100 Best Short Term Rental Markets in 2022

As we end this year, we ranked the 100 best short term rental markets in 2022 that you should invest in, based on the data from Mashvisor.

Because of the lockdowns brought about by the COVID-19 pandemic, travel and tourism were disrupted in 2020. Many short term rental owners had to pivot to a traditional rental strategy or even sell their property.

But early this year, states and cities have started welcoming tourists again. Americans who were sick of staying home but wanted to stay safe made their way to low-profile tourist destinations and stayed in short term rental homes to avoid crowds. By summertime, a pandemic record-breaking 80% of Americans were in a travel-ready state of mind.

While this year was filled with hope and optimism for the industry, 2022 is going to be even better for travel and short term rentals alike. As more people and their children are getting vaccinated, they are also gaining confidence in traveling and have started to make plans. And in November, the US lifted its international travel ban and re-opened its borders to fully vaccinated foreign tourists.

Because of these trends, next year is bound to be a booming time for travel, and investors who have been thinking of buying a short term rental for sale should do it now. If you are one of these investors and want to know which cities have the highest profit potential for short term rentals in 2022, this blog post is for you.

Where to Get Reliable Short Term Rental Analytics

Successful real estate investors make smart investment decisions based on hard data that come from reliable sources. When looking for the best short term rental markets for 2022, you have to consider the following main factors:

• Reasons to visit: Why are people traveling to a certain destination? Is it for business or leisure purposes?
• Profit potential: How much would you earn if you invest in a short term rental property in that area?

Finding out why people are going to a city is easy. On the other hand, determining a market’s profit potential involves more in-depth research. You could visit the area yourself, check out every active short term rental property, and consult with a local real estate agent. A more efficient method, however, would be to use a real estate investment platform like Mashvisor.

We collate real estate data from a number of publicly available sources like MLS, Airbnb, and public records on a regular basis to provide up-to-date analysis to investors like you. Our machine-learning algorithms then apply these data to give you readily available analysis that is easy to understand. This way, researching investment properties will only take you one day. You do not even have to leave your desk. Start out your 7-day free trial with Mashvisor now.

When ranking the top 100 short term rental markets, we looked at the different metrics that paint a picture of each city’s profitability. These include monthly income, average daily rate, short term rental occupancy rate, and cash on cash return. We also explored what the real estate market is like in each area. You will find the median property price, the average price per square foot, and the number of days a home was on the market before selling.

The 100 Best Short Term Rental Markets 2022

Below is our list of the 100 best cash flow short term rental markets to invest in this coming year. We grouped them by their average monthly income starting at $2,000, so feel free to jump to the section that meets your investment targets.

Disclaimer: This list is based on Mashvisor’s data, which collected and analyzed verified and active listings on platforms like Airbnb. This does not automatically mean that short term rentals are legal in these cities. We encourage you to call the appropriate local government to check their short term rental laws before buying a property.

2022 Best Short Term Rental Markets With $2,000 to $3,000 Monthly Income

You might be wondering why we divided the list into four tiers when we could have just focused on the higher income ranges. The cities included in this section are low-profile tourist destinations and often-used pit stops. They are also perfect for beginner investors who do not have a lot of capital yet. Investing in these markets will get you at least a 7% return, which will help you expand your portfolio later on.

#1: Hammond, LA

• Short Term Rental Income: $2,120
• Short Term Rental Daily Rate: $108
• Short Term Rental Occupancy Rate: 73%
• Short Term Rental Cash on Cash Return: 9.91%
• Median Property Price: $562,369
• Property Price per Square Foot: $132
• Days on Market: 140
• Walk Score: 80

#2: Harrison Township, OH

• Short Term Rental Income: $2,116
• Short Term Rental Daily Rate: $89
• Short Term Rental Occupancy Rate: 85%
• Short Term Rental Cash on Cash Return: 9.77%
• Median Property Price: $161,683
• Property Price per Square Foot: $100
• Days on Market: 33
• Walk Score: 41

#3: Black River, NY

• Short Term Rental Income: $2,384
• Short Term Rental Daily Rate: $94
• Short Term Rental Occupancy Rate: 68%
• Short Term Rental Cash on Cash Return: 9.56%
• Median Property Price: $227,600
• Property Price per Square Foot: $120
• Days on Market: 108
• Walk Score: 0

#4: Creve Coeur, IL

• Short Term Rental Income: $2,084
• Short Term Rental Daily Rate: $101
• Short Term Rental Occupancy Rate: 47%
• Short Term Rental Cash on Cash Return: 9.44%
• Median Property Price: $119,075
• Property Price per Square Foot: $80
• Days on Market: 72
• Walk Score: 38

#5: Pineville, MO

• Short Term Rental Income: $2,847
• Short Term Rental Daily Rate: $217
• Short Term Rental Occupancy Rate: 49%
• Short Term Rental Cash on Cash Return: 9.32%
• Median Property Price: $292,410
• Property Price per Square Foot: $186
• Days on Market: 174
• Walk Score: 19

