If you’re looking for new places to invest in in 2023, we’ll cover here the best rental markets for long term and short term rentals in the US.
A lot of different factors need to work together to make up for the top markets for investing in real estate properties. Also, they differ significantly between long term rentals (also known as traditional rentals) and short term rentals (also known as vacation rentals or Airbnb rentals).
Table of Contents
- 6 Qualities That the Best Rental Markets Have in Common
- The 10 Best Long Term Rental Markets in 2023
- The 10 Best Short Term Rental Markets in 2023
- How to Find a Profitable Rental Property in the Best Rental Markets
- Investing in the Best Long Term and Short Term Rental Markets in 2023
Finding the best places to buy real estate and the best properties within these places requires months of research, data collection and analysis, and manual calculations. In this context, beginner investors stand no chance of competing with more experienced investors. It is because the latter have established sources of real estate data and analytical tools.
In this article, we aim to put beginners on an equal footing with those who have decades of experience in the real estate investing world. To do it, we’ve ranked the 20 best US markets for long term and short term rentals. The ranking is based on nationwide real estate data analysis conducted by Mashvisor with the help of AI and machine learning algorithms.
Moreover, we will analyze the commonalities between these top locations in addition to providing you with tips on how to locate the highest-potential investment properties for sale. We will also show you how the Mashvisor tools can help you along the way to optimize your investment outcomes.
6 Qualities That the Best Rental Markets Have in Common
The real estate investing world is as diverse as the real estate market. However, after compiling the best markets to buy income properties in 2023, we’ve noticed a lot of common trends among them.
So, before we get started with the list of the top locations for long term and short term rental properties in the US market, we’d like to look at the major qualities they have in common. It will help investors understand the factors that drive positive cash flow and good return on investment this year.
In this way, aspiring landlords and Airbnb hosts will know where to focus their further research in case they don’t find their preferred location in our list. Markets with such factors are likely to bring high profitability in 2023.
3 Characteristics of the Top Places for Long Term Rental Properties
First, we used our US rental market analysis to pull the traits that the best places for long term rentals in 2023 share.
Here are the three most significant commonalities:
1. Some Geographical Concentration
The first US housing market trend worth noting when choosing where to buy a long term rental property in 2023 is the geographical focus in certain states. Namely, Arkansas (with three best markets) and Florida (with two) lead the ranking of the top locations for this rental strategy. Together, they contribute as much as half of the best places for this year.
The presence of Florida in any ranking of the best real estate markets for investing should come as no surprise. The Sunshine State has always been one of the top rental markets due to its large population, strong labor market, active economy, and the diversity that it offers. Florida is a preferred place to live for Americans of all ages and demographics.
The leading position of Arkansas, on the other hand, might be a bit more surprising. Usually, states like Texas, California, and New York used to occupy such position.
However, real estate investors should keep in mind that the COVID-19 pandemic and the changing realities around it have reshuffled the US market in a significant manner. While some major investment destinations lost their ranking, new ones took their place.
What it means is that now—more than ever—investors need to conduct careful real estate market analysis and research before deciding where to put their money. If you’re not sure where to get started, our list of the top places for long term rentals in 2023 is a great place to start.
In terms of geographical distribution, another important trend is that most top locations for the traditional rental strategy are in the south.
2. Small Markets With Strong Real Estate Indicators
The second quality that the majority of best rental markets for the long term strategy have in common is their small size. Most of these locations have a population of under 100,000 residents, with many of them being below 50,000. Many of them are towns and villages rather than large metro cities.
This trend can be attributed to the shifts caused by the pandemic as well. The relative safety that small markets offered combined with the remote working policies, many working age individuals and families moved to secondary real estate markets. A major attraction of these places were more affordable home prices and rental rates.
So, investing in a long term rental property in a small market seems to be one of the most profitable strategies, at least at the beginning of 2023. Nevertheless, we’d like to advise investors to keep a close eye on trends as they might start to change mid-year. As much as 90% of employers will require workers to return to the office in 2023, at least partially.
The strengthening of the hybrid work model might force – at least some – employees to return to major US cities, which will affect demand for long term rentals. It might cause a gradual change in the top US cities and towns for investment.
3. High Real Estate Prices
Thirdly, our analysis reveals that the top locations to buy long term rental properties in 2023 share high median property prices. All of these markets have a median home value above the $500,000 benchmark, with a few of them above $800,000. The figure is quite high compared to the US median residential real estate price of $357,319, as reported by Zillow.
