Is it profitable to do Airbnb in Palmer Lake, The United States?
What is the occupancy rate of Airbnb in Palmer Lake, The United States?
What is the average daily rate of Airbnb in Palmer Lake, The United States?
The United States / Palmer Lake
Palmer Lake, Airbnb Market Statistics & Data, The United States
A typical short-term rental listing in Palmer Lake is booked for 255 nights a year, with a median occupancy rate of 70% and an average daily rate of $173. In 2023, a typical host income (annual revenue) was $48K. As of 12th September, 2024, there are 59 active Airbnb listings.
Average Revenue: $48K/yr
Occupancy Rate
70%
Avg Daily Rate
$173
Mid Scale
No. of Listings
75
Small
YoY Revenue Change
31.14%
Best Month
June
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
$2,909
Average
$4,217
High
$5,856
Is Airbnb Profitable in Palmer Lake?
Yes, there is good short-term rental demand. A 70% 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 Palmer Lake
Short-term rental regulation is lenient in Palmer Lake. 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 Palmer Lake
A typical listing recorded a 70% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 2.45% 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: 70%
59 Active Listings
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Explore Palmer Lake's Airbnb Data ⟶
Best Areas in Palmer Lake for Airbnb
Are you wondering where to invest in Palmer Lake? Look no further!
- Garden of the Gods
- Pikes Peak
- Royal Gorge Bridge and Park
- Manitou Springs
- Cheyenne Mountain Zoo
- Old Colorado City
- Cave of the Winds Mountain Park
- Broadmoor Seven Falls
- Red Rock Canyon Open Space
- Colorado Wolf and Wildlife Center
Top demand Airbnb in Palmer Lake
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 59 listings.
See 59 listing Statistics
Professional Short-term rental property managers in Palmer Lake
We've compiled a list of host profiles that manage the most Airbnb properties in Palmer Lake. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Palmer Lake
Here is a breakdown of short-let properties in Palmer Lake. 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