North America Short-Term Rental Market Size & Outlook, 2026-2034
Last Updated : 31 July, 2026 |
Study Period : 2022-2034 |
Format : PDF, Excel |
Author : Anna Morgan
North America Short-Term Rental Market Insights
- According to Deep Market Insights analysis, the North America Short-Term Rental Market size stood at USD 54.91 Million in 2025 and is forecasted to reach USD 130.89 Million by 2034.
- The market is projected to grow at a CAGR of 10.21% between 2026 and 2034.
- By segment, Entire Home was the leading Accommodation Type in terms of market size in 2025.
- Shared Room is expected to be the most lucrative Accommodation Type segment, exhibiting the fastest growth throughout the forecast period.
Source: DMI Analysis Company Publications, Primary Interviews.
Other Key Findings
- North America held 39.36% share of the global Short-Term Rental Market size in 2025.
- United States is expected to remain the largest contributor to the global market size by 2034.
- By 2034, United States is anticipated to record the highest growth in North America, with the market size expected to reach USD 93.08 Million.
North America Short Term Rental Market Dynamics
- North America's short term rental market is driven by increasing domestic and international tourism, rising demand for flexible accommodation options, expanding adoption of digital booking platforms, growth in remote work travel, and increasing consumer preference for personalized lodging experiences. Travelers increasingly choose short term rentals such as vacation homes, apartments, cabins, villas, luxury properties, and serviced accommodations for leisure trips, business travel, family vacations, and extended stays.
- Short term rental platforms, property owners, hospitality companies, real estate operators, property management firms, and online travel marketplaces strengthen market accessibility through advanced digital ecosystems. Companies increasingly enhance guest experiences through mobile applications, automated check-ins, smart home technologies, digital payments, personalized recommendations, and premium hospitality services.
- Market participants invest in artificial intelligence-based pricing optimization, property management software, smart locks, automated communication systems, sustainable accommodation practices, and data-driven marketing solutions to strengthen competitive differentiation. Innovation increasingly focuses on professionally managed rentals, luxury stays, work-from-anywhere accommodations, eco-friendly properties, and unique travel experiences.
- Companies collaborate with tourism organizations, real estate developers, technology providers, local communities, and hospitality operators to strengthen market expansion. Continued investment in travel technology, property management solutions, digital accommodation platforms, and flexible lodging models reinforces competitiveness across North America's short term rental industry.
Key Market Insights
- Tourism growth strengthens demand.
- Digital booking expands adoption.
- Smart property solutions improve efficiency.
- Flexible stays support growth.
North America Short-Term Rental Market Country 2026-2034 (USD Million)
| North America | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Canada | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
North America Short-Term Rental Market Accommodation Type 2026-2034 (USD Million)
| Accommodation Type | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Entire Home | XX.x | XX.x | XX.x | 27.03 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Private Room | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Shared Room | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | 54.91 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
North America Short-Term Rental Market Booking Channel 2026-2034 (USD Million)
| Booking Channel | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Online Platform | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Direct | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
Inside This Report
This section examines North America's short term rental market through tourism transformation, digital hospitality, consumer behavior, and competitive developments.
- Regional market landscape: Reviews North America's short term rental ecosystem.
- Consumer and travel trends: Explores vacation travel, business stays, remote work travel, and digital booking behavior.
- Service innovation and applications: Covers vacation homes, apartments, cabins, villas, luxury rentals, serviced residences, and smart accommodations.
- Competitive and industry developments: Highlights partnerships, technology adoption, property expansion, and hospitality innovation.
Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2025 |
| Study Period | 2022-2034 |
| Historical Period | 2022-2024 |
| Forecast Period | 2026-2034 |
| Market Size In 2025 | USD 54.91 Million |
| Market Size In 2034 | USD 130.89 Million |
| Largest segment | Entire Home |
| Units | Revenue in USD Million |
| CAGR | 10.21% (2026-2034) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |