Is it profitable to do Airbnb in Chico, The United States?
What is the occupancy rate of Airbnb in Chico, The United States?
What is the average daily rate of Airbnb in Chico, The United States?
The United States / Chico
Chico, Airbnb Market Statistics & Data, The United States
A typical short-term rental listing in Chico is booked for 215 nights a year, with a median occupancy rate of 59% and an average daily rate of $125. In 2023, a typical host income (annual revenue) was $26K. As of 12th September, 2024, there are 420 active Airbnb listings.
Average Revenue: $26K/yr
Occupancy Rate
59%
Avg Daily Rate
$125
Mid Scale
No. of Listings
558
Small
YoY Revenue Change
5.62%
Best Month
June
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
$1,509
Average
$2,112
High
$2,482
Is Airbnb Profitable in Chico?
Yes, there is good short-term rental demand. A 59% 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 Chico
Short-term rental regulation is lenient in Chico. 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.
We made a guide on things you need to know before starting an Airbnb in The United States, learn how much it costs to start an Airbnb and if it’s profitable to start an Airbnb.
Average Airbnb Occupancy Rate in Chico
A typical listing recorded a 59% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 2.47% 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: 59%
420 Active Listings
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Explore Chico's Airbnb Data ⟶
Best Areas in Chico for Airbnb
Are you wondering where to invest in Chico? Look no further!
- Bidwell Park
- Sierra Nevada Brewing Co.
- Bidwell Mansion State Historic Park
- Butte Creek Canyon
- Turtle Bay Exploration Park
- Lake Oroville
- Lassen Volcanic National Park
- Silverado Orchards
- Table Mountain
- Mount Shasta
Top demand Airbnb in Chico
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 420 listings.
See 420 listing Statistics
Professional Short-term rental property managers in Chico
We've compiled a list of host profiles that manage the most Airbnb properties in Chico. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Chico
Here is a breakdown of short-let properties in Chico. 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