Airbnb Market Analytics, Statistics and Data in Greenwich, Connecticut, United States
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Greenwich? 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 Greenwich:
How much do Airbnb hosts make on average per month in Greenwich?
The short-term rental market in Greenwich 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 $2,530 per month
- Strong performing properties (top 25%) make $4,936 or more
- Best-in-class properties (top 10%) achieve $9,735+ monthly
- Entry-level properties (bottom 25%) typically earn around $1,248
Revenue Variations by Month
Occupancy Rates Throughout the Year in Greenwich
The market in Greenwich 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 40% occupancy rates
- Strong performing properties (top 25%) achieve 63% or higher
- Best-in-class properties (top 10%) reach 83%+occupancy
- Entry-level properties (bottom 25%) average around 22%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Greenwich
Daily rates in Greenwich 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 $250 per night
- Strong performing properties (top 25%) secure $518 or more
- Best-in-class properties (top 10%) pull in $883+ per night
- Entry-level properties (bottom 25%) earn around $118
Daily Rate Variations by Month
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Seasonality patterns in Greenwich
Peak Season (September, July, November)
- Revenue peaks at $6176.07 per month
- Occupancy rates reach 58.43%
- Daily rates average $419.07
Shoulder Season
- Revenue averages $4296.76 per month
- Occupancy maintains 43.39%
- Daily rates hold at $391.79
Low Season (February, April, March)
- Revenue drops to $2401.60 per month
- Occupancy decreases to 31.80%
- Daily rates adjust to $367.77
Is it still profitable to do Airbnb in Greenwich in 2025?
Yes! Greenwich demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 43% and strong monthly revenue averaging $4297 and With 100 active listings, this emerging market offers significant first-mover advantages. 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 Greenwich
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Greenwich Town Center | The heart of Greenwich, offering a mix of upscale shops, dining, and cultural experiences. A prime location for visitors seeking to experience the town’s vibrant community and historic charm. | Greenwich Avenue, Bruce Museum, Capri Theater, Perrot Memorial Library, Greenwich Historical Society |
| Old Greenwich | A quaint coastal neighborhood popular for its beautiful beaches and charming small-town vibe. Ideal for families and those seeking a laid-back atmosphere with access to outdoor activities. | Old Greenwich Beach, Island Beach, Greenwich Point Park, The Village Green, Nearby parks and trails |
| Cos Cob | A historic neighborhood known for its scenic charm and proximity to the water. Great for those looking for a peaceful retreat while still being close to the amenities of downtown Greenwich. | Cos Cob Park, Greenwich Historical Society's Bush-Holley House, The Cos Cob Art Center, Local eateries and shops |
| Riverside | A beautiful waterfront neighborhood that offers a mix of residential elegance and scenic landscapes. Popular among families and those who appreciate a suburban lifestyle with parkland and beaches. | Riverside Park, Greenwich Beach, Babcock Preserve, Local coffee shops and restaurants |
| Byram | An up-and-coming section of Greenwich with a diverse community and more affordable options for lodging. Attractive for younger travelers and those looking for value without sacrificing location. | Byram Park, Byram Shore Park, Local dining spots, Eldredge Park |
| Lake Avenue Area | Known for its family-friendly environment and proximity to schools and parks. A great choice for families visiting Greenwich or those participating in long-term stays. | Bolegno Park, Central Middle School, Nearby shops and local parks |
| Backcountry | An affluent area known for its large estates and natural beauty. Appeals to those looking for a peaceful, high-end experience away from the hustle and bustle. | Greenwich Audubon Center, Greenwich Riding and Trails, Nature parks |
| The Avenue | The main thoroughfare lined with shops, restaurants, and cafes, perfect for tourists wanting to soak in the atmosphere of upscale shopping and dining in Greenwich. | Shops on Greenwich Avenue, Fine dining restaurants, Local galleries, Cultural events and festivals |
Do you need a license for Airbnb in Greenwich?
We recommend checking directly with Greenwich's local government regarding short-term rental licensing requirements. Current market data shows limited licensing information (2% of listings), making it essential to verify current regulations before starting your Airbnb business.
Top Performing Airbnb Properties in Greenwich
Mansion in Greenwich with lake
Entire Place • 6 bedrooms
Old Greenwich Gem
Entire Place • 4 bedrooms
Charming Greenwich Escape Near Wooded Trails!
