Is it profitable to do Airbnb in Monterey Park, United States?
What is the occupancy rate of Airbnb in Monterey Park, United States?
What is the average daily rate of Airbnb in Monterey Park, United States?
The United States / Monterey Park
Monterey Park, Airbnb Market Statistics & Data, United States
A typical short-term rental listing in Monterey Park is booked for 252 nights a year, with a median occupancy rate of 69% and an average daily rate of $130. In 2023, a typical host income (annual revenue) was $31K. As of 12th September, 2024, there are 261 active Airbnb listings.
Average Revenue: $31K/yr
Occupancy Rate
69%
Avg Daily Rate
$130
Mid Scale
No. of Listings
363
Small
YoY Revenue Change
30.43%
Best Month
June
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
$2,272
Average
$2,865
High
$3,574
Is Airbnb Profitable in Monterey Park?
Yes, there is good short-term rental demand. A 69% 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 Monterey Park
Short-term rental regulation is lenient in Monterey Park. 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.
Average Airbnb Occupancy Rate in Monterey Park
A typical listing recorded a 69% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 24.68% 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: 69%
261 Active Listings
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Explore Monterey Park's Airbnb Data ⟶
Best Areas in Monterey Park for Airbnb
Are you wondering where to invest in Monterey Park? Look no further!
- Los Angeles Chinatown
- Hollywood Walk of Fame
- Santa Monica Pier
- Disneyland Park
- Griffith Observatory
- Rodeo Drive
- Venice Beach
- The Getty Center
- Universal Studios Hollywood
- Natural History Museum of Los Angeles County
Top demand Airbnb in Monterey Park
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 261 listings.
See 261 listing Statistics
Professional Short-term rental property managers in Monterey Park
We've compiled a list of host profiles that manage the most Airbnb properties in Monterey Park. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Monterey Park
Here is a breakdown of short-let properties in Monterey Park. 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