AirDNA released its annual report which ranks the Best Places to Invest in Vacation Rentals in the United States. The report provides a playbook for the most profitable investments within a thriving industry. It’s an industry which generated an estimated $113 billion in annual revenues in 2021. This marked the best year on record for global short-term rental performance, up 5.3% since 2019.
AirDNA’s report ranks the top 25 based on its proprietary AirDNA Investor Score to unveil high-performing, growing markets that provide exceptional returns. The score is based on a detailed analysis of multiple metrics, grouped into three key pillars:
- Rental Demand
- Revenue Growth
- Investability Score
Small and mid-sized cities are leading the investment opportunities with a 55% increase in their revenue potential. Some firm favorites from last year remain in the top 25, such as popular Florida beach destinations and Californian nature escapes. This year’s top 10 is shaken up by fly-to destinations, as guests are eager to visit Hawaii, Alaska and everywhere in between.
AirDNA’s Top 10 Places to Invest in 2022:
- Maui, HI
- Kenai Peninsula, AK
- Chattanooga, TN
- Gulfport/Biloxi, MS
- Slidell, LA
- Crystal River, FL
- Charleston, SC
- Joshua Tree, CA
- Galena, IL
- Buffalo, NY
To see the full list of the 25 best places to invest in short-term rentals properties including key insights on each location, you can read the full report here.