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Cherry Creek, Colorado
Airbnb Market Statistics & Data
USA

Is it profitable to do Airbnb in Cherry Creek, Colorado, USA?

What is the occupancy rate of Airbnb in Cherry Creek, Colorado, USA?

What is the average daily rate of Airbnb in Cherry Creek, Colorado, USA?


Last updated on: 15th May, 2024



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USA / Colorado / Cherry Creek, Colorado
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 Cherry Creek, Colorado is good for Airbnb.
Best Airbnb Markets in USA ⟶
Occupancy Rate

93%

$57

Daily Rate

$89K+

Revenue (2023)

4.8%

Net Yield

3

Number of Listings
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Is Airbnb Profitable in Cherry Creek, Colorado ?

No, it's not profitable to Airbnb because the average net rental yield for a one-bedroom property is 4.8%.
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 Cherry Creek, Colorado is booked for 325 nights a year, with a median occupancy rate of 89% and an average daily rate of $82. In Cherry Creek, Colorado, A typical host income (annual revenue) was $22,028 in 2023.

Best Areas in Cherry Creek for Airbnb

Are you wondering where to invest in Cherry Creek? 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. Cherry Creek Shopping Center
  2. Denver Botanic Gardens
  3. Cherry Creek Trail
  4. Cherry Creek State Park
  5. Cherry Creek Bike Path
  6. Cherry Creek North
  7. Cherry Creek Reservoir
  8. Cherry Creek Arts Festival
  9. The Cherry Cricket
  10. Cherry Creek Farmers Market
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 Cherry Creek, Colorado's Airbnb Data ⟶
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