Airbnb Market Analytics & Investment Insights
Annual Revenue
$38,085
Based on 6503 full time Airbnb rentals
Average Daily Rate
$214
Gross Yield
4.95%
Occupancy Rate
64%
As of October of 2024, Homes in 29928 ZIP Code have appreciated by 2.23%, with the median home value standing at $768,092, according to Zillow.
There are currently 6,503 active short-term rentals in 29928 ZIP Code. The average daily rate for these rentals is $214. This translates to an annual revenue of $38,085 for short-term rentals as of October of 2024.
29928 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
$214
Occupancy Rate Trend
64%
Let our agents guide you to the best short-term rental investments in Hilton Head Island, SC
As of October of 2024, the average gross yield for short-term rentals in 29928 ZIP Code is 4.95%. However, potential investors should also consider the average property tax, which stands at 0.52% according to SmartAsset.
The median household income in 29928 is $58,231.
As of October of 2024, the occupancy rate for Airbnb rentals in 29928 is 64%, which is higher than the average occupancy rate for the United States.
Discover the leading hosts in Hilton Head Island ranked by guest ratings and active listings. These hosts combine scale with exceptional guest satisfaction, setting the benchmark for success.
Vacasa South Carolina leads the market with 285 active listings and maintains an exceptional 4.61 average guest rating.
Beach Properties leads the market with 175 active listings and maintains an exceptional 4.82 average guest rating.
VacayHome Connect leads the market with 173 active listings and maintains an exceptional 4.46 average guest rating.
These top performers serve as benchmarks for what drives success in Hilton Head Island'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 29928 ZIP Code is 5.2%, which is higher than the national average of 4.1%.
The most impactful amenities for short-term rentals in 29928 include a Bidet, Ping pong table, and Mini fridge.
29928 ZIP Code is a popular destination for travelers, with Airbnb demand coming from cities like Atlanta, GA (3.84% of all guests), Charlotte, NC (3.34% of all guests), and New York, NY (1.34% of all guests).
The top short-term rental hosts in 29928 ZIP Code include Vacasa South Carolina, Beach Properties and VacayHome Connect. These hosts have an average rating of 4.61, 4.82 and 4.46 respectively.
The most popular property types in 29928 ZIP Code are 2-bedroom units, with an average daily rate of $214 and an annual revenue of $66,970.
The average booking lead time for short-term rentals in 29928 ZIP Code is 71 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.