This trend can be explained by the strong demand for rentals in the said locations. Rental demand is likely to be higher in places with unaffordably high property prices as homebuyers get pushed out of the market and have to resort to renting. So, in a sense, the above-average home values are compensated for by the above-average demand that landlords face.
An important advantage that real estate investors have – and homebuyers don’t – is access to alternative financing methods. While most homeowners need to take a mortgage loan, property investors can turn to private money loans, hard money lenders, and partnerships.
It means that there are feasible, relatively low-risk ways, even for beginner investors, to buy an income property in markets with high property values. All you need to do is to conduct diligent research and be open to less conventional financing alternatives.
3 Characteristics of the Top Locations for Short Term Rental Properties
Next, let’s look at the features that the best locations for Airbnb in 2023 have in common.
Here are the three most prominent qualities:
1. Certain Geographical Focus
Similar to the top places for long term rentals, the best locations for their short term counterparts also exhibit a strong geographical concentration. Our ranking positions the State of Illinois as the single most profitable location to buy a vacation rental property in 2023. The state is home to half the top cities for the short term real estate investment strategy.
Illinois’s position comes as rather a surprise. In the last decade, Florida, Texas, California, and South Carolina were traditionally the best short term rental markets for investing in the US. However, Illinois’s new position is the combined effect of affordable property prices, good daily rates, and strong Airbnb demand.
This recent shift in the US vacation rental market once again highlights the importance of conducting detailed Airbnb market research before you buy a property. The real estate market is very dynamic, quickly responding to economic, financial, social, and other changes.
That’s why the successful investors are those who are always on top of current real estate trends. An app like Mashvisor can significantly help in this regard, as we’ll discuss in a bit.
2. Small Towns With Tourist Attractions
Another major similarity between the best rental markets for vacation homes in 2023 is their small size. All markets except for one have a population of fewer than 100,000 residents.
Again, it is something that they share with the top locations for long term rental properties. It’s important to note that all major US cities and typical tourist destinations are absent from this list.
This trend can be largely explained by the impact of the Coronavirus pandemic on the US real estate market and vacation rental industry. In 2021 and 2022, major short term rental listings platforms like Airbnb reported a noticeable shift in preferences among travelers following the pandemic.
Specifically, more and more short term rental guests got interested in smaller, traditionally less popular places in proximity to natural attractions like parks, mountains, lakes, and others. Guests also showed an increased demand for properties with amenities offering opportunities for outdoor activities, including patios, barbeques, playgrounds, etc.
So, if you’re planning to buy a short term rental in 2023, that’s a trend that you should definitely take into consideration. Investing in one of these top locations will help you boost Airbnb occupancy rate, as well as daily rates, which are the two most important factors affecting ROI for vacation rentals.
3. Affordable Real Estate Values
Last but not least, the third major shared quality of the best markets for vacation rentals this year is the relatively low home prices. It contrasts the top locations for short term rentals with the top locations for long term rentals.
All markets in our ranking benefit from median property prices below the $350,000 benchmark. It means that all of them offer cheaper investment properties for sale than the typical US home at the moment.
This common characteristic makes perfect sense. After all, the property sales price or current market value is present in all metrics of return on investment in real estate investing. Whether you look at cash flow, cash on cash return, or cap rate, how much you pay for your income property is factored in one way or another.
The low property values in these top locations are excellent news for new real estate investors. Usually, beginners have less access to financing than experienced investors, who can rely on established partnerships, good credit scores, and equity in existing rental properties.
Even a conventional mortgage loan requires a down payment of less than $70,000 in these best markets. It is significantly more affordable than what investors need to put down in the top places for long term rentals. Meanwhile, short term rental markets offer a considerably higher average return on investment than traditional ones.
What it means is that the vacation rental investment strategy has largely regained its position as the superior approach despite a temporary dip at the onset of the pandemic.
The 10 Best Long Term Rental Markets in 2023
Now that you know what features make for the top locations to buy a long term rental property this year, it’s time to see which US cities and towns made it to the list.
Our ranking of the best rental markets for long term rentals in 2023 is based on Mashvisor nationwide real estate market analysis. Our team collected real estate and rental data from the entire US market before applying our AI-based, machine learning algorithms. It allowed us to locate the top places for this investment strategy.
In our ranking, we’ve focused on the cash on cash return. In other words, the best real estate markets are those that offer the highest long term rental cash on cash return in January 2023.
