In 2024, the top-performing cities for Airbnb rentals in the United States, include a mix of coastal destinations, outdoor adventure hubs, and cultural hotspots. These cities showcase a blend of urban vibrancy, natural beauty, and tourist attractions that have driven Airbnb success in 2024.
- Kissimmee, Florida: With over 10,000 active Airbnb listings, Kissimmee, located near major attractions like Disney World, remains a leader in the short-term rental market. This makes it a prime location for Airbnb hosts looking to capitalize on the constant flow of tourists to the Orlando area.
- Nashville, Tennessee: Nashville continues to be a thriving market with nearly 6,000 active Airbnb listings. The city’s vibrant music scene and strong tourism draw make it a consistent performer in terms of occupancy and revenue generation.
- Orlando, Florida: Along with Kissimmee, Orlando remains a top choice, thanks to its tourism-driven demand, particularly for families visiting theme parks.
- Aspen, Colorado: With an average daily rate of over $1,600, Aspen is one of the highest-revenue markets, attracting luxury travelers for its world-class ski resorts and outdoor activities.
- Hawaii: Several Hawaiian cities, including Hanalei, Koloa, and Kahuku, boast some of the highest occupancy rates in the country, with occupancy levels around 67-69%, drawing nature lovers and beachgoers year-round.
- Tampa and Miami, Florida: Both cities are major Airbnb hubs with growing demand. Tampa, in particular, saw substantial growth in both property values and short-term rental revenue, making it a profitable market.
- Columbus, Georgia, and Logan, Ohio: These smaller cities have also emerged as strong performers, driven by growing cultural and outdoor tourism, especially among adventure travelers.
2024 is still a fantastic time to jump into the Airbnb market. Travelers are all about short-term rentals, and the macro demand is showing no sign of slowing down, especially with the “work from anywhere” crowd extending their lifestyles. Whether it’s sunny Florida or the rugged mountains of Colorado, people are booking like crazy, meaning great revenue opportunities in popular cities like Miami or Nashville. Plus, who wouldn’t want a property that doubles as their personal vacation pad? The best part? You can tweak prices to match market trends and inflation, making sure you stay on top of your earnings. Throw in some amazing tax benefits, like bonus depreciation, deductions on mortgage interest and expenses, and investing in an Airbnb property goes to a whole new level.