Oak Island North Carolina Vacation Rental Management
Income Estimates And Tips To Run a Successful Short Term Rental in Oak Island, Updated October 2024
Rent Your Vacation Home or Condo in Oak Island, North Carolina
When you're considering renting out your Oak Island home as a short-term rental, there are a few things to keep in mind. One of the most popular vacation rental trends in Oak Island is the cottage rental. These rentals provide homeowners with an income while they are away, and they can be a great way to make some extra money. Another trend that's been gaining in popularity is the vacation rental using Airbnb. This service allows renters to find short-term rentals from all over the world, and it's becoming increasingly popular for Oak Island homeowners who want to get more exposure for their homes. Whatever you do, make sure to research the different short-term rental services available in Oak Island so you can find the best option for you. And don't forget to price your home correctly - you want to ensure you're getting the highest possible return on your investment.
When partnering with RedAwning for your property management needs, we can make sure your Oak Island rental is set up correctly and ready to generate the most amount of revenue possible per stay.
Current Vacation Rental Trends in Oak Island
During the month of November, Oak Island is projected to generate over $274/night for a 4 bedroom vacation rental, on average! There were 2,059 vacation active rental properties in Oak Island. 2,044 are renting the entire place, and 15 are shared rooms. On average, during the month of November 2023, each vacation rental property in Oak Island is booked 55% of the time, and most hosts are projected to generate $3,502 or more during the month of November! See how much you could earn with our free vacation rental income calculator.
tag
$274.00 Per Night*
calendar
55% Occupied*
gauge
$3,502.00 Per Month*
* Based on the median average of all vacation rentals in the Oak Island area.
Get a free estimate for your home or condo.
Get a free estimate for your home or condo.
Vacation Rentals in Oak Island 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 Oak Island, North Carolina
When you're considering renting out your Oak Island home as a short-term rental, there are a few positive vacation rental trends you should be aware of. For starters, Oak Island has seen a significant uptick in visitors over the past few years due to its relaxing environment and beautiful scenery. Moreover, Oak Island is a great place to enjoy a quiet getaway - perfect for those who want to relax and decompress after a hectic day. In addition, Oak Island is well-known for its historical significance and contains plenty of cultural attractions that can be enjoyed by tourists. So if you're looking for a relaxing vacation rental that will also provide you with some interesting historical facts, Oak Island is the perfect place for you.
When you're considering renting out your Oak Island home as a short-term rental, there are a few positive trends you should keep in mind. For one, Oak Island is becoming more and more popular as a vacation destination. This means there are more people looking for rental properties, which means you have a greater chance of finding a tenant who will appreciate your home and enjoy its unique lifestyle. Additionally, Oak Island is becoming easier and easier to get to. Thanks to new road construction and other developments, it's now possible to reach the island from various parts of North Carolina (and even parts of South Carolina and Tennessee). This means that even more people will be able to enjoy its beautiful beaches and tranquil atmosphere. So if you're thinking of taking your vacation rental to Oak Island this year, don't hesitate - it's sure to be a success!
RedAwning takes the guess-work out of Oak Island property management, and we work with you to ensure your Oak Island short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.
See how much your Oak Island vacation rental could earn:
Revenue Projections for Vacation Rentals in Oak Island, North Carolina during December, 2023
Based on a 4 bedroom, which is the most common Oak Island 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 Oak Island vacation rental is available during these days.
$33781%1st
$33580%2nd
$33079%3rd
$32879%4th
$32979%5th
$32979%6th
$33179%7th
$33679%8th
$33680%9th
$32979%10th
$32879%11th
$32779%12th
$32879%13th
$33180%14th
$33680%15th
$33580%16th
$33280%17th
$33180%18th
$33180%19th
$33280%20th
$33980%21st
$34881%22nd
$35883%23rd
$35983%24th
$35783%25th
$36183%26th
$36784%27th
$37084%28th
$37684%29th
$36884%30th
$43582%31st
Average Daily Price & Percent Occupied Next Month In Oak Island
Note: These averages are based on a 4 bedroom home in Oak Island. 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 Oak Island, North Carolina?
If you are a speculative home buyer or have another home in North Carolina, check out our other North Carolina Vacation Rental Management reports in Asheville, Charlotte, Hendersonville, Raleigh, Durham, Greensboro, Salem, Winston, Alexander, Aberdeen, Pinehurst, Southern Pines, Corolla, Sylva, Nags Head, Hatteras, Raleigh Durham, Holden Beach, Calabash, Carolina Beach, Kure Beach, Sugar Mountain, Blowing Rock, Frisco, Avon, Bryson City, Banner Elk, Buxton, Fayetteville, Whittier, Carolia Beach, Waynesville, Ronda, Boone, Kitty Hawk, Lenoir, Greenville, Topton, Maggie Valley, Supply, Carthage, Robbinsville, Holly Springs, Hampstead, Statesville, Memphis, Lake Park, Manteo, Murphy, Winston Salem, Jacksonville, Woodfin, Hope Mills, Ocean Isl Bch, High Point, Burlington, Green Level, Pks, Emerald Isle, Surf City, Lake Lure, Unionville, Sapphire, Elkin, Aquone, Kingstown, Harrisburg, Gastonia, Sugar Grove, Wilmington, Beech Mountain, Franklin, Mount Airy, Moncure, Morganton, Spring Lake, Boiling Spring Lakes, Fuquay Varina, Wake Forest, Highlands, Ferguson, Hayesville, Boomer, Cornelius, and Candler, North Carolina or view all of our vacation rental market reports