Additionally, we’ve included markets that meet the following criteria:
- Median property price below $1,000,000: This means that these locations are relatively affordable, even for beginner investors.
- Number of existing long term rentals 100 and above: This shows a strong rental market, as well as strong demand for long term rentals.
- Price to rent ratio 20 and above: This is a direct indicator of the rental demand in a market. Locations where properties are less affordable than rental rates experience strong demand from residents who cannot afford to buy a home. This translates into a low vacancy rate which is a major cost in real estate.
So, where are the hottest housing markets for 2023?
Without further ado, here are the 10 top places to buy a long term rental property in 2023, ranked in descending order in terms of cash and cash return. Note that a few Arkansas and Florida markets are present in the list.
1. Lantana, Florida
- Median Property Price: $848,514
- Average Price per Square Foot: $447
- Days on Market: 78
- Number of Long Term Rental Listings: 123
- Monthly Long Term Rental Income: $3,149
- Long Term Rental Cash on Cash Return: 4.26%
- Long Term Rental Cap Rate: 4.33%
- Price to Rent Ratio: 22
- Walk Score: 65
Start searching for profitable long term rental properties in Lantana FL.
2. Saint Petersburg, Florida
- Median Property Price: $716,060
- Average Price per Square Foot: $412
- Days on Market: 144
- Number of Long Term Rental Listings: 1,342
- Monthly Long Term Rental Income: $2,914
- Long Term Rental Cash on Cash Return: 3.96%
- Long Term Rental Cap Rate: 4.01%
- Price to Rent Ratio: 20
- Walk Score: 42
3. Williamsburg, Virginia
- Median Property Price: $610,186
- Average Price per Square Foot: $640
- Days on Market: 85
- Number of Long Term Rental Listings: 186
- Monthly Long Term Rental Income: $2,529
- Long Term Rental Cash on Cash Return: 3.63%
- Long Term Rental Cap Rate: 3.68%
- Price to Rent Ratio: 20
- Walk Score: 85
4. Charleston, South Carolina
- Median Property Price: $868,907
- Average Price per Square Foot: $906
- Days on Market: 87
- Number of Long Term Rental Listings: 446
- Monthly Long Term Rental Income: $3,311
- Long Term Rental Cash on Cash Return: 3.61%
- Long Term Rental Cap Rate: 3.65%
- Price to Rent Ratio: 22
- Walk Score: 40
5. Fayetteville, Arkansas
- Median Property Price: $507,480
- Average Price per Square Foot: $245
- Days on Market: 98
- Number of Long Term Rental Listings: 896
- Monthly Long Term Rental Income: $2,068
- Long Term Rental Cash on Cash Return: 3.59%
- Long Term Rental Cap Rate: 3.64%
- Price to Rent Ratio: 20
- Walk Score: 57
6. Granbury, Texas
- Median Property Price: $519,670
- Average Price per Square Foot: $240
- Days on Market: 17
- Number of Long Term Rental Listings: 262
- Monthly Long Term Rental Income: $2,185
- Long Term Rental Cash on Cash Return: 3.52%
- Long Term Rental Cap Rate: 3.58%
- Price to Rent Ratio: 20
- Walk Score: 67
7. Springdale, Arkansas
- Median Property Price: $510,808
- Average Price per Square Foot: $223
- Days on Market: 91
- Number of Long Term Rental Listings: 223
- Monthly Long Term Rental Income: $2,067
- Long Term Rental Cash on Cash Return: 3.44%
- Long Term Rental Cap Rate: 3.49%
- Price to Rent Ratio: 21
- Walk Score: 73
8. Lake Havasu City, Arizona
- Median Property Price: $609,504
- Average Price per Square Foot: $1,362
- Days on Market: 180
- Number of Long Term Rental Listings: 328
- Monthly Long Term Rental Income: $2,538
- Long Term Rental Cash on Cash Return: 3.40%
- Long Term Rental Cap Rate: 3.44%
- Price to Rent Ratio: 20
- Walk Score: 32
9. Mount Pleasant, South Carolina
- Median Property Price: $955,448
- Average Price per Square Foot: $1,583
- Days on Market: 85
- Number of Long Term Rental Listings: 160
- Monthly Long Term Rental Income: $3,502
- Long Term Rental Cash on Cash Return: 3.40%
- Long Term Rental Cap Rate: 3.43%
- Price to Rent Ratio: 23
- Walk Score: 53
10. Bentonville, Arkansas
- Median Property Price: $538,852
- Average Price per Square Foot: $248
- Days on Market: 97
- Number of Long Term Rental Listings: 609
- Monthly Long Term Rental Income: $2,182
- Long Term Rental Cash on Cash Return: 3.39%
- Long Term Rental Cap Rate: 3.44%
- Price to Rent Ratio: 21
- Walk Score: 80
To start searching for the most profitable long term rentals in these top locations or any other US market, click here.
