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Best Touristy Towns To Own Rental Property

See which travel-worthy towns draw in the most visitors.
By Sophia Zolan Real Estate Investing 101

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50 photos

BAR HARBOR-OCT 17: Bar Harbor architecture in downtown near Frenchman Bay in Maine, USA on October 17, 2015.
f11photo / Shutterstock.com

Imagine owning a rental property that generates a constant stream of passive income because it’s so in demand with tourists. This dream can become a reality if you decide to buy property in a town that offers popular local attractions, such as adventurous theme parks, lush wineries and beautiful museums.

If you want to invest in a rental property, the next step is to find the most worthwhile places to look. To determine the best touristy towns to own rental property, GOBankingRates analyzed the annual rental revenue and average daily rental rate in 50 cities and destinations. The annual rental revenue for each town comprises the total nightly rate and cleaning fees earned over the past year and doesn’t include taxes, service fees or additional guest fees. The average daily rental rate consists of the average nightly rate and cleaning fees for all booked days over the last year.

With growing platforms like Airbnb and HomeAway, it’s a simple task to rent out your property to eager vacationers across America. California, in particular, hosts the largest number of cities with popular attractions, followed by Florida. Overall, there are plenty of U.S. cities where you can own a lucrative investment property.

Arizona, Grand Canyon, LANDSCAPE, SCENIC
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©Shutterstock.com

50. Grand Canyon, Arizona

  • Attraction(s): Grand Canyon National Park
  • Annual rental revenue: $1,743
  • Average daily rental rate: $80
The St. Louis city skyline with Gateway Arch at dusk
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Stephen Emlund / Getty Images/iStockphoto

49. St. Louis

  • Attraction(s): Gateway Arch, St. Louis’ Old Courthouse and Missouri Botanical Garden
  • Annual rental revenue: $1,757
  • Average daily rental rate: $109
Cities, Independence Hall, Pennsylvania, Philadelphia
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©Shutterstock.com

48. Philadelphia

  • Attraction(s): Liberty Bell, Independence Hall and South Street
  • Annual rental revenue: $2,129
  • Average daily rental rate: $143

Read More: 13 Ways To Invest That Don’t Involve the Stock Market

Red spires of the Garden of the Gods Park in Colorado Springs on a beautiul spring afternoon.
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SWKrullImaging / Getty Images/iStockphoto

47. Colorado Springs, Colorado

  • Attraction(s): Pikes Peak and Cheyenne Mountain
  • Annual rental revenue: $2,375
  • Average daily rental rate: $144
American side of Niagara falls, NY, USA.
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JANIFEST / Getty Images/iStockphoto

46. Niagara Falls, New York

  • Attraction(s): Niagara Falls
  • Annual rental revenue: $2,064
  • Average daily rental rate: $164
Travel
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jiawangkun / Shutterstock.com

45. Williamsburg, Virginia

  • Attraction(s): Colonial Williamsburg and Busch Gardens Williamsburg
  • Annual rental revenue: $1,864
  • Average daily rental rate: $181
A grove of Joshua Trees being bathed in the soft glow of morning twilight in Joshua Tree National Park, CA.
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KiskaMedia / Getty Images/iStockphoto

44. Joshua Tree, California

  • Attraction(s): Joshua Tree National Park
  • Annual rental revenue: $2,209
  • Average daily rental rate: $160
Gettysburg National Military Park
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Jon Bilous / Shutterstock.com

43. Gettysburg, Pennsylvania

  • Attraction(s): Gettysburg National Military Park and Eisenhower National Historic Site
  • Annual rental revenue: $2,080
  • Average daily rental rate: $171
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Sean Pavone / Shutterstock.com

42. Washington, D.C.

  • Attraction(s): White House, United States Capitol and Smithsonian
  • Annual rental revenue: $2,495
  • Average daily rental rate: $149
Miami
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Manakin / Getty Images

