Lake House Rentals: Where to Look for the Best Rental Properties | Family Vacation Critic (2024)

Table of Contents
1. Finger Lakes, NY 2. Smith Mountain Lake, VA 3. Deep Creek Lake, MD 4. Lake Erie, OH 5. Lake Michigan, MI 6. Lake of the Ozarks, MO 7. Big Bear Lake, CA 8. Lake Minocqua, WI 9. Lake Champlain, VT 10. Lake Winnipesaukee, NH What to Pack on Your Lake Vacation Women’s/Mom’s Fall Outfit for a Lake Town Hana Continental Wallet Cool Girl Rib Knit Sweater Marguerite Two Heart Earrings Authentic Stretch Mid-Rise Skinny Troopa2.0 Combat Boot Men’s/Dad’s Fall Outfit for a Lake Town Down Parka Reversible Belt Crew Neck Sweater Performance Chino Lace-Up Boot Girl’s Outfit for Hanging Out by the Beach in the Fall Cuffed Ribbed Sweater Stretch Denim Skinny Fit Pants Stripe Button Front Cardigan Glitter Heart Bag Classic Lace High Shoes Boy’s Outfit for Hanging Out by the Beach in the Fall Long Sleeve Button Up Shirt Brixton Twill Pants Snapback Hat Radot Graphic T-Shirt Sneakers Women’s/Mom’s Casual Fun Outfit for the Fall Sleeve Wool Sweater Buckle Peg Trousers Perfume The Boss Bag Afiliclya Backless Flat Men’s/Dad’s Casual Fun Outfit for the Fall Wool Crewneck Sweater Performance Chinos Wristwatch Jacket Chukka Boots Girl’s Casual Fun Outfit for the Fall Cosy Sweatshirt Dress Velvey Jane Flats 17 Inch Rolling Backpack Cosy Borg Coat Rainbow Fleack Sweater Tights Boy’s Casual Outfit for Back to School in the Fall/Autumn ReNew Backpack 6" Premium Waterproof Boot Core Beanie Chest Stripe Half Zip Sweater Boys' Destructed Straight Fit Denim Related Articles FAQs References


Want to ditch the ocean and enjoy the freedom and amenities of a vacation rental instead of a hotel? It’s time to consider a lake vacation for your next trip. No matter your budget or family’s size, there’s a lake cabin or house by the water, waiting for you and the kids. These are our picks for the best destinations for lake house rentals.

Lake House Rentals: Where to Look for the Best Rental Properties | Family Vacation Critic (1)

1. Finger Lakes, NY

The 11 lakes in New York offer excellent family lake vacation rental opportunities in several different towns. Smaller one- and two-bedroom family cottages are in abundance at the Finger Lakes, but larger houses with four-plus bedrooms can be found as well. Many of the family lake house rentals feature a lake view and fireplace, and a pool can be found at some, too. A Finger Lakes family vacation offers the opportunity to bike; hike; cruise on the water in a boat or kayak; tour a museum, state park or zoo; or play at an amusem*nt or water park. Of course, mom and dad will love the wineries, too.

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2. Smith Mountain Lake, VA

This Virginia lake features 500 miles of shoreline and lots of water sport activities like boating, tubing, wake boarding, parasailing and fishing. The cost of Smith Mountain Lake vacation rentals varies based on the size of the rental with larger, four-plus bedrooms on the higher end and two- or three-bedroom condos or lake cabins on the lower end of the price range. But if the kids aren’t in school, renting mid-season (May or September) offers family lake vacation renters lower rates with plenty of warm weather still in the forecast.

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3. Deep Creek Lake, MD

Deep Creek Lake rentals range from one to 10-bedroom cabins, houses, cottages, villas or condos. Many (if not all) of the family lake vacation rentals offer lakefront views, along with a pool, hot tub and fireplace. Families can enjoy boating, kayaking, fishing, golfing, hiking, biking and go-cart racing at Deep Creek Lake. And if you visit in late July or early August, the Annual Garrett County Agriculture Fair will be in town and the kids can check out the amusem*nt rides and livestock exhibits.

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4. Lake Erie, OH

VisitLake Erienear Sandusky, Ohio, for a chance to enjoy its 100 miles of beautiful sandy beaches, and thrills at its many water parks and the Roller Coaster Capital of the World, Cedar Point. Families can decide to vacation closer to the roller coaster action or Lake Erie views in Port Clinton. Waterfront condos, cottages and houses are available as Lake Erie vacation rentals, many of which feature a pool, hot tub and fireplace. One-, two- and three-bedroom family lake vacation rentals are mostly available, but four-plus bedroom properties can be found as well.

