The ROI Renaissance: Where Short-Term Rentals Yield the Highest Returns

In recent years, the short-term rental market has experienced a significant surge in popularity, with cities like Charlotte, NC, and Dallas, TX, leading the charge. According to our data, Charlotte, NC, boasts an average daily rate (ADR) of $346, with an occupancy rate of 84%, resulting in a remarkable ROI of 15.47%. In contrast, Dallas, TX, has an ADR of $379, but its occupancy rate is significantly lower, at 60%, resulting in a lower ROI of 5.60%.

Another city that stands out is Orlando, FL, with two distinct entries in our data. The first entry shows an ADR of $113, with an occupancy rate of 61%, resulting in an ROI of 19.42%. The second entry boasts an ADR of $365, with an occupancy rate of 81%, resulting in an impressive ROI of 15.62%. These numbers demonstrate the potential for short-term rentals in Orlando, FL, to generate substantial returns.

When comparing these cities, it's essential to consider the total listings available. Charlotte, NC, has 332 listings, while Dallas, TX, has 752 listings. This significant difference in inventory can impact the overall performance of short-term rentals in each city.

For a city like Tampa, FL, the median sale price is $N/A, with homes typically staying on the market for N/A days. When comparing to another city in the data, Miami, FL, which has a median price of $N/A, we can see a difference of $0.

Another city that stands out is Seattle, WA, with an ADR of $159, and an occupancy rate of 82%, resulting in an ROI of 14.58%. However, when comparing to another city in the data, Nashville, TN, which has an ADR of $308, and an occupancy rate of 68%, resulting in an ROI of 18.75%, we can see a significant difference in the potential returns.

According to our data, the cities with the highest ROIs are Nashville, TN, with a stunning 18.75%, and Orlando, FL, with an impressive 19.42%. These numbers demonstrate the potential for short-term rentals in these cities to generate substantial returns.

For more insights into the short-term rental market, check out our article on short-term rental market outlook and boutique short-term rentals.

Additionally, our article on short-term rental markets in Washington provides valuable insights into the top-performing cities in this region.

Lastly, for a comprehensive analysis of the short-term rental market, including the best cities to invest in, check out our article on short-term rentals outpacing hotels.