Airbnb Market Analytics & Investment Insights
Annual Revenue
$27,826
Based on 189 full time Airbnb rentals
Average Daily Rate
$163
Gross Yield
As of October of 2024, Homes in 29418 zipcode have appreciated by 5.27%, with the median home value standing at $304,002, according to Zillow.
There are currently 189 active short-term rentals in 29418 zipcode. The average daily rate for these rentals is $163. This translates to an annual revenue of $36,173 for short-term rentals as of October of 2024.
29418 is an investor-friendly location with short-term rental regulations favorable to those looking to invest in short-term rentals.
Average Daily Rate Trend
$163
Occupancy Rate Trend
59%
Get matched with top North Charleston, SC 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 29418 zipcode is 9.15%. However, potential investors should also consider the average property tax, which stands at 0.45% according to SmartAsset.
The median household income in 29418 is $58,231.
As of October of 2024, the occupancy rate for Airbnb rentals in 29418 is 58.5%, which is higher than the average occupancy rate for the United States.
Discover the leading hosts in North Charleston ranked by guest ratings and active listings. These hosts combine scale with exceptional guest satisfaction, setting the benchmark for success.
StayDuvet leads the market with 88 active listings and maintains an exceptional 4.94 average guest rating.
YourPad leads the market with 68 active listings and maintains an exceptional 4.94 average guest rating.
Win With Carolina One leads the market with 50 active listings and maintains an exceptional 4.86 average guest rating.
These top performers serve as benchmarks for what drives success in North Charleston'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 29418 is 2.7%, which is lower than the national average of 4.1%.
The most impactful amenities for short-term rentals in 29418 include a Boat slip, Kayak, and Baby safety gates.
29418 is a popular destination for travelers, with Airbnb demand coming from cities like Charlotte, NC (3.87% of all guests), New York, NY (2.93% of all guests), and Atlanta, GA (2.66% of all guests).
The top short-term rental hosts in 29418 include StayDuvet, YourPad and Win With Carolina One. These hosts have an average rating of 4.94, 4.94 and 4.86 respectively.
The most popular property types in 29418 are 2-bedroom units, with an average daily rate of $163 and an annual revenue of $29,193.
The average booking lead time for short-term rentals in 29418 is 48 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.
9.15%
Occupancy Rate
59%