Overland Park Kansas Vacation Rental Report
Success Stories & Vacation Rental Trends, Updated September 2022
Short-term rental preferences in Overland Park, Kansas are showing some signs of growth. The number of Airbnb bookings in Overland Park has increased by more than 50% since 2016. This increase is especially true for short-term rentals of one week or less. The short-term rental market has also seen a significant increase in the number of vacation rentals focused on families with children. In addition to offering great value, these rentals tend to be very family friendly, which is appealing to many families looking for a fun and affordable getaway! There are a few things that you should keep in mind when renting out your Overland Park home as a short-term rental: >> >> >> Know your neighborhood - Research the area before putting up a listing. Check with local businesses and residents to make sure that your rental will fit into the community. Pay attention to local noise regulations - If you plan to host events and activities, check with your neighbors first to make sure they’re cool with it all. >> >> >> Be prepared - Be sure that you have all necessary permits, security measures and supplies before you list your rental. >> >> >> Be flexible - Be open to new opportunities and upcoming plans. You never know when someone may be interested in your property again! >> >>
Positive vacation rental trends in Overland Park, Kansas when you considering renting out your Overland Park home as a short-term rental are that the demand for short-term rentals is on the rise. The increase in short-term rentals comes from many factors, including a desire to have an extra income stream, increased tourism, and having a more flexible vacation schedule. These positive rental trends are increasing because of an increase in demand for short-term rentals in Overland Park, Kansas. The demand for short-term rentals is also increasing because it offers more flexibility for visitors and homeowners alike. For homeowners looking to have an extra income stream, short-term rentals offer opportunities to charge upfront fees and keep rent money while they are not at home. For visitors who want to stay closer to the city center or downtown area, renting an entire home can be more cost effective than staying in a hotel. There are several advantages of renting out your home during your vacation time. First and foremost, renting out your home allows you to earn some extra money without having to worry about maintenance or repairs (while also keeping your house neat and organized). Second, renting out your home provides you with a flexible vacation schedule - you can choose when and where you want to go without having to worry about flights or other travel expenses. Third, renting out your home lets you socialize with other people who may have similar interests
Positive vacation rental trends in Overland Park, Kansas when you considering renting out your Overland Park home as a short-term rental: There is a growing demand for vacation rentals in Overland Park, KS. With the number of visitors to the area growing, it’s no wonder that more and more people are choosing to rent their homes for the holidays or for other short-term stays. Not only does this give visitors a chance to experience life in a local community, but it can also bring significant revenue to owners who might not otherwise have had the opportunity to earn money from their homes during these times. For many homeowners, renting out their home is a great way to earn some extra income. It can be tempting to simply list your house on sites like Airbnb and let others pay you money each day, but it’s important to take the time to consider all of the factors involved before making any decisions. Many people are hesitant to rent out their homes because they worry that they won’t get enough return on investment. This can be a legitimate concern if your property isn’t in an ideal location or if you decide to charge too much for your rental. By carefully weighing all of these factors and taking care of any maintenance issues before you start listing your home, you can maximize your potential income from this type of business.
Note: These averages are based on a 3 bedroom home in Overland Park. 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 Kansas, check out our other Kansas Vacation Rental Management reports in Topeka, and Wichita, Kansas or view all of our vacation rental market reports