What Are the Best Places to Invest in Airbnb in Peru?

Source: AirROI Reviewed by Jun Zhou , Founder @ AirROI

Updated: 2026-08-08

The short-term rental market in Peru spans 100 cities tracked in AirROI's 2026 dataset, ranging from mature urban markets with thousands of active listings to emerging destinations where early operators still have pricing leverage. Supply growth, regulation, and seasonal demand vary significantly across the region — making market selection one of the highest-leverage decisions an Airbnb investor can make.

This page ranks the best Airbnb markets in Peru across four dimensions: market depth (active listings), revenue, nightly rate (ADR), and occupancy rate. Lima Metropolitan Area, Lima leads by market size with 10,129 active listings and $504/month revenue. Across all ranked markets, average occupancy is 26.0% with $353/month in average revenue and $84/night ADR. 100 of 100 markets carry a low regulation profile — a key consideration for investors evaluating compliance costs and time-to-market.

Rankings based on AirROI's analysis of 20,000,000+ short-term rental listings across revenue, ADR, occupancy, and regulation. See ranking methodology.

Explore Live Market Data

Top Airbnb Markets in Peru by Active Listings

Active listing count is the most direct measure of a market's depth, maturity, and investor confidence. Cities with the most Airbnb listings in Peru attract the highest volume of travelers and offer the most reliable benchmarking data for pricing and revenue projections. Lima Metropolitan Area, Lima leads with 10,129 active short-term rental listings and $504/month in average revenue.

