Green Bay Wisconsin Vacation Rental Report
Success Stories & Vacation Rental Trends, Updated September 2022
There are several reasons why people choose to rent out a home during their vacation. The most obvious reason is that it allows you to save money. If you are renting, you are not coughing up the money for the home itself and will have fewer expenses overall. For example, you may not need to buy furniture and appliances. But you could also get a tax break if you’re renting out a home that is your primary residence. Another big benefit of short-term vacation rentals is flexibility. If you want to visit family in another city, you can easily do so by renting out a room instead of buying a plane ticket or taking an expensive hotel room. And on the flip side, if you’re traveling with children and don’t want to worry about where they’re sleeping at night, short-term vacation rentals provide peace of mind at a much cheaper price than a hotel room.
As Green Bay continues to be a top tourist destination, more and more families are choosing to rent out their homes during their vacation time. While short-term rental services are becoming more popular, there are still many things to consider before deciding to take the plunge. For example, short-term rental services can be expensive. You will have to pay a one-time fee to set up your account, as well as an annual fee each year that you rent out your home. Additionally, you will have to pay a cleaning fee each time you book a renter. There are also other costs that you may not be expecting. For example, if your home has any antiques or collectibles, you may need to cover the cost of storing them when they are not in use. And if you want to make any repairs or upgrades, you may need to cover those costs as well. However, there are ways to reduce these costs. For example, you can accept lower prices for shorter rentals periods and eliminate some of the daily cleaning fees by hiring a cleaner service.
If you’re considering a vacation rental in Green Bay, these positive trends will make your decision a no-brainer: There are currently more than 100 vacation rental properties available on Airbnb.com, HomeAway.com and VRBO.com in Green Bay. More and more people are choosing to rent their homes during the off-season to make extra money. Renters are looking for places that offer great value, amenities, and location. There is a wide range of property types available to choose from, including condos, houses, townhouses, cottages, cabins, manufactured homes and more.
Note: These averages are based on a 3 bedroom home in Green Bay. 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 Wisconsin, check out our other Wisconsin Vacation Rental Management reports in Kohler, Madison, Milwaukee, Sturgeon Bay, Kenosha, Racine, Cable, Birchwood, Hayward, and Fort Atkinson, Wisconsin or view all of our vacation rental market reports