North Myrtle Beach South Carolina Vacation Rental Managers
Income Estimates And Tips To Run a Successful Short Term Rental in North Myrtle Beach, Updated October 2024
Rent Your Vacation Home or Condo in North Myrtle Beach, South Carolina
When people travel, they often want to experience a new place and experience things in a new way. Short-term rentals offer travelers the opportunity to do exactly that — rent out their homes during their vacations, getting an extra income in the process. While short-term rentals are technically illegal in many parts of the United States, it is becoming more and more common for vacationers to use Airbnb and VRBO to rent out their homes while they are away. This trend has a lot of benefits. It allows homeowners to earn some extra money and have some fun on vacation without worrying about what needs to be done back home. It also gives visitors access to more affordable options when looking for accommodations. There are also some potential downsides to consider when renting out your North Myrtle Beach home as a short-term rental. Just like any other type of rental property, there is the possibility of damage or theft. You should also be prepared for a higher level of interaction with your guests since you will likely be meeting them at the property rather than interacting through an online platform.
When partnering with RedAwning for your property management needs, we can make sure your North Myrtle Beach rental is set up correctly and ready to generate the most amount of revenue possible per stay.
Current Vacation Rental Trends in North Myrtle Beach
During the month of November, North Myrtle Beach is projected to generate over $237/night for a 3 bedroom vacation rental, on average! There were 6,226 vacation active rental properties in North Myrtle Beach. 6,088 are renting the entire place, and 138 are shared rooms. On average, during the month of November 2023, each vacation rental property in North Myrtle Beach is booked 55% of the time, and most hosts are projected to generate $3,088 or more during the month of November! See how much you could earn with our free vacation rental income calculator.
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$237.00 Per Night*
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55% Occupied*
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$3,088.00 Per Month*
* Based on the median average of all vacation rentals in the North Myrtle Beach area.
Get a free estimate for your home or condo.
Get a free estimate for your home or condo.
Featured North Myrtle Beach Vacation Rental Generating Record Profits With RedAwning
Sandy Toes Starting at $786 to $786 per night!
Brand new to our program and PET FRIENDLY! A great oceanfront home with a pool in the heart of North Myrtle Beach,Crescent Beach. You have six bedrooms and four full baths. There is a detached cottage with two bedrooms and a full bath between them. Oceanfront,pool and hot tub directly on the oceanfront,you can walk right out to the beach. Gas grill and a charcoal grill for grilling and a picnic table... Decorated with coastal decor throughout. There is a nearby fishing pier as... Read More
This North Myrtle Beach 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 North Myrtle Beach.
Successful short-term vacation rentals in North Myrtle Beach, South Carolina
North Myrtle Beach is a beautiful beach destination located on the Grand Strand. It’s one of the top vacation destinations in South Carolina, drawing people to its beautiful beaches and long stretches of sandy-white beaches. North Myrtle Beach has many attractions, including museums, restaurants, and shopping options. North Myrtle Beach is a popular destination during the summer months, so you'll see visitors in droves. However, during the other seasons, you may find that your rental home isn't rented out as much. This is because it's not as popular a location for tourists as some other parts of the Grand Strand are. That's why it's important to consider renting out your home when you're going to be away for an extended period of time. You can easily turn your short-term rental into a full-time rental by adding amenities like Wi-Fi and satellite TV.
North Myrtle Beach, South Carolina is a great place to vacation for families and couples alike. Both North Myrtle Beach, South Carolina rental properties and vacation rentals in North Myrtle Beach, South Carolina cater to a wide range of demographics. Whether you’re looking for short-term rentals or long-term vacation rentals, you’re sure to find something that suits your needs. There are many positive trends when it comes to renting out your North Myrtle Beach home as a holiday rental. First of all, you’re able to make a substantial amount of money without having to pay all the costs associated with running a home. Also, if you want to travel during the off-season, North Myrtle Beach, South Carolina is one of the best places in the world to do so. It doesn’t get much quieter than North Myrtle Beach in the wintertime!
RedAwning takes the guess-work out of North Myrtle Beach property management, and we work with you to ensure your North Myrtle Beach short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.
See how much your North Myrtle Beach vacation rental could earn:
Revenue Projections for Vacation Rentals in North Myrtle Beach, South Carolina during December, 2023
Based on a 3 bedroom, which is the most common North Myrtle Beach 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 North Myrtle Beach vacation rental is available during these days.
$19967%1st
$20067%2nd
$19365%3rd
$19264%4th
$19265%5th
$19364%6th
$19365%7th
$20066%8th
$20265%9th
$19564%10th
$19463%11th
$19463%12th
$19463%13th
$19564%14th
$20164%15th
$20264%16th
$19964%17th
$20063%18th
$20063%19th
$20164%20th
$20265%21st
$20866%22nd
$20869%23rd
$21269%24th
$21270%25th
$21072%26th
$21373%27th
$21974%28th
$23174%29th
$23574%30th
$23171%31st
Average Daily Price & Percent Occupied Next Month In North Myrtle Beach
Note: These averages are based on a 3 bedroom home in North Myrtle Beach. 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 North Myrtle Beach, South Carolina?
If you are a speculative home buyer or have another home in South Carolina, check out our other South Carolina Vacation Rental Management reports in Charleston, Greenville, Myrtle Beach, Pawleys Island, Hilton Head Island, Garden City Beach, Surfside Beach, Hilton Head, Garden City, Little River, Edisto Beach, Longs, Pickens, Winnsboro, Beaufort, Columbia, Salem, Greer, Sandy Springs, Atlantic Beach, Simpsonville, Summerton, Johns Island, Summerville, N Litchfield, Isle Of Palms, Chesnee, Port Royal, Orangeburg, Travelers Rest, Saint Helena Island, Belvedere, Murrells Inlet, and Gaffney, South Carolina or view all of our vacation rental market reports
