Edgartown Massachusetts Vacation Rental Management
Income Estimates And Tips To Run a Successful Short Term Rental in Edgartown, Updated April 2024
Rent Your Vacation Home or Condo in Edgartown, Massachusetts
If you're thinking of renting out your Edgartown home as a short-term rental, you might be wondering what the current trends are. Luckily, there are a lot of positive trends happening in the Edgartown rental market right now. For starters, there's been a surge in demand for vacation rentals in Edgartown. This is likely due to the fact that Edgartown is one of the most beautiful and luxurious destinations in Massachusetts. There are also a lot of luxury vacation rentals available in Edgartown, so you're sure to find something that fits your needs. Another trend that's been happening in the Edgartown rental market is the rise in short-term rentals that include Airbnb. This is because Airbnb is a very popular platform for people to find vacation rentals. Plus, Airbnb allows you to manage your own rental properties from anywhere in the world. This makes it easy for you to keep track of your rental properties and respond to any inquiries or problems that may arise. So if you're thinking of renting out your Edgartown home as a short-term rental, you should be confident that the current trends are positive. You'll be able to find a rental property that meets your needs and satisfies your customers.
When partnering with RedAwning for your property management needs, we can make sure your Edgartown rental is set up correctly and ready to generate the most amount of revenue possible per stay.
Current Vacation Rental Trends in Edgartown
During the month of November, Edgartown is projected to generate over $686/night for a 4 bedroom vacation rental, on average! There were 471 vacation active rental properties in Edgartown. 441 are renting the entire place, and 30 are shared rooms. On average, during the month of November 2023, each vacation rental property in Edgartown is booked 68% of the time, and most hosts are projected to generate $8,175 or more during the month of November! See how much you could earn with our free vacation rental income calculator.
tag
$686.00 Per Night*
calendar
67% Occupied*
gauge
$8,175.00 Per Month*
* Based on the median average of all vacation rentals in the Edgartown area.
Get a free estimate for your home or condo.
Get a free estimate for your home or condo.
Vacation Rentals in Edgartown 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 Edgartown, Massachusetts
It seems that more and more people are considering renting out their Edgartown home as a short-term rental. And why not? With so many fabulous destinations to choose from, why stick to the same old places when you could be exploring something new every day? Here are some of the positive vacation rental trends in Edgartown when you consider renting out your Edgartown home as a short-term rental: 1. Interest in Edgartown homes as vacation rentals is on the rise, thanks in part to the growing popularity of Airbnb. 2. People are looking for unique and charming places to stay, and they're especially interested in properties that are close to town but offer a bit of privacy. 3. Many people are drawn to Edgartown homes because they love the beach - and there's no shortage of lovely beaches to explore in Edgartown. 4. Families are increasingly choosing Edgartown homes as vacation rentals, because they offer plenty of space and everything a family needs for a fun and comfortable vacation. 5. People are also choosing Edgartown homes as vacation rentals because they appreciate the historical significance of the town. There is something special about staying in a place that has been frequented by famous authors, artists, and musicians!
When you are considering renting out your Edgartown home as a short-term rental, there are a few positive vacation rental trends you should keep in mind. For starters, Edgartown is a popular tourist destination, so there is always a demand for vacation rental units. In addition, many Edgartown homeowners are now choosing to rent out their homes on a seasonal basis. This means that they can take advantage of high season rates and then let their home go vacant during off-season months. Finally, many Edgartown homeowners are choosing to rent out their homes through platforms like Airbnb. This is because Airbnb allows homeowners to easily manage their rental listings and take care of all the paperwork required to run a successful short-term rental business. So if you are thinking of renting out your Edgartown home as a short-term rental, these are some positive trends to keep in mind.
RedAwning takes the guess-work out of Edgartown property management, and we work with you to ensure your Edgartown short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.
See how much your Edgartown vacation rental could earn:
Revenue Projections for Vacation Rentals in Edgartown, Massachusetts during December, 2023
Based on a 4 bedroom, which is the most common Edgartown 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 Edgartown vacation rental is available during these days.
$1,12775%1st
$1,12175%2nd
$1,09273%3rd
$1,08073%4th
$1,07873%5th
$1,09574%6th
$1,13075%7th
$1,15276%8th
$1,15376%9th
$1,08773%10th
$1,08073%11th
$1,08073%12th
$1,08073%13th
$1,09173%14th
$1,12973%15th
$1,12873%16th
$1,09473%17th
$1,08773%18th
$1,08873%19th
$1,08873%20th
$1,09573%21st
$1,12973%22nd
$1,13973%23rd
$1,11773%24th
$1,11073%25th
$1,11373%26th
$1,11573%27th
$1,11973%28th
$1,14773%29th
$1,14373%30th
$1,10770%31st
Average Daily Price & Percent Occupied Next Month In Edgartown
Note: These averages are based on a 4 bedroom home in Edgartown. 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 Edgartown, Massachusetts?
If you are a speculative home buyer or have another home in Massachusetts, check out our other Massachusetts Vacation Rental Management reports in Barnstable, Boston, Lexington, Plymouth, Shrewsbury, Groton, Gloucester, Westport, Holyoke, and Palmer, Massachusetts or view all of our vacation rental market reports
