Philadelphia Airbnb Rental Market Data, Revenue and Occupancy Rates 2026

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Philadelphia Airbnb Rental Market Data, Revenue and Occupancy Rates 2026

Investment thesis

Why invest in Philadelphia, PA Airbnb rentals?

Philadelphia’s short-term rental market is defined by its accessibility and regulatory complexity, with a median annual revenue of $23,098 across 2,302 full-time listings. This figure sits atop a landscape characterized by a 42% median occupancy rate and a $134 ADR, translating to a gross yield of 9.7% against a median home value of $237,459. Nationally, Philadelphia ranks #159 for yield, a middle-of-the-pack position that belies the city’s potential for outsized returns in select clusters. Seasonality is moderate: revenue peaks in May at $2,313 and troughs in March at $1,286, a spread that underscores the market’s relative stability despite pronounced regulatory oversight and a high 15.5% lodging tax.

Product segmentation is stark. The 4BR segment, with 149 listings, generates $55,672 annually at a $366 ADR and 42% occupancy, making it a core product for investors seeking scale. Three-bedroom units (295 listings) also outperform the median, with $41,335 in annual revenue and a $282 ADR, but at a slightly lower 40%. These larger homes are concentrated in neighborhoods with strong demand drivers and are best navigated with local expertise—connect with a Chalet agent for block-level insights.

On the geographic axis, Center City West (19103) stands out: 98 listings here post a median annual revenue of $161,722, with a $185 ADR and 53% occupancy, yielding 34.1% off a $473,600 median home value. Northern Liberties (19123) and Bella Vista/Queen Village (19147) are also high-performing, with $40,679 and $20,474 median revenues, respectively, and occupancy rates that consistently eclipse the citywide figure. These clusters combine walkable amenities with favorable zoning, supporting a resilient revenue base even as compliance costs rise.

At scale, winners in Philadelphia are operators who can navigate both demand and regulatory friction. The guest mix is predominantly regional—13.4% of reviews originate from within Philadelphia, with New York and Washington, DC as the next largest feeder markets. Booking lead times average 47 days, and the typical stay is just under five nights, favoring flexible, professionally managed units. Investors who optimize for location, compliance, and product fit can outperform the median—run your numbers on the Chalet ROI calculator to model yield and risk.

Risks are concentrated around regulatory enforcement, high tax exposure, and modest home value appreciation. Philadelphia’s licensing regime is robust, with strict zoning for non-primary STRs and a 15.5% effective lodging tax. Regulatory compliance is non-negotiable and annual renewal is mandatory—review the Philadelphia STR regulations before acquiring. Home values moved +1.8% year-over-year, reflecting slow but positive appreciation. The seasonal trough in March brings revenue down to $1,286, with occupancy at 26%, underscoring the importance of cash flow management during shoulder months.

Philadelphia’s STR market is a yield play for compliance-savvy investors, with $23,098 as the baseline and regulatory execution as the key differentiator.

Monthly Revenue & Seasonality

Revenue per active listing in Philadelphia, PA, by month. Demand peaks Jun–Aug.

Monthly Revenue Trend

Revenue per active listing by month in Philadelphia, PA

$2,159

Season	Occ.	Revenue
Summer Jun–Aug	48%	$2,240
Spring Mar–May	46%	$2,010
Fall Sep–Nov	44%	$1,687
Winter Dec–Feb	38%	$1,762

Revenue by Bedroom Count

Annual revenue, occupancy, and ADR by bedroom configuration — Philadelphia runs mostly 1 Bedrooms, but 5 Bedrooms deliver the highest annual revenue.

Bedrooms	Listings	Occupancy	ADR	Annual Revenue
Studio	357	51%	$124	$22,955
1 BedroomMost common	2,403	46%	$114	$19,338
2 Bedroom	922	45%	$203	$33,387
3 Bedroom	485	40%	$282	$41,335
4 Bedroom	249	42%	$366	$55,672
5 BedroomRecommended	75	53%	$473	$92,077