The vacation rental market is growing in popularity and for a good reason. When done correctly, renting out your home or a portion of it can provide an excellent source of supplemental income. And, with the advent of platforms like Airbnb, it's easier to get started.
But not all Airbnb markets are the same. Some have higher demand, others have stricter regulations, and others have a more competitive landscape. So, if you're considering getting into the Airbnb game, it's essential to research and choose a market that will give you the best chance for success.
If in case you're interested in becoming an Airbnb host, you might wonder about the best markets for renting out. These are seven of the best Airbnb markets in 2022:
Los Angeles is one of the most active marketplaces in the United States. Currently, there are 45,815 listings in Los Angeles, California. The typical listing is $290, and the average monthly revenue is $16,390. It is considered an excellent destination for Airbnb rentals since visitors can experience the city's many attractions, shopping, eating, and nightlife.
New York City is another best Airbnb market, with over 39,881 listings. The average daily rate for an Airbnb rental is $198, making it a great option for Airbnb renters looking for an exciting and vibrant city experience. There are endless things to do in New York City, from exploring world-famous museums to walking through Central Park.
With 6,629 Airbnb listings, call San Francisco one of the best Airbnb locations in the United States, with a typical Airbnb listing of $303 per night. If you want an unforgettable Airbnb experience, San Francisco is the place to go. Some of the city's most fascinating districts are the Mission and Haight-Ashbury.
Having 5,904 listings, Seattle is a well-known Airbnb market. In Seattle, the average nightly fee for an Airbnb accommodation is $185. Seattle is an excellent place for individuals seeking an urban experience with easy access to nature, parks to visit, and a wide range of businesses and restaurants.
With nearly 7,414 listings, Chicago is another top Airbnb market in the United States. In Chicago, the average nightly fee for an Airbnb accommodation is $212. It is ideal for people seeking a laid-back and relaxed atmosphere. Aside from live music venues and pubs, Chicago offers a variety of outdoor activities.
Besides San Francisco and Seattle, Portland is another city with a large number of Airbnb listings. The typical price of an Airbnb in Portland is $182 per night. If you're bored with the usual big-city fare, Portland is the place to be. Aside from its many parks and open areas, Portland is also home to a wide selection of unique retailers and restaurants.
Due to its enormous population and considerable demand for short-term rentals, Dallas is another ideal Airbnb market. There are almost 6,546 Airbnb listings, with average nightly pricing of $223. Dallas is an excellent option if you want to enjoy well-curated museums and restaurants in the city.
Consider These Factors When Choosing An Airbnb Market
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If you're looking for a change of scenery and want to explore some new markets, Airbnb has you covered. With an ever-growing list of destinations to choose from, we've highlighted the seven best Airbnb markets in the US. Whether you're a first-time host or an experienced pro, Uplisting’s all-in-one platform can help make your rental business a success. Let us help you create 5-star guest experiences. Ready to get started? Avail our 14-day trial!
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