Taos New Mexico Vacation Rental Report
Success Stories & Vacation Rental Trends, Updated October 2022
The Taos Intown Neighborhoods are becoming more popular with positive vacation rental trends in Taos, New Mexico. These neighborhoods are close to shops, restaurants and cultural attractions like the Taos Pueblo Cultural Center and Museum. The Taos Downtown Historic District is also a popular area for tourists. Taos is a small city of around 18,000 residents. Some of the major attractions include the Rio Grande Gorge Railway, the Museum of International Folk Art, the Blue Mesa Ranch and the Bosque del Apache National Wildlife Preserve. Taos is surrounded by high-elevation desert terrain with cool mountain air and a mild climate. The average summer temperature ranges from 70°F to 76°F (21°C to 24°C) and the average winter temperature ranges from 29°F to 41°C (34°F to 45°C).
There are a lot of great reasons to rent out your Taos vacation rental, from extra cash to boosting your property’s value. But there are also a few things to keep in mind before you book that next trip. Here are some signs that you’re on the right track and should be sure to check off: 1. You want to rent out your home for long-term stays, not short-term rentals. Short-term rentals can be difficult to enforce and could get you in trouble with the authorities if they decide to take action. Long-term rentals, however, are much safer and easier to manage. 2. Your home is in a desirable location that’s good for both tourists and locals alike. This is especially important if you want people to be able to stay in your home after they check out, since a hotel room will likely cost more than it would if you were renting the same space on AirBnB or VRBO for a few days at a time. 3. You’re looking for local customers who are going to stick around for longer than one or two nights (ideally more than four). Short-term renters aren’t usually interested in sticking around for very long, so this isn’t usually an issue if you’re looking for longer-term visitors who will spend multiple nights in your house or
Positive vacation rental trends in Taos, New Mexico when you considering renting out your Taos home as a short-term rental include: To find positive vacation rental trends in Taos, New Mexico when you considering renting out your Taos home as a short-term rental, ask yourself these questions: Are you looking to make money from short-term rentals? Is your Taos home in an ideal location to attract guests? Are you willing to take care of basic maintenance issues? Are you willing to be flexible about daily check-in times?
Note: These averages are based on a 2 bedroom home in Ranchos De Taos. 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.
If you are a speculative home buyer or have another home in New Mexico, check out our other New Mexico Vacation Rental Management reports in Albuquerque, Santa Fe, Cloudcroft, and Raton, New Mexico or view all of our vacation rental market reports