41. Miami

  • Attraction(s): Everglades, South Beach, art deco architecture and Little Havana
  • Annual rental revenue: $2,248
  • Average daily rental rate: $166
Chicago-Illinois
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©Shutterstock.com

40. Chicago

  • Attraction(s): Art Institute of Chicago, Willis Tower and Wrigley Field
  • Annual rental revenue: $2,386
  • Average daily rental rate: $158
"Seattle, United States - September 19, 2011: Space Needle is a tower and a symbol of Seattle, the tower is located in Seattle Center, which is a cultural center and in this square there is also the interactive museum of music with its irregular structure and futuristic".
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martaland / Getty Images

39. Seattle

  • Attraction(s): Space Needle and Pike Place Market
  • Annual rental revenue: $2,637
  • Average daily rental rate: $156
looking over the Hollywood sign in Los Angeles California
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Sean Pavone / Shutterstock.com

38. Los Angeles

  • Attraction(s): Hollywood, Venice Beach, Santa Monica State Beach and Universal Studios Hollywood
  • Annual rental revenue: $2,785
  • Average daily rental rate: $160
Fort Lauderdale Beach.
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Mia2you / Shutterstock.com

37. Fort Lauderdale, Florida

  • Attraction(s): Las Olas Boulevard, Bonnet House Museum and Gardens, and widespread beaches
  • Annual rental revenue: $2,465
  • Average daily rental rate: $180
A waterfall cascades across smooth rock into the Tracy Arm Fjord in Alaska.
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Matt Anderson / Getty Images/iStockphoto

36. Juneau, Alaska

  • Attraction(s): Mendenhall Glacier, Tracy Arm Fjord and Tongass National Forest
  • Annual rental revenue: $2,794
  • Average daily rental rate: $166
Bourbon street during Mardi Gras in New Orleans
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©Shutterstock.com

35. New Orleans

  • Attraction(s): French Quarter, Mardi Gras, bustling jazz clubs and timeless streetcars
  • Annual rental revenue: $2,501
  • Average daily rental rate: $187
Disney World Epcot
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©Pixabay

34. Orlando, Florida

  • Attraction(s): Walt Disney World Resort and Universal Orlando Resort
  • Annual rental revenue: $2,590
  • Average daily rental rate: $183
Mount Rainier National Park, Washington, USA - July 31, 2016: Visitors to Mount Rainier National Park touring the park along the scenic highway in their vehicle with Mount Rainier in the distance background.
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YinYang / Getty Images

33. Ashford, Washington

  • Attraction(s): Mount Rainier National Park
  • Annual rental revenue: $2,806
  • Average daily rental rate: $183
Las Vegas, Nevada, USA - June 7, 2014: Night time street view of the Las Vegas Strip in Nevada with car traffic and people strolling around.
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tobiasjo / Getty Images

32. Las Vegas

  • Attraction(s): Las Vegas Strip and casinos
  • Annual rental revenue: $2,800
  • Average daily rental rate: $196
11248, Horizontal, Travel
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Sean Pavone / Shutterstock.com

31. St. Augustine, Florida

  • Attraction(s): Colonial Quarter, Castillo de San Marcos National Monument and St. Augustine Beach
  • Annual rental revenue: $2,914
  • Average daily rental rate: $197
Mount-Rushmore-South-Dakota
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Hans Wagemaker / Shutterstock.com

30. Keystone, South Dakota

  • Attraction(s): Mount Rushmore National Memorial
  • Annual rental revenue: $2,900
  • Average daily rental rate: $200
New-York
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Atanas Bezov / Shutterstock.com

29. New York

  • Attraction(s): Statue of Liberty, Empire State Building and One World Trade Center
  • Annual rental revenue: $3,060
  • Average daily rental rate: $191
Sedona, Travel
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Josemaria Toscano / Shutterstock.com

