Airbnb Market Analytics, Statistics and Data in Hamilton, Ontario, Canada
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Hamilton? 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 Hamilton:
How much do Airbnb hosts make on average per month in Hamilton?
The short-term rental market in Hamilton 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 $1,450 per month
- Strong performing properties (top 25%) make $2,565 or more
- Best-in-class properties (top 10%) achieve $4,243+ monthly
- Entry-level properties (bottom 25%) typically earn around $701
Revenue Variations by Month
Occupancy Rates Throughout the Year in Hamilton
The market in Hamilton 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 47% occupancy rates
- Strong performing properties (top 25%) achieve 71% or higher
- Best-in-class properties (top 10%) reach 86%+occupancy
- Entry-level properties (bottom 25%) average around 23%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Hamilton
Daily rates in Hamilton 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 $84 per night
- Strong performing properties (top 25%) secure $134 or more
- Best-in-class properties (top 10%) pull in $227+ per night
- Entry-level properties (bottom 25%) earn around $57
Daily Rate Variations by Month
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Seasonality patterns in Hamilton
Peak Season (June, August, May)
- Revenue peaks at $2591.52 per month
- Occupancy rates reach 58.04%
- Daily rates average $134.38
Shoulder Season
- Revenue averages $2089.25 per month
- Occupancy maintains 47.11%
- Daily rates hold at $127.28
Low Season (February, December, January)
- Revenue drops to $1233.97 per month
- Occupancy decreases to 37.57%
- Daily rates adjust to $119.83
Is it still profitable to do Airbnb in Hamilton in 2025?
Yes! Hamilton demonstrates highly seasonal trends requiring strategic adaptation, featuring a healthy occupancy rate of 47% and solid monthly revenue averaging $2089 and As a mature market with 916 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 Hamilton
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Downtown Hamilton | The central business district with a mix of historic and modern architecture. Great for those visiting for business, events, or cultural experiences. | Hamilton City Hall, Art Gallery of Hamilton, First Ontario Centre, Hamilton Farmers' Market, Bayfront Park |
| Westdale | A charming neighborhood close to McMaster University, perfect for young travelers and students. Offers a mix of local shops and restaurants. | McMaster University, Westdale Village, Royal Botanical Gardens, Chedoke Falls, Westdale Secondary School |
| Stoney Creek | A family-friendly area with access to beautiful parks and the escarpment. Popular with travelers looking for nature and outdoor activities. | Devil's Punchbowl, Erie West Marina, Battlefield House Museum, Gage Park, Stoney Creek Conservation Area |
| Ancaster | A picturesque suburb with historic homes and a quaint downtown. Appeals to those looking for a quieter, scenic getaway. | Ancaster Village, Fieldcote Memorial Park, Ancaster Old Mill, Muddy Waters Espresso Bar, Tiffany Falls Conservation Area |
| Lime Ridge | A retail and commercial hub with easy access to major highways. Attracts shoppers and business travelers alike. | Lime Ridge Mall, Sherwood Park, Eagle Place Park, St. Elizabeth's Church, Chedoke Golf Club |
| Durand | A vibrant, historical neighborhood known for its beautiful homes and proximity to downtown. Ideal for those looking for a mix of historic charm and urban convenience. | Royal Connaught Hotel, Hamilton General Hospital, Dundurn Castle, Durand Park, Gage Park |
| Burlington | Just outside Hamilton, this city offers lakeside attractions and a relaxed atmosphere. Great for weekend getaways. | Burlington Beach, Spencer Smith Park, Royal Botanical Gardens, Burlington Performing Arts Centre, Joseph Brant Museum |
| Locke Street | A trendy area filled with shops, restaurants, and a vibrant community feel. Popular with both locals and visitors looking for unique dining options. | Locke Street shops, The West Hampster Cafe, HAAA! Fine Art Gallery, Mason Thrift Store, The Hamilton Brewery |
Do you need a license for Airbnb in Hamilton?
We recommend checking directly with Hamilton's local government regarding short-term rental licensing requirements. Current market data shows limited licensing information (0% of listings), making it essential to verify current regulations before starting your Airbnb business.
Top Performing Airbnb Properties in Hamilton
The Kirkendall Mansion & Coach House
Entire Place • 14 bedrooms
Lakefront Dream Home With Hot Tub & Beach Access
Entire Place • 4 bedrooms
Stunning Views, Modern Lake Beachfront - HOT TUB!
Entire Place • 3 bedrooms
Beachfront Escape | Lakeview deck, Hot Tub, Games
Entire Place • 4 bedrooms
Luxurious 6BR Beach House with Firepit
Entire Place • 6 bedrooms
Country living, relax, fun.
