Lake Charles Louisiana Vacation Rental Management
Income Estimates And Tips To Run a Successful Short Term Rental in Lake Charles, Updated October 2024
Rent Your Vacation Home or Condo in Lake Charles, Louisiana
By taking advantage of the growing number of vacation rental investors, you can make more money renting out your Lake Charles home while enjoying a little vacation time. One obvious benefit of short-term rentals is that you can earn extra income. However, it’s important to consider the potential risks when deciding whether to rent out your property. Some municipalities have strict short-term rental regulations that may limit your ability to earn an income. If you want to take the chance, read up on local laws and regulations before renting out your property. Other potential risks include damage to your home, vandalism and theft. Before deciding whether to rent out your property, it’s also important to consider the cost of keeping it up. While short-term rentals are a great way to earn extra income, they can also add strain on your life if you have to be present during your guests’ stay. If you want to take the chance, read up on local laws and regulations before renting out your property.
When partnering with RedAwning for your property management needs, we can make sure your Lake Charles rental is set up correctly and ready to generate the most amount of revenue possible per stay.
Current Vacation Rental Trends in Lake Charles
During the month of November, Lake Charles is projected to generate over $166/night for a 2 bedroom vacation rental, on average! There were 452 vacation active rental properties in Lake Charles. 426 are renting the entire place, and 26 are shared rooms. On average, during the month of November 2023, each vacation rental property in Lake Charles is booked 46% of the time, and most hosts are projected to generate $1,591 or more during the month of November! See how much you could earn with our free vacation rental income calculator.
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$166.00 Per Night*
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45% Occupied*
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$1,591.00 Per Month*
* Based on the median average of all vacation rentals in the Lake Charles area.
Get a free estimate for your home or condo.
Get a free estimate for your home or condo.
Vacation Rentals in Lake Charles 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 Lake Charles, Louisiana
Positive vacation rental trends in Lake Charles, Louisiana when you considering renting out your Lake Charles home as a short-term rental include: Over the past few years, the number of visitors to Lake Charles, Louisiana has increased. This growth in visitors is a positive trend for the area’s tourism economy. As more people travel to Lake Charles, local businesses benefit from increased spending. Another positive trend associated with short-term rentals is that they reduce housing shortages in the area. When more people are able to stay in homes throughout the year, there is less pressure on landlords to build new housing. As a result, more homes can be rented out each year.
Positive vacation rental trends for short-term Lake Charles home rentals are: - 1) the rise of Airbnb and VRBO in Lake Charles, Louisiana - 2) the rise of HomeAway in Lake Charles, Louisiana - 3) the increasing popularity of lake houses in Lake Charles, Louisiana There are many benefits to renting out your short-term Lake Charles home as a vacation rental. It can be a great way to make extra money, especially if you have a large property that can accommodate multiple guests. And it can also be an ideal way to relax with family and friends at the end of a long work week. In addition, it can be a great way to experience a unique part of the world while saving money by avoiding expensive hotel accommodations. And it can also be an ideal way to experience a unique part of the world while saving money by avoiding expensive hotel accommodations.
RedAwning takes the guess-work out of Lake Charles property management, and we work with you to ensure your Lake Charles short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.
See how much your Lake Charles vacation rental could earn:
Revenue Projections for Vacation Rentals in Lake Charles, Louisiana during December, 2023
Based on a 2 bedroom, which is the most common Lake Charles 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 Lake Charles vacation rental is available during these days.
$14378%1st
$14579%2nd
$14276%3rd
$14175%4th
$14175%5th
$14175%6th
$13975%7th
$14376%8th
$14475%9th
$13974%10th
$13974%11th
$13974%12th
$14074%13th
$14074%14th
$14475%15th
$14475%16th
$14075%17th
$13974%18th
$13974%19th
$13975%20th
$14075%21st
$14976%22nd
$15176%23rd
$14976%24th
$14676%25th
$14676%26th
$14475%27th
$14474%28th
$14974%29th
$14875%30th
$14474%31st
Average Daily Price & Percent Occupied Next Month In Lake Charles
Note: These averages are based on a 2 bedroom home in Lake Charles. 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 Lake Charles, Louisiana?
If you are a speculative home buyer or have another home in Louisiana, check out our other Louisiana Vacation Rental Management reports in Alexandria, Baton Rouge, Bossier City, Houma, Lafayette, Monroe, Natchitoches, New Orleans, Pineville, Shreveport, Slidell, Ponchatoula, Covington, and Cypremort Point, Louisiana or view all of our vacation rental market reports
