Elliot Lake Airbnb Market Analysis 2025: Short Term Rental Data & Vacation Rental Statistics in Ontario, Canada
Is Airbnb profitable in Elliot Lake in 2025? Explore comprehensive Airbnb analytics for Elliot Lake, Ontario, Canada to uncover income potential. This 2025 STR market report for Elliot Lake, based on AirROI data from April 2024 to March 2025, reveals key trends in the niche market of 27 active listings.
Whether you're considering an Airbnb investment in Elliot Lake, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the Elliot Lake 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 Elliot Lake Airbnb Performance Metrics Overview
Monthly Airbnb Revenue Variations & Income Potential in Elliot Lake (2025)
Understanding the monthly revenue variations for Airbnb listings in Elliot Lake 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 Elliot Lake is typically August, while January often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in Elliot Lake across different performance tiers:
- Best-in-class properties (Top 10%) achieve $4,653+ monthly, often utilizing dynamic pricing and superior guest experiences.
- Strong performing properties (Top 25%) earn $3,009 or more, indicating effective management and desirable locations/amenities.
- Typical properties (Median) generate around $1,744 per month, representing the average market performance.
- Entry-level properties (Bottom 25%) see earnings around $825, often with potential for optimization.
Average Monthly Airbnb Earnings Trend in Elliot Lake
Elliot Lake Airbnb Occupancy Rate Trends (2025)
Maximize your bookings by understanding the Elliot Lake STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Julysees 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 Elliot Lake:
- Best-in-class properties (Top 10%) achieve 82%+ occupancy, indicating high desirability and potentially optimized availability.
- Strong performing properties (Top 25%) maintain 59% or higher occupancy, suggesting good market fit and guest satisfaction.
- Typical properties (Median) have an occupancy rate around 39%.
- Entry-level properties (Bottom 25%) average 23% occupancy, potentially facing higher vacancy.
Average Monthly Occupancy Rate Trend in Elliot Lake
Average Daily Rate (ADR) Airbnb Trends in Elliot Lake (2025)
Effective short term rental pricing strategy in Elliot Lake involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in Elliot Lake typically peaks in July and dips lowest during April. 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 $260+ per night, often due to premium features or locations.
- Strong performing properties (Top 25%) achieve nightly rates of $190 or more.
- Typical properties (Median) charge around $130 per night.
- Entry-level properties (Bottom 25%) earn around $76 per night.
Average Daily Rate (ADR) Trend by Month in Elliot Lake
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Airbnb Seasonality Analysis & Trends in Elliot Lake (2025)
Peak Season (August, July, September)
- Revenue averages $3,183 per month
- Occupancy rates average 57.3%
- Daily rates average $148
Shoulder Season
- Revenue averages $2,036 per month
- Occupancy maintains around 40.1%
- Daily rates hold near $144
Low Season (January, February, November)
- Revenue drops to average $1,434 per month
- Occupancy decreases to average 36.4%
- Daily rates adjust to average $148
Seasonality Insights for Elliot Lake
- The Airbnb seasonality in Elliot Lake shows highly seasonal trends requiring careful strategy. 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 Elliot Lake's highest earning potential, with monthly revenues capable of climbing to $3,539, occupancy reaching a high of 62.5%, and ADRs peaking at $152.
- 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 $1,269, occupancy could drop to 33.8%, and ADRs may adjust down to $141.
- 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 Elliot Lake.
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 Elliot Lake seasonality benchmarks and adjust your pricing and availability strategy accordingly.
Best Areas for Airbnb Investment in Elliot Lake (2025)
Exploring the top neighborhoods for short-term rentals in Elliot Lake? 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 |
|---|---|---|
| Nature Trails | Elliot Lake is famous for its beautiful natural landscapes and extensive hiking trails. This area attracts nature lovers and outdoor enthusiasts year-round, making it an ideal location for Airbnb hosting. | Elliot Lake Trail System, Norway Lake, Hiking in Mississagi Provincial Park, Hunting and Fishing, Scenic Caves |
| Elliot Lake Downtown | The downtown area offers a mix of shops, restaurants, and cultural activities, making it a convenient and attractive spot for travelers. It's at the heart of the city’s amenities, ideal for short-term rentals. | Elliot Lake Historical Museum, Local cafes and restaurants, Shopping areas, Art and cultural events, Community gatherings |
| Westview Park | A family-friendly area with parks and recreational facilities. Great for families looking for a comfortable stay with access to playgrounds and sports fields. | Westview Park, Elliot Lake Sports Complex, Recreational facilities, Picnic areas, Outdoor activities |
| Gordon's Park | A serene area known for its camping and outdoor facilities. Attracts visitors looking for a rustic experience while still close to urban amenities. | Gordon's Park Nature Reserve, Camping, Bird watching, Nature activities, Stargazing |
| Hunting and Fishing Areas | Elliot Lake is renowned for its fishing and hunting opportunities, drawing avid outdoorsmen and women to the area. Providing accommodations for these visitors can be very profitable. | Various lakes for fishing, Hunting grounds, Outdoor sports, Guided tours, Fishing derbies |
| Pembroke Lake | A tranquil area perfect for waterfront accommodations. It's ideal for those seeking relaxation and water activities during the summer. | Swimming, Boating, Picnicking, Wildlife watching, Scenic views |
| Elliot Lake Community Centre | This area is bustling with events and activities hosted throughout the year. Renting out properties nearby can capture both locals and guests attending special events. | Community events, Fitness facilities, Workshops and classes, Cultural events, Seasonal festivals |
| Local Ski Hill | During winter, Elliot Lake attracts visitors for winter sports. A location near the ski hill can cater to guests looking for winter sports vacations. | Local skiing and snowboarding, Winter trails, Snowshoeing, Ice fishing, Winter festivals |
Understanding Airbnb License Requirements & STR Laws in Elliot Lake (2025)
While Elliot Lake, Ontario, 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 Elliot Lake to ensure full compliance before hosting.
