Market Leaders
Bardstown
4
& Above
3
& Above
2
& Above
4
& Above
3
& Above
2
& Above
4
& Above
3
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2
& Above
4
& Above
3
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2
& Above
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Bardstown, Kentucky is a popular tourist destination, known for its bourbon distilleries, historic downtown, and proximity to Louisville. The short-term rental market in Bardstown has been growing, with an increasing number of vacation homes and condos being rented out on platforms like Airbnb and VRBO. Bardstown offers an attractive location for short-term rentals, with easy access to major highways and nearby attractions.
According to the market overview, the average nightly rate for a 2-bedroom vacation rental in Bardstown is projected to be $216 in November 2023. Vacation rental properties in Bardstown are projected to have an average occupancy rate of 76% during that same month, translating to an average monthly revenue of $4,065 for Bardstown vacation rental owners. The top-performing vacation rental managers in Bardstown have high ratings (4+ stars) on platforms like Airbnb, VRBO, and Google. (See the Market Overview section for more details on Bardstown's vacation rental performance.)
The Bardstown vacation rental market appears to be moderately competitive, with 116 active rental properties in the area. The majority (111) of these are entire-home rentals, while a smaller number (5) are shared rooms. This suggests that there is demand for both entire homes and shared spaces in the Bardstown market. Vacation rental managers will need to differentiate their offerings and provide excellent service to stand out in this competitive landscape.
Based on the information provided, some of the top vacation rental managers in Bardstown include Cedar Creek Realty, which has high ratings across multiple platforms. Other property management companies and individual hosts may also be active in the Bardstown market, but were not specifically mentioned in the context provided. Vacation rental owners and managers in Bardstown will need to research the local market and competition to develop effective strategies for attracting guests and maximizing revenue.