Airbnb Market Analytics, Statistics and Data in Laramie, Wyoming, United States
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Laramie? 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 Laramie:
How much do Airbnb hosts make on average per month in Laramie?
The short-term rental market in Laramie 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 $1,969 per month
- Strong performing properties (top 25%) make $3,110 or more
- Best-in-class properties (top 10%) achieve $4,449+ monthly
- Entry-level properties (bottom 25%) typically earn around $1,245
Revenue Variations by Month
Occupancy Rates Throughout the Year in Laramie
The market in Laramie 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 54% occupancy rates
- Strong performing properties (top 25%) achieve 72% or higher
- Best-in-class properties (top 10%) reach 84%+occupancy
- Entry-level properties (bottom 25%) average around 35%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Laramie
Daily rates in Laramie 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 $107 per night
- Strong performing properties (top 25%) secure $160 or more
- Best-in-class properties (top 10%) pull in $224+ per night
- Entry-level properties (bottom 25%) earn around $79
Daily Rate Variations by Month
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Seasonality patterns in Laramie
Peak Season (July, June, August)
- Revenue peaks at $3278.77 per month
- Occupancy rates reach 75.28%
- Daily rates average $139.01
Shoulder Season
- Revenue averages $2418.42 per month
- Occupancy maintains 53.49%
- Daily rates hold at $133.49
Low Season (April, December, January)
- Revenue drops to $1557.04 per month
- Occupancy decreases to 34.19%
- Daily rates adjust to $126.35
Is it still profitable to do Airbnb in Laramie in 2025?
Yes! Laramie demonstrates highly seasonal trends requiring strategic adaptation, featuring a healthy occupancy rate of 53% and solid monthly revenue averaging $2418 and The market's 170 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 Laramie
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Downtown Laramie | The heart of Laramie, bustling with shops, restaurants, and nightlife. Offers easy access to local attractions and a vibrant community atmosphere. | Laramie Plains Museum, University of Wyoming, Wyoming Territorial Prison, Restaurants and Bars, Laramie's Farmers Market |
| University of Wyoming Area | Attracts students, faculty, and visitors to the University. Ideal for short-term stays related to educational events, sports, and conferences. | University of Wyoming, War Memorial Stadium, Arena Auditorium, University Art Museum, Laramie Ice and Events Center |
| Historic Laramie | Known for its rich history and well-preserved architecture. A charming area that attracts tourists looking to experience the Old West. | Ivinson Mansion, Laramie Historic Train Depot, Albany County Courthouse, Laramie Plains Museum, Railroad history sites |
| West Laramie | A quieter residential area close to outdoor recreation. Ideal for guests looking for a more suburban feel while being close to nature. | Vedauwoo Recreation Area, Happy Jack Road, Local parks, Wyoming National Forest, Outdoor activities like hiking and camping |
| South Laramie | Close proximity to parks and outdoor activities. A good option for travelers who want to explore nature while being near the city. | Spring Creek Park, LaPrele Park, Pine Bluffs Distillery, Outdoor sports areas, Access to Laramie River |
| Laramie River Area | Great for those who enjoy fishing and water activities. Appeals to outdoors enthusiasts and families looking for recreational options. | Laramie River, Fishing spots, Picnic areas, Camping sites, Scenic views of the river and mountains |
| North Laramie | Offers a mix of residential and rural settings. Attractive for guests seeking a more tranquil environment while visiting Laramie. | Nearby nature trails, Rural landscapes, Access to amenities in Laramie, Local farms, Community events |
| East Laramie | A growing area with new developments, appealing to both tourists and locals. Offers access to shopping and dining. | Shopping centers, Restaurants, Recreation areas, Community parks, Proximity to downtown Laramie |
Do you need a license for Airbnb in Laramie?
We recommend checking directly with Laramie'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 Laramie
6 bedroom cabin sleeps 20 with hot tub & game room
Entire Place • 6 bedrooms
Big, comfy home near parks and UW East Campus
Entire Place • 5 bedrooms
High Plains Haven
Entire Place • 4 bedrooms
Victorian Blue - main house
Entire Place • 4 bedrooms
Charming Country Home in Laramie - 4 Mi to UW!
