10 Best & Worst Vacation Rental Markets of 2018

Posted by Hannah Lapin on Oct 30, 2018 9:00:00 AM

2018 Vacation Rental Market Insight

 

This blog post has been updated May 2024 for freshness and accuracy

 

Looking to buy a vacation rental? Rented.com compared 150 United States vacation markets in terms of real estate prices, local vacation rental rates, insurance costs, taxes, maintenance costs, and overall popularity of the tourist destinations. They also took into consideration the short-term rental regulations and came up with the best places to buy vacation rentals based on ROI. As the vacation rental market evolves, consider the burgeoning demand for midterm rental properties, which offer flexibility for tenants seeking longer stays than typical vacation periods. Exploring markets that support both short-term and midterm rentals could further optimize your investment strategy. Here are some of their findings of the top 10 most profitable and least profitable places to buy properties:

10 Best Vacation Markets in Terms of ROI:

  • Panama City Beach, Florida
  • Chicago, Illinois
  • Napa, California
  • Tulsa, Oklahoma
  • Memphis, Tennessee
  • Nashville, Tennessee
  • Killington, Vermont
  • Seattle, Washington
  • Navarre, Florida
  • Atlanta, Georgia

10 Worst Vacation Markets in Terms of ROI:

  • Oklahoma City, Oklahoma
  • Ponte Vedra, Florida
  • New York, New York
  • Baltimore, Maryland
  • Telluride, Colorado
  • Park City, Utah
  • Naples, Florida
  • Martha’s Vineyard, Massachusetts
  • Palo Alto, California
  • Aspen, Colorado

Check out the Rented.com 2018 Report to see all 150 vacation markets and more details on ROI and estimated rental income. 

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Topics: Rental Market Research

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