Market Shift: Are Short-Term Rentals Converting to Long-Term in Your Area?

[Alex Zweydoff]

Hello everyone,

I am a seasoned property manager in Central Florida. I’m currently observing an interesting trend in the Central Florida market where a noticeable number of short-term rentals are being converted into long-term rentals. It seems like property owners are adapting to changing market conditions and perhaps seeking more stable, consistent income streams.

I wanted to reach out to the BiggerPockets community to see if anyone else is noticing similar shifts in their local markets. Are you seeing a move from short-term to long-term rentals as well? If so, what factors do you think are driving this change?

For context, in Orlando, we’ve seen fluctuations in tourism and a growing demand for long-term housing, possibly due to economic factors and changes in travel behavior. I’m curious if these are isolated trends or part of a larger pattern.

Looking forward to hearing your insights and experiences. Thanks in advance!