(Source: AirROI data, 2025, finding no licensed listings among those analyzed)
Top Performing Airbnb Properties in Elliot Lake (2025)
Benchmark your potential! Explore examples of top-performing Airbnb properties in Elliot Lakebased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.
The Sweet Pea
Entire Place • 4 bedrooms
Black Pine Cabin on Lake Dunlop
Entire Place • 4 bedrooms
Charming bungalow
Entire Place • 5 bedrooms
Nestle at the Nook
Entire Place • 3 bedrooms
The Sunrise - Waterfront cottage on Dunlop Lake
Entire Place • 3 bedrooms
The Firefly
Entire Place • 3 bedrooms
Note: Performance varies based on location, size, amenities, seasonality, and management quality. Data reflects the past 12 months.
Top Performing Airbnb Hosts in Elliot Lake (2025)
Learn from the best! This table showcases top-performing Airbnb hosts in Elliot Lake 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 |
|---|---|---|---|---|
| Waleed Khaled | 3 | $64,181 | 40 | 4.79/5.0 |
| Matthew | 1 | $57,914 | 80 | 4.99/5.0 |
| Wes | 1 | $45,512 | 3 | 5.00/5.0 |
| Justyna | 1 | $42,413 | 15 | 5.00/5.0 |
| Ken | 1 | $33,784 | 94 | 4.97/5.0 |
| Dale | 1 | $29,957 | 10 | 5.00/5.0 |
| Jeffery | 1 | $28,351 | 65 | 4.94/5.0 |
| Ryan | 1 | $27,562 | 12 | 5.00/5.0 |
| Rohit | 1 | $24,778 | 11 | 5.00/5.0 |
| Nicole | 1 | $23,143 | 174 | 4.81/5.0 |
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 Elliot Lake.
Dive Deeper: Advanced Elliot Lake STR Market Data (2025)
Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for Elliot Lake. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.
Explore Advanced MetricsElliot Lake Short-Term Rental Market Composition (2025): Property & Room Types
Room Type Distribution
Property Type Distribution
Market Composition Insights for Elliot Lake
- The Elliot Lake Airbnb market composition is heavily skewed towards Entire Home/Apt listings, which make up 85.2% of the 27 active rentals. This indicates strong guest preference for privacy and space.
- Looking at the property type distribution in Elliot Lake, House properties are the most common (63%), reflecting the local real estate landscape.
- Houses represent a significant 63% portion, catering likely to families or larger groups.
- Smaller segments like outdoor/unique (combined 3.7%) offer potential for unique stay experiences.
Elliot Lake Airbnb Room Capacity Analysis (2025): Bedroom Distribution
Distribution of Listings by Number of Bedrooms
Room Capacity Insights for Elliot Lake
- The dominant room capacity in Elliot Lake is 1 bedroom listings, making up 37% of the market. This suggests a strong demand for properties suitable for couples or solo travelers.
- Together, 1 bedroom and 3 bedrooms properties represent 55.5% of the active Airbnb listings in Elliot Lake, indicating a high concentration in these sizes.
- A significant 37.0% of listings offer 3+ bedrooms, catering to larger groups and families seeking more space in Elliot Lake.
Elliot Lake Vacation Rental Guest Capacity Trends (2025)
Distribution of Listings by Guest Capacity
Guest Capacity Insights for Elliot Lake
- The most common guest capacity trend in Elliot Lake vacation rentals is listings accommodating 4 guests (22.2%). This suggests the primary traveler segment is likely small families or groups.
- Properties designed for 4 guests and 2 guests dominate the Elliot Lake STR market, accounting for 44.4% of listings.
- 40.7% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in Elliot Lake.
- On average, properties in Elliot Lake are equipped to host 4.3 guests.
Elliot Lake Airbnb Booking Patterns (2025): Available vs. Booked Days
Available Days Distribution
Booked Days Distribution
Booking Pattern Insights for Elliot Lake
- The most common availability pattern in Elliot Lake falls within the 181-270 days range, representing 51.9% of listings. This suggests many properties have significant open periods on their calendars.
