Sign In

Salem, Massachusetts
Airbnb Market Statistics & Data
USA

Is it profitable to do Airbnb in Salem, Massachusetts, USA?

What is the occupancy rate of Airbnb in Salem, Massachusetts, USA?

What is the average daily rate of Airbnb in Salem, Massachusetts, USA?


Last updated on: 15th May, 2024



decor shape leftdecor shape right
USA / Massachusetts / Salem, Massachusetts
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 rentals typically is double the amount of traditional rentals.
The true profit from home investing comes from capital appreciation and cash flow from your rental. Between 1850 and 2015, globally, the average home value appreciated at 5.5% annually. If your short-term rental yields 3% of your total initial investment, your investment's annual return is 8.5% before taxes are considered.
Without further ado, let's see if Salem, Massachusetts is good for Airbnb.
Best Airbnb Markets in USA ⟶
Occupancy Rate

71%

$266

Daily Rate

$70K+

Revenue (2023)

10.7%

Net Yield

351

Number of Listings
market map image

Is Airbnb Profitable in Salem, Massachusetts ?

Yes, it's profitable to Airbnb because the average net rental yield for a one-bedroom property is 10.7%.
The national median net short-term rental yield is 5.4% in the USA. For more context, a traditional rental can typically yield 2-4% if you don't have to pay a mortgage interest. A typical 1 bedroom listing in Salem, Massachusetts is booked for 281 nights a year, with a median occupancy rate of 77% and an average daily rate of $248. In Salem, Massachusetts, A typical host income (annual revenue) was $64,492 in 2023.

Best Areas in Salem for Airbnb

Are you wondering where to invest in Salem? Look no further! Here are 10 areas travelers often search for. You can find the short-term rental statistics of all of these neighborhoods from Airbtics! Check out which neighborhood has the highest rental demand. 🚀
  1. Derby Wharf Light Station
  2. Salem Maritime National Historic Site
  3. Peabody Essex Museum
  4. Salem Witch Museum
  5. The House of the Seven Gables
  6. Salem Witch Trials Memorial
  7. Pickering Wharf
  8. Salem Willows Park
  9. Forest River Park
  10. Winter Island Park
Okay, you might wonder about more specific data. For example, how much can an average listing with 2 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month?
Signup and check out more in-depth vacation rental data for free.
Explore Salem, Massachusetts's Airbnb Data ⟶
market map image