The 10 Best Short Term Rental Markets in 2023
This section focuses on the top locations to buy vacation rental property in 2023. Similar to our analysis on the best markets for long term rentals, we’ve conducted nationwide short term rental market analysis. We’ve used the cash on cash return to rank the markets as it is the most comprehensive ROI metric in real estate investing.
Other selection criteria that we’ve used include:
- Median property price below $1,000,000: We’ve analyzed markets where property prices are not skyrocketing. Home values above $1,000,000 are largely prohibitive for beginner investors.
- Number of existing short term rental properties of 100 and above: This indicates a well-developed vacation rental market with strong demand from leisure and/or business travelers.
- Occupancy rate of 50% and above: The occupancy rate is one of the main factors of profitability in the short term rental industry. You cannot make enough money from a vacation rental if it stays vacant for more than half the time it’s listed for rent.
Before deciding to invest in any of the following markets, you should consider that each market might face some vacation rental laws and restrictions. They will inevitably affect your Airbnb business. So, it’s crucially important to make sure you purchase a property in a market that allows non-owned occupied short term rentals.
Check out the Mashvisor short term rental regulations page for a summary of the applicable rules in each location.
Here are the best markets for vacation rentals in 2023 based on Mashvisor’s January 2023 data, arranged from those with the highest to the lowest cash on cash return. Note that traditionally profitable states like Florida, Texas, and South Carolina are no longer on the list.
1. Northlake, Illinois
- Median Property Price: $329,300
- Average Price per Square Foot: $204
- Days on Market: 95
- Number of Short Term Rental Listings: 116
- Monthly Short Term Rental Income: $4,259
- Short Term Rental Cash on Cash Return: 7.82%
- Short Term Rental Cap Rate: 7.96%
- Short Term Rental Daily Rate: $169
- Short Term Rental Occupancy Rate: 54%
- Walk Score: 33
Start searching for profitable short term rental properties in Northlake IL.
2. Bellwood, Illinois
- Median Property Price: $258,460
- Average Price per Square Foot: $208
- Days on Market: 84
- Number of Short Term Rental Listings: 173
- Monthly Short Term Rental Income: $3,820
- Short Term Rental Cash on Cash Return: 7.77%
- Short Term Rental Cap Rate: 7.91%
- Short Term Rental Daily Rate: $164
- Short Term Rental Occupancy Rate: 62%
- Walk Score: 83
3. Rileyville, Virginia
- Median Property Price: $332,031
- Average Price per Square Foot: $192
- Days on Market: 15
- Number of Short Term Rental Listings: 153
- Monthly Short Term Rental Income: $3,733
- Short Term Rental Cash on Cash Return: 7.57%
- Short Term Rental Cap Rate: 7.69%
- Short Term Rental Daily Rate: $235
- Short Term Rental Occupancy Rate: 55%
- Walk Score: 10
4. Columbia, Missouri
- Median Property Price: $294,905
- Average Price per Square Foot: $137
- Days on Market: 82
- Number of Short Term Rental Listings: 258
- Monthly Short Term Rental Income: $3,264
- Short Term Rental Cash on Cash Return: 7.54%
- Short Term Rental Cap Rate: 7.67%
- Short Term Rental Daily Rate: $144
- Short Term Rental Occupancy Rate: 59%
- Walk Score: 30
5. Parma Heights, Ohio
- Median Property Price: $194,232
- Average Price per Square Foot: $141
- Days on Market: 61
- Number of Short Term Rental Listings: 135
- Monthly Short Term Rental Income: $2,409
- Short Term Rental Cash on Cash Return: 7.40%
- Short Term Rental Cap Rate: 7.61%
- Short Term Rental Daily Rate: $140
- Short Term Rental Occupancy Rate: 50%
- Walk Score: 66
6. Kenmore, New York
- Median Property Price: $194,267
- Average Price per Square Foot: $152
- Days on Market: 149
- Number of Short Term Rental Listings: 475
- Monthly Short Term Rental Income: $2,723
- Short Term Rental Cash on Cash Return: 7.24%
- Short Term Rental Cap Rate: 7.43%
- Short Term Rental Daily Rate: $162
- Short Term Rental Occupancy Rate: 54%
- Walk Score: 80
7. Maywood, Illinois
- Median Property Price: $233,374
- Average Price per Square Foot: $143
