Is it profitable to do Airbnb in Richmond (Canada), Canada?
What is the occupancy rate of Airbnb in Richmond (Canada), Canada?
What is the average daily rate of Airbnb in Richmond (Canada), Canada?
Airbnb Revenue in Richmond (Canada), Canada: 2025 Short-Term Rental Data & Insights
Average Airbnb Revenue in Richmond (Canada)
A typical short-term rental in Richmond (Canada) is booked for 223 nights per year, generating a medium Airbnb occupancy rate of 61% and an average daily rate (ADR) of CA$150 ($110). In June, 2024 - May, 2025, the average annual short-term rental revenue in Richmond (Canada) was CA$29K ($21K). As of 4th July, 2025, there are 1,574 active Airbnb listings in Richmond (Canada).
Richmond (Canada) Airbnb Income Data Summary
Richmond (Canada) Average Monthly Revenue
CA$2,459 ($1,795)
Richmond (Canada) YoY Revenue Change
2.01%
Richmond (Canada) Average Airbnb Occupancy Rate
61%
Richmond (Canada) Average Daily Rate
CA$150 ($110)
Mid Scale
Richmond (Canada) Number of Listings
2,025
Medium
Airbnb Seasonality in Richmond (Canada)
Strong
Most Profitable Month for Airbnb in Richmond (Canada)
May
** Period: June, 2024 - May, 2025 | Last Updated on: 4th July, 2025
Richmond (Canada) Airbnb Revenue by Month
June, 2024 - May, 2025
Low
CA$1,614
Average
CA$2,542
High
CA$4,047
Is Airbnb Profitable in Richmond (Canada), Canada?
Yes, starting an Airbnb business in Richmond (Canada) can be very profitable as there is strong short-term rental demand. An average vacation rental revenue of CA$29,512 ($21,542) and a median occupancy rate of 61% are considered good in the hospitality space. With 2,025 active listings, the Richmond (Canada) Airbnb market is strong but not oversaturated.
Tip: Investing in a short-term rental can be both stable and highly profitable.
Stability: Vacation rentals in a market like Richmond (Canada) are a stable investment strategy because they combine investing in real estate and in hospitality. While many potential investors worry about increasingly stricter Airbnb laws, if you can no longer rent out your property on Airbnb, you can convert it into a long-term rental and lease it to tenants on a monthly basis. Monthly rentals yield less, but they are less heavily regulated and even more stable than short-term rentals.
Profitability: Buying an Airbnb property in a city like Richmond (Canada) is highly profitable because the monthly cash flow from a short-term rental investment is typically double the rental rate of traditional rentals.
As a Richmond (Canada) Airbnb host, you can boost the performance of your short-term rental by choosing the optimal property type and the right property size and furnishing your listing with the most demanded amenities in the area.
Demand by Amenities
Average Airbnb Occupancy Rate in Richmond (Canada)
You can find the distribution graph of daily rate and revenue in our market dashboard. A typical Richmond (Canada) listing recorded a 61% average short-term rental occupancy between June, 2024 - May, 2025. The Richmond (Canada) vacation rental market has Strong seasonality, with May and July being the busiest months for Airbnb hosts.
About 51.37% of Richmond (Canada) Airbnb guests are international guests, and visitors from Canada constitute the largest group. Learn more about guest origin to inform your vacation rental marketing strategy.
On the graph below, you can see the occupancy rate distribution per number of listings.
To view the distribution of average daily rates and annual revenue, refer to our Richmond (Canada) market dashboard.
About 51.37% of Richmond (Canada) Airbnb guests are international guests, and visitors from Canada constitute the largest group. Learn more about guest origin to inform your vacation rental marketing strategy.
On the graph below, you can see the occupancy rate distribution per number of listings.
To view the distribution of average daily rates and annual revenue, refer to our Richmond (Canada) market dashboard.
Occupancy Rate: 61%
1,574 Active Listings
Starting an Airbnb in Richmond (Canada): Short-Term Rental Regulations
Before launching an Airbnb in Richmond (Canada), it's important to understand the local short-term rental rules and regulations. While Airbnb, Vrbo, and similar listing platforms are widely used in Richmond (Canada), the legal landscape can be complex, especially for a beginner host.
In general, Richmond (Canada) Airbnb regulations are strict at the city level, but zoning regulations might apply to some parts of the market. Hosts might be required to register their short-term rentals with local authorities, and there might be limitations on the number of licenses that a single host can hold. You also need to pay applicable Airbnb taxes to make your Richmond (Canada) vacation rental business legally compliant.
