Is it profitable to do Airbnb in Ocean Ridge, The United States?
What is the occupancy rate of Airbnb in Ocean Ridge, The United States?
What is the average daily rate of Airbnb in Ocean Ridge, The United States?
The United States / Ocean Ridge
Ocean Ridge, Airbnb Market Statistics & Data, The United States
A typical short-term rental listing in Ocean Ridge is booked for 281 nights a year, with a median occupancy rate of 77% and an average daily rate of $600. In 2023, a typical host income (annual revenue) was $128K. As of 12th September, 2024, there are 7 active Airbnb listings.
Average Revenue: $128K/yr
Occupancy Rate
77%
Avg Daily Rate
$600
Luxury
No. of Listings
13
Small
YoY Revenue Change
308.1%
Best Month
May
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
$2,080
Average
$12,968
High
$22,188
Is Airbnb Profitable in Ocean Ridge?
Yes, there is good short-term rental demand. A 77% 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 Ocean Ridge
Short-term rental regulation is lenient in Ocean Ridge. 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.
We made a guide on things you need to know before starting an Airbnb in The United States, learn how much it costs to start an Airbnb and if it’s profitable to start an Airbnb.
Average Airbnb Occupancy Rate in Ocean Ridge
A typical listing recorded a 77% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 12.5% 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: 77%
7 Active Listings
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Explore Ocean Ridge's Airbnb Data ⟶
Best Areas in Ocean Ridge for Airbnb
Are you wondering where to invest in Ocean Ridge? Look no further!
- Ocean Ridge Beach
- Palm Beach Par 3 Golf Course
- Boynton Beach Inlet
- Gumbo Limbo Nature Center
- Morikami Museum and Japanese Gardens
- Delray Beach
- Wakodahatchee Wetlands
- Mizner Park
- Lion Country Safari
- Butterfly World
Top demand Airbnb in Ocean Ridge
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 7 listings.
See 7 listing Statistics
Other short-term rental market data in Ocean Ridge
Here is a breakdown of short-let properties in Ocean Ridge. 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