Short Term Rental Trends

Montana Airbnbs & STRs

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RedAwning offers vacation rental property management for busy vacation rental owners and Airbnb hosts. Starts at 10% of revenue.
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Current Vacation Rental Performance in Montana

Montana's vacation rental market is experiencing significant traction, particularly due to its allure for tourists seeking outdoor adventures and picturesque landscapes.

Key Performance Metrics

  • Paradise Valley, MT: This area boasts an average occupancy rate of 64%, with an average nightly price of $248 and an average revenue per available night (RevPAN) of $159. It is a haven for nature lovers, surrounded by mountains and rivers.
  • Beaverhead Deerlodge National Forest, MT: Here, the average occupancy rate is 54%, with an average nightly price of $191 and an average RevPAN of $103. This area is ideal for those looking to immerse themselves in nature through activities like hiking, fly fishing, and camping.
  • Eastern Yellowstone Park: Although not exclusively in Montana, the eastern side of Yellowstone, which includes towns like Red Lodge, Montana, has an average occupancy rate of 60%, an average nightly price of $168, and an average RevPAN of $101. This area offers easy access to the park's eastern entrance and various outdoor activities.

Market Attractiveness

Montana's vacation rental market is attractive due to its proximity to natural attractions such as national parks, including Glacier National Park and Yellowstone National Park. Seasonal activities, from winter sports to summer festivals, also drive high demand for short-term rentals in the state.

Investment Considerations

Investors are drawn to Montana due to the potential for high gross rental yields, supported by a healthy tourism sector. It is advisable to conduct comprehensive market research, including statistics on rental leads and market days, to make informed investment decisions. Key destinations such as Butte, Billings, and Bigfork are noted for their unique offerings and high rental demand.

Overall, Montana's vacation rental market is robust, with strong occupancy rates and revenue potential, making it an appealing option for investors and hosts.

Current Airbnb & VRBO Trends by City

No state available.

⇤ All Airbnb & Vacation Rental Locations

FAQ

What does your pricing structure look like?
Our prices start at 10% of revenue. You can check out our pricing page for more information.
What types of vacation rental properties do you manage?
We manage a wide range of vacation rental properties, including single-family homes, condos, apartments, and luxury villas. Our services are tailored to meet the unique needs of each property type.
How do you handle guest support?
Our team provides 24/7 guest support, handling all inquiries, booking assistance, and any issues that may arise during a guest's stay. This ensures a seamless experience for your guests.
What is included in your damage waiver?
Our damage waiver provides $3,000 in coverage per booking, protecting you from accidental damages without the need for security deposits. This coverage is automatically included with every booking.
How does the payment process work?
We handle all aspects of the payment process, including processing payments, managing declined cards, and providing chargeback protection. Funds are deposited directly into your account, ensuring a smooth and secure transaction.
Can I still use my own booking website?
Absolutely! We offer a direct booking website service that allows you to showcase your property and accept bookings directly, bypassing the fees charged by major booking sites.
How do I get started with RedAwning?
Getting started is easy! Simply contact us for a free consultation, and our team will guide you through the onboarding process to ensure a smooth transition to our platform.
Why is RedAwning better than other property management companies?
RedAwning sets itself apart from other property management companies with a technology-driven, cost-effective approach that offers both full-service and partial management options, catering to vacation rental owners who value flexibility and control. Unlike competitors like Vacasa or AvantStay, which focus solely on full-service management with fees ranging from 25-50% of income, RedAwning provides a choice: comprehensive oversight including marketing, reservations, guest support, and maintenance, or a partial-service model emphasizing marketing and bookings across 50+ platforms like Airbnb, Vrbo, and Booking.com, potentially increasing bookings compared to narrower-channel options like Evolve. RedAwning's fees start at 10%. Having served the industry for 15 years, RedAwning combines experience with lower fees and rapid onboarding—listing properties in an afternoon—appealing to hosts who want efficiency without losing decision-making power, though it may not suit those needing extensive local support like Vacasa provides. Its scale (20,000+ properties across 10,000 destinations) and data-driven pricing give it an edge over Evolve’s simpler approach, making it a versatile choice for tech-savvy hosts seeking tailored management solutions.