loading...

Study: Small Long-Term Rentals More Lucrative Than Airbnb Rentals in DC

  • October 4th 2022

by UrbanTurf Staff

✉️ Want to forward this article? Click here.

If you own a one- or two-bedroom rental in DC, you would make more money renting it out on a long-term basis than on short-term sites like Airbnb, according to a new study. For larger residences, it is the opposite. 

RentHop and AirDNA put out a study this week that looks at whether or not landlords in major U.S. metros should list their properties as short-term rentals or standard long-term leases. 

washington-dc-vacation-vs-longterm-rental.png

"In Washington, landlords can make 98.46% more renting their 1-bedroom out as a long term rental, 27.29% more renting their 2-bedroom out as a long term rental, 2.74% more renting their 3-bedroom out as a vacation rental, and 13.01% more renting their 4-bedroom out as a vacation rental," according to the report. 

Short-term rental hosts in DC are now required to obtain a short-term rental license, but these hosts can accept guests for an unlimited number of days annually. For hosts who are not on the premises during guest stays, there is a separate vacation rental license under which there can only be guests for up to 90 days annually.

See other articles related to: airbnb, airbnb dc, short-term rental

This article originally published at https://dc.urbanturf.com/articles/blog/long-term-rentals-more-lucrative-than-airbnb-rentals-in-dc-per-study/20157.

DC Real Estate Guides

Short guides to navigating the DC-area real estate market

We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!