Savoy Airbnb Market Analysis 2025: Short Term Rental Data & Vacation Rental Statistics in Illinois, United States
Is Airbnb profitable in Savoy in 2025? Explore comprehensive Airbnb analytics for Savoy, Illinois, United States to uncover income potential. This 2025 STR market report for Savoy, based on AirROI data from April 2024 to March 2025, reveals key trends in the niche market of 19 active listings.
Whether you're considering an Airbnb investment in Savoy, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the Savoy Airbnb data is crucial. Leveraging the low regulation environment is key to maximizing your short term rental income potential. Let's dive into the specifics.
Key Savoy Airbnb Performance Metrics Overview
Monthly Airbnb Revenue Variations & Income Potential in Savoy (2025)
Understanding the monthly revenue variations for Airbnb listings in Savoy is key to maximizing your short term rental income potential. Seasonality significantly impacts earnings. Our analysis, based on data from the past 12 months, shows that the peak revenue month for STRs in Savoy is typically May, while September often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in Savoy across different performance tiers:
- Best-in-class properties (Top 10%) achieve $4,096+ monthly, often utilizing dynamic pricing and superior guest experiences.
- Strong performing properties (Top 25%) earn $2,464 or more, indicating effective management and desirable locations/amenities.
- Typical properties (Median) generate around $637 per month, representing the average market performance.
- Entry-level properties (Bottom 25%) see earnings around $324, often with potential for optimization.
Average Monthly Airbnb Earnings Trend in Savoy
Savoy Airbnb Occupancy Rate Trends (2025)
Maximize your bookings by understanding the Savoy STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Augustsees the highest demand (peak season occupancy), while November experiences the lowest (low season). Effective strategies, like adjusting minimum stays or offering promotions, can boost occupancy during slower periods. Here's how different property tiers perform in Savoy:
- Best-in-class properties (Top 10%) achieve 70%+ occupancy, indicating high desirability and potentially optimized availability.
- Strong performing properties (Top 25%) maintain 47% or higher occupancy, suggesting good market fit and guest satisfaction.
- Typical properties (Median) have an occupancy rate around 29%.
- Entry-level properties (Bottom 25%) average 15% occupancy, potentially facing higher vacancy.
Average Monthly Occupancy Rate Trend in Savoy
Average Daily Rate (ADR) Airbnb Trends in Savoy (2025)
Effective short term rental pricing strategy in Savoy involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in Savoy typically peaks in April and dips lowest during March. Leveraging Airbnb dynamic pricing tools or strategies based on this seasonality can significantly boost revenue. Here's a look at the typical nightly rates achieved:
- Best-in-class properties (Top 10%) command rates of $277+ per night, often due to premium features or locations.
- Strong performing properties (Top 25%) achieve nightly rates of $112 or more.
- Typical properties (Median) charge around $65 per night.
- Entry-level properties (Bottom 25%) earn around $48 per night.
Average Daily Rate (ADR) Trend by Month in Savoy
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Airbnb Seasonality Analysis & Trends in Savoy (2025)
Peak Season (May, March, January)
- Revenue averages $1,976 per month
- Occupancy rates average 33.0%
- Daily rates average $103
Shoulder Season
- Revenue averages $1,650 per month
- Occupancy maintains around 36.7%
- Daily rates hold near $112
Low Season (September, October, November)
- Revenue drops to average $1,066 per month
- Occupancy decreases to average 25.8%
- Daily rates adjust to average $115
Seasonality Insights for Savoy
- The Airbnb seasonality in Savoy shows highly seasonal trends requiring careful strategy. While the sections above show seasonal averages, it's also insightful to look at the extremes:
- During the high season, the absolute peak month showcases Savoy's highest earning potential, with monthly revenues capable of climbing to $2,042, occupancy reaching a high of 50.7%, and ADRs peaking at $119.
- Conversely, the slowest single month of the year, typically falling within the low season, marks the market's lowest point. In this month, revenue might dip to $868, occupancy could drop to 20.9%, and ADRs may adjust down to $92.
- Understanding both the seasonal averages and these monthly peaks and troughs in revenue, occupancy, and ADR is crucial for maximizing your Airbnb profit potential in Savoy.
Seasonal Strategies for Maximizing Profit
- Peak Season: Maximize revenue through premium pricing and potentially longer minimum stays. Ensure high availability.
