Nashville Tennessee Vacation Rental Management
Income Estimates And Tips To Run a Successful Short Term Rental in Nashville, Updated December 2023
Rent Your Vacation Home or Condo in Nashville, Tennessee
Positive vacation rental trends in Nashville, Tennessee when you considering renting out your Nashville home as a short-term rental include: There are many reasons why Nashville is the perfect place to rent out your home for the summer. First of all, it’s one of the fastest growing cities in the country. And then there’s the fact that Nashville is less expensive than other major cities. All this means that there’s more demand than supply when it comes to vacation rentals. But if you want to get started, there are some things you need to keep in mind when you’re searching for a property to rent out. First of all, make sure that your house is located in an area where there are a lot of restaurants and bars. Secondly, ensure that you don’t have any neighbors who might be sensitive about loud partying or excessive noise. And finally, make sure that your property is clean and well-maintained. One last thing: make sure that your house has been on the market for at least 30 days before putting it up for rent on a VRBO or Airbnb.
When partnering with RedAwning for your property management needs, we can make sure your Nashville rental is set up correctly and ready to generate the most amount of revenue possible per stay.
Current Vacation Rental Trends in Nashville
During the month of November, Nashville and areas including District 19, Nashville Downtown, District 21, District 17, District 5, District 6, District 15, District 7, District 18, District 2, District 24, District 20, District 16, District 25, District 26, District 13, District 27, District 22, District 1, District 4, District 23, District 29, District 35, District 30, and District 34 are projected to generate over $302/night for a 3 bedroom vacation rental, on average! There were 9,413 vacation active rental properties in Nashville. 8,699 are renting the entire place, and 714 are shared rooms. On average, during the month of November 2023, each vacation rental property in Nashville is booked 68% of the time, and most hosts are projected to generate $5,273 or more during the month of November! See how much you could earn with our free vacation rental income calculator.
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$302.00 Per Night*
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68% Occupied*
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$5,273.00 Per Month*
* Based on the median average of all vacation rentals in the Nashville area.
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Get a free estimate for your home or condo.
Vacation Rentals in Nashville 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 Nashville, Tennessee
Nashville is a growing city with a strong economic base. The population grew by 50% between 2000 and 2010, making it the fastest-growing large city in the U.S. It's also known for its music scene and is one of the top destinations in the southeast for visitors from all over the world. Nashville has a unique cultural vibe that makes it an appealing destination for travelers of all ages and backgrounds. You'll find plenty to see and do in this city, including relaxing on the Tennessee Riverwalk or exploring the historic downtown area. There are several benefits to renting out your Nashville home as a short-term rental property. First, you can earn some extra money for yourself or your family. Second, you can help build up the local economy by putting money into local businesses like restaurants and shops. And third, you can share your home with other travelers looking to enjoy Nashville's unique culture and lifestyle while staying close to home.
Short-term rental properties offer an excellent opportunity for Nashville vacations. They are perfect for guests who want to experience a different way of life. There are many benefits to renting out your home as a short-term rental property. One is that you get to make money. Another is that you get to meet new people. And another is that you get to enjoy Nashville in a new way. Whatever your reason for wanting to rent out your Nashville home, there are plenty of ways to go about it. It just takes some planning and research. If you want to rent out your Nashville home as a short-term rental, there are a few things you should keep in mind. First, make sure the guests have a good experience when they stay at the property. And second, make sure they leave the property in the same condition as they found it when they arrive.
RedAwning takes the guess-work out of Nashville property management, and we work with you to ensure your Nashville short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.
See how much your Nashville vacation rental could earn:
Revenue Projections for Vacation Rentals in Nashville, Tennessee during December, 2023
Based on a 3 bedroom, which is the most common Nashville 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 Nashville vacation rental is available during these days.
$36786%1st
$37387%2nd
$26182%3rd
$23079%4th
$22879%5th
$22978%6th
$26180%7th
$36283%8th
$36583%9th
$25580%10th
$22778%11th
$22778%12th
$22778%13th
$26080%14th
$36583%15th
$37083%16th
$26280%17th
$23478%18th
$23378%19th
$23578%20th
$27579%21st
$38180%22nd
$39681%23rd
$33481%24th
$30382%25th
$28982%26th
$28982%27th
$34283%28th
$50385%29th
$52785%30th
$47284%31st
Average Daily Price & Percent Occupied Next Month In Nashville
Note: These averages are based on a 3 bedroom home in Nashville. 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 Nashville, Tennessee?
If you are a speculative home buyer or have another home in Tennessee, check out our other Tennessee Vacation Rental Management reports in Chattanooga, Gatlinburg, Knoxville, Memphis, 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
