Vacation Rental Market is Segmented by by Property Type (Homes, Apartments, Resort / Condominium, and More), Booking Mode (Online Platforms, Direct-To-Owner Websites, and More), by Rental Duration (Short-Term (<7 Nights), and More), Traveller Type, Families, Couples, and More), Price Tier (Budget, Mid-Scale, and Luxury / Premium), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

As of January 2025, the rent for a two-bedroom apartment in Hawaii was about 120 U.S. dollars higher than in California. The states of Hawaii and California ranked as the most expensive within the United States for apartment renters. Conversely, an apartment in Arkansas was almost three times more affordable than one in Hawaii.In 2025, the average monthly rent in the U.S. declined slightly. Nevertheless, in rents increased in most states, with West Virginia registering the highest growth.

The Rental Market Trends Dataset contains records of rental properties, providing a comprehensive overview of various factors influencing rental prices and occupancy rates in urban areas. This dataset is ideal for data analysis, machine learning, and predictive modeling related to real estate and rental markets.

Statistics Norway carries out the rental market survey every year in order to prepare statistics on rental prices for different types of housing in different parts of the country.

The survey is called Housing and Living Conditions (BOB) when we contact tenants. The name Housing and housing conditions are used to simplify the communication about the survey as tenants must report on their own housing and not on the rental market in general.

The population in BOB is all rental housing resident of private households in Norway. Since there is no complete register of rental housing, one must use a combination of various central administrative registers in Statistics Norway as a basis for establishing a sample framework with the largest possible proportion of rental housing. The sample in 2018 was established by drawing 37,000 addresses from the established drawing frame of assumed rental housing. The selection unit is the address of the assumed rental property, and the response unit is the person who lives at the address.

BOB is carried out as a pure web survey. The survey was conducted in 2018 over three weeks, starting on October 1.

Median monthly rental prices for the private rental market in England by bedroom category, region and administrative area, calculated using data from the Valuation Office Agency and Office for National Statistics.

The size of the Vacation Rental Market was valued at USD 95.66 billion in 2023 and is projected to reach USD 123.36 billion by 2032, with an expected CAGR of 3.7 % during the forecast period. Recent developments include: In August 2022, Oravel Stays Private Limited bought Bornholmske Feriehuse, an operator of vacation rentals to expand its presence in Europe. The acquisition aimed to increase Oyo's presence in Croatia, where it had over 7,000 houses on its Traum Ferienwohnungen platform and close to 1,800 vacation homes on its Belvilla platform , In May 2023, in honor of Global Accessibility Awareness Day, Airbnb, Inc. stated that its agents had checked and verified the accuracy of approximately 300,000 accessible elements in residences globally. These accessibility features included step-free entrances, fixed grab bars, or bath or shower chairs .

Revenue for apartment lessors has expanded through the end of 2025. Apartment lessors collect rental income from rental properties, where market forces largely determine their rates. The supply of apartment rentals has grown more slowly than demand, which has elevated rental rates for lessors' benefit. As the Federal Reserve hiked interest rates 11 times between March 2022 and January 2024, homeownership was pushed beyond the reach of many, resulting in a tighter supply and increased demand for rental properties. Despite three interest rate cuts in 2024, mortgage rates have remained stubbornly high in 2025, encouraging consumers to rent. Revenue has climbed at a CAGR of 2.6% over the past five years and is expected to reach $295.3 billion by the end of 2025. This includes an anticipated 1.4% gain in 2025 alone. The increasing unaffordability of housing is caused by the steady climb of mortgage rates and high prices maintained by a low supply. Supply has been held down as buyers who locked in low rates stay put, and investment groups hold a strategic number of their properties empty as investments. Industry profit has remained elevated because of solid demand for apartment rentals. Through the end of 2030, the apartment rental industry's future performance will be shaped by varying factors. The apartment supply in the US, which hit a record in 2024, is expected to taper off, which will push rental prices and occupancy rates up to the lessors' benefit. Other factors, such as interest rate cuts, decreasing financial barriers to homeownership and a high rate of urbanization, will also significantly impact the industry. With an estimated 80.7% of the US population living in urban areas, demand for apartment rentals will strengthen, although rising rental prices could force potential renters to cheaper suburbs. Demand will continue to outpace supply growth, prompting a climb in revenue. Revenue is expected to swell at a CAGR of 1.7% over the next five years, reaching an estimated $321.9 billion in 2030.

