Airbnb Market Analytics, Statistics and Data in Lawrence, Kansas, United States
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Lawrence? 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 Lawrence:
How much do Airbnb hosts make on average per month in Lawrence?
The short-term rental market in Lawrence 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 $2,295 per month
- Strong performing properties (top 25%) make $3,594 or more
- Best-in-class properties (top 10%) achieve $5,642+ monthly
- Entry-level properties (bottom 25%) typically earn around $1,402
Revenue Variations by Month
Occupancy Rates Throughout the Year in Lawrence
The market in Lawrence 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 51% occupancy rates
- Strong performing properties (top 25%) achieve 70% or higher
- Best-in-class properties (top 10%) reach 83%+occupancy
- Entry-level properties (bottom 25%) average around 31%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Lawrence
Daily rates in Lawrence 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 $129 per night
- Strong performing properties (top 25%) secure $205 or more
- Best-in-class properties (top 10%) pull in $345+ per night
- Entry-level properties (bottom 25%) earn around $92
Daily Rate Variations by Month
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Seasonality patterns in Lawrence
Peak Season (June, May, April)
- Revenue peaks at $3596.40 per month
- Occupancy rates reach 57.65%
- Daily rates average $205.80
Shoulder Season
- Revenue averages $3008.51 per month
- Occupancy maintains 50.34%
- Daily rates hold at $194.84
Low Season (February, December, January)
- Revenue drops to $2004.67 per month
- Occupancy decreases to 38.97%
- Daily rates adjust to $186.74
Is it still profitable to do Airbnb in Lawrence in 2025?
Yes! Lawrence demonstrates moderate seasonality with good off-peak opportunities, featuring a healthy occupancy rate of 50% and strong monthly revenue averaging $3009 and With 216 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 Lawrence
Area | Why Choose This Area | Key Attractions |
---|---|---|
Downtown Lawrence | The vibrant heart of Lawrence, filled with shops, restaurants, and nightlife. This area is a hub for both tourists and locals, making it a prime spot for Airbnb hosting. | Massachusetts Street, Lawrence Arts Center, Bowersock Dam, Boathouse, Lawsuit Brewing Co. |
University of Kansas | Home to a major university, this area attracts students, families, and faculty. A great location for renting to university visitors and students year-round. | University of Kansas, Lawrence Memorial Stadium, Geroge R. Collins Center, Spencer Museum of Art, DeBruce Center |
Old West Lawrence | A historic neighborhood known for its charming homes and proximity to downtown. Attracts those interested in a quieter, residential feel with easy access to city amenities. | Lawrence Public Library, Haskins Park, South Park, Old West Lawrence Historic District |
East Lawrence | A diverse and artsy neighborhood that offers an eclectic mix of residents and attractions. Known for its community spirit and artistic vibe. | Artstarts, The Warehouse Arts District, Brook Creek Neighborhood Association, The Percolator |
North Lawrence | A quieter residential area with charm, offering proximity to the river and parks. Ideal for guests seeking a more laid-back stay away from the downtown bustle. | Lawrence Riverfront Plaza, Dorrance Creek, North Lawrence Community Center |
West Lawrence | Known for family-friendly neighborhoods and easy access to shopping and services. This area is attractive to families visiting Lawrence. | Massachusetts Street shops, Clinton State Park, West Lawrence Community Park |
South Park | A residential area with close proximity to parks and the downtown area. Ideal for families and visitors looking for a peaceful stay near attractions. | South Park, Civic Theatre, Lawrence Farmers Market |
Haskell Indian Nations University | This area attracts a diverse group of visitors related to the university and its programs, making it a unique spot for hosting. | Haskell Indian Nations University, Cultural Events, Campus Tours |
Do you need a license for Airbnb in Lawrence?
