Niagara on the lake
Airbnb Market Statistics & Data
Canada

Is it profitable to do Airbnb in Niagara on the lake, Canada?

What is the occupancy rate of Airbnb in Niagara on the lake, Canada?

What is the average daily rate of Airbnb in Niagara on the lake, Canada?


Last updated on: 15th May, 2024



decor shape leftdecor shape right
Canada / Niagara on the lake
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 Niagara on the lake is good for Airbnb.

Is Airbnb Profitable in Niagara on the lake ?

Yes, there is a good short-term rental demand.
Best Airbnb Markets in Canada ⟶
Occupancy Rate

54%

CA$298

Daily Rate

CA$63K

Revenue (2023)

902

Number of Listings
A typical short-term rental listing in Niagara on the lake is booked for 197 nights a year, with a median occupancy rate of 54% and an average daily rate of CA$298. In Niagara on the lake, A typical host income (annual revenue) was CA$63K in 2023. There are 902 active Airbnb listings as of 2024-04-15.
A 54% median occupancy rate is considered a good market to do an Airbnb. Take professional photos of your property, get a few good reviews on Airbnb, then you are likely to make good income.
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.
Signup and check out more in-depth vacation rental data for free.
Explore Niagara on the lake's Airbnb Data ⟶