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Updated over 4 years ago on . Most recent reply
Determine Market Rent for STR
A friend might sell their townhouse in Fort Myers, Florida and I’m curious to see if it could make a good vacation rental.
What's the best way to determine rent for an STR? I've been comparing similar properties on AirBnB and VRBO, but I'm having difficulty determining how much it could rent for, especially during June through October.
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John Underwood
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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
Pro Member
#1 Short-Term & Vacation Rental Discussions Contributor
- Investor
- Greer, SC
Your on the right track.
Find similar properties on Airbnb and Vrbo and see what the rates are for the dates your interested in and take an average on 3 or 4 properties to see what you could likely also charge.