How Much Can You Earn With Airbnb in Sherman Oaks (Los Angeles) in 2024?

This article provides an in-depth analysis of potential earnings from Airbnb in Sherman Oaks (Los Angeles) during 2024, based on current data such as the average price per night, monthly revenue, and occupancy rate.

How much can you earn with Airbnb in Sherman Oaks (Los Angeles) in 2024 - Market Analysis

In June, there were 420 active listings, marking a 12.3% decrease from the previous month.

How much can you earn with Airbnb in Sherman Oaks (Los Angeles) in 2024 - Average Nightly Prices

The average price per night in Sherman Oaks (Los Angeles) over the past 12 months was 158$.

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 277$.
• In June, the average price for a room type was 80$.

How much can you earn with Airbnb in Sherman Oaks (Los Angeles) in 2024 - Occupancy Rate

The occupancy rate plays a crucial role in determining earnings from Airbnb.

In Sherman Oaks (Los Angeles), the average occupancy rate is 53.2%.

How much can you earn with Airbnb in Sherman Oaks (Los Angeles) in 2024 - Average Monthly Revenue

The average monthly revenue for an Airbnb property in Sherman Oaks (Los Angeles) is estimated at 2521$.

By analyzing the average price per night and the occupancy rate, the overview clearly indicates the potential monthly earnings and investment opportunities.