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Devils lake
Airbnb Market Statistics & Data
United States

Is it profitable to do Airbnb in Devils lake, United States?

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

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


Last updated on: 15th May, 2024



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United States / Devils lake
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.
Without further ado, let's see if Devils lake is good for Airbnb.

Is Airbnb Profitable in Devils lake ?

Yes, there is a good short-term rental demand.
Occupancy Rate

59%

$153

Daily Rate

$23K

Revenue (2023)

13

Number of Listings
A typical short-term rental listing in Devils lake is booked for 215 nights a year, with a median occupancy rate of 59% and an average daily rate of $153. In Devils lake, A typical host income (annual revenue) was $23K in 2023. There are 13 active Airbnb listings as of 2024-04-15.
A 59% median occupancy rate is considered a good market to do an Airbnb. Take professional photos of your property, get a few good reviews on Airbnb, then you are likely to make good income.
Okay, you might wonder about more specific data. 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.
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