Wauwatosa Wisconsin Vacation Rental Managers
Income Estimates And Tips To Run a Successful Short Term Rental in Wauwatosa, Updated April 2024
Rent Your Vacation Home or Condo in Wauwatosa, Wisconsin
Many Wauwatosa homeowners are renting out their homes as a way to make extra money. In fact, nearly 10% of all Wauwatosa homes are rented out at some point during the year1. As the demand for vacation rentals grows, there are many benefits to owning your own property. You can earn an income while spending quality time with your family. Plus, you can control how and when you rent your home out. There are also plenty of reasons why you might want to rent out your Wauwatosa home. Maybe you want to upgrade your living space without making a big investment. Or maybe you’re looking for a unique way to bring in some extra cash. Whatever the reason, renting out your Wauwatosa home is a smart move if you’re looking for a way to make extra money.
When partnering with RedAwning for your property management needs, we can make sure your Wauwatosa rental is set up correctly and ready to generate the most amount of revenue possible per stay.
Current Vacation Rental Trends in Wauwatosa
During the month of December, Milwaukee, for example, is projected to generate over $156/night for a 2 bedroom vacation rental, on average! There were 1,809 vacation active rental properties in Wauwatosa. 1,551 are renting the entire place, and 258 are shared rooms. On average, during the month of December 2023, each vacation rental property in Milwaukee is booked 51% of the time, and most hosts are projected to generate $1,857 or more during the month of December! Is your home in Wauwatosa and areas including , Wauwatosa, or another neighborhood in Wauwatosa, Wisconsin? See how much you could earn with your Wauwatosa vacation rental.
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$156.00 Per Night*
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51% Occupied*
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$1,857.00 Per Month*
* Based on the median average of all vacation rentals in the Wauwatosa area.
Get a free estimate for your home or condo.
Get a free estimate for your home or condo.
Vacation Rentals in Wauwatosa 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 Wauwatosa, Wisconsin
Positive vacation rental trends in Wauwatosa, Wisconsin when you considering renting out your Wauwatosa home as a short-term rental. There has been a surge in vacation rentals in the past five years, and this trend will continue as more people turn to Airbnb, VRBO and other platforms to enjoy their favorite vacation spots. But there are a few things you should keep in mind before putting your Wauwatosa home up for rent. First, make sure you’re not violating any local laws. Some parts of Wauwatosa are off-limits to short-term rentals, so be sure to check the rules before listing your property on Airbnb or VRBO. Second, do your research and make sure your property is well-maintained and up to date. Vacation rentals attract a lot of attention from new guests, so you want to make sure it’s a welcoming experience for them.
Positive vacation rental trends in Wauwatosa, Wisconsin when you considering renting out your Wauwatosa home as a short-term rental. One of the most popular vacation rentals in Smoky Hill Drive, is a 4 person house with 2 bedrooms and an additional full bath. This house is located on a quiet street just minutes from I-94 and only 2 blocks away from the Lake Park area. The house has a large wrap-around back yard that is great for relaxing or having fun in the pool. There are also nice deck areas overlooking the backyard and front yard. You can also grill out back on your private patio, making this house perfect for any barbecue lover! If you are looking for a place to stay within walking distance from downtown Wauwatosa, this is the perfect place to let your hair down!
RedAwning takes the guess-work out of Wauwatosa property management, and we work with you to ensure your Wauwatosa short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.
See how much your Wauwatosa vacation rental could earn:
Revenue Projections for Vacation Rentals in Milwaukee/Wauwatosa, Wisconsin during January, 2024
Based on a 2 bedroom, which is the most common Wauwatosa 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 Wauwatosa vacation rental is available during these days.
$15971%1st
$15070%2nd
$14869%3rd
$14569%4th
$16469%5th
$16369%6th
$14268%7th
$13968%8th
$13968%9th
$14068%10th
$14268%11th
$16269%12th
$16469%13th
$14168%14th
$13868%15th
$13768%16th
$13768%17th
$13968%18th
$15867%19th
$15967%20th
$13967%21st
$13767%22nd
$13867%23rd
$13767%24th
$14067%25th
$16168%26th
$16469%27th
$13967%28th
$13767%29th
$13867%30th
$13867%31st
Average Daily Price & Percent Occupied Next Month In Wauwatosa
Note: These averages are based on a 2 bedroom home in Milwaukee. 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 Wauwatosa, Wisconsin?
If you are a speculative home buyer or have another home in Wisconsin, check out our other Wisconsin Vacation Rental Management reports in Green Bay, Kohler, Madison, Milwaukee, Sturgeon Bay, Kenosha, Racine, Cable, Birchwood, Hayward, Fort Atkinson, Mountain, Arkdale, Clam Lake, Rice Lake, Winter, Oshkosh, Shawano, Ashwaubenon, Wausaukee, Bellevue, Allouez, Cato, Lake Geneva, Brown Deer, Monico, Pearson, Muscoda, Richland Center, Osceola, Merrimac, Howard, Sarona, Bristol, Hortonville, and Newton, Wisconsin or view all of our vacation rental market reports