Entire Place • 3 bedrooms
Greenwich Home w/pool (pool open April-October)
Entire Place • 4 bedrooms
![Walk to Greenwich Ave [KING bed] BEST Location](https://a0.muscache.com/im/pictures/airflow/Hosting-38456189/original/92cfeaba-2191-424a-af7c-3ecb5348d31d.jpg)
Walk to Greenwich Ave [KING bed] BEST Location
Entire Place • 3 bedrooms
Sun-filled Farmhouse for 8
Entire Place • 4 bedrooms
Top Performing Professional Hosts in Greenwich
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Alison | 1 | $405,200 | 3 | 5.00/5.0 |
| Sherri | 9 | $295,488 | 100 | 4.91/5.0 |
| Henri | 4 | $268,246 | 198 | 4.91/5.0 |
| Rob White | 3 | $147,945 | 1090 | 4.77/5.0 |
| Michelle | 2 | $139,775 | 51 | 4.97/5.0 |
| Joseph | 1 | $133,754 | 7 | 5.00/5.0 |
| Evolve | 1 | $119,297 | 7 | 4.86/5.0 |
| Claire | 1 | $118,960 | 14 | 5.00/5.0 |
| Bruna | 1 | $108,184 | 120 | 4.92/5.0 |
| 30236529 | 1 | $108,093 | 1 | 0.00/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Greenwich
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%), with house and apartment & condo properties comprising 82.0% of inventory
- Untapped potential in others, outdoor & mobile, unique stays segments (7.0% combined)
Room Capacity Distribution
Analysis of 100 properties in Greenwich shows that 1 bedroom properties are most prevalent, making up 33% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 51.0% of all listings.
Key Insights
- Most common: 1 bedroom (33%)
- Least common: 5+ bedrooms (6%)
- Market concentration: 51.0% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 100 properties in Greenwich reveals that 2 guests properties dominate the market, representing 26% of all listings. The average property accommodates 3.6 guests, with a clear trend towards larger guest capacities. Properties accommodating 2 guests and 4 guests make up 39.0% of the market.
Key Insights
- Most common capacity: 2 guests (26% of market)
- Least common capacity: 1 guest (2% of market)
- Average guest capacity: 3.6 guests per property
- Market concentration: 39.0% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 100 properties in Greenwich, the most common availability pattern is 271-366 days (47% of properties). For actual bookings, properties most frequently secure bookings for 31-90 days (31% of properties).
Key Insights
- Most common availability window: 271-366 days (47%)
- Most common booking duration: 31-90 days (31%)
- Properties with high availability (180+ days): 77.0%
- Properties with long-term bookings (180+ days): 27.0%
Minimum Stay Distributions
1 Night
22 listings
24.7% of total
2 Nights
17 listings
19.1% of total
3 Nights
18 listings
20.2% of total
4-6 Nights
21 listings
23.6% of total
7-29 Nights
2 listings
2.2% of total
30+ Nights
9 listings
10.1% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 43.8%
- Mid-length stays (4-6 nights) represent 23.6% of listings
- Monthly+ stays (10.1%) suggest a stable extended-stay market
- High market flexibility with 64.0% 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 30 Days
1 listings
1.1% of total
Flexible
13 listings
14.6% of total
Moderate
22 listings
24.7% of total
Firm
21 listings
23.6% of total
Strict
32 listings
36% of total
Key Insights
- Strict is the preferred policy at 36.0% of listings
- The market shows a balanced distribution between guest-friendly (39.3%) and strict (59.6%) policies
- Strong market consensus around Strict policies
- Super Strict 30 Days policies are least common at 1.1% of listings
Recommendations
- Market supports various policies - choose based on your property type and target guests
- Strong market preference for Strict policies suggests this should be your baseline
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Apr, Jul, Nov, averaging 58 days
- Shortest booking windows are in May, Jun, Jan, averaging 34 days
- Spring shows the longest average booking window at 51 days, while Winter has the shortest at 41 days
Recommendations
- Implement dynamic pricing strategies for Spring bookings at least 51 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during May-Jan when lead times are shortest
Popular Airbnb Amenities in Greenwich
Every property in Greenwich comes standard with Wifi. Below shows the distribution of other amenities:
Traveler Demographics
Key Insights
- Domestic travelers make up 87.6% of total guests, indicating a dominant local market share.
- Primary international markets: United Kingdom (2.8%) and Canada (1.7%)
- English is the top language at 71.6%, followed by Spanish (15.2%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 5.8%
Recommendations
- Target marketing campaigns for New York and Greenwich markets
- Develop localized content for United Kingdom and Canada
- 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 Greenwich. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Town of Kingston | 11 | $8,281 | $500.11 | 49% |
| Frankford Township | 10 | $7,076 | $504.38 | 44% |
| Town of Stuyvesant | 11 | $6,822 | $515.82 | 41% |
| Brookfield | 14 | $6,762 | $517.20 | 50% |
| Town of Niskayuna | 11 | $6,323 | $506.30 | 47% |
| Town of Pawling | 16 | $6,299 | $363.35 | 58% |
| Town of East Hampton | 1,437 | $6,201 | $979.48 | 37% |
| Town of Monroe | 24 | $6,190 | $693.85 | 36% |
| Town of Southampton | 1,323 | $6,085 | $961.78 | 36% |
| Town of Thompson | 70 | $5,836 | $534.64 | 39% |
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