Is it profitable to do Airbnb in Lake cowichan, Canada?
What is the occupancy rate of Airbnb in Lake cowichan, Canada?
What is the average daily rate of Airbnb in Lake cowichan, Canada?
Canada / Lake cowichan
Lake cowichan, Airbnb Market Statistics & Data, Canada
A typical short-term rental listing in Lake cowichan is booked for 193 nights a year, with a median occupancy rate of 53% and an average daily rate of CA$149. In Feb, 24 - Jan, 25 a typical host income (annual revenue) was CA$32K. As of 11th March, 2025, there are 57 active Airbnb listings.
Average Revenue: CA$32K/yr
Occupancy Rate
53%
Avg Daily Rate
CA$149
Mid Scale
No. of Listings
70
Small
YoY Revenue Change
24.71%
Best Month
August
** Period: Feb, 24 - Jan, 25 | Last Updated on: 11th March, 2025
Revenue By Month
Feb, 24 - Jan, 25
Low
CA$1,763
Average
CA$2,634
High
CA$3,949
Is Airbnb Profitable in Lake cowichan?
Yes, there is good short-term rental demand. A 53% 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 Lake cowichan
Short-term rental regulation is lenient in Lake cowichan. 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 Canada, learn how much it costs to start an Airbnb and if it’s profitable to start an Airbnb.
Average Airbnb Occupancy Rate in Lake cowichan
A typical listing recorded a 53% average occupancy rate between Feb, 24 - Jan, 25. In this graph, you can see the occupancy rate distribution. About 20.8% of the guests are international guests, and visitors from Canada 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: 53%
57 Active Listings
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Explore Lake cowichan's Airbnb Data ⟶
Best Areas in Lake cowichan for Airbnb
Are you wondering where to invest in Lake cowichan? Look no further!
Top demand Airbnb in Lake cowichan
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 57 listings.
See 57 listing Statistics
Professional Short-term rental property managers in Lake cowichan
We've compiled a list of host profiles that manage the most Airbnb properties in Lake cowichan. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Lake cowichan
Here is a breakdown of short-let properties in Lake cowichan. 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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Amenities
Property Type
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By Channel Type