Rent Your Vacation Home or Condo in Springfield, Missouri

By now, you’ve probably heard the term “vacation rental” and know that it’s a popular way to earn extra income. But what does it really mean? And how can you take advantage of this growing trend in your Springfield, Missouri area? There are a number of different reasons why people choose to rent out their homes as short-term rentals. For one thing, it can be a great way to raise extra cash. Plus, renting out your Springfield home as a short-term rental is a low-risk way to see if renting out your home is something you’d like to do long-term.

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

Current Vacation Rental Trends in Springfield

During the month of October, Springfield is projected to generate over $133/night for a 2 bedroom vacation rental, on average! There were 464 vacation active rental properties in Springfield.  376 are renting the entire place, and 88 are shared rooms.  On average, during the month of October 2022, each vacation rental property in Springfield is booked 66% of the time, and most hosts are projected to generate $2,074 or more during the month of October! See how much you could earn with our free vacation rental income calculator.
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$133.00 Per Night*

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65% Occupied*

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$2,074.00 Per Month*

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

Vacation Rentals in Springfield 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 Springfield, Missouri

There are many benefits to renting out your Springfield home as a short-term rental property. Not only does it earn you money, but it also allows you to take advantage of the many opportunities that Springfield offers. One of the biggest advantages is that you can use your home as a central location for family gatherings and group getaways. When you rent out your Springfield home as a short-term rental property, you can also enjoy some additional perks such as free parking and let yourself go with no worries about damage. Additionally, renting out your Springfield home as a short-term rental property can help you save on maintenance costs by reducing the number of cleaning products you need to purchase. If you’re looking to make extra money while relaxing at home, then renting out your Springfield home as a short-term rental property is an ideal solution.

Positive vacation rental trends in Springfield, Missouri when you considering renting out your Springfield home as a short-term rental include: One of the most popular trends is an increase in short-term Airbnb rentals. With Airbnb, homeowners can rent out their property to visitors without having to worry about mortgage, maintenance and other costs. Another trend is that more people are taking shorter vacations instead of longer vacations. A shorter vacation allows you to spend more time experiencing the area while still being able to relax and enjoy yourself during the trip. Finally, there is also a decline in hotel occupancy rates and an increase in demand for hotels and vacation rentals. This means that there is more money available for businesses like Airbnb to spend on advertising and marketing their properties.

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

See how much your Springfield vacation rental could earn:

Revenue Projections for Vacation Rentals in Springfield, Missouri during November, 2022

Based on a 2 bedroom, which is the most common Springfield 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 Springfield vacation rental is available during these days.
 
$11775%1st
 
$11675%2nd
 
$11976%3rd
 
$13278%4th
 
$13779%5th
 
$12076%6th
 
$11874%7th
 
$11874%8th
 
$11676%9th
 
$11876%10th
 
$13777%11th
 
$13877%12th
 
$11773%13th
 
$11772%14th
 
$11772%15th
 
$11672%16th
 
$11872%17th
 
$13073%18th
 
$13374%19th
 
$11873%20th
 
$11876%21st
 
$12076%22nd
 
$13280%23rd
 
$14381%24th
 
$15078%25th
 
$14377%26th
 
$12574%27th
 
$11772%28th
 
$11771%29th
 
$11671%30th
 

Average Daily Price & Percent Occupied Next Month In Springfield

Note: These averages are based on a 2 bedroom home in Springfield. 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 Springfield, Missouri?

If you are a speculative home buyer or have another home in Missouri, check out our other Missouri Vacation Rental Management reports in BransonCape GirardeauCarthageHannibalIndependenceKansas CitySt. CharlesSt. LouisSt. RobertWaynesvilleBranson WestHollisterBlue EyeRockaway BeachKirbyvilleIndian PointVillage Of Indian Point,  and Reeds Spring, Missouri or view all of our vacation rental market reports

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