Rental Value Expectations for Home Week Units

[REXON21]

Hello
I haven’t rented out a home week before, but I’m trying to get a realistic sense of what kind of rental income I might expect.
I know that rates vary a lot depending on dates and demand, but I’m curious about typical pricing for the following units:
Grand Waikikian 2 Bedroom Extra (23040)
Grand Islander 1 Bedroom Oceanview (20160)
Kings’ Land 2 Bedroom Extra (23040)
Looking at RedWeek and Koala, some listed rates seem really high, but I’m not sure how those compare to actual booked rentals in practice.
For those with rental experience, can you share:
What kind of nightly or weekly rates you’ve realistically seen or achieved for these units?
How much difference there is between peak vs shoulder / off-peak periods?
Any tips on setting expectations vs what’s listed on those resale platforms?
I’d really appreciate insights from experienced owners — thank you!

 

[hurnik]

I think you can check redweek and see the weeks that actually rented. As you note, there's variation in location and time of year (ie: Ocean View units rent for more in high season).
Best you can do is see what the low, average (mean or median), and highs are for the SAME UNIT (ie: don't compare garden/city view to Ocean view) and seasons and get an idea from there.

Personally if it covers your MF plus $500-700 and it's still below the HIGHEST listing, you'll have a better chance of renting quickly.
But if your MF plus $500-$700 puts *you* at the highest, not so much.

 

[Zenichiro]

Also check Hiltons website for same room type and date range. Just for estimate purposes

 

[REXON21]

I think you can check redweek and see the weeks that actually rented. As you note, there's variation in location and time of year (ie: Ocean View units rent for more in high season).
Best you can do is see what the low, average (mean or median), and highs are for the SAME UNIT (ie: don't compare garden/city view to Ocean view) and seasons and get an idea from there.

Personally if it covers your MF plus $500-700 and it's still below the HIGHEST listing, you'll have a better chance of renting quickly.
But if your MF plus $500-$700 puts *you* at the highest, not so much.

It makes sense if rentals are happening at around $500–$700 above the maintenance fees. However, I’ve also seen some listings that appear to have rented at quite a high price.
I was curious whether those were actual completed rentals, which is why I decided to post and ask.
Thank you for your reply.

 

[REXON21]

Also check Hiltons website for same room type and date range. Just for estimate purposes

Yes, in some cases the price is almost the same as the Hilton website rate, or only about $500 lower, so I was wondering whether those actually get booked.
I was also curious, overall, whether rentals tend to be relatively easy or not.
Thank you again for your response.

 

[hurnik]

It makes sense if rentals are happening at around $500–$700 above the maintenance fees. However, I’ve also seen some listings that appear to have rented at quite a high price.
I was curious whether those were actual completed rentals, which is why I decided to post and ask.
Thank you for your reply.

Assuming that the listings were actually apples to apples (same unit size, VIEW, AND time), I would imagine that some people want a QUICK rental (ie: the owner wants it rented as quickly as possible) and they aren't trying to maximize their rental ask and potentially having it posted for 6-9 months before it actually rents. In other words, price at say, MF + $700 and they want it rented say, within 3 months of posting vs. someone asking MF + $1,400 and they end up waiting 9-10 months before it rents.

If you see something renting for at or below what MF are, then something's up (either Redweek didn't "verify" very well and it's an Exchange or Club Points vs. Home Week).
IMO that is.

 

[Zenichiro]

Yes, in some cases the price is almost the same as the Hilton website rate, or only about $500 lower, so I was wondering whether those actually get booked.
I was also curious, overall, whether rentals tend to be relatively easy or not.
Thank you again for your response.

I’ve only rented a few times, and that was just through friends or family. But if I were to rent out a home week, I’d really just be trying to cover my HGV points value plus the guest certificate and booking fee (if applicable).

Honestly, the easiest way seems like listing it on TUG2 or eBay, then just sharing or pointing people to that link via Facebook or X.

I think people automatically lean towards Facebook “Timeshare or HGV” sites for advertising but forget there are dedicated pages to regions too. More than half the people on Timeshare FB sites are looking to offload there week and not looking for one to buy. Example: Barbados, Vegas, Disney, SanDiego. FB Miami page has 433k member with 90 posts a day so a lot of traffic…

 

[Reddart]

If you see something renting for at or below what MF are, then something's up (either Redweek didn't "verify" very well and it's an Exchange or Club Points vs. Home Week)

Yeah, there’s an eBay seller who seems to sell weeks of W57th ST+ for way under MF cost. Not sure what’s going on there.

 

[Zenichiro]

Yeah, there’s an eBay seller who seems to sell weeks of W57th ST+ for way under MF cost. Not sure what’s going on there.

Wouldn’t shock me if it was the hotel (w57/developer).

 

[REXON21]

Thank you all for your replies. I’m thinking about giving renting a try, and I hope it goes well.

 

[SNS02]

depends, I normally gauge off of what hilton has listed and make sure I am well below what just straight booking would cost. Then I look at redweek to see how many in the same time period/room size are listed and try to be at or right below. For instance I was able to rent my home week Sunrise Lodge MLK week for $3000 (which is MF+ $1200).

 

[GT75]

For instance I was able to rent my home week Sunrise Lodge MLK week for $3000 (which is MF+ $1200).

Which room size?

 

[SNS02]

Which room size?

Whoops forgot to include: 2 bedroom Plus