#	Market	Active Listings (TTM)	Revenue/mo	ADR	Occupancy	Regulation
1	Lima Metropolitan Area, Lima	10,129	$504	$73	34.7%	Low
2	Lima, Provincia de Lima	2,216	$391	$61	39.8%	Low
3	Distrito de Cusco, Cusco	1,876	$383	$44	35.4%	Low
4	Arequipa, Arequipa	1,037	$224	$42	29.0%	Low
5	Cuzco, Cuzco	912	$183	$38	30.6%	Low
6	Ica, Ica	524	$253	$64	21.1%	Low
7	Cajamarca, Cajamarca	508	$142	$39	23.9%	Low
8	Puno, Puno	472	$172	$44	23.6%	Low
9	Máncora, Piura	451	$944	$158	26.0%	Low
10	Asia, Lima	445	$611	$213	20.5%	Low
11	Wanchaq, Cusco	444	$348	$43	32.9%	Low
12	Barranco, Lima Province	427	$362	$49	42.2%	Low
13	Trujillo, La Libertad	419	$152	$38	26.0%	Low
14	Huaraz, Ancash	414	$150	$40	23.7%	Low
15	Miraflores, Provincia de Lima	371	$643	$62	43.3%	Low
16	Tarapoto, San Martín	351	$201	$44	26.8%	Low
17	San Miguel, Lima Province	340	$229	$44	33.8%	Low
18	Oxapampa, Pasco	330	$214	$68	20.9%	Low
19	Los Órganos, Piura	326	$1,064	$195	24.8%	Low
20	Paracas, Ica	316	$724	$169	20.6%	Low
21	Piura, Piura	308	$187	$49	25.3%	Low
22	Ayacucho, Ayacucho	304	$116	$36	21.3%	Low
23	Iquitos, Loreto	304	$163	$36	26.2%	Low
24	Tacna, Tacna	302	$143	$37	24.3%	Low
25	Chiclayo, Lambayeque	282	$170	$37	26.4%	Low
26	Cerro Azul, Lima	277	$500	$189	19.9%	Low
27	Urubamba, Cusco	276	$427	$86	24.2%	Low
28	Machupicchu, Cusco	269	$275	$49	24.6%	Low
29	San Isidro, Lima Province	267	$383	$58	40.2%	Low
30	Cusco, Cuzco	247	$381	$43	37.5%	Low
31	District of Zorritos, Tumbes	235	$686	$167	20.4%	Low
32	Jesús María, Lima Province	233	$300	$47	39.4%	Low
33	Pisac, Cusco	207	$287	$45	30.3%	Low
34	Yanahuara, Arequipa	192	$210	$39	30.8%	Low
35	District of Canoas de Punta Sal, Tumbes	187	$1,202	$220	22.3%	Low
36	Huancayo, Junín	183	$125	$34	23.4%	Low
37	Cayma, Arequipa	179	$284	$46	33.5%	Low
38	Ollantaytambo, Cusco	178	$286	$54	24.5%	Low
39	Magdalena del Mar, Lima Province	168	$306	$55	38.0%	Low
40	Santiago, Cusco	154	$235	$45	29.5%	Low
41	Cerro Colorado, Arequipa	144	$225	$50	29.3%	Low
42	Santiago de Surco, Lima Province	143	$278	$51	36.1%	Low
43	Calca, Cusco	141	$538	$103	29.2%	Low
44	San Antonio, Lima	136	$692	$219	21.6%	Low
45	Mala, Lima	133	$635	$208	19.1%	Low
46	Huanchaco, La Libertad	129	$220	$61	22.3%	Low
47	José Luis Bustamante y Rivero, Arequipa	122	$160	$37	27.6%	Low
48	Mollendo, Arequipa	120	$250	$86	22.9%	Low
49	La Victoria, Lima Province	119	$245	$47	35.8%	Low
50	Víctor Larco Herrera, La Libertad	112	$205	$39	27.7%	Low
51	Lunahuaná, Lima	108	$500	$148	16.2%	Low
52	Punta Hermosa, Lima Province	105	$629	$147	29.6%	Low
53	Surquillo, Lima Province	105	$255	$42	39.8%	Low
54	San Bartolo, Provincia de Lima	103	$484	$128	27.6%	Low
55	Independencia, Ancash	101	$109	$46	21.5%	Low
