Beachfront properties have long been a sought-after investment, and mid-term rentals are no exception. Offering a blend of scenic beauty and potential profitability, coastal markets can be a lucrative choice for investors. In this article, we analyze the best mid-term rental markets on the beach, focusing on key metrics like median gross yield to highlight the top-performing locations.
Our analysis covers markets with strong rental income, high occupancy rates, and appealing beachside attractions. By focusing on these factors, we aim to provide investors with the insights needed to make informed decisions in some of the most desirable beachfront locations. 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.
1. Atlantic City, New Jersey
Atlantic City, NJ, is known for its vibrant boardwalk, casinos, and beautiful beaches, attracting a steady stream of tourists year-round.
Atlantic City has seen a 1.3% increase in home values, with the average price at $183,800. The median annual revenue is $22,000, with a monthly rate of $2,000. With 1,160 full-time listings and a property tax rate of 1.63%, the gross yield is 11.05%.
For more insights into Atlantic City as a rental market, explore the Atlantic City Airbnb Investor Guide and Atlantic City Rental Regulations.
2. Hampton, Virginia
Hampton, VA, known for its coastal charm and rich history, offers a variety of attractions including waterfront parks and museums.
Hampton has seen a 7.6% increase in home values, with the average price at $259,034. The median annual revenue is $22,000, with a monthly rate of $2,000. With 1,036 full-time listings and a property tax rate of 1.13%, the gross yield is 8.49%.
For more comprehensive insights into Hampton as a rental market, explore the Hampton Airbnb Investor Guide and Hampton Rental Regulations.