The purpose of the rent statistics is to determine the rental value of the leased properties in Norway stratified on various segments of the rental market. The Rental Market Survey originates in an external assignment and in the need for better and more detailed rent statistics on the rental market (Report No. 23, 2003-2004). The Rental Market Survey was conducted for the first time in 2005, see Report 2005/32 and further established as an official statistic in 2006. The Rental Market Survey is from 2012 expanded with the publication of more detailed rental figures.

Snapshot img

Vacation Rental Market Size 2025-2029

The vacation rental market size is valued to increase USD 22 billion, at a CAGR of 4.1% from 2024 to 2029. Growing tourism industry and increasing popularity of short-term vacation rental properties will drive the vacation rental market.

Major Market Trends & Insights

Europe dominated the market and accounted for a 32% growth during the forecast period.
By Management - Managed by owners segment was valued at USD 48.50 billion in 2023
By Method - Offline segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 68.07 billion
Market Future Opportunities: USD 22.00 billion
CAGR : 4.1%
Europe: Largest market in 2023

Market Summary

The market encompasses the provision of short-term stays in residential properties, including houses, apartments, and homestays. This market is experiencing significant growth due to the expanding tourism industry and the increasing popularity of flexible accommodation options. According to recent data, the vacation rental sector is projected to account for over 20% of the global accommodations market share by 2025. Core technologies, such as instant booking features and digital payment systems, are revolutionizing the vacation rental industry, making it more accessible and convenient for travelers.
However, challenges persist, including the risks associated with fraudulent listings and the need for robust regulatory frameworks to ensure consumer protection. As the market continues to evolve, it presents numerous opportunities for innovation, particularly in the areas of personalized services and sustainable tourism practices.

What will be the Size of the Vacation Rental Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free Sample

How is the Vacation Rental Market Segmented and what are the key trends of market segmentation?

The vacation rental industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Management

  Managed by owners
  Professionally managed


Method

  Offline
  Online


Type

  Home
  Apartments
  Resort/Condominium
  Others


Geography

  North America

    US
    Canada


  Europe

    France
    Italy
    UK


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

By Management Insights

The managed by owners segment is estimated to witness significant growth during the forecast period.

The markets witness significant trends shaping their operations and growth. Automated check-in and check-out systems streamline the guest experience, reducing manual labor and increasing efficiency. Social media marketing plays a crucial role in attracting and engaging potential renters, with 55% of travelers using social media to plan their trips. Legal compliance requirements are essential for vacation rental businesses, with occupancy rate optimization and access control systems ensuring adherence to regulations. Property valuation methods and smart home technology enhance the value proposition for renters, while energy management systems contribute to cost savings and sustainability. Keyless entry systems and guest review management tools facilitate seamless communication and improve the guest experience.

Customer service automation, cleaning service scheduling, revenue management strategies, and property management software enable owners to optimize their operations and maximize revenue. Rental agreement templates, digital marketing strategies, online booking systems, maintenance request systems, booking calendar software, dynamic pricing models, and channel management platforms are essential tools for vacation rental businesses. Guest experience platforms, yield management techniques, rental income projections, search engine optimization, payment gateway integration, tax calculation software, guest data analytics, customer relationship management, fraud prevention measures, accounting software integration, housekeeping management systems, guest communication tools, pricing optimization algorithms, insurance policy management, security system integration, and performance tracking metrics are all integral components of the evolving the market.

Request Free Sample

The Managed by owners segment was valued at USD 48.50 billion in 2019 and showed a gradual increase during the forecast period.

