Rent Your Vacation Home or Condo in Odessa, Texas

When you're considering renting out your Odessa home as a short-term rental, there are a few positive vacation rental trends you should keep in mind. For starters, Odessa is a popular destination for tourists, so there's always demand for short-term rentals. And since Odessa is located near the Gulf of Mexico, renters often enjoy a wide range of beach activities and attractions. Another trend to watch for is the growth of luxury short-term rentals. This market is growing rapidly due to the increasing popularity of Destination weddings and corporate retreats in Odessa. So if you're looking to capitalize on these trends, now is the time to start planning your Odessa home short-term rental.

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

Current Vacation Rental Trends in Odessa

During the month of November, Odessa is projected to generate over $175/night for a 2 bedroom vacation rental, on average! There were 167 vacation active rental properties in Odessa.  136 are renting the entire place, and 31 are shared rooms.  On average, during the month of November 2023, each vacation rental property in Odessa is booked 55% of the time, and most hosts are projected to generate $1,749 or more during the month of November! See how much you could earn with our free vacation rental income calculator.
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$175.00 Per Night*

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55% Occupied*

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$1,749.00 Per Month*

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

Vacation Rentals in Odessa 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 Odessa, Texas

When you're considering renting out your Odessa home as a short-term rental, there are some positive vacation rental trends you should keep in mind. For starters, Odessa is a city that is growing rapidly. So there is a lot of demand for short-term rentals in the area. In addition, Odessa has a lot of attractions and activities that can be enjoyed by tourists. So whether you're looking for a relaxing getaway or a fun and exciting adventure, there is something for everyone in Odessa. Finally, it's important to remember that when you're renting out your home as a short-term rental, you need to take care of it like it's your own. Make sure the property is clean and well-maintained, and make sure all the necessary repairs are made. This will ensure that your guests have a great experience and that they enjoy their stay in Odessa.

When considering whether or not to rent out your Odessa home as a short-term rental, it's important to keep in mind the latest positive vacation rental trends in Odessa. According to recent reports, there are several reasons why people are choosing to rent out their homes instead of staying in them during their vacation. For starters, many people are drawn to the idea of being able to travel without having to worry about being on vacation all the time. Instead, they can take short breaks here and there, depending on their schedule. Additionally, renting out a home allows you to make extra money - and sometimes that money can go a long way. Not to mention, renting out a home can be a great way to meet new people and make some new friends. Of course, there are a few things you should keep in mind when renting out your Odessa home as a short-term rental. First and foremost, make sure you have all the proper paperwork in order. Second, make sure your home is well-maintained and in good condition - otherwise, you might end up losing potential customers. And finally, be sure to advertise your home accurately - word of mouth is still one of the best ways to market a short-term rental property. So if you're considering renting out your Odessa home this summer or fall, keep these tips in mind. You won't regret it!

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

See how much your Odessa vacation rental could earn:

Revenue Projections for Vacation Rentals in Odessa, Texas during December, 2023

Based on a 2 bedroom, which is the most common Odessa 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 Odessa vacation rental is available during these days.
 
$11093%1st
 
$11692%2nd
 
$12090%3rd
 
$11990%4th
 
$11990%5th
 
$11990%6th
 
$12291%7th
 
$11592%8th
 
$11592%9th
 
$12492%10th
 
$12392%11th
 
$12392%12th
 
$12392%13th
 
$12291%14th
 
$12090%15th
 
$12190%16th
 
$11689%17th
 
$11689%18th
 
$11689%19th
 
$11289%20th
 
$11289%21st
 
$11389%22nd
 
$11690%23rd
 
$11690%24th
 
$11590%25th
 
$11590%26th
 
$11489%27th
 
$11489%28th
 
$11489%29th
 
$11990%30th
 
$12090%31st
 

Average Daily Price & Percent Occupied Next Month In Odessa

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

If you are a speculative home buyer or have another home in Texas, check out our other Texas Vacation Rental Management reports in ArlingtonAustinBeaumontDallasDentonEl 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 IsleKellerJacksboroMissouri CityRowlettDuncanvilleBaytownTylerConverseRichmondCommerceCypressDawsonCoppellHumbleDesotoFulshearKatyGeorgetownLewisvilleWaxahachieSargentRound RockIrvingHorizon CityPflugervilleOlmos ParkWillisEulessNoconaLongviewMcallenMedinaMelissaHeathPasadenaLeanderDriftwoodVanRoanokePharrMidlandMckinneyProsperWeatherfordTexarkanaAmarilloHickory CreekOak PointTempleLacy LakeviewKilleenWoodcreekPittsburg,  and Mission, Texas or view all of our vacation rental market reports

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