Is it profitable to do Airbnb in Wyandotte, The United States?
What is the occupancy rate of Airbnb in Wyandotte, The United States?
What is the average daily rate of Airbnb in Wyandotte, The United States?
The United States / Wyandotte
Wyandotte, Airbnb Market Statistics & Data, The United States
A typical short-term rental listing in Wyandotte is booked for 248 nights a year, with a median occupancy rate of 68% and an average daily rate of $136. In 2023, a typical host income (annual revenue) was $34K. As of 12th September, 2024, there are 25 active Airbnb listings.
Average Revenue: $34K/yr
Occupancy Rate
68%
Avg Daily Rate
$136
Mid Scale
No. of Listings
34
Small
YoY Revenue Change
18.63%
Best Month
April
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
$1,628
Average
$2,606
High
$3,644
Is Airbnb Profitable in Wyandotte?
Yes, there is good short-term rental demand. A 68% 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 Wyandotte
Short-term rental regulation is lenient in Wyandotte. 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 Wyandotte
A typical listing recorded a 68% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 4.28% 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: 68%
25 Active Listings
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Explore Wyandotte's Airbnb Data ⟶
Best Areas in Wyandotte for Airbnb
Are you wondering where to invest in Wyandotte? Look no further!
- Detroit River International Wildlife Refuge
- Riverside Kayak Connection
- Humbug Marsh
- Wyandotte Shores Golf Course
- Elizabeth Park
- James C. I Petersen Wildlife Refuge
- Bishop Park
- Yack Arena
- Henry Ford Estate
- Gibraltar Trade Center
Top demand Airbnb in Wyandotte
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.
See 25 listing Statistics
Other short-term rental market data in Wyandotte
Here is a breakdown of short-let properties in Wyandotte. 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