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Annual Airbnb Revenue in Carnegie pennsylvania, USA

Last updated on May 9th, 2024

Carnegie, Pennsylvania| Airbnb Market Data & Overview | USA

Carnegie, Pennsylvania
Airbnb Market Data & Overview
USA

Is it profitable to do Airbnb in Carnegie, Pennsylvania, USA?

What is the occupancy rate of Airbnb in Carnegie, Pennsylvania, USA?

What is the average daily rate of Airbnb in Carnegie, Pennsylvania, USA?

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Carnegie, Pennsylvania, USA Airbnb Data

Last updated on: 5th May, 2024

USA / Carnegie, Pennsylvania
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 rentals typically is double the amount of traditional rentals.
The true profit from home investing comes from capital appreciation and cash flow from your rental. Between 1850 and 2015, globally, the average home value appreciated at 5.5% annually. If your short-term rental yields 3% of your total initial investment, your investment’s annual return is 8.5% before taxes are considered.
Without further ado, let’s see if Carnegie, Pennsylvania is good for Airbnb.
Occupancy Rate

69%

$105

Daily Rate

$27K+

Revenue (2023)

13.1%

Net Yield

18

Number of Listings

Is Airbnb Profitable in Carnegie, Pennsylvania ?

Yes, it’s profitable to Airbnb because the average net rental yield for a one-bedroom property is 13.1%.
The national median net short-term rental yield is 5.4% in the USA. For more context, a traditional rental can typically yield 2-4% if you don’t have to pay a mortgage interest. A typical 1 bedroom listing in Carnegie, Pennsylvania is booked for 266 nights a year, with a median occupancy rate of 73% and an average daily rate of $108. In Carnegie, Pennsylvania, A typical host income (annual revenue) was $25,404 in 2023.

Best Areas in Carnegie for Airbnb

Are you wondering where to invest in Carnegie? Look no further! Here are 10 areas travelers often search for. You can find the short-term rental statistics of all of these neighborhoods from Airbtics! Check out which neighborhood has the highest rental demand. 🚀
  1. Phipps Conservatory and Botanical Gardens
  2. Carnegie Museum of Natural History
  3. Duquesne Incline
  4. The Andy Warhol Museum
  5. Heinz Field
  6. Point State Park
  7. Randyland
  8. Strip District
  9. Carnegie Science Center
  10. PNC Park
Okay, you might wonder about more specific data. For example, how much can an average listing with 2 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month?
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Explore Carnegie, Pennsylvania‘s Airbnb Data
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