Airbnb Market Analytics, Statistics and Data in Richmond, California, United States
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Richmond? 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 Richmond:
How much do Airbnb hosts make on average per month in Richmond?
The short-term rental market in Richmond 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 $1,494 per month
- Strong performing properties (top 25%) make $2,697 or more
- Best-in-class properties (top 10%) achieve $4,240+ monthly
- Entry-level properties (bottom 25%) typically earn around $639
Revenue Variations by Month
Occupancy Rates Throughout the Year in Richmond
The market in Richmond 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 41% occupancy rates
- Strong performing properties (top 25%) achieve 66% or higher
- Best-in-class properties (top 10%) reach 85%+occupancy
- Entry-level properties (bottom 25%) average around 19%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Richmond
Daily rates in Richmond 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 $100 per night
- Strong performing properties (top 25%) secure $149 or more
- Best-in-class properties (top 10%) pull in $228+ per night
- Entry-level properties (bottom 25%) earn around $68
Daily Rate Variations by Month
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Seasonality patterns in Richmond
Peak Season (May, October, November)
- Revenue peaks at $2408.93 per month
- Occupancy rates reach 50.46%
- Daily rates average $132.62
Shoulder Season
- Revenue averages $2003.81 per month
- Occupancy maintains 44.24%
- Daily rates hold at $128.43
Low Season (February, December, January)
- Revenue drops to $1346.07 per month
- Occupancy decreases to 33.42%
- Daily rates adjust to $123.68
Is it still profitable to do Airbnb in Richmond in 2025?
Yes! Richmond demonstrates moderate seasonality with good off-peak opportunities, featuring a growing occupancy rate of 44% and solid monthly revenue averaging $2004 and The market's 170 active listings indicate growing demand with plenty of opportunity for new properties. 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 Richmond
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Point Richmond | Historic waterfront area known for its charming architecture and scenic views. Attracts families and visitors looking for a peaceful retreat with access to local parks and trails. | Point Isabel Regional Shoreline, Rosie the Riveter WWII Home Front National Historical Park, The Craneway Pavilion, Point Richmond Historic Museum, Tangerine, Marina Bay Park |
| Richmond Marina | Vibrant area featuring waterfront dining and recreational opportunities. Ideal for those looking to enjoy water activities and beautiful sunset views. | Richmond Marina Bay, Sacramento-San Joaquin River Delta, Bay Trail, The Red Oak Victory Ship, Marina Bay Park |
| East Richmond Heights | Prosperous neighborhood with hillside views. Great for families and nature lovers who appreciate quiet living with nearby parks and trails. | Wildcat Canyon Regional Park, Richmond Country Club, Hilltop Lake Park, Berkeley Hills |
| North and East Richmond | Diverse neighborhood featuring a mix of cultures and cuisines. Popular among locals and those looking for a culturally rich experience with a range of dining options. | Nicholl Park, Kennedy Park, Richmond Memorial Auditorium, local ethnic restaurants |
| El Cerrito | Adjacent to Richmond, this area offers a suburban feel with access to BART for easy commuting. Attracts families and young professionals. | El Cerrito Plaza, Collins Park, El Cerrito Natural Grocery, César E. Chávez Park |
| Richmond Annex | Residential area with close-knit community vibes. Convenient for guests seeking a quieter stay while being near urban amenities. | Richmond Annex Park, local cafes and shops, close proximity to Berkeley, Richmond's public transport |
| South Richmond | A vibrant community with rich history and culture. Ideal for visitors looking for local experiences and community engagements. | Richmond Art Center, local galleries, community parks, nearby public transport |
| West Contra Costa | Includes various suburban neighborhoods that are family-friendly with good schools and parks. Perfect for families visiting the area. | local community parks, shopping centers in nearby areas, family-friendly amenities |
Do you need a license for Airbnb in Richmond?
We recommend checking directly with Richmond's local government regarding short-term rental licensing requirements. Current market data shows limited licensing information (1% of listings), making it essential to verify current regulations before starting your Airbnb business.
