Fort Wayne Indiana Vacation Rental Report
Success Stories & Vacation Rental Trends, Updated October 2022
The success of a Fort Wayne vacation rental is tied to the amount of preparation that’s done before the guest arrives. First and foremost, it is important to ensure that your property is in top condition. This means making sure there are no leaks or issues with the appliances or other fixtures. It also helps to be prepared ahead of time by having extra linens, towels and toiletries available. There are several things that can go wrong when allowing a guest to stay at your Fort Wayne home for an extended period of time. One is that guests may damage the property during their stay. The second is that they may not respect your privacy by snooping around or looking for drugs or illegal activity. And the third is that guests may become bored and start misbehaving, which could lead to problems with local authorities.
With people all over the world wanting to come experience the beauty of Fort Wayne, and with so many great things to do here, it’s no surprise that there are also a lot of people looking for ways to rent out their Fort Wayne home during these times. But while you may be tempted to rush out and start listing your house as a short-term rental right away, there are a few things you should keep in mind before doing so. First off, you should make sure that you’re comfortable with the idea of renting out your Fort Wayne home. If you’re not, then it might be best to hold off on trying to rent out your house. For example, if you don’t have the time or resources to properly prepare the house for potential renters and manage potential issues, then it might be best to just wait until you can handle this part of the process yourself. And second, you should make sure that you’re 100% sure that any potential renters will actually want to stay in your house. This may seem like an obvious one but it shouldn’t be taken lightly. For example, if your house is in need of some major renovations, it could be a big red flag for potential renters.
For savvy travelers, short-term vacation rentals offer a unique opportunity to experience the city they’re visiting in an entirely new way. Whether you’re looking for a quick getaway or long-term rental, there are plenty of perks to consider before choosing a Fort Wayne home as a vacation rental. Here are some of the top positive trends for short-term rental homes in Fort Wayne, Indiana: • Smaller guest houses and villas make it easier for travelers to find accommodations without having to worry about overbooking. • Air conditioning is often an important amenity for guests, so having this feature available in your Fort Wayne home makes it more appealing to potential renters. • Homeowners can benefit from extra money from renting out their Fort Wayne home on Airbnb or VRBO. This extra income can help them recoup some of their expenses while they’re away.
Note: These averages are based on a 2 bedroom home in Fort Wayne. 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.
If you are a speculative home buyer or have another home in Indiana, check out our other Indiana Vacation Rental Management reports in Bloomington, Indianapolis, and Michigan City, Indiana or view all of our vacation rental market reports