Is it profitable to do Airbnb in Wheat Ridge, The United States?
What is the occupancy rate of Airbnb in Wheat Ridge, The United States?
What is the average daily rate of Airbnb in Wheat Ridge, The United States?
The United States / Wheat Ridge
Wheat Ridge, Airbnb Market Statistics & Data, The United States
A typical short-term rental listing in Wheat Ridge is booked for 266 nights a year, with a median occupancy rate of 73% and an average daily rate of $160. In 2023, a typical host income (annual revenue) was $43K. As of 12th September, 2024, there are 293 active Airbnb listings.
Average Revenue: $43K/yr
Occupancy Rate
73%
Avg Daily Rate
$160
Mid Scale
No. of Listings
360
Small
YoY Revenue Change
16.99%
Best Month
June
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
$2,746
Average
$3,583
High
$4,666
Is Airbnb Profitable in Wheat Ridge?
Yes, there is good short-term rental demand. A 73% 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 Wheat Ridge
Short-term rental regulation is lenient in Wheat Ridge. 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 Wheat Ridge
A typical listing recorded a 73% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 2.82% 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: 73%
293 Active Listings
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Explore Wheat Ridge's Airbnb Data ⟶
Best Areas in Wheat Ridge for Airbnb
Are you wondering where to invest in Wheat Ridge? Look no further!
- Colorado Railroad Museum
- Prospect Park
- Wheat Ridge Lanes
- Anderson Park
- Johnny Z's Power Car
- Tennyson Street Cultural District
- Applewood Golf Course
- Lakeside Amusement Park
- Clear Creek Trail
- Crown Hill Park
Top demand Airbnb in Wheat Ridge
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 293 listings.
See 293 listing Statistics
Professional Short-term rental property managers in Wheat Ridge
We've compiled a list of host profiles that manage the most Airbnb properties in Wheat Ridge. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Wheat Ridge
Here is a breakdown of short-let properties in Wheat Ridge. 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