- Days on Market: 92
- Number of Short Term Rental Listings: 327
- Monthly Short Term Rental Income: $3,116
- Short Term Rental Cash on Cash Return: 7.20%
- Short Term Rental Cap Rate: 7.38%
- Short Term Rental Daily Rate: $160
- Short Term Rental Occupancy Rate: 59%
- Walk Score: 58
8. Schiller Park, Illinois
- Median Property Price: $306,270
- Average Price per Square Foot: $229
- Days on Market: 39
- Number of Short Term Rental Listings: 128
- Monthly Short Term Rental Income: $3,668
- Short Term Rental Cash on Cash Return: 7.09%
- Short Term Rental Cap Rate: 7.21%
- Short Term Rental Daily Rate: $163
- Short Term Rental Occupancy Rate: 58%
- Walk Score: 63
9. Franklin Park, Illinois
- Median Property Price: $313,503
- Average Price per Square Foot: $200
- Days on Market: 66
- Number of Short Term Rental Listings: 181
- Monthly Short Term Rental Income: $3,718
- Short Term Rental Cash on Cash Return: 6.82%
- Short Term Rental Cap Rate: 6.94%
- Short Term Rental Daily Rate: $160
- Short Term Rental Occupancy Rate: 60%
- Walk Score: 64
10. Columbia Heights, Minnesota
- Median Property Price: $272,780
- Average Price per Square Foot: $138
- Days on Market: 62
- Number of Short Term Rental Listings: 319
- Monthly Short Term Rental Income: $3,192
- Short Term Rental Cash on Cash Return: 6.81%
- Short Term Rental Cap Rate: 6.95%
- Short Term Rental Daily Rate: $161
- Short Term Rental Occupancy Rate: 57%
- Walk Score: 82
To start searching for the most profitable short term rentals in these top locations or any other US market, click here.
How to Find a Profitable Rental Property in the Best Rental Markets
Identifying the top locations for your selected rental strategy is the first step in the process of buying a profitable long term or short term rental property. There are a few more steps that you need to take in order to guarantee a successful real estate investment.
Below, we’ve provided a step-by-step guide to what it takes to find a profitable rental property in the US market in 2023.
Step 1: Check Out the Rental Market Regulatory Environment
A successful rental business is a business that is not only profitable but also legal. The last thing you want as a landlord or an Airbnb host is to run into problems with the local authorities because of not complying with the rules in the market.
It holds especially true for short term rentals that meet a wide range of regulations and restrictions across the US. The quick growth of the vacation rental industry since Airbnb’s launch in 2008 forced many counties and cities to introduce various regulations.
The regulations are intended to counteract the affordable housing crisis and improve safety for local residents. So, especially if you’re thinking of investing in a vacation rental, you must ensure that your chosen market allows non-owned occupied short term rental properties. Otherwise, you cannot start an Airbnb business legally.
As mentioned above, Mashvisor can help you with the research. Just visit our short term rental regulations page.
Meanwhile, even if you plan to buy a long term rental, you need to consider the regulatory framework. There are markets that are more landlord-friendly and markets that are more tenant-friendly.
Step 2: Figure Out the Top Neighborhoods for Your Rental Strategy
The next step in finding a profitable rental property in the best rental markets for 2023 is choosing the top neighborhood for your preferred strategy. Real estate investment is highly local. It means that both the city and the area within the city affect all indicators and, ultimately, your ROI.
Mashvisor offers two tools that can help you greatly with neighborhood analysis. First, you can use the real estate heatmap to locate the best areas for either long term or short term rentals in any US market. You can find neighborhoods with:
- Low listing prices
- High rental income
- High cash on cash return
- High short term rental occupancy rate
Second, once you’ve got a general idea of a few promising areas, you can use the Mashvisor neighborhood analysis pages to deepen your research. For each neighborhood, you will get access to comprehensive real estate data, as well as long term and short term rental data.