56	Cusco, Cusco	100	$299	$39	33.5%	Low
57	Callao, Callao Region	98	$128	$31	28.5%	Low
58	Pimentel, Lambayeque	98	$216	$60	23.6%	Low
59	Chontabamba, Pasco	84	$261	$82	18.7%	Low
60	Santa Cruz de Flores, Lima	83	$903	$236	21.8%	Low
61	El Carmen, Ica	81	$1,038	$266	21.4%	Low
62	Pueblo Libre, Lima Province	80	$198	$39	37.6%	Low
63	Aguas Calientes, Cuzco	75	$179	$44	24.4%	Low
64	El Tambo, Junín	72	$88	$34	18.8%	Low
65	Miraflores, Arequipa	69	$188	$32	34.2%	Low
66	San Sebastián, Cusco	67	$120	$35	24.8%	Low
67	Cieneguilla, Provincia de Lima	67	$1,239	$260	26.3%	Low
68	Pisco, Ica	65	$190	$67	20.0%	Low
69	Ilo, Moquegua	65	$162	$62	22.8%	Low
70	Punta Negra, Provincia de Lima	64	$484	$151	22.5%	Low
71	Pucallpa, Ucayali	64	$108	$38	26.6%	Low
72	Los Baños del Inca, Cajamarca	62	$156	$62	20.3%	Low
73	Chincha Baja, Ica	60	$1,071	$246	22.9%	Low
74	Chachapoyas, Amazonas	57	$133	$43	22.4%	Low
75	Colán, Piura	56	$270	$145	13.3%	Low
76	Nuevo Chimbote, Ancash	55	$146	$37	22.3%	Low
77	San Borja, Lima Province	53	$205	$38	34.8%	Low
78	Tambopata, Madre de Dios	53	$229	$52	21.3%	Low
79	Chorrillos, Lima Province	51	$179	$45	28.7%	Low
80	Huayllabamba, Cusco	50	$1,046	$159	26.3%	Low
81	Callería, Ucayali	50	$164	$29	28.3%	Low
82	Castilla, Piura	49	$109	$32	23.8%	Low
83	Samuel Pastor, Arequipa	48	$233	$143	17.1%	Low
84	Huánuco, Huánuco	48	$126	$33	25.5%	Low
85	Pacasmayo, La Libertad	48	$157	$58	17.9%	Low
86	Chilca, Lima	48	$480	$181	18.6%	Low
87	Pachacámac, Provincia de Lima	47	$1,186	$247	25.2%	Low
88	Rupa-Rupa, Huánuco	45	$147	$49	17.8%	Low
89	Huanchaco District, La Libertad	43	$162	$56	24.0%	Low
90	Barranca, Lima	43	$229	$79	19.8%	Low
91	Moyobamba, San Martín	42	$125	$44	19.4%	Low
92	Santa Eulalia, Lima	40	$695	$203	16.6%	Low
93	Comandante Noel, Ancash	39	$328	$141	20.2%	Low
94	San Ramón, Junín	37	$214	$85	16.7%	Low
95	Huancabamba, Pasco	37	$413	$116	19.8%	Low
96	Santa Rosa de Quives, Lima	35	$501	$183	15.0%	Low
97	La Banda de Shilcayo, San Martín	35	$423	$66	22.8%	Low
98	Yarinacocha, Ucayali	35	$110	$24	25.4%	Low
99	Breña, Lima Province	34	$195	$38	34.6%	Low
100	San Martín de Porres, Lima Province	34	$72	$24	21.8%	Low

Most Profitable Airbnb Markets in Peru by Revenue

The most profitable Airbnb cities in Peru are those where hosts earn the highest average monthly revenue per listing — the single most telling indicator of a market's income potential. Cieneguilla, Provincia de Lima leads with $1,239/month at $260 ADR and 26.3% occupancy. Whether you are evaluating your first STR investment or benchmarking an existing property, these top-earning Airbnb markets show where vacation rentals generate the greatest short-term rental income.

