Rent Your Vacation Home or Condo in Bloomington, Indiana

Positive rental trends in Bloomington, Indiana include: Affordable vacation rental trends Short-term rental opportunity Great location Accessible to major attractions and events The positive rental trends in Bloomington, Indiana are great reasons to consider renting out your home as a short-term rental. A short-term rental is an affordable way to make extra money while you are away and enjoy the city. Homeowners can also benefit by renting out their home for a few weeks or months without having to deal with maintenance or repairs. If you have a unique property that you would like to rent out, Bloomington, Indiana is a great place to start.

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

Current Vacation Rental Trends in Bloomington

During the month of February, Bloomington is projected to generate over $183/night for a 2 bedroom vacation rental, on average! There were 483 vacation active rental properties in Bloomington.  401 are renting the entire place, and 82 are shared rooms.  On average, during the month of February 2023, each vacation rental property in Bloomington is booked 42% of the time, and most hosts are projected to generate $1,657 or more during the month of February! See how much you could earn with our free vacation rental income calculator.
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$183.00 Per Night*

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42% Occupied*

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$1,657.00 Per Month*

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

Vacation Rentals in Bloomington 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 Bloomington, Indiana

Positive trends in Bloomington, Indiana when renting out your home as a vacation rental are: 1. There is growing demand for short-term rentals in Bloomington, Indiana with visitors to the area looking for more vacation options. 2. Hotels and B&Bs in Bloomington, Indiana can be pricey so short-term rentals provide savings. 3. Short-term rentals provide flexibility in terms of availability and dates/times. 4. On-demand vacation rentals allow homeowners to earn additional income from guests who are on limited budgets; however, it is important to keep in mind that costs can add up quickly when a property is rented without being kept up to proper standards (i.e., utilities, property taxes, insurance).

Positive vacation rental trends in Bloomington, Indiana when you considering renting out your Bloomington home as a short-term rental Bright colors and open spaces are two of the biggest trends for summer rentals. Even if your home is small and located in a crowded neighborhood, it can still be an attractive option for people looking for a unique experience. Bright colors and open spaces are two other popular options for short-term rentals in Bloomington, Indiana. People who want to find a place to relax away from the crowds are often drawn to vacation homes that provide more space and privacy. And while this trend may not be applicable to everyone, it could bring more visitors to your property while providing additional revenue.

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

See how much your Bloomington vacation rental could earn:

Revenue Projections for Vacation Rentals in Bloomington, Indiana during March, 2023

Based on a 2 bedroom, which is the most common Bloomington 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 March. Higher bars below can command higher prices, if your Bloomington vacation rental is available during these days.
 
$21676%1st
 
$21677%2nd
 
$27381%3rd
 
$27681%4th
 
$22677%5th
 
$21175%6th
 
$21576%7th
 
$21376%8th
 
$21676%9th
 
$25775%10th
 
$25775%11th
 
$21375%12th
 
$21175%13th
 
$21175%14th
 
$21175%15th
 
$21776%16th
 
$26176%17th
 
$26076%18th
 
$21375%19th
 
$21174%20th
 
$20974%21st
 
$21075%22nd
 
$21175%23rd
 
$25076%24th
 
$25877%25th
 
$20575%26th
 
$20975%27th
 
$20974%28th
 
$20875%29th
 
$21476%30th
 
$27879%31st
 

Average Daily Price & Percent Occupied Next Month In Bloomington

Note: These averages are based on a 2 bedroom home in Bloomington. 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 Bloomington, Indiana?

If you are a speculative home buyer or have another home in Indiana, check out our other Indiana Vacation Rental Management reports in Fort WayneIndianapolisMichigan CitySouth BendSalemPorterTrail CreekCarmelUticaGaryWarsaw,  and Granger, Indiana or view all of our vacation rental market reports

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