Kissimmee, located in Osceola County, has become one of the hottest destinations for short-term rental investments.
With its ideal location just minutes away from the world-renowned Disneyland theme park and a wide array of attractions, it is no wonder that the demand for (Airbnb) short-term rentals in Kissimmee has been on the rise.
In this guide post, we’ll dive into the data and explore why Kissimmee is such a desirable location for short-term rentals and why investing in this market is a wise choice.
Supply
The most popular homes are 1-bedroom homes, comprising 46.19% of inventory. This is followed by 2 and 3-bedroom homes at 31.9% and 6.67% of the total inventory, respectively.
Disneyland
In addition, Kissimmee is also home to a number of other attractions, such as water parks, shopping centers, and dining options, making it a well-rounded destination for travelers.
One of the main reasons for the popularity of (Airbnb) short-term rentals in Kissimmee is its proximity to Disneyland. The theme park draws millions of visitors every year, making Kissimmee a prime location for families and tourists looking for affordable and convenient accommodation.
There has been a 3.30% increase in the supply of short-term rentals in Kissimmee. With a thriving tourism industry and a growing population, the demand for short-term rentals in Kissimmee is likely to remain strong for the foreseeable future.
Average Daily Rate
The median ADR for the market is $322. The Average Daily Rate is the highest for 7-bedroom homes ($344) followed by 6-bedrooms and 5 bedrooms at $342 and $291 respectively.
Population Size of Kissimmee, Florida
The population of Kissimmee, Florida is around 79,436, according to the US Census Bureau. This is a relatively small city compared to other major cities in the United States, but it is growing rapidly as more and more people discover the many attractions that Kissimmee has to offer.
Hosts
The market is not dominated by property management firms. The largest host is Michel with 9.58% of the total inventory and an average review of 4.84 ⭐️s .
Sports Teams in Kissimmee, Florida
Unfortunately, there are no major sports teams based in Kissimmee, Florida. However, the city is close to several major cities that are home to many professional sports teams, including the Orlando Magic (NBA), the Tampa Bay Rays (MLB), and the Tampa Bay Buccaneers (NFL).
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Crime Rate in Kissimmee, Florida
The crime rate in Kissimmee, Florida, is relatively low compared to other major cities in the United States. According to data from the US Bureau of Justice Statistics, the city has a lower crime rate than the national average, making it a relatively safe place to live and visit.
Guests
The majority of the guests come from inside of Florida. 3.77% of all guests are from Miami followed by New York with 2.27%.
Conclusion
In conclusion, Kissimmee, Florida, is a prime destination for short-term rental investments.
With its ideal location, affordable property taxes, favorable regulation, and strong demand, the (Airbnb) short-term rental market in Kissimmee offers a profitable opportunity for real estate investors. Whether you’re a seasoned investor or starting out, Kissimmee is a market worth considering.
