How much can you earn with Airbnb in Echo Park (Los Angeles) in 2024 - Market Analysis
In June, there were 362 active listings, marking a 5.7% decrease from the previous month.
How much can you earn with Airbnb in Echo Park (Los Angeles) in 2024 - Average Nightly Prices
The average price per night in Echo Park (Los Angeles) over the past 12 months was 109$.
This value is influenced by various factors, including the property’s location, size, features, and services offered. Moreover, prices can vary significantly based on season and local events.
- In June, the average price for a whole house type was 166$.
- In June, the average price for a room type was 60$.
How much can you earn with Airbnb in Echo Park (Los Angeles) in 2024 - Occupancy Rate
The occupancy rate plays a crucial role in determining earnings from Airbnb.
In Echo Park (Los Angeles), the average occupancy rate is 66.3%.
This means that for most of the year, properties on Airbnb have a good chance of being booked.
How much can you earn with Airbnb in Echo Park (Los Angeles) in 2024 - Average Monthly Revenue
The average monthly revenue for an Airbnb property in Echo Park (Los Angeles) is estimated at 2168$.
By analyzing the average price per night and the occupancy rate, the overview clearly indicates the potential monthly earnings and investment opportunities.
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