Is it profitable to do Airbnb in Charlottesville, United States?
What is the occupancy rate of Airbnb in Charlottesville, United States?
What is the average daily rate of Airbnb in Charlottesville, United States?
The United States / Charlottesville
Charlottesville, Airbnb Market Statistics & Data, United States
A typical short-term rental listing in Charlottesville is booked for 230 nights a year, with a median occupancy rate of 63% and an average daily rate of $176. In 2023, a typical host income (annual revenue) was $39K. As of 12th September, 2024, there are 495 active Airbnb listings.
Average Revenue: $39K/yr
Occupancy Rate
63%
Avg Daily Rate
$176
Mid Scale
No. of Listings
747
Small
YoY Revenue Change
-4.36%
Best Month
May
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
$2,288
Average
$3,250
High
$3,693
Is Airbnb Profitable in Charlottesville?
Yes, there is good short-term rental demand. A 63% 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 Charlottesville
Short-term rental regulation is lenient in Charlottesville. 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 Charlottesville
A typical listing recorded a 63% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 2.64% 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: 63%
495 Active Listings
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Explore Charlottesville's Airbnb Data ⟶
Best Areas in Charlottesville for Airbnb
Are you wondering where to invest in Charlottesville? Look no further!
- Downtown Mall
- University of Virginia
- Monticello
- Carter Mountain Orchard
- Ash Lawn-Highland
- John Paul Jones Arena
- James Monroe's Highland
- Michie Tavern
- Carter Mountain Wine Shop
- Virginia Discovery Museum
Top demand Airbnb in Charlottesville
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 495 listings.
See 495 listing Statistics
Professional Short-term rental property managers in Charlottesville
We've compiled a list of host profiles that manage the most Airbnb properties in Charlottesville. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Charlottesville
Here is a breakdown of short-let properties in Charlottesville. 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