Industry growth is expected to be robust, with 32% of travelers expressing interest in vacation rentals as an alternative to hotels. Additionally, the adoption of technology in vacation rental businesses is projected to increase by 37% in the next five years (Source: Market Research). These trends underscore the import

The Furniture Rental Market size was valued at USD 54.91 billion in 2023 and is projected to reach USD 88.17 billion by 2032, exhibiting a CAGR of 7.0 % during the forecast period. Furniture Rental marketis a commercial enterprise that provides temporary usage of furnishings in residential or commercial areas. Staging, which is used most of the time during relocation, short-term occupancy, or the ones who are not planning to stay for a long time is very useful. It provides the flexibility of moving around without making a long-term commitment. The service involves several kinds of furniture, for example, residential, office, and event, which are rented according to the specifications. Usually, the items are sofas, tables, chairs, and decorative items which are available in different styles so that they can be used according to the preferences of the customers. Lately, there have been a lot of eco-friendly trends, such as the use of sustainable materials and the promotion of green practices, which are slowly but surely gaining ground. Furthermore, the mixing of online platforms cuts down the renting process, thus, making it more convenient and accessible.

Discover the booming rental housing market! Explore key trends, drivers, and challenges impacting this multi-trillion dollar industry. Learn about top players like Airbnb and Zillow, regional market share, and future growth projections to 2033. Get insights to inform your investment or business strategy.

The United States power rental market size reached USD 6.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 9.2 Billion by 2033, exhibiting a growth rate (CAGR) of 4.56% during 2025-2033.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 6.0 Billion
Market Forecast in 2033	USD 9.2 Billion
Market Growth Rate (2025-2033)	4.56%

IMARC Group provides an analysis of the key trends in each segment of the United States power rental market report, along with forecasts at the region levels from 2025-2033. Our report has categorized the market based on equipment type, fuel type, power rating, application and end use industry.

The global vacation rental market size was USD 88.2 billion in 2024 & is projected to grow from USD 92.61 billion in 2025 to USD 136.83 billion by 2033.
Report Scope:

Report Metric	Details
Market Size in 2024	USD 88.2 Billion
Market Size in 2025	USD 92.61 Billion
Market Size in 2033	USD 136.83 Billion
CAGR	5% (2025-2033)
Base Year for Estimation	2024
Historical Data	2021-2023
Forecast Period	2025-2033
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments Covered	By Accommodation Type,By Booking Mode,By Price Point,By End-User,By Region.
Geographies Covered	North America, Europe, APAC, Middle East and Africa, LATAM,
Countries Covered	U.S., Canada, U.K., Germany, France, Spain, Italy, Russia, Nordic, Benelux, China, Korea, Japan, India, Australia, Taiwan, South East Asia, UAE, Turkey, Saudi Arabia, South Africa, Egypt, Nigeria, Brazil, Mexico, Argentina, Chile, Colombia,

The market's journey from USD 2.6 billion in 2025 to USD 6.4 billion by 2035 represents substantial growth, demonstrating the accelerating adoption of advanced rental platforms and subscription technology across ethnic wear rental, fashion sharing, and specialty wardrobe applications.

Metric	Value
Market Value (2025)	USD 2.6 billion
Market Forecast (2035)	USD 6.4 billion
Growth Rate	9.5% CAGR

The DIY and hardware category was estimated to be the consumer goods category which generated the highest revenue from rentals in 2022 by a considerable margin. According to Statista estimates, the revenue from DIY and hardware rentals was forecast to more than ****** from 2022 to 2026.

The online home rental market is set to experience significant growth from 2025 to 2035, driven by increasing urbanization, rising digital adoption, and the growing demand for flexible living solutions. The market is expected to expand from USD 20.4 billion in 2025 to USD 82.5 billion by 2035, reflecting a CAGR of 14.2% during the forecast period.

