Rent Your Vacation Home or Condo in New Orleans, Louisiana

There are a number of positive trends that you can look forward to when you rent out your home in New Orleans and this includes the following: The number of people who are looking to rent out their homes is increasing all over the world due to a variety of factors. There is an increased demand for short-term rentals such as vacation rentals and these people are looking for vacation rentals that have a modern design. If you plan on renting out your home, you should keep this in mind when you plan on doing so.

When partnering with RedAwning for your property management needs, we can make sure your New Orleans rental is set up correctly and ready to generate the most amount of revenue possible per stay.

Current Vacation Rental Trends in New Orleans

During the month of November, New Orleans and areas including Mid-City District, Central Business District/Warehouse District, Central Business District, Marigny/Bywater, Central City, French Quarter, Mid City, Seventh Ward, Lower Garden District, Treme, SevenWard, St. Claude/St. Roch, Uptown, East and West Riverside, Riverbend, Bayou St. John, Fairgrounds, Tulane/Gravier, Milan, Irish Channel, Broadmoor, Fontainebleau, New Orleans East, Gentilly Terrace, East Carrollton, City Park, Touro, Iberville, Freret, Garden District, Jefferson, Filmore, Lakeview, Milneburg, Dillard, St. Anthony, Gert Town, Hollygrove, and Navarre are projected to generate over $227/night for a 2 bedroom vacation rental, on average! There were 7,342 vacation active rental properties in New Orleans.  6,666 are renting the entire place, and 676 are shared rooms.  On average, during the month of November 2023, each vacation rental property in New Orleans is booked 65% of the time, and most hosts are projected to generate $3,549 or more during the month of November! See how much you could earn with our free vacation rental income calculator.
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$227.00 Per Night*

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65% Occupied*

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$3,549.00 Per Month*

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

Featured New Orleans Vacation Rental Generating Record Profits With RedAwning

Lovely 3 BR home only 15mins from downtown NOLA with Heated Pool / Permit #21-RSTR-19923 Starting at $599 to $900 per night!

This 4500sq. ft. beautiful home offers 3 bedrooms, 2.5 bathrooms, living room, dining room, fully equipped gourmet kitchen, kitchenette and a game room. The house sleeps 6 people comfortably.

The house is located in a very safe location! It's completely private and fenced in. You are walking distance from Walmart, hospital, banks, restaurants and bars. The house is only 15 mins from downtown Bourbon Street.  If you do not have your own transportation, then Uber, Taxi, or public... Read More

This New Orleans 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 New Orleans.

Successful short-term vacation rentals in New Orleans, Louisiana

If you are looking to rent out your New Orleans home, it is important to consider the current rental trends and what renters want in a short-term rental property. There are several positive trends in New Orleans when it comes to short-term rentals, including: There are many benefits that come with renting your home as a short-term rental. One of the biggest advantages is that you are able to save time and money by not having to deal with the hassles of housekeeping and maintenance. If you are looking for some extra income, renting out your New Orleans home can be a great way to generate an extra stream of income. There are also many cultural benefits that come with renting out your New Orleans home as a short-term rental. Being able to share your culture and heritage with other people is one of the biggest benefits of renting out your New Orleans home as a short-term rental.

Positive vacation rental trends in New Orleans, Louisiana when you considering renting out your New Orleans home as a short-term rental include: There are many people who want to experience a unique and fun vacation. As the economy continues to struggle, people are looking for ways to save money and make things happen. Short-term rentals offer a great opportunity to do both of these things. When people rent out their property, they can save money by not having to pay for full-time staff. They can also make things happen by allowing other people to experience something that they could not get to on their own. While there are some challenges when you rent out your home, there are also many opportunities that come along with it.

RedAwning takes the guess-work out of New Orleans property management, and we work with you to ensure your New Orleans short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.

See how much your New Orleans vacation rental could earn:

Revenue Projections for Vacation Rentals in New Orleans, Louisiana during December, 2023

Based on a 2 bedroom, which is the most common New Orleans 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 New Orleans vacation rental is available during these days.
 
$22983%1st
 
$23383%2nd
 
$19779%3rd
 
$17674%4th
 
$17372%5th
 
$17473%6th
 
$18475%7th
 
$22477%8th
 
$22878%9th
 
$19577%10th
 
$18275%11th
 
$18274%12th
 
$18174%13th
 
$18875%14th
 
$23077%15th
 
$23677%16th
 
$19275%17th
 
$17873%18th
 
$17772%19th
 
$17972%20th
 
$19273%21st
 
$25774%22nd
 
$26976%23rd
 
$23677%24th
 
$22777%25th
 
$21978%26th
 
$22078%27th
 
$25380%28th
 
$35882%29th
 
$37683%30th
 
$33582%31st
 

Average Daily Price & Percent Occupied Next Month In New Orleans

Note: These averages are based on a 2 bedroom home in New Orleans. 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 New Orleans, Louisiana?

If you are a speculative home buyer or have another home in Louisiana, check out our other Louisiana Vacation Rental Management reports in AlexandriaBaton RougeBossier CityHoumaLafayetteLake CharlesMonroeNatchitochesPinevilleShreveportSlidellPonchatoulaCovington,  and Cypremort Point, Louisiana or view all of our vacation rental market reports

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