Is it profitable to do Airbnb in Biddeford, United States?
What is the occupancy rate of Airbnb in Biddeford, United States?
What is the average daily rate of Airbnb in Biddeford, United States?
The United States / Biddeford
Biddeford, Airbnb Market Statistics & Data, United States
A typical short-term rental listing in Biddeford is booked for 248 nights a year, with a median occupancy rate of 68% and an average daily rate of $216. In 2023, a typical host income (annual revenue) was $47K. As of 12th September, 2024, there are 86 active Airbnb listings.
Average Revenue: $47K/yr
Occupancy Rate
68%
Avg Daily Rate
$216
Upscale
No. of Listings
127
Small
YoY Revenue Change
-0.73%
Best Month
July
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
$2,257
Average
$3,712
High
$5,795
Is Airbnb Profitable in Biddeford?
Yes, there is good short-term rental demand. A 68% median occupancy rate is considered a good market for Airbnb. The graph below shows the average monthly host income by month.
Tip! investing in a short-term rental can be highly stable and profitable. It’s stable because housing has been one of the most stable asset classes. Also, when you can’t do an Airbnb anymore, you can still rent it out to a long-term tenant with a lower yield. It is highly profitable because the monthly cash flow from short-term rental investment typically is double the amount of traditional rentals.
Starting an Airbnb in Biddeford
Short-term rental regulation is lenient in Biddeford. Very few Airbnb listing currently have put their license number on their Airbnb listing. This likely means the local government is not strictly enforcing the short-term rental-related regulations.
Average Airbnb Occupancy Rate in Biddeford
A typical listing recorded a 68% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 8.08% of the guests are international guests, and visitors from United states is the largest group. Learn more about guest origin!.
You can find the distribution graph of daily rate and revenue in our market dashboard.
You can find the distribution graph of daily rate and revenue in our market dashboard.
Occupancy Rate: 68%
86 Active Listings
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Explore Biddeford's Airbnb Data ⟶
Best Areas in Biddeford for Airbnb
Are you wondering where to invest in Biddeford? Look no further!
- Biddeford Pool
- Fortunes Rocks Beach
- Hills Beach
- Kennebunkport
- Old Orchard Beach
- Portland
- Ogunquit
- York
- Wells Beach
- Kennebunk
Top demand Airbnb in Biddeford
Airbtics has been tracking all Airbnb listings since 2019. This allows us to understand interesting metrics, like which properties earn the most in the market. Here are our top picks. Go to the app to find detailed information about 86 listings.
See 86 listing Statistics
Professional Short-term rental property managers in Biddeford
We've compiled a list of host profiles that manage the most Airbnb properties in Biddeford. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Biddeford
Here is a breakdown of short-let properties in Biddeford. You might wonder about more specific data before buying an Airbnb property. For example, how much can an average listing with 4 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month? Click the below button and check out more in-depth vacation rental data for free.
Property Size
Amenities
Property Type
Cancelation Policy Type
By Channel Type