Airbnb Market Analytics, Statistics and Data in Halifax, Nova Scotia, Canada
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Halifax? AirROI have just the data insights! Over the last twelve months from February 2024 to January 2025, we've uncovered key trends and opportunities that successful hosts are leveraging in Halifax:
How much do Airbnb hosts make on average per month in Halifax?
The short-term rental market in Halifax shows distinct revenue patterns across different property tiers. Our analysis reveals that successful properties combine strategic pricing with quality management to maximize earnings potential. Market data demonstrates clear revenue differentiation among properties:
- Typical properties (median) earn $2,063 per month
- Strong performing properties (top 25%) make $3,434 or more
- Best-in-class properties (top 10%) achieve $5,446+ monthly
- Entry-level properties (bottom 25%) typically earn around $1,164
Revenue Variations by Month
Occupancy Rates Throughout the Year in Halifax
The market in Halifax shows distinct occupancy patterns influenced by seasonal trends and local dynamics. Properties that maintain high guest satisfaction scores and implement strategic pricing consistently achieve stronger occupancy rates. Current market data shows:
- Typical properties (median) maintain 58% occupancy rates
- Strong performing properties (top 25%) achieve 78% or higher
- Best-in-class properties (top 10%) reach 89%+occupancy
- Entry-level properties (bottom 25%) average around 33%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Halifax
Daily rates in Halifax vary based on seasonality, property quality, and market dynamics. Properties that effectively balance competitive pricing with strong amenities typically command higher rates. Market analysis shows the following rate structure:
- Typical properties (median) generate $105 per night
- Strong performing properties (top 25%) secure $159 or more
- Best-in-class properties (top 10%) pull in $231+ per night
- Entry-level properties (bottom 25%) earn around $71
Daily Rate Variations by Month
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Seasonality patterns in Halifax
Peak Season (August, June, July)
- Revenue peaks at $3573.51 per month
- Occupancy rates reach 69.68%
- Daily rates average $146.10
Shoulder Season
- Revenue averages $2644.18 per month
- Occupancy maintains 54.94%
- Daily rates hold at $130.25
Low Season (November, December, January)
- Revenue drops to $1342.57 per month
- Occupancy decreases to 37.58%
- Daily rates adjust to $119.67
Is it still profitable to do Airbnb in Halifax in 2025?
Yes! Halifax demonstrates highly seasonal trends requiring strategic adaptation, featuring a healthy occupancy rate of 55% and strong monthly revenue averaging $2644 and As a mature market with 804 active listings, there's strong demand despite the competition. There's also room for profit through rental arbitrage strategies, if you can identify competitively priced properties. To maximize your return on investment, consider employing the following strategies:
Peak Season Strategy
- Implement premium seasonal pricing strategies
- Set longer minimum stay requirements during high-demand periods
- Enforce stricter cancellation policies
Shoulder Season Strategy
- Maintain competitive market-based pricing
- Offer moderate-length stay incentives
- Target a mix of leisure and business travelers with flexible booking terms
- Focus on weekend getaway packages and mid-week business traveler promotions
Low Season Strategy
- Adjust pricing to remain competitive in the market
- Target different guest segments (business travelers, long-term stays, holiday visitors, event attendees, remote workers)
- Create targeted promotional campaigns to drive occupancy
Top Places to Start Airbnb in Halifax
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Downtown Halifax | The heart of the city with access to historic sites, shops, and restaurants. Popular among tourists for its vibrant atmosphere and numerous attractions. | Halifax Citadel, Halifax Waterfront, NS Museum of Natural History, Maritime Museum of the Atlantic, Public Gardens |