#6: Marshall, Missouri

• Short Term Rental Income: $2,050
• Short Term Rental Daily Rate: $140
• Short Term Rental Occupancy Rate: 49%
• Short Term Rental Cash on Cash Return: 9.02%
• Median Property Price: $157,580
• Property Price per Square Foot: $93
• Days on Market: 55
• Walk Score: 68

#7: St. Robert, MO

• Short Term Rental Income: $2,776
• Short Term Rental Daily Rate: $109
• Short Term Rental Occupancy Rate: 70%
• Short Term Rental Cash on Cash Return: 8.90%
• Median Property Price: $212,250
• Property Price per Square Foot: $100
• Days on Market: 51
• Walk Score: 23

#8: Parkersburg, WV

• Short Term Rental Income: $2,386
• Short Term Rental Daily Rate: $91
• Short Term Rental Occupancy Rate: 59%
• Short Term Rental Cash on Cash Return: 8.85%
• Median Property Price: $250,211
• Property Price per Square Foot: $116
• Days on Market: 95
• Walk Score: 65

#9: Folcroft, PA

• Short Term Rental Income: $2,679
• Short Term Rental Daily Rate: $111
• Short Term Rental Occupancy Rate: 56%
• Short Term Rental Cash on Cash Return: 8.80%
• Median Property Price: $181,560
• Property Price per Square Foot: $158
• Days on Market: 73
• Walk Score: 67

#10: Corydon, IN

• Short Term Rental Income: $2,149
• Short Term Rental Daily Rate:  $108
• Short Term Rental Occupancy Rate: 71%
• Short Term Rental Cash on Cash Return: 8.62%
• Median Property Price: $256,689
• Property Price per Square Foot: $156
• Days on Market: 63
• Walk Score: 60

#11: Richmond Heights, OH

• Short Term Rental Income: $2,942
• Short Term Rental Daily Rate: $121
• Short Term Rental Occupancy Rate: 60%
• Short Term Rental Cash on Cash Return: 8.60%
• Median Property Price: $214,900
• Property Price per Square Foot: $129
• Days on Market: 133
• Walk Score: 23

#12: Camden, NJ

• Short Term Rental Income: $2,063
• Short Term Rental Daily Rate: $214
• Short Term Rental Occupancy Rate: 51%
• Short Term Rental Cash on Cash Return: 8.52%
• Median Property Price: $128,997
• Property Price per Square Foot: $105
• Days on Market: 62
• Walk Score: 61

#13: Waymart, PA

• Short Term Rental Income: $2,386
• Short Term Rental Daily Rate: $193
• Short Term Rental Occupancy Rate: 54%
• Short Term Rental Cash on Cash Return: 8.50%
• Median Property Price: $205,980
• Property Price per Square Foot: $123
• Days on Market: 108
• Walk Score: 25

#14: Bedford Heights, OH

• Short Term Rental Income: $2,899
• Short Term Rental Daily Rate: $121
• Short Term Rental Occupancy Rate: 51%
• Short Term Rental Cash on Cash Return: 8.47%
• Median Property Price: $212,309
• Property Price per Square Foot: $119
• Days on Market: 66
• Walk Score: 33

#15: Madison Heights, MI

• Short Term Rental Income: $205,853
• Short Term Rental Daily Rate: $130
• Short Term Rental Occupancy Rate: 70%
• Short Term Rental Cash on Cash Return: 8.46%
• Median Property Price: $205,853
• Property Price per Square Foot: $172
• Days on Market: 59
• Walk Score: 62

#16: Raytown, MO

• Short Term Rental Income: $2,551.83
• Short Term Rental Daily Rate: $130
• Short Term Rental Occupancy Rate: 67%
• Short Term Rental Cash on Cash Return: 8.41%
• Median Property Price: $204,384
• Property Price per Square Foot: $122
• Days on Market: 63
• Walk Score: 70

#17: Wethersfield, CT

• Short Term Rental Income: $2,879
• Short Term Rental Daily Rate: $120
• Short Term Rental Occupancy Rate: 82%
• Short Term Rental Cash on Cash Return: 8.19%
• Median Property Price: $392,213
• Property Price per Square Foot: $145
• Days on Market: 58
• Walk Score: 73

#18: Cross Lanes, WV

• Short Term Rental Income: $2,483
• Short Term Rental Daily Rate: $118
• Short Term Rental Occupancy Rate: 64%
• Short Term Rental Cash on Cash Return: 8.17%
• Median Property Price: $236,275
• Property Price per Square Foot: $97
• Days on Market: 46
• Walk Score: 19

#19: Perry, GA

• Short Term Rental Income: $2,680
• Short Term Rental Daily Rate: $132
• Short Term Rental Occupancy Rate: 66%
• Short Term Rental Cash on Cash Return: 8.16%
• Median Property Price: $267,073
• Property Price per Square Foot: $137
• Days on Market: 111
• Walk Score: 62

#20: Cheviot, OH

• Short Term Rental Income: $2,238
• Short Term Rental Daily Rate: $99
• Short Term Rental Occupancy Rate: 74%
• Short Term Rental Cash on Cash Return: 8.14%
• Median Property Price: $157,500
• Property Price per Square Foot: $108
• Days on Market: 29
• Walk Score: 63

