Spruce grove
Airbnb Market Statistics & Data
Canada

Is it profitable to do Airbnb in Spruce grove, Canada?

What is the occupancy rate of Airbnb in Spruce grove, Canada?

What is the average daily rate of Airbnb in Spruce grove, Canada?


Last updated on: 15th May, 2024



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Canada / Spruce grove
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.
Without further ado, let's see if Spruce grove is good for Airbnb.

Is Airbnb Profitable in Spruce grove ?

Yes, there is a good short-term rental demand.
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Occupancy Rate

68%

CA$141

Daily Rate

CA$32K

Revenue (2023)

34

Number of Listings
A typical short-term rental listing in Spruce grove is booked for 248 nights a year, with a median occupancy rate of 68% and an average daily rate of CA$141. In Spruce grove, A typical host income (annual revenue) was CA$32K in 2023. There are 34 active Airbnb listings as of 2024-04-15.
A 68% median occupancy rate is considered a good market to do an Airbnb. Take professional photos of your property, get a few good reviews on Airbnb, then you are likely to make good income.
Okay, you might wonder about more specific data. 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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Explore Spruce grove's Airbnb Data ⟶