Airbnb Market Analytics, Statistics and Data in Evansville, Indiana, United States

Last updated: 2025-01-31

Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Evansville? 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 Evansville:

Average Daily Rate

$117

Occupancy Rate

49.66%

Annual Revenue

$18,146

Revenue Growth YoY

7.90%

Best Month

June

Worst Month

January

Regulation

Low

Active Listings

210

How much do Airbnb hosts make on average per month in Evansville?

The short-term rental market in Evansville 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 $1,797 per month
Strong performing properties (top 25%) make $2,729 or more
Best-in-class properties (top 10%) achieve $4,056+ monthly
Entry-level properties (bottom 25%) typically earn around $973

Revenue Variations by Month

Occupancy Rates Throughout the Year in Evansville

The market in Evansville 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 50% occupancy rates
Strong performing properties (top 25%) achieve 73% or higher
Best-in-class properties (top 10%) reach 87%+occupancy
Entry-level properties (bottom 25%) average around 26%

Occupancy Variations by Month

Average Daily Rates Seasonal Trends in Evansville

Daily rates in Evansville 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 $96 per night
Strong performing properties (top 25%) secure $139 or more
Best-in-class properties (top 10%) pull in $196+ per night
Entry-level properties (bottom 25%) earn around $72

Daily Rate Variations by Month

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Seasonality patterns in Evansville

Peak Season (June, October, July)

Revenue peaks at $2539.40 per month
Occupancy rates reach 59.75%
Daily rates average $120.42

Shoulder Season

Revenue averages $2148.68 per month
Occupancy maintains 49.95%
Daily rates hold at $114.03

Low Season (November, December, January)

Revenue drops to $1534.05 per month
Occupancy decreases to 39.94%
Daily rates adjust to $105.72

Is it still profitable to do Airbnb in Evansville in 2025?

Yes! Evansville demonstrates moderate seasonality with good off-peak opportunities, featuring a healthy occupancy rate of 50% and solid monthly revenue averaging $2149 and With 210 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 Evansville

Area	Why Choose This Area	Key Attractions
Downtown Evansville	The heart of the city with a growing number of restaurants, shops, and entertainment venues. It's ideal for tourists looking for convenience and accessibility to various attractions.	Ford Center, Evansville Museum of Arts, History & Science, Rivertown Trail, Victory Theatre, Rainmakers Bar & Grill
Haynie's Corner Arts District	A vibrant arts area featuring galleries, theaters, and local events. Great for those seeking cultural experiences and nightlife.	Evansville Art Gallery, Browning Rooms, The Reitz Home Museum, Live music venues, Art Walks
West Side Evansville	A residential area that offers a range of attractions and events. It appeals to families and those looking for a quieter stay with easy access to urban centers.	Mesker Park Zoo & Botanic Garden, Wesselman Woods Nature Preserve, Burdette Park, Local family-friendly restaurants, Historic neighborhoods
East Side Evansville	A fast-growing area known for its shopping centers, parks, and family-friendly activities. Attractive to families and long-term stays.	Eastland Mall, Angel Mounds State Historic Site, Scotty's Brewhouse, Local parks and recreational areas, Link to major highways
Northside Evansville	A diverse area with a mix of commercial and residential spaces. Good for those who want to experience the local lifestyle and community.	University of Southern Indiana, Local breweries, Parks and picnic areas, Historic sites, Community events
Lakeside Park	A tranquil park-like community with beautiful scenery and easy access to outdoor activities. Ideal for nature lovers and those seeking relaxation.	Lakeside Park, Walking trails, Picnic areas, Family activities, Local nature tours
Pigeon Creek Greenway Passage	A natural area with trails and green spaces, offering outdoor activities and recreational opportunities. Attractive for those who love nature.	Pigeon Creek Greenway, Biking and hiking trails, Nature observation, Picnic spots, Community events
South Side Evansville	An up-and-coming area with a mix of industrial and residential spaces, which is attracting new businesses and developments. Great for those looking for unique stays.	Local eateries, Heritage Park, Community art projects, Shopping venues, Historic locations

Do you need a license for Airbnb in Evansville?

$207.95

Daily Rate

Top Performing Professional Hosts in Evansville

Host Name	Properties	Grossing Revenue	Stay Reviews	Avg Rating
Brooke And Hasib	24	$356,954	1339	4.82/5.0
Samer	11	$150,709	524	4.21/5.0
Nathan	4	$140,311	242	3.67/5.0
David	1	$116,861	141	4.95/5.0
Kathy	1	$99,543	18	4.83/5.0
Chris	8	$97,770	269	4.34/5.0
Jenna	2	$97,223	32	4.24/5.0
Rhonda	5	$83,669	1562	4.86/5.0
Heartland	3	$77,331	53	4.96/5.0
Cristina	3	$76,761	296	4.92/5.0

Additional analytics on vacation rental, real estate, short term rental data in Evansville

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:

Show Advanced Metrics

Room Type Distribution

Property Type Distribution

Key Insights

Market dominated by entire home listings (91%), with house and apartment & condo properties comprising 93.3% of inventory
Untapped potential in outdoor & mobile, others, boutique & hotels segments (6.7% combined)

Room Capacity Distribution

Analysis of 210 properties in Evansville shows that 1 bedroom properties are most prevalent, making up 35.7% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 68.6% of all listings.

