How to Rent Your Vacation Home or Condo in Lexington, Kentucky

When it comes to vacation rentals, there are a few trends that you can keep in mind. First and foremost, you should know what kind of property you’re looking for. Are you looking for a house? An apartment? A condo? These are some of the questions that you should ask yourself before making a decision. When it comes to renting out your Lexington home as a short-term rental, there are some things that you should also know. First, make sure that your property is in good condition. Is it safe? Clean? This is especially important if kids are going to be staying at the property during their vacation. Also, make sure that your property is well-lit and has plenty of parking space. All of these factors will contribute to the success of your short-term rental in Lexington, Kentucky.

Current Vacation Rental Trends in Lexington

During the month of September, Lexington is projected to generate over $173/night for a 2 bedroom vacation rental, on average! There were 962 vacation active rental properties in Lexington.  884 are renting the entire place, and 78 are shared rooms.  On average, during the month of September 2022, each vacation rental property in Lexington is booked 71% of the time, and most hosts are projected to generate $2,620 or more during the month of September! See how much you could earn with our free vacation rental income calculator.
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$173.00 Per Night*

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71% Occupied*

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$2,620.00 Per Month*

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

Featured Lexington Vacation Rental Generating Record Profits with RedAwning

Andrea Abode Starting at $174 to $679 per night!

Andrea Abode is a home away from home on a quiet street in an extremely nice neighborhood in Lexington, KY. With over 2,500 SQ ft of house on a half acre, this house is a spacious, quiet home. The Andrea Abode features a large living room; fully stocked eat-in kitchen with premium cooking utensils; comfy dining room; large game room with pool table, games, and large TV; 5 bedrooms, comfortably sleeping a total of 14, and each containing their own tv; 2 full bathrooms; and a washer/dryer. If... Read More

This Lexington 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 Lexington.

See how much your Lexington vacation rental could earn:

Successful short-term vacation rentals in Lexington, Kentucky

Whether you want to earn extra income or simply enjoy a relaxing vacation in the Bluegrass State, there are plenty of benefits to renting out your Lexington home on Airbnb. Some of the top benefits of renting out your Lexington home on Airbnb include: To help you decide if short-term rental is right for you, here are some positive trends you may notice when you rent out your Lexington home on Airbnb:

When it comes to renting out your home in Lexington, there are a few things you need to keep in mind. For starters, you’ll want to think about how much time you plan on spending away from the house. If you’re expecting people to stay for more than a week, you’ll need to make sure that everything is in order (i.e. your dog is fed, the house has been cleaned and organized, etc.). Another thing to keep in mind is the size of your home. While most people don’t have issues with having too many guests over, there is a limit to how many people can fit into a space. When renting out your Lexington home as a short-term rental, you should try to avoid having more than 2 or 3 guests at once. This will help ensure that everyone will have enough space so they aren’t bumping into each other or tripping over things. To help ensure that your home is being used responsibly and that it isn’t being used for illegal activities (even if it might seem like it), be sure to ask your guests if they plan on smoking inside and/or drinking alcohol while they are at your house.

Revenue Projections for Vacation Rentals in Lexington, Kentucky during October, 2022

Based on a 2 bedroom, which is the most common Lexington 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 Lexington vacation rental is available during these days.
 
$23580%1st
 
$19376%2nd
 
$18975%3rd
 
$19175%4th
 
$19577%5th
 
$22185%6th
 
$35895%7th
 
$35396%8th
 
$21983%9th
 
$19778%10th
 
$19677%11th
 
$19779%12th
 
$21483%13th
 
$29990%14th
 
$28690%15th
 
$20177%16th
 
$19173%17th
 
$19174%18th
 
$19276%19th
 
$21381%20th
 
$27685%21st
 
$27485%22nd
 
$20176%23rd
 
$18373%24th
 
$18273%25th
 
$18674%26th
 
$19176%27th
 
$25280%28th
 
$25480%29th
 
$17875%30th
 
$17773%31st
 

Average Daily Price & Percent Occupied Next Month In Lexington

Note: These averages are based on a 2 bedroom home in Lexington. 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 Lexington, Kentucky?

If you are a speculative home buyer or have another home in Kentucky, check out our other Kentucky Vacation Rental Management reports in BardstownBowling GreenCovingtonLouisvilleNewportOwensboroPaducahShelbyville,  and Williamstown, Kentucky or view all of our vacation rental market reports

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