What is Airbnb?
Airbnb is a popular short-term rental website that offers unique opportunities for hosts and guests alike. Airbnb is an experience platform and tour guide service that brings guests together with knowledgeable hosts for unique, hyperlocal activities - yoga classes at the Eiffel Tower, surfing lessons at Venice Beach, Harry Potter walks in London, or pasta classes in Rome.
Once you have your economic goals in mind to become an Airbnb host, you know what your space will look like and how much you are willing to contribute to its setup and maintenance, you can begin thinking about how you will fit into the local Airbnb market.
How Much Do Airbnb Hosts Make?
On average, before the pandemic, Airbnb hosts were making about $924 a month from hosting and $10 to $12,000 a year overall. The typical U.S. Airbnb host’s income increased 85% last year compared to 2019, averaging $13,800 per person, according to the latest data.
Airbnb hosts who hosted at least one guest in the first six months of 2021 earned an average of $9,600 per year, according to Airbnb. This is the expected average annual return for Airbnb hosts renting out an apartment or two-bedroom house in the 15 cities surveyed by SmartAsset.