Airbnb Market Analytics & Investment Insights
Annual Revenue
$31,412
Based on 5984 full time Airbnb rentals
Average Daily Rate
$355
Gross Yield
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.
10.10%
Occupancy Rate
57%
Place a Chicago, IL Airbnb in service before 12/31 and claim 100% bonus depreciation.
Yes — operating a short-term rental in Chicago, IL can be highly profitable. Chicago, IL Airbnb listings sees consistent guest demand, with Airbnb hosts earning an average annual revenue of $31,412 and achieving a 57% occupancy rate. With around 5,984 active vacation rentals on the market, Chicago, IL offers strong opportunity for investors while still avoiding the oversaturation seen in some larger U.S. cities.
According to Zillow's Home Value Index Methodology, homes in Chicago, IL have appreciated by 1.62% over the last year.
As of September 2025, the Zillow Home Value Index shows a typical home value of $311,033 in Chicago, IL.
There are 5,984 active short-term rentals, with an average daily rate of $355, resulting in an approximate annual revenue of $31,412 per property.
From the occupancy rate standpoint and demand data, April, October, and December are the top performing months in Chicago. The occupancy rate in April is 66% and average daily rate is $457. The occupancy rate in October is 66% and average daily rate is $319. The occupancy rate in December is 65% and average daily rate is $292.
Chicago, IL is considered Investor-Friendly for short-term investments. See Chicago, IL Rental Regulations for more information.
Average Daily Rate Trend
$355
Occupancy Rate Trend
57%
Monthly Occupancy Rate Trend
66%
Monthly Average Daily Rate Trend
$457
Let our agents guide you to the best short-term rental investments in Chicago, IL
Active Short-Term Rentals
5,984
Before setting up an Airbnb in Chicago, IL, it's essential to review the city's short-term rental regulations. Platforms like Airbnb and Vrbo are popular inChicago, IL, but hosts should understand how local policies may apply to their property.
Overall, Chicago, IL's regulations are considered relatively host-friendly, though certain neighborhoods may be subject to zoning restrictions. In some cases, property owners may need to register their rental with the city and comply with limits on the number of permits a single host can hold. Additionally, short-term rental operators are required to pay local lodging and Airbnb-related taxes to remain compliant.
For a complete breakdown, visit our guide to Airbnb laws in Chicago, IL
Short-term rentals in Chicago, IL offer an average gross yield of 10.10%, with a typical property tax of 2.02%—source: SmartAsset Property Tax Calculator.
The median household income in Chicago, IL is $80,547.
The occupancy rate for Airbnb rentals in Chicago, IL is 57%, which is higher than the average occupancy rate for the United States of 54%.
The most popular type is 1-bedroom with an average daily rate of $186 and an average yearly revenue of $41,355.
Unemployment in Chicago, IL is 5.1%, which is higher than the U.S. average of 4.1%.
Discover the leading hosts in Chicago, IL ranked by guest ratings and active listings. These hosts combine scale with exceptional guest satisfaction, setting the benchmark for success.
Blueground leads the market with 358 active listings and maintains an exceptional 4.54 average guest rating.
Cloud9 leads the market with 78 active listings and maintains an exceptional 4.89 average guest rating.
Milan leads the market with 68 active listings and maintains an exceptional 4.96 average guest rating.
These top performers serve as benchmarks for what drives success in Chicago, IL'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
Chicago, IL is a popular destination for travelers, with Airbnb demand coming from cities like Chicago (7.33% of all guests), New York (2.73% of all guests), and Los Angeles (1.89% of all guests).
The average booking lead time for short-term rentals in Chicago, IL is 57 days.
The top short-term rental hosts in Chicago, IL include Blueground, Cloud9 and Milan. These hosts have an average rating of 4.54, 4.89 and 4.96 respectively.
| Bedrooms | Listings | Occupancy | Average Daily Rate | Annual Revenue |
|---|---|---|---|---|
| Studio | 40 | 60% | $112.32 | $24,598 |
| 1 Bedroom | 2246 | 61% | $185.74 | $41,355 |
| 2 Bedroom | 1618 | 60% | $315.03 | $68,992 |
| 3 Bedroom | 982 | 55% | $429.05 | $86,132 |
| 4 Bedroom | 374 | 50% | $671.87 | $122,616 |
| 5 Bedroom | 116 | 50% | $978.83 | $178,636 |
Looking for the most profitable areas to invest in Chicago, IL short-term rentals? These neighborhoods stand out for strong returns and steady demand.
These top-performing neighborhoods combine solid occupancy with competitive daily rates, making them some of Chicago, IL's most promising Airbnb investment opportunities. Their success serves as a benchmark for what drives profitability in the local market.
