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Eight Pros and Cons of Offering Short-Term Rentals

Updated: Sep 6, 2023

Offering short-term rentals, such as through platforms like Airbnb or VRBO, can be a lucrative opportunity for landlords. However, there are also some potential downsides to consider. Here are some pros and cons of offering short-term rentals:


Increased income potential

Short-term rentals can often generate higher rental income than traditional long-term rentals. This is especially true in popular tourist destinations where demand for short-term rentals is high.

Flexibility for landlords

Short-term rentals allow landlords to have more flexibility with their rental property. They can rent out the property when it is not being used, such as during vacation times, and can use the property themselves when it is vacant.

More control over who stays in the property

With short-term rentals, landlords have more control over who stays in their property. They can screen potential renters and only rent to those who meet their criteria.

Ability to adjust rental rates

Short-term rentals allow landlords to adjust rental rates depending on demand, season, and other factors. This can help maximize income and minimize vacancies.


More work and upkeep

Short-term rentals require more work and upkeep than traditional long-term rentals. Landlords may need to clean and prepare the property between each rental, which can be time-consuming.

Higher costs

Short-term rentals often require more frequent cleaning and maintenance, which can lead to higher costs for landlords. In addition, landlords may need to provide more amenities and furnishings to attract short-term renters.

More turnover

Short-term rentals often have higher turnover rates, with renters staying for just a few days or weeks at a time. This can create more work for landlords and increase the risk of damages to the property.

Legal and regulatory challenges

Short-term rentals may be subject to local laws and regulations, which can vary widely. Landlords may need to obtain permits or licenses, pay additional taxes, or comply with zoning restrictions.

Offering short-term rentals can provide landlords with increased income potential and flexibility, but it also requires more work, higher costs, and may be subject to legal and regulatory challenges. Landlords should carefully consider the pros and cons before deciding whether to offer short-term rentals.


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