How to Rent Your Vacation Home or Condo in Lexington, Massachusetts

The Charleston, South Carolina area is a popular vacation destination, and it's not surprising when you consider the mild weather, historic sites and impressive cuisine. While Charleston has a year-round population of more than 200,000 people, the annual influx of tourists can be overwhelming. Fortunately, there are several ways to make your Charleston vacation rental experience as hassle-free as possible. First and foremost, choose a location that is close to downtown Charleston. This will make it easier for guests to navigate the city and get to their accommodations. In addition to ensuring that your rental is in an accessible location, make sure that you have plenty of parking nearby. And lastly, always keep an eye on the weather forecast. When Hurricane season rolls around, it's important to have an emergency plan in place in case a storm hits.

Current Vacation Rental Trends in Lexington

During the month of September, Lexington is projected to generate over $198/night for a 2 bedroom vacation rental, on average! There were 20 vacation active rental properties in Lexington.  12 are renting the entire place, and 8 are shared rooms.  On average, during the month of September 2022, each vacation rental property in Lexington is booked 74% of the time, and most hosts are projected to generate $3,836 or more during the month of September! See how much you could earn with our free vacation rental income calculator.
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$198.00 Per Night*

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73% Occupied*

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$3,836.00 Per Month*

* Based on the median average of all vacation rentals in the Lexington area.
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Vacation Rentals in Lexington are Generating Record Profits with RedAwning

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Successful short-term vacation rentals in Lexington, Massachusetts

Short-term vacation rentals have become more popular over the past few years and are gaining in popularity as more people look for affordable ways to travel and stay in a beautiful location. If you are considering renting out your Lexington home as a short-term rental, there are a few things you should keep in mind. First of all, it’s important to consider how much you’re willing to spend on rent. You should also consider the amount of time you want to spend in the house each month. As with any other type of rental property, you should also make sure that your property meets all local building codes and regulations. With so many benefits, short-term vacation rentals are an excellent way to earn extra income while staying at home during the summer or winter months when you wouldn't otherwise be able to visit your house.

There are a number of benefits to renting out your Lexington home while you’re away on vacation. These include: This is especially true if you don’t want to deal with the hassle of a traditional long-term rental. With a short-term rental, you can rent out your home without incurring any of the associated costs and restrictions. Additionally, there are no security deposit or other fees to worry about when you’re renting out your home. This means that you can focus all of your energy on enjoying your vacation instead of worrying about the upkeep of your home. And finally, renting out your home as a short-term rental can help you earn some extra money while on vacation. This can be used for things like travel expenses, food and drink purchases or even short-term rental deposits.

Revenue Projections for Vacation Rentals in Lexington, Massachusetts during October, 2022

Based on a 2 bedroom, which is the most common Lexington 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 Lexington vacation rental is available during these days.
 
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Average Daily Price & Percent Occupied Next Month In Lexington

Note: These averages are based on a 2 bedroom home in Lexington. 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 Lexington, Massachusetts?

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

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