Is it profitable to do Airbnb in Palm Beach Shores, The United States?
What is the occupancy rate of Airbnb in Palm Beach Shores, The United States?
What is the average daily rate of Airbnb in Palm Beach Shores, The United States?
The United States / Palm Beach Shores
Palm Beach Shores, Airbnb Market Statistics & Data, The United States
A typical short-term rental listing in Palm Beach Shores is booked for 237 nights a year, with a median occupancy rate of 65% and an average daily rate of $245. In 2023, a typical host income (annual revenue) was $58K. As of 12th September, 2024, there are 104 active Airbnb listings.
Average Revenue: $58K/yr
Occupancy Rate
65%
Avg Daily Rate
$245
Upscale
No. of Listings
139
Small
YoY Revenue Change
9.62%
Best Month
March
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
$1,953
Average
$4,895
High
$7,625
Is Airbnb Profitable in Palm Beach Shores?
Yes, there is good short-term rental demand. A 65% 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 Palm Beach Shores
Short-term rental regulation is lenient in Palm Beach Shores. 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 Palm Beach Shores
A typical listing recorded a 65% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 6.85% 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: 65%
104 Active Listings
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Explore Palm Beach Shores's Airbnb Data ⟶
Best Areas in Palm Beach Shores for Airbnb
Are you wondering where to invest in Palm Beach Shores? Look no further!
- Ocean Reef Park
- Peanut Island
- John D. MacArthur Beach State Park
- Singer Island Beach
- Phil Foster Park
- North Palm Beach Country Club
- Riviera Beach Municipal Beach
- Palm Beach Maritime Museum
- Phipps Ocean Park
- Loggerhead Marinelife Center
Top demand Airbnb in Palm Beach Shores
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 104 listings.
See 104 listing Statistics
Professional Short-term rental property managers in Palm Beach Shores
We've compiled a list of host profiles that manage the most Airbnb properties in Palm Beach Shores. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Palm Beach Shores
Here is a breakdown of short-let properties in Palm Beach Shores. 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