Is it profitable to do Airbnb in Chanhassen, United States?

What is the occupancy rate of Airbnb in Chanhassen, United States?

What is the average daily rate of Airbnb in Chanhassen, United States?

United States

Chanhassen, Airbnb Market Statistics & Data, United States

A typical short-term rental listing in Chanhassen is booked for 234 nights a year, with a median occupancy rate of 64% and an average daily rate of $217. In 2023, a typical host income (annual revenue) was $42K. As of 12th September, 2024, there are 25 active Airbnb listings.

Average Revenue: $42K/yr
Occupancy Rate
64%
Avg Daily Rate
$217
Upscale
No. of Listings
46
Small
Regulation
Lenient
Best Month
July
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
$2,058
Average
$3,596
High
$5,063



Is Airbnb Profitable in Chanhassen?

Yes, there is good short-term rental demand. A 64% 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 Chanhassen

Short-term rental regulation is lenient in Chanhassen. 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 Chanhassen
A typical listing recorded a 64% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution.
You can find the distribution graph of daily rate and revenue in our market dashboard.
Occupancy Rate: 64%
25 Active Listings
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Explore Chanhassen's Airbnb Data ⟶
market map image
Best Areas in Chanhassen for Airbnb
Are you wondering where to invest in Chanhassen? Look no further!
  1. Chanhassen Dinner Theatres
  2. Minnesota Landscape Arboretum
  3. Paisley Park
  4. Lake Minnewashta Regional Park
  5. Valleyfair
  6. Old Log Theatre
  7. The Bakken Museum
  8. Hyland Lake Park Reserve
  9. Minnehaha Park
  10. Minnesota Zoo
Top demand Airbnb in Chanhassen
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 25 listings.
listing_image
Entire home & Studio Bed
⭐5.0 (214)
Carriage House by Peaceful Hay field
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$70
Daily Rate
View Listing
listing_image
Entire home & 5 Bed
⭐5.0 (133)
SPACIOUS☆MINNEAPOLIS SUBURBS☆TWIN CITIES☆BY LAKES
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$395
Daily Rate
View Listing
listing_image
Entire home & 2 Bed
⭐5.0 (12)
Guest Suite in Chanhassen
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$115
Daily Rate
View Listing
listing_image
Entire home & 6+ Bed
⭐5.0 (1)
Private Grand Lodge with pool, lake & pickleball
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$1,513
Daily Rate
View Listing
listing_image
Private room & 1 Bed
⭐4.8 (99)
Relaxing 1 bedroom suite with Pool and Hot tub.
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$78
Daily Rate
View Listing
listing_image
Entire home & 2 Bed
⭐4.8 (115)
Summer Retreat
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$85
Daily Rate
View Listing
See 25 listing Statistics
Other short-term rental market data in Chanhassen
Here is a breakdown of short-let properties in Chanhassen. 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
Accurate and Actionable Data At Your Fingertips!

See 25 listing Statistics