How to Rent Your Vacation Home or Condo in Galena, Illinois

There are more Galena vacation rental options available now than ever before, with the demand for short-term rentals on the rise. With so many travelers looking to use Airbnb and VRBO as a way to save money, it’s no surprise that Galena, IL is one of the most popular vacation rental locations in the country. In fact, Galena is among the top-10 cities for Airbnb hosts in America, which means it has an active inventory of available accommodations. When choosing a place to stay in Galena, make sure to consider local amenities, such as quality restaurants, shopping options, and convenient public transportation. Even if you aren’t renting out your home for any longer than two weeks, it’s important to consider whether or not there will be plenty of things to do in Galena during your visit. If you are looking for a quiet getaway with plenty of outdoor activities and beautiful scenery, then a home may be a good option to consider.

Current Vacation Rental Trends in Galena

During the month of September, Galena is projected to generate over $344/night for a 3 bedroom vacation rental, on average! There were 479 vacation active rental properties in Galena.  456 are renting the entire place, and 23 are shared rooms.  On average, during the month of September 2022, each vacation rental property in Galena is booked 75% of the time, and most hosts are projected to generate $6,130 or more during the month of September! See how much you could earn with our free vacation rental income calculator.
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$344.00 Per Night*

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74% Occupied*

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$6,130.00 Per Month*

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

Featured Galena Vacation Rental Generating Record Profits with RedAwning

Downtown Galena Spacious Apartment Starting at $150 to $912 per night!

 Located on Main Street in the heart of Galena's Historic District! Clean, quiet and newly remodeled, this spacious apartment has all you need for a relaxing stay!  Walk to shops and restaurants.  Private Parking included.

Offers a King and Queen size bed. Perfect for couples or small groups. Make your morning coffee or tea in the kitchenette before you set off for a day of adventures. 

**No stove.**

Above the Noty Kity Boutique on Main... Read More

This Galena 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 Galena.

See how much your Galena vacation rental could earn:

Successful short-term vacation rentals in Galena, Illinois

When it comes to renting out your Galena home as a vacation rental, there are a number of things to keep in mind. One of the top trends right now is the rise in short-term rentals for families. These are often offered with lower rates than traditional long-term rentals, making them attractive for weekend getaways or weeklong vacations. Another big trend is the rise of VRBO (Vacation Rental By Owner). This is a great way to earn extra cash by renting out your home when you’re not there — and it can be a great way to meet new people and make some friends. And finally, stay away from properties that don’t have high ratings from past guests. If you want to make sure you’re getting good reviews, then keep an eye on TripAdvisor, VRBO or Expedia.

Positive vacation rental trends in Galena, Illinois when you considering renting out your Galena home as a short-term rental are that more people are traveling. This means that more homes are available to rent for short-term vacation rentals. Even if you don’t live in Galena, there is still demand for short-term rentals in the area. That means you can make some extra money by renting your home for vacation stays or weekend getaways. You can also choose to rent out your home for a longer period of time, like a year or even longer. You could also consider renting out your home for an entire season. This is especially true if you are looking to make some extra money on the side while you focus on other projects at the same time.

Revenue Projections for Vacation Rentals in Galena, Illinois during October, 2022

Based on a 3 bedroom, which is the most common Galena 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 October. Higher bars below can command higher prices, if your Galena vacation rental is available during these days.
 
$38391%1st
 
$32178%2nd
 
$30473%3rd
 
$30373%4th
 
$30374%5th
 
$31479%6th
 
$38395%7th
 
$38896%8th
 
$33786%9th
 
$31177%10th
 
$30073%11th
 
$29773%12th
 
$31078%13th
 
$42792%14th
 
$43791%15th
 
$31977%16th
 
$30073%17th
 
$30074%18th
 
$30274%19th
 
$31878%20th
 
$40290%21st
 
$40189%22nd
 
$31175%23rd
 
$29772%24th
 
$29971%25th
 
$30372%26th
 
$31676%27th
 
$38185%28th
 
$38785%29th
 
$32575%30th
 
$30470%31st
 

Average Daily Price & Percent Occupied Next Month In Galena

Note: These averages are based on a 3 bedroom home in Galena. 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 Galena, Illinois?

If you are a speculative home buyer or have another home in Illinois, check out our other Illinois Vacation Rental Management reports in AltonAuroraChampaignChicagoEvanstonOak ParkPontiacRockford,  and Springfield, Illinois or view all of our vacation rental market reports

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