What is a good midterm rental occupancy rate?
Pricing & Profitability
intermediate
Mid-Term Rental
Occupancy
Pricing Strategy
Revenue Management
Market Research
M
Summary
AI-generatedAccording to Erin Spradlin, a good, fairly conservative occupancy rate for a midterm rental property is 80%. Vacancies are often indicative of problems with marketing or pricing, not necessarily the inherent rentability of the property.
Key insights
Most properties, whether bought or rented, will rent out to others who would like a similar midterm rental.
Mistakes to avoid
Do not assume that a property is unrentable if you are seeing vacancies; instead, focus on fixing pricing and marketing.
Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial