Airbnb Market Analytics, Statistics and Data in Chesapeake, Virginia, United States
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Chesapeake? 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 Chesapeake:
How much do Airbnb hosts make on average per month in Chesapeake?
The short-term rental market in Chesapeake 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 $2,128 per month
- Strong performing properties (top 25%) make $3,661 or more
- Best-in-class properties (top 10%) achieve $5,402+ monthly
- Entry-level properties (bottom 25%) typically earn around $975
Revenue Variations by Month
Occupancy Rates Throughout the Year in Chesapeake
The market in Chesapeake 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 48% occupancy rates
- Strong performing properties (top 25%) achieve 69% or higher
- Best-in-class properties (top 10%) reach 84%+occupancy
- Entry-level properties (bottom 25%) average around 25%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Chesapeake
Daily rates in Chesapeake 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 $104 per night
- Strong performing properties (top 25%) secure $171 or more
- Best-in-class properties (top 10%) pull in $262+ per night
- Entry-level properties (bottom 25%) earn around $66
Daily Rate Variations by Month
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Seasonality patterns in Chesapeake
Peak Season (June, May, July)
- Revenue peaks at $3513.52 per month
- Occupancy rates reach 63.80%
- Daily rates average $145.21
Shoulder Season
- Revenue averages $2596.22 per month
- Occupancy maintains 47.89%
- Daily rates hold at $139.08
Low Season (October, December, January)
- Revenue drops to $1510.71 per month
- Occupancy decreases to 35.44%
- Daily rates adjust to $134.27
Is it still profitable to do Airbnb in Chesapeake in 2025?
Yes! Chesapeake demonstrates highly seasonal trends requiring strategic adaptation, featuring a healthy occupancy rate of 48% and strong monthly revenue averaging $2596 and The market's 137 active listings indicate growing demand with plenty of opportunity for new properties. 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 Chesapeake
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Great Bridge | A historic area known for its family-friendly atmosphere, Great Bridge boasts access to quality schools and parks, making it appealing for families and long-term rentals. | Great Bridge Battlefield & Waterways History Museum, Chesapeake City Park, Great Bridge locks, Chesapeake Golf Club, Cedar Point Park |
| Greenbrier | A central location with a mix of residential and commercial areas. Greenbrier is popular among both tourists and business travelers due to its proximity to shopping and dining options. | Greenbrier Mall, Greenbrier Parkway, AMC Theatres, Norfolk Premium Outlets, Chesapeake City Park |
| Indian River | A nice neighborhood with a suburban feel, Indian River is close to schools and parks, making it an excellent choice for families and travelers looking for a peaceful stay. | Indian River Park, Centerville Turnpike, Chesapeake Regional Medical Center, Nearby golf courses, Access to the Elizabeth River |
| Deep Creek | Known for its quiet residential vibe and outdoor recreational opportunities, Deep Creek attracts visitors looking for a more laid-back and local experience. | Deep Creek Lock Park, Bowers Hill Park, Deep Creek Community Center, City View Park, Nearby hiking trails |
| Hickory | A rural area with a charming atmosphere, Hickory is perfect for those seeking a serene environment away from the hustle and bustle, appealing for nature lovers and families. | Hickory Ridge Farm, Hickory Park, Local wineries, Natural scenery and parks, Close to the Great Dismal Swamp |
| Chesapeake City Center | The heart of Chesapeake, offering diverse entertainment, dining, and shopping options. It's an attractive location for tourists and business travelers alike. | Chesapeake City Hall, Chesapeake Square Mall, Local restaurants and shops, Access to major highways, Nearby parks |
| Western Branch | A welcoming suburb with a strong sense of community and nearby amenities, Western Branch is popular with families and those who prefer a quieter lifestyle. | Western Branch Park, Bide-A-Wee Golf Course, Chesapeake Community Center, Local dining options, Cypress Creek |
| South Norfolk | A unique historical area that showcases Chesapeake's rich heritage, South Norfolk attracts visitors interested in culture and history, as well as modern conveniences. | South Norfolk Jordan Bridge, Chesapeake Historical Society, Local galleries and shops, Access to waterfront, Historic homes |
Do you need a license for Airbnb in Chesapeake?
We recommend checking directly with Chesapeake'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 Chesapeake
Spacious Chesapeake Home w/ Pool Table!
