40 Best Cities for Airbnb Rental Income in 2023

To be profitable, finding the best locations for Airbnb rental income is crucial. Read to know the best markets for short term rentals.

The short term rental market remains strong as ever despite the potential housing market crash projected to happen soon. In fact, if you want to remain relevant and profitable as a real estate investor, investing in Airbnb is a great idea. Since home-sharing platforms became popular in 2010, many vacation rental owners earned (and continue to earn) significant returns.

Table of Contents

Is Airbnb Still Profitable in 2023?
Where to Find Airbnb Data
What Are the Best Cities for Airbnb Rental Income in 2023?

While short term rentals are a great investment strategy, not all locations are optimal for Airbnb investing. To be a successful Airbnb owner, it’s important to conduct an Airbnb market analysis before buying any investment property. A thorough research can help you determine which areas are best for investing in Airbnb, allowing you to find the most profitable Airbnb for sale.

There are several factors to consider when finding the best places for Airbnb investment. For instance, you must ensure that the location is a good tourist destination. After all, most guests of short term rentals visit for leisure. A city with a thriving tourism industry and is close to several tourist attractions is an excellent option.

Aside from the demand for short term rentals in the area, you also need to check the other metrics that will help determine if a particular property will make a good Airbnb investment. The best investment property will not only generate the most profits, but should achieve a high occupancy rate for continuous cash flow.

Is Airbnb Still Profitable in 2023?

After being one of the most adversely affected industries during the pandemic in 2020, the short term rental market quickly got back on its feet. Airbnb’s been on the road to immediate recovery since mid-2021. The bad news is that, with the rising interest rates and talks of possible recession in 2023, some investors are quitting from the Airbnb platform.

However, the good news is that many new investors are still interested in investing in short term rentals in 2023. Why? It’s because Airbnb, and the short term rental market in general, will remain one of the most profitable real estate investment strategies. Despite the possible cooling off of the real estate market, short term rentals will remain strong and in demand.

Reasons Why You Should Invest in Airbnb in 2023

In general, investing in short term rentals is a good idea, even in 2023. Many new investors are looking for the best and profitable vacation homes for sale because they know that they can earn substantial returns from Airbnb. Here are the top three reasons why you should invest in Airbnb this year:

1. Opportunity to Earn High Profits

One of the most common reasons investors want to invest in short term rentals is that Airbnb properties offer the opportunity to earn higher returns than long term rentals. Depending on your Airbnb’s location, you can earn around 10% to 25% rental yields. Also, you can increase your rental rate during peak seasons.

2. Airbnb Properties Are Easy to Maintain

Compared to long term rentals, Airbnb properties are generally easier and less costly to maintain. It’s because Airbnb owners can charge cleaning fees to their guests. The fees are used to clean and maintain the upkeep of the property after each guest’s stay. Also, since Airbnb guests usually just stay for the short term, there is less risk of wear and tear.

3. Higher Demands in 2023

While many people fear that the demand for short term rentals will fluctuate this year, experts believe otherwise. In fact, an article from Cision PR Newswire indicates that the demand for short term rentals is expected to increase by 5.5% in 2023. It means that the short term rental market in the US will remain strong amidst the possible recession.

Risks of Investing in Airbnb in 2023

Just as any type of investment, investing in short term rentals also comes with risks. As an investor, it’s essential to understand the risks involved in this type of real estate investment, so you’ll know what you’re getting yourself into. Knowing the risks will help you find ways to mitigate them and rise above the challenges. Here are a few things that you should know:

1. Higher Upfront Costs

One of the biggest challenges of buying vacation rentals for sale is the possible high upfront costs. You should invest a good portion of your money in home improvement to ensure that your property stands out among the competition. On top of that, you have to spend more on short term rental registration fees because this is a requirement in most (if not all) cities.

2. More Time and Effort Required

In most cases, short term rental owners need to be involved in property management if they want to be successful in their venture. Since you’ll be dealing with different sets of guests after just a few days, you must ensure that your property is well-maintained and that your guests are comfortable. Such a type of investment requires more time and effort and is not really passive.

3. More Competition in 2023

In 2023, short term rental owners should brace for more competition. Since the popularity of Airbnb investing continues to rise, so are the number of listings in certain famous destinations. Because of this, hosts will have to compete more aggressively. If you’re a new investor, it’s crucial to find an Airbnb location that is not yet too saturated with short term rentals.

To find the best locations for Airbnb, it’s important to study the recent Airbnb data and analytics. In the following section, we will discuss where you can find the most accurate and up-to-date real estate data to help you determine the best places for Airbnb investment.