28. Sedona, Arizona

  • Attraction(s): Coconino National Forest, canyons and red sandstone formations
  • Annual rental revenue: $2,918
  • Average daily rental rate: $200
Waikiki ,Oahu, Hawaii, United States - August 27, 2016: people take the sun lying on the lawn fronting the popular Queen's Beach section of Waikiki Beach.
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bennymarty / Getty Images

27. Honolulu

  • Attraction(s): Waikiki Beach, Pearl Harbor National Memorial and Diamond Head State Monument
  • Annual rental revenue: $3,335
  • Average daily rental rate: $179
Savannah, USA - May 11, 2018: Famous water fountain in Forsyth park, Georgia during sunny day in summer with people walking on alley street.
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krblokhin / Getty Images

26. Savannah, Georgia

  • Attraction(s): Historic District, Forsyth Park and no open container laws
  • Annual rental revenue: $3,005
  • Average daily rental rate: $214
Peak autumn foliage in the Adirondacks region of New York.
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DenisTangneyJr / Getty Images/iStockphoto

25. Adirondack, New York

  • Attraction(s): Adirondack Mountains and Schroon Lake
  • Annual rental revenue: $3,099
  • Average daily rental rate: $228
Downtown San Diego Gaslamp sign over moving traffic.
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Mindy_Nicole_Photography / iStock.com

24. San Diego

  • Attraction(s): San Diego Zoo, Gaslamp Quarter and Coronado
  • Annual rental revenue: $3,375
  • Average daily rental rate: $211
Great Smoky Mountains National Park Scenic Sunrise Landscape at Oconaluftee Overlook between Cherokee NC and Gatlinburg TN.
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WerksMedia / Getty Images/iStockphoto

23. Gatlinburg, Tennessee

  • Attraction(s): Great Smoky Mountains National Park
  • Annual rental revenue: $3,700
  • Average daily rental rate: $215
Fort Sumter in Charleston South Carolina
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Ovidiu Hrubaru / Shutterstock.com

22. Charleston, South Carolina

  • Attraction(s): Fort Sumter and Fort Moultrie National Historical Park and Aiken-Rhett House Museum
  • Annual rental revenue: $3,365
  • Average daily rental rate: $236
Sanibel Island, Florida.
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Vito Palmisano / Getty Images/iStockphoto

21. Sanibel Island, Florida

  • Attraction(s): Sanibel Stoop, Wildlife Drive and beaches
  • Annual rental revenue: $3,740
  • Average daily rental rate: $250
Long exposure photo in Marshall's Beach with Golden Gate Bridge in the background in San Francisco at sunset, California.
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Eloi_Omella / Getty Images

20. San Francisco

  • Attraction(s): Golden Gate Bridge, Alcatraz Island and iconic cable cars
  • Annual rental revenue: $3,958
  • Average daily rental rate: $238
Boston, USA - April 28, 2015: Fountain at Boston Common public park and people in Boston, MA, United States.
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RomanBabakin / Getty Images

19. Boston

  • Attraction(s): Fenway Park, Boston Common and Bunker Hill Monument
  • Annual rental revenue: $4,204
  • Average daily rental rate: $240
People trekking the Navajo loop trail in Bryce Canyon National Park at sunrise with some clouds and fog.
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Eloi_Omella / Getty Images

18. Bryce, Utah

  • Attraction(s): Bryce Canyon National Park
  • Annual rental revenue: $4,458
  • Average daily rental rate: $227
Bar Harbor Maine town square.
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Paulaandreaonline / Getty Images/iStockphoto

17. Bar Harbor, Maine

  • Attraction(s): Acadia National Park and Bar Harbor’s Main Street
  • Annual rental revenue: $4,450
  • Average daily rental rate: $248
Yellowstone
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Lorcel / Shutterstock.com

16. West Yellowstone, Montana

  • Attraction(s): Yellowstone National Park
  • Annual rental revenue: $3,981
  • Average daily rental rate: $289
Steamboat Springs - Colorado
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©Shutterstock.com