Entire Place • 4 bedrooms
Cowboy Chic: 4-bedroom home with backyard fire pit
Entire Place • 4 bedrooms
Top Performing Professional Hosts in Laramie
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Evolve | 14 | $511,063 | 578 | 4.82/5.0 |
| Scott | 1 | $179,817 | 56 | 4.98/5.0 |
| Krista | 7 | $163,113 | 1664 | 4.97/5.0 |
| Kirk & Cara | 8 | $148,504 | 1071 | 4.76/5.0 |
| Angela | 5 | $147,519 | 916 | 4.95/5.0 |
| Jon | 2 | $111,084 | 194 | 4.71/5.0 |
| Emi | 2 | $107,366 | 133 | 4.96/5.0 |
| Paul | 3 | $98,662 | 133 | 4.94/5.0 |
| Aley | 2 | $81,167 | 75 | 4.79/5.0 |
| Lorraine | 3 | $79,297 | 235 | 4.92/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Laramie
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 (87.1%), with house and apartment & condo properties comprising 90.6% of inventory
- Untapped potential in outdoor & mobile, others, boutique & hotels, unique stays segments (9.4% combined)
Room Capacity Distribution
Analysis of 170 properties in Laramie shows that 2 bedrooms properties are most prevalent, making up 30% of the market. The market tends to favor smaller properties, with 2 bedrooms and 1 bedroom together representing 57.6% of all listings.
Key Insights
- Most common: 2 bedrooms (30%)
- Least common: 5+ bedrooms (3.5%)
- Market concentration: 57.6% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 170 properties in Laramie reveals that 2 guests properties dominate the market, representing 20% of all listings. The average property accommodates 4.2 guests, with a clear trend towards larger guest capacities. Properties accommodating 2 guests and 4 guests make up 37.1% of the market.
Key Insights
- Most common capacity: 2 guests (20% of market)
- Least common capacity: 1 guest (1.2% of market)
- Average guest capacity: 4.2 guests per property
- Market concentration: 37.1% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 170 properties in Laramie, the most common availability pattern is 91-180 days (44.7% of properties). For actual bookings, properties most frequently secure bookings for 181-270 days (44.7% of properties).
Key Insights
- Most common availability window: 91-180 days (44.7%)
- Most common booking duration: 181-270 days (44.7%)
- Properties with high availability (180+ days): 42.4%
- Properties with long-term bookings (180+ days): 60.6%
Minimum Stay Distributions
1 Night
83 listings
52.9% of total
2 Nights
60 listings
38.2% of total
3 Nights
6 listings
3.8% of total
4-6 Nights
2 listings
1.3% of total
7-29 Nights
2 listings
1.3% of total
30+ Nights
4 listings
2.5% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 91.1%
- Mid-length stays (4-6 nights) represent 1.3% of listings
- Monthly+ stays (2.5%) suggest a stable extended-stay market
- High market flexibility with 94.9% 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
56 listings
34.4% of total
Moderate
54 listings
33.1% of total
Firm
24 listings
14.7% of total
Strict
29 listings
17.8% of total
Key Insights
- Flexible is the preferred policy at 34.4% of listings
- Guest-friendly policies (Flexible & Moderate) dominate at 67.5% of the market
- Firm policies are least common at 14.7% of listings
Recommendations
- Consider starting with a Flexible policy to align with market preferences
- Strong market preference for Flexible 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 Jul, May, Jun, averaging 75 days
- Shortest booking windows are in Apr, Feb, Jan, averaging 41 days
- Summer shows the longest average booking window at 67 days, while Winter has the shortest at 42 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 67 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Apr-Jan when lead times are shortest
Popular Airbnb Amenities in Laramie
Below is the distribution of amenities across listings in Laramie:
Traveler Demographics
Key Insights
- Domestic travelers make up 97.2% of total guests, indicating a dominant local market share.
- Primary international markets: Canada (0.7%) and United Kingdom (0.5%)
- English is the top language at 82.5%, followed by Spanish (9.9%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 7.5%
Recommendations
- Target marketing campaigns for Denver and Casper markets
- Develop localized content for Canada and United Kingdom
- 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 Laramie. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Grand County | 10 | $5,246 | $476.54 | 48% |
| Estes Park | 1,302 | $4,145 | $349.92 | 45% |
| Grand Lake | 395 | $3,948 | $310.04 | 45% |
| Boulder | 867 | $3,916 | $329.22 | 51% |
| Steamboat Springs | 2,043 | $3,307 | $432.10 | 37% |
| Centennial | 28 | $3,050 | $233.43 | 44% |
| Drake | 35 | $3,035 | $265.46 | 45% |
| Fort Collins | 480 | $2,956 | $201.51 | 53% |
| Allenspark | 48 | $2,926 | $280.77 | 47% |
| Windsor | 70 | $2,856 | $186.97 | 55% |
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