Is it profitable to do Airbnb in Incheon, South Korea?

What is the occupancy rate of Airbnb in Incheon, South Korea?

What is the average daily rate of Airbnb in Incheon, South Korea?

South Korea / Incheon

Incheon, Airbnb Market Statistics & Data, South Korea

A typical short-term rental listing in Incheon is booked for 161 nights a year, with a median occupancy rate of 44% and an average daily rate of KRW82,624. In 2023, a typical host income (annual revenue) was KRW13M. As of 12th September, 2024, there are 3,139 active Airbnb listings.

Average Revenue: KRW13M/yr
Occupancy Rate
44%
Avg Daily Rate
KRW82,624
Budget
No. of Listings
3,817
Medium
YoY Revenue Change
-9.24%
Best Month
August
Regulation
Lenient
Learn More >
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
KRW945,854
Average
KRW1,145,916
High
KRW1,436,421



Is Airbnb Profitable in Incheon?

No, there is good short-term rental demand. A 44% 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 Incheon

Short-term rental regulation is lenient in Incheon. 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 South Korea, learn how much it costs to start an Airbnb and if it’s profitable to start an Airbnb.
Average Airbnb Occupancy Rate in Incheon
A typical listing recorded a 44% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 48.69% of the guests are international guests, and visitors from South korea is the largest group. Learn more about guest origin!.

You can find the distribution graph of daily rate and revenue in our market dashboard.
Occupancy Rate: 44%
3,139 Active Listings
Signup and check out more in-depth vacation rental data for free.
Explore Incheon's Airbnb Data
market map image
Best Areas in Incheon for Airbnb
Are you wondering where to invest in Incheon? Look no further!
  1. Songdo Central Park
  2. Incheon Chinatown
  3. Incheon Grand Park
  4. Wolmido Island
  5. Incheon Bridge
  6. Jayu Park
  7. Seonnyeo Rock
  8. Sorae Fish Market
  9. Incheon Landing Operation Memorial Hall
  10. Incheon Art Platform
Top demand Airbnb in Incheon
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 3,139 listings.
listing_image
Entire home & Studio Bed
⭐5.0 (27)
을왕리 Sult/겨울 객실/빔프로젝트/넷플릭스/바베큐/비대면체크인/해수욕장도보1분/와인주문
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
KRW134,952
Daily Rate
View Listing
listing_image
Entire home & 1 Bed
⭐5.0 (11)
을왕리 Sult/여름 객실/오션뷰/넷플릭스/바베큐/비대면체크인/해수욕장도보1분/와인주문
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
KRW125,313
Daily Rate
View Listing
listing_image
Entire home & 1 Bed
⭐5.0 (30)
을왕리 Sult/봄 객실/오션뷰/넷플릭스/바베큐/비대면체크인/해수욕장도보1분/와인주문
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
KRW130,821
Daily Rate
View Listing
listing_image
Entire home & 0 Bed
⭐5.0 (1)
컴팩트한 시설과 개별화장실이 있는 쾌적한
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
KRW122,559
Daily Rate
View Listing
listing_image
Entire home & 4 Bed
⭐5.0 (54)
Q House Pension - family villa
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
KRW349,775
Daily Rate
View Listing
listing_image
Private room & 1 Bed
⭐5.0 (171)
흰색 면 이불, 호텔보다 좋아요
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
KRW48,197
Daily Rate
View Listing
See 3,139 listing Statistics
Professional Short-term rental property managers in Incheon
We've compiled a list of host profiles that manage the most Airbnb properties in Incheon. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
NameListingsRatingRevenue
Premier394.7$1,23,234
Onda503.1$1,23,234
Onda220.9$1,23,234
Onda60$1,23,234
The204.8$1,23,234
Other short-term rental market data in Incheon
Here is a breakdown of short-let properties in Incheon. 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.
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