This article provides an in-depth analysis of potential earnings from Airbnb in Morningside Heights, New York 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 Morningside Heights, New York in 2024 - Market Analysis
In July, there were 202 active listings, marking a 3.1% increase from the previous month.
How much can you earn with Airbnb in Morningside Heights, New York in 2024 - Average Nightly Prices
The average price per night in Morningside Heights, New York over the past 12 months was 110$.
This value is influenced by various factors, including the property’s location, size, features, and services offered. Moreover, prices can vary significantly based on season and local events.
- In July, the average price for a whole house type was 130$.
- In July, the average price for a room type was 75$.
How much can you earn with Airbnb in Morningside Heights, New York in 2024 - Occupancy Rate
The occupancy rate plays a crucial role in determining earnings from Airbnb.
In Morningside Heights, New York, the average occupancy rate is 61.7%.
This means that for most of the year, properties on Airbnb have a good chance of being booked.
How much can you earn with Airbnb in Morningside Heights, New York in 2024 - Average Monthly Revenue
The average monthly revenue for an Airbnb property in Morningside Heights, New York is estimated at 2036$.
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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