How Much Can You Earn With Airbnb in West Hollywood in 2024?

Map of West Hollywood
Map of West Hollywood
This article provides an in-depth analysis of potential earnings from Airbnb in West Hollywood 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 West Hollywood in 2024 - Market Analysis

In June, there were 895 active listings, marking a 26.7% decrease from the previous month.

Listing per Month in West Hollywood
Listing per Month in West Hollywood

How much can you earn with Airbnb in West Hollywood in 2024 - Average Nightly Prices

The average price per night in West Hollywood over the past 12 months was 165$.

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 212$.
  • In June, the average price for a room type was 134$.
Nightly rate in West Hollywood
Nightly rate in West Hollywood

How much can you earn with Airbnb in West Hollywood in 2024 - Occupancy Rate

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

In West Hollywood, the average occupancy rate is 46.9%.

How much can you earn with Airbnb in West Hollywood in 2024 - Average Monthly Revenue

The average monthly revenue for an Airbnb property in West Hollywood is estimated at 2321$.

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


Tip

Would you like to know more about the potential return on your property?

Estimate Free