Rent Your Vacation Home or Condo in Peoria, Illinois

When you're considering renting out your Peoria home as a short-term rental, you'll want to be aware of the latest trends in the rental market. In particular, you'll want to be aware of the positive vacation rental trends in Peoria. Currently, there are a number of reasons why people are choosing to rent out their Peoria homes as vacation rentals. For starters, Peoria is a relatively affordable city, which makes it an attractive destination for those looking for a bargain. Additionally, Peoria's location in central Illinois makes it a convenient location for tourists and business travelers. And finally, Peoria's vibrant nightlife and cultural scene make it a fun and interesting destination for visitors. So if you're looking to earn some extra income from your Peoria home, consider renting it out as a short-term vacation rental. You'll be sure to enjoy all the benefits of this popular trend in the rental market.

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

Current Vacation Rental Trends in Peoria

During the month of November, Peoria Heights, for example, is projected to generate over $137/night for a 2 bedroom vacation rental, on average! There were 44 vacation active rental properties in Peoria.  44 are renting the entire place, and 0 are shared rooms.  On average, during the month of November 2023, each vacation rental property in Peoria Heights is booked 69% of the time, and most hosts are projected to generate $2,127 or more during the month of November! Is your home in Peoria, or another neighborhood in Peoria, Illinois? See how much you could earn with your Peoria vacation rental.

$137.00 Per Night*


68% Occupied*


$2,127.00 Per Month*

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

Vacation Rentals in Peoria 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 Peoria, Illinois

When you're considering renting out your Peoria home as a short-term rental, it's important to keep in mind the positive vacation rental trends in Peoria. Thanks to the growing popularity of VRBO and Airbnb, there are a wide variety of rental options available to residents and tourists alike. So whether you're looking for a quiet getaway or a bustling city center full of activities, you'll be able to find the perfect rental option in Peoria. One of the most popular types of rentals in Peoria are furnished rentals. This is because they offer homeowners the opportunity to earn extra income while enjoying their home away from home. Plus, furnished rentals are often cheaper than hotel rooms, and they come with all the amenities that guests expect - like TVs, kitchens, and bathrooms. Another trend that's been on the rise in Peoria is short-term rentals that include pets. Owners of pet-friendly rentals can earn money by renting out their homes to pet-owners who want to take their furry friends with them on vacation. Plus, pet-owners tend to be loyal customers, so you're likely to find repeat customers on a pet-friendly rental. So whether you're looking for a relaxing retreat or a lively city center full of activities, you'll be able to find the perfect rental option in Peoria thanks to the growing popularity of VRBO and Airbnb.

When you're thinking about renting out your Peoria home as a short-term rental, you'll want to be aware of the positive vacation rental trends in Peoria. Here are a few things to keep in mind: 1. Peoria is a growing city, and there are a lot of people who are looking for a good vacation rental option. 2. The city is well-connected, so you won't have any trouble getting to your rental property. 3. There are a lot of great amenities available in Peoria, including great restaurants and attractions. 4. The property will be well-maintained, and you'll be able to enjoy your vacation without having to worry about any repairs. If you're looking for a relaxing, hassle-free vacation rental experience, look no further than Peoria.

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

See how much your Peoria vacation rental could earn:

Revenue Projections for Vacation Rentals in Peoria Heights/Peoria, Illinois during December, 2023

Based on a 2 bedroom, which is the most common Peoria 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 Peoria vacation rental is available during these days.

Average Daily Price & Percent Occupied Next Month In Peoria

Note: These averages are based on a 2 bedroom home in Peoria Heights. 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 Peoria, Illinois?

If you are a speculative home buyer or have another home in Illinois, check out our other Illinois Vacation Rental Management reports in AltonAuroraChampaignChicagoEvanstonGalenaOak ParkPontiacRockfordSpringfieldJerusalemBellevilleLincolnNorth AuroraHoliday HillsO'FallonBull ValleyPark ForestPlainfieldMelrose ParkBentonBolingbrookSavoyCarlinvilleDes Plaines,  and Swansea, Illinois or view all of our vacation rental market reports

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