#21: Colonial Heights, VA

• Short Term Rental Income: $2,752
• Short Term Rental Daily Rate: $107
• Short Term Rental Occupancy Rate: 89%
• Short Term Rental Cash on Cash Return: 8.04%
• Median Property Price: $263,775
• Property Price per Square Foot: $151
• Days on Market: 47
• Walk Score: 52

#22: Fraser, MI

• Short Term Rental Income: $2,813
• Short Term Rental Daily Rate: $170
• Short Term Rental Occupancy Rate: 54%
• Short Term Rental Cash on Cash Return: 8.03%
• Median Property Price: $224,685
• Property Price per Square Foot: $162
• Days on Market: 51
• Walk Score: 58

#23: McCalla, AL

• Short Term Rental Income: $2,766
• Short Term Rental Daily Rate: $100
• Short Term Rental Occupancy Rate: 64%
• Short Term Rental Cash on Cash Return: 8.01%
• Median Property Price: $353,844
• Property Price per Square Foot: $214
• Days on Market: 29
• Walk Score: 13

#24: Arkadelphia, AR

• Short Term Rental Income: $2,427
• Short Term Rental Daily Rate: $143
• Short Term Rental Occupancy Rate: 73%
• Short Term Rental Cash on Cash Return: 7.98%
• Median Property Price: $195,494
• Property Price per Square Foot: $101
• Days on Market: 65
• Walk Score: 76

#25: Pearl, MS

• Short Term Rental Income: $2,997
• Short Term Rental Daily Rate: $96
• Short Term Rental Occupancy Rate: 71%
• Short Term Rental Cash on Cash Return: 7.98%
• Median Property Price: $239,500
• Property Price per Square Foot: $143
• Days on Market: 114
• Walk Score: 57

2022 Best Short Term Rental Markets With $3,001 to $4,000 Monthly Income

The markets featured in this section are either outdoor tourist destinations or cities near metropolitan areas, which always get a lot of tourists and business travelers. Beginners may also find a market that they can afford here. This part of the list includes the town of Aberdeen, which is one of the best short term rental markets for investors in North Carolina.

#26: Pulaski, VA

• Short Term Rental Income: $3,483
• Short Term Rental Daily Rate: $241
• Short Term Rental Occupancy Rate: 58% 
• Short Term Rental Cash on Cash Return: 9.88%
• Median Property Price: $144,613
• Property Price per Square Foot: $126
• Days on Market: 51
• Walk Score: 63

#27: Vinton, VA

• Short Term Rental Income: $3,194
• Short Term Rental Daily Rate: $117
• Short Term Rental Occupancy Rate: 71%
• Short Term Rental Cash on Cash Return: 9.63%
• Median Property Price: $233,967
• Property Price per Square Foot: $118
• Days on Market: 67
• Walk Score: 68

#28: Osceola, WI

• Short Term Rental Income: $3,670
• Short Term Rental Daily Rate: $254
• Short Term Rental Occupancy Rate: 55%
• Short Term Rental Cash on Cash Return: 9.24%
• Median Property Price: $268,695
• Property Price per Square Foot: $218
• Days on Market: 155
• Walk Score: 56

#29: Jennings, LA

• Short Term Rental Income: $3,285
• Short Term Rental Daily Rate: $79
• Short Term Rental Occupancy Rate: 55%
• Short Term Rental Cash on Cash Return: 9.08%
• Median Property Price: $230,531
• Property Price per Square Foot: $114
• Days on Market: 72
• Walk Score: 63

#30: Horn Lake, MS

• Short Term Rental Income: $3,668
• Short Term Rental Daily Rate: $146
• Short Term Rental Occupancy Rate: 66%
• Short Term Rental Cash on Cash Return: 9.00%
• Median Property Price: $257,282
• Property Price per Square Foot: $120
• Days on Market: 6
• Walk Score: 44

#31: Battlefield, MO

• Short Term Rental Income: $3,365
• Short Term Rental Daily Rate: $125
• Short Term Rental Occupancy Rate: 78%
• Short Term Rental Cash on Cash Return: 8.95%
• Median Property Price: $257,850
• Property Price per Square Foot: $133
• Days on Market: 36
• Walk Score: 31

#32: Plymouth, NH

• Short Term Rental Income: $3,833
• Short Term Rental Daily Rate: $193
• Short Term Rental Occupancy Rate: 69%
• Short Term Rental Cash on Cash Return: 8.83%
• Median Property Price: $261,978
• Property Price per Square Foot: $214
• Days on Market: 186
• Walk Score: 77

#33: Bethel Park, PA

• Short Term Rental Income: $3,425
• Short Term Rental Daily Rate: $168
• Short Term Rental Occupancy Rate: 68%
• Short Term Rental Cash on Cash Return: 8.82%
• Median Property Price: $267,560
• Property Price per Square Foot: $245
• Days on Market: 39
• Walk Score: 49