Where to Find Airbnb Data

Mashvisor’s Airbnb data can help you identify the best locations for Airbnb

To become a successful short term rental investor, you need to conduct proper Airbnb investment analysis using recent and accurate real estate data. However, if you choose to do your research manually on your own, this can take a lot of time, not to mention that it’s also prone to errors.

You should avoid erroneous information because it can result in a wrong decision. Fortunately, it’s easier to find all the necessary information to help you make the proper Airbnb analysis with the help of Mashvisor. Mashvisor is a real estate analytics platform that makes Airbnb investing easy for both new and seasoned investors.

How Can Mashvisor Help With Airbnb Investing?

Mashvisor offers a number of real estate tools that can help you determine the best short term rental markets for Airbnb investing. If you subscribe to Mashvisor, you’ll get access to the following important features:

Investment Property Search

You can start your quest through Mashvisor’s investment property search tool, where you can easily search for an investment property based on your preferred location. Mashvisor’s database contains hundreds of thousands of listings across the United States, making it easier for you to find the best Airbnb property to invest in.

Find the best locations for Airbnb using Mashvisor’s Investment Property Search

Property Valuation Analytics

Once you find a property that interests you, all you need to do is click on it and you will see an overview of all the real estate data that you need. This feature provides a quick overview of how much rental income you’ll earn, the expected expenses, cash flow, cap rate, and cash on cash return. It is presented as a comparison for both short term and long term strategies.

Airbnb Profit Calculator

The Airbnb profit calculator, also known as the investment property calculator, shows you the necessary data so you can determine if the property is profitable or not. You will see the income, occupancy rate, Airbnb daily rate, cap rate, cash on cash return, and breakdown of costs. Plus, you can adjust the expenses and customize them based on your own investment plans.

Mortgage Calculator

You will also access a mortgage calculator so you can factor in your monthly mortgage payments. You can adjust the figures in the mortgage calculator and customize information such as the loan term, interest rate, amount of the down payment, and mortgage type. You’ll be able to get a more accurate computation based on your investment plans.

The Airbnb data that Mashvisor provides will help you make an informed investment decision. What’s more, you’ll also see a side-by-side comparison of the figures for short term and long term investment strategies. This way, you’ll be able to determine if that particular property is really optimal for Airbnb investing.

Are you ready to find the best places for Airbnb investment? Start your 7-day free trial with Mashvisor now.

What Are the Best Cities for Airbnb Rental Income in 2023?

Location is a very important factor that can either make or break your investment. Before buying any investment property, it’s vital to study your location carefully to ensure that it is optimal for Airbnb investing. To help you get started, we’ve selected the best places for Airbnb investment based on certain criteria using different essential metrics.

To choose the best places for short term rentals, we considered markets with median property prices below $1 million. We only selected markets with at least 100 Airbnb listings and Airbnb rental income above $2,000. Moreover, we only included places with an Airbnb occupancy rate of at least 50% and cash on cash returns of 2% or higher.

Here are the top 40 best locations for Airbnb investing in 2023, according to Mashvisor’s data as of January 2023:

Best Cities With Airbnb Rental Income $2,000 to $3,000

Considering other factors mentioned above, below are the best cities with Airbnb rental income between $2,000 and $3,000. Note that three Florida cities made it to the list. It is because there is a high demand for short term rentals in Florida.

1. Fruitland Park, FL

Median Property Price: $427,016
Average Price per Square Foot: $213
Days on Market: 128
Number of Short Term Rental Listings: 115
Monthly Short Term Rental Income: $2,438
Short Term Rental Cash on Cash Return: 3.18%
Short Term Rental Cap Rate: 3.23%
Short Term Rental Daily Rate: $129
Short Term Rental Occupancy Rate: 54%
Walk Score: 38

Start searching for Fruitland Park FL houses for sale with high Airbnb ROI.

