Yellowknife Airbnb Market Analysis 2025: Short Term Rental Data & Vacation Rental Statistics in Northwest Territories, Canada
Is Airbnb profitable in Yellowknife in 2025? Explore comprehensive Airbnb analytics for Yellowknife, Northwest Territories, Canada to uncover income potential. This 2025 STR market report for Yellowknife, based on AirROI data from April 2024 to March 2025, reveals key trends in the niche market of 110 active listings.
Whether you're considering an Airbnb investment in Yellowknife, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the Yellowknife Airbnb data is crucial. Leveraging the low regulation environment is key to maximizing your short term rental income potential. Let's dive into the specifics.
Key Yellowknife Airbnb Performance Metrics Overview
Monthly Airbnb Revenue Variations & Income Potential in Yellowknife (2025)
Understanding the monthly revenue variations for Airbnb listings in Yellowknife is key to maximizing your short term rental income potential. Seasonality significantly impacts earnings. Our analysis, based on data from the past 12 months, shows that the peak revenue month for STRs in Yellowknife is typically September, while April often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in Yellowknife across different performance tiers:
- Best-in-class properties (Top 10%) achieve $5,727+ monthly, often utilizing dynamic pricing and superior guest experiences.
- Strong performing properties (Top 25%) earn $3,985 or more, indicating effective management and desirable locations/amenities.
- Typical properties (Median) generate around $2,428 per month, representing the average market performance.
- Entry-level properties (Bottom 25%) see earnings around $1,287, often with potential for optimization.
Average Monthly Airbnb Earnings Trend in Yellowknife
Yellowknife Airbnb Occupancy Rate Trends (2025)
Maximize your bookings by understanding the Yellowknife STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Septembersees the highest demand (peak season occupancy), while May experiences the lowest (low season). Effective strategies, like adjusting minimum stays or offering promotions, can boost occupancy during slower periods. Here's how different property tiers perform in Yellowknife:
- Best-in-class properties (Top 10%) achieve 89%+ occupancy, indicating high desirability and potentially optimized availability.
- Strong performing properties (Top 25%) maintain 78% or higher occupancy, suggesting good market fit and guest satisfaction.
- Typical properties (Median) have an occupancy rate around 60%.
- Entry-level properties (Bottom 25%) average 36% occupancy, potentially facing higher vacancy.
Average Monthly Occupancy Rate Trend in Yellowknife
Average Daily Rate (ADR) Airbnb Trends in Yellowknife (2025)
Effective short term rental pricing strategy in Yellowknife involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in Yellowknife typically peaks in January and dips lowest during May. Leveraging Airbnb dynamic pricing tools or strategies based on this seasonality can significantly boost revenue. Here's a look at the typical nightly rates achieved:
- Best-in-class properties (Top 10%) command rates of $262+ per night, often due to premium features or locations.
- Strong performing properties (Top 25%) achieve nightly rates of $179 or more.
- Typical properties (Median) charge around $117 per night.
- Entry-level properties (Bottom 25%) earn around $85 per night.
Average Daily Rate (ADR) Trend by Month in Yellowknife
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Airbnb Seasonality Analysis & Trends in Yellowknife (2025)
Peak Season (September, December, March)
- Revenue averages $3,318 per month
- Occupancy rates average 66.3%
- Daily rates average $150
Shoulder Season
- Revenue averages $2,942 per month
- Occupancy maintains around 58.6%
- Daily rates hold near $145
Low Season (April, May, November)
- Revenue drops to average $2,421 per month
- Occupancy decreases to average 43.1%
- Daily rates adjust to average $143
Seasonality Insights for Yellowknife
- The Airbnb seasonality in Yellowknife shows moderate seasonality with distinct peak and low periods. While the sections above show seasonal averages, it's also insightful to look at the extremes:
- During the high season, the absolute peak month showcases Yellowknife's highest earning potential, with monthly revenues capable of climbing to $3,629, occupancy reaching a high of 77.4%, and ADRs peaking at $157.
- Conversely, the slowest single month of the year, typically falling within the low season, marks the market's lowest point. In this month, revenue might dip to $2,345, occupancy could drop to 36.8%, and ADRs may adjust down to $137.
- Understanding both the seasonal averages and these monthly peaks and troughs in revenue, occupancy, and ADR is crucial for maximizing your Airbnb profit potential in Yellowknife.
