From the sun-kissed shores of Southern California to the majestic redwoods of the north, California’s mid-term rental markets cater to every taste and preference. Let’s embark on a journey through some of the best mid-term rental markets in California, where hospitality meets innovation, and every stay promises memories to last a lifetime.
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. Joshua Tree, California
Joshua Tree, CA, is renowned for its namesake national park, featuring unique desert landscapes and rock formations that draw outdoor enthusiasts year-round.
Joshua Tree has seen a notable decrease in home values by -10.20%, with the average price at $397,347. The market shows promise with a median annual revenue of $35,750 and a monthly rate of $2,500. With 1,128 full-time listings and a property tax rate of 0.78%, the gross yield stands at 7.13%.
Discover more about investing in Joshua Tree through Chalet Intel.
2. Palm Springs, California
Palm Springs, CA, known for its mid-century modern architecture and luxury resorts, is also a popular base for exploring nearby national parks like Joshua Tree.
Palm Springs has seen a slight decrease in home values by -0.70%, with the average price at $667,509. The market thrives with a median annual revenue of $34,320 and a monthly rate of $2,400. With 2,341 full-time listings and a property tax rate of 0.94%, the gross yield here is 4.03%.
For more insights into Palm Springs as a rental market, explore Chalet Intel.