- Approximately 77.8% 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 Elliot Lake (51.9%), reflecting common guest stay durations or potential owner blocking patterns.
- A notable 22.2% of properties secure long booking periods (181+ days booked per year), highlighting successful long-term rental strategies or significant owner usage.
Elliot Lake Airbnb Minimum Stay Requirements Analysis
Distribution of Listings by Minimum Night Requirement
1 Night
10 listings
40% of total
2 Nights
11 listings
44% of total
3 Nights
3 listings
12% of total
4-6 Nights
1 listings
4% of total
Key Insights
- The most prevalent minimum stay requirement in Elliot Lake is 2 Nights, adopted by 44% of listings. This highlights the market's preference for shorter, flexible bookings.
- A strong majority (84.0%) of the Elliot Lake 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 2 Nights minimum stay, as 44% of Elliot Lake hosts use this setting.
- Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in Elliot Lake.
Elliot Lake Airbnb Cancellation Policy Trends Analysis (2025)
Flexible
6 listings
25% of total
Moderate
5 listings
20.8% of total
Firm
8 listings
33.3% of total
Strict
5 listings
20.8% of total
Cancellation Policy Insights for Elliot Lake
- The prevailing Airbnb cancellation policy trend in Elliot Lake is Firm, used by 33.3% of listings.
- A majority (54.1%) of hosts in Elliot Lake utilize Firm or Strict policies, indicating a market where hosts prioritize booking security.
Recommendations for Hosts
- Consider adopting a Firm policy to align with the 33.3% market standard in Elliot Lake.
- Regularly review your cancellation policy against competitors and market demand shifts in Elliot Lake.
Elliot Lake STR Booking Lead Time Analysis (2025)
Average Booking Lead Time by Month
Booking Lead Time Insights for Elliot Lake
- The overall average booking lead time for vacation rentals in Elliot Lake is 38 days.
- Guests book furthest in advance for stays during July (average 65 days), likely coinciding with peak travel demand or local events.
- The shortest booking windows occur for stays in April (average 12 days), indicating more last-minute travel plans during this time.
- Seasonally, Summer (55 days avg.) sees the longest lead times, while Spring (29 days avg.) has the shortest, reflecting typical travel planning cycles.
Recommendations for Hosts
- Use the overall average lead time (38 days) as a baseline for your pricing and availability strategy in Elliot Lake.
- For July stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 65 days out to capitalize on advance planning.
- During April, focus on last-minute booking availability and promotions, as guests book with very short notice (12 days avg.).
- Target marketing efforts for the Summer season well in advance (at least 55 days) to capture early planners.
- Monitor your own booking lead times against these Elliot Lake averages to identify opportunities for dynamic pricing adjustments.
Popular & Essential Airbnb Amenities in Elliot Lake (2025)
Amenity Prevalence
Amenity Insights for Elliot Lake
- Essential amenities in Elliot Lake that guests expect include: Smoke alarm, Wifi, Heating, Free parking on premises, TV, Coffee maker. Lacking these (any) could significantly impact bookings.
- Popular amenities like Bed linens, Carbon monoxide alarm, Kitchen are common but not universal. Offering these can provide a competitive edge.
Recommendations for Hosts
- Ensure your listing includes all essential amenities for Elliot Lake: Smoke alarm, Wifi, Heating, Free parking on premises, TV, Coffee maker.
- Prioritize adding missing essentials: Free parking on premises, TV, Coffee maker.
- Consider adding popular differentiators like Bed linens or Carbon monoxide alarm 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 Elliot Lake to stay competitive.
Elliot Lake Airbnb Guest Demographics & Profile Analysis (2025)
Guest Profile Summary for Elliot Lake
- The typical guest profile for Airbnb in Elliot Lake consists of primarily domestic travelers (91%), 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 90.8% of guests.
- Key international markets include Canada (90.8%) and United States (6.5%).
- Top languages spoken are English (70.1%) followed by French (13.8%).
- 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 Sudbury.
- 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.
Nearby Short-Term Rental Market Comparison
How does the Elliot Lake Airbnb market stack up against its neighbors? Compare key performance metrics like average monthly revenue, ADR, and occupancy rates in surrounding areas to understand the broader regional STR landscape.
| Market | Active Properties | Monthly Revenue | Daily Rate | Avg. Occupancy |
|---|---|---|---|---|
| Presque Isle Township | 22 | $2,845 | $292.96 | 49% |
| Alpena Township | 17 | $2,484 | $240.60 | 50% |
| Killarney | 13 | $2,397 | $227.46 | 52% |
| Tobermory | 68 | $2,338 | $241.08 | 45% |
| Municipality of Northern Bruce Peninsula | 340 | $2,334 | $228.26 | 47% |
| Drummond Township | 42 | $2,173 | $271.91 | 39% |
| Detour Township | 12 | $2,125 | $227.57 | 45% |
| Blind River | 15 | $2,073 | $165.58 | 53% |
| Alpena | 41 | $2,007 | $175.57 | 50% |
| Huron Shores | 12 | $1,948 | $154.53 | 49% |