Rental Business Profitability Statistics

Rental businesses have demonstrated strong profitability with an average profit margin ranging from 20-30% depending on the specific industry and market conditions.

Statistic 1

"Average annual revenue for a single-family rental is $16,620."

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Statistic 2

"As of 2021, the global online rental market is expected to grow by $431.23 billion during 2021-2025."

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Statistic 3

"Vacation rental revenue has grown at a rate of 3.6% per year from 2015 to 2021."

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Statistic 4

"38% of property investors, in 2020, say their rental properties' return is better than expected."

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Statistic 5

"Long-term residential rentals have an average profit margin of 6% to 8%."

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Statistic 6

"The annual revenue of the rental market in the United States was $62.5 billion in 2020."

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Statistic 7

"31% of rental owners say managing rental properties is more time consuming than expected."

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Statistic 8

"Vacation rental management companies report average yearly revenue growth of 9.3%."

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Statistic 9

"In 2018, the pedal and sailboat rental industry in the U.S. made a profit of 35%."

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Statistic 10

"The US short-term bike rental industry generated revenue of $81 million in 2018."

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Statistic 11

"In 2019, 87.3% of U.S.A rental property income came from residential properties."

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Statistic 12

"The rental vacancy rate in Q3 2020 was 5.7%, slightly lower than 6.8% in Q3 2019."

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Statistic 13

"67% of landlords are interested in adding more properties to their rental portfolio in the next 12 months."

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Statistic 14

"The average gross rental yield in the U.S. was 8.4% in 2017."

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Statistic 15

"The average property owner spends between 1% and 10% of rental income on repairs each year."

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Statistic 16

"56% of landlords consider property management their full-time job."

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Statistic 17

"A report shows that 80% of Airbnb hosts rent out their primary home, earning $7,530 annually on average."

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Statistic 18

"12% of investors purchased properties for rental income in 2020."

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