Is it profitable to do Airbnb in Morro Bay, United States?
What is the occupancy rate of Airbnb in Morro Bay, United States?
What is the average daily rate of Airbnb in Morro Bay, United States?
The United States / Morro Bay
Morro Bay, Airbnb Market Statistics & Data, United States
A typical short-term rental listing in Morro Bay is booked for 230 nights a year, with a median occupancy rate of 63% and an average daily rate of $256. In 2023, a typical host income (annual revenue) was $51K. As of 12th September, 2024, there are 236 active Airbnb listings.
Average Revenue: $51K/yr
Occupancy Rate
63%
Avg Daily Rate
$256
Upscale
No. of Listings
287
Small
YoY Revenue Change
-3.49%
Best Month
July
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
$2,989
Average
$4,180
High
$5,825
Is Airbnb Profitable in Morro Bay?
Yes, there is good short-term rental demand. A 63% 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 Morro Bay
Short-term rental regulation is lenient in Morro Bay. 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 Morro Bay
A typical listing recorded a 63% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 4.26% 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: 63%
236 Active Listings
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Explore Morro Bay's Airbnb Data ⟶
Best Areas in Morro Bay for Airbnb
Are you wondering where to invest in Morro Bay? Look no further!
- Morro Rock
- Morro Bay State Park
- Morro Bay Skateboard Museum
- Morro Bay Aquarium
- Estero Bluffs State Park
- Montana de Oro State Park
- Morro Bay Golf Course
- Tognazzini's Dockside Restaurant
- Heritage House Museum and Garden
- Morro Dunes Natural Preserve
Top demand Airbnb in Morro Bay
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 236 listings.
See 236 listing Statistics
Professional Short-term rental property managers in Morro Bay
We've compiled a list of host profiles that manage the most Airbnb properties in Morro Bay. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Morro Bay
Here is a breakdown of short-let properties in Morro Bay. 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