#34: Hopewell, VA

• Short Term Rental Income: $3,445
• Short Term Rental Daily Rate: $360
• Short Term Rental Occupancy Rate: 64%
• Short Term Rental Cash on Cash Return: 8.60%
• Median Property Price: $268,613
• Property Price per Square Foot: $154
• Days on Market: 3
• Walk Score: 58

#35: Mercersburg, PA

• Short Term Rental Income: $3,658
• Short Term Rental Daily Rate: $228
• Short Term Rental Occupancy Rate: 58%
• Short Term Rental Cash on Cash Return: 8.54%
• Median Property Price: $294,507
• Property Price per Square Foot: $175
• Days on Market: 21
• Walk Score: 55

#36: Henrietta, NY

• Short Term Rental Income: $3,514
• Short Term Rental Daily Rate: $124
• Short Term Rental Occupancy Rate: 87%
• Short Term Rental Cash on Cash Return: 8.38%
• Median Property Price: $229,088
• Property Price per Square Foot: $136
• Days on Market: 58
• Walk Score: 38

#37: White Settlement, TX

• Short Term Rental Income: $3,598
• Short Term Rental Daily Rate: $168
• Short Term Rental Occupancy Rate: 61%
• Short Term Rental Cash on Cash Return: 8.37%
• Median Property Price: $266,035
• Property Price per Square Foot: $167
• Days on Market: 11
• Walk Score: 40

#38: Copley, OH

• Short Term Rental Income: $3,424
• Short Term Rental Daily Rate: $129
• Short Term Rental Occupancy Rate: 81%
• Short Term Rental Cash on Cash Return: 8.34%
• Median Property Price: $287,830
• Property Price per Square Foot: $153
• Days on Market: 72
• Walk Score: 2

#39: Ridgeland, SC

• Short Term Rental Income: $3,965
• Short Term Rental Daily Rate: $153
• Short Term Rental Occupancy Rate: 65%
• Short Term Rental Cash on Cash Return: 8.33%
• Median Property Price: $311,117
• Property Price per Square Foot: $168
• Days on Market: 128
• Walk Score: 61

#40: Hanover Park, IL

• Short Term Rental Income: $3,841
• Short Term Rental Daily Rate: $161
• Short Term Rental Occupancy Rate: 80%
• Short Term Rental Cash on Cash Return: 8.32%
• Median Property Price: $272,375
• Property Price per Square Foot: $189
• Days on Market: 78
• Walk Score: 62

#41: Republic, MO

• Short Term Rental Income: $3,181
• Short Term Rental Daily Rate: $141
• Short Term Rental Occupancy Rate: 80%
• Short Term Rental Cash on Cash Return: 8.23%
• Median Property Price: $272,283
• Property Price per Square Foot: $162
• Days on Market: 37
• Walk Score: 52

#42: Mt. Vernon, TX

• Short Term Rental Income: $3,253
• Short Term Rental Daily Rate: $403
• Short Term Rental Occupancy Rate: 47%
• Short Term Rental Cash on Cash Return: 8.17%
• Median Property Price: $249,044
• Property Price per Square Foot: $122
• Days on Market: 1
• Walk Score: 33

#43: Maurertown, VA

• Short Term Rental Income: $3,473
• Short Term Rental Daily Rate: $275
• Short Term Rental Occupancy Rate: 63%
• Short Term Rental Cash on Cash Return: 8.15%
• Median Property Price: $570,783
• Property Price per Square Foot: $289
• Days on Market: 283
• Walk Score: 7

#44: Ashland, OH

• Short Term Rental Income: $3,436
• Short Term Rental Daily Rate: 66%
• Short Term Rental Occupancy Rate: $146
• Short Term Rental Cash on Cash Return: 8.11%
• Median Property Price: $303,500
• Property Price per Square Foot: $158
• Days on Market: 49
• Walk Score: 79

#45: Claymont, DE

• Short Term Rental Income: $3,048
• Short Term Rental Daily Rate: $138
• Short Term Rental Occupancy Rate: 70%
• Short Term Rental Cash on Cash Return: 8.10%
• Median Property Price: $327,371
• Property Price per Square Foot: $189
• Days on Market: 176
• Walk Score: 49

#46: Evington, VA

• Short Term Rental Income: $3,108
• Short Term Rental Daily Rate: $164
• Short Term Rental Occupancy Rate: 60%
• Short Term Rental Cash on Cash Return: 8.09%
• Median Property Price: $262,636
• Property Price per Square Foot: $131
• Days on Market: 102
• Walk Score: 3

#47: Aberdeen, NC

• Short Term Rental Income: $3,774
• Short Term Rental Daily Rate: $133
• Short Term Rental Occupancy Rate: 65%
• Short Term Rental Cash on Cash Return: 8.08%
• Median Property Price: $327,960
• Property Price per Square Foot: $193
• Days on Market: 69
• Walk Score: 57

#48: Southaven, MS

• Short Term Rental Income: $3,514
• Short Term Rental Daily Rate: $223
• Short Term Rental Occupancy Rate: 70%
• Short Term Rental Cash on Cash Return: 8.06%
• Median Property Price: $289,547
• Property Price per Square Foot: $143
• Days on Market: 44
• Walk Score: 52

