Last updated: October 2024
For investors seeking vibrant mid-term rental markets filled with diverse activities, there are several top-performing locations that promise high yields and plenty of attractions to draw in tenants. These markets are not only popular for their financial metrics but also for their rich array of activities and entertainment options, making them ideal for mid-term rentals.
Our guide explores the best mid-term rental markets packed with activities, focusing on key factors such as rental income, occupancy rates, and local attractions. By providing insights into these bustling markets, we aim to equip investors with the knowledge needed to make informed decisions and maximize their returns.
Our advanced tool, Chalet Intel, delivers in-depth insights and strategies tailored for investors at all levels. It includes a robust calculator, regulation summaries, and extensive data for each discussed market. Our dashboard offers comprehensive data on both short-term and mid-term rentals, enabling you to make well-informed decisions. Links for each market are available for detailed individual analysis.
1. Clearwater, Florida
Clearwater, FL, known for its stunning beaches and vibrant waterfront, offers a plethora of activities including water sports, dining, and entertainment.
Clearwater has seen a 0.06% increase in home values, with the average home price now at $370,480. The median annual revenue is $29,349, with a monthly rate of $2,200. With 1,598 full-time listings and a property tax rate of 0.81%, the gross yield is 7.92%.
For more comprehensive insights into Clearwater as a rental market, explore the Clearwater Airbnb Investor Guide and Clearwater Rental Regulations.
2. Myrtle Beach, South Carolina
Myrtle Beach, SC, known for its wide sandy beaches and vibrant entertainment options, is a popular destination for families and tourists seeking a lively beach town experience.
Myrtle Beach has seen a -0.30% decrease in home values, with the average home price now at $307,356. The median annual revenue is $32,347, with a monthly rate of $2,100. With 4,473 full-time listings and a property tax rate of 0.36%, the gross yield is 10.52%.
Discover more about investing in Myrtle Beach through the Myrtle Beach Airbnb Investor Guide and Myrtle Beach Rental Regulations.
Top 200 Airbnb Rental Markets
Instantly compare top 200 short-term (Airbnb) rental markets in the US
3. Tampa, Florida
Tampa, FL, offers a mix of cultural attractions, professional sports teams, and a bustling waterfront, making it a dynamic city for mid-term rentals.
Tampa has seen a 2.54% increase in home values, with the average home price now at $381,985. The median annual revenue is $23,133, with a monthly rate of $2,000. With 3,467 full-time listings and a property tax rate of 0.93%, the gross yield is 6.06%.
For more comprehensive insights into Tampa as a rental market, explore the Tampa Airbnb Investor Guide and Tampa Rental Regulations.
4. Sarasota, Florida
Sarasota, FL, known for its cultural institutions, art galleries, and beautiful beaches, is a vibrant market for mid-term rentals.
Sarasota has seen a 4.8% increase in home values, with the average home price now at $500,000. The median annual revenue is $30,000, with a monthly rate of $2,500. With 800 full-time listings and a property tax rate of 0.55%, the gross yield is 5.98%.
For more comprehensive insights into Sarasota as a rental market, explore the Sarasota Airbnb Investor Guide and Sarasota Rental Regulations.
5. Virginia Beach, Virginia
Virginia Beach, VA, known for its long sandy beaches and lively boardwalk, is a popular coastal destination for tourists seeking both relaxation and entertainment.
Virginia Beach has seen a 6.3% increase in home values, with the average home price now at $391,244. The median annual revenue is $22,000, with a monthly rate of $2,000. With 994 full-time listings and a property tax rate of 0.89%, the gross yield is 5.62%.
Discover more about investing in Virginia Beach through the Virginia Beach Airbnb Investor Guide and Virginia Beach Rental Regulations.
6. Miami, Florida
Miami, FL, known for its vibrant nightlife, cultural diversity, and beautiful beaches, is a top destination for luxury travelers.
Miami has seen a 5.5% increase in home values, with the average home price now at $500,000. The median annual revenue is $29,500, with a monthly rate of $2,750. With 1,200 full-time listings and a property tax rate of 0.55%, the gross yield is 4.92%.
For more comprehensive insights into Miami as a rental market, explore the Miami Airbnb Investor Guide and Miami Rental Regulations.
Each of these markets offers unique opportunities for mid-term rental investors, combining strong financial metrics with appealing tourist attractions. For a comprehensive overview, including detailed analyses, calculators, and regulation insights, make sure to explore our latest tool, Chalet Intel.
