Santa Cruz, CA
Airbnb Market Statistics & Data
USA

Is it profitable to do Airbnb in Santa Cruz, CA, USA?

What is the occupancy rate of Airbnb in Santa Cruz, CA, USA?

What is the average daily rate of Airbnb in Santa Cruz, CA, USA?


Last updated on: 15th May, 2024



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USA / California / Santa Cruz, CA
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 Santa Cruz, CA is good for Airbnb.
Occupancy Rate

60%

$270

Daily Rate

$60K+

Revenue (2023)

4.6%

Net Yield

1,742

Number of Listings
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Is Airbnb Profitable in Santa Cruz, CA ?

No, it's not profitable to Airbnb because the average net rental yield for a one-bedroom property is 4.6%.
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 Santa Cruz, CA is booked for 248 nights a year, with a median occupancy rate of 68% and an average daily rate of $183. In Santa Cruz, CA, A typical host income (annual revenue) was $43,515 in 2023.

Best Areas in Santa Cruz for Airbnb

Are you wondering where to invest in Santa Cruz? 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. Santa Cruz Beach Boardwalk
  2. Natural Bridges State Beach
  3. West Cliff Drive
  4. Henry Cowell Redwoods State Park
  5. Steamer Lane
  6. Roaring Camp Railroads
  7. Monterey Bay National Marine Sanctuary Exploration Center
  8. Seymour Marine Discovery Center
  9. Santa Cruz Wharf
  10. Capitola Village
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?
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Explore Santa Cruz, CA's Airbnb Data
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