Is it profitable to do Airbnb in Penobscot, The United States?

What is the occupancy rate of Airbnb in Penobscot, The United States?

What is the average daily rate of Airbnb in Penobscot, The United States?

The United States / Penobscot

Penobscot, Airbnb Market Statistics & Data, The United States

A typical short-term rental listing in Penobscot is booked for 212 nights a year, with a median occupancy rate of 58% and an average daily rate of $153. In 2023, a typical host income (annual revenue) was $30K. As of 12th September, 2024, there are 693 active Airbnb listings.

Average Revenue: $30K/yr
Occupancy Rate
58%
Avg Daily Rate
$153
Mid Scale
No. of Listings
858
Small
YoY Revenue Change
-4.07%
Best Month
August
Regulation
Lenient
Learn More >
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
$1,503
Average
$2,392
High
$3,599



Is Airbnb Profitable in Penobscot?

Yes, there is good short-term rental demand. A 58% 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 Penobscot

Short-term rental regulation is lenient in Penobscot. 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 Penobscot
A typical listing recorded a 58% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 9.93% 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.
Occupancy Rate: 58%
693 Active Listings
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Explore Penobscot's Airbnb Data
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Best Areas in Penobscot for Airbnb
Are you wondering where to invest in Penobscot? Look no further!
Top demand Airbnb in Penobscot
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 693 listings.
listing_image
Entire home & 1 Bed
⭐5.0 (49)
The Little House
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$94
Daily Rate
View Listing
listing_image
Entire home & 3 Bed
⭐5.0 (23)
Perfect Family Getaway on Lake Sebasticook
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$412
Daily Rate
View Listing
listing_image
Entire home & 2 Bed
⭐5.0 (81)
Cozy Bungalow
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$186
Daily Rate
View Listing
listing_image
Entire home & 1 Bed
⭐5.0 (17)
Lake View Hide Away
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$199
Daily Rate
View Listing
listing_image
Entire home & 2 Bed
⭐5.0 (63)
Etna pond retreat
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$148
Daily Rate
View Listing
listing_image
Entire home & 2 Bed
⭐5.0 (179)
Lakefront Log Cabin on Pleasant Lake
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$185
Daily Rate
View Listing
See 693 listing Statistics
Professional Short-term rental property managers in Penobscot
We've compiled a list of host profiles that manage the most Airbnb properties in Penobscot. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
NameListingsRatingRevenue
The Phenix375.0$1,23,234
Derek254.8$1,23,234
Evolve124.0$1,23,234
Keelan105.0$1,23,234
Mark And Tina81.8$1,23,234
Other short-term rental market data in Penobscot
Here is a breakdown of short-let properties in Penobscot. 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.
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