Top Performing Airbnb Properties in Richmond
Spacious cozy and 4BR hose
Entire Place • 4 bedrooms
Spectacular SF Bay Front House with Dramatic Views
Entire Place • 2 bedrooms
Quiet Gem w/city access 2BR 1BA
Entire Place • 2 bedrooms
Bright and inviting home near UC Berkeley/SF/Napa
Entire Place • 3 bedrooms
Adorable 4br/2ba tranquil living with free parking
Entire Place • 4 bedrooms
Clinton Hill ArtHouse
Entire Place • 4 bedrooms
Top Performing Professional Hosts in Richmond
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Tak Ming | 1 | $74,485 | 34 | 4.62/5.0 |
| Jeanette | 1 | $73,271 | 66 | 5.00/5.0 |
| Tipada | 1 | $71,660 | 72 | 4.96/5.0 |
| Nicole | 1 | $71,346 | 60 | 4.97/5.0 |
| Lin | 1 | $68,503 | 81 | 4.70/5.0 |
| Sharon Paulina | 1 | $67,300 | 23 | 4.91/5.0 |
| Charlotte | 3 | $63,240 | 31 | 4.71/5.0 |
| Yanting | 1 | $62,480 | 25 | 4.76/5.0 |
| Kyle | 1 | $61,679 | 18 | 4.94/5.0 |
| Tony | 2 | $59,643 | 72 | 4.94/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Richmond
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 (66.5%), with house and apartment & condo properties comprising 80.0% of inventory
- Untapped potential in outdoor & mobile segments (2.9% combined)
Room Capacity Distribution
Analysis of 170 properties in Richmond shows that 1 bedroom properties are most prevalent, making up 30.6% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 52.9% of all listings.
Key Insights
- Most common: 1 bedroom (30.6%)
- Least common: 5+ bedrooms (0.6%)
- Market concentration: 52.9% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 170 properties in Richmond reveals that 2 guests properties dominate the market, representing 28.8% of all listings. The average property accommodates 2.8 guests, with a clear trend towards smaller guest capacities. Properties accommodating 2 guests and 3 guests make up 40.6% of the market.
Key Insights
- Most common capacity: 2 guests (28.8% of market)
- Least common capacity: 7 guests (3.5% of market)
- Average guest capacity: 2.8 guests per property
- Market concentration: 40.6% in top 2 capacity sizes
- Market segmentation: Predominantly smaller guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 170 properties in Richmond, the most common availability pattern is 271-366 days (48.8% of properties). For actual bookings, properties most frequently secure bookings for 31-90 days (25.9% of properties).
Key Insights
- Most common availability window: 271-366 days (48.8%)
- Most common booking duration: 31-90 days (25.9%)
- Properties with high availability (180+ days): 74.1%
- Properties with long-term bookings (180+ days): 26.5%
Minimum Stay Distributions
1 Night
47 listings
32% of total
2 Nights
32 listings
21.8% of total
3 Nights
22 listings
15% of total
4-6 Nights
18 listings
12.2% of total
7-29 Nights
16 listings
10.9% of total
30+ Nights
12 listings
8.2% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 53.8%
- Mid-length stays (4-6 nights) represent 12.2% of listings
- Monthly+ stays (8.2%) suggest a stable extended-stay market
- High market flexibility with 68.8% 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
Flexible
38 listings
25.9% of total
Moderate
52 listings
35.4% of total
Firm
23 listings
15.6% of total
Strict
34 listings
23.1% of total
Key Insights
- Moderate is the preferred policy at 35.4% of listings
- Guest-friendly policies (Flexible & Moderate) dominate at 61.3% of the market
- Firm policies are least common at 15.6% of listings
Recommendations
- Consider starting with a Moderate policy to align with market preferences
- 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, Apr, averaging 42 days
- Shortest booking windows are in Oct, Feb, Jan, averaging 28 days
- Summer shows the longest average booking window at 39 days, while Winter has the shortest at 28 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 39 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Oct-Jan when lead times are shortest
Popular Airbnb Amenities in Richmond
Below is the distribution of amenities across listings in Richmond:
Traveler Demographics
Key Insights
- Domestic travelers make up 90% of total guests, indicating a dominant local market share.
- Primary international markets: Canada (1.8%) and United Kingdom (1.5%)
- English is the top language at 68%, followed by Spanish (20.3%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 7.6%
Recommendations
- Target marketing campaigns for Los Angeles and San Francisco markets
- Develop localized content for Canada and United Kingdom
- Prioritize English and Spanish 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 Richmond. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Carmel Point | 14 | $17,197 | $1060.21 | 54% |
| Big Sur | 10 | $13,758 | $1307.48 | 49% |
| Del Monte Forest | 102 | $10,351 | $907.23 | 47% |
| Sonoma | 226 | $9,950 | $763.78 | 46% |
| Eldridge | 18 | $9,899 | $862.21 | 44% |
| Glen Ellen | 79 | $9,092 | $738.01 | 44% |
| Carmel-by-the-Sea | 309 | $8,776 | $666.30 | 48% |
| Dillon Beach | 79 | $8,690 | $647.65 | 44% |
| Moss Beach | 35 | $8,668 | $635.23 | 51% |
| Kenwood | 55 | $8,081 | $707.34 | 40% |
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