#49: Hobart, IN

• Short Term Rental Income: $3,364
• Short Term Rental Daily Rate: $109
• Short Term Rental Occupancy Rate: 81%
• Short Term Rental Cash on Cash Return: 8.05%
• Median Property Price: $271,456
• Property Price per Square Foot: $141
• Days on Market: 44
• Walk Score: 58

#50: North Olmsted, OH

• Short Term Rental Income: $3,691
• Short Term Rental Daily Rate: $174
• Short Term Rental Occupancy Rate: 69%
• Short Term Rental Cash on Cash Return: 8.05%
• Median Property Price: $281,260
• Property Price per Square Foot: $142
• Days on Market: 48
• Walk Score: 65

2022 Best Short Term Rental Markets With $4,001 to $5,000 Monthly Income

Beginner investors might have a hard time finding cheaper properties in the markets in this tier. Meanwhile, experienced investors who have more capital saved up might find a great second or third property in these 25 cities.

#51: Craig, CO

• Short Term Rental Income: $4,234
• Short Term Rental Daily Rate: $179
• Short Term Rental Occupancy Rate: 43%
• Short Term Rental Cash on Cash Return: 9.75%
• Median Property Price: $258,257
• Property Price per Square Foot: $150
• Days on Market: 77
• Walk Score: 67

#52: Gwynn Oak, MD

• Short Term Rental Income: $4,536
• Short Term Rental Daily Rate: $128
• Short Term Rental Occupancy Rate: 62%
• Short Term Rental Cash on Cash Return: 9.59%
• Median Property Price: $276,856
• Property Price per Square Foot: $185
• Days on Market: 47
• Walk Score: 60

#53: Franklin, NH

• Short Term Rental Income: $4,280
• Short Term Rental Daily Rate: $270
• Short Term Rental Occupancy Rate: 79%
• Short Term Rental Cash on Cash Return: 9.23%
• Median Property Price: $254,120
• Property Price per Square Foot: $149
• Days on Market: 140
• Walk Score: 48

#54: Edgerton, WI

• Short Term Rental Income: $4,936
• Short Term Rental Daily Rate: $258
• Short Term Rental Occupancy Rate: 64%
• Short Term Rental Cash on Cash Return: 8.82%
• Median Property Price: $422,900
• Property Price per Square Foot: $193
• Days on Market: 49
• Walk Score: 51

#55: Santa Claus, IN

• Short Term Rental Income: $4,231
• Short Term Rental Daily Rate: $246
• Short Term Rental Occupancy Rate: 54%
• Short Term Rental Cash on Cash Return: 8.70%
• Median Property Price: $329,010
• Property Price per Square Foot: $132
• Days on Market: 77
• Walk Score: 30

#56: Caledonia, MI

• Short Term Rental Income: $4,777
• Short Term Rental Daily Rate: $196
• Short Term Rental Occupancy Rate: 59%
• Short Term Rental Cash on Cash Return: 8.61%
• Median Property Price: $384,703
• Property Price per Square Foot: $182
• Days on Market: 6
• Walk Score: 39

#57: Greenwood, DE

• Short Term Rental Income: $4,754
• Short Term Rental Daily Rate: $363
• Short Term Rental Occupancy Rate: 53%
• Short Term Rental Cash on Cash Return: 8.55%
• Median Property Price: $393,986
• Property Price per Square Foot: $207
• Days on Market: 54
• Walk Score: 28

#58: Lancaster, OH

• Short Term Rental Income: $4,036
• Short Term Rental Daily Rate: $242
• Short Term Rental Occupancy Rate: 68%
• Short Term Rental Cash on Cash Return: 8.55%
• Median Property Price: $342,543
• Property Price per Square Foot: $168
• Days on Market: 87
• Walk Score: 85

#59: Lawrence, NJ

• Short Term Rental Income: $4,603
• Short Term Rental Daily Rate: $170
• Short Term Rental Occupancy Rate: 63%
• Short Term Rental Cash on Cash Return: 8.52%
• Median Property Price: $337,708
• Property Price per Square Foot: $209
• Days on Market: 105
• Walk Score: 31

#60: Arnoldsville, GA

• Short Term Rental Income: $4,158
• Short Term Rental Daily Rate: $356
• Short Term Rental Occupancy Rate: 29%
• Short Term Rental Cash on Cash Return: 8.51%
• Median Property Price: $337,525
• Property Price per Square Foot: $144
• Days on Market: 58
• Walk Score: 0

#61: Tiffin, IA

• Short Term Rental Income: $4,262
• Short Term Rental Daily Rate: $156
• Short Term Rental Occupancy Rate: 66%
• Short Term Rental Cash on Cash Return: 8.34%
• Median Property Price: $327,500
• Property Price per Square Foot: $133
• Days on Market: 48
• Walk Score: 35

#62: Manchester, NJ

• Short Term Rental Income: $4,746
• Short Term Rental Daily Rate: $340
• Short Term Rental Occupancy Rate: 77%
• Short Term Rental Cash on Cash Return: 8.34%
• Median Property Price: $359,988
• Property Price per Square Foot: $193
• Days on Market: 64
• Walk Score: 7

