Vacation rental in your spare apartment or suite

Rent a basement apartment, in-law suite or garage unit you already have to visitors for short stays.

Tidy furnished apartment bedroom ready for holidaymakers arriving for a short stay.
Startup cost$1k to $6k
Monthly revenue$800 to $4k
Time needed5+ h/week
First incomeWeeks
  • $1k-6k
  • Side hustle
  • From home
  • Licence or permit needed

Estimates for a small start in the US, not guarantees.

Official data

2,061 US businesses with employees in this field, +8.6% in a year

NAICS 721199 “All other traveler accommodation”. Source: U.S. Census Bureau, County Business Patterns 2023.

What it is

You furnish a self-contained space at or next to your home, such as a basement apartment, in-law suite or accessory dwelling unit, and rent it by the night to travelers. You list it online, welcome guests and handle turnovers between stays.

Your first three steps

  1. Check your city or county rules on short-term rentals, and your HOA or lease terms, before spending money
  2. Furnish the space simply, take bright photos and set a starting nightly rate by comparing nearby listings
  3. Create your listings on a booking platform, set house rules and a cleaning routine, and invite a few friends for a trial stay and review
Who pays

Vacationing couples and families, visitors to nearby family, and traveling workers who want a home-style stay instead of a hotel.

How it makes money

A nightly rate plus a cleaning fee per stay. Income depends on your location, the seasons and how many nights you are booked each month.

Skills that help
  • Friendly, clear communication with guests
  • Staying organized with bookings and cleaning schedules
  • Taking good photos and writing honest listings
Watch out for
  • Many cities and counties require a short-term rental permit or registration, and some limit or ban them in certain zones, so check locally
  • Lodging or occupancy taxes may apply, so check with your state, county or city, and the booking platform may collect some of them
  • Ask your insurer about short-term rental coverage, as a standard homeowners policy may not cover paying guests
  • Zoning rules for accessory dwelling units, plus HOA or lease limits, can block rentals
  • Noise, neighbor complaints and sharing a property with strangers

Deep research report · US

Everything you need to start: vacation rental in your spare apartment or suite

Researched with live web search for United States: real startup prices, the licences and rules, what others charge, a break-even example, how to find your first customers and a 30-day launch plan. With sources.

  • Startup costs with real prices
  • Licences, registration and rules
  • Pricing: what others charge
  • Break-even example
  • Finding your first customers
  • 30-day launch plan
  • Risks and how to reduce them
Ready in about 2 minutes · one-off payment, tax included

See a full sample report

Questions people ask

How much does it cost to start a vacation rental in a spare unit?

Startup costs are typically around $1,000 to $6,000, depending on how much furnishing and preparation the space needs. These are estimates, so list what you already own before you budget.

How much can a spare unit vacation rental earn?

Monthly revenue is typically around $800 to $4,000, depending on your location, nightly rate and how often the unit is booked. It is an estimate, not a promise, and bookings can vary by season.

What permits and rules should I check before renting short term?

Check whether your city or county requires a short-term rental permit or registration, and whether lodging or occupancy taxes apply. Also check short-term rental insurance with your insurer, plus accessory dwelling unit zoning and any HOA or lease limits.

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