ADR Champions: Markets With the Highest Short-Term Rental Daily Rates

In this article, we'll explore the top cities with the highest average daily rates (ADR) for short-term rentals. Using data from short-term rental analysis, we'll compare the ADR, occupancy rates, and return on investment (ROI) for various cities.

Here's a comparison of ADR for the top cities: Phoenix, AZ: $102, Charlotte, NC: $122, Houston, TX: $389, Miami, FL: $198, Raleigh, NC: $130, Orlando, FL: $180, San Antonio, TX: $210, Tampa, FL: $137, Nashville, TN: $106, Atlanta, GA: $227. As shown in the data, Houston, TX has the highest ADR at $389, followed by Miami, FL at $198, and Orlando, FL at $180. In terms of occupancy rates, Charlotte, NC has the highest rate at 88%, followed by Houston, TX at 89%, and Miami, FL at 88%.

City-by-City Analysis

Phoenix, AZ

Phoenix, AZ has a median sale price of $N/A with homes staying on the market for N/A days. According to the data, Phoenix has an ADR of $102 and an occupancy rate of 62%. For more detailed information, check out our short term analysis.

When comparing Phoenix to another city in the data, NC, which has a median price of $N/A, we can see a difference of $0.

Charlotte, NC

Charlotte, NC has a median sale price of $N/A with homes staying on the market for N/A days. According to the data, Charlotte has an ADR of $122 and an occupancy rate of 88%.

Charlotte has a higher occupancy rate compared to Phoenix, and its ADR is $20 higher. For more detailed information, check out our short term analysis.

Houston, TX

Houston, TX has a median sale price of $N/A with homes staying on the market for N/A days. According to the data, Houston has an ADR of $389 and an occupancy rate of 89%.

Houston has the highest ADR and occupancy rate among the cities analyzed. For more detailed information, check out our short term analysis.

Key Takeaways

• Houston, TX has the highest ADR at $389.
• Charlotte, NC has the highest occupancy rate at 88%.
• Miami, FL has the second-highest ADR at $198.
• Orlando, FL has the third-highest ADR at $180.

Conclusion

In conclusion, the cities with the highest ADR for short-term rentals are Houston, TX, Miami, FL, and Orlando, FL. These cities also have high occupancy rates, indicating a strong short-term rental market.

When considering investing in a short-term rental property, it's essential to analyze the ADR, occupancy rates, and ROI for the city you're interested in. By doing so, you'll be able to make an informed decision and maximize your returns.