#63: Kronenwetter, WI

• Short Term Rental Income: $4,348
• Short Term Rental Daily Rate: $165
• Short Term Rental Occupancy Rate: 74%
• Short Term Rental Cash on Cash Return: 8.34%
• Median Property Price: $316,900
• Property Price per Square Foot: $153
• Days on Market: 64
• Walk Score: 0

#64: North Kansas City, MO

• Short Term Rental Income: $4,354
• Short Term Rental Daily Rate: $113
• Short Term Rental Occupancy Rate: 56%
• Short Term Rental Cash on Cash Return: 8.32%
• Median Property Price: $330,450
• Property Price per Square Foot: $170
• Days on Market: 172
• Walk Score: 76

#65: Chicago Ridge, IL

• Short Term Rental Income: $4,392
• Short Term Rental Daily Rate: $130
• Short Term Rental Occupancy Rate: 69%
• Short Term Rental Cash on Cash Return: 8.27%
• Median Property Price: $300,333
• Property Price per Square Foot: $167
• Days on Market: 75
• Walk Score: 68

#66: Marysville, CA

• Short Term Rental Income: $4,469
• Short Term Rental Daily Rate: $121
• Short Term Rental Occupancy Rate: 70%
• Short Term Rental Cash on Cash Return: 8.26%
• Median Property Price: $438,740
• Property Price per Square Foot: $231
• Days on Market: 69
• Walk Score: 89

#67: Ortonville, MI

• Short Term Rental Income: $4,427
• Short Term Rental Daily Rate: $169
• Short Term Rental Occupancy Rate: 62%
• Short Term Rental Cash on Cash Return: 8.25%
• Median Property Price: $403,741
• Property Price per Square Foot: $220
• Days on Market: 44
• Walk Score: 40

#68: Lake Barrington, IL

• Short Term Rental Income: $4,935
• Short Term Rental Daily Rate: $262
• Short Term Rental Occupancy Rate: 49%
• Short Term Rental Cash on Cash Return: 8.22%
• Median Property Price: $584,065
• Property Price per Square Foot: $187
• Days on Market: 99
• Walk Score: 0

#69: Monona, WI

• Short Term Rental Income: $4,993
• Short Term Rental Daily Rate: $391
• Short Term Rental Occupancy Rate: 64%
• Short Term Rental Cash on Cash Return: 8.22%
• Median Property Price: $381,550
• Property Price per Square Foot: $223
• Days on Market: 50
• Walk Score: 44

#70: Kimberly, WI

• Short Term Rental Income: $4,969
• Short Term Rental Daily Rate: $246
• Short Term Rental Occupancy Rate: 54%
• Short Term Rental Cash on Cash Return: 8.21%
• Median Property Price: $336,829
• Property Price per Square Foot: $181
• Days on Market: 28
• Walk Score: 40

#71: Eldersburg, MD

• Short Term Rental Income: $4,254
• Short Term Rental Daily Rate: $135
• Short Term Rental Occupancy Rate: 84%
• Short Term Rental Cash on Cash Return: 8.15%
• Median Property Price: $655,341
• Property Price per Square Foot: $507
• Days on Market: 58
• Walk Score: 63

#72: Arkdale, WI

• Short Term Rental Income: $4,494
• Short Term Rental Daily Rate: $244
• Short Term Rental Occupancy Rate: 57%
• Short Term Rental Cash on Cash Return: 8.14%
• Median Property Price: $400,367
• Property Price per Square Foot: $255
• Days on Market: 62
• Walk Score: 0

#73: Bloomingdale, GA

• Short Term Rental Income: $4,323
• Short Term Rental Daily Rate: $179
• Short Term Rental Occupancy Rate: 78%
• Short Term Rental Cash on Cash Return: 8.13%
• Median Property Price: $453,789
• Property Price per Square Foot: $276
• Days on Market: 14
• Walk Score: 41

#74: Bushkill, PA

• Short Term Rental Income: $4,364
• Short Term Rental Daily Rate: $325
• Short Term Rental Occupancy Rate: 55%
• Short Term Rental Cash on Cash Return: 8.07%
• Median Property Price: $341,393
• Property Price per Square Foot: $143
• Days on Market: 64
• Walk Score: 0

#75: Ravenna, OH

• Short Term Rental Income: $4,266
• Short Term Rental Daily Rate: $162
• Short Term Rental Occupancy Rate: 61%
• Short Term Rental Cash on Cash Return: 8.07%
• Median Property Price: $312,840
• Property Price per Square Foot: $160
• Days on Market: 126
• Walk Score: 68

2022 Best Short Term Rental Markets With $5,001+ Monthly Income

The median property prices in this section start at $300k, making it out of reach for beginner investors. But those who can afford to buy here can enjoy returns as high as 10%.

