The Online Home Rental Market is driven by the increasing popularity of homestays

The Global Online Home Rental Market is estimated to be valued at US$ 20.58 Billion in 2024 and is expected to exhibit a CAGR of 13.1% over the forecast period 2024-2031.

Online Home Rental Market Growth for unique and authentic travel experiences is fueling the demand for online home rentals. Millennials especially are preferring homestays over standard hotels as it allows them to immerse locally and get insider access. The experience of living like a local resident is appealing to many travelers.

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The Online Home Rental Market Poised to Register Rapid Growth Owing to Increasing Urbanization

The Global Online Home Rental Market is estimated to be valued at USD 23.32 Billion in 2025 and is expected to exhibit a CAGR of 13.3% over the forecast period 2025-2032.

The online home rental market enables tenants to search for rental properties and landlords to list their properties online. This makes the rental process more convenient for both tenants and landlords compared to traditional offline methods. The market covers services for short-term and long-term rentals of furnished as well as unfurnished homes globally.

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