15. Steamboat Springs, Colorado

  • Attraction(s): Popular outdoor activities, such as hiking, horseback riding, rafting and biking; summer festivals, including the Hot Air Balloon Rodeo and Art in the Park; Strawberry Park Hot Springs; and Old Town Hot Springs
  • Annual rental revenue: $3,315
  • Average daily rental rate: $339
Disneyland, Disneyland Resort, castle, fireworks, theme park
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Jacob Dyer / Unsplash

14. Anaheim, California

  • Attraction(s): Disneyland Park
  • Annual rental revenue: $4,710
  • Average daily rental rate: $263
Seaside homes in Rodanthe, North Carolina - Image.
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Bram Reusen / Shutterstock.com

13. Rodanthe, North Carolina

  • Attraction(s): The Outer Banks (family-friendly beaches, barrier islands and historic shipwrecks to explore)
  • Annual rental revenue: $4,331
  • Average daily rental rate: $287
Destin beach in florida ar Henderson State Park USA - Image.
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lunamarina / Shutterstock.com

12. Destin, Florida

  • Attraction(s): Henderson Beach State Park
  • Annual rental revenue: $4,437
  • Average daily rental rate: $282
A beautiful day at the Sand Harbor area of Lake Tahoe.
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Chris Demonbreun Photography / Getty Images/iStockphoto

11. South Lake Tahoe, California

  • Attraction(s): Lake Tahoe
  • Annual rental revenue: $3,856
  • Average daily rental rate: $349
A red car vehicle touring the scenic mountain highways.
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YinYang / Getty Images/iStockphoto

10. Springdale, Utah

  • Attraction(s): Zion National Park
  • Annual rental revenue: $4,950
  • Average daily rental rate: $322
Spectacular Sunset at Rhode Island Lighthouse, Point Judith lighthouse, near Narragansett, Rhode Island, USA.
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lucky-photographer / Getty Images/iStockphoto

9. Newport, Rhode Island

  • Attraction(s): Colonial homes, Thames Street, Fort Adams and sprawling beaches
  • Annual rental revenue: $4,334
  • Average daily rental rate: $369
leaning palm tree in Key West Florida.
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TriggerPhoto / Getty Images/iStockphoto

8. Key West, Florida

  • Attraction(s): Florida Keys, celebrated beaches and ample fishing
  • Annual rental revenue: $5,276
  • Average daily rental rate: $321
downtown Jackson Hole Wyoming
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troutfisherman / Getty Images

7. Jackson, Wyoming

  • Attraction(s): Jackson Hole, Snow King Mountain and Grand Teton National Park
  • Annual rental revenue: $5,086
  • Average daily rental rate: $428
Going-to-the-Sun Road, Lake, Midwest USA, Montana - Western USA, Plant.
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HaizhanZheng / Getty Images

6. West Glacier, Montana

  • Attraction(s): Glacier National Park
  • Annual rental revenue: $6,301
  • Average daily rental rate: $359
Yosemite valley at sunset, California, USA.
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zorazhuang / Getty Images

5. Yosemite, California

  • Attraction(s): Yosemite National Park
  • Annual rental revenue: $6,275
  • Average daily rental rate: $427
Sonoma California Vineyards Near Sebastopol California
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©Shutterstock.com

4. Sonoma, California

  • Attraction(s): 400 wineries (some of which offer free tastings), farm-to-table eateries, specialty food stores and bustling farmers markets, plus breweries, distilleries and cider houses
  • Annual rental revenue: $5,817
  • Average daily rental rate: $456
Skiers on Telluride's Gold Hill with the majestic Wilson Massif in the background.
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DOUGBERRY / Getty Images

3. Telluride, Colorado

  • Attraction(s): Skiing and film festival
  • Annual rental revenue: $5,600
  • Average daily rental rate: $514
A pair of fast skiers rocket down a groomed trail on Ajax Mountain at Aspen Colorado.
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gladassfanny / iStock.com