2. Clive, IA

Median Property Price: $403,487
Average Price per Square Foot: $248
Days on Market: 113
Number of Short Term Rental Listings: 120
Monthly Short Term Rental Income: $2,350
Short Term Rental Cash on Cash Return: 2.06%
Short Term Rental Cap Rate: 2.09%
Short Term Rental Daily Rate: $147
Short Term Rental Occupancy Rate: 54%
Walk Score: 38

3. Forest Hill, TX

Median Property Price: $293,067
Average Price per Square Foot: $184
Days on Market: 4
Number of Short Term Rental Listings: 226
Monthly Short Term Rental Income: $2,338
Short Term Rental Cash on Cash Return: 4.49%
Short Term Rental Cap Rate: 4.58%
Short Term Rental Daily Rate: $155
Short Term Rental Occupancy Rate: 50%
Walk Score: 29

4. Las Cruces, NM

Median Property Price: $407,937
Average Price per Square Foot: $231
Days on Market: 92
Number of Short Term Rental Listings: 150
Monthly Short Term Rental Income: $2,337
Short Term Rental Cash on Cash Return: 3.49%
Short Term Rental Cap Rate: 3.55%
Short Term Rental Daily Rate: $101
Short Term Rental Occupancy Rate: 57%
Walk Score: 43

5. Chattanooga, TN

Median Property Price: $445,432
Average Price per Square Foot: $237
Days on Market: 91
Number of Short Term Rental Listings: 781
Monthly Short Term Rental Income: $2,323
Short Term Rental Cash on Cash Return: 3.24%
Short Term Rental Cap Rate: 3.30%
Short Term Rental Daily Rate: $165
Short Term Rental Occupancy Rate: 51%
Walk Score: 38

6. Wildwood, FL

Median Property Price: $521,797
Average Price per Square Foot: $507
Days on Market: 306
Number of Short Term Rental Listings: 150
Monthly Short Term Rental Income: $2,320
Short Term Rental Cash on Cash Return: 2.92%
Short Term Rental Cap Rate: 2.97%
Short Term Rental Daily Rate: $127
Short Term Rental Occupancy Rate: 51%
Walk Score: 56

7. Provo, UT

Median Property Price: $522,292
Average Price per Square Foot: $1,799
Days on Market: 124
Number of Short Term Rental Listings: 240
Monthly Short Term Rental Income: $2,314
Short Term Rental Cash on Cash Return: 2.17%
Short Term Rental Cap Rate: 2.20%
Short Term Rental Daily Rate: $135
Short Term Rental Occupancy Rate: 52%
Walk Score: 88

8. Parma Heights, OH

Median Property Price: $194,232
Average Price per Square Foot: $141
Days on Market: 61
Number of Short Term Rental Listings: 135
Monthly Short Term Rental Income: $2,409
Short Term Rental Cash on Cash Return: 7.40%
Short Term Rental Cap Rate: 7.61%
Short Term Rental Daily Rate: $140
Short Term Rental Occupancy Rate: 50%
Walk Score: 66

9. Kissimmee, FL

Median Property Price: $423,170
Average Price per Square Foot: $237
Days on Market: 91
Number of Short Term Rental Listings: 598
Monthly Short Term Rental Income: $2,418
Short Term Rental Cash on Cash Return: 2.76%
Short Term Rental Cap Rate: 2.80%
Short Term Rental Daily Rate: $124
Short Term Rental Occupancy Rate: 56%
Walk Score: 65

10. Wilmington, DE

Median Property Price: $397,342
Average Price per Square Foot: $608
Days on Market: 89
Number of Short Term Rental Listings: 179
Monthly Short Term Rental Income: $2,931
Short Term Rental Cash on Cash Return: 4.80%
Short Term Rental Cap Rate: 4.88%
Short Term Rental Daily Rate: $137
Short Term Rental Occupancy Rate: 54%
Walk Score: 72

Best Cities With Airbnb Rental Income $3,000 to $4,000

Here are the best places with Airbnb rental between $3,000 to $4,000. Two cities from Texas, two from Illinois, and two cities from Maryland are part of the following list.

1. Abilene, TX

Median Property Price: $315,050
Average Price per Square Foot: $158
Days on Market: 1
Number of Short Term Rental Listings: 217
Monthly Short Term Rental Income: $3,112
Short Term Rental Cash on Cash Return: 5.99%
Short Term Rental Cap Rate: 6.12%
Short Term Rental Daily Rate: $137
Short Term Rental Occupancy Rate: 52%
Walk Score: 30

Start searching for Abilene TX houses for sale with high Airbnb potential.

