Airbnb Market Analytics & Investment Insights
Annual Revenue
$28,000
Based on 54 full time Airbnb rentals
Average Daily Rate
$110
Gross Yield
As of October of 2024, Homes in 64118 ZIP Code have appreciated by 3.64%, with the median home value standing at $255,057, according to Zillow.
There are currently 54 active short-term rentals in 64118 ZIP Code. The average daily rate for these rentals is $110. This translates to an annual revenue of $28,000 for short-term rentals as of October of 2024.
64118 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
$110
Occupancy Rate Trend
70%
Let our agents guide you to the best short-term rental investments in Kansas City, MO
As of October of 2024, the average gross yield for short-term rentals in 64118 ZIP Code is 10.94%. However, potential investors should also consider the average property tax, which stands at 1.28% according to SmartAsset.
The median household income in 64118 is $58,231.
As of October of 2024, the occupancy rate for Airbnb rentals in 64118 is 70%, which is higher than the average occupancy rate for the United States.
Discover the leading hosts in Kansas City ranked by guest ratings and active listings. These hosts combine scale with exceptional guest satisfaction, setting the benchmark for success.
Kristen leads the market with 47 active listings and maintains an exceptional 4.98 average guest rating.
Adam leads the market with 24 active listings and maintains an exceptional 4.97 average guest rating.
Ashley leads the market with 22 active listings and maintains an exceptional 4.98 average guest rating.
These top performers serve as benchmarks for what drives success in Kansas City'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 64118 ZIP Code is 4.2%, which is higher than the national average of 4.1%.
The most impactful amenities for short-term rentals in 64118 include a Sauna, Hot tub, and Bidet.
64118 ZIP Code is a popular destination for travelers, with Airbnb demand coming from cities like Kansas City, MO (4.71% of all guests), St. Louis, MO (2.65% of all guests), and Omaha, NE (2.33% of all guests).
The top short-term rental hosts in 64118 ZIP Code include Kristen, Adam and Ashley. These hosts have an average rating of 4.98, 4.97 and 4.98 respectively.
The most popular property types in 64118 ZIP Code are 2-bedroom units, with an average daily rate of $110 and an annual revenue of $29,561.
The average booking lead time for short-term rentals in 64118 ZIP Code is 58 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.
10.94%
Occupancy Rate
70%