We recommend checking directly with Lawrence'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 Lawrence
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The Architect's Modern Castle
Entire Place • 4 bedrooms
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Rock Chalk Luxe
Entire Place • 4 bedrooms
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Country Club Corner
Entire Place • 3 bedrooms
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Historic Old West Lawrence Estate House
Entire Place • 5 bedrooms
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Natures Event Haven: Reconnect, Relax & Recharge
Entire Place • 12 bedrooms
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Lovely park front home in KU/Downtown neighborhood
Entire Place • 4 bedrooms
Top Performing Professional Hosts in Lawrence
Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
---|---|---|---|---|
Fernando | 11 | $428,449 | 1380 | 4.98/5.0 |
Sarabeth | 1 | $198,528 | 13 | 5.00/5.0 |
Linda | 1 | $193,086 | 26 | 5.00/5.0 |
Angela D | 6 | $152,790 | 944 | 4.85/5.0 |
Kris | 3 | $146,786 | 99 | 4.78/5.0 |
Kyle | 1 | $141,736 | 15 | 5.00/5.0 |
Angela | 5 | $141,556 | 845 | 4.92/5.0 |
51267914 | 2 | $132,395 | 15 | 2.38/5.0 |
Rosa | 2 | $129,106 | 134 | 4.99/5.0 |
Carrie | 4 | $119,220 | 1011 | 4.92/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Lawrence
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 (86.1%), with house and apartment & condo properties comprising 87.5% of inventory
- Untapped potential in others, outdoor & mobile, unique stays segments (6.1% combined)
Room Capacity Distribution
Analysis of 216 properties in Lawrence shows that 2 bedrooms properties are most prevalent, making up 28.2% of the market. The market tends to favor smaller properties, with 2 bedrooms and 1 bedroom together representing 52.8% of all listings.
Key Insights
- Most common: 2 bedrooms (28.2%)
- Least common: 5+ bedrooms (3.7%)
- Market concentration: 52.8% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 216 properties in Lawrence reveals that 8+ guests properties dominate the market, representing 23.1% of all listings. The average property accommodates 4.7 guests, with a clear trend towards larger guest capacities. Properties accommodating 8+ guests and 4 guests make up 43.1% of the market.
Key Insights
- Most common capacity: 8+ guests (23.1% of market)
- Least common capacity: 1 guest (0.5% of market)
- Average guest capacity: 4.7 guests per property
- Market concentration: 43.1% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 216 properties in Lawrence, the most common availability pattern is 181-270 days (35.6% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (34.7% of properties).
Key Insights
- Most common availability window: 181-270 days (35.6%)
- Most common booking duration: 91-180 days (34.7%)
- Properties with high availability (180+ days): 52.8%
- Properties with long-term bookings (180+ days): 49.5%
Minimum Stay Distributions
1 Night
86 listings
44.3% of total
2 Nights
80 listings
41.2% of total
3 Nights
5 listings
2.6% of total
4-6 Nights
4 listings
2.1% of total
7-29 Nights
7 listings
3.6% of total
30+ Nights
12 listings
6.2% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 85.5%
- Mid-length stays (4-6 nights) represent 2.1% of listings
- Monthly+ stays (6.2%) suggest a stable extended-stay market
- High market flexibility with 88.1% 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
42 listings
21.5% of total
Moderate
70 listings
35.9% of total
Firm
43 listings
22.1% of total
Strict
40 listings
20.5% of total
Key Insights
- Moderate is the preferred policy at 35.9% of listings
- The market shows a balanced distribution between guest-friendly (57.4%) and strict (42.6%) policies
- Strict policies are least common at 20.5% of listings
Recommendations
- Market supports various policies - choose based on your property type and target guests
- Diverse policy distribution indicates an opportunity to differentiate through policy choice
- Consider generous cancellation terms as a competitive advantage
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in May, Apr, Nov, averaging 69 days
- Shortest booking windows are in Mar, Jan, Aug, averaging 35 days
- Spring shows the longest average booking window at 64 days, while Winter has the shortest at 38 days
Recommendations
- Implement dynamic pricing strategies for Spring bookings at least 64 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Mar-Aug when lead times are shortest
Popular Airbnb Amenities in Lawrence
Below is the distribution of amenities across listings in Lawrence:
Traveler Demographics
Key Insights
- Domestic travelers make up 97.9% of total guests, indicating a dominant local market share.
- Primary international markets: DC (0.4%) and Australia (0.2%)
- English is the top language at 81.3%, followed by Spanish (11.7%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 6.4%
Recommendations
- Target marketing campaigns for Kansas City and Lawrence markets
- Develop localized content for DC and Australia
- 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 Lawrence. These nearby markets offer diverse opportunities for property investors and hosts:
Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
---|---|---|---|---|
Pleasant Hill | 10 | $3,886 | $195.86 | 59% |
Weston | 11 | $3,592 | $284.13 | 43% |
Prairie Village | 44 | $3,491 | $195.65 | 62% |
Overland Park | 246 | $3,113 | $191.49 | 55% |
Carl Junction | 14 | $2,903 | $181.60 | 48% |
Mission | 14 | $2,869 | $154.59 | 62% |
Eudora | 13 | $2,852 | $156.56 | 55% |
Olathe | 66 | $2,829 | $165.14 | 57% |
Council Grove | 11 | $2,684 | $226.14 | 44% |
Riverside | 11 | $2,630 | $166.26 | 51% |
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