Airbnb Market Analytics & Investment Insights
Annual Revenue
$39,067
Based on 2214 full time Airbnb rentals
Average Daily Rate
$209
Gross Yield
As of October of 2024, Homes in 78702 zipcode have depreciated by -5.78%, with the median home value standing at $606,863, according to Zillow.
There are currently 2,214 active short-term rentals in 78702 zipcode. The average daily rate for these rentals is $209. This translates to an annual revenue of $50,786 for short-term rentals as of October of 2024.
78702 is an investor-friendly location with short-term rental regulations favorable to those looking to invest in short-term rentals.
Average Daily Rate Trend
$209
Occupancy Rate Trend
64%
Get matched with top Austin, TX realtors who specialize in short-term rentals — they know which neighborhoods actually cash flow and which to avoid.
As of October of 2024, the average gross yield for short-term rentals in 78702 zipcode is 6.47%. However, potential investors should also consider the average property tax, which stands at 1.77% according to SmartAsset.
The median household income in 78702 is $58,231.
As of October of 2024, the occupancy rate for Airbnb rentals in 78702 is 64%, which is higher than the average occupancy rate for the United States.
Discover the leading hosts in Austin ranked by guest ratings and active listings. These hosts combine scale with exceptional guest satisfaction, setting the benchmark for success.
Vacasa Texas leads the market with 158 active listings and maintains an exceptional 4.56 average guest rating.
RoomPicks leads the market with 92 active listings and maintains an exceptional 4.53 average guest rating.
David leads the market with 51 active listings and maintains an exceptional 4.95 average guest rating.
These top performers serve as benchmarks for what drives success in Austin's competitive short-term rental scene. Their strategies combine operational efficiency with outstanding guest experiences, making them the gold standard for aspiring hosts and property managers in the area.
10 hosts available
As of October of 2024 The unemployment rate in 78702 is 3.6%, which is lower than the national average of 4.1%.
The most impactful amenities for short-term rentals in 78702 include a Sauna, Lake access, and Hot tub.
78702 is a popular destination for travelers, with Airbnb demand coming from cities like Austin, TX (8.70% of all guests), Houston, TX (8.41% of all guests), and Dallas, TX (4.31% of all guests).
The top short-term rental hosts in 78702 include Vacasa Texas, RoomPicks and David. These hosts have an average rating of 4.56, 4.53 and 4.95 respectively.
The most popular property types in 78702 are 2-bedroom units, with an average daily rate of $209 and an annual revenue of $51,126.
The average booking lead time for short-term rentals in 78702 is 63 days.
Disclaimer
This page and the data presented are for informational purposes only. The information provided should not be construed as financial, legal, or investment advice. Market conditions can change rapidly, and past performance does not guarantee future results. Always consult with qualified professionals before making investment decisions.
6.47%
Occupancy Rate
64%