Virginia Beach Virginia Vacation Rental Management
Income Estimates And Tips To Run a Successful Short Term Rental in Virginia Beach, Updated October 2024
Rent Your Vacation Home or Condo in Virginia Beach, Virginia
Positive vacation rental trends in Virginia Beach, Virginia for short-term vacation rentals are: There are many advantages to renting out your home when you're not staying there. You can make some extra money, have more flexibility in your schedule, and have the place to yourself. For these reasons, it's becoming increasingly popular to rent out your home for a short-term vacation rental. But be aware that having a guest house or cottage on your property comes with certain restrictions. Among them are the need to register with the city, get a business license and meet other regulations that must be followed by short-term vacation rentals. You may also want to check with your neighbors before listing your home as a short-term vacation rental so they know what's going on and they can plan their own schedule accordingly. Because not all neighbors will be thrilled to see their homes and yards being used as a short-term vacation rental instead of being left alone to enjoy the summer sun!
When partnering with RedAwning for your property management needs, we can make sure your Virginia Beach rental is set up correctly and ready to generate the most amount of revenue possible per stay.
Current Vacation Rental Trends in Virginia Beach
During the month of December, Colonial Beach, for example, is projected to generate over $233/night for a 3 bedroom vacation rental, on average! There were 174 vacation active rental properties in Virginia Beach. 165 are renting the entire place, and 9 are shared rooms. On average, during the month of December 2023, each vacation rental property in Colonial Beach is booked 50% of the time, and most hosts are projected to generate $2,941 or more during the month of December! Is your home in Virginia Beach, or another neighborhood in Virginia Beach, Virginia? See how much you could earn with your Virginia Beach vacation rental.
tag
$233.00 Per Night*
calendar
50% Occupied*
gauge
$2,941.00 Per Month*
* Based on the median average of all vacation rentals in the Virginia Beach area.
Get a free estimate for your home or condo.
Get a free estimate for your home or condo.
Featured Virginia Beach Vacation Rental Generating Record Profits With RedAwning
Bike to the Beach | Outdoor Games | Fire Pit Starting at $169 to $249 per night!
Welcome to our hidden gem in Virginia Beach! Our cozy and comfortable 3-bedroom, 1.5-bathroom rental property is the perfect home away from home for your next vacation. With all the amenities you could need and the ideal location, this rental will be your perfect getaway.
Located just a stone's throw from the beach, our property offers convenience and easy access to all the fun and excitement that Virginia Beach has to offer. Whether you're looking for a peaceful beach vacation, a... Read More
This Virginia Beach 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 Virginia Beach.
Successful short-term vacation rentals in Virginia Beach, Virginia
Positive vacation rental trends in Virginia Beach, Virginia when you considering renting out your Virginia Beach home as a short-term rental There are many benefits to renting out your home during the summer months. First and foremost, it can help you reduce your overall tax bill. Second, it can provide an extra source of income. And finally, it can be a fun way to spend time with friends and family. However there are a few things you need to keep in mind when deciding to rent out your home this summer. First, make sure it fits your criteria. Do you have the space? Do you want to charge more for a larger space? Do you want people to be able to swim? If not, then don’t rent it out. Second, make sure you understand the rules and regulations surrounding short-term rentals in Virginia Beach. There are certain rules that need to be followed in order for you not to run afoul of the law. Third, make sure you understand how much it will cost before signing a lease agreement. Fourth, make sure you understand what kind of deposit is required before making any payments. These are just some of the things that you should keep in mind when deciding to rent out your home this summer.
There are many reasons to consider renting out your vacation home during the peak season. First, renting out your home can help you cover some of the costs associated with taking a break from work. Second, it can be a great way to generate extra income—either by offering a vacation rental service or by renting out individual accommodations. Finally, renting out your Virginia Beach home can be a rewarding experience for both you and your guests. They may be able to take advantage of all that Virginia Beach has to offer, while you get to spend some time away from the daily grind.
RedAwning takes the guess-work out of Virginia Beach property management, and we work with you to ensure your Virginia Beach short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.
See how much your Virginia Beach vacation rental could earn:
Revenue Projections for Vacation Rentals in Colonial Beach/Virginia Beach, Virginia during January, 2024
Based on a 3 bedroom, which is the most common Virginia Beach 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 January. Higher bars below can command higher prices, if your Virginia Beach vacation rental is available during these days.
$23366%1st
$22461%2nd
$22061%3rd
$22361%4th
$22760%5th
$23160%6th
$22259%7th
$22059%8th
$21959%9th
$21959%10th
$22260%11th
$23261%12th
$23361%13th
$22560%14th
$22360%15th
$21959%16th
$22059%17th
$22159%18th
$22959%19th
$23058%20th
$22258%21st
$22059%22nd
$21959%23rd
$22159%24th
$22059%25th
$22859%26th
$22859%27th
$22359%28th
$22059%29th
$22259%30th
$22259%31st
Average Daily Price & Percent Occupied Next Month In Virginia Beach
Note: These averages are based on a 3 bedroom home in Colonial Beach. 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 Virginia Beach, Virginia?
If you are a speculative home buyer or have another home in Virginia, check out our other Virginia Vacation Rental Management reports in Alexandria, Arlington, Charlottesville, Richmond, Mineral, Bumpass, Orange, Norfolk, Chesapeake, Suffolk, Shadwell, Machipongo, Winchester, University, Madison, Bon Air, Lake Frederick, Bedford, and Amherst, Virginia or view all of our vacation rental market reports