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5. Lake Michigan, MI

Visit Lake Michigan in Traverse City for a family lake vacation. The lake’s clear-blue waters will make families feel as if they are in the tropics rather than Traverse City! Kids will love playing at the beach, sailing, kayaking, biking and hiking. Visit in July and enjoy the weeklong National Cherry Festival, as the area is widely known for its sweet and tart cherries. Family Lake Michigan rentals with one, two or three bedrooms can be found in Traverse City, and many feature a pool, hot tub and/or fireplace. Lakefront vacation rentals or lake views are widely available, too.

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6. Lake of the Ozarks, MO

With more than 60,000 acres of water on the man-made Lake of the Ozarks and 1,150 miles of shoreline, any water sport that interests you on a family lake vacation can be done here. Family Lake of the Ozarks rentals are mostly condos and single-family houses and many of the lake vacation rentals for families feature a pool. Lakefront houses or luxury condos with one to seven bedrooms can suit any family”s vacation rental needs.

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7. Big Bear Lake, CA

The man-made Big Bear Lake offers 22 miles of shoreline where families can swim, fish, hike, bike, or rent a boat or jet ski. Family vacation rentals at Big Bear Lake range from affordable to luxurious. Houses and lake cabins are mostly available vacation rentals and while they come in all shapes and sizes, there are several five- to nine-bedroom lake rentals for families. More hot tubs and fireplaces are featured in the Big Bear vacation rentals rather than pools, but families can choose between lake or mountain views.

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8. Lake Minocqua, WI

Families who visit Minocqua will love the downtown area with its shops and eateries, along with the sandy beaches of Lake Minocqua, which offer plenty of water sports. Lake view and lakefront family vacation rentals with one-, two-, three- and more bedrooms are available. The rental properties offered are mostly cabins or houses and a family vacation rental with a pool may be hard to find. But who needs a pool when there’s a giant lake only steps away?

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9. Lake Champlain, VT

Sometimes called the “Sixth Great Lake,” Lake Champlain offers plenty of outdoor family activities, from fishing to biking. No matter how many people are in your family, a family lake house rental is easy to find here. Lake cabin rentals, cottages and houses are available at Lake Champlain, with anywhere from one to seven bedrooms. A pool is featured at some of the properties, but many of the properties available are lakefront vacation rentals or those just a few blocks or steps to the beach. When searching for rentals, look at properties in Grand Isle, North Hero and South Hero.

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10. Lake Winnipesaukee, NH

The family lake vacation rentals on Lake Winnipesaukee, also known as Lake Winni, offer a wide variety on size, price and type of lake vacation rental. Lake cabins, bungalows, cottages, a farmhouse, townhouse or single-family house and even a castle (think modern-day castle, not royal castle) are available for rent. Many properties are lakefront and offer a pool, fireplace and magnificent views. On a Lake Winni family vacation, everyone can enjoy boating, playing in the sand or visiting an amusem*nt park. Look for homes in Laconia and Meredith.

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What to Pack on Your Lake Vacation

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Lake House Rentals: Where to Look for the Best Rental Properties | Family Vacation Critic (2024)

FAQs

Which is safer, Airbnb or Vrbo? ›

Although both VRBO and Airbnb take precautions to guarantee the protection of their visitors, Airbnb poses more potential dangers for guests simply because it allows visitors to remain in shared spaces.

How do I find the perfect vacation rental? ›

9 Tips for Finding a Reliable Vacation Rental
  1. Knowing what you want. ...
  2. Timing your purchase. ...
  3. Finding out what you're renting. ...
  4. Finding out who you're renting from. ...
  5. Determining if the rental is part of an association or destination. ...
  6. Becoming a power user. ...
  7. Avoiding group-think. ...
  8. Reviewing the contract very carefully.

How do you know if a vacation rental is a good investment? ›

How to Evaluate Vacation Rental Property Like a Pro
  1. Key Takeaways. ...
  2. Determine buying power. ...
  3. Analyze the market. ...
  4. Review local laws and regulations. ...
  5. Estimate expenses. ...
  6. Use ROI, CoC, and cap rate tools. ...
  7. Consider rental demand. ...
  8. Consult with property investment experts.

