Louisville Kentucky Vacation Rental Management
Income Estimates And Tips To Run a Successful Short Term Rental in Louisville, Updated October 2024
Rent Your Vacation Home or Condo in Louisville, Kentucky
When you’re looking to rent out your Louisville, Kentucky home as a short-term rental, there are a few key things to consider. One of the biggest considerations is the location. If you want to make sure that you’re getting good returns on your investment, it’s important to pick a location that is accessible by public transportation or that has easy access to parking. Another big factor to consider is whether or not your home has any special amenities that would make it stand out from all of the other short-term rental listings in the area. This can include things like a washer and dryer in the unit, Wi-Fi, or even a pool. Finally, be sure to check in with the local government to see what regulations and guidelines apply when it comes to short-term rentals.
When partnering with RedAwning for your property management needs, we can make sure your Louisville rental is set up correctly and ready to generate the most amount of revenue possible per stay.
Current Vacation Rental Trends in Louisville
During the month of November, Louisville is projected to generate over $179/night for a 2 bedroom vacation rental, on average! There were 2,709 vacation active rental properties in Louisville. 2,468 are renting the entire place, and 241 are shared rooms. On average, during the month of November 2023, each vacation rental property in Louisville is booked 59% of the time, and most hosts are projected to generate $2,577 or more during the month of November! See how much you could earn with our free vacation rental income calculator.
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$179.00 Per Night*
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58% Occupied*
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$2,577.00 Per Month*
* Based on the median average of all vacation rentals in the Louisville area.
Get a free estimate for your home or condo.
Get a free estimate for your home or condo.
Vacation Rentals in Louisville 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 Louisville, Kentucky
New Orleans is among the most popular destinations in the United States when it comes to short-term vacation rentals. The city is home to numerous attractions, including some of the country’s most iconic landmarks. Additionally, many visitors opt to stay in New Orleans for its affordability and low cost of living. While New Orleans is a great place to visit, it may not be the best fit for everyone. If you’re looking for a more affordable option, consider renting out your Louisville home on Airbnb as a short-term rental. Not only can you earn extra income, but you can also take advantage of the opportunity to meet new people and experience a new culture.
The Louisville, Kentucky area has become a popular vacation rental destination in recent years. This is in part due to the increasing number of people looking to get away from the hustle and bustle of city life for a few days or a week. It is also due to the fact that Louisville is a beautiful place to visit, with some fantastic attractions and plenty of things to see and do. As a result, there are lots of positive trends when it comes to renting out your Louisville home as a short-term rental. These include: There are plenty of great amenities close by if you need them, including grocery stores and restaurants. It is easy to find short-term rentals available in the area, which means that you don’t have to spend time searching for them yourself. There is generally a good supply of property when it comes to short-term rentals, so you won’t have trouble finding something that you like.
RedAwning takes the guess-work out of Louisville property management, and we work with you to ensure your Louisville short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.
See how much your Louisville vacation rental could earn:
Revenue Projections for Vacation Rentals in Louisville, Kentucky during December, 2023
Based on a 2 bedroom, which is the most common Louisville 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 Louisville vacation rental is available during these days.
$20582%1st
$20882%2nd
$18079%3rd
$17878%4th
$18378%5th
$18679%6th
$19682%7th
$21983%8th
$21782%9th
$18278%10th
$17676%11th
$17475%12th
$17775%13th
$17775%14th
$20276%15th
$20576%16th
$18475%17th
$18075%18th
$18075%19th
$18375%20th
$18875%21st
$21076%22nd
$21577%23rd
$19677%24th
$19177%25th
$18877%26th
$18877%27th
$18877%28th
$21676%29th
$23576%30th
$22075%31st
Average Daily Price & Percent Occupied Next Month In Louisville
Note: These averages are based on a 2 bedroom home in Louisville. 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 Louisville, Kentucky?
If you are a speculative home buyer or have another home in Kentucky, check out our other Kentucky Vacation Rental Management reports in Bardstown, Bowling Green, Covington, Lexington, Newport, Owensboro, Paducah, Shelbyville, Williamstown, Bellevue, Finley, Wilsonville, Glasgow, Richmond, Pomeroyton, Lakeview Heights, Gillmore, Calvary, Simpsonville, and Maud, Kentucky or view all of our vacation rental market reports
