Investing in mid-term rental properties can be highly profitable, especially in markets with strong annual revenue. This guide highlights the top mid-term rental markets where investors can expect to earn a median annual revenue of over $25,000. By focusing on gross yield, these markets present lucrative opportunities for maximizing returns.
Our analysis focuses on key metrics to help investors identify the most promising markets. From vibrant urban centers to charming towns, these locations offer the potential for significant income through mid-term rentals.
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. Island Park, Idaho
Island Park, ID, known for its stunning natural landscapes and outdoor recreational opportunities, is a top destination for mid-term rentals.
Island Park has seen a moderate increase in home values, with the average home price now at $792,062. The median annual revenue is $35,100, with a monthly rate of $3,190. With 516 full-time listings and a property tax rate of 0.61%, the gross yield is 4.43%.
For more comprehensive insights into Island Park as a rental market, explore the Island Park Airbnb Investor Guide and Island Park Rental Regulations.
2. Chicago, Illinois
Chicago, IL, known for its iconic skyline and vibrant cultural scene, offers a dynamic environment for mid-term rental investments.
Chicago has seen a moderate increase in home values, with the average home price now at $309,475. The median annual revenue is $26,400, with a monthly rate of $2,400. With 1,145 full-time listings and a property tax rate of 1.96%, the gross yield is 8.53%.
For more insights into Chicago as a rental market, explore the Chicago Airbnb Investor Guide and Chicago Rental Regulations.
