Airbnb Market Analytics, Statistics and Data in Champaign, Illinois, United States
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Champaign? 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 Champaign:
How much do Airbnb hosts make on average per month in Champaign?
The short-term rental market in Champaign 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 $2,233 per month
- Strong performing properties (top 25%) make $3,937 or more
- Best-in-class properties (top 10%) achieve $5,983+ monthly
- Entry-level properties (bottom 25%) typically earn around $1,199
Revenue Variations by Month
Occupancy Rates Throughout the Year in Champaign
The market in Champaign 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 49% occupancy rates
- Strong performing properties (top 25%) achieve 68% or higher
- Best-in-class properties (top 10%) reach 85%+occupancy
- Entry-level properties (bottom 25%) average around 29%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Champaign
Daily rates in Champaign 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 $128 per night
- Strong performing properties (top 25%) secure $205 or more
- Best-in-class properties (top 10%) pull in $297+ per night
- Entry-level properties (bottom 25%) earn around $83
Daily Rate Variations by Month
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Seasonality patterns in Champaign
Peak Season (August, May, June)
- Revenue peaks at $3525.25 per month
- Occupancy rates reach 67.91%
- Daily rates average $193.60
Shoulder Season
- Revenue averages $2918.26 per month
- Occupancy maintains 49.04%
- Daily rates hold at $169.14
Low Season (February, December, January)
- Revenue drops to $1853.48 per month
- Occupancy decreases to 38.27%
- Daily rates adjust to $145.81
Is it still profitable to do Airbnb in Champaign in 2025?
Yes! Champaign demonstrates moderate seasonality with good off-peak opportunities, featuring a healthy occupancy rate of 49% and strong monthly revenue averaging $2918 and With 235 active listings, the market shows established demand while maintaining room for growth. 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 Champaign
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| University of Illinois Campus | A vibrant area bustling with students and faculty, offering high demand for short-term rentals during the academic year and for events. | Krannert Art Museum, Allerton Park, Illini Union, Memorial Stadium, Champaign-Urbana Symphony Orchestra |
| Downtown Champaign | The heart of the city, featuring a variety of restaurants, bars, and entertainment options, making it popular for both visitors and locals. | Virginia Theatre, Champaign County Historical Museum, Downtown Champaign Farmers Market, local breweries, art galleries |
| Campustown | Located adjacent to the University, this area is lively and ideal for students and parents visiting their children, especially during events. | Champaign-Urbana Mass Transit District, Henning Recreation Area, numerous cafes and shops, Illini Union Bookstore |
| North Champaign | A residential area with good access to local parks and schools, appealing to families and longer-term visitors looking for a quieter stay. | Douglass Park, Morris Cemetery, Hessel Park, local dining options |
| East Urbana | A suburban feel with access to parks and family-friendly amenities. This area attracts families and those looking for leisurely stays. | Crystal Lake Park, Urbana Park District, local farmers markets, Urbana Sweetcorn Festival |
| West Champaign | A rapidly growing area with ample shopping and dining options. Attracts business professionals and families alike. | Sholem Aquatic Center, Research Park, local malls and shopping centers, community parks |
| Champaign Historic District | Known for its beautiful historic homes and tree-lined streets. Attracts those looking for charm and character in their stay. | Champaign Public Library, West Side Park, numerous historical landmarks, scenic walks |
| Rural Areas of Champaign County | For those looking for a more secluded and tranquil experience, with opportunities for outdoor activities such as hiking and fishing. | Lake of the Woods Forest Preserve, Horseshoe Lake, local wildlife reserves, peaceful natural surroundings |
Do you need a license for Airbnb in Champaign?
We recommend checking directly with Champaign'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 Champaign
King Bed, Hot Tub, Trampoline, Pets Welcome FREE!
