Depoe Bay Oregon Vacation Rental Managers
Income Estimates And Tips To Run a Successful Short Term Rental in Depoe Bay, Updated January 2023
It’s a fact: Vacation rentals are on the rise. According to RentCafe, short-term rental sites like Airbnb have grown 300% in the last five years, and there are now nearly 6 million properties listed across the world. The biggest markets for short-term rentals are New York City and San Francisco, but they’re popping up in almost every city across the globe. A growing demand for vacation rentals has created a whole new set of challenges for home owners who want to rent out their property but don’t know how to do it. This article will help you navigate these challenges and take advantage of the opportunity to make some extra money from your vacation home.
When partnering with RedAwning for your property management needs, we can make sure your Depoe Bay rental is set up correctly and ready to generate the most amount of revenue possible per stay.
By now, most travelers know that the Depoe Bay area is home to some of the best beaches in all of Oregon. With a coastline of more than 15 miles and several world-class surfing spots, it’s no wonder that people are flocking to this beautiful coastal town. But while the beaches are definitely a draw, there’s much more to do here than just laze by the sand and surf. In fact, Depoe Bay is known for its rich marine heritage, making it one of the top fishing towns in the world. Not only can you catch your own fish or enjoy fresh seafood from local restaurants, you can also take in tours of the surrounding ocean and learn about its rich history as well as how humans have impacted its ecosystem. And with a sizable population of retirees, many Depoe Bay homes are available for rent as short-term rentals to make sure that you can experience all that this beautiful town has to offer.
Positive vacation rental trends in Depoe Bay, Oregon when you considering renting out your Depoe Bay home as a short-term rental. There are many reasons to consider renting out your home for the season, including: 1. Air and water quality - When you rent out your home, the air and water quality is not negatively impacted by outdoor cooking and cleaning. 2. Reduced utility costs - When you rent out your home, you can offset some of the costs from owning a home, including utilities. You may also be able to extend your utility usage period by renting out part of your home. 3. Renting out a room or two could also generate extra income if you have children at home.
RedAwning takes the guess-work out of Depoe Bay property management, and we work with you to ensure your Depoe Bay short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.
Note: These averages are based on a 3 bedroom home in Depoe Bay. 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.
If you are a speculative home buyer or have another home in Oregon, check out our other Oregon Vacation Rental Management reports in Eugene, Portland, Salem, Cannon Beach, Seaside, Gearhart, Bend, Brookings, Hood River, Sunriver, Redmond, Parkdale, Powell Butte, Mosier, Lincoln City, and Black Butte Ranch, Oregon or view all of our vacation rental market reports