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.

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

Current Vacation Rental Trends in Raleigh

During the month of November, Raleigh is projected to generate over $179/night for a 2 bedroom vacation rental, on average! There were 1,705 vacation active rental properties in Raleigh.  1,378 are renting the entire place, and 327 are shared rooms.  On average, during the month of November 2023, each vacation rental property in Raleigh is booked 64% of the time, and most hosts are projected to generate $2,555 or more during the month of November! See how much you could earn with our free vacation rental income calculator.
tag

$179.00 Per Night*

calendar

63% Occupied*

gauge

$2,555.00 Per Month*

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

Vacation Rentals in Raleigh 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 Raleigh, North Dakota

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.

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

See how much your Raleigh vacation rental could earn:

Revenue Projections for Vacation Rentals in Raleigh, North Carolina during December, 2023

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 December. Higher bars below can command higher prices, if your Raleigh vacation rental is available during these days.
 
$17687%1st
 
$17386%2nd
 
$14381%3rd
 
$13979%4th
 
$14179%5th
 
$14180%6th
 
$14580%7th
 
$16481%8th
 
$16481%9th
 
$13878%10th
 
$13778%11th
 
$13778%12th
 
$13978%13th
 
$14279%14th
 
$16281%15th
 
$16680%16th
 
$14278%17th
 
$14177%18th
 
$14177%19th
 
$14377%20th
 
$14778%21st
 
$17980%22nd
 
$18382%23rd
 
$18183%24th
 
$18183%25th
 
$16981%26th
 
$16280%27th
 
$16379%28th
 
$18780%29th
 
$18980%30th
 
$18180%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.

Request More Information