What Are the Best Ways for Hyderabad Homeowners to Earn from Short-Term Tourist Rentals?

22 November 2025 Uncategorized
What Are the Best Ways for Hyderabad Homeowners to Earn from Short-Term Tourist Rentals?

Hyderabad is a city that welcomes thousands of visitors every single day. People travel here for many reasons, some come for jobs and business meetings, some arrive for medical treatment, some students visit for exams and interviews, and many tourists travel to see famous places like Charminar, Golconda Fort, Ramoji Film City, Birla Mandir, and Hussain Sagar.

With this huge number of visitors, staying in hotels can be very expensive for many people. Because of this, short-term home rentals have become a popular and growing trend in Hyderabad.

If you own a home, an extra room, or unused space, you can convert it into a simple and very good source of income. Many homeowners in Hyderabad are already earning every month by renting rooms for 1 day, 1 week, or 1 month to tourists and traveling professionals.

Let’s understand how you can do it, and what are the best ways to make money easily from your home in Hyderabad.

Why Short-Term Tourist Rentals are Growing in Hyderabad

Short-term rentals are becoming a trend because:

  • They are cheaper than hotels
  • They provide a homely feel
  • Travelers prefer privacy and kitchen access
  • Digital booking apps made renting simple
  • People only need to pay for the exact number of days they stay

More tourists are now choosing homestays instead of hotels.

What Kind of Spaces Can Be Rented for Short-Term Stay?

You don’t need a full house. Even small spaces can earn money.

Here are examples :

Type of Space

Who Will Rent It

Earning Potential (approx)

Single furnished room

Students, office employees

₹600 – ₹1500 per day

1BHK or 2BHK flat

Families, tourists, business travelers

₹1500 – ₹3500 per day

Portion of independent house

Medical tourists, NRIs

₹800 – ₹2000 per day

Bedroom with attached bathroom

Couples or short-term visitors

₹1000 – ₹2500 per day

Entire villa

Marriage groups, functions

₹6000 – ₹15000 per day

PG-style shared room

Students, exam candidates

₹300 – ₹700 per day

Even if your space is small, it can still become a helpful income source.

Best Areas in Hyderabad for Short-Term Tourist Rentals

If your property is near popular areas, income can grow faster.

High-demand areas include:

  • Madhapur
  • Hitec City
  • Gachibowli
  • Kondapur
  • Ameerpet
  • Secunderabad
  • Banjara Hills
  • Jubilee Hills
  • Punjagutta
  • Begumpet
  • LB Nagar
  • Tarnaka
  • Uppal

Locations near metro stations, hospitals, IT parks, colleges, and tourist spots attract more bookings.

How to Prepare Your Space for Renting

Keep your space simple, clean, and comfortable. No need for luxury.

Basic things to provide

  • Bed & pillow
  • Clean bedsheet
  • Charging points
  • Fan / AC (if possible)
  • Clean bathroom
  • Wi-Fi connection (optional but helpful)
  • Drinking water
  • Simple table & chair

Small things that impress guests

  • Mirror
  • Dustbin
  • Small cupboard or shelf
  • Clean towel & soap

These small things make guests feel cared for and they give good reviews.

Where Can You List Your Space to Get Guests?

To get bookings, list your space on popular platforms such as:

  • Airbnb
  • Booking.com
  • OYO Rooms Homes
  • MakeMyTrip homestays
  • Agoda

And now a fast-growing platform in India

PeerVault

PeerVault is a simple and easy platform where homeowners in cities like Hyderabad can list their unused rooms or home spaces for short-term rental.It connects property owners with travelers, students, and workers who need temporary accommodation.

Why PeerVault is useful

  • No need for expensive marketing
  • Instant visibility to thousands of users
  • Easy onboarding process
  • Option to set your own price
  • Secured ID verification system
  • Good support team

So if you are thinking about short-term rental income, PeerVault is one of the easiest platforms to start with.

How Much Can You Earn in a Month?

Your earning depends on:

  • Location
  • Facilities
  • Size of space
  • Season and travel demand

Example Monthly Earning Calculation

Room Type

Daily Rate

Days Rented Per Month

Monthly Income Approx

Single room

₹800

20 days

₹16,000

1BHK flat

₹2000

18 days

₹36,000

2BHK flat

₹3000

20 days

₹60,000

Entire villa

₹9000

10 days

₹90,000

Even a small extra room can help earn between ₹12,000 – ₹25,000 per month easily.

Tips to Attract More Guests

  • Keep space clean daily
  • Upload clear photos in good lighting
  • Respond fast to booking inquiries
  • Keep reasonable pricing
  • Provide safety and comfort
  • Collect reviews from guests

People choose places with good photos and positive reviews.

Safety Tips for Homeowners

  • Always check ID proof
  • Use online payments avoid cash
  • Don’t store expensive items in the rental room
  • Have CCTV at the entrance
  • Have clear rules (no smoking / no loud sound after 10 PM etc.)

Safety builds trust and more bookings.

Frequently Asked Questions (FAQs)

1. Do I need a big house to start short-term rental business?

No. Even a single clean room is enough to start earning.

2. Is it legal to rent rooms to short-term guests in Hyderabad?

Yes, it is legal. Just verify ID details of guests and maintain a guest entry register.

3. How do I find tourists or travelers?

You can list your property on PeerVault, Airbnb, OYO, Booking.com and get bookings online.

4. How much money can I earn?

Depending on your location and room type, income can range from ₹12,000 to ₹1 lakh per month.

5. Do I need to provide food?

No, food is optional. Guests mainly need a clean place to sleep.

6. Can I list my home even if I live in it?

Yes, you can rent only one room while staying in the same house.

7. How fast can I start earning?

If your listing is attractive and priced fairly, you can start getting bookings within a few days.

8. Do I need to spend a lot on setup?

No. Basic furniture and cleanliness are enough. You can improve later after earnings grow.

9. What is the best platform for beginners?

PeerVault is simple for beginners, and other platforms like Airbnb can also help.

10. How do I make guests feel comfortable?

Be polite, guide them honestly, and keep the space clean and fresh.

Final Thoughts

Short-term tourist rentals are one of the easiest ways for homeowners in Hyderabad to make extra income without any big investment. If you have an empty room or unused space, instead of leaving it idle, turn it into a steady monthly earning source. Many ordinary families are already doing this and building financial stability.

And the best part is you don’t have to struggle for guests.

Just list your space on PeerVault and similar platforms, set your price, upload clear photos, and start earning.

Your unused room can become a valuable income opportunity starting today.