Is it profitable to do Airbnb in Shoreview, United States?

What is the occupancy rate of Airbnb in Shoreview, United States?

What is the average daily rate of Airbnb in Shoreview, United States?

United States

Shoreview, Airbnb Market Statistics & Data, United States

A typical short-term rental listing in Shoreview is booked for 226 nights a year, with a median occupancy rate of 62% and an average daily rate of $184. In 2023, a typical host income (annual revenue) was $42K. As of 12th September, 2024, there are 13 active Airbnb listings.

Average Revenue: $42K/yr
Occupancy Rate
62%
Avg Daily Rate
$184
Mid Scale
No. of Listings
23
Small
Regulation
Lenient
Best Month
July
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
$1,588
Average
$3,717
High
$6,069



Is Airbnb Profitable in Shoreview?

Yes, there is good short-term rental demand. A 62% 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 Shoreview

Short-term rental regulation is lenient in Shoreview. 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 Shoreview
A typical listing recorded a 62% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution.
You can find the distribution graph of daily rate and revenue in our market dashboard.
Occupancy Rate: 62%
13 Active Listings
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Explore Shoreview's Airbnb Data
market map image
Best Areas in Shoreview for Airbnb
Are you wondering where to invest in Shoreview? Look no further!
  1. Como Park Zoo and Conservatory
  2. Minnesota State Capitol
  3. Science Museum of Minnesota
  4. Xcel Energy Center
  5. Mall of America
  6. Minnehaha Park
  7. Mill City Museum
  8. Walker Art Center
  9. Minneapolis Institute of Art
  10. Guthrie Theater
Top demand Airbnb in Shoreview
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 13 listings.
listing_image
Private room & 1 Bed
⭐5.0 (108)
Private lower level suite with garage space
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$58
Daily Rate
View Listing
listing_image
Entire home & 2 Bed
⭐4.9 (33)
124 Tranquil home in a resort-like setting 2bd/2ba
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$195
Daily Rate
View Listing
listing_image
Entire home & 2 Bed
⭐4.8 (42)
Urban Retreat in Shoreview 2bd/2ba Home 115L
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$184
Daily Rate
View Listing
listing_image
Entire home & 2 Bed
⭐4.8 (82)
Quiet, spacious 2 bedroom suite.
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$87
Daily Rate
View Listing
See 13 listing Statistics
Other short-term rental market data in Shoreview
Here is a breakdown of short-let properties in Shoreview. 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.
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Amenities
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