#76: Kirtland, OH

• Short Term Rental Income: $5,113
• Short Term Rental Daily Rate: $143
• Short Term Rental Occupancy Rate: 70%
• Short Term Rental Cash on Cash Return: 10.00%
• Median Property Price: $508,422
• Property Price per Square Foot: $178
• Days on Market: 63
• Walk Score: 14

#77: Spring Grove, IL

• Short Term Rental Income: $7,171
• Short Term Rental Daily Rate: $328
• Short Term Rental Occupancy Rate: 66%
• Short Term Rental Cash on Cash Return: 9.80%
• Median Property Price: $253,617
• Property Price per Square Foot: $150
• Days on Market: 29
• Walk Score: 21

#78: Alpine, CA

• Short Term Rental Income: $5,765
• Short Term Rental Daily Rate: $293
• Short Term Rental Occupancy Rate: 65%
• Short Term Rental Cash on Cash Return: 9.74%
• Median Property Price: $808,320
• Property Price per Square Foot: $374
• Days on Market: 62
• Walk Score: 63

#79: Pine Valley, CA

• Short Term Rental Income: $6,484
• Short Term Rental Daily Rate: $455
• Short Term Rental Occupancy Rate: 55%
• Short Term Rental Cash on Cash Return: 9.43%
• Median Property Price: $666,580
• Property Price per Square Foot: $381
• Days on Market: 24
• Walk Score: 33

#80: Cottage Grove, MN

• Short Term Rental Income: $7,305
• Short Term Rental Daily Rate: $367
• Short Term Rental Occupancy Rate: 77%
• Short Term Rental Cash on Cash Return: 9.09%
• Median Property Price: $584,643
• Property Price per Square Foot: $204
• Days on Market: 262
• Walk Score: 37

#81: Wahiawa, HI

• Short Term Rental Income: $10,233
• Short Term Rental Daily Rate: $315
• Short Term Rental Occupancy Rate: 84%
• Short Term Rental Cash on Cash Return: 8.91%
• Median Property Price: $894,400
• Property Price per Square Foot: $500
• Days on Market: 37
• Walk Score: 56

#82: Bryans Road, MD

• Short Term Rental Income: $6,678
• Short Term Rental Daily Rate: $180
• Short Term Rental Occupancy Rate: 76%
• Short Term Rental Cash on Cash Return: 8.68%
• Median Property Price: $427,311
• Property Price per Square Foot: $174
• Days on Market: 78
• Walk Score: 13

#83: Pukalani, HI

• Short Term Rental Income: $9,827
• Short Term Rental Daily Rate: $300
• Short Term Rental Occupancy Rate: 72%
• Short Term Rental Cash on Cash Return: 8.40%
• Median Property Price: $928,800
• Property Price per Square Foot: $652
• Days on Market: 37
• Walk Score: 57

#84: Leonardtown, MD

• Short Term Rental Income: $5,399
• Short Term Rental Daily Rate: $203
• Short Term Rental Occupancy Rate: 83%
• Short Term Rental Cash on Cash Return: 8.40%
• Median Property Price: $633,081
• Property Price per Square Foot: $251
• Days on Market: 62
• Walk Score: 47

#85: Huntingdon Valley, PA

• Short Term Rental Income: $8,853
• Short Term Rental Daily Rate: $328
• Short Term Rental Occupancy Rate: 72%
• Short Term Rental Cash on Cash Return: 8.31%
• Median Property Price: $519,631
• Property Price per Square Foot: $211
• Days on Market: 61
• Walk Score: 5

#86: Sparks, MD

• Short Term Rental Income: $6,611
• Short Term Rental Daily Rate: $364
• Short Term Rental Occupancy Rate: 72%
• Short Term Rental Cash on Cash Return: 8.20%
• Median Property Price: $307,613
• Property Price per Square Foot: $195
• Days on Market: 53
• Walk Score: 18

#87: Centerville, OH

• Short Term Rental Income: $6,066
• Short Term Rental Daily Rate: $201
• Short Term Rental Occupancy Rate: 66%
• Short Term Rental Cash on Cash Return: 8.20%
• Median Property Price: $461,042
• Property Price per Square Foot: $161
• Days on Market: 117
• Walk Score: 59

#88: Milford, DE

• Short Term Rental Income: $5,096
• Short Term Rental Daily Rate: $220
• Short Term Rental Occupancy Rate: 71%
• Short Term Rental Cash on Cash Return: 8.12%
• Median Property Price: $477,975
• Property Price per Square Foot: $201
• Days on Market: 69
• Walk Score: 82

#89: Belbrook, OH

• Short Term Rental Income: $6,003
• Short Term Rental Daily Rate: $244
• Short Term Rental Occupancy Rate: 78%
• Short Term Rental Cash on Cash Return: 8.11%
• Median Property Price: $483,516
• Property Price per Square Foot: $116
• Days on Market: 60
• Walk Score: 41

#90: Orangevale, CA

• Short Term Rental Income: $6,185
• Short Term Rental Daily Rate: $216
• Short Term Rental Occupancy Rate: 72%
• Short Term Rental Cash on Cash Return: 8.06%
• Median Property Price: $537,571
• Property Price per Square Foot: $333
• Days on Market: 85
• Walk Score: 68