- Low Season: Offer competitive pricing, special promotions (e.g., extended stay discounts), and flexible cancellation policies. Target off-season travelers like remote workers or budget-conscious guests.
- Shoulder Seasons: Implement dynamic pricing that balances peak and low rates. Target weekend travelers or specific events. Offer slightly more flexible terms than peak season.
- Regularly analyze your own performance against these Savoy seasonality benchmarks and adjust your pricing and availability strategy accordingly.
Best Areas for Airbnb Investment in Savoy (2025)
Exploring the top neighborhoods for short-term rentals in Savoy? This section highlights key areas, outlining why they are attractive for hosts and guests, along with notable local attractions. Consider these locations based on your target guest profile and investment strategy.
| Neighborhood / Area | Why Host Here? (Target Guests & Appeal) | Key Attractions & Landmarks |
|---|---|---|
| Downtown Savoy | The heart of the Savoy area with vibrant local businesses, parks, and proximity to the University of Illinois. Ideal for guests seeking a blend of urban life and community charm. | Savoy Recreation Center, Savoy 16 IMAX Theatre, Access to local dining and shopping areas, Proximity to the University, Nearby parks and walking trails |
| Briarwood | A peaceful suburban neighborhood with family-friendly amenities and parks, attracting families and couples looking for a quiet retreat. | Briarwood Park, Green Meadows Park, Local dining options, Family-oriented community events |
| The Fields | A newer residential development with modern homes and a community feel. Great for hosting families and groups. | Community parks, Walking trails, Close-knit sense of community, Nearby shopping and dining |
| Savoy Plaza | A commercial area with shopping and dining, providing convenience for guests. Attracts visitors looking for easy access to amenities. | Savoy Plaza Shopping Center, Restaurants and cafes, Gym and wellness centers, Local services like salons and spas |
| Champaign-Savoy | Located near the University of Illinois, this area appeals to students and visitors for its vibrant college atmosphere. | Nearby campus events, Restaurants catering to students, Cultural events in the area |
| Lake of the Woods | Offers outdoor activities and nature views, perfect for nature lovers and those seeking outdoor experiences. | Lake of the Woods Forest Preserve, Fishing and hiking opportunities, Picnic areas and nature trails |
| Urbana Park | A serene neighborhood close to urban amenities, offers a great escape while still being near the city attractions. | Local parks and recreation centers, Close proximity to downtown Urbana, Community events and festivals |
| Savoy Country Club | An upscale area with a golf course and residential community, attracting affluent visitors looking for leisure and luxury. | Savoy Country Club, Golfing activities, Beautiful surroundings and scenic views |
Understanding Airbnb License Requirements & STR Laws in Savoy (2025)
While Savoy, Illinois, United States currently shows low STR regulations, specific Airbnb license requirements might still exist or change. Always verify the latest short term rental regulations and Airbnb license requirements directly with local government authorities for Savoy to ensure full compliance before hosting.
(Source: AirROI data, 2025, finding no licensed listings among those analyzed)
Top Performing Airbnb Properties in Savoy (2025)
Benchmark your potential! Explore examples of top-performing Airbnb properties in Savoybased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.
Updated & Spacious 6-Bedroom Home.
Entire Place • 6 bedrooms
Oskee Wow Wow 3Bdr 3Ba -Great Location
Entire Place • 3 bedrooms
The Prospect near Memorial Stadium
Entire Place • 3 bedrooms
Large 4-bdrm home w/ HOT TUB, <10 min from U of I
Entire Place • 4 bedrooms
Savoy Apartment ~ 4 Mi to University of Illinois!
Entire Place • 2 bedrooms
Guest bedroom in Savoy!
Private Room • N/A
Note: Performance varies based on location, size, amenities, seasonality, and management quality. Data reflects the past 12 months.
Top Performing Airbnb Hosts in Savoy (2025)
Learn from the best! This table showcases top-performing Airbnb hosts in Savoy based on the number of properties managed and estimated total revenue over the past year. Analyze their scale and performance metrics.
