34 Best Markets for Rent Premiums Through Short Term Rentals
Your assets may be worth more to you if you rent them out as short-term rentals with Vector Travel. Don't worry; Vector will handle everything from setup to online distribution, pricing, housekeeping, 24/7 guest services, accounting, and compliance, so multifamily clients don't have to.
The rent premium opportunity
Across our portfolio of hundreds of units in 25+ U.S. markets, we see the same pattern: multifamily owners who convert underperforming or vacant units into professionally managed short-term rentals consistently generate more revenue than a traditional long-term lease would produce. The size of that premium varies by city, seasonality, and property type, but the trend holds.
AirDNA published a data-driven look at 34 U.S. markets where the gap between long-term lease income and short-term rental revenue is widest. If you own multifamily assets, it's worth understanding where your properties fall on that spectrum.
Where Vector fits in
Vector Travel operates in many of the markets highlighted in the report, including Nashville, Austin, Atlanta, Houston, and Minneapolis. We partner directly with multifamily and student housing owners on an 85/15 revenue share, handling every aspect of the short-term rental operation so your team doesn't have to.
That means furnishing, photography, listing creation, dynamic pricing, multi-channel distribution across Airbnb, VRBO, Booking.com, and our direct booking platform, professional housekeeping, 24/7 guest services, accounting, and local regulatory compliance. We typically operate 5 to 20 units per asset, plugging into your existing operations without adding headcount.
Is your market on the list?
If you own apartments in any of these high-performing markets, we'd like to show you what your units could earn. Send us your property address and unit mix, and our team will deliver a custom revenue projection within 48 hours. No obligation.
Is your market on the list?
Vector operates in many of the top-performing markets from AirDNA's report, including Nashville, Austin, Atlanta, Houston, and Minneapolis. If you own multifamily assets in a high-premium market, we'll show you the specific revenue gap between your current lease income and what STR could deliver.
Vector operates in many of the top-performing markets from AirDNA's report, including Nashville, Austin, Atlanta, Houston, and Minneapolis. If you own multifamily assets in a high-premium market, we'll show you the specific revenue gap between your current lease income and what STR could deliver.