Seasonal Strategies for Maximizing Profit
- Peak Season: Maximize revenue through premium pricing and potentially longer minimum stays. Ensure high availability.
- Low Season: Offer competitive pricing, special promotions (e.g., extended stay discounts), and flexible cancellation policies. Target off-season travelers like remote workers or budget-conscious guests.
- Shoulder Seasons: Implement dynamic pricing that balances peak and low rates. Target weekend travelers or specific events. Offer slightly more flexible terms than peak season.
- Regularly analyze your own performance against these Yellowknife seasonality benchmarks and adjust your pricing and availability strategy accordingly.
Best Areas for Airbnb Investment in Yellowknife (2025)
Exploring the top neighborhoods for short-term rentals in Yellowknife? This section highlights key areas, outlining why they are attractive for hosts and guests, along with notable local attractions. Consider these locations based on your target guest profile and investment strategy.
| Neighborhood / Area | Why Host Here? (Target Guests & Appeal) | Key Attractions & Landmarks |
|---|---|---|
| Old Town | Historic neighborhood with quaint streets and access to cultural sites. Ideal for travelers wanting to explore Yellowknife's history and local culture. | Prince of Wales Northern Heritage Centre, Old Town Boardwalk, Pilots' Monument, The Blue Range Lodge, Frame Lake |
| Niven Lake | A scenic area offering beautiful lake views and access to nature. Popular for its outdoor activities and close proximity to hiking trails. | Niven Lake Trail, Long Lake, Exploring Nature Park, Indigenous Art Walk, Rugged mountain biking trails |
| Franklin Avenue | The main street of Yellowknife, bustling with shops and restaurants. A convenient location for guests wanting to experience local cuisine and services. | Aurora Village, The Explorer Hotel, Café on Franklin, The Wildcat Cafe, Local arts and crafts shops |
| Latham Island | A quieter residential area with waterfront properties. Great for visitors seeking tranquility and beautiful views of Great Slave Lake. | Latham Island Loop, Boating and fishing opportunities, Wildlife watching, Access to boats and tours, Ice fishing in winter |
| Ingram Trail | Noted for its picturesque drives and access to wilderness. A good spot for guests looking to explore the natural beauty outside the city. | Great Slave Lake vistas, Hiking trails, Wildlife viewing, Canoeing opportunities, Cabins and lodges |
| Yellowknife Bay | Offers incredible views of the aurora borealis in winter and is culturally significant. Attracts travelers for winter activities and cultural experiences. | Great Slave Lake, Aurora viewing spots, Historic sites, Local festivals, Fishing charters |
| Back Bay | Known for its stunning scenery and outdoor activities. An excellent spot for eco-tourism and enjoying nature. | Back Bay Trail, Fishing in summer, Hiking and biking trails, Wildlife photography, Nature camps |
| Cambridge Bay | Is a gateway to the arctic wilderness, providing a distinct northern experience. Popular among adventure seekers and those interested in indigenous culture. | Arctic wilderness excursions, Cultural events, Historic buildings, Fishing and hunting lodges, Wildlife tours |
Understanding Airbnb License Requirements & STR Laws in Yellowknife (2025)
While Yellowknife, Northwest Territories, Canada currently shows low STR regulations, specific Airbnb license requirements might still exist or change. Always verify the latest short term rental regulations and Airbnb license requirements directly with local government authorities for Yellowknife to ensure full compliance before hosting.
(Source: AirROI data, 2025, finding no licensed listings among those analyzed)
Top Performing Airbnb Properties in Yellowknife (2025)
Benchmark your potential! Explore examples of top-performing Airbnb properties in Yellowknifebased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.
The Old Town Landing: Lakefront Retreat (Unit 300)
Entire Place • 3 bedrooms
Aurora Gardens
Entire Place • 3 bedrooms
See Aurora and lake from EVERY room! (2bd 2bth)
Entire Place • 2 bedrooms
Aurora Luxury Guest House
Entire Place • 3 bedrooms
The Old Town Landing: Lakefront Retreat (Unit 301)
Entire Place • 2 bedrooms
4-Bedroom Home in the Heart of Yellowknife
Entire Place • 4 bedrooms
Note: Performance varies based on location, size, amenities, seasonality, and management quality. Data reflects the past 12 months.
