Is it profitable to do Airbnb in Renton, The United States?
What is the occupancy rate of Airbnb in Renton, The United States?
What is the average daily rate of Airbnb in Renton, The United States?
The United States / Renton
Renton, Airbnb Market Statistics & Data, The United States
A typical short-term rental listing in Renton is booked for 252 nights a year, with a median occupancy rate of 69% and an average daily rate of $122. In 2023, a typical host income (annual revenue) was $27K. As of 12th September, 2024, there are 301 active Airbnb listings.
Average Revenue: $27K/yr
Occupancy Rate
69%
Avg Daily Rate
$122
Mid Scale
No. of Listings
442
Small
YoY Revenue Change
-2.27%
Best Month
June
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
$1,692
Average
$2,358
High
$3,355
Is Airbnb Profitable in Renton?
Yes, there is good short-term rental demand. A 69% 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 Renton
Short-term rental regulation is lenient in Renton. 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 Renton
A typical listing recorded a 69% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 10.44% 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: 69%
301 Active Listings
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Explore Renton's Airbnb Data ⟶
Best Areas in Renton for Airbnb
Are you wondering where to invest in Renton? Look no further!
- Gene Coulon Memorial Beach Park
- Renton History Museum
- Cedar River Park
- Jimi Hendrix Memorial
- Coal Creek Natural Area
- Petrovitsky Park
- Maplewood Golf Course
- The Landing in Renton
- Kubota Garden
- Lake Washington
Top demand Airbnb in Renton
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 301 listings.
See 301 listing Statistics
Professional Short-term rental property managers in Renton
We've compiled a list of host profiles that manage the most Airbnb properties in Renton. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Renton
Here is a breakdown of short-let properties in Renton. 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