Rent Your Vacation Home or Condo in Parma, Ohio

When you're considering renting out your Parma home as a short-term rental, it's important to keep in mind the positive vacation rental trends in Parma. There are a number of reasons why people are choosing to rent out their homes instead of staying in them permanently, and one of the most popular reasons is that short-term rentals allow homeowners to spend more time with their families. Additionally, short-term rentals offer homeowners the opportunity to make extra money while they're away from their homes. And, of course, short-term rentals are a great way to attract new guests and boost your home's popularity as a vacation rental. So if you're thinking of renting out your home this season, it's important to keep these positive vacation rental trends in mind.

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

Current Vacation Rental Trends in Parma

During the month of November, Cleveland, for example, is projected to generate over $147/night for a 2 bedroom vacation rental, on average! There were 2,279 vacation active rental properties in Parma.  1,889 are renting the entire place, and 390 are shared rooms.  On average, during the month of November 2023, each vacation rental property in Cleveland is booked 55% of the time, and most hosts are projected to generate $1,824 or more during the month of November! Is your home in Parma and areas including , 44129, or another neighborhood in Parma, Ohio? See how much you could earn with your Parma vacation rental.

$147.00 Per Night*


55% Occupied*


$1,824.00 Per Month*

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

Vacation Rentals in Parma 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 Parma, Ohio

When you're considering renting out your Parma home as a short-term rental, there are a few things to keep in mind. One of the most popular trends right now is vacation rental homes. This is especially true in Parma, Ohio, where there are a number of excellent options available. If you're looking for a vacation rental that offers plenty of space, you'll love the properties available at Villa on the Lake. This property has five bedrooms and six bathrooms, and it's located just twenty minutes from downtown Cleveland. You can also find properties that are perfect for small groups or families. For example, the property at Creekside Cottage offers four bedrooms and three bathrooms. It's also situated on a golf course, so you can enjoy some quality time in the sun while you're renting it out. If you're looking for a property that's centrally located, you'll love the option available at The Cottage on Main. This property has three bedrooms and two bathrooms, and it's situated just minutes from the city center. You can also find properties that offer spectacular views. For example, the property at Oakmont Cottage has an amazing view of Lake Erie. Whatever your needs, there's a property available that's perfect for you. So if you're thinking of renting out your Parma home as a short-term rental, don't hesitate to contact one of our team members. We'd be happy to help you find the perfect option for your needs.

When you're considering renting out your home as a short-term rental, there are a few things to keep in mind. One of the most important things to consider is the trend of positive vacation rental trends in Parma, Ohio. As the economy has been shaky in recent years, people have turned to vacation rentals as an alternative source of income. And because Parma is a city with a lot of history and attractions, it has been particularly popular as a destination for rental properties. There are a number of things you can do to make your Parma home appealing to vacationers. One thing you can do is make sure the property is well-maintained and in good condition. This will help to set your property apart from others, and it will also helps to insure that guests have a positive experience. Additionally, you can make sure to include all the amenities and features that guests are looking for. This will include things like comfortable beds and sparkling clean bathrooms. Overall, it's important to consider all the factors when you're thinking about renting out your home as a short-term rental. By doing so, you'll be able to generate a lot of income and provide guests with a memorable experience.

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

See how much your Parma vacation rental could earn:

Revenue Projections for Vacation Rentals in Cleveland/Parma, Ohio during December, 2023

Based on a 2 bedroom, which is the most common Parma 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 Parma vacation rental is available during these days.

Average Daily Price & Percent Occupied Next Month In Parma

Note: These averages are based on a 2 bedroom home in Cleveland. 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 Parma, Ohio?

If you are a speculative home buyer or have another home in Ohio, check out our other Ohio Vacation Rental Management reports in CincinnatiClevelandColumbusLoganVermilionHuronCantonMaple HeightsNorthwoodLimaGenevaSylvaniaHudsonEtnaNorth RidgevillePort ClintonYellow SpringsPerrysvilleAkronLakeviewRavenna,  and South Lebanon, Ohio or view all of our vacation rental market reports

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