2. Aspen, Colorado

  • Attraction(s): Skiing
  • Annual rental revenue: $6,300
  • Average daily rental rate: $625
Bixby Bridge (Rocky Creek Bridge) and Pacific Coast Highway at sunset near Big Sur in California, USA.
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miroslav_1 / Getty Images/iStockphoto

1. Big Sur, California

  • Attraction(s): Home of the famous U.S. Highway 1 and the longest scenic stretch of undeveloped coastline in the contiguous United States
  • Annual rental revenue: $12,650
  • Average daily rental rate: $756

More From GOBankingRates

Methodology: GOBankingRates determined the best touristy towns to own rental property by using U.S. News & World Report’s Best USA Vacation Rankings to generate a list of 50 cities, towns and destinations, which were then analyzed in terms of annual rental revenue and average daily rental rate, sourced from AirDNA. These two factors were scored and added together, and then all 50 places were ranked. All data used to conduct this study was compiled and verified on Sept. 19, 2019.

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Imagine owning a rental property that generates a constant stream of passive income because it’s so in demand with tourists. This dream can become a reality if you decide to buy property in a town that offers popular local attractions, such as adventurous theme parks, lush wineries and beautiful museums.

If you want to invest in a rental property, the next step is to find the most worthwhile places to look. To determine the best touristy towns to own rental property, GOBankingRates analyzed the annual rental revenue and average daily rental rate in 50 cities and destinations. The annual rental revenue for each town comprises the total nightly rate and cleaning fees earned over the past year and doesn’t include taxes, service fees or additional guest fees. The average daily rental rate consists of the average nightly rate and cleaning fees for all booked days over the last year.

With growing platforms like Airbnb and HomeAway, it’s a simple task to rent out your property to eager vacationers across America. California, in particular, hosts the largest number of cities with popular attractions, followed by Florida. Overall, there are plenty of U.S. cities where you can own a lucrative investment property.

50. Grand Canyon, Arizona

  • Attraction(s): Grand Canyon National Park
  • Annual rental revenue: $1,743
  • Average daily rental rate: $80

49. St. Louis

  • Attraction(s): Gateway Arch, St. Louis’ Old Courthouse and Missouri Botanical Garden
  • Annual rental revenue: $1,757
  • Average daily rental rate: $109
Cities, Independence Hall, Pennsylvania, Philadelphia
©Shutterstock.com

48. Philadelphia

  • Attraction(s): Liberty Bell, Independence Hall and South Street
  • Annual rental revenue: $2,129
  • Average daily rental rate: $143

Read More: 13 Ways To Invest That Don’t Involve the Stock Market

47. Colorado Springs, Colorado

  • Attraction(s): Pikes Peak and Cheyenne Mountain
  • Annual rental revenue: $2,375
  • Average daily rental rate: $144

46. Niagara Falls, New York

  • Attraction(s): Niagara Falls
  • Annual rental revenue: $2,064
  • Average daily rental rate: $164

45. Williamsburg, Virginia

  • Attraction(s): Colonial Williamsburg and Busch Gardens Williamsburg
  • Annual rental revenue: $1,864
  • Average daily rental rate: $181

44. Joshua Tree, California

  • Attraction(s): Joshua Tree National Park
  • Annual rental revenue: $2,209
  • Average daily rental rate: $160

43. Gettysburg, Pennsylvania

  • Attraction(s): Gettysburg National Military Park and Eisenhower National Historic Site
  • Annual rental revenue: $2,080
  • Average daily rental rate: $171

42. Washington, D.C.

  • Attraction(s): White House, United States Capitol and Smithsonian
  • Annual rental revenue: $2,495
  • Average daily rental rate: $149

41. Miami

  • Attraction(s): Everglades, South Beach, art deco architecture and Little Havana
  • Annual rental revenue: $2,248
  • Average daily rental rate: $166