2. Maywood, IL

Median Property Price: $233,374
Average Price per Square Foot: $143
Days on Market: 92
Number of Short Term Rental Listings: 327
Monthly Short Term Rental Income: $3,116
Short Term Rental Cash on Cash Return: 7.20%
Short Term Rental Cap Rate: 7.38%
Short Term Rental Daily Rate: $160
Short Term Rental Occupancy Rate: 59%
Walk Score: 58

3. Vero Beach, FL

Median Property Price: $737,242
Average Price per Square Foot: $344
Days on Market: 106
Number of Short Term Rental Listings: 290
Monthly Short Term Rental Income: $3,120
Short Term Rental Cash on Cash Return: 3.46%
Short Term Rental Cap Rate: 3.51%
Short Term Rental Daily Rate: $171
Short Term Rental Occupancy Rate: 53%
Walk Score: 78

4. District Heights, MD

Median Property Price: $324,682
Average Price per Square Foot: $271
Days on Market: 88
Number of Short Term Rental Listings: 119
Monthly Short Term Rental Income: $3,124
Short Term Rental Cash on Cash Return: 5.54%
Short Term Rental Cap Rate: 5.63%
Short Term Rental Daily Rate: $165
Short Term Rental Occupancy Rate: 53%
Walk Score: 51

5. Salem, OR

Median Property Price: $518,192
Average Price per Square Foot: $272
Days on Market: 88
Number of Short Term Rental Listings: 160
Monthly Short Term Rental Income: $3,126
Short Term Rental Cash on Cash Return: 3.57%
Short Term Rental Cap Rate: 3.62%
Short Term Rental Daily Rate: $148
Short Term Rental Occupancy Rate: 64%
Walk Score: 46

6. Butte, MT

Median Property Price: $512,159
Average Price per Square Foot: $295
Days on Market: 86
Number of Short Term Rental Listings: 118
Monthly Short Term Rental Income: $3,142
Short Term Rental Cash on Cash Return: 5.05%
Short Term Rental Cap Rate: 5.13%
Short Term Rental Daily Rate: $131
Short Term Rental Occupancy Rate: 58%
Walk Score: 70

7. Capitol Heights, MD

Median Property Price: $366,991
Average Price per Square Foot: $357
Days on Market: 75
Number of Short Term Rental Listings: 138
Monthly Short Term Rental Income: $3,152
Short Term Rental Cash on Cash Return: 5.15%
Short Term Rental Cap Rate: 5.23%
Short Term Rental Daily Rate: $147
Short Term Rental Occupancy Rate: 55%
Walk Score: 58

8. Waco, TX

Median Property Price: $387,475
Average Price per Square Foot: $211
Days on Market: 93
Number of Short Term Rental Listings: 427
Monthly Short Term Rental Income: $3,796
Short Term Rental Cash on Cash Return: 6.13%
Short Term Rental Cap Rate: 6.24%
Short Term Rental Daily Rate: $200
Short Term Rental Occupancy Rate: 53%
Walk Score: 37

9. Bellwood, IL

Median Property Price: $258,460
Average Price per Square Foot: $208
Days on Market: 84
Number of Short Term Rental Listings: 173
Monthly Short Term Rental Income: $3,820
Short Term Rental Cash on Cash Return: 7.77%
Short Term Rental Cap Rate: 7.91%
Short Term Rental Daily Rate: $164
Short Term Rental Occupancy Rate: 62%
Walk Score: 83

10. West Hempstead, NY

Median Property Price: $614,291
Average Price per Square Foot: $876
Days on Market: 79
Number of Short Term Rental Listings: 266
Monthly Short Term Rental Income: $3,872
Short Term Rental Cash on Cash Return: 2.27%
Short Term Rental Cap Rate: 2.29%
Short Term Rental Daily Rate: $160
Short Term Rental Occupancy Rate: 51%
Walk Score: 86

Best Cities With Airbnb Rental Income $4,000 to $5,000

Here are the best cities with Airbnb rental income between $4,000 to $5,000. Two cities from California and two from Florida made it to the list below.

1. Savannah, GA

Median Property Price: $632,158
Average Price per Square Foot: $383
Days on Market: 95
Number of Short Term Rental Listings: 1,728
Monthly Short Term Rental Income: $4,081
Short Term Rental Cash on Cash Return: 5.15%
Short Term Rental Cap Rate: 5.21%
Short Term Rental Daily Rate: $271
Short Term Rental Occupancy Rate: 50%
Walk Score: 72

Start searching for Savannah GA houses for sale with high Airbnb ROI.