Top Performing Airbnb Hosts in Yellowknife (2025)
Learn from the best! This table showcases top-performing Airbnb hosts in Yellowknife based on the number of properties managed and estimated total revenue over the past year. Analyze their scale and performance metrics.
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| George | 3 | $258,307 | 71 | 5.00/5.0 |
| Ramin | 5 | $245,678 | 223 | 4.87/5.0 |
| Rami | 3 | $155,281 | 56 | 4.92/5.0 |
| Tamar | 2 | $120,791 | 147 | 4.95/5.0 |
| Jenny | 8 | $116,701 | 348 | 4.67/5.0 |
| Sasha | 2 | $107,850 | 259 | 4.99/5.0 |
| Leonard | 1 | $92,662 | 56 | 4.86/5.0 |
| Erin Tracy | 3 | $89,492 | 362 | 3.28/5.0 |
| Benjamin | 2 | $85,789 | 49 | 4.67/5.0 |
| Barbara | 2 | $82,118 | 188 | 4.67/5.0 |
Analyzing the strategies of top hosts, such as their property selection, pricing, and guest communication, can offer valuable lessons for optimizing your own Airbnb operations in Yellowknife.
Dive Deeper: Advanced Yellowknife STR Market Data (2025)
Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for Yellowknife. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.
Explore Advanced MetricsYellowknife Short-Term Rental Market Composition (2025): Property & Room Types
Room Type Distribution
Property Type Distribution
Market Composition Insights for Yellowknife
- The Yellowknife Airbnb market composition is heavily skewed towards Entire Home/Apt listings, which make up 55.5% of the 110 active rentals. This indicates strong guest preference for privacy and space.
- However, a notable 43.6% share for Private Rooms suggests opportunities for budget-conscious travelers or hosts renting out spare rooms.
- Looking at the property type distribution in Yellowknife, House properties are the most common (56.4%), reflecting the local real estate landscape.
- Houses represent a significant 56.4% portion, catering likely to families or larger groups.
- The presence of 5.5% Hotel/Boutique listings indicates integration with traditional hospitality.
Yellowknife Airbnb Room Capacity Analysis (2025): Bedroom Distribution
Distribution of Listings by Number of Bedrooms
Room Capacity Insights for Yellowknife
- The dominant room capacity in Yellowknife is 1 bedroom listings, making up 24.5% of the market. This suggests a strong demand for properties suitable for couples or solo travelers.
- Together, 1 bedroom and 3 bedrooms properties represent 41.8% of the active Airbnb listings in Yellowknife, indicating a high concentration in these sizes.
- A significant 24.6% of listings offer 3+ bedrooms, catering to larger groups and families seeking more space in Yellowknife.
Yellowknife Vacation Rental Guest Capacity Trends (2025)
Distribution of Listings by Guest Capacity
Guest Capacity Insights for Yellowknife
- The most common guest capacity trend in Yellowknife vacation rentals is listings accommodating 2 guests (19.1%). This suggests the primary traveler segment is likely couples or solo travelers.
- Properties designed for 2 guests and 4 guests dominate the Yellowknife STR market, accounting for 33.6% of listings.
- 20.9% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in Yellowknife.
- On average, properties in Yellowknife are equipped to host 2.7 guests.
Yellowknife Airbnb Booking Patterns (2025): Available vs. Booked Days
Available Days Distribution
Booked Days Distribution
Booking Pattern Insights for Yellowknife
- The most common availability pattern in Yellowknife falls within the 181-270 days range, representing 27.3% of listings. This suggests many properties have significant open periods on their calendars.
- Approximately 52.8% of listings show high availability (181+ days open annually), indicating potential for increased bookings or specific owner usage patterns.
- For booked days, the 91-180 days range is most frequent in Yellowknife (28.2%), reflecting common guest stay durations or potential owner blocking patterns.
- A notable 48.2% of properties secure long booking periods (181+ days booked per year), highlighting successful long-term rental strategies or significant owner usage.
Yellowknife Airbnb Minimum Stay Requirements Analysis
Distribution of Listings by Minimum Night Requirement
1 Night
47 listings
46.5% of total
2 Nights
24 listings
23.8% of total
3 Nights
16 listings
15.8% of total
4-6 Nights
3 listings
3% of total
7-29 Nights
1 listings
1% of total
30+ Nights
10 listings
9.9% of total
Key Insights
- The most prevalent minimum stay requirement in Yellowknife is 1 Night, adopted by 46.5% of listings. This highlights the market's preference for shorter, flexible bookings.
