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

Short-term rental trends in Paducah, Kentucky are on the rise. As more people discover how short term rentals can help them earn extra money, Paducah is seeing an increase in tourists looking to rent a paducah home for a few days or weeks. While short term vacation rentals can be a great way to earn some extra cash, there are some things you need to keep in mind before considering renting your Paducah home out for short term tourism. First and foremost, you'll want to make sure your paducah house is in good condition and that it meets all local codes and regulations. You also want to make sure that you're asking the right price for your property because you don't want to overcharge tourists. Finally, you'll want to make sure that the renter is going to be a responsible guest by not leaving any trash behind and making sure they take care of any maintenance issues during their stay. By following these simple tips, you'll be able to successfully rent out your Paducah home as a short-term tourism rental without any problems.

Current Vacation Rental Trends in Paducah

During the month of September, Paducah is projected to generate over $134/night for a 2 bedroom vacation rental, on average! There were 120 vacation active rental properties in Paducah.  96 are renting the entire place, and 24 are shared rooms.  On average, during the month of September 2022, each vacation rental property in Paducah is booked 70% of the time, and most hosts are projected to generate $1,917 or more during the month of September! See how much you could earn with our free vacation rental income calculator.
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$134.00 Per Night*

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70% Occupied*

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$1,917.00 Per Month*

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

Vacation Rentals in Paducah are Generating Record Profits with RedAwning

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Successful short-term vacation rentals in Paducah, Kentucky

Paducah vacation rentals are a great way to make extra money while enjoying the area. With Paducah’s increasing popularity, there are more opportunities to earn money as a short-term rental property owner. These Paducah vacation rentals provide visitors with an affordable and unique way to experience the city. Many people choose to vacation in Paducah because of its location between two scenic rivers. The Ohio and the Mississippi Rivers offer beautiful views and amazing recreational opportunities. There are also many historic sites and museums nearby for exploring. There is no shortage of things to do in Paducah, Kentucky when you rent out your paducah home as a short term rental. Whether you want to explore the city’s rich history or enjoy the area’s natural beauty, your paducah vacation rental has it all. The majority of Paducah vacation rentals are located near local attractions like the Riverwalk and Boone Caverns. These Paducah vacation rentals make it easy for guests to get around town. They can easily access public transportation too, such as buses and taxis. As a short-term rental property owner, you have the opportunity to earn extra income from your paducah home. With low vacancy rates, there are plenty of opportunities to find renters who will pay top dollar for your paducah home’s short-term rental space.

When selecting a vacation rental in Paducah, you will notice that there are two main trends. The first is the rise in short-term rentals. This means that travelers are choosing Paducah as a destination, renting out a Paducah home while they’re here and then leaving when their trip is over. As a result, short-term rentals have increased over the past few years in Paducah, making it easier for visitors to find an affordable Paducah rental home. It’s also important to note that short-term rentals aren’t just limited to Paducah homes. There are also vacation rental apartments in Paducah that can be rented out by guests for extended stays. As the second trend, there has been an increase in vacation rentals that cater to families. This means that travelers can find plenty of Paducah vacation rentals with amenities such as pools and playgrounds for kids to enjoy.

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

Based on a 2 bedroom, which is the most common Paducah 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 Paducah vacation rental is available during these days.
 
$17575%1st
 
$15075%2nd
 
$14873%3rd
 
$14872%4th
 
$14972%5th
 
$15272%6th
 
$18178%7th
 
$18381%8th
 
$15580%9th
 
$14974%10th
 
$14572%11th
 
$14572%12th
 
$14777%13th
 
$17379%14th
 
$17782%15th
 
$15675%16th
 
$15072%17th
 
$15173%18th
 
$15275%19th
 
$15674%20th
 
$18578%21st
 
$18478%22nd
 
$15374%23rd
 
$14974%24th
 
$15175%25th
 
$15473%26th
 
$15772%27th
 
$17074%28th
 
$17474%29th
 
$15470%30th
 
$14969%31st
 

Average Daily Price & Percent Occupied Next Month In Paducah

Note: These averages are based on a 2 bedroom home in Paducah. 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 Paducah, 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 GreenCovingtonLexingtonLouisvilleNewportOwensboroShelbyville,  and Williamstown, Kentucky or view all of our vacation rental market reports

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