#91: Newton, NJ

• Short Term Rental Income: $6,722
• Short Term Rental Daily Rate: $286
• Short Term Rental Occupancy Rate: 62%
• Short Term Rental Cash on Cash Return: 8.06%
• Median Property Price: $507,750
• Property Price per Square Foot: $193
• Days on Market: 134
• Walk Score: 87

#92: Haymarket, VA

• Short Term Rental Income: $7,744
• Short Term Rental Daily Rate: $286
• Short Term Rental Occupancy Rate: 74%
• Short Term Rental Cash on Cash Return: 7.96%
• Median Property Price: $833,195
• Property Price per Square Foot: $294
• Days on Market: 71
• Walk Score: 50

#93: Kingston, NH

• Short Term Rental Income: $6,086
• Short Term Rental Daily Rate: $240
• Short Term Rental Occupancy Rate: 82%
• Short Term Rental Cash on Cash Return: 7.94%
• Median Property Price: $521,163
• Property Price per Square Foot: $281
• Days on Market: 66
• Walk Score: 34

#94: Lookout Mountain, GA

• Short Term Rental Income: $5,793
• Short Term Rental Daily Rate: $252
• Short Term Rental Occupancy Rate: 77%
• Short Term Rental Cash on Cash Return: 7.92%
• Median Property Price: $524,375
• Property Price per Square Foot: $209
• Days on Market: 54
• Walk Score: 26

#95: Columbus, MN

• Short Term Rental Income: $6,453
• Short Term Rental Daily Rate: $359
• Short Term Rental Occupancy Rate: 68%
• Short Term Rental Cash on Cash Return: 7.86%
• Median Property Price: $567,435
• Property Price per Square Foot: $288
• Days on Market: 136
• Walk Score: 2

#96: Colchester, VT

• Short Term Rental Income: $6,691
• Short Term Rental Daily Rate: $295
• Short Term Rental Occupancy Rate: 65%
• Short Term Rental Cash on Cash Return: 7.86%
• Median Property Price: $517,962
• Property Price per Square Foot: $214
• Days on Market: 181
• Walk Score: 20

#97: Ennis, TX

• Short Term Rental Income: $5,819
• Short Term Rental Daily Rate: $218
• Short Term Rental Occupancy Rate: 72%
• Short Term Rental Cash on Cash Return: 7.83%
• Median Property Price: $498,533
• Property Price per Square Foot: $193
• Days on Market: 50
• Walk Score: 78

#98: Banning, CA

• Short Term Rental Income: $5,054
• Short Term Rental Daily Rate: $190
• Short Term Rental Occupancy Rate: 64%
• Short Term Rental Cash on Cash Return: 7.81%
• Median Property Price: $425,887
• Property Price per Square Foot: $281
• Days on Market: 56
• Walk Score: 79

#99: Norwalk, IA

• Short Term Rental Income: $5,710
• Short Term Rental Daily Rate: $301
• Short Term Rental Occupancy Rate: 82%
• Short Term Rental Cash on Cash Return: 7.73%
• Median Property Price: $355,674
• Property Price per Square Foot: $223
• Days on Market: 112
• Walk Score: 55

#100: Hempstead, NY

• Short Term Rental Income: $7,540
• Short Term Rental Daily Rate: $125
• Short Term Rental Occupancy Rate: 64%
• Short Term Rental Cash on Cash Return: 7.71%
• Median Property Price: $524,863
• Property Price per Square Foot: $398
• Days on Market: 306
• Walk Score: 88

Find Profitable Real Estate Investments With Mashvisor

We hope this list of 100 best short term rental markets helps you start your search. But remember, this is only the beginning. You have more steps to take before landing on a property to invest in. Aside from making sure that short term rental homes are legal in the area you are interested in, you must also search for a house that will earn you the income. For this task, we recommend using a real estate investment tool like Mashvisor.

Mashvisor specializes in analyzing the profitability of properties for sale across the US. When searching for a rental home using our platform, you can take advantage of the following features:

How to Find Profitable Real Estate Investments With Mashvisor

1. Real estate heatmap: If you are looking for the best short term rental markets in Florida, for example, you will find it faster using our heatmap. This tool shows you which parts of the city have the highest (green) or lowest (red) cash on cash returns, rental income, listing price, or occupancy rate.
2. Property finder: Using this, you can search up to five cities concurrently without having to open more tabs on your browser. This feature will display all of the properties in that area, and you can narrow down your search further by setting filters like budget, rental strategy, property types, and more.
3. Analytics: Once you find a house that interests you, click it and you will open its listing page. There, you will find the house’s information, description, as well as our profitability analysis of the property and the neighborhood it is in.
4. Short term rental calculator: Included on the listing page is the profit calculator, which shows your cash flow and investment payback based on the estimated monthly income and expenses. You can also edit some of the numbers so you can calculate more accurately based on your specific situation.

When you have selected a property that you want to place an offer on, you can contact the seller on our platform and start your negotiations. To get access to our real estate investment tools, click here to sign up for a 7-day free trial of Mashvisor today, followed by 15% off for life.