How safe is renting from Vrbo? ›

Vrbo is generally considered safe, but that doesn't mean risks are off the table. Safety issues can happen at any form of lodging. But since Vrbo doesn't scout out individual properties, some additional risks might not be as common at a standard hotel.

What are the downsides of Vrbo? ›

There are often hidden fees you'll have to pay to the listing service, in addition to the rental fee to the host. You'll also usually be required to provide a deposit that the host will have access to in the event you damage the rental unit, and there might be separate cleaning fees.

Which vacation rental site is the best? ›

  • Airbnb. Best rental site for variety. ...
  • Vrbo. Best rental site for group travelers. ...
  • FlipKey. Best rental site for destination guidance. ...
  • Booking.com. Best rental site for hotel loyalists. ...
  • Agoda. Best rental site for travel throughout Asia. ...
  • Plum Guide. Best rental site for quality assurance. ...
  • HomeToGo. ...
  • Casamundo.
May 29, 2024

What is a good return on vacation rental property? ›

Determining a good ROI for rental property can vary depending on several factors. For instance, you must consider the location, property type, local market conditions, and investment goals. Generally, a good ROI for rental property is considered to be around 8 to 12% or higher.

What is a good profit margin for vacation rental property? ›

A 10-20% return on investment from your vacation rental property is considered a good profit margin. Here's how you can calculate the ROI for your property: Calculate the annual rental income by multiplying the average monthly income by 12 or the weekly income by 52.

How do I choose a VRBO? ›

10 Tips To Select the Perfect VRBO Property
  1. Know your general itinerary first. ...
  2. Enter the actual dates you plan to stay. ...
  3. Use the “Search When I Move Map” option. ...
  4. Look closely at the photos. ...
  5. Read the reviews. ...
  6. Realize many properties are not listed by the actual owner. ...
  7. Count on additional fees.
Jan 17, 2018

How do you know if it's a good rental property? ›

11 top features of a profitable rental property
  1. The size, condition, and age of the property. ...
  2. Cash flow and growth potential. ...
  3. The rental market. ...
  4. The neighborhood. ...
  5. Proximity to schools. ...
  6. Local amenities. ...
  7. Local economy. ...
  8. The job market.
Sep 28, 2022

Is it better to buy a vacation home or an investment property? ›

Buying a second home can be significantly easier and less costly to finance than buying an investment property. Investment properties can offer you tax deductions by claiming operating expenses and ownership.

Do vacation rental properties make money? ›

While any investment comes with a certain amount of risk, owning a vacation rental property can be both rewarding and profitable. Before investing in a vacation rental business, it's important to consider the pros and cons of entering the industry, and whether you are willing to put in the required work.

Why do people use Vrbo instead of Airbnb? ›

Vrbo's map looks a bit outdated by comparison. However, aesthetics aside, Vrbo offers far better filter and sort functionality than Airbnb. For example, Vrbo lets you filter by user reviews, including properties rated highly for cleanliness and properties rated 4 stars and above. Vrbo's filters are also more intuitive.

Do you have to clean a Vrbo? ›

If you want happy guests and 5-star reviews on Vrbo and other rental listing websites, you should keep your vacation rental clean to the highest standards. You need to clean your property between guests' stays thoroughly, which requires good organization and structure.

Does Vrbo take down bad reviews? ›

To successfully get a review removed, the host must show that the review does not meet Vrbo's content guidelines. Once a published review is deleted, a new review cannot be submitted. Before you decide to try and get a review removed however, consider if it is worth the trouble.

Can you trust an Airbnb? ›

Airbnb verifies users (both hosts and guests) through several factors, including government IDs, email addresses, and phone numbers. Always check the host's profile to make sure they've uploaded these things—you can find it on the left side of their profile page.

Does Airbnb have safe? ›

Airbnb encourages travelers to do a safety check of the home when they arrive to make sure the safety equipment works and to find things like fire extinguishers and first aid kits. And while some properties do offer them, not all Airbnbs include features that might keep you and your stuff safe, like, well, a safe.

Is Vrbo safe for hosts? ›

Our $1M Liability Insurance provides owners with $1,000,000 in liability protection for all stays processed online through Vrbo checkout at no additional cost to you. If you don't already have a liability policy, this policy is your first defense if a guest makes a claim against you.

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