Entire Place • 4 bedrooms
The Sparks Home- w/ Lux Kitchen
Entire Place • 3 bedrooms
Townhome in Great Bridge Newly Renovated
Entire Place • 3 bedrooms
Stylish 3 BDR Home w/ King Bed
Entire Place • 3 bedrooms
Sleeps 6-8, King bed, 2.5 baths
Entire Place • 2 bedrooms
Cozy Retreat at Coleman Farms
Entire Place • 3 bedrooms
Top Performing Professional Hosts in Chesapeake
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Monica | 5 | $197,979 | 344 | 4.96/5.0 |
| Evolve | 5 | $159,693 | 87 | 3.56/5.0 |
| Genesis | 2 | $115,128 | 80 | 4.94/5.0 |
| Kenneth | 3 | $92,171 | 245 | 4.94/5.0 |
| Kris | 1 | $75,817 | 52 | 5.00/5.0 |
| 494812050 | 2 | $75,775 | 43 | 4.38/5.0 |
| Tracy | 2 | $66,862 | 116 | 4.96/5.0 |
| Roy And Amanda | 2 | $62,886 | 182 | 4.98/5.0 |
| Michaela | 1 | $57,605 | 21 | 4.86/5.0 |
| Tonia | 1 | $54,757 | 25 | 5.00/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Chesapeake
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 (65%), with house and apartment & condo properties comprising 83.9% of inventory
- Untapped potential in others, outdoor & mobile, unique stays segments (10.3% combined)
Room Capacity Distribution
Analysis of 137 properties in Chesapeake shows that 1 bedroom properties are most prevalent, making up 29.9% of the market. The market tends to favor smaller properties, with 1 bedroom and 3 bedrooms together representing 50.4% of all listings.
Key Insights
- Most common: 1 bedroom (29.9%)
- Least common: 4 bedrooms (9.5%)
- Market concentration: 50.4% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 137 properties in Chesapeake reveals that 8+ guests properties dominate the market, representing 17.5% of all listings. The average property accommodates 3.8 guests, with a clear trend towards larger guest capacities. Properties accommodating 8+ guests and 4 guests make up 35.0% of the market.
Key Insights
- Most common capacity: 8+ guests (17.5% of market)
- Least common capacity: 7 guests (0.7% of market)
- Average guest capacity: 3.8 guests per property
- Market concentration: 35.0% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 137 properties in Chesapeake, the most common availability pattern is 271-366 days (33.6% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (29.2% of properties).
Key Insights
- Most common availability window: 271-366 days (33.6%)
- Most common booking duration: 91-180 days (29.2%)
- Properties with high availability (180+ days): 64.2%
- Properties with long-term bookings (180+ days): 38.0%
Minimum Stay Distributions
1 Night
38 listings
31.1% of total
2 Nights
44 listings
36.1% of total
3 Nights
12 listings
9.8% of total
4-6 Nights
2 listings
1.6% of total
7-29 Nights
16 listings
13.1% of total
30+ Nights
10 listings
8.2% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 67.2%
- Mid-length stays (4-6 nights) represent 1.6% of listings
- Monthly+ stays (8.2%) suggest a stable extended-stay market
- High market flexibility with 77.0% 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
- Consider monthly stay discounts to capture the growing extended-stay market
- Implement different minimum stays for weekends vs. weekdays
Cancellation Policy Distribution
Flexible
26 listings
23.9% of total
Moderate
32 listings
29.4% of total
Firm
20 listings
18.3% of total
Strict
31 listings
28.4% of total
Key Insights
- Moderate is the preferred policy at 29.4% of listings
- The market shows a balanced distribution between guest-friendly (53.3%) and strict (46.7%) policies
- Firm policies are least common at 18.3% 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 Jun, Jul, May, averaging 45 days
- Shortest booking windows are in Apr, Mar, Feb, averaging 22 days
- Summer shows the longest average booking window at 44 days, while Winter has the shortest at 26 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 44 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Apr-Feb when lead times are shortest
Popular Airbnb Amenities in Chesapeake
Every property in Chesapeake comes standard with Air conditioning. Below shows the distribution of other amenities:
Traveler Demographics
Key Insights
- Domestic travelers make up 96.1% of total guests, indicating a dominant local market share.
- Primary international markets: DC (1.5%) and Canada (0.7%)
- English is the top language at 84.7%, followed by Spanish (11.2%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 8.0%
Recommendations
- Target marketing campaigns for Chesapeake and Virginia Beach markets
- Develop localized content for DC 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 Chesapeake. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Salvo | 88 | $4,862 | $446.22 | 39% |
| Littleton | 105 | $4,839 | $448.56 | 45% |
| Weems | 10 | $4,710 | $302.74 | 52% |
| White Stone | 38 | $4,444 | $368.95 | 45% |
| Lanexa | 13 | $4,263 | $279.54 | 50% |
| Corolla | 731 | $4,204 | $523.78 | 39% |
| Gloucester County | 11 | $4,169 | $226.33 | 50% |
| Irvington | 26 | $4,088 | $298.03 | 40% |
| Cobbs Creek | 11 | $4,083 | $290.83 | 46% |
| Rodanthe | 119 | $4,020 | $386.39 | 42% |
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