Is it profitable to do Airbnb in Shibuya City, Japan?
What is the occupancy rate of Airbnb in Shibuya City, Japan?
What is the average daily rate of Airbnb in Shibuya City, Japan?
Japan / Shibuya City
Shibuya City, Airbnb Market Statistics & Data, Japan
A typical short-term rental listing in Shibuya City is booked for 339 nights a year, with a median occupancy rate of 93% and an average daily rate of JPY29,638. In 2023, a typical host income (annual revenue) was JPY9M. As of 12th September, 2024, there are 660 active Airbnb listings.
Average Revenue: JPY9M/yr
Occupancy Rate
93%
Avg Daily Rate
JPY29,638
Mid Scale
No. of Listings
809
Small
YoY Revenue Change
31.63%
Best Month
March
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
JPY504,320
Average
JPY719,483
High
JPY884,856
Is Airbnb Profitable in Shibuya City?
Yes, there is good short-term rental demand. A 93% 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 Shibuya City
Short-term rental regulation is lenient in Shibuya City. 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.
Average Airbnb Occupancy Rate in Shibuya City
A typical listing recorded a 93% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 79.43% 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: 93%
660 Active Listings
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Explore Shibuya City's Airbnb Data ⟶
Best Areas in Shibuya City for Airbnb
Are you wondering where to invest in Shibuya City? Look no further!
- Shibuya Crossing
- Meiji Shrine
- Yoyogi Park
- Hachiko Statue
- Shibuya 109
- Omotesando
- Tokyu Hands
- Shibuya Center Street
- NHK Studio Park
- Bunkamura
Top demand Airbnb in Shibuya City
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 660 listings.
See 660 listing Statistics
Professional Short-term rental property managers in Shibuya City
We've compiled a list of host profiles that manage the most Airbnb properties in Shibuya City. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Shibuya City
Here is a breakdown of short-let properties in Shibuya City. 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