| Halifax Waterfront | A lively area with stunning harbor views, shops, and dining. Perfect for guests looking for a relaxing stay with activities right at their doorstep. | Halifax Boardwalk, The Canadian Museum of Immigration at Pier 21, George's Island, Halifax Seaport, Ferry Terminal |
| Bedford | A suburban community just outside Halifax, popular for families and longer-term stays. It offers a quieter atmosphere while still being close to city amenities. | Bedford Basin, Paper Mill Lake, John W. Lindsay YMCA, Shops at Dartmouth Crossing |
| North End Halifax | A trendy neighborhood with a mix of culture, history, and great food. Attracts younger travelers and those looking for a local experience. | Queen’s Marque, Halifax Common, Keith's Brewery, The Khyber Centre for the Arts, local shops and cafes |
| Dartmouth | Across the harbor from Halifax, with its own attractions and a growing arts scene. Offers a more affordable option for travelers while still being close to the city. | Dartmouth Waterfront, Mic Mac Mall, Shubenacadie Canal, Alderney Landing |
| Spryfield | A family-oriented area that is becoming increasingly popular with guests looking for more budget-friendly accommodations near nature and parks. | McIntosh Run Nature Park, Landsdowne Park, Spryfield Plaza |
| Clayton Park | A suburban area with easy access to shopping and major road routes. Popular for business travelers and families visiting Halifax. | Bayers Lake Business Park, Halifax Shopping Centre, local parks |
| Pennant Park | A developing neighborhood known for its community feel and access to urban conveniences. Ideal for guests seeking a quiet yet accessible stay. | Local parks, Community centers, Accessibility to Halifax via public transport |
Do you need a license for Airbnb in Halifax?
Yes, Halifax requires a license for operating an Airbnb. Current market data shows 71% of active listings maintain proper licensing, confirming this requirement. Getting licensed is an essential first step before listing your property.
Top Performing Airbnb Properties in Halifax
Luxury Halifax Waterfront Paradise -Pool & Hot Tub
Entire Place • 2 bedrooms
Vibrant Downtown Estate with Parking - 8 Bedrooms
Entire Place • 8 bedrooms
Heaven on Kearney Lake
Entire Place • 7 bedrooms
Downtown House-BEST ROOFTOP PATIO&HotTub in HFX
Entire Place • 4 bedrooms
Historic downtown Halifax 5-bedroom home
Entire Place • 5 bedrooms
Chic Cozy Retreat - 2BR - Stunning North End Views
Entire Place • 2 bedrooms
Top Performing Professional Hosts in Halifax
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Sweet Digs | 40 | $841,920 | 1257 | 4.15/5.0 |
| Jeremy | 11 | $612,087 | 688 | 4.95/5.0 |
| M. Hooper Vacation Rentals LTD | 17 | $604,119 | 1061 | 4.65/5.0 |
| Inn Vogue Suites | 13 | $552,643 | 1338 | 4.83/5.0 |
| Sid | 13 | $550,127 | 2597 | 4.36/5.0 |
| Jay | 6 | $447,176 | 1810 | 4.81/5.0 |
| Jeff | 6 | $421,240 | 395 | 4.92/5.0 |
| Paul | 11 | $295,631 | 6501 | 4.82/5.0 |
| Sammi | 8 | $286,945 | 223 | 4.26/5.0 |
| Morgan | 6 | $251,643 | 342 | 4.86/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Halifax
AirROI also have other key metrics and comprehensive data for your vacation rental, real estate needs. Go explore the advanced metrics that can help you make informed decisions:
Room Type Distribution
Property Type Distribution
Key Insights
- Market dominated by entire home listings (74.1%), with apartment & condo and house properties comprising 85.2% of inventory
- Untapped potential in outdoor & mobile segments (0.2% combined)
Room Capacity Distribution
Analysis of 804 properties in Halifax shows that 1 bedroom properties are most prevalent, making up 47.5% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 68.8% of all listings.
Key Insights
- Most common: 1 bedroom (47.5%)
- Least common: 5+ bedrooms (1.2%)
- Market concentration: 68.8% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 804 properties in Halifax reveals that 2 guests properties dominate the market, representing 33.3% of all listings. The average property accommodates 3.1 guests, with a clear trend towards smaller guest capacities. Properties accommodating 2 guests and 4 guests make up 52.6% of the market.