40. Chicago

  • Attraction(s): Art Institute of Chicago, Willis Tower and Wrigley Field
  • Annual rental revenue: $2,386
  • Average daily rental rate: $158

39. Seattle

  • Attraction(s): Space Needle and Pike Place Market
  • Annual rental revenue: $2,637
  • Average daily rental rate: $156

38. Los Angeles

  • Attraction(s): Hollywood, Venice Beach, Santa Monica State Beach and Universal Studios Hollywood
  • Annual rental revenue: $2,785
  • Average daily rental rate: $160

37. Fort Lauderdale, Florida

  • Attraction(s): Las Olas Boulevard, Bonnet House Museum and Gardens, and widespread beaches
  • Annual rental revenue: $2,465
  • Average daily rental rate: $180

36. Juneau, Alaska

  • Attraction(s): Mendenhall Glacier, Tracy Arm Fjord and Tongass National Forest
  • Annual rental revenue: $2,794
  • Average daily rental rate: $166

35. New Orleans

  • Attraction(s): French Quarter, Mardi Gras, bustling jazz clubs and timeless streetcars
  • Annual rental revenue: $2,501
  • Average daily rental rate: $187

34. Orlando, Florida

  • Attraction(s): Walt Disney World Resort and Universal Orlando Resort
  • Annual rental revenue: $2,590
  • Average daily rental rate: $183

33. Ashford, Washington

  • Attraction(s): Mount Rainier National Park
  • Annual rental revenue: $2,806
  • Average daily rental rate: $183

32. Las Vegas

  • Attraction(s): Las Vegas Strip and casinos
  • Annual rental revenue: $2,800
  • Average daily rental rate: $196

31. St. Augustine, Florida

  • Attraction(s): Colonial Quarter, Castillo de San Marcos National Monument and St. Augustine Beach
  • Annual rental revenue: $2,914
  • Average daily rental rate: $197

30. Keystone, South Dakota

  • Attraction(s): Mount Rushmore National Memorial
  • Annual rental revenue: $2,900
  • Average daily rental rate: $200

29. New York

  • Attraction(s): Statue of Liberty, Empire State Building and One World Trade Center
  • Annual rental revenue: $3,060
  • Average daily rental rate: $191

28. Sedona, Arizona

  • Attraction(s): Coconino National Forest, canyons and red sandstone formations
  • Annual rental revenue: $2,918
  • Average daily rental rate: $200

27. Honolulu

  • Attraction(s): Waikiki Beach, Pearl Harbor National Memorial and Diamond Head State Monument
  • Annual rental revenue: $3,335
  • Average daily rental rate: $179

26. Savannah, Georgia

  • Attraction(s): Historic District, Forsyth Park and no open container laws
  • Annual rental revenue: $3,005
  • Average daily rental rate: $214

25. Adirondack, New York

  • Attraction(s): Adirondack Mountains and Schroon Lake
  • Annual rental revenue: $3,099
  • Average daily rental rate: $228

24. San Diego

  • Attraction(s): San Diego Zoo, Gaslamp Quarter and Coronado
  • Annual rental revenue: $3,375
  • Average daily rental rate: $211

23. Gatlinburg, Tennessee

  • Attraction(s): Great Smoky Mountains National Park
  • Annual rental revenue: $3,700
  • Average daily rental rate: $215

22. Charleston, South Carolina

  • Attraction(s): Fort Sumter and Fort Moultrie National Historical Park and Aiken-Rhett House Museum
  • Annual rental revenue: $3,365
  • Average daily rental rate: $236

21. Sanibel Island, Florida

  • Attraction(s): Sanibel Stoop, Wildlife Drive and beaches
  • Annual rental revenue: $3,740
  • Average daily rental rate: $250

20. San Francisco

  • Attraction(s): Golden Gate Bridge, Alcatraz Island and iconic cable cars
  • Annual rental revenue: $3,958
  • Average daily rental rate: $238

