Annual Revenue
$28,526
Based on 489 full time Airbnb rentals
Average Daily Rate
$136
Gross Yield
6.16%
Occupancy Rate
65%
As of October of 2024, Homes in 28803 ZIP Code have appreciated by 3.27%, with the median home value standing at $462,046, according to Zillow.
There are currently 489 active short-term rentals in 28803 ZIP Code. The average daily rate for these rentals is $136. This translates to an annual revenue of $28,526 for short-term rentals as of October of 2024.
28803 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
$136
Occupancy Rate Trend
65%
As of October of 2024, the average gross yield for short-term rentals in 28803 ZIP Code is 6.16%. However, potential investors should also consider the average property tax, which stands at 0.65% according to SmartAsset.
The median household income in 28803 is $58,231.
As of October of 2024, the occupancy rate for Airbnb rentals in 28803 is 65%, which is higher than the average occupancy rate for the United States.
As of October of 2024 The unemployment rate in 28803 ZIP Code is 3.4%, which is lower than the national average of 4.1%.
The most impactful amenities for short-term rentals in 28803 include a Ski-in/Ski-out, Pool table, and Ping pong table.
28803 ZIP Code is a popular destination for travelers, with Airbnb demand coming from cities like Charlotte, NC (4.74% of all guests), Atlanta, GA (4.06% of all guests), and Raleigh, NC (2.96% of all guests).
The top short-term rental hosts in 28803 ZIP Code include Yonder, Evolve and Towns. These hosts have an average rating of 4.91, 4.85 and 4.99 respectively.
The most popular property types in 28803 ZIP Code are 2-bedroom units, with an average daily rate of $136 and an annual revenue of $40,548.
The average booking lead time for short-term rentals in 28803 ZIP Code is 57 days.
Let our agents guide you to the best short-term rental investments in Asheville, NC
