Airbnb Market Analytics & Investment Insights
Annual Revenue
$25,239
Based on 1643 full time Airbnb rentals
Average Daily Rate
$157
Gross Yield
As of October of 2024, Homes in 77551 ZIP Code have depreciated by -1.65%, with the median home value standing at $268,661, according to Zillow.
There are currently 1,643 active short-term rentals in 77551 ZIP Code. The average daily rate for these rentals is $157. This translates to an annual revenue of $25,239 for short-term rentals as of October of 2024.
77551 ZIP Code is an investor-friendly location with short-term rental regulations favorable to those looking to invest in short-term rentals.
Average Daily Rate Trend
$157
Occupancy Rate Trend
49%
Let our agents guide you to the best short-term rental investments in Galveston, TX
As of October of 2024, the average gross yield for short-term rentals in 77551 ZIP Code is 9.44%. However, potential investors should also consider the average property tax, which stands at 1.62% according to SmartAsset.
The median household income in 77551 is $58,231.
As of October of 2024, the occupancy rate for Airbnb rentals in 77551 is 49%, which is lower than the average occupancy rate for the United States.
Discover the leading hosts in Galveston 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 395 active listings and maintains an exceptional 4.56 average guest rating.
Evolve leads the market with 151 active listings and maintains an exceptional 4.85 average guest rating.
Ryson Vacation Rentals leads the market with 134 active listings and maintains an exceptional 4.47 average guest rating.
These top performers serve as benchmarks for what drives success in Galveston'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 77551 ZIP Code is 4.7%, which is higher than the national average of 4.1%.
The most impactful amenities for short-term rentals in 77551 include a Changing table, Pool table, and Baby safety gates.
77551 ZIP Code is a popular destination for travelers, with Airbnb demand coming from cities like Houston, TX (16.25% of all guests), Austin, TX (5.65% of all guests), and Dallas, TX (3.98% of all guests).
The top short-term rental hosts in 77551 ZIP Code include Vacasa Texas, Evolve and Ryson Vacation Rentals. These hosts have an average rating of 4.56, 4.85 and 4.47 respectively.
The most popular property types in 77551 ZIP Code are 2-bedroom units, with an average daily rate of $157 and an annual revenue of $34,065.
The average booking lead time for short-term rentals in 77551 ZIP Code is 51 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.
9.44%
Occupancy Rate
49%