Lake George New York Vacation Rental Management
Income Estimates And Tips To Run a Successful Short Term Rental in Lake George, Updated October 2024
Rent Your Vacation Home or Condo in Lake George, New York
Positive vacation rental trends in Lake George, New York when you considering renting out your Lake George home as a short-term rental include: One of the biggest benefits of renting out your home for a vacation is that it provides extra income. If you're looking to supplement your income, renting out your Lake George home is a great option. In addition to providing an income source, short-term rentals can also help with utility costs. Depending on the size of your property, you may be able to cut down on utility bills by installing solar panels or modifying your building to be more energy efficient. Another benefit of short-term rentals is that they can help improve the overall appearance of your property and make it more appealing to potential buyers. If you're looking to sell your Lake George house and aren't sure how to do so, short-term rentals can help attract more interest from potential buyers.
When partnering with RedAwning for your property management needs, we can make sure your Lake George rental is set up correctly and ready to generate the most amount of revenue possible per stay.
Current Vacation Rental Trends in Lake George
During the month of November, Lake George is projected to generate over $355/night for a 3 bedroom vacation rental, on average! There were 447 vacation active rental properties in Lake George. 351 are renting the entire place, and 96 are shared rooms. On average, during the month of November 2023, each vacation rental property in Lake George is booked 49% of the time, and most hosts are projected to generate $3,340 or more during the month of November! See how much you could earn with our free vacation rental income calculator.
tag
$355.00 Per Night*
calendar
48% Occupied*
gauge
$3,340.00 Per Month*
* Based on the median average of all vacation rentals in the Lake George area.
Get a free estimate for your home or condo.
Get a free estimate for your home or condo.
Vacation Rentals in Lake George 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 Lake George, New York
Positive vacation rental trends in Lake George, New York when you considering renting out your Lake George home as a short-term rental
There are many positive trends in short-term vacation rental activity in Lake George, New York at the moment. First, the market for Lake George rental houses and condos is very strong right now. Demand for vacation rentals is high in Lake George at the moment, which means that you can earn a lot of money renting out your house or condo. Second, short-term vacation rentals are becoming more popular as more people choose to travel and rent out their homes while they are away. This means that there is a growing number of people looking to rent out their Lake George home while they are on vacation. Finally, short-term vacation rentals offer many benefits to landlords, including the potential to increase their property’s value by renting it out.
RedAwning takes the guess-work out of Lake George property management, and we work with you to ensure your Lake George short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.
See how much your Lake George vacation rental could earn:
Revenue Projections for Vacation Rentals in Lake George, New York during December, 2023
Based on a 3 bedroom, which is the most common Lake George 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 December. Higher bars below can command higher prices, if your Lake George vacation rental is available during these days.
$40284%1st
$40583%2nd
$39982%3rd
$39982%4th
$39882%5th
$39482%6th
$39682%7th
$40782%8th
$40982%9th
$39882%10th
$39682%11th
$39582%12th
$39582%13th
$39782%14th
$41082%15th
$41283%16th
$40583%17th
$40283%18th
$39882%19th
$41082%20th
$42482%21st
$46083%22nd
$46284%23rd
$46785%24th
$46985%25th
$45885%26th
$45386%27th
$46386%28th
$48187%29th
$48887%30th
$47284%31st
Average Daily Price & Percent Occupied Next Month In Lake George
Note: These averages are based on a 3 bedroom home in Lake George. 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 Lake George, New York?
If you are a speculative home buyer or have another home in New York, check out our other New York Vacation Rental Management reports in Albany, Beacon, Buffalo, Cooperstown, Hyde Park, Jamestown, New York, Niagara Falls, Poughkeepsie, Saratoga Springs, Utica, Chautauqua, Ellicottville, Manhattan, Far Rockaway, Mayville, Queens, Great Valley, Ashville, Dewittville, Hammond, Little Valley, Napanoch, Southampton, Bemus Point, Ellery, Maple Springs, Brooklyn, Tampa, Jersey City, Hampton Bays, Hunter, Moravia, Rochester, Selden, Croton Falls, Ogdensburg, Copiague, Brentwood, Thomson, Northport, Tannersville, North Massapequa, Ronkonkoma, Bellmore, East Hampton, Gansevoort, Varysburg, Ithaca, Smithtown, Colden, Campbell Hall, Airmont, Saugerties, Mac Dougall, Prattsburgh, Long Lake, and Youngstown, New York or view all of our vacation rental market reports