Metric	Value
Industry Size (2025E)	USD 20.4 billion
Industry Value (2035F)	USD 82.5 billion
CAGR (2025 to 2035)	14.2%

Global Online Home Rental Market - Country-Wise Per Capita Spending

Country	United States
Population (millions)	345.4
Estimated Per Capita Spending (USD)	145.20

Country	United Kingdom
Population (millions)	68.3
Estimated Per Capita Spending (USD)	132.50

Country	Germany
Population (millions)	83.2
Estimated Per Capita Spending (USD)	120.80

Country	France
Population (millions)	65.6
Estimated Per Capita Spending (USD)	110.30

Country	Canada
Population (millions)	39.2
Estimated Per Capita Spending (USD)	138.60

Country-Wise Outlook

Country	CAGR (2025 to 2035)
United States	6.8%

Country	CAGR (2025 to 2035)
United Kingdom	6.5%

Country	CAGR (2025 to 2035)
Germany	6.7%

Country	CAGR (2025 to 2035)
India	7.5%

Country	CAGR (2025 to 2035)
China	8.1%

Competition Outlook

Estimated Market Share (%), 2024
Airbnb	20-25%
Zillow Rentals	15 to 20%
Realtor.com	12-16%
Apartments.com ( CoStar Group)	10-14%
Other Companies (combined)	35-45%

Luxury Rental Market size was valued at USD 19.5 Billion in 2023 and is projected to reach USD 30.11 Billion by 2031, growing at a CAGR of 6.4% during the forecast period 2024-2031.Global Luxury Rental Market DriversThe Luxury Rental Market is influenced by a variety of market drivers. Understanding these factors can provide insights into the dynamics of this sector. Here are some of the key drivers:Economic Conditions: The overall health of the economy plays a significant role. When the economy is strong, high-net-worth individuals (HNWIs) are more inclined to invest in luxury rental properties.Urbanization and Demographic Trends: Increasing urbanization, along with the influx of affluent individuals into major cities, drives demand for luxury rentals. Younger generations, including millennials and Gen Z, may prioritize flexible living arrangements.Global Luxury Rental Market RestraintsThe Luxury Rental Market is influenced by various factors that can act as market restraints. Some key market restraints include:Economic Conditions: Economic downturns or uncertainty can reduce disposable income and consumer confidence, leading to decreased demand for luxury rentals.High Competition: The Luxury Rental Market can become saturated with numerous options, making it challenging for property owners to differentiate their offerings and attract tenants.

The Cooling Tower Rental Market Report is Segmented by Tower Type (Evaporative, Dry, and Hybrid), Capacity Range (Below 5 MW, 5 To 20 MW, and Above 20 MW), Rental Duration (Short-Term, Mid-Term, and Long-Term), End-User Industry (Oil and Gas, Chemical and Petrochemical, Power Generation, HVACR, Data Centers, Pulp and Paper, Food and Beverage, and Others), and Geography (North America, Europe, Asia-Pacific, South America, and More).

The Car Rental Market size was valued at USD 132.48 billion in 2023 and is projected to reach USD 278.54 billion by 2032, exhibiting a CAGR of 11.2 % during the forecast period. Recent developments include: In May 2023, Car Karlo Mobility Technologies LLP unveiled their self-driven car rental services in Pune, India. The company aims to tap into the rapidly expanding Indian market by introducing a user-friendly car rental booking website and mobile app. , In April 2022, SIXT, a leading global mobility provider, continued with its expansion throughout the U.S. The company revealed plans to open new branches in Charlotte and Baltimore, to provide customers with a broader selection of rental options along the East Coast. , In April 2021, GoAir joined forces with Eco Europcar to introduce car rental services in 100 cities throughout India, encompassing 25 airports. The partnership allows GoAir to provide chauffeur-driven cars, ranging from mid to luxury car segments, through Eco Europcar's platform. , In May 2021, Uber Technologies Inc. introduced a car rental service named Uber Rent in Washington DC. Additionally, the company revealed its plans to expand the Uber Reserve option for several major airports in the U.S. .