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Clint | 1 | $63,394 | 181 | 4.93/5.0 |
| Richard | 1 | $51,134 | 8 | 4.75/5.0 |
| Sarah | 11 | $43,499 | 378 | 4.36/5.0 |
| Courtney | 1 | $40,061 | 22 | 5.00/5.0 |
| Nicole | 1 | $39,035 | 107 | 4.71/5.0 |
| Tyler | 2 | $29,336 | 111 | 5.00/5.0 |
| Evolve | 1 | $28,401 | 8 | 3.75/5.0 |
| Bahig | 1 | $6,094 | 21 | 4.62/5.0 |
Analyzing the strategies of top hosts, such as their property selection, pricing, and guest communication, can offer valuable lessons for optimizing your own Airbnb operations in Savoy.
Dive Deeper: Advanced Savoy STR Market Data (2025)
Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for Savoy. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.
Explore Advanced MetricsSavoy Short-Term Rental Market Composition (2025): Property & Room Types
Room Type Distribution
Property Type Distribution
Market Composition Insights for Savoy
- The Savoy Airbnb market composition is heavily skewed towards Private Room listings, which make up 68.4% of the 19 active rentals. This indicates strong guest preference for privacy and space.
- Looking at the property type distribution in Savoy, Hotel/Boutique properties are the most common (57.9%), reflecting the local real estate landscape.
- Houses represent a significant 36.8% portion, catering likely to families or larger groups.
- The presence of 57.9% Hotel/Boutique listings indicates integration with traditional hospitality.
Savoy Airbnb Room Capacity Analysis (2025): Bedroom Distribution
Distribution of Listings by Number of Bedrooms
Room Capacity Insights for Savoy
- The dominant room capacity in Savoy is 1 bedroom listings, making up 57.9% of the market. This suggests a strong demand for properties suitable for couples or solo travelers.
- Together, 1 bedroom and 3 bedrooms properties represent 73.7% of the active Airbnb listings in Savoy, indicating a high concentration in these sizes.
- With over half the market (57.9%) consisting of studios or 1-bedroom units, Savoy is particularly well-suited for individuals or couples.
- A significant 26.4% of listings offer 3+ bedrooms, catering to larger groups and families seeking more space in Savoy.
Savoy Vacation Rental Guest Capacity Trends (2025)
Distribution of Listings by Guest Capacity
Guest Capacity Insights for Savoy
- The most common guest capacity trend in Savoy vacation rentals is listings accommodating 2 guests (31.6%). This suggests the primary traveler segment is likely couples or solo travelers.
- Properties designed for 2 guests and 4 guests dominate the Savoy STR market, accounting for 57.9% of listings.
- 26.4% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in Savoy.
- On average, properties in Savoy are equipped to host 3.9 guests.
Savoy Airbnb Booking Patterns (2025): Available vs. Booked Days
Available Days Distribution
Booked Days Distribution
Booking Pattern Insights for Savoy
- The most common availability pattern in Savoy falls within the 271-366 days range, representing 42.1% of listings. This suggests many properties have significant open periods on their calendars.
- Approximately 78.9% of listings show high availability (181+ days open annually), indicating potential for increased bookings or specific owner usage patterns.
- For booked days, the 91-180 days range is most frequent in Savoy (31.6%), reflecting common guest stay durations or potential owner blocking patterns.
- A notable 26.3% of properties secure long booking periods (181+ days booked per year), highlighting successful long-term rental strategies or significant owner usage.
Savoy Airbnb Minimum Stay Requirements Analysis
Distribution of Listings by Minimum Night Requirement
1 Night
14 listings
73.7% of total
2 Nights
3 listings
15.8% of total
4-6 Nights
1 listings
5.3% of total
30+ Nights
1 listings
5.3% of total
Key Insights
- The most prevalent minimum stay requirement in Savoy is 1 Night, adopted by 73.7% of listings. This highlights the market's preference for shorter, flexible bookings.
- A strong majority (89.5%) of the Savoy Airbnb data shows acceptance of very short stays (1-2 nights), indicating a dynamic, high-turnover market.
Recommendations
- Align with the market by considering a 1 Night minimum stay, as 73.7% of Savoy hosts use this setting.
- Explore offering discounts for stays of 30+ nights to attract the 5.3% of the market seeking extended stays.
- Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in Savoy.
Savoy Airbnb Cancellation Policy Trends Analysis (2025)
Flexible
14 listings
73.7% of total
Moderate
2 listings
10.5% of total
Strict
3 listings
15.8% of total
Cancellation Policy Insights for Savoy
- The prevailing Airbnb cancellation policy trend in Savoy is Flexible, used by 73.7% of listings.