#	Market	Revenue/mo	Active Listings (TTM)	ADR	Occupancy	Regulation
1	Cieneguilla, Provincia de Lima	$1,239	67	$260	26.3%	Low
2	District of Canoas de Punta Sal, Tumbes	$1,202	187	$220	22.3%	Low
3	Pachacámac, Provincia de Lima	$1,186	47	$247	25.2%	Low
4	Chincha Baja, Ica	$1,071	60	$246	22.9%	Low
5	Los Órganos, Piura	$1,064	326	$195	24.8%	Low
6	Huayllabamba, Cusco	$1,046	50	$159	26.3%	Low
7	El Carmen, Ica	$1,038	81	$266	21.4%	Low
8	Máncora, Piura	$944	451	$158	26.0%	Low
9	Santa Cruz de Flores, Lima	$903	83	$236	21.8%	Low
10	Paracas, Ica	$724	316	$169	20.6%	Low
11	Santa Eulalia, Lima	$695	40	$203	16.6%	Low
12	San Antonio, Lima	$692	136	$219	21.6%	Low
13	District of Zorritos, Tumbes	$686	235	$167	20.4%	Low
14	Miraflores, Provincia de Lima	$643	371	$62	43.3%	Low
15	Mala, Lima	$635	133	$208	19.1%	Low
16	Punta Hermosa, Lima Province	$629	105	$147	29.6%	Low
17	Asia, Lima	$611	445	$213	20.5%	Low
18	Calca, Cusco	$538	141	$103	29.2%	Low
19	Lima Metropolitan Area, Lima	$504	10,129	$73	34.7%	Low
20	Santa Rosa de Quives, Lima	$501	35	$183	15.0%	Low
21	Cerro Azul, Lima	$500	277	$189	19.9%	Low
22	Lunahuaná, Lima	$500	108	$148	16.2%	Low
23	San Bartolo, Provincia de Lima	$484	103	$128	27.6%	Low
24	Punta Negra, Provincia de Lima	$484	64	$151	22.5%	Low
25	Chilca, Lima	$480	48	$181	18.6%	Low
26	Urubamba, Cusco	$427	276	$86	24.2%	Low
27	La Banda de Shilcayo, San Martín	$423	35	$66	22.8%	Low
28	Huancabamba, Pasco	$413	37	$116	19.8%	Low
29	Lima, Provincia de Lima	$391	2,216	$61	39.8%	Low
30	San Isidro, Lima Province	$383	267	$58	40.2%	Low
31	Distrito de Cusco, Cusco	$383	1,876	$44	35.4%	Low
32	Cusco, Cuzco	$381	247	$43	37.5%	Low
33	Barranco, Lima Province	$362	427	$49	42.2%	Low
34	Wanchaq, Cusco	$348	444	$43	32.9%	Low
35	Comandante Noel, Ancash	$328	39	$141	20.2%	Low
36	Magdalena del Mar, Lima Province	$306	168	$55	38.0%	Low
37	Jesús María, Lima Province	$300	233	$47	39.4%	Low
38	Cusco, Cusco	$299	100	$39	33.5%	Low
39	Pisac, Cusco	$287	207	$45	30.3%	Low
40	Ollantaytambo, Cusco	$286	178	$54	24.5%	Low
41	Cayma, Arequipa	$284	179	$46	33.5%	Low
42	Santiago de Surco, Lima Province	$278	143	$51	36.1%	Low
43	Machupicchu, Cusco	$275	269	$49	24.6%	Low
44	Colán, Piura	$270	56	$145	13.3%	Low
45	Chontabamba, Pasco	$261	84	$82	18.7%	Low
46	Surquillo, Lima Province	$255	105	$42	39.8%	Low
47	Ica, Ica	$253	524	$64	21.1%	Low
48	Mollendo, Arequipa	$250	120	$86	22.9%	Low
49	La Victoria, Lima Province	$245	119	$47	35.8%	Low
50	Santiago, Cusco	$235	154	$45	29.5%	Low
51	Samuel Pastor, Arequipa	$233	48	$143	17.1%	Low
52	Tambopata, Madre de Dios	$229	53	$52	21.3%	Low
53	Barranca, Lima	$229	43	$79	19.8%	Low
54	San Miguel, Lima Province	$229	340	$44	33.8%	Low
55	Cerro Colorado, Arequipa	$225	144	$50	29.3%	Low
56	Arequipa, Arequipa	$224	1,037	$42	29.0%	Low
57	Huanchaco, La Libertad	$220	129	$61	22.3%	Low
58	Pimentel, Lambayeque	$216	98	$60	23.6%	Low
59	San Ramón, Junín	$214	37	$85	16.7%	Low
60	Oxapampa, Pasco	$214	330	$68	20.9%	Low
61	Yanahuara, Arequipa	$210	192	$39	30.8%	Low
62	San Borja, Lima Province	$205	53	$38	34.8%	Low
63	Víctor Larco Herrera, La Libertad	$205	112	$39	27.7%	Low
64	Tarapoto, San Martín	$201	351	$44	26.8%	Low
65	Pueblo Libre, Lima Province	$198	80	$39	37.6%	Low
66	Breña, Lima Province	$195	34	$38	34.6%	Low
67	Pisco, Ica	$190	65	$67	20.0%	Low
68	Miraflores, Arequipa	$188	69	$32	34.2%	Low
69	Piura, Piura	$187	308	$49	25.3%	Low
70	Cuzco, Cuzco	$183	912	$38	30.6%	Low
71	Aguas Calientes, Cuzco	$179	75	$44	24.4%	Low
72	Chorrillos, Lima Province	$179	51	$45	28.7%	Low
73	Puno, Puno	$172	472	$44	23.6%	Low
74	Chiclayo, Lambayeque	$170	282	$37	26.4%	Low
75	Callería, Ucayali	$164	50	$29	28.3%	Low
76	Iquitos, Loreto	$163	304	$36	26.2%	Low
77	Huanchaco District, La Libertad	$162	43	$56	24.0%	Low
78	Ilo, Moquegua	$162	65	$62	22.8%	Low
79	José Luis Bustamante y Rivero, Arequipa	$160	122	$37	27.6%	Low
80	Pacasmayo, La Libertad	$157	48	$58	17.9%	Low
81	Los Baños del Inca, Cajamarca	$156	62	$62	20.3%	Low
82	Trujillo, La Libertad	$152	419	$38	26.0%	Low
83	Huaraz, Ancash	$150	414	$40	23.7%	Low
84	Rupa-Rupa, Huánuco	$147	45	$49	17.8%	Low
85	Nuevo Chimbote, Ancash	$146	55	$37	22.3%	Low
86	Tacna, Tacna	$143	302	$37	24.3%	Low
87	Cajamarca, Cajamarca	$142	508	$39	23.9%	Low
88	Chachapoyas, Amazonas	$133	57	$43	22.4%	Low
89	Callao, Callao Region	$128	98	$31	28.5%	Low
90	Huánuco, Huánuco	$126	48	$33	25.5%	Low
91	Moyobamba, San Martín	$125	42	$44	19.4%	Low
92	Huancayo, Junín	$125	183	$34	23.4%	Low
93	San Sebastián, Cusco	$120	67	$35	24.8%	Low
94	Ayacucho, Ayacucho	$116	304	$36	21.3%	Low
95	Yarinacocha, Ucayali	$110	35	$24	25.4%	Low
96	Castilla, Piura	$109	49	$32	23.8%	Low
97	Independencia, Ancash	$109	101	$46	21.5%	Low
98	Pucallpa, Ucayali	$108	64	$38	26.6%	Low
99	El Tambo, Junín	$88	72	$34	18.8%	Low
100	San Martín de Porres, Lima Province	$72	34	$24	21.8%	Low