Entire Place • 3 bedrooms
Family Home on Quiet Cul-De-Sac - Close to Campus
Entire Place • 4 bedrooms
Spacious Craftsman Charmer
Entire Place • 6 bedrooms
The New Orleans House
Entire Place • 5 bedrooms
Stylish Home: 4BR minutes to Campus & Downtown
Entire Place • 4 bedrooms
BIG house- Central location 6 blocks to campus
Entire Place • 6 bedrooms
Top Performing Professional Hosts in Champaign
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| P J | 8 | $373,616 | 216 | 4.86/5.0 |
| Royse + Brinkmeyer | 15 | $364,598 | 432 | 4.87/5.0 |
| Karin | 5 | $248,220 | 369 | 4.91/5.0 |
| Rin | 10 | $235,339 | 1043 | 4.80/5.0 |
| Ryan | 5 | $202,969 | 71 | 4.65/5.0 |
| Catherine | 5 | $202,645 | 53 | 4.96/5.0 |
| Tatiana | 1 | $193,404 | 17 | 4.88/5.0 |
| Kenneth | 3 | $180,840 | 339 | 4.96/5.0 |
| Matt And Morgan | 4 | $177,999 | 357 | 4.92/5.0 |
| Bankier | 3 | $173,570 | 53 | 4.84/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Champaign
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 (82.6%), with house and apartment & condo properties comprising 97.0% of inventory
- Untapped potential in others, boutique & hotels segments (3.0% combined)
Room Capacity Distribution
Analysis of 235 properties in Champaign shows that 1 bedroom properties are most prevalent, making up 26.4% of the market. The market tends to favor smaller properties, with 1 bedroom and 3 bedrooms together representing 51.5% of all listings.
Key Insights
- Most common: 1 bedroom (26.4%)
- Least common: 5+ bedrooms (6.4%)
- Market concentration: 51.5% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 235 properties in Champaign reveals that 8+ guests properties dominate the market, representing 21.7% of all listings. The average property accommodates 4.5 guests, with a clear trend towards larger guest capacities. Properties accommodating 8+ guests and 2 guests make up 41.3% of the market.
Key Insights
- Most common capacity: 8+ guests (21.7% of market)
- Least common capacity: 1 guest (1.3% of market)
- Average guest capacity: 4.5 guests per property
- Market concentration: 41.3% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 235 properties in Champaign, the most common availability pattern is 91-180 days (38.3% of properties). For actual bookings, properties most frequently secure bookings for 181-270 days (39.1% of properties).
Key Insights
- Most common availability window: 91-180 days (38.3%)
- Most common booking duration: 181-270 days (39.1%)
- Properties with high availability (180+ days): 51.9%
- Properties with long-term bookings (180+ days): 50.6%
Minimum Stay Distributions
1 Night
56 listings
26% of total
2 Nights
102 listings
47.4% of total
3 Nights
22 listings
10.2% of total
4-6 Nights
4 listings
1.9% of total
7-29 Nights
19 listings
8.8% of total
30+ Nights
12 listings
5.6% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 73.4%
- Mid-length stays (4-6 nights) represent 1.9% of listings
- Monthly+ stays (5.6%) suggest a stable extended-stay market
- High market flexibility with 83.6% 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
7 listings
3.2% of total
Super Strict 30 Days
3 listings
1.4% of total
Flexible
37 listings
17% of total
Moderate
74 listings
33.9% of total
Firm
48 listings
22% of total
Strict
49 listings
22.5% of total
Key Insights
- Moderate is the preferred policy at 33.9% of listings
- The market shows a balanced distribution between guest-friendly (50.9%) and strict (44.5%) policies
- Strong market consensus around Moderate policies
- Super Strict 30 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 May, Apr, Nov, averaging 64 days
- Shortest booking windows are in Feb, Mar, Jan, averaging 29 days
- Spring shows the longest average booking window at 56 days, while Winter has the shortest at 30 days
Recommendations
- Implement dynamic pricing strategies for Spring bookings at least 56 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Feb-Jan when lead times are shortest
Popular Airbnb Amenities in Champaign
Below is the distribution of amenities across listings in Champaign:
Traveler Demographics
Key Insights
- Domestic travelers make up 94.3% of total guests, indicating a dominant local market share.
- Primary international markets: India (0.8%) and Canada (0.7%)
- English is the top language at 77.7%, followed by Spanish (11.7%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 7.0%
Recommendations
- Target marketing campaigns for Chicago and Champaign markets
- Develop localized content for India 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 Champaign. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Addison Township | 14 | $4,686 | $345.39 | 50% |
| Elmhurst | 15 | $4,603 | $317.71 | 52% |
| Glen Ellyn | 17 | $4,312 | $280.50 | 51% |
| Cedar Lake | 12 | $3,873 | $250.09 | 50% |
| Rockville | 21 | $3,813 | $234.30 | 45% |
| Geneva | 30 | $3,499 | $193.04 | 55% |
| Bourbonnais | 21 | $3,429 | $194.94 | 53% |
| St. Charles Township | 16 | $3,249 | $254.44 | 51% |
| Wheaton | 27 | $3,245 | $187.02 | 58% |
| Westmont | 22 | $3,224 | $179.76 | 59% |
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