Rent Your Vacation Home or Condo in Gloucester, Massachusetts

There's a lot of buzz surrounding short-term rental properties these days. And for good reason: Short-term rentals offer a unique opportunity to make money while you're away from your home. That's why it's important to know the trends in Gloucester, Massachusetts when you're thinking about renting out your home as a short-term rental. Here are a few things to keep in mind: 1. Gloucester is a popular destination for vacationers. So there are plenty of potential renters in the area. 2. The city is home to many popular tourist attractions, like the Crystal Cathedral and the Freedom Trail. This means that there's always plenty of people interested in renting out their homes as short-term rentals. 3. The city is also known for its arts and culture scene. This means that there are plenty of people who are looking for unique, creative short-term rentals. 4. The location of Gloucester is perfect for people who want to explore coastal areas. So there are plenty of people looking for vacation homes that are near the water. 5. Finally, Gloucester is a reasonably priced city. This makes it an appealing option for people who want to make some extra money while they're on vacation.

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

Current Vacation Rental Trends in Gloucester

During the month of November, Gloucester is projected to generate over $366/night for a 3 bedroom vacation rental, on average! There were 315 vacation active rental properties in Gloucester.  294 are renting the entire place, and 21 are shared rooms.  On average, during the month of November 2023, each vacation rental property in Gloucester is booked 87% of the time, and most hosts are projected to generate $6,726 or more during the month of November! See how much you could earn with our free vacation rental income calculator.

$366.00 Per Night*


86% Occupied*


$6,726.00 Per Month*

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

Vacation Rentals in Gloucester 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 Gloucester, Massachusetts

When you're considering renting out your home as a short-term vacation rental, there are a few things to keep in mind. One of the most important trends to watch for is positive vacation rental trends in Gloucester, Massachusetts. This is because the market for short-term rentals is constantly growing, and landlords who are able to attract positive reviews and rental guests will be more successful than those who don't. There are a few things you can do to make sure your Gloucester home is popular with rental guests. First, make sure your property is well-maintained and up-to-date. This will help to create a positive impression with potential renters, who will appreciate a well-cared-for property. Additionally, make sure your home has all the amenities rental guests might need - from comfortable beds to easy access to restaurants and shops. And finally, make sure you're available to answer any questions or provide whatever additional assistance renters might need. By following these tips, you'll be well on your way to attracting positive vacation rental trends in Gloucester, Massachusetts.

When you're considering renting out your Gloucester home as a short-term rental, there are a few things you need to keep in mind. One of the most important things to consider is the trend of positive vacation rental trends in Gloucester. By considering these trends, you can make sure that your home is well-equipped to accommodate guests. One of the most popular vacation rental destinations in Gloucester is the city of Gloucester itself. According to Airbnb, over 60% of all rentals in Gloucester are for stays within the city limits. This popularity is likely due to the many attractions and activities that are available in Gloucester, from shopping to dining to sightseeing. Another trend that's seeing increased popularity in Gloucester is rental properties that offer scenic views of the ocean. According to HomeAway, over half of all rentals in Gloucester are for properties with ocean views. This popularity is likely due to the fact that Gloucester is located on Cape Ann, which is home to some of the most beautiful ocean views in all of Massachusetts. By considering these positive trends when you're renting out your home as a short-term rental, you can make sure that your guests have a great experience and that your property is well-equipped to accommodate them.

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

See how much your Gloucester vacation rental could earn:

Revenue Projections for Vacation Rentals in Gloucester, Massachusetts during December, 2023

Based on a 3 bedroom, which is the most common Gloucester 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 Gloucester vacation rental is available during these days.

Average Daily Price & Percent Occupied Next Month In Gloucester

Note: These averages are based on a 3 bedroom home in Gloucester. 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 Gloucester, Massachusetts?

If you are a speculative home buyer or have another home in Massachusetts, check out our other Massachusetts Vacation Rental Management reports in BarnstableBostonLexingtonPlymouthShrewsburyGrotonEdgartownWestportHolyoke,  and Palmer, Massachusetts or view all of our vacation rental market reports

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