Key Insights
- Most common capacity: 2 guests (33.3% of market)
- Least common capacity: 7 guests (1.7% of market)
- Average guest capacity: 3.1 guests per property
- Market concentration: 52.6% in top 2 capacity sizes
- Market segmentation: Predominantly smaller guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 804 properties in Halifax, the most common availability pattern is 181-270 days (33% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (32.3% of properties).
Key Insights
- Most common availability window: 181-270 days (33%)
- Most common booking duration: 91-180 days (32.3%)
- Properties with high availability (180+ days): 58.8%
- Properties with long-term bookings (180+ days): 43.8%
Minimum Stay Distributions
1 Night
208 listings
33% of total
2 Nights
190 listings
30.1% of total
3 Nights
49 listings
7.8% of total
4-6 Nights
24 listings
3.8% of total
7-29 Nights
113 listings
17.9% of total
30+ Nights
47 listings
7.4% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 63.1%
- Mid-length stays (4-6 nights) represent 3.8% of listings
- Monthly+ stays (7.4%) suggest a stable extended-stay market
- High market flexibility with 70.9% accepting 3 nights or less
Recommendations
- Set minimum stays between 2-3 nights to align with market standards
- Adjust minimum stays seasonally based on demand patterns
- Consider monthly stay discounts to capture the growing extended-stay market
- Implement different minimum stays for weekends vs. weekdays
Cancellation Policy Distribution
Super Strict 60 Days
2 listings
0.3% of total
Super Strict 30 Days
2 listings
0.3% of total
Flexible
128 listings
19.7% of total
Moderate
237 listings
36.5% of total
Firm
136 listings
21% of total
Strict
144 listings
22.2% of total
Key Insights
- Moderate is the preferred policy at 36.5% of listings
- The market shows a balanced distribution between guest-friendly (56.2%) and strict (43.2%) policies
- Strong market consensus around Moderate policies
- Super Strict 30 Days policies are least common at 0.3% of listings
Recommendations
- Market supports various policies - choose based on your property type and target guests
- Strong market preference for Moderate policies suggests this should be your baseline
- Consider generous cancellation terms as a competitive advantage
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Jul, Jun, May, averaging 73 days
- Shortest booking windows are in Dec, Feb, Jan, averaging 35 days
- Summer shows the longest average booking window at 70 days, while Winter has the shortest at 35 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 70 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Dec-Jan when lead times are shortest
Popular Airbnb Amenities in Halifax
Below is the distribution of amenities across listings in Halifax:
Traveler Demographics
Key Insights
- Domestic travelers make up 77.6% of total guests, indicating a dominant local market share.
- Primary international markets: United States (13.7%) and United Kingdom (2.4%)
- English is the top language at 70.9%, followed by French (17.6%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 7.0%
Recommendations
- Target marketing campaigns for Toronto and Ottawa markets
- Develop localized content for United States and United Kingdom
- Prioritize English and French language support
- Tailor experiences for Pre-1950s (Silent Gen) while maintaining broad age appeal
- Implement seasonal promotions aligned with key market travel patterns
Nearby Markets
Explore short-term rental performance in markets surrounding Halifax. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Boutiliers Point | 12 | $4,912 | $232.82 | 62% |
| Lakelands | 10 | $4,700 | $301.00 | 46% |
| Hunts Point | 14 | $4,064 | $279.15 | 44% |
| Chittenden | 17 | $3,498 | $273.99 | 41% |
| Hammonds Plains | 10 | $3,248 | $196.39 | 57% |
| Queensland | 15 | $3,220 | $257.89 | 54% |
| Feltzen South | 21 | $2,707 | $196.86 | 43% |
| Vaughan | 38 | $2,566 | $186.31 | 47% |
| Wentworth | 23 | $2,518 | $220.55 | 44% |
| Port Williams | 16 | $2,488 | $243.87 | 50% |
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