Westport Washington Vacation Rental Managers
Income Estimates And Tips To Run a Successful Short Term Rental in Westport, Updated April 2023
Westport is a town located on the Olympic Peninsula in Washington state. It is located about 15 miles away from the Pacific Ocean and about 35 miles away from the city of Seattle. Westport has a population of about 17,000. The median age of residents is 47 years old. The median household income is $78,530. The housing prices in Westport are relatively high compared to other coastal communities. Westport's economy is primarily based on tourism and recreation. There are a lot of recreational activities that locals and visitors can participate in such as fishing, boating, camping and hiking. A lot of tourists also come to Westport for whale watching and bird watching. There are also a lot of great restaurants and shops to visit if you want to eat or shop locally.
When partnering with RedAwning for your property management needs, we can make sure your Westport rental is set up correctly and ready to generate the most amount of revenue possible per stay.
There are many positives to renting out your home as a short-term rental. For starters, you can earn extra money. It takes some time to set up the process and find a renter, so if you want to make a quick sale, this may be a good option for you. You also don’t have to deal with maintenance issues or house guests. Another benefit is that it’s much easier to rent out your house when you’re gone for the day or weekend. This can help you save on travel expenses when you’re on vacation. There are, however, some downsides to renting out your home as a short-term rental. First of all, it can be more difficult to find a renter who will actually pay rent on time and respect the house rules. If your house isn’t well maintained or it has issues such as leaks or damage from guests, it could be hard for potential renters to see what they're getting into. Another downside is that some property owners may not appreciate the extra income when their home is rented out at a reduced rate or even free of charge.
Westport, Washington is a wonderful vacation destination with many things to see and do. From the beautiful beaches to the historic homes, there is something for everyone. Thanks to the popularity of Airbnb, short-term rental homes are also in high demand. In fact, according to Airbnb’s 2018 Year in Review, Westport is one of the top 10 cities in the world for short-term rentals. With so much to see and do, it’s no wonder that more people are choosing to stay in Westport instead of booking a hotel room. The biggest reason why so many people choose to stay in Westport as a short-term rental guest is because they like the fact that there are so many great things to do within walking distance. Plus, it’s easy to get around the town using a car or public transportation. Moreover, there are tons of restaurants and coffee shops where you can relax after a long day of sightseeing. Another positive trend for renting out your home as a short-term rental is that people are staying longer these days. Whether it’s because they want to enjoy Westport even more or just want an extra place to stay while they travel, more people are turning their homes into short-term rentals instead of just renting them out during peak season.
RedAwning takes the guess-work out of Westport property management, and we work with you to ensure your Westport short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.
Note: These averages are based on a 2 bedroom home in Westport. 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.
If you are a speculative home buyer or have another home in Washington, check out our other Washington Vacation Rental Management reports in Chelan, The Gorge, Quincy, Cashmere, Leavenworth, Blaine, Olympia, Seattle, Spokane, North Bend, Glacier, Maple Falls, White Salmon, Lyle, Deming, Renton, Sedro Woolley, Des Moines, Carson, Bingen, Greenbank, Kent, Orting, Stevenson, Enumclaw, Tacoma, Coupeville, Port Orchard, and Bellevue, Washington or view all of our vacation rental market reports