2. Kingston, NY

Median Property Price: $392,998
Average Price per Square Foot: $265
Days on Market: 116
Number of Short Term Rental Listings: 243
Monthly Short Term Rental Income: $4,090
Short Term Rental Cash on Cash Return: 6.11%
Short Term Rental Cap Rate: 6.20%
Short Term Rental Daily Rate: $222
Short Term Rental Occupancy Rate: 51%
Walk Score: 81

3. Walnut Creek, CA

Median Property Price: $829,100
Average Price per Square Foot: $597
Days on Market: 52
Number of Short Term Rental Listings: 206
Monthly Short Term Rental Income: $4,114
Short Term Rental Cash on Cash Return: 2.97%
Short Term Rental Cap Rate: 3.00%
Short Term Rental Daily Rate: $182
Short Term Rental Occupancy Rate: 54%
Walk Score: 65

4. Ann Arbor, MI

Median Property Price: $569,047
Average Price per Square Foot: $2,635
Days on Market: 97
Number of Short Term Rental Listings: 413
Monthly Short Term Rental Income: $4,120
Short Term Rental Cash on Cash Return: 4.92%
Short Term Rental Cap Rate: 4.99%
Short Term Rental Daily Rate: $269
Short Term Rental Occupancy Rate: 53%
Walk Score: 97

5. Riverside, CA

Median Property Price: $674,094
Average Price per Square Foot: $386
Days on Market: 88
Number of Short Term Rental Listings: 247
Monthly Short Term Rental Income: $4,154
Short Term Rental Cash on Cash Return: 3.83%
Short Term Rental Cap Rate: 3.86%
Short Term Rental Daily Rate: $210
Short Term Rental Occupancy Rate: 53%
Walk Score: 37

6. Hummelstown, PA

Median Property Price: $462,404
Average Price per Square Foot: $476
Days on Market: 110
Number of Short Term Rental Listings: 109
Monthly Short Term Rental Income: $4,156
Short Term Rental Cash on Cash Return: 6.75%
Short Term Rental Cap Rate: 6.85%
Short Term Rental Daily Rate: $251
Short Term Rental Occupancy Rate: 52%
Walk Score: 67

7. Fairfax, VA

Median Property Price: $767,600
Average Price per Square Foot: $850
Days on Market: 69
Number of Short Term Rental Listings: 119
Monthly Short Term Rental Income: $4,238
Short Term Rental Cash on Cash Return: 3.03%
Short Term Rental Cap Rate: 3.05%
Short Term Rental Daily Rate: $158
Short Term Rental Occupancy Rate: 60%
Walk Score: 89

8. Northlake, IL

Median Property Price: $329,300
Average Price per Square Foot: $204
Days on Market: 95
Number of Short Term Rental Listings: 116
Monthly Short Term Rental Income: $4,259
Short Term Rental Cash on Cash Return: 7.82%
Short Term Rental Cap Rate: 7.96%
Short Term Rental Daily Rate: $169
Short Term Rental Occupancy Rate: 54%
Walk Score: 33

9. St. Augustine, FL

Median Property Price: $645,337
Average Price per Square Foot: $342
Days on Market: 130
Number of Short Term Rental Listings: 1,286
Monthly Short Term Rental Income: $4,316
Short Term Rental Cash on Cash Return: 4.47%
Short Term Rental Cap Rate: 4.52%
Short Term Rental Daily Rate: $244
Short Term Rental Occupancy Rate: 50%
Walk Score: 71

10. University Park, FL

Median Property Price: $713,046
Average Price per Square Foot: $360
Days on Market: 15
Number of Short Term Rental Listings: 405
Monthly Short Term Rental Income: $4,560
Short Term Rental Cash on Cash Return: 4.45%
Short Term Rental Cap Rate: 4.50%
Short Term Rental Daily Rate: $170
Short Term Rental Occupancy Rate: 53%
Walk Score: 69

Best Cities With Airbnb Rental Income $5,000 and More

Here are the best places to invest in Airbnb with Airbnb rental income of $5,000 and more. Three cities from California and two from New York are part of the following list.

1. Mount Desert, ME

Median Property Price: $968,013
Average Price per Square Foot: $561
Days on Market: 185
Number of Short Term Rental Listings: 122
Monthly Short Term Rental Income: $6,886
Short Term Rental Cash on Cash Return: 6.04%
Short Term Rental Cap Rate: 6.09%
Short Term Rental Daily Rate: $327
Short Term Rental Occupancy Rate: 60%
Walk Score: 0

Start searching for Mount Desert ME houses for sale with high Airbnb potential.

