Five-minute readMichael L. Diamond,Jean MikleAsbury Park PressThe Jersey Shore's summer rental market is ahead of last year's pace, but visitors faced with expensive housing options are opting for shorter stays, according to data compiled by the research group AirDNA for the Asbury Park Press.The report is a sign that the upcoming summer tourism season should be strong, even though many owners offering longer-term, weekly rentals still have vacancies."We're OK, it's just not on fire," said Mike Loundy, Seaside Heights community development director and owner of Seaside Realty, noting weekly rents for larger homes are $5,500 to $7,500, depending on size and location.Visitors often book their vacation plans in the winter and spring, making the seasonal rental market a good indicator for the upcoming tourism season. There is lots at stake: In 2022, visitors spent $8.2 billion in Monmouth and Ocean counties, according to Tourism Economics, a research firm.End of the season: Jersey Shore wi...
