Is it profitable to do Airbnb in Westwood, The United States?

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

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

Westwood, Airbnb Market Statistics & Data, The United States

A typical short-term rental listing in Westwood is booked for 172 nights a year, with a median occupancy rate of 47% and an average daily rate of $124. In 2023, a typical host income (annual revenue) was $21K. As of 12th September, 2024, there are 25 active Airbnb listings.

Average Revenue: $21K/yr
Occupancy Rate
47%
Avg Daily Rate
$124
Mid Scale
No. of Listings
28
Small
YoY Revenue Change
-27.44%
Best Month
August
Regulation
Lenient
Learn More >
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
$640
Average
$1,775
High
$2,895



Is Airbnb Profitable in Westwood?

Yes, there is good short-term rental demand. A 47% 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 Westwood

Short-term rental regulation is lenient in Westwood. 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 Westwood
A typical listing recorded a 47% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 6.13% 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.
Occupancy Rate: 47%
25 Active Listings
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Explore Westwood's Airbnb Data
market map image
Best Areas in Westwood for Airbnb
Are you wondering where to invest in Westwood? Look no further!
  1. Beverly Hills
  2. Santa Monica
  3. Hollywood
  4. Venice Beach
  5. Malibu
  6. Rodeo Drive
  7. Getty Center
  8. Griffith Observatory
  9. The Grove
  10. La Brea Tar Pits
Top demand Airbnb in Westwood
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 25 listings.
listing_image
Entire home & 3 Bed
⭐5.0 (51)
Entire house; better than a motel
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$111
Daily Rate
View Listing
listing_image
Entire home & 3 Bed
⭐4.5 (98)
Family Home at Lassen West Village
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$117
Daily Rate
View Listing
See 25 listing Statistics
Professional Short-term rental property managers in Westwood
We've compiled a list of host profiles that manage the most Airbnb properties in Westwood. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
NameListingsRatingRevenue
Mark74.6$1,23,234
Other short-term rental market data in Westwood
Here is a breakdown of short-let properties in Westwood. 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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