Most Expensive Airbnb Markets in Peru by Nightly Rate

The average daily rate (ADR) measures how much guests pay per night in each market, making it the clearest indicator of a city's short-term rental pricing power. El Carmen, Ica commands the highest Airbnb nightly rate in Peru at $266/night, generating $1,038/month at 21.4% occupancy. Markets with premium nightly pricing typically feature high-demand destinations where travelers pay a significant premium over hotel alternatives.

#	Market	ADR	Active Listings (TTM)	Revenue/mo	Occupancy	Regulation
1	El Carmen, Ica	$266	81	$1,038	21.4%	Low
2	Cieneguilla, Provincia de Lima	$260	67	$1,239	26.3%	Low
3	Pachacámac, Provincia de Lima	$247	47	$1,186	25.2%	Low
4	Chincha Baja, Ica	$246	60	$1,071	22.9%	Low
5	Santa Cruz de Flores, Lima	$236	83	$903	21.8%	Low
6	District of Canoas de Punta Sal, Tumbes	$220	187	$1,202	22.3%	Low
7	San Antonio, Lima	$219	136	$692	21.6%	Low
8	Asia, Lima	$213	445	$611	20.5%	Low
9	Mala, Lima	$208	133	$635	19.1%	Low
10	Santa Eulalia, Lima	$203	40	$695	16.6%	Low
11	Los Órganos, Piura	$195	326	$1,064	24.8%	Low
12	Cerro Azul, Lima	$189	277	$500	19.9%	Low
13	Santa Rosa de Quives, Lima	$183	35	$501	15.0%	Low
14	Chilca, Lima	$181	48	$480	18.6%	Low
15	Paracas, Ica	$169	316	$724	20.6%	Low
16	District of Zorritos, Tumbes	$167	235	$686	20.4%	Low
17	Huayllabamba, Cusco	$159	50	$1,046	26.3%	Low
18	Máncora, Piura	$158	451	$944	26.0%	Low
19	Punta Negra, Provincia de Lima	$151	64	$484	22.5%	Low
20	Lunahuaná, Lima	$148	108	$500	16.2%	Low
21	Punta Hermosa, Lima Province	$147	105	$629	29.6%	Low
22	Colán, Piura	$145	56	$270	13.3%	Low
23	Samuel Pastor, Arequipa	$143	48	$233	17.1%	Low
24	Comandante Noel, Ancash	$141	39	$328	20.2%	Low
25	San Bartolo, Provincia de Lima	$128	103	$484	27.6%	Low
26	Huancabamba, Pasco	$116	37	$413	19.8%	Low
27	Calca, Cusco	$103	141	$538	29.2%	Low
28	Urubamba, Cusco	$86	276	$427	24.2%	Low
29	Mollendo, Arequipa	$86	120	$250	22.9%	Low
30	San Ramón, Junín	$85	37	$214	16.7%	Low
31	Chontabamba, Pasco	$82	84	$261	18.7%	Low
32	Barranca, Lima	$79	43	$229	19.8%	Low
33	Lima Metropolitan Area, Lima	$73	10,129	$504	34.7%	Low
34	Oxapampa, Pasco	$68	330	$214	20.9%	Low
35	Pisco, Ica	$67	65	$190	20.0%	Low
36	La Banda de Shilcayo, San Martín	$66	35	$423	22.8%	Low
37	Ica, Ica	$64	524	$253	21.1%	Low
38	Miraflores, Provincia de Lima	$62	371	$643	43.3%	Low
39	Ilo, Moquegua	$62	65	$162	22.8%	Low
40	Los Baños del Inca, Cajamarca	$62	62	$156	20.3%	Low
41	Lima, Provincia de Lima	$61	2,216	$391	39.8%	Low
42	Huanchaco, La Libertad	$61	129	$220	22.3%	Low
43	Pimentel, Lambayeque	$60	98	$216	23.6%	Low
44	Pacasmayo, La Libertad	$58	48	$157	17.9%	Low
45	San Isidro, Lima Province	$58	267	$383	40.2%	Low
46	Huanchaco District, La Libertad	$56	43	$162	24.0%	Low
47	Magdalena del Mar, Lima Province	$55	168	$306	38.0%	Low
48	Ollantaytambo, Cusco	$54	178	$286	24.5%	Low
49	Tambopata, Madre de Dios	$52	53	$229	21.3%	Low
50	Santiago de Surco, Lima Province	$51	143	$278	36.1%	Low
51	Cerro Colorado, Arequipa	$50	144	$225	29.3%	Low
52	Rupa-Rupa, Huánuco	$49	45	$147	17.8%	Low
53	Machupicchu, Cusco	$49	269	$275	24.6%	Low
54	Piura, Piura	$49	308	$187	25.3%	Low
55	Barranco, Lima Province	$49	427	$362	42.2%	Low
56	Jesús María, Lima Province	$47	233	$300	39.4%	Low
57	La Victoria, Lima Province	$47	119	$245	35.8%	Low
58	Cayma, Arequipa	$46	179	$284	33.5%	Low
59	Independencia, Ancash	$46	101	$109	21.5%	Low
60	Pisac, Cusco	$45	207	$287	30.3%	Low
61	Chorrillos, Lima Province	$45	51	$179	28.7%	Low
62	Santiago, Cusco	$45	154	$235	29.5%	Low
63	Distrito de Cusco, Cusco	$44	1,876	$383	35.4%	Low
64	Puno, Puno	$44	472	$172	23.6%	Low
65	Aguas Calientes, Cuzco	$44	75	$179	24.4%	Low
66	Moyobamba, San Martín	$44	42	$125	19.4%	Low
67	Tarapoto, San Martín	$44	351	$201	26.8%	Low
68	San Miguel, Lima Province	$44	340	$229	33.8%	Low
69	Chachapoyas, Amazonas	$43	57	$133	22.4%	Low
70	Cusco, Cuzco	$43	247	$381	37.5%	Low
71	Wanchaq, Cusco	$43	444	$348	32.9%	Low
72	Surquillo, Lima Province	$42	105	$255	39.8%	Low
73	Arequipa, Arequipa	$42	1,037	$224	29.0%	Low
74	Huaraz, Ancash	$40	414	$150	23.7%	Low
75	Yanahuara, Arequipa	$39	192	$210	30.8%	Low
76	Víctor Larco Herrera, La Libertad	$39	112	$205	27.7%	Low
77	Pueblo Libre, Lima Province	$39	80	$198	37.6%	Low
78	Cajamarca, Cajamarca	$39	508	$142	23.9%	Low
79	Cusco, Cusco	$39	100	$299	33.5%	Low
80	San Borja, Lima Province	$38	53	$205	34.8%	Low
81	Trujillo, La Libertad	$38	419	$152	26.0%	Low
82	Pucallpa, Ucayali	$38	64	$108	26.6%	Low
83	Cuzco, Cuzco	$38	912	$183	30.6%	Low
84	Breña, Lima Province	$38	34	$195	34.6%	Low
85	Tacna, Tacna	$37	302	$143	24.3%	Low
86	Chiclayo, Lambayeque	$37	282	$170	26.4%	Low
87	José Luis Bustamante y Rivero, Arequipa	$37	122	$160	27.6%	Low
88	Nuevo Chimbote, Ancash	$37	55	$146	22.3%	Low
89	Ayacucho, Ayacucho	$36	304	$116	21.3%	Low
90	Iquitos, Loreto	$36	304	$163	26.2%	Low
91	San Sebastián, Cusco	$35	67	$120	24.8%	Low
92	El Tambo, Junín	$34	72	$88	18.8%	Low
93	Huancayo, Junín	$34	183	$125	23.4%	Low
94	Huánuco, Huánuco	$33	48	$126	25.5%	Low
95	Miraflores, Arequipa	$32	69	$188	34.2%	Low
96	Castilla, Piura	$32	49	$109	23.8%	Low
97	Callao, Callao Region	$31	98	$128	28.5%	Low
98	Callería, Ucayali	$29	50	$164	28.3%	Low
99	San Martín de Porres, Lima Province	$24	34	$72	21.8%	Low
100	Yarinacocha, Ucayali	$24	35	$110	25.4%	Low