Some numbers include:
- Mashmeter: The average potential of the area for both rental strategies based on the performance of actual rental listings
- Average price per square foot
- Rental income
- Cash on cash return
- Number of long term and short term rental listings
- Number of investment properties for sale
- Airbnb occupancy rate
- Rental property type breakdown to help you find out “What type of rental property is most profitable?”
In brief, the neighborhood analysis will provide you with all the information you need to decide if an area offers good opportunities for investing in 2023 or not. With such a wide variety of options in the US housing market, it doesn’t make sense to go for a suboptimal neighborhood.
Use Mashvisor’s real estate heatmap to identify the top neighborhood in the best rental markets.
Step 3: Search for Top-Performing Long Term or Short Term Rentals for Sale
After knowing where you want to buy a rental property, the next step is looking for long term or short term rentals for sale there, depending on your strategy. There are numerous ways in which you can conduct your search, both more traditional and more modern. For example, you can check newspapers, drive for dollars, talk to your network, or hire an agent.
However, the most efficient way to conduct your investment property search in 2023 is with the help of the best real estate tech tools. Specifically, the Mashvisor real estate investing app allows you to search for top-performing properties. You can look for the profitable ones based on market, budget, strategy, expected income, and ROI.
You can use either the investment property search engine or the rental property finder. Each tool will provide you with a list of MLS listings and off market properties that match your exact requirements and expectations. You can sort them based on cash on cash return in order to focus on the most profitable ones.
Step 4: Analyze the Investment Potential of Selected Investment Properties for Sale
Next, you need to perform detailed rental property analysis on the potential listings you’ve identified. You can do it manually by collecting data on comparable rental properties, known as rental comps. Then, you’d need to enter the data into an Excel spreadsheet and compute manual calculations to figure out which property offers the best outcomes.
The problem with the above approach is that frequently, the best investment opportunities are gone before beginners are ready with the necessary research to move ahead with them. As, traditionally, experienced investors have better access to analysis, they get to snatch the best investment properties.
The Mashvisor investment property calculator has changed this reality, providing both new and old investors with access to instant analysis. Each property listed on the platform, as well as each property for which you enter the address, comes with diligent analysis. It is based on the performance of actual rental comps in the area, making it 100% reliable.
The numbers provided by the Mashvisor rental property calculator include:
- Listing price
- One-time startup costs
- Rental income
- Recurring monthly expenses
- Occupancy rate
- Cash flow
- Cash on cash return
- Cap rate
One of the best things about the Mashvisor calculator is that all variables are adjustable. If you believe that your property will behave differently from comps, you can modify the numbers. Automatically, the calculator will recompute all related numbers, providing you with updated estimates of revenue and ROI.
Use the Best Real Estate Technology Tools Throughout
As a final piece of advice, we’d like to emphasize the importance of using the best real estate investment tools when looking for top-performing properties in the best rental markets. It is not really a step in the process but rather something that you should ensure throughout.
Traditionally, an investor needs to allocate three months to real estate research and analysis in order to find a profitable opportunity. The said duration has been brought down to just 15 minutes by the Mashvisor rental analysis platform.
Moreover, the results produced by the Mashvisor technology are much more robust and reliable than those from manual research. It is because they are based on the performance of all real estate comps and rental comps in the area and not just a small number of them.
To find the top long term and short term rental properties for sale in the best rental markets in the US in 2023, sign up for a 7-day free trial of Mashvisor.
Investing in the Best Long Term and Short Term Rentals Markets in 2023
So, we’ve provided you with the 20 best rental markets in the US for 2023. They offer the highest possible return on investment (in terms of cash on cash return) in addition to relatively affordable prices and strong rental demand for the respective strategy. If you’d like to optimize your investment outcomes, it’s a good idea to focus on these top locations.
While investing in real estate can be scary for first-time investors, US housing market predictions for 2023 show that this is a great time to buy a long term or short term rental. A lack of previous experience or significant knowledge should not prevent you from making money with real estate.
Remember that the Mashvisor real estate analytical platform can help you with all the steps that go into finding a profitable rental property in the top markets, as well as any other. We will help you identify the best neighborhoods for each strategy, search for top-performing properties for sale, and conduct detailed rental property analysis.
Most importantly, all numbers are trustworthy as they reflect the historical and current performance of actual rental listings in each market, as well as forecasting future trends.
To learn more about how Mashvisor can help you find the top opportunities in the best rental markets in 2023, sign up for a free demo with our experts.