Unlocking Profitable Zip Codes for Short-Term Rental Investors
When it comes to short-term rental investing, understanding the top-performing zip codes is crucial for maximizing returns. Our analysis reveals the most lucrative markets, with a focus on key metrics like median sale price, homes sold, and days on market.
City Comparison: Median Sale Price
Let's start by comparing the median sale prices of various cities: Passaic, NJ ($680,000), Port Arthur, TX ($137,500), New York, NY ($882,000), Asheville, NC ($298,500), Cicero, IL ($356,500), Gresham, OR ($460,000), Long Beach, CA ($787,500), Downey, CA ($600,000), Marysville, WA ($642,000), St. Cloud, MN ($198,750), Sturgis, SD ($369,375,000), Indian Creek, FL ($79,000,000), Jupiter Island, FL ($16,000,000), Sagaponack, NY ($15,500,000), Sullivan's Island, SC ($13,500,000), Hunts Point, WA ($12,500,000), Crystal Bay, NV ($11,800,000), Watch Hill, RI ($11,750,000), Fort Wingate, NM ($11,000,000), and Mulford, CO ($10,750,000).
As seen in the chart below, cities with higher median sale prices tend to have more expensive homes, but may also offer higher rental income potential.
| City | Median Sale Price |
|---|
| Passaic, NJ | $680,000 |
| Port Arthur, TX | $137,500 |
| New York, NY | $882,000 |
| Asheville, NC | $298,500 |
| Cicero, IL | $356,500 |
| Gresham, OR | $460,000 |
| Long Beach, CA | $787,500 |
| Downey, CA | $600,000 |
| Marysville, WA | $642,000 |
| St. Cloud, MN | $198,750 |
| Sturgis, SD | $369,375,000 |
| Indian Creek, FL | $79,000,000 |
| Jupiter Island, FL | $16,000,000 |
| Sagaponack, NY | $15,500,000 |
| Sullivan's Island, SC | $13,500,000 |
| Hunts Point, WA | $12,500,000 |
| Crystal Bay, NV | $11,800,000 |
| Watch Hill, RI | $11,750,000 |
| Fort Wingate, NM | $11,000,000 |
| Mulford, CO | $10,750,000 |
Market Trends in Popular Cities
We analyzed cities with high market demand, using metrics such as homes sold, days on market, and inventory. For instance, top short-term rental markets in Virginia like Arlington and Alexandria have seen significant growth, with a median sale price of $1,000,000 and $800,000 respectively.
However, cities with lower median sale prices, such as cities poised for growth in 2025 like Cincinnati and Cleveland, may offer more affordable entry points for investors.
Looking at the number of homes sold, cities like Washington have a relatively high number of sales, with 74 homes sold in Marysville and 6 homes sold in St. Cloud.
For cities with low inventory, like Utah, it's essential to consider factors like regulations and boutique rentals to maximize returns.
Our analysis reveals that cities with higher median sale prices tend to have longer days on market, such as 85 days in Passaic, NJ, and 515 days in Fort Wingate, NM. On the other hand, cities with lower median sale prices have shorter days on market, like 11 days in Long Beach, CA, and 5 days in Sullivan's Island, SC.
By considering these metrics and market trends, investors can make informed decisions when choosing the best short-term rental income hubs for their portfolio.
Top ZIP Codes for Short-Term Rental Investors
Based on our analysis, here are the top zip codes for short-term rental investors:
- Sturgis, SD (369,375,000)
- Indian Creek, FL (79,000,000)
- Jupiter Island, FL (16,000,000)
- Sagaponack, NY (15,500,000)
- Sullivan's Island, SC (13,500,000)
- Hunts Point, WA (12,500,000)
- Crystal Bay, NV (11,800,000)
- Watch Hill, RI (11,750,000)
- Fort Wingate, NM (11,000,000)
- Mulford, CO (10,750,000)
