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Annual Airbnb Revenue in Casper wyoming, USA

Last updated on April 30th, 2024

Casper, Wyoming| Airbnb Market Data & Overview | USA

Casper, Wyoming
Airbnb Market Data & Overview
USA

Is it profitable to do Airbnb in Casper, Wyoming, USA?

What is the occupancy rate of Airbnb in Casper, Wyoming, USA?

What is the average daily rate of Airbnb in Casper, Wyoming, USA?

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Casper, Wyoming, USA Airbnb Data

Last updated on: 30th April, 2024

USA / Casper, Wyoming
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 Casper, Wyoming is good for Airbnb.
Occupancy Rate

69%

$137

Daily Rate

$26K+

Revenue (2023)

7.2%

Net Yield

414

Number of Listings

Is Airbnb Profitable in Casper, Wyoming ?

Maybe, it’s profitable to Airbnb because the average net rental yield for a one-bedroom property is 7.2%.
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 Casper, Wyoming is booked for 263 nights a year, with a median occupancy rate of 72% and an average daily rate of $78. In Casper, Wyoming, A typical host income (annual revenue) was $22,507 in 2023.

Best Areas in Casper for Airbnb

Are you wondering where to invest in Casper? 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. Casper Mountain
  2. Tate Geological Museum
  3. Werner Wildlife Museum
  4. Fort Caspar Museum and Historic Site
  5. National Historic Trails Interpretive Center
  6. Hogadon Basin Ski Area
  7. Alcova Reservoir
  8. Edness Kimball Wilkins State Park
  9. Platte River Trails Trust
  10. Nicolaysen Art Museum
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 Casper, Wyoming‘s Airbnb Data
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