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10 Best Places To Buy a Beach House To Rent Out for Passive Income
Written by
Gabrielle Olya
Edited by
Levi Leidy

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Buying a property to use as a short-term rental via sites like Airbnb and VRBO can be a very wise investment — if you choose the right location. Properties near the beach can be particularly lucrative, as many people desire proximity to the water for their seasonal getaways.
Realtor.com has identified the best places to buy a beach home as a rental property by comparing a home’s average annual returns to what you’d have to pay for it — also known as the yield. Based on this analysis, these are the best places to buy a beach property if you’re looking for short-term rental income.
1. Pawleys Island, South Carolina
- Median home price: $497,237
- Annual revenue potential: $41,995
- Expected yield: 19.8%
2. Michigan East Coast, Michigan
- Median home price: $208,513
- Annual revenue potential: $20,265
- Expected yield: 16.7%
3. Cape San Blas, Florida
- Median home price: $798,807
- Annual revenue potential: $64,264
- Expected yield: 12.8%
4. Gulfport and Biloxi, Mississippi
- Median home price: $303,930
- Annual revenue potential: $23,646
- Expected yield: 12.4%
5. Wilmington, Delaware
- Median home price: $614,856
- Annual revenue potential: $35,361
- Expected yield: 11.2%
6. Lincoln City/Newport, Oregon
- Median home price: $597,379
- Annual revenue potential: $43,241
- Expected yield: 11.10%
7. Grays Harbor, Washington
- Median home price: $421,627
- Annual revenue potential: $29,331
- Expected yield: 11%
8. Outer Banks, North Carolina
- Median home price: $705,939
- Annual revenue potential: $34,237
- Expected yield: 10.5%
9. Corpus Christi, Texas
- Median home price: $541,169
- Annual revenue potential: $27,154
- Expected yield: 10.4%
10. Gulf Shores, Alabama
- Median home price: $615,535
- Annual revenue potential: $112,281
- Expected yield: 10.3%
Data is sourced from Realtor.com and is accurate as of June 23, 2024.
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