“By arming homeowners with information about how much they could potentially make by renting a room or their whole home on Airbnb, is helping them better understand their options and in turn make more informed decisions about their home.” “Short-term rentals are a great way to help with some of the costs of homeownership – renting out their house for a couple days or weeks out of the year when it’s not in use could generate extra income that can be put toward the mortgage, maintenance, or even help cover the cost of a vacation,” Mausam Bhatt, the chief product officer of, said in a statement. Of the homeowners surveyed, 60% reported they would consider renting out their current home rather than selling, if they look to buy or rent elsewhere, with 21% citing extra income from a renter and 19% citing the ability to maintain the home equity they have built as primary motivators. The estimated earnings for a seven-day rental are based on Airbnb data from similar listings in the ZIP code.Ī recent survey from and CensusWide found that 39% of homeowners have or would consider renting out part of their primary home, with 23% having rented out their home previously or are planning on doing so in the future and 16% reporting that they are considering renting out part or some of their home in the future.įinancial reasons are the primary motivator for homeowners to rent out their home, as 34% who have rented or plan to rent out their home are doing so in order to save money for a home purchase with a higher mortgage rate, while 29% are doing it prepare for potential upswings in a variable mortgage and 21% are doing it to help pay their current mortgage.Īccording to, the integration will also enable homeowners to see if it is a good idea to rent out their current home as an alternative to selling it. Short-term rental earnings estimates for hosting one room or the entire house will be available to homeowners via ’s My Home dashboard, according to an announcement on Thursday. If you love food, New Orleans Wine and Food experience is a good event to visit along with the French Market Creole Tomato Festival, Satchmo Summerfest and the Tales of the Cocktail annual meet.Homeowners can now see potential short-term rental income estimates on thanks to an integration with Airbnb. You can also participate in the Greek Festival which happens annually on Memorial Day weekend. However, Mardi Gras Carnival is among the most popular events in the city along with Jazz Fest which celebrates the city’s music, art and culture. With tons of festivals and events happening throughout the year, you will be hard-pressed to choose. New Orleans also nicknamed the Big Easy is the place where you can’t get serious. It is also within walking distance of the famous World War II Museum and Julia Street, known for its contemporary art galleries. The Warehouse District is home to the New Orleans Museum of Contemporary Art and the National Opera and Dance Theater. In addition, you are just minutes away from Tulane University and Audubon Park. This residential district features impressive historic mansions, wide avenues such as the famous Magazine Street, a street full of boutique stores, restaurants and art galleries. From colorful street art to trendy cafes and bars, there is no shortage of things to discover in this up-and-coming area. Stay in the unique atmosphere of Bywater, a neighborhood that has undergone a recent revitalization and is now a hub for artists, musicians and creatives. With a charm out of the ordinary, this neighborhood is a must-see for the adventurous traveler. Marigny, a neighborhood with a bohemian spirit, offers colorful murals among its main streets. Stroll through its Greek and Victorian-style streets and don't miss the opportunity to visit the famous Lafayette Cemetery or the impressive St. The Garden District is a neighborhood full of elegance and architectural beauty. Plus, you'll be just minutes from Café du Monde and Bourbon Street. Explore the narrow cobblestone streets and be seduced by famous jazz clubs. This iconic neighborhood is known for its Spanish Colonial architecture, lively nightlife and delicious Cajun cuisine.
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