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Columbus, Georgia Best Place to Invest in U.S. Short-Term Rentals in 2024 according to AirDNA
AirDNA yesterday released its 2024 Best Places to Invest report. This essential guide pinpoints the most promising markets for investment this year, identifying U.S. hotspots where investors can maximize returns.
The list offers a blend of well-known and emerging markets with distinct draws, ranging from coastal getaways and historical gems to lively cultural scenes, catering to various traveler interests. Towns like Ellsworth, Maine, Logan, Ohio, and Fairbanks, Alaska, carry over from last year, while Florida favorites have a big showing with seven markets in the top 25.
"As the STR industry gets more and more competitive, choosing the right market and the right property is crucial," said Jamie Lane, SVP of Analytics at AirDNA. "Our recent integration of homes for sale into the AirDNA platform opens up new avenues for investors all in one place, allowing them to discover, analyze, and even browse properties for sale in the most promising markets, fully tailoring AirDNA's investor toolkit to their individual needs."
AirDNA's Top 10 Places to Invest in 2024:
- Columbus, Georgia
- Ellsworth, Maine
- Logan, Ohio
- Spring Hill, Florida
- Sneads Ferry, North Carolina
- Winter Haven, Florida
- Stanton, Kentucky
- Port Angeles, Washington
- Akron, Ohio
- Fairbanks, Alaska
Despite occupancy and RevPAR declines in the U.S. in 2023, AirDNA's 2024 Outlook anticipates occupancy rates stabilizing, with a slight rise in RevPAR. "Current market conditions underscore the importance of in-depth market insights," stated Demi Horvat, CEO of AirDNA, "Intentional investments based on data break the trend and outperform the competition."
Discover the full list and methodology for each location's success here.