Highest Occupancy Airbnb Markets in Peru

Airbnb occupancy rate measures the percentage of available nights actually booked — the most telling indicator of short-term rental demand in a market. Miraflores, Provincia de Lima leads Peru with 43.3% occupancy, $643/month revenue, and 371 active listings. Markets with the highest STR occupancy rates reflect strong, sustained guest demand — a critical signal for investors evaluating where properties will stay consistently booked year-round. This ranking is filtered to markets with 300+ listings to ensure statistical reliability.

#	Market	Occupancy	Active Listings (TTM)	Revenue/mo	ADR	Regulation
1	Miraflores, Provincia de Lima	43.3%	371	$643	$62	Low
2	Barranco, Lima Province	42.2%	427	$362	$49	Low
3	Lima, Provincia de Lima	39.8%	2,216	$391	$61	Low
4	Distrito de Cusco, Cusco	35.4%	1,876	$383	$44	Low
5	Lima Metropolitan Area, Lima	34.7%	10,129	$504	$73	Low
6	San Miguel, Lima Province	33.8%	340	$229	$44	Low
7	Wanchaq, Cusco	32.9%	444	$348	$43	Low
8	Cuzco, Cuzco	30.6%	912	$183	$38	Low
9	Arequipa, Arequipa	29.0%	1,037	$224	$42	Low
10	Tarapoto, San Martín	26.8%	351	$201	$44	Low
11	Iquitos, Loreto	26.2%	304	$163	$36	Low
12	Trujillo, La Libertad	26.0%	419	$152	$38	Low
13	Máncora, Piura	26.0%	451	$944	$158	Low
14	Piura, Piura	25.3%	308	$187	$49	Low
15	Los Órganos, Piura	24.8%	326	$1,064	$195	Low
16	Tacna, Tacna	24.3%	302	$143	$37	Low
17	Cajamarca, Cajamarca	23.9%	508	$142	$39	Low
18	Huaraz, Ancash	23.7%	414	$150	$40	Low
19	Puno, Puno	23.6%	472	$172	$44	Low
20	Ayacucho, Ayacucho	21.3%	304	$116	$36	Low
21	Ica, Ica	21.1%	524	$253	$64	Low
22	Oxapampa, Pasco	20.9%	330	$214	$68	Low
23	Paracas, Ica	20.6%	316	$724	$169	Low
24	Asia, Lima	20.5%	445	$611	$213	Low

How to Choose an Airbnb Investment Market in Peru

No single ranking tells the full story. The best Airbnb market for a given investor depends on their capital, risk tolerance, operating model, and income goals. The four ranking dimensions on this page — market depth, revenue, ADR, and occupancy — serve different investor profiles.

If you prioritize predictable cash flow, start with the occupancy rankings. Markets where occupancy exceeds 55% offer consistent bookings and lower vacancy risk. High-occupancy markets may not have the highest nightly rates, but their revenue stability makes them better suited for mortgage-backed investments where monthly debt coverage matters more than peak earnings.