2. Merrick, NY

Median Property Price: $872,680
Average Price per Square Foot: $398
Days on Market: 119
Number of Short Term Rental Listings: 122
Monthly Short Term Rental Income: $6,405
Short Term Rental Cash on Cash Return: 3.87%
Short Term Rental Cap Rate: 3.90%
Short Term Rental Daily Rate: $180
Short Term Rental Occupancy Rate: 54%
Walk Score: 92

3. Greenland, NH

Median Property Price: $737,740
Average Price per Square Foot: $287
Days on Market: 66
Number of Short Term Rental Listings: 112
Monthly Short Term Rental Income: $5,911
Short Term Rental Cash on Cash Return: 5.15%
Short Term Rental Cap Rate: 5.20%
Short Term Rental Daily Rate: $294
Short Term Rental Occupancy Rate: 56%
Walk Score: 45

4. New Paltz, NY

Median Property Price: $584,811
Average Price per Square Foot: $307
Days on Market: 76
Number of Short Term Rental Listings: 166
Monthly Short Term Rental Income: $5,830
Short Term Rental Cash on Cash Return: 5.82%
Short Term Rental Cap Rate: 5.89%
Short Term Rental Daily Rate: $287
Short Term Rental Occupancy Rate: 53%
Walk Score: 88

5. Asbury Park, NJ

Median Property Price: $903,252
Average Price per Square Foot: $545
Days on Market: 119
Number of Short Term Rental Listings: 122
Monthly Short Term Rental Income: $5,711
Short Term Rental Cash on Cash Return: 3.95%
Short Term Rental Cap Rate: 3.99%
Short Term Rental Daily Rate: $412
Short Term Rental Occupancy Rate: 50%
Walk Score: 91

6. Anaheim, CA

Median Property Price: $828,183
Average Price per Square Foot: $531
Days on Market: 55
Number of Short Term Rental Listings: 935
Monthly Short Term Rental Income: $5,708
Short Term Rental Cash on Cash Return: 4.30%
Short Term Rental Cap Rate: 4.33%
Short Term Rental Daily Rate: $267
Short Term Rental Occupancy Rate: 60%
Walk Score: 56

7. Rancho Mission Viejo, CA

Median Property Price: $967,762
Average Price per Square Foot: $550
Days on Market: 66
Number of Short Term Rental Listings: 200
Monthly Short Term Rental Income: $5,461
Short Term Rental Cash on Cash Return: 2.50%
Short Term Rental Cap Rate: 2.51%
Short Term Rental Daily Rate: $264
Short Term Rental Occupancy Rate: 56%
Walk Score: 2

8. Charlottesville, VA

Median Property Price: $705,882
Average Price per Square Foot: $339
Days on Market: 160
Number of Short Term Rental Listings: 535
Monthly Short Term Rental Income: $5,439
Short Term Rental Cash on Cash Return: 5.80%
Short Term Rental Cap Rate: 5.86%
Short Term Rental Daily Rate: $261
Short Term Rental Occupancy Rate: 61%
Walk Score: 57

9. Chula Vista, CA

Median Property Price: $827,930
Average Price per Square Foot: $491
Days on Market: 79
Number of Short Term Rental Listings: 283
Monthly Short Term Rental Income: $5,317
Short Term Rental Cash on Cash Return: 3.82%
Short Term Rental Cap Rate: 3.85%
Short Term Rental Daily Rate: $265
Short Term Rental Occupancy Rate: 56%
Walk Score: 32

10. Scarborough, ME

Median Property Price: $724,520
Average Price per Square Foot: $2,536
Days on Market: 55
Number of Short Term Rental Listings: 104
Monthly Short Term Rental Income: $5,012
Short Term Rental Cash on Cash Return: 4.59%
Short Term Rental Cap Rate: 4.63%
Short Term Rental Daily Rate: $285
Short Term Rental Occupancy Rate: 56%
Walk Score: 62

Are you ready to invest in short term rentals? Start searching for investment properties with high Airbnb rental income.

Airbnb Is Still a Profitable Investment in 2023

Despite the fears of possible recession, the short term rental market remains strong and will continue to be profitable in 2023 and beyond. To ensure profitability, investors must find the right location to buy vacation rental property. To help you get started, make sure to consider the best locations for Airbnb investment mentioned above.

Finding the best investment property for short term rental can be a taxing task. However, with the help of Mashvisor, investors can easily find the most profitable investment based on their preferred location. Use Mashvisor’s Property Finder tool to begin your search, and make sure to study the data provided so you can make an informed decision.

Moreover, make sure to use the Airbnb investment property calculator to determine whether the property that you are interested in will make a good investment or not. With Mashvisor’s real estate calculator, you’ll easily identify a property’s profitability based on different metrics, including the cap rate, cash on cash return, cash flow, and return on investment.

To find the best places for Airbnb investment, schedule a demo with Mashvisor now.

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