Rent Your Vacation Home or Condo in Pigeon Forge, Tennessee

Vacation rentals are a great way to earn extra income while spending time with family and friends, but they can also put your home at risk if not handled properly. Here are some things you should know before renting out your Pigeon Forge property: If you plan on renting out your home for less than 30 days, the lease must be in writing. If you have questions about this, contact your local city hall or zoning office. Don't rent to people who don't meet the rental criteria. This could include having pets that aren't allowed by your local noise ordinance and also having an active background check. Make sure the property is in good condition before renting it out. To do this, make sure all appliances work, that the roof is covered and there is no damage to the yard. Know what you're getting into before you book a vacation rental in Pigeon Forge, Tennessee. It might be too much work for you to maintain during your vacation, and it might be too expensive for you to keep up after you leave.

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

Current Vacation Rental Trends in Pigeon Forge

During the month of September, Pigeon Forge is projected to generate over $247/night for a 2 bedroom vacation rental, on average! There were 3,045 vacation active rental properties in Pigeon Forge.  2,916 are renting the entire place, and 129 are shared rooms.  On average, during the month of September 2022, each vacation rental property in Pigeon Forge is booked 68% of the time, and most hosts are projected to generate $4,585 or more during the month of September! See how much you could earn with our free vacation rental income calculator.
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$247.00 Per Night*

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68% Occupied*

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$4,585.00 Per Month*

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

Featured Pigeon Forge Vacation Rental Generating Record Profits With RedAwning

Grand Mountain Getaway Starting at $1,444 to $2,867 per night!



FABULOUS LOCATION, LUXURY LOG CABIN, YOU WILL LOVE THE GAME ROOM. CHECK US OUT.
Grand Mountain Getaway is a one of kind custom built luxury lodge with incredible amenities. Perfect for the extended family, church group, or business retreat. At Grand Mountain Getaway you can either: take a swim in the 17 foot year round pool, stream a movie in the 19 seat HD surround sound theater room with an 11 foot screen, play one of the multiple state of the... Read More

This Pigeon Forge 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 Pigeon Forge.

Successful short-term vacation rentals in Pigeon Forge, Tennessee

The legal and financial aspects of renting out a home in Pigeon Forge, Tennessee can be overwhelming. It’s important to know your rights, as well as the rules and regulations that come with renting out a home in this area. But one positive trend is that more people are choosing to rent out their homes and use the extra income. That’s good both for you and the local economy. As a renter, you have many options. You can choose from short-term rentals, which offer overnight stays, or long-term rentals, which include month-to-month or year-to-year leases. You might also choose to stay with friends or family members who are willing to host you for an extended period of time. Whatever type of rental you choose, it’s important to follow the rules and regulations set forth by the city and state. These rules are designed to protect both you and the community.

As a vacation rental home owner, it’s important to consider the impact that your short-term rental may have on the community. While short-term rentals help offset property taxes and provide income for homeowners, they can also cause problems if they are not properly managed. For example, excessive noise from loud parties can disturb neighbors and lead to complaints. Unlawful activity can be another issue; if tenants use their rental home for prostitution, drug use or other illegal activities, they could be subject to fines and even potential jail time. By renting out your Pigeon Forge home as a short-term rental, you are agreeing to follow local laws and regulations and reserving the right to evict any tenant who breaks these rules.

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

See how much your Pigeon Forge vacation rental could earn:

Revenue Projections for Vacation Rentals in Pigeon Forge, Tennessee during October, 2022

Based on a 2 bedroom, which is the most common Pigeon Forge 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 October. Higher bars below can command higher prices, if your Pigeon Forge vacation rental is available during these days.
 
$25286%1st
 
$21979%2nd
 
$21678%3rd
 
$21778%4th
 
$21678%5th
 
$22282%6th
 
$28092%7th
 
$30994%8th
 
$24491%9th
 
$23988%10th
 
$22885%11th
 
$22385%12th
 
$23888%13th
 
$29091%14th
 
$29190%15th
 
$23581%16th
 
$23079%17th
 
$22777%18th
 
$22778%19th
 
$24181%20th
 
$28484%21st
 
$28083%22nd
 
$22773%23rd
 
$22271%24th
 
$22271%25th
 
$22272%26th
 
$23173%27th
 
$25974%28th
 
$25171%29th
 
$21863%30th
 
$21361%31st
 

Average Daily Price & Percent Occupied Next Month In Pigeon Forge

Note: These averages are based on a 2 bedroom home in Pigeon Forge. 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 Pigeon Forge, Tennessee?

If you are a speculative home buyer or have another home in Tennessee, check out our other Tennessee Vacation Rental Management reports in ChattanoogaGatlinburgKnoxvilleMemphisNashvilleSeviervilleTownsendAshevilleCosbyTellico PlainsDandridgeNewportButlerPigeon Fore,  and Jacksboro, Tennessee or view all of our vacation rental market reports

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