Is it profitable to do Airbnb in State College, The United States?
What is the occupancy rate of Airbnb in State College, The United States?
What is the average daily rate of Airbnb in State College, The United States?
The United States / State College
State College, Airbnb Market Statistics & Data, The United States
A typical short-term rental listing in State College is booked for 226 nights a year, with a median occupancy rate of 62% and an average daily rate of $362. In 2023, a typical host income (annual revenue) was $67K. As of 12th September, 2024, there are 161 active Airbnb listings.
Average Revenue: $67K/yr
Occupancy Rate
62%
Avg Daily Rate
$362
Luxury
No. of Listings
298
Small
YoY Revenue Change
-0.0%
Best Month
September
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
$3,491
Average
$5,023
High
$8,540
Is Airbnb Profitable in State College?
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 State College
Short-term rental regulation is lenient in State College. 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.
We made a guide on things you need to know before starting an Airbnb in The United States, learn how much it costs to start an Airbnb and if it’s profitable to start an Airbnb.
Average Airbnb Occupancy Rate in State College
A typical listing recorded a 62% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 5.64% 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: 62%
161 Active Listings
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Explore State College's Airbnb Data ⟶
Best Areas in State College for Airbnb
Are you wondering where to invest in State College? Look no further!
- Penn State University
- Beaver Stadium
- Mount Nittany
- Palmer Museum of Art
- Discovery Space of Central Pennsylvania
- Tussey Mountain
- The Arboretum at Penn State
- Centre Furnace Mansion
- Bellefonte Art Museum for Centre County
- Whipple Dam State Park
Top demand Airbnb in State College
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 161 listings.
See 161 listing Statistics
Other short-term rental market data in State College
Here is a breakdown of short-let properties in State College. 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