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Ocean grove
Airbnb Market Statistics & Data
United States

Is it profitable to do Airbnb in Ocean grove, United States?

What is the occupancy rate of Airbnb in Ocean grove, United States?

What is the average daily rate of Airbnb in Ocean grove, United States?


Last updated on: 15th May, 2024



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United States / Ocean grove
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 Ocean grove is good for Airbnb.

Is Airbnb Profitable in Ocean grove ?

Yes, there is a good short-term rental demand.
Occupancy Rate

65%

$299

Daily Rate

$66K

Revenue (2023)

257

Number of Listings
A typical short-term rental listing in Ocean grove is booked for 237 nights a year, with a median occupancy rate of 65% and an average daily rate of $299. In Ocean grove, A typical host income (annual revenue) was $66K in 2023. There are 257 active Airbnb listings as of 2024-04-15.
A 65% 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.
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