If you're targeting maximum income per property, use the revenue rankings. Revenue is the product of nightly rate and occupancy — it captures the combined effect of both. The highest-revenue Airbnb markets in Peru tend to be destination cities where travelers stay longer and pay a premium for entire-home listings.

If you're evaluating luxury or premium positioning, the ADR rankings show where guests are willing to pay top dollar per night. High-ADR markets reward property upgrades, professional photography, and amenity investments. However, a high nightly rate with low occupancy may generate less income than a moderately priced listing that stays booked consistently.

If you want the deepest market data, the active listings rankings identify cities with the largest short-term rental supply. More listings mean more comparable properties for pricing, more data points for revenue projections, and typically a more liquid resale market if your investment thesis changes.

In all cases, check the regulation column before committing capital. A profitable market with high regulation may require permits, annual caps on rental days, or costly compliance steps that erode returns. Markets with low regulation offer faster time-to-market but may tighten rules as STR supply grows.

Short-Term Rental Regulation in Peru

Understanding the regulatory environment is critical for any Airbnb investment in Peru. Regulation affects licensing costs, annual operating limits, tax obligations, and the long-term viability of a short-term rental strategy.

Across the 100 markets ranked on this page: 100 have a low regulation profile (generally operator-friendly with minimal licensing requirements), 0 have medium regulation (some permit or registration requirements), and 0 have high regulation (strict licensing, annual rental day caps, or active enforcement). Markets with low regulation offer the lowest barrier to entry, while high-regulation markets may still be profitable — but require careful compliance planning and often limit the number of properties a single operator can manage.

AirROI classifies regulation as a market-level signal based on available ordinance data and platform registration patterns. This is not legal advice — always verify current local ordinances, as short-term rental rules can change rapidly, especially in high-growth markets where municipalities are actively responding to STR expansion.

How We Rank the Best Airbnb Investment Markets in Peru

This page ranks Airbnb markets in Peru across four dimensions that matter most to short-term rental investors and operators: market depth (active listings), revenue potential (monthly income per listing), pricing power (average daily rate), and booking demand (occupancy rate). Each ranking uses the same underlying dataset but sorts by a different metric, giving you multiple lenses to evaluate where to invest in Airbnb in Peru.

No single metric tells the full story. A market with high ADR but low occupancy may underperform one with moderate pricing and strong demand. Revenue captures the combined effect of rate and occupancy, while active listings signal whether a market has enough depth for reliable benchmarking and a liquid resale environment. We include regulation data alongside every ranking so you can weigh compliance risk before committing capital.

Ranking Methodology & Data Sources

Active Listings (TTM): The count of active short-term rental listings in each market over the trailing twelve months — a proxy for market maturity, data reliability, and investor confidence in Peru.
Monthly Revenue: Average gross revenue per listing per month — the bottom-line metric for evaluating Airbnb profitability in Peru and projecting cash flow.
Average Daily Rate (ADR): The mean nightly booking price across all active listings — the clearest measure of a market's short-term rental pricing power.
Occupancy Rate: Percentage of available nights booked — the demand signal that determines how much of your nightly rate converts to actual income. Occupancy rankings are filtered to markets with 300+ listings to exclude small markets with unreliable averages.
Regulation: An indicator of the local regulatory climate in Peru, from low (operator-friendly) to high (strict licensing and enforcement) — essential for assessing compliance risk.

All data is sourced from AirROI's proprietary analytics pipeline, which tracks 20,000,000+ properties across 190+ countries. Metrics are recalculated on a rolling basis using trailing twelve-month aggregates from active listings. For full methodology, see the data methodology page.

Frequently Asked Questions About the Best Airbnb Markets in Peru

These quick answers summarize the most common investor and operator questions using AirROI's latest market data for Peru.

What are the best places to invest in Airbnb in Peru?

Lima Metropolitan Area, Lima leads this ranking for Peru with 10,129 active listings — the largest market by depth. Markets are ranked by listing count because deeper markets offer more comparable data, more pricing benchmarks, and a more predictable operating environment for investors. Each row also shows revenue, ADR, occupancy, and regulation so investors can evaluate based on what matters most to them.

Which market has the highest Airbnb revenue in Peru?

Cieneguilla, Provincia de Lima posts the highest average monthly revenue in this ranking at $1,239. Revenue leaders often combine healthy rates, solid occupancy, and enough listing scale to support repeatable operations rather than one-off outliers.

Which market has the strongest Airbnb occupancy in Peru?

Miraflores, Provincia de Lima has the highest occupancy rate in this comparison at 43.3%. High occupancy can signal resilient demand, but investors still need to balance it against nightly rates, regulation, and supply depth before deciding where to buy or operate.

Which market has the highest Airbnb nightly rate in Peru?

