Rent Your Vacation Home or Condo in Onaway, Michigan

When you're looking to short-term rent out your home, there are a few factors that you should consider. There are a few positive trends in the short-term vacation rental market that you should be aware of when looking to rent out your Onaway home as a short-term rental. First, the cost of renting is considerably lower than owning a home in Onaway. Second, you can be confident that your guests will be comfortable and enjoy themselves at your vacant home. And finally, if your property has an attractive location or is well maintained, there are many potential guests who may be interested in renting it out for their next vacation. When you're planning to rent out your Onaway home as a short-term rental, think about these trends and take advantage of them while they're still here.

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

Current Vacation Rental Trends in Onaway

During the month of October, Onaway is projected to generate over $218/night for a 3 bedroom vacation rental, on average! There were 28 vacation active rental properties in Onaway.  28 are renting the entire place, and 0 are shared rooms.  On average, during the month of October 2022, each vacation rental property in Onaway is booked 84% of the time, and most hosts are projected to generate $4,635 or more during the month of October! See how much you could earn with our free vacation rental income calculator.
tag

$218.00 Per Night*

calendar

84% Occupied*

gauge

$4,635.00 Per Month*

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

Featured Onaway Vacation Rental Generating Record Profits With RedAwning

The Banks- rustic waterfront and secluded with Kayaks and Canoes included Starting at $150 to $819 per night!

 Secluded  "cabin" literally ON the black river - you can't get any closer!  This rough and rustic property is great for guests looking for a true Michigan woods experience but especially the water lovers - 4 Kayaks and 2 Canoes are included in your stay so you can enjoy the river.  Great for relaxing by the river, fishing, hunting, and enjoying the local Northeastern State Trail which is known for great walking and cycling.  There is over 600 acres of state land... Read More

This Onaway 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 Onaway.

Successful short-term vacation rentals in Onaway, Michigan

While most tourists are looking for a place to stay that is clean and safe, there are still some negative trends that renters should be aware of. One of the biggest concerns for travelers is noise. For anyone who is trying to sleep, this can be a major problem. Some renters may choose to cancel their reservation or simply ask if the renter plans on being quiet while they are trying to sleep. If a renter is willing to respect your space, then you have nothing to worry about. As long as you are respectful and respectful of noise, your stay will be just fine! Another negative trend that you may see is people over-staying their welcome. Again, this can be disruptive for any other residents in the house (especially if you have children who want to play with them). If you plan on renting out your home for a short period of time, make sure that you check in with the renter before they check out. If you need to change the dates or times, do so right away so they do not overstay their welcome.

Positive vacation rental trends in Onaway, Michigan include: - Attracted by the area’s short distance to Lake Michigan and its sandy beach. The town is also known for its annual festival and carnival, which draws lots of visitors. To make sure your property is a hit with vacationers, consider making some improvements such as: - Renovating your home to include a pool or lake view. - Replacing old furniture with more comfortable ones. - Adding furnishings that appeal to families, such as high chairs or baby swings. - Including special touches like welcome baskets or toys for furbabies.

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

See how much your Onaway vacation rental could earn:

Revenue Projections for Vacation Rentals in Onaway, Michigan during November, 2022

Based on a 3 bedroom, which is the most common Onaway 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 November. Higher bars below can command higher prices, if your Onaway vacation rental is available during these days.
 
$16786%1st
 
$16786%2nd
 
$16786%3rd
 
$17686%4th
 
$18486%5th
 
$16786%6th
 
$16786%7th
 
$16786%8th
 
$16786%9th
 
$16786%10th
 
$17186%11th
 
$16289%12th
 
$15689%13th
 
$15096%14th
 
$15096%15th
 
$15096%16th
 
$15096%17th
 
$17186%18th
 
$17286%19th
 
$16786%20th
 
$16786%21st
 
$16786%22nd
 
$19086%23rd
 
$19086%24th
 
$19286%25th
 
$19286%26th
 
$19086%27th
 
$19086%28th
 
$19086%29th
 
$19086%30th
 

Average Daily Price & Percent Occupied Next Month In Onaway

Note: These averages are based on a 3 bedroom home in Onaway. 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 Onaway, Michigan?

If you are a speculative home buyer or have another home in Michigan, check out our other Michigan Vacation Rental Management reports in Ann ArborBay CityDetroitFrankenmuthGrand HavenGrand RapidsHollandKalamazooLansingSault Ste. MarieTraverse CityAddisonSaugatuckFrankfortDouglasSouth HavenSt. JosephCarp LakeCopper HarborThompsonvilleWest Bloomfield TownshipBirmingham,  and East Tawas, Michigan or view all of our vacation rental market reports

Request More Information