Rent Your Vacation Home or Condo in Southfield, Michigan

There's no question that short-term rental properties are on the rise - especially in Southfield, Michigan. As people look for more affordable and convenient options when travelling, short-term rental properties are a great option. In fact, short-term rental properties have already become one of the fastest growing segments of the tourism industry. And this growth is only going to continue. Why? First of all, short-term rental properties offer a lot of advantages over traditional hotel rooms. For one, they're much cheaper. Second, they're flexible - you can use them for just a few days or for several weeks. And finally, they're convenient - you can usually find short-term rental properties within walking distance of most attractions and businesses in Southfield. So if you're thinking of renting out your home as a short-term rental, now is the time to do it. You'll be able to enjoy great profits and attract a lot of new tourists to Southfield - all while having a great time!

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

Current Vacation Rental Trends in Southfield

During the month of February, Southfield is projected to generate over $146/night for a 2 bedroom vacation rental, on average! There were 109 vacation active rental properties in Southfield.  95 are renting the entire place, and 14 are shared rooms.  On average, during the month of February 2023, each vacation rental property in Southfield is booked 26% of the time, and most hosts are projected to generate $1,433 or more during the month of February! See how much you could earn with our free vacation rental income calculator.
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$146.00 Per Night*

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26% Occupied*

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$1,433.00 Per Month*

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

Vacation Rentals in Southfield 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 Southfield, Michigan

When you're considering renting out your Southfield home as a short-term rental, there are a few positive vacation rental trends you should be aware of. For starters, there's a growing trend of tourists visiting homes in the Detroit area. This is due in part to the city's growing reputation as a cultural hub, as well as its many attractions and events. Additionally, Southfield is located close to many popular tourist destinations, so it's easy for tourists to find a rental home that suits their needs. Finally, home rental websites are becoming more popular, which means that there are more options available for potential renters. So if you're thinking of renting out your Southfield home as a short-term rental, be sure to check out the available options online.

When considering whether or not to rent out your Southfield home as a short-term rental, it's important to keep in mind the current positive vacation rental trends in the area. According to recent reports, there's been a surge in demand for vacation rentals in Southfield, Michigan - especially among people who are looking for a relaxing getaway. This is good news for property owners like you, as it means that you can easily earn a healthy return on your investment. In fact, some properties are already earning upwards of $2,000 per month - which is more than enough to cover your mortgage and other expenses. So if you're interested in renting out your Southfield home as a short-term rental, now is the time to do it. You won't regret it!

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

See how much your Southfield vacation rental could earn:

Revenue Projections for Vacation Rentals in Southfield, Michigan during March, 2023

Based on a 2 bedroom, which is the most common Southfield 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 March. Higher bars below can command higher prices, if your Southfield vacation rental is available during these days.
 
$18572%1st
 
$18772%2nd
 
$19971%3rd
 
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$19371%5th
 
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$18370%9th
 
$19670%10th
 
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$18571%13th
 
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$20064%16th
 
$21264%17th
 
$20963%18th
 
$20363%19th
 
$19663%20th
 
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$20363%26th
 
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$20963%31st
 

Average Daily Price & Percent Occupied Next Month In Southfield

Note: These averages are based on a 2 bedroom home in Southfield. 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 Southfield, 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 HarborOnawayThompsonvilleWest Bloomfield TownshipBirminghamEast TawasFarwell,  and Pontiac, Michigan or view all of our vacation rental market reports

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