Entire Place • 4 bedrooms
Top Performing Professional Hosts in Hamilton
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Travelluxe | 5 | $548,133 | 539 | 4.78/5.0 |
| Yetty | 3 | $500,639 | 45 | 4.80/5.0 |
| Jennifer | 8 | $424,283 | 667 | 4.88/5.0 |
| Manuella | 10 | $347,454 | 907 | 4.77/5.0 |
| Mais | 6 | $263,684 | 1065 | 4.90/5.0 |
| Faith | 2 | $234,225 | 51 | 4.95/5.0 |
| Jordan | 3 | $222,364 | 125 | 4.89/5.0 |
| Globalstay | 8 | $212,899 | 53 | 3.66/5.0 |
| Carstin | 9 | $196,920 | 203 | 4.44/5.0 |
| Tonia | 7 | $192,164 | 413 | 4.75/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Hamilton
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 (75.5%), with house and apartment & condo properties comprising 80.8% of inventory
- Untapped potential in boutique & hotels, outdoor & mobile, unique stays segments (5.4% combined)
Room Capacity Distribution
Analysis of 916 properties in Hamilton shows that 1 bedroom properties are most prevalent, making up 39.4% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 58.6% of all listings.
Key Insights
- Most common: 1 bedroom (39.4%)
- Least common: 5+ bedrooms (3.3%)
- Market concentration: 58.6% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 916 properties in Hamilton reveals that 2 guests properties dominate the market, representing 26.4% of all listings. The average property accommodates 3.4 guests, with a clear trend towards larger guest capacities. Properties accommodating 2 guests and 4 guests make up 43.7% of the market.
Key Insights
- Most common capacity: 2 guests (26.4% of market)
- Least common capacity: 7 guests (1.7% of market)
- Average guest capacity: 3.4 guests per property
- Market concentration: 43.7% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 916 properties in Hamilton, the most common availability pattern is 271-366 days (35.9% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (30.9% of properties).
Key Insights
- Most common availability window: 271-366 days (35.9%)
- Most common booking duration: 91-180 days (30.9%)
- Properties with high availability (180+ days): 67.0%
- Properties with long-term bookings (180+ days): 34.6%
Minimum Stay Distributions
1 Night
262 listings
34.4% of total
2 Nights
210 listings
27.6% of total
3 Nights
62 listings
8.1% of total
4-6 Nights
75 listings
9.9% of total
7-29 Nights
107 listings
14.1% of total
30+ Nights
45 listings
5.9% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 62.0%
- Mid-length stays (4-6 nights) represent 9.9% of listings
- Monthly+ stays (5.9%) suggest a stable extended-stay market
- High market flexibility with 70.1% 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
10 listings
1.4% of total
Flexible
174 listings
23.6% of total
Moderate
232 listings
31.4% of total
Firm
147 listings
19.9% of total
Strict
175 listings
23.7% of total
Key Insights
- Moderate is the preferred policy at 31.4% of listings
- The market shows a balanced distribution between guest-friendly (55.0%) and strict (43.6%) policies
- Strong market consensus around Moderate policies
- Super Strict 60 Days policies are least common at 1.4% 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, Nov, averaging 51 days
- Shortest booking windows are in Dec, Feb, Jan, averaging 35 days
- Summer shows the longest average booking window at 48 days, while Winter has the shortest at 35 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 48 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 Hamilton
Below is the distribution of amenities across listings in Hamilton:
Traveler Demographics
Key Insights
- Domestic travelers make up 72.3% of total guests, indicating a dominant local market share.
- Primary international markets: United States (19.1%) and United Kingdom (2.3%)
- English is the top language at 74%, followed by French (13.9%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 5.9%
Recommendations
- Target marketing campaigns for Toronto and Hamilton 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 Hamilton. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Town of Mansfield | 63 | $4,651 | $523.54 | 32% |
| Town of West Seneca | 15 | $4,577 | $259.87 | 51% |
| Town of Porter | 24 | $4,435 | $295.70 | 56% |
| North East Township | 33 | $3,856 | $266.39 | 49% |
| Town of Orchard Park | 34 | $3,785 | $265.39 | 48% |
| Town of Elma | 10 | $3,759 | $428.41 | 49% |
| Town of Ellicottville | 210 | $3,635 | $375.94 | 35% |
| Niagara-on-the-Lake | 423 | $3,536 | $270.29 | 44% |
| Whitchurch-Stouffville | 41 | $3,530 | $261.10 | 40% |
| Town of Wilson | 28 | $3,415 | $254.39 | 49% |
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