El Carmen, Ica commands the highest average daily rate at $266 per night. A high ADR does not automatically translate to the highest revenue — occupancy and seasonality determine how much of that rate converts to realized income.

Which Airbnb markets in Peru have the lowest regulation?

Lima Metropolitan Area (Lima), Lima (Provincia de Lima), Distrito de Cusco (Cusco) currently show low regulation profiles in this ranking. Lower regulation can reduce compliance costs and time-to-market for new hosts, but investors should always verify local ordinances before purchasing — rules can change quickly as short-term rental markets grow.

Is short-term rental investing still profitable in Peru in 2026?

The markets ranked here average 26.0% occupancy, and the top performer posts $1,239 in monthly revenue. Profitability depends on property acquisition cost, local operating expenses, and regulation compliance — but the data shows active, performing markets exist across Peru for well-researched investors.

How often are AirROI's top Airbnb market rankings updated?

AirROI updates these rankings using the latest market snapshot available in the dataset, which for this page is anchored to 2026. Rankings should be treated as current market intelligence rather than permanent truths because pricing, demand, regulation, and supply can all shift over time.

What metrics should I use to evaluate Airbnb investments in Peru?

The most important metrics for comparing short-term rental markets are active listing count (market depth and data reliability), occupancy rate (demand consistency), average daily rate (pricing power), monthly revenue (income potential), and regulation level (compliance cost and risk). This ranking sorts by market depth first; use the other columns to filter for the profile that fits your investment strategy.

What makes a good Airbnb market for first-time investors in Peru?

First-time investors in Peru should prioritize markets with high occupancy (55%+) and low regulation, which reduce the risk of empty calendars and compliance surprises. Markets with 200+ active listings also provide better benchmarking data and a more predictable operating environment. Revenue is important, but consistent demand is more forgiving for operators still learning pricing and guest management.

What is a good Airbnb occupancy rate in Peru?

Across the markets ranked here, the average occupancy rate in Peru is 26.0%. Occupancy above 50% is generally considered healthy for short-term rentals, and above 65% signals strong, sustained demand. However, the best occupancy rate depends on pricing strategy — some hosts maximize revenue by targeting fewer bookings at higher nightly rates rather than maximizing booking volume.

How does regulation affect Airbnb investment returns in Peru?

Regulation is one of the most overlooked risks in short-term rental investing. In Peru, 100 of 100 ranked markets have low regulation, 0 have medium, and 0 have high. High-regulation markets often require permits, limit annual rental days, or impose occupancy taxes — all of which reduce net returns. Low-regulation markets offer faster time-to-market and lower compliance costs, but rules can tighten as STR supply grows.

What is the difference between ADR and RevPAR for Airbnb investing?

ADR (Average Daily Rate) is the average nightly price guests pay, while RevPAR (Revenue Per Available Rental night) factors in both price and occupancy. A market with $200 ADR and 50% occupancy has $100 RevPAR — the same as a market with $125 ADR and 80% occupancy. RevPAR is a better single-number benchmark for comparing markets because it captures how effectively nightly rates convert to realized income. AirROI's city-level reports include RevPAR with percentile breakdowns for deeper analysis.

How many Airbnb listings does a market need to be investable in Peru?

Markets with fewer than 100 active listings can show volatile averages that do not predict future performance. The median market in this Peru ranking has about 112 listings. Larger markets (500+) offer more reliable data, more comparable properties for pricing, and typically a more liquid exit if you decide to sell. Smaller markets can still be profitable, but investors should treat the data as directional rather than precise.

How do seasonal and year-round Airbnb markets differ in Peru?

Seasonal markets in Peru experience dramatic swings in booking demand — often earning 60-70% of annual revenue in just 3-4 peak months. Year-round markets deliver steadier cash flow with lower peak-to-trough variation. Investors who need predictable monthly income should prioritize high-occupancy markets with low seasonal variance, while those comfortable with cash-flow timing can target seasonal markets where peak rates compensate for off-season softness.

About AirROI Market Data

AirROI tracks over 20 million properties across 190+ countries and maintains 15+ years of historical performance data, making it one of the deepest Airbnb and STR intelligence platforms available. The analytics pipeline aggregates listing-level data monthly — revenue, occupancy, nightly rates, RevPAR, guest demographics, booking patterns, and competitive supply — so investors and operators can benchmark any market against its own history and against neighboring destinations.

Real estate investors, property managers, financial institutions, hospitality consultants, and academic researchers rely on AirROI data to underwrite acquisitions, optimize pricing, model macro trends, and conduct peer-reviewed research. Data is available through in-depth market reports, the data portal for bulk downloads, the Airbnb API with 22 endpoints, and an Airbnb MCP Server for AI agents.

All metrics reflect trailing twelve-month aggregates from active listings as of 2026-08-08. Revenue figures are market averages, not projections. For full methodology, see the data methodology page.

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