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Updated over 5 years ago on . Most recent reply
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How to figure out if STR will work in a 'new to you' area?
We are probably moving to the Yuma area in the next couple months and I was wondering if there is a good way to figure out if there is a viable market for Short Term Rentals? There are some in the area but is there a way to find out how well they do? We are looking at different ways to house hack and looking at properties with that in mind... Thanks for your help!
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@Julie Fullmer You can get some high level info here from airdna.co.
https://www.airdna.co/vacation...
The fact that it's showing only 137 active rentals likely means there is not much of a market there however. That being said you could always look for business in the area that might need STRs for traveling employees or you might just be better off doing a long term rental with any extra space.
Best of luck on your move to Yuma!