- The market strongly favors guest-friendly terms, with 84.2% of listings offering Flexible or Moderate policies. This suggests guests in Savoy may expect booking flexibility.
Recommendations for Hosts
- Consider adopting a Flexible policy to align with the 73.7% market standard in Savoy.
- Given the high prevalence of Flexible policies (73.7%), offering this can enhance booking appeal, especially during shoulder seasons.
- Regularly review your cancellation policy against competitors and market demand shifts in Savoy.
Savoy STR Booking Lead Time Analysis (2025)
Average Booking Lead Time by Month
Booking Lead Time Insights for Savoy
- The overall average booking lead time for vacation rentals in Savoy is 50 days.
- Guests book furthest in advance for stays during March (average 100 days), likely coinciding with peak travel demand or local events.
- The shortest booking windows occur for stays in January (average 23 days), indicating more last-minute travel plans during this time.
- Seasonally, Spring (89 days avg.) sees the longest lead times, while Summer (41 days avg.) has the shortest, reflecting typical travel planning cycles.
Recommendations for Hosts
- Use the overall average lead time (50 days) as a baseline for your pricing and availability strategy in Savoy.
- For March stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 100 days out to capitalize on advance planning.
- Target marketing efforts for the Spring season well in advance (at least 89 days) to capture early planners.
- Monitor your own booking lead times against these Savoy averages to identify opportunities for dynamic pricing adjustments.
Popular & Essential Airbnb Amenities in Savoy (2025)
Amenity Prevalence
Amenity Insights for Savoy
- Essential amenities in Savoy that guests expect include: Air conditioning, TV, Heating, Smoke alarm, Free parking on premises, Carbon monoxide alarm. Lacking these (any) could significantly impact bookings.
- Popular amenities like Hangers, Hair dryer, Hot water are common but not universal. Offering these can provide a competitive edge.
Recommendations for Hosts
- Ensure your listing includes all essential amenities for Savoy: Air conditioning, TV, Heating, Smoke alarm, Free parking on premises, Carbon monoxide alarm.
- Consider adding popular differentiators like Hangers or Hair dryer to increase appeal.
- Highlight unique or less common amenities you offer (e.g., hot tub, dedicated workspace, EV charger) in your listing description and photos.
- Regularly check competitor amenities in Savoy to stay competitive.
Savoy Airbnb Guest Demographics & Profile Analysis (2025)
Guest Profile Summary for Savoy
- The typical guest profile for Airbnb in Savoy consists of primarily domestic travelers (98%), often arriving from nearby Chicago, typically belonging to the Post-2000s (Gen Z/Alpha) group (50%), primarily speaking English or Spanish.
- Domestic travelers account for 97.8% of guests.
- Key international markets include United States (97.8%) and Singapore (0.5%).
- Top languages spoken are English (70.5%) followed by Spanish (8%).
- A significant demographic segment is the Post-2000s (Gen Z/Alpha) group, representing 50% of guests.
Recommendations for Hosts
- Target domestic marketing efforts towards travelers from Chicago and Katy.
- Tailor amenities and listing descriptions to appeal to the dominant Post-2000s (Gen Z/Alpha) demographic (e.g., highlight fast WiFi, smart home features, local guides).
- Highlight unique local experiences or amenities relevant to the primary guest profile.
- Consider seasonal promotions aligned with peak travel times for key origin markets.
Nearby Short-Term Rental Market Comparison
How does the Savoy Airbnb market stack up against its neighbors? Compare key performance metrics like average monthly revenue, ADR, and occupancy rates in surrounding areas to understand the broader regional STR landscape.
| Market | Active Properties | Monthly Revenue | Daily Rate | Avg. Occupancy |
|---|---|---|---|---|
| Morris | 10 | $4,502 | $256.46 | 48% |
| Addison Township | 15 | $4,432 | $325.60 | 51% |
| Glen Ellyn | 18 | $4,093 | $271.72 | 50% |
| Elmhurst | 15 | $4,010 | $321.56 | 49% |
| Geneva | 29 | $3,551 | $197.09 | 56% |
| Cedar Lake | 12 | $3,483 | $249.79 | 50% |
| Rockville | 21 | $3,393 | $231.10 | 43% |
| Roselle | 10 | $3,384 | $177.75 | 56% |
| Wheaton | 26 | $3,153 | $188.24 | 56% |
| Bourbonnais | 21 | $3,147 | $198.61 | 51% |