$30568%14th
 
$31471%15th
 
$27774%16th
 
$27072%17th
 
$27172%18th
 
$27273%19th
 
$27772%20th
 
$29573%21st
 
$29972%22nd
 
$32375%23rd
 
$31876%24th
 
$32875%25th
 
$30577%26th
 
$27177%27th
 
$28874%28th
 
$28973%29th
 
$30572%30th
 
$31569%31st
 

Average Daily Price & Percent Occupied Next Month In Palm Beach

Note: These averages are based on a 2 bedroom home in North Palm 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 Palm Beach, 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 WacheePompano 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 CityHomesteadSt. 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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