Airbnb Market Analytics, Statistics and Data in Rangeley, Maine, United States
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Rangeley? 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 Rangeley:
How much do Airbnb hosts make on average per month in Rangeley?
The short-term rental market in Rangeley 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 $2,720 per month
- Strong performing properties (top 25%) make $4,745 or more
- Best-in-class properties (top 10%) achieve $7,473+ monthly
- Entry-level properties (bottom 25%) typically earn around $1,414
Revenue Variations by Month
Occupancy Rates Throughout the Year in Rangeley
The market in Rangeley 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 27% occupancy rates
- Strong performing properties (top 25%) achieve 44% or higher
- Best-in-class properties (top 10%) reach 67%+occupancy
- Entry-level properties (bottom 25%) average around 14%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Rangeley
Daily rates in Rangeley 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 $297 per night
- Strong performing properties (top 25%) secure $439 or more
- Best-in-class properties (top 10%) pull in $623+ per night
- Entry-level properties (bottom 25%) earn around $221
Daily Rate Variations by Month
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Seasonality patterns in Rangeley
Peak Season (February, March, July)
- Revenue peaks at $5331.05 per month
- Occupancy rates reach 42.31%
- Daily rates average $402.42
Shoulder Season
- Revenue averages $3708.59 per month
- Occupancy maintains 31.98%
- Daily rates hold at $366.20
Low Season (October, September, November)
- Revenue drops to $2418.83 per month
- Occupancy decreases to 24.45%
- Daily rates adjust to $338.45
Is it still profitable to do Airbnb in Rangeley in 2025?
Yes! Rangeley demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 32% and strong monthly revenue averaging $3709 and With 260 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 (leaf-peepers, wine tourists, cultural festival attendees, solo travelers)
- Create targeted promotional campaigns to drive occupancy
Top Places to Start Airbnb in Rangeley
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Rangeley Lake | Popular destination for water activities, fishing, and relaxation, attracting families and nature lovers. Offers scenic views and a peaceful environment, ideal for vacation rentals. | Rangeley Lake State Park, Rangeley Outdoor Sporting Heritage Museum, Rangeley Golf Club, Mooselookmeguntic Lake, Saddleback Mountain |
| Saddleback Mountain | A premier ski destination in Maine, providing winter sports and outdoor enthusiasts with recreational activities year-round. Attracts skiers and snowboarders during winter and hikers in summer. | Saddleback Maine Ski Resort, Appalachian Trail, Mooselookmeguntic Lake, West Mountain, Lowell Mountain |
| Oquossoc | Quaint village near Rangeley Lake, known for its charming atmosphere, local shops, and outdoor activities. Ideal for visitors looking for a small-town feel close to nature. | Oquossoc Marine, Mooselookmeguntic Lake, Rangeley Lakes Historical Society, Hiking trails, Fishing spots |
| Rangeley Village | The main hub of the Rangeley region, offering local dining, shopping, and access to outdoor activities. Great for those wanting a mix of culture and adventure. | Rangeley Tavern, Loon Lodge Restaurant, Bald Mountain, Rangeley Lakes Area Chamber of Commerce, Public beach access |
| The Forks | Known for its outdoor adventures, including whitewater rafting and ATV riding, this area attracts thrill-seekers and nature lovers year-round. | Dead River, Kennebec River, Whitewater Rafting, ATV trails, Biking trails |
| Mooselookmeguntic Lake | A beautiful lake area known for its serenity and fishing opportunities, suitable for those seeking a tranquil retreat with stunning views. | Mooselookmeguntic Lake, Woodland Park, Fishing spots, Hiking trails around the lake, Canoeing spots |
| Dallas Plantation | A rural area offering a peaceful atmosphere and access to outdoor activities, perfect for those looking for a retreat from the city life. | Hotels and inns, Hiking trails, ATV routes, Wildlife watching, Scenic views |
| Rangeley Region | The broader area surrounding Rangeley, known for its diverse outdoor activities. Suitable for both adventure seekers and those looking for relaxation with easy access to nature. | Rangeley Lakes, Saddleback Mountain trails, Fishing and hunting spots, Hiking trails, Winter sports |
Do you need a license for Airbnb in Rangeley?
We recommend checking directly with Rangeley'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 Rangeley
Upscale Rangeley Retreat Mins to Saddleback & Lake
Entire Place • 4 bedrooms
The Dunn Compound- On Mooselookmeguntic Lake!
Entire Place • 8 bedrooms
Breathtaking views of Rangeley Lake
Entire Place • 8 bedrooms
The Dunn Main House - Gorgeous home on the Lake
Entire Place • 6 bedrooms
Sunrise Cove Lodge- Newly Remodeled Boats Provided
Entire Place • 6 bedrooms
Enjoy Rangeley with friends at a spacious retreat!
