With that in mind, hosting is not only a job in keeping your property maintained and in attractive condition at all times, but it also takes a lot of time and energy especially if you own more than one or two properties.Īirbnb is in the hospitality business, which requires you, as a host, to be available to respond to guests at any time - and if a guest is staying at your property, you need 24/7 availability. In comparison to traditional renting, Airbnb takes more work and effort. In some cases, Airbnb hosts can work full-time if their income is good enough. In short, you can double your Airbnb income with a fully rented property. This means you’d make $16,920 more than you would through traditional renting. So if you calculate $160 per night for a total of 270 nights per year, you’d have a gross revenue of $43,200. For instance, if you look at an average apartment in Seattle, rent is $2,190 a month, and the total gross income for a year would be $26,280.īut if the same apartment was rented out on Airbnb, the average daily rate in Seattle is about $160 per night with an occupancy rate of 77%. Unlike traditional rentals, Airbnb rental is often more profitable as you’re able to charge more on a nightly basis.

Airbnb Can Be More Lucrative Than Traditional Renting

Long term air b and b