Washington, DC Homeowners: Earn Thousands By Renting Out Your Space To Travelers

May 25, 2016 | Expert Advice

Washington, DC’s recent award as a “Best US Destination” should mean even more visitors in 2016. Vacation rental hosts could earn thousands per week from incoming travelers looking for an alternative accommodation to hotels.

Washington, DC residents are well aware of the city’s appeal as a desirable vacation destination. The history speaks for itself, but it’s the charm and uniqueness of each neighborhood that truly differentiates DC from other urban escapes. Capitol Hill is home to Congress and the Supreme Court. Columbia Heights and Adams Morgan are hipster-esque jaunts with quirky shops, restaurants, bars and theater venues. Dupont Circle is an artist’s dream, while famous Foggy Bottom is walking distance to the White House, Kennedy Center for Performing Arts and National Mall (home to the Lincoln Memorial).

So it’s no wonder that DC was just named a top US destination in 2016 by TripAdvisor’s Travelers’ Choice Awards. The nation’s capital has received stellar reviews from travelers across the globe, ranking number eight on the list (out of 25). The award comes with a great deal of exposure, and should boost the already very high traveler interest to the city. As vacationers increasingly search for alternative accommodations to pricy hotels, DC vacation rental hosts are set to benefit.

List on TripAdvisor Rentals today!

DC-Guide-Dupont-Circle-Home

DC Vacation Rental Hosts Can Earn Thousands

If you live in DC and want some extra income, renting out your properties is a great idea. TripAdvisor lets you list your house, apartment, vacation home, or even a private room for free. If you currently rent your DC property, you’ve likely already benefitted from the city’s popularity.

If you don’t yet lend your home to guests – either when you’re away or even while you’re home – it’s not too late.

You could earn as much as $4,176 per week on average in 2016, depending on bedroom count. In fact, regardless of property size, there is extra income waiting.

DC Average Weekly Home Rental Rates

(reflects a weeklong stay anytime during 2016)

Destination

1BR 2BR 3BR 4BR
Washington, DC $1,085 $1,705 $2,092

$4,176

List your property onTripAdvisor Rentals today!

 

DC Visitors Are Seeking Vacation Rental Options

In 2015, interest in Washington, DC vacation rentals soared 93% from the year prior.*

With the release of TripAdvisor’s Best US Destinations, the city’s vacation rental popularity should only continue.

DC-Guide-Columbia-Heights-Rooftop-Deck

List Your DC Property & Start Earning Money

Listing on TripAdvisor Rentals means you’ll be advertising your home on the world’s largest travel website. You’ll gain exposure to travelers seeking the perfect accommodation for their DC getaway. You can list a whole home, apartment or even spare room. Your listing will be automatically translated to appear on 26 TripAdvisor sites around the world, as well as TripAdvisor-branded sites FlipKey, HolidayLettings, HouseTrip, and VacationHomeRentals. It takes just minutes to set up, and the best part – it’s free.

*Vacation rental interest comparison reflects how many people viewed all DC vacation rental listings during the start of each year 2014 and 2015 (January through March, respectively).

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