- A strong majority (70.3%) of the Yellowknife Airbnb data shows acceptance of very short stays (1-2 nights), indicating a dynamic, high-turnover market.
Recommendations
- Align with the market by considering a 1 Night minimum stay, as 46.5% of Yellowknife hosts use this setting.
- Explore offering discounts for stays of 30+ nights to attract the 9.9% of the market seeking extended stays.
- Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in Yellowknife.
Yellowknife Airbnb Cancellation Policy Trends Analysis (2025)
Flexible
16 listings
15.7% of total
Moderate
29 listings
28.4% of total
Firm
23 listings
22.5% of total
Strict
34 listings
33.3% of total
Cancellation Policy Insights for Yellowknife
- The prevailing Airbnb cancellation policy trend in Yellowknife is Strict, used by 33.3% of listings.
- A majority (55.8%) of hosts in Yellowknife utilize Firm or Strict policies, indicating a market where hosts prioritize booking security.
Recommendations for Hosts
- Consider adopting a Strict policy to align with the 33.3% market standard in Yellowknife.
- With 33.3% using Strict terms, this is a viable option in Yellowknife, particularly for high-value properties or during peak demand periods.
- Regularly review your cancellation policy against competitors and market demand shifts in Yellowknife.
Yellowknife STR Booking Lead Time Analysis (2025)
Average Booking Lead Time by Month
Booking Lead Time Insights for Yellowknife
- The overall average booking lead time for vacation rentals in Yellowknife is 53 days.
- Guests book furthest in advance for stays during September (average 82 days), likely coinciding with peak travel demand or local events.
- The shortest booking windows occur for stays in May (average 38 days), indicating more last-minute travel plans during this time.
- Seasonally, Fall (68 days avg.) sees the longest lead times, while Spring (49 days avg.) has the shortest, reflecting typical travel planning cycles.
Recommendations for Hosts
- Use the overall average lead time (53 days) as a baseline for your pricing and availability strategy in Yellowknife.
- For September stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 82 days out to capitalize on advance planning.
- Target marketing efforts for the Fall season well in advance (at least 68 days) to capture early planners.
- Monitor your own booking lead times against these Yellowknife averages to identify opportunities for dynamic pricing adjustments.
Popular & Essential Airbnb Amenities in Yellowknife (2025)
Amenity Prevalence
Amenity Insights for Yellowknife
- Essential amenities in Yellowknife that guests expect include: Heating, Smoke alarm, Wifi, Essentials. Lacking these (any) could significantly impact bookings.
- Popular amenities like Hot water, TV, Carbon monoxide alarm are common but not universal. Offering these can provide a competitive edge.
Recommendations for Hosts
- Ensure your listing includes all essential amenities for Yellowknife: Heating, Smoke alarm, Wifi, Essentials.
- Prioritize adding missing essentials: Heating, Smoke alarm, Wifi, Essentials.
- Consider adding popular differentiators like Hot water or TV to increase appeal.
- Highlight unique or less common amenities you offer (e.g., hot tub, dedicated workspace, EV charger) in your listing description and photos.
- Regularly check competitor amenities in Yellowknife to stay competitive.
Yellowknife Airbnb Guest Demographics & Profile Analysis (2025)
Guest Profile Summary for Yellowknife
- The typical guest profile for Airbnb in Yellowknife consists of a mix of domestic (61%) and international guests, often arriving from nearby Toronto, typically belonging to the Post-2000s (Gen Z/Alpha) group (50%), primarily speaking English or French.
- Domestic travelers account for 60.5% of guests.
- Key international markets include Canada (60.5%) and United States (18%).
- Top languages spoken are English (55.8%) followed by French (9.8%).
- A significant demographic segment is the Post-2000s (Gen Z/Alpha) group, representing 50% of guests.
Recommendations for Hosts
- Target domestic marketing efforts towards travelers from Toronto and Yellowknife.
- Tailor amenities and listing descriptions to appeal to the dominant Post-2000s (Gen Z/Alpha) demographic (e.g., highlight fast WiFi, smart home features, local guides).
- Highlight unique local experiences or amenities relevant to the primary guest profile.
- Consider seasonal promotions aligned with peak travel times for key origin markets.