Chattanooga Tennessee Vacation Rental Management
Income Estimates And Tips To Run a Successful Short Term Rental in Chattanooga, Updated April 2024
Rent Your Vacation Home or Condo in Chattanooga, Tennessee
Vacation rentals are becoming more popular than ever before. With the wide range of vacation rental options available, you can take advantage of the many benefits associated with a short-term rental. Whether you want to earn extra income from your vacation home or enjoy the convenience and flexibility that comes with a short-term rental, there are plenty of reasons to consider renting out your home for short-term stays. While there are many pros to renting out your home for short-term stays, there are also some cons to consider as well. For instance, some people may be uncomfortable renting their home out for short-term stays because they don’t want strangers invading their space. If this is something that concerns you, it may be best to only rent out your Chattanooga home on a limited basis.
When partnering with RedAwning for your property management needs, we can make sure your Chattanooga rental is set up correctly and ready to generate the most amount of revenue possible per stay.
Current Vacation Rental Trends in Chattanooga
During the month of November, Chattanooga is projected to generate over $180/night for a 2 bedroom vacation rental, on average! There were 1,407 vacation active rental properties in Chattanooga. 1,283 are renting the entire place, and 124 are shared rooms. On average, during the month of November 2023, each vacation rental property in Chattanooga is booked 68% of the time, and most hosts are projected to generate $3,141 or more during the month of November! See how much you could earn with our free vacation rental income calculator.
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$180.00 Per Night*
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68% Occupied*
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$3,141.00 Per Month*
* Based on the median average of all vacation rentals in the Chattanooga area.
Get a free estimate for your home or condo.
Get a free estimate for your home or condo.
Vacation Rentals in Chattanooga 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 Chattanooga, Tennessee
Looking for a place to stay while visiting Chattanooga, TN? Looking to rent out your home or condo instead of a hotel room? Maybe you’re thinking about renting out your vacation home or vacation condo for the summer. Whatever your reason for thinking about short-term rental vacations, there are some things you should know before you go. Here are some positive trends in Chattanooga, Tennessee when you consider renting out your Chattanooga home as a short-term rental:
For many people, a short-term rental is a great way to make extra money. If you have a place that isn't being used or is just sitting empty, it's a way to get some extra income without having to do anything too complicated. Plus, you get to take advantage of the flexibility that comes with renting out your home for a limited time. There are, however, some things you need to keep in mind when you decide to rent out your home to guests. First of all, you need to make sure that your property meets the basic requirements. The most important thing is to make sure your house has running water and electricity. Any other amenities should be up to par as well.
RedAwning takes the guess-work out of Chattanooga property management, and we work with you to ensure your Chattanooga short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.
See how much your Chattanooga vacation rental could earn:
Revenue Projections for Vacation Rentals in Chattanooga, Tennessee during December, 2023
Based on a 2 bedroom, which is the most common Chattanooga 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 Chattanooga vacation rental is available during these days.
$17883%1st
$17884%2nd
$14275%3rd
$13873%4th
$13873%5th
$14074%6th
$14375%7th
$17681%8th
$17581%9th
$14475%10th
$13974%11th
$13874%12th
$14075%13th
$14477%14th
$18382%15th
$18483%16th
$14876%17th
$14275%18th
$14175%19th
$14376%20th
$14877%21st
$19379%22nd
$19981%23rd
$18981%24th
$18381%25th
$17382%26th
$17783%27th
$17983%28th
$21883%29th
$21782%30th
$19881%31st
Average Daily Price & Percent Occupied Next Month In Chattanooga
Note: These averages are based on a 2 bedroom home in Chattanooga. 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 Chattanooga, Tennessee?
If you are a speculative home buyer or have another home in Tennessee, check out our other Tennessee Vacation Rental Management reports in Gatlinburg, Knoxville, Memphis, Nashville, Sevierville, Townsend, Asheville, Pigeon Forge, Cosby, Tellico Plains, Dandridge, Newport, Butler, Pigeon Fore, Jacksboro, Bartlett, Hilham, Germantown, Crossville, Johnson City, Dickson, Loudon, Finger, Tullahoma, Kimberlin Heights, Hurricne Mlls, Camden, Burns, Summertown, Loretto, Columbia, Pleasantville, Lobelville, Lawrenceburg, Parsons, Holladay, Hartford, and Oneida, Tennessee or view all of our vacation rental market reports
