Profitable rentals in Austin: Short or long term? Best areas to target?

[Tommy Adeoye]

Hello everyone, 

I'm interested in investing in a rental property in Austin, but I'm not sure if short term or long term rentals would be more profitable. 

I'd like to hear from people who have experience renting out their properties in the area. 

Which type of rental has been more profitable for you, and which areas of Austin have the highest demand? 

Any advice or insights would be greatly appreciated. Thank you!

[Sara Levy-Lambert]

Overview of Austin market
Austin is a city in Texas with 10436 active airbnbs. The average price of an Airbnb in Austin is around $862k and the average annual revenue of an Airbnb in Austin is $25k. Austin has a high occupancy rate of 71% and a medium average daily rate of $167.

Source and more details: Austin Airbnb Data