How to Rent Your Vacation Home or Condo in Raleigh, North Carolina

Raleigh's growing population is a driving factor in its popularity as a vacation destination. The city is home to many soon-to-be retirees and empty nesters who are eager to explore the area. It's also the headquarters of the tech industry, making it an attractive destination for tech workers. NYC, Chicago and Boston are among Raleigh's closest competitors for short-term rental housing. But Raleigh has its advantages: A strong job market, quality housing stock, low cost of living, and proximity to beaches, parks, and other outdoor attractions. If you're considering renting out your Raleigh home as a short-term rental, here are some positive trends that we've seen in recent years: Renters have access to more places to stay when they need it.

Current Vacation Rental Trends in Raleigh

During the month of September, Raleigh is projected to generate over $178/night for a 2 bedroom vacation rental, on average! There were 1,258 vacation active rental properties in Raleigh.  1,034 are renting the entire place, and 224 are shared rooms.  On average, during the month of September 2022, each vacation rental property in Raleigh is booked 68% of the time, and most hosts are projected to generate $2,509 or more during the month of September! See how much you could earn with our free vacation rental income calculator.
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$178.00 Per Night*

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68% Occupied*

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$2,509.00 Per Month*

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

Featured Raleigh Vacation Rental Generating Record Profits with RedAwning

Modern Stylish 3BR Townhome in Raleigh Starting at $118 to $525 per night!

Welcome to your home away from home! This 3BR home has been remodeled with a modern feel while still including a vintage feel with a classic Nintendo system available! Enjoy a private fenced backyard and an excellent location near Downtown Raleigh. Conveniently located near major highways, shopping malls, grocery & major attractions in Raleigh.

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This Raleigh vacation home is presented on every travel website, where travelers are looking to book accommodations (Airbnb, VRBO, Expedia, Google Travel, and hundreds more). And, with RedAwning's dynamic pricing, daily rates are adjusted based on seasonality and demand in Raleigh.

See how much your Raleigh vacation rental could earn:

Successful short-term vacation rentals in Raleigh, North Carolina

There is a growing demand for short-term rentals in Raleigh, North Carolina. When you consider renting out your Raleigh home as a short-term rental, there are a number of positive trends that you should be aware of. First, there is an increased demand for short-term rentals because they provide an affordable alternative to traditional vacation rentals. Second, short-term rentals offer homeowners additional opportunities to make money. Third, short-term rentals offer travelers a chance to experience local culture and enjoy unique experiences. Fourth, short-term rentals offer an opportunity for property owners to improve their rental property’s curb appeal. And fifth, short-term rentals help reduce the burden on local authorities.

North Carolina is a popular destination for tourists and vacationers. As a result, there are a lot of options for short-term rental homes in the area. You can find places that are perfect for vacationing in Raleigh, including homes on the beach, lakeside properties, or vacation homes in the mountains. There are also plenty of places to stay if you’re traveling with your family or just want to experience the local culture. Whether you’re looking for a short-term rental home in Raleigh or anywhere else on the East Coast, there are plenty of options to choose from.

Revenue Projections for Vacation Rentals in Raleigh, North Carolina during October, 2022

Based on a 2 bedroom, which is the most common Raleigh 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 October. Higher bars below can command higher prices, if your Raleigh vacation rental is available during these days.
 
$17583%1st
 
$14681%2nd
 
$14179%3rd
 
$14079%4th
 
$13980%5th
 
$14680%6th
 
$16882%7th
 
$17282%8th
 
$14680%9th
 
$14279%10th
 
$14178%11th
 
$14079%12th
 
$14880%13th
 
$17281%14th
 
$17381%15th
 
$14578%16th
 
$14178%17th
 
$14178%18th
 
$14278%19th
 
$14880%20th
 
$17181%21st
 
$17280%22nd
 
$14478%23rd
 
$13577%24th
 
$13477%25th
 
$13678%26th
 
$14779%27th
 
$17180%28th
 
$17179%29th
 
$13978%30th
 
$13677%31st
 

Average Daily Price & Percent Occupied Next Month In Raleigh

Note: These averages are based on a 2 bedroom home in Raleigh. 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 Raleigh, 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 AshevilleCharlotteHendersonvilleDurhamGreensboroSalemWinstonAlexanderAberdeenPinehurstSouthern PinesCorollaSylvaNags HeadHatterasRaleigh DurhamHolden BeachCalabashCarolina BeachKure BeachSugar MountainBlowing RockFriscoAvonBryson CityBanner ElkBuxtonFayetteville,  and Whittier, North Carolina or view all of our vacation rental market reports

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