Key Insights

Most common: 1 bedroom (35.7%)
Least common: 5+ bedrooms (1.4%)
Market concentration: 68.6% in top 2 sizes
Market skew: Favors smaller properties

Guest Capacity Distribution

Analysis of 210 properties in Evansville reveals that 4 guests properties dominate the market, representing 25.2% of all listings. The average property accommodates 4.3 guests, with a clear trend towards larger guest capacities. Properties accommodating 4 guests and 6 guests make up 42.4% of the market.

Key Insights

Most common capacity: 4 guests (25.2% of market)
Least common capacity: 1 guest (1.4% of market)
Average guest capacity: 4.3 guests per property
Market concentration: 42.4% in top 2 capacity sizes
Market segmentation: Predominantly larger guest capacities

Booking and Availability Patterns

Available Days Distribution

Booked Days Distribution

Among 210 properties in Evansville, the most common availability pattern is 181-270 days (30.5% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (30% of properties).

Key Insights

Most common availability window: 181-270 days (30.5%)
Most common booking duration: 91-180 days (30%)
Properties with high availability (180+ days): 60.5%
Properties with long-term bookings (180+ days): 41.4%

Minimum Stay Distributions

1 Night (29.6%)

1 Night

58 listings

29.6% of total

2 Nights (26.5%)

2 Nights

52 listings

26.5% of total

3 Nights (13.3%)

3 Nights

26 listings

13.3% of total

4-6 Nights (5.6%)

4-6 Nights

11 listings

5.6% of total

7-29 Nights (21.9%)

7-29 Nights

43 listings

21.9% of total

30+ Nights (3.1%)

30+ Nights

6 listings

3.1% of total

Key Insights

Short stays (1-2 nights) dominate the market at 56.1%
Mid-length stays (4-6 nights) represent 5.6% of listings
Monthly+ stays (3.1%) suggest a stable extended-stay market
High market flexibility with 69.4% 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
Implement different minimum stays for weekends vs. weekdays

Cancellation Policy Distribution

Flexible (26.3%)

Flexible

49 listings

26.3% of total

Moderate (43.5%)

Moderate

81 listings

43.5% of total

Firm (12.9%)

Firm

24 listings

12.9% of total

Strict (17.2%)

Strict

32 listings

17.2% of total

Key Insights

Moderate is the preferred policy at 43.5% of listings
Guest-friendly policies (Flexible & Moderate) dominate at 69.8% of the market
Strong market consensus around Moderate policies
Firm policies are least common at 12.9% 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 Apr, May, Jun, averaging 60 days
Shortest booking windows are in Aug, Dec, Jan, averaging 29 days
Spring shows the longest average booking window at 55 days, while Winter has the shortest at 29 days

Recommendations

Implement dynamic pricing strategies for Spring bookings at least 55 days in advance
Consider early bird discounts during Winter to encourage longer lead times
Focus on last-minute booking promotions during Aug-Jan when lead times are shortest

Popular Airbnb Amenities in Evansville

Below is the distribution of amenities across listings in Evansville:

Traveler Demographics

Guest Origin Distribution

Top 5 Cities of Origin

Top 5 Countries of Origin

Top 5 Languages Spoken

Age Distribution

Key Insights

Domestic travelers make up 97.7% of total guests, indicating a dominant local market share.
Primary international markets: DC (0.3%) and Mexico (0.3%)
English is the top language at 87.2%, followed by Spanish (9.7%)
Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 6.2%

Recommendations

Target marketing campaigns for Evansville and Indianapolis markets
Develop localized content for DC and Mexico
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 Evansville. These nearby markets offer diverse opportunities for property investors and hosts:

Market	Properties	Monthly Revenue	Daily Rate	Occupancy
Pleasant View	10	$5,102	$306.81	40%
Berry Hill	132	$4,096	$277.32	48%
Creal Springs	29	$3,979	$297.75	48%
Nashville-Davidson	7,560	$3,744	$283.13	46%
Mt. Juliet	52	$3,695	$291.79	47%
Cub Run	23	$3,694	$275.18	48%
Bee Spring	11	$3,637	$451.80	40%
Gallatin	81	$3,546	$273.91	47%
Cottontown	10	$3,313	$219.76	57%
Dale	11	$3,283	$257.57	35%

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