Explore detailed analytics for every neighborhood in Chicago, IL. Click on any zipcode to view comprehensive data including occupancy rates, revenue projections, and investment potential.
| Rank | Neighborhood (Zipcode) | Gross Yield | Annual Revenue | Active Listings | Median Home Value |
|---|---|---|---|---|---|
| 1 | 60603 | 14% | $46,438 | 20 | $331K |
| 2 |
Zipcode Analytics
Click on any zipcode to view detailed analytics for that area. Data includes occupancy rates, seasonal trends, and investment projections.
Thinking about investing in a Chicago, IL short-term rental? Chalet Airbnb revenue calculator helps you quickly estimate how much you could earn in any neighborhood across the city. Get instant, data-backed insights into occupancy, daily rates, and annual revenue to identify the most profitable Airbnb opportunities in Chicago, IL.
Calculate Your Income PotentialConnect with a lender specializing in short-term rentals in Chicago, IL
| 60604 |
| 12% |
| $36,783 |
| 12 |
| $303K |
| 3 | 60628 | 9% | $12,900 | 41 | $148K |
| 4 | 60605 | 9% | $28,552 | 147 | $333K |
| 5 | 60601 | 8% | $28,273 | 84 | $346K |
| 6 | 60621 | 8% | $9,532 | 45 | $118K |
| 7 | 60620 | 7% | $12,535 | 26 | $175K |
| 8 | 60606 | 7% | $20,889 | 23 | $300K |
| 9 | 60602 | 7% | $17,164 | 38 | $262K |
| 10 | 60611 | 6% | $19,975 | 258 | $337K |
| 11 | 60649 | 6% | $8,040 | 90 | $140K |
| 12 | 60619 | 5% | $9,294 | 80 | $169K |
| 13 | 60644 | 5% | $11,392 | 41 | $211K |
| 14 | 60616 | 5% | $17,370 | 455 | $323K |
| 15 | 60615 | 5% | $13,575 | 189 | $254K |
| 16 | 60655 | 5% | $17,187 | 5 | $321K |
| 17 | 60613 | 5% | $16,200 | 342 | $325K |
| 18 | 60610 | 5% | $16,700 | 198 | $350K |
| 19 | 60654 | 5% | $16,782 | 192 | $351K |
| 20 | 60607 | 5% | $19,055 | 177 | $406K |
| 21 | 60660 | 5% | $12,476 | 150 | $277K |
| 22 | 60638 | 4% | $13,878 | 20 | $315K |
| 23 | 60656 | 4% | $15,560 | 21 | $366K |
| 24 | 60633 | 4% | $8,119 | 5 | $194K |
| 25 | 60624 | 4% | $8,475 | 104 | $204K |
| 26 | 60643 | 4% | $9,374 | 41 | $227K |
| 27 | 60639 | 4% | $12,698 | 71 | $319K |
| 28 | 60626 | 4% | $9,593 | 180 | $242K |
| 29 | 60636 | 4% | $5,149 | 24 | $130K |
| 30 | 60651 | 4% | $10,248 | 60 | $264K |
| 31 | 60612 | 4% | $13,038 | 336 | $355K |
| 32 | 60623 | 4% | $7,735 | 89 | $217K |
| 33 | 60637 | 4% | $8,329 | 278 | $237K |
| 34 | 60659 | 3% | $11,739 | 74 | $347K |
| 35 | 60614 | 3% | $20,386 | 356 | $610K |
| 36 | 60661 | 3% | $10,780 | 60 | $324K |
| 37 | 60642 | 3% | $16,672 | 332 | $535K |
| 38 | 60653 | 3% | $10,230 | 209 | $334K |
| 39 | 60640 | 3% | $9,760 | 231 | $337K |
| 40 | 60617 | 3% | $4,680 | 72 | $173K |
| 41 | 60632 | 3% | $7,434 | 53 | $276K |
| 42 | 60645 | 3% | $7,568 | 93 | $291K |
| 43 | 60657 | 3% | $12,290 | 485 | $478K |
| 44 | 60647 | 3% | $13,707 | 615 | $536K |
| 45 | 60608 | 3% | $9,118 | 453 | $358K |
| 46 | 60622 | 3% | $15,239 | 546 | $603K |
| 47 | 60634 | 2% | $8,963 | 84 | $364K |
| 48 | 60625 | 2% | $9,680 | 215 | $395K |
| 49 | 60641 | 2% | $9,500 | 141 | $394K |
| 50 | 60652 | 2% | $6,277 | 11 | $264K |
| 51 | 60618 | 2% | $12,520 | 417 | $534K |
| 52 | 60629 | 2% | $6,162 | 18 | $263K |
| 53 | 60609 | 2% | $5,845 | 117 | $253K |
| 54 | 60630 | 2% | $8,390 | 149 | $400K |
| 55 | 60631 | 1% | $5,825 | 29 | $442K |
| 56 | 60646 | 1% | $6,840 | 44 | $529K |
Click any zipcode above to explore detailed analytics for that specific neighborhood in Chicago, IL. Each neighborhood page includes comprehensive data on occupancy rates, seasonal trends, and investment projections.