What is the average income of an Airbnb host?

Airbnb Income Insights

Average Airbnb Host Income

So, you're thinking about becoming an Airbnb host? Let's talk money. On average, hosts rake in about $1,150 a month. But don't get too comfy with that number—your earnings can swing up or down based on where your property is and how you price it. Here's a quick look at what you might expect:

Want to squeeze more cash out of your listing? Check out our tips on making the most money on Airbnb.

New Airbnb Host Earnings

In 2021, new Airbnb hosts in the US pocketed over $1.8 billion. That's a 34% jump from 2019! This shows that short-term rentals are becoming a hot way to make some extra dough—or even a full-time gig. Here's a snapshot of the earnings:

Thinking about jumping in? We've got a handy guide on starting your Airbnb business.

Knowing what you can earn and seeing the potential for new hosts can help you decide if Airbnb is your next big move. Curious about how profitable it can be? Dive into our article on the average ROI for Airbnb.

Boosting Your Airbnb Earnings

What Affects Your Airbnb Income?

Want to make more money with your Airbnb? Here’s what you need to know:

1. Location: Where your property is located makes a huge difference. Places that are out of the way or have higher crime rates usually bring in less cash. Do your homework and pick the best place to buy property for Airbnb.

2. Property Type: Renting out a whole apartment is usually more profitable than just a room. For example, full apartment rentals in cities like San Diego and Miami can bring in between $15,000 and $31,000 after expenses. If you want to make the most money, consider investing in properties that you can rent out entirely.

3. Amenities: High-quality amenities can really boost your income. Think superfast Wi-Fi, fully equipped kitchens, and comfy lounge areas. These extras can make your listing stand out, leading to better reviews and higher prices (BiggerPockets).

4. Operating Expenses: Keep an eye on your costs. Utilities, cleaning services, and maintenance can eat into your profits. But remember, many of these expenses are tax-deductible, which can help balance things out.

5. Airbnb Fees: Airbnb takes a 3% cut per booking. You can also charge extra for additional guests and pets to keep your prices competitive and maximize earnings. For more details, check out our article on airbnb commission.

Making Guests Happy

Happy guests mean more money. Here’s how to keep them smiling:

1. Cleanliness and Comfort: Make sure your place is spotless and cozy. Cleanliness leads to good reviews and repeat bookings. Invest in comfy furniture and quality bedding to make guests feel at home.

2. Clear Communication: Be quick and clear when communicating with guests. Answer their questions and address concerns promptly. Good communication can lead to better reviews and more bookings.

3. Thoughtful Amenities: Little extras can make a big difference. Think about providing a welcome basket with snacks, toiletries, and local info. High-speed Wi-Fi, streaming services, and a well-stocked kitchen can also make guests happy.

4. Personal Touches: Small personal touches can make guests feel special. Leave a handwritten welcome note or recommend local attractions and dining spots. These little things can leave a lasting impression and encourage positive reviews.

5. Safety and Security: Make sure your property is safe. Install smoke detectors, carbon monoxide detectors, and secure locks. Highlight these safety features in your listing to reassure potential guests.

Focus on these factors and improve the guest experience to boost your Airbnb income. For more tips, check out our articles on successful Airbnb and make the most money on Airbnb.