19. Boston

  • Attraction(s): Fenway Park, Boston Common and Bunker Hill Monument
  • Annual rental revenue: $4,204
  • Average daily rental rate: $240

18. Bryce, Utah

  • Attraction(s): Bryce Canyon National Park
  • Annual rental revenue: $4,458
  • Average daily rental rate: $227

17. Bar Harbor, Maine

  • Attraction(s): Acadia National Park and Bar Harbor’s Main Street
  • Annual rental revenue: $4,450
  • Average daily rental rate: $248

16. West Yellowstone, Montana

  • Attraction(s): Yellowstone National Park
  • Annual rental revenue: $3,981
  • Average daily rental rate: $289

15. Steamboat Springs, Colorado

  • Attraction(s): Popular outdoor activities, such as hiking, horseback riding, rafting and biking; summer festivals, including the Hot Air Balloon Rodeo and Art in the Park; Strawberry Park Hot Springs; and Old Town Hot Springs
  • Annual rental revenue: $3,315
  • Average daily rental rate: $339

14. Anaheim, California

  • Attraction(s): Disneyland Park
  • Annual rental revenue: $4,710
  • Average daily rental rate: $263

13. Rodanthe, North Carolina

  • Attraction(s): The Outer Banks (family-friendly beaches, barrier islands and historic shipwrecks to explore)
  • Annual rental revenue: $4,331
  • Average daily rental rate: $287

12. Destin, Florida

  • Attraction(s): Henderson Beach State Park
  • Annual rental revenue: $4,437
  • Average daily rental rate: $282

11. South Lake Tahoe, California

  • Attraction(s): Lake Tahoe
  • Annual rental revenue: $3,856
  • Average daily rental rate: $349

10. Springdale, Utah

  • Attraction(s): Zion National Park
  • Annual rental revenue: $4,950
  • Average daily rental rate: $322

9. Newport, Rhode Island

  • Attraction(s): Colonial homes, Thames Street, Fort Adams and sprawling beaches
  • Annual rental revenue: $4,334
  • Average daily rental rate: $369

8. Key West, Florida

  • Attraction(s): Florida Keys, celebrated beaches and ample fishing
  • Annual rental revenue: $5,276
  • Average daily rental rate: $321

7. Jackson, Wyoming

  • Attraction(s): Jackson Hole, Snow King Mountain and Grand Teton National Park
  • Annual rental revenue: $5,086
  • Average daily rental rate: $428

6. West Glacier, Montana

  • Attraction(s): Glacier National Park
  • Annual rental revenue: $6,301
  • Average daily rental rate: $359

5. Yosemite, California

  • Attraction(s): Yosemite National Park
  • Annual rental revenue: $6,275
  • Average daily rental rate: $427

4. Sonoma, California

  • Attraction(s): 400 wineries (some of which offer free tastings), farm-to-table eateries, specialty food stores and bustling farmers markets, plus breweries, distilleries and cider houses
  • Annual rental revenue: $5,817
  • Average daily rental rate: $456

3. Telluride, Colorado

  • Attraction(s): Skiing and film festival
  • Annual rental revenue: $5,600
  • Average daily rental rate: $514

2. Aspen, Colorado

  • Attraction(s): Skiing
  • Annual rental revenue: $6,300
  • Average daily rental rate: $625

1. Big Sur, California

  • Attraction(s): Home of the famous U.S. Highway 1 and the longest scenic stretch of undeveloped coastline in the contiguous United States
  • Annual rental revenue: $12,650
  • Average daily rental rate: $756

More From GOBankingRates

Methodology: GOBankingRates determined the best touristy towns to own rental property by using U.S. News & World Report’s Best USA Vacation Rankings to generate a list of 50 cities, towns and destinations, which were then analyzed in terms of annual rental revenue and average daily rental rate, sourced from AirDNA. These two factors were scored and added together, and then all 50 places were ranked. All data used to conduct this study was compiled and verified on Sept. 19, 2019.

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