Entire Place • 5 bedrooms
Top Performing Professional Hosts in Rangeley
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Morton And Furbish Vacation Re | 119 | $2,753,312 | 292 | 2.02/5.0 |
| Kelly | 28 | $693,143 | 806 | 4.09/5.0 |
| Conor And Tamara | 2 | $180,225 | 173 | 4.83/5.0 |
| Evolve | 4 | $179,564 | 72 | 4.84/5.0 |
| Katherine | 1 | $166,178 | 12 | 4.83/5.0 |
| Scott | 2 | $143,538 | 82 | 4.98/5.0 |
| Tia | 3 | $132,153 | 76 | 4.96/5.0 |
| Joy | 2 | $121,066 | 73 | 4.92/5.0 |
| Allicyn | 1 | $94,570 | 19 | 4.95/5.0 |
| Shane | 5 | $93,080 | 322 | 4.90/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Rangeley
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 (99.2%), with house and outdoor & mobile properties comprising 92.7% of inventory
- Strong specialty sector (20.4%) combining boutique hotels, unique stays, and outdoor accommodations indicates market maturity and premium opportunities
- Untapped potential in boutique & hotels segments (0.8% combined)
Room Capacity Distribution
Analysis of 260 properties in Rangeley shows that 3 bedrooms properties are most prevalent, making up 33.8% of the market. The market tends to favor larger properties, with 3 bedrooms and 2 bedrooms together representing 56.9% of all listings.
Key Insights
- Most common: 3 bedrooms (33.8%)
- Least common: 1 bedroom (8.1%)
- Market concentration: 56.9% in top 2 sizes
- Market skew: Favors larger properties
Guest Capacity Distribution
Analysis of 260 properties in Rangeley reveals that 8+ guests properties dominate the market, representing 53.1% of all listings. The average property accommodates 6.6 guests, with a clear trend towards larger guest capacities. Properties accommodating 8+ guests and 6 guests make up 74.6% of the market.
Key Insights
- Most common capacity: 8+ guests (53.1% of market)
- Least common capacity: 3 guests (0.8% of market)
- Average guest capacity: 6.6 guests per property
- Market concentration: 74.6% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 260 properties in Rangeley, the most common availability pattern is 271-366 days (63.1% of properties). For actual bookings, properties most frequently secure bookings for 31-90 days (37.3% of properties).
Key Insights
- Most common availability window: 271-366 days (63.1%)
- Most common booking duration: 31-90 days (37.3%)
- Properties with high availability (180+ days): 91.5%
- Properties with long-term bookings (180+ days): 10.8%
Minimum Stay Distributions
1 Night
6 listings
2.8% of total
2 Nights
161 listings
76.3% of total
3 Nights
23 listings
10.9% of total
4-6 Nights
11 listings
5.2% of total
7-29 Nights
4 listings
1.9% of total
30+ Nights
6 listings
2.8% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 79.1%
- Mid-length stays (4-6 nights) represent 5.2% of listings
- Monthly+ stays (2.8%) suggest a stable extended-stay market
- High market flexibility with 90.0% 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
- Implement different minimum stays for weekends vs. weekdays
Cancellation Policy Distribution
Super Strict 60 Days
28 listings
13.7% of total
Flexible
27 listings
13.2% of total
Moderate
35 listings
17.2% of total
Firm
36 listings
17.6% of total
Strict
78 listings
38.2% of total
Key Insights
- Strict is the preferred policy at 38.2% of listings
- The market shows a balanced distribution between guest-friendly (30.4%) and strict (55.8%) policies
- Strong market consensus around Strict policies
- Flexible policies are least common at 13.2% 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, May, averaging 121 days
- Shortest booking windows are in Oct, Jan, Dec, averaging 63 days
- Spring shows the longest average booking window at 111 days, while Winter has the shortest at 69 days
Recommendations
- Implement dynamic pricing strategies for Spring bookings at least 111 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Oct-Dec when lead times are shortest
Popular Airbnb Amenities in Rangeley
Below is the distribution of amenities across listings in Rangeley:
Traveler Demographics
Key Insights
- Domestic travelers make up 97.7% of total guests, indicating a dominant local market share.
- Primary international markets: Canada (0.8%) and DC (0.5%)
- English is the top language at 83.9%, followed by Spanish (9.3%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 7.0%
Recommendations
- Target marketing campaigns for Portland and Boston markets
- Develop localized content for Canada and DC
- 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 Rangeley. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Jefferson | 28 | $6,385 | $434.06 | 50% |
| Milton | 12 | $6,009 | $437.69 | 52% |
| Manchester | 10 | $5,798 | $389.75 | 48% |
| Kennebunkport | 141 | $5,163 | $610.18 | 44% |
| Barnstead | 31 | $5,044 | $433.36 | 44% |
| Otisfield | 11 | $4,791 | $403.13 | 44% |
| Woodstock | 40 | $4,706 | $366.59 | 47% |
| Sanford | 28 | $4,566 | $314.25 | 46% |
| Shapleigh | 24 | $4,511 | $411.81 | 50% |
| Dalton | 13 | $4,423 | $350.38 | 47% |
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