In general, Richmond (Canada) Airbnb regulations are strict at the city level, but zoning regulations might apply to some parts of the market. Hosts might be required to register their short-term rentals with local authorities, and there might be limitations on the number of licenses that a single host can hold. You also need to pay applicable Airbnb taxes to make your Richmond (Canada) vacation rental business legally compliant.
Signup and check out more in-depth vacation rental data for free.
Explore Richmond (Canada)'s Airbnb Data ⟶
Most Profitable Areas for Vacation Rentals in Richmond (Canada)
Wondering where to invest in Richmond (Canada) for the best Airbnb returns? Look no further!
The best Airbnb markets in Richmond (Canada) are:
The best Airbnb markets in Richmond (Canada) are:
- New Westminster, BC, Canada
- Airbnb Annual Revenue: CA$31,462 ($22,965)
- Airbnb Occupancy Rate: 72%
- Airbnb Average Daily Rate: CA$117 ($86)
Find the top Airbnb location in Richmond (Canada) for your specific needs and aspirations.
Most Popular Airbnbs in Richmond (Canada)
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 1,574 listings.
See Airbnb Statistics on All 1,574 Listings
Professional Airbnb Property Managers in Richmond (Canada)
You can turn your Richmond (Canada) Airbnb investment into a source of passive income and navigate the short-term rental regulatory framework easily by hiring one of the best Airbnb property management companies in the area.
To help you get started, we’ve compiled a list of the professional short-term rental property managers in Richmond (Canada) with the most Airbnb properties.
To help you get started, we’ve compiled a list of the professional short-term rental property managers in Richmond (Canada) with the most Airbnb properties.
| Name | Listings | Rating | Revenue |
|---|---|---|---|
| 艾米 | 45 | 3.8★ | $1,23,234 |
| Aimi | 36 | 4.5★ | $1,23,234 |
| Prestige | 23 | 4.8★ | $1,23,234 |
| HHome | 22 | 4.9★ | $1,23,234 |
| W-Coco | 21 | 5.0★ | $1,23,234 |
Find out the top Airbnb management company in Richmond (Canada), Canada for your needs.
Other short-term rental market data in Richmond (Canada)
Here is a breakdown of short-let properties in Richmond (Canada). 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.
Richmond (Canada) Airbnb Listings by Property Size
Richmond (Canada) Airbnb Listings by Property Type
Richmond (Canada) Airbnb Listings by Cancelation Policy Type
Richmond (Canada) Vacation Rentals by Channel
Estimate Your Potential Earnings in Richmond (Canada) with the Airbtics Airbnb Calculator
Ready to start looking for the most profitable Airbnb investment opportunities in Richmond (Canada)?
Use our Airbnb income calculator to instantly get an accurate estimate of the earning potential of any neighborhood and area.
Use our Airbnb income calculator to instantly get an accurate estimate of the earning potential of any neighborhood and area.
Richmond (Canada) Airbnb FAQs
How Much Can You Make on Airbnb in Richmond (Canada), Canada?
The average Richmond (Canada) Airbnb host was able to make CA$29K ($21K) in June, 2024 - May, 2025. Your actual vacation rental revenue can vary depending on your listing's location, type, size, amenities, target guest persona, property management style, marketing strategy, and other factors. Check out our detailed Richmond (Canada) Airbnb data to see how different factors affect revenue and estimate your potential income.
How Profitable Is Airbnb in Richmond (Canada)?
With an ADR of CA$150 ($110) and a median occupancy rate of 61%, short-term rentals in Richmond (Canada) can be very profitable. However, exactly how much money you can make from Airbnb in Richmond (Canada) is determined by multiple factors. Remember that profitable Airbnb investments start with the best location. Buy an Airbnb property in one of the most profitable locations in Richmond (Canada).
What Is the ROI on Airbnb in Richmond (Canada)?
The return on investment (ROI) on Airbnb properties in Richmond (Canada) depends on factors like the purchase price, rental income, and operating costs. While the exact ROI varies by property, you can get an estimate by using key metrics such as annual rental income, daily rates, and occupancy.In Richmond (Canada), the annual Airbnb revenue is CA$29K ($21K). To estimate your ROI, compare this income against your property's purchase price and operating expenses. Our Airbnb calculator can help you run the numbers based on your investment and strategy.
What Is the Average Occupancy Rate for Airbnb in Richmond (Canada)?
The median Airbnb occupancy rate in Richmond (Canada) was 61% in June, 2024 - May, 2025. However, your actual occupancy depends on many factors, such as your property type, number of bedrooms, pricing strategy, and marketing efforts.
How Many Airbnbs Are There in Richmond (Canada)?
As of March 2025, there are 1,574 active listings on the Airbnb platform in Richmond (Canada).