Lake orion
Airbnb Market Statistics & Data
United States

Is it profitable to do Airbnb in Lake orion, United States?

What is the occupancy rate of Airbnb in Lake orion, United States?

What is the average daily rate of Airbnb in Lake orion, United States?


Last updated on: 15th May, 2024



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United States / Lake orion
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 Lake orion is good for Airbnb.

Is Airbnb Profitable in Lake orion ?

No, at least on a surface level. The short-term rental market is not an exciting thing in Lake orion.
Occupancy Rate

40%

$250

Daily Rate

$39K

Revenue (2023)

16

Number of Listings
A typical short-term rental listing in Lake orion is booked for 146 nights a year, with a median occupancy rate of 40% and an average daily rate of $250. In Lake orion, A typical host income (annual revenue) was $39K in 2023. There are 16 active Airbnb listings as of 2024-04-15.
A 40% median occupancy rate is considered a risky market to do an Airbnb. There are definitely few hosts making good income, but you may struggle to get year-round bookings. We suggest you do further research on this market.
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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