Rent Your Vacation Home or Condo in Dallas, Texas

The vacation rental segment of the hospitality industry is booming, and Dallas is no exception. With an active nightlife scene and many attractions to explore, short-term vacation rentals are a great option for homeowners who want to monetize their property or for out-of-towners looking to stay in a home that feels like home. There are several key factors to consider when deciding whether or not it makes sense to rent out your Dallas home. First and foremost, short-term rentals are often more affordable than other types of lodging options. However, this doesn’t necessarily mean you should automatically go for it. You need to consider your financial goals, as well as the needs of your potential guests. If your property can accommodate more people than you currently have booked, renting out your space could be a good option. And, of course, you need to do your research and make sure that you find an appropriate tenant before setting up the rental agreement!

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

Current Vacation Rental Trends in Dallas

During the month of January, Dallas and areas including Central Dallas, Oak Lawn, Northwest Dallas, Downtown, North Central Dallas, Southwest Dallas, Oak Cliff, Bent Tree, Old East Dallas, Southeast Dallas, Lake Highlands, West Dallas, South Central Dallas, Cedars, Fort Worth Avenue, Love Field, Bryan Square, Lower Greenville, Munger Place, Junius Heights, Bertrand, Belmont, Deep Ellum, Swiss Avenue, Vickery Place, Forest Hills/Casa Linda, Ewing/Corinth, White Rock Hills, M Streets, White Rock East, Highland Hills, Sunnybrook/Preston Hollow West/Midway Hollow, Edgewood, Mount Auburn, Glen Meadow/Westhollow/Northhaven Park, Glencoe Park, Lakewood, Northwood Hills, and Lowest Greenville West are projected to generate over $162/night for a 2 bedroom vacation rental, on average! There were 5,517 vacation active rental properties in Dallas.  4,954 are renting the entire place, and 563 are shared rooms.  On average, during the month of January 2023, each vacation rental property in Dallas is booked 55% of the time, and most hosts are projected to generate $2,085 or more during the month of January! See how much you could earn with our free vacation rental income calculator.
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$162.00 Per Night*

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55% Occupied*

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$2,085.00 Per Month*

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

Featured Dallas Vacation Rental Generating Record Profits With RedAwning

Maison de Luxe Brand New Cozy, Prime Location Starting at $100 to $242 per night!

Maison de Luxe guarantees a very Serene , Fresh & memorable get-away. A spot filled with Paris energy, vibrant colors and subtle inspiration. 

Whether you are escaping to the area on honeymoon or you are simply seeking a holiday in the sunshine, you are in for a tasty treat.  

The space has an aroma of romance and is marked by the spirit of the adventurous yet courteous traveler. 

The drama starts with the open-plan, designer-finished living spaces,... Read More

This Dallas 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 Dallas.

Successful short-term vacation rentals in Dallas, Texas

When you're looking to rent out your Dallas home as a short-term rental, there are several things to keep in mind. The first is that it's important to choose a property that is in a good location. If you're renting out your home while you're on vacation, you'll want to make sure that it's close to where you're staying. You also want to make sure that it's well-maintained so that guests feel comfortable and at home. Finally, you should be prepared for the possibility of unexpected expenses if your guests end up breaking something or causing damage. Before renting out your Dallas home as a short-term rental, be sure to do your research and think through all of the potential risks and rewards.

Are you considering a vacation rental in Dallas, Texas? There are a number of positive trends to consider when you are looking to rent out your Dallas home as a short-term rental. First and foremost, there is a growing demand for short-term rentals in Dallas, Texas. This demand is driven by the rise of visitors, both domestic and international. Additionally, there is a shortage of available housing in Dallas, Texas. These factors have led to a rise in short-term rental availability in Dallas, Texas. Finally, there is a shortage of affordable housing in Dallas, Texas. This has led to higher demand for affordable options such as short-term rental properties. When considering whether or not to rent out your Dallas home as a short-term rental, it is important to take these trends into consideration. By doing so, you can ensure that you are making the best decision for your situation.

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

See how much your Dallas vacation rental could earn:

Revenue Projections for Vacation Rentals in Dallas, Texas during February, 2023

Based on a 2 bedroom, which is the most common Dallas 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 February. Higher bars below can command higher prices, if your Dallas vacation rental is available during these days.
 
$17478%1st
 
$17979%2nd
 
$21380%3rd
 
$21581%4th
 
$18179%5th
 
$17878%6th
 
$17978%7th
 
$17978%8th
 
$18579%9th
 
$22480%10th
 
$22480%11th
 
$18978%12th
 
$18478%13th
 
$18077%14th
 
$18377%15th
 
$18978%16th
 
$22679%17th
 
$23079%18th
 
$19078%19th
 
$18276%20th
 
$17776%21st
 
$18477%22nd
 
$20179%23rd
 
$24581%24th
 
$24681%25th
 
$20279%26th
 
$18476%27th
 
$18275%28th
 

Average Daily Price & Percent Occupied Next Month In Dallas

Note: These averages are based on a 2 bedroom home in Dallas. 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 Dallas, Texas?

If you are a speculative home buyer or have another home in Texas, check out our other Texas Vacation Rental Management reports in ArlingtonAustinBeaumontDentonEl PasoFort WorthFredericksburgGrapevineHoustonLaredoPlanoSan AngeloSan AntonioSan MarcosSouth Padre IslandLubbockCorpus ChristiPort AransasAransas PassNew BraunfelsCrystal BeachGalvestonRockportPort BolivarCanyon LakeCaplenGilchristPort IsabelKerrvilleFultonTaftGalveston IslandJamaica BeachAlpinePort AansasLlanoGlen RoseThe ColonyCedar ParkNorth Richland HillsGrand PrairieTiki IslandCenter PointFriscoHockleyStonewallAllenDossNacogdochesS Padre IsleKeller,  and Jacksboro, Texas or view all of our vacation rental market reports

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