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Best places to buy Airbnb property in New Brunswick, Canada

Best airbnb places New Brunswick

New Brunswick is one of the few provinces of Canada with access to the Atlantic Ocean. It is the eleventh province by size and the eighth province by population. Its location is extremely beneficial for internal tourism, as there are fourteen million people living within driving distance from New Brunswick. The short-term rental industry is in its early stages of development here, making it a lucrative investment opportunity for entrepreneurs who are willing to take a risk.

Benefits of Buying an Investment Property in New Brunswick

Investing in real estate in New Brunswick unveils a wealth of opportunities, with cities like Saint John, Moncton, Dieppe, Fredericton, Miramichi, Bathurst, Shediac, Campbellton, Caraquet, and St. Andrews each presenting unique prospects for potential investors. These cities offer a diverse array of short-term rental markets, each with a distinctive blend of rental sizes and types, ensuring a broad spectrum of options for guests. The advantageous locations of several cities, notably those along the shore or near international borders, enhance the appeal for tourists, leading to steady occupancy rates and competitive Average Daily Rates (ADR), thereby optimizing revenue potential. The stability and growth in markets such as Moncton and Fredericton, highlighted by the escalating number of listings and sustained demand, especially during peak seasons, are indicative of the investment opportunities present. With a variety of rental offerings, from private rooms to entire homes, and differing market scores across the cities, New Brunswick provides a versatile investment landscape. The province’s rich diversity, whether catering to the seasonal influx in Shediac or leveraging the international appeal in Saint John, positions New Brunswick as a lucrative and varied terrain for property investment.

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Best Cities in New Brunswick for an Airbnb Investment

The province itself is a great choice for an investment, but to make the process efficient, it is necessary to research the specific locations in it. There are ten notable cities in New Brunswick that have decent potential. Most of them have very small short-term rental markets with low levels of competition.

This grants the investors an opportunity to enter early. The region is being actively developed, and the local government has stated multiple times they intend to grow their tourism industry in the future. Even though the market conditions in most of the cities on this list are the same, these locations have different benefits, and their growth potential varies.

CityRevenue, $
St. Andrews$4.779
Caraquet$2.865
Shediac$2.560
Fredericton$2.062
Campbellton$2.174
Bathurst$2.011
Moncton$1.846
Saint John$1.642
Miramichi$1.636
Dieppe$1.614

St. Andrews

Airbnb St. Andrews

  • Average Daily Rate (ADR): $380.8
  • Max Daily Rate: $543 in March
  • Occupancy Rate: 54%
  • Max Occupancy Rate: 77% in August
  • Total Available Listings: 55
  • Rental Sizes: 1 Bedroom: 43%, 2 Bedroom: 19%, 3 Bedroom: 23%, 4 Bedroom: 11%, 5+ Bedroom: 4%
  • Listings by Rental Type: Private Room: 20%, Entire Home: 80%
  • Average Revenue: $4,779
  • Max Monthly Revenue: $7,700 in August
  • Revenue Per Available Room (RevPAR): $203.6
  • Weekend RevPAR: $364
  • Best Performing Month: August
  • Market Score: 44

Situated between Ministers Island and Navy Island, the quaint town of St. Andrews graces the southwestern part of the province, adjacent to the border with the US state of Maine. This prime location could be very beneficial, especially if the province’s tourism goals are achieved.

Delving into the Airbnb short-term rental market in St. Andrews, it aligns well with the town’s compact size, showcasing a total of 55 available listings. A significant 80% of these listings offer the entire home, with an array of rental sizes: 43% with one bedroom, 19% featuring two bedrooms, 23% with three bedrooms, 11% containing four bedrooms, and a niche 4% offering five or more bedrooms. Additionally, private rooms constitute 20% of the listings, adding diversity to the rental types available.

In terms of financials, St. Andrews leads with an impressive Average Daily Rate (ADR) of $380.8, with the rate peaking in March at a substantial $543. The town’s Occupancy Rate averages at 54%, with a notable surge in August, reaching a high of 77%. This seasonality underscores the town’s appeal during the summer months, which is a common trend across New Brunswick.

Revenue-wise, St. Andrews exhibits a robust performance with an average revenue of $4,779, reaching its zenith in August at $7,700. The Revenue Per Available Room (RevPAR) stands at $203.6, with the weekend RevPAR escalating to $364, reflecting the heightened demand during weekends. August emerges as the best month for the rental market in St. Andrews, aligning with the peak in occupancy and revenue.

The Market Score of 44 further indicates the competitive nature of this market.

For potential entrants looking to carve a niche in St. Andrews’ rental market, there exists an opportunity to gain a competitive edge through adopting flexible cancellation policies, as a considerable proportion of hosts in the area currently opt for stricter options.

Shediac

  • Average Daily Rate (ADR): $232.2
  • Max Daily Rate: $301 in March
  • Occupancy Rate: 60%
  • Max Occupancy Rate: 81% in July
  • Total Available Listings: 73
  • Rental Sizes: 1 Bedroom: 28%, 2 Bedroom: 35%, 3 Bedroom: 26%, 4 Bedroom: 12%
  • Listings by Rental Type: Private Room: 18%, Entire Home: 82%
  • Average Revenue: $2,560
  • Max Monthly Revenue: $4,400 in July-August
  • Revenue Per Available Room (RevPAR): $128.9
  • Weekend RevPAR: $223
  • Best Performing Month: July
  • Market Score: 53

Shediac is another small town located in the southeastern part of New Brunswick. It was built on the shore right next to Moncton, a city that is going to be featured a little bit further down this list. The short-term vacation rental market of Shediac is also quite small, but it has the exclusive advantage of being located next to a larger city. Its rentals will surely benefit from the growth of tourism in Moncton.

The Airbnb short-term rental market in Shediac has seen growth, now boasting a total of 73 available listings. A notable 82% of these are entire home listings, providing a variety of options for visitors. The rental sizes are diverse, with 28% offering one bedroom, 35% two bedrooms, 26% three bedrooms, and 12% featuring four bedrooms. Private rooms constitute the remaining 18% of the listings.

In terms of financial metrics, Shediac has experienced an uplift with an Average Daily Rate (ADR) of $232.2, peaking at $301 in March. The Occupancy Rate averages at a healthy 60%, reaching a maximum of 81% in July, indicating the seasonal appeal of the town during the summer months. This seasonality is further reflected in the revenue, with an average of $2,560 and a peak in July-August at $4,400. The Revenue Per Available Room (RevPAR) is at $128.9, with the Weekend RevPAR at $223, showcasing the enhanced demand over the weekends.

July stands out as the best performing month for the rental market in Shediac, aligning with the peak in occupancy and revenue. With a Market Score of 53, the town presents a competitive landscape for potential hosts and investors.

Shediac has shown notable improvements in key metrics such as the Average Daily Rate, occupancy, and revenue, emphasizing the growing appeal and potential profitability of the rental market in this quaint town. Additionally, the diverse range of rental sizes and types cater to varying preferences, further enhancing Shediac’s attractiveness as a short-term rental destination.

Caraquet

Airbnb Caraquet

  • Average Daily Rate (ADR): $234.4
  • Max Daily Rate: $316 in March
  • Occupancy Rate: 55%
  • Max Occupancy Rate: 79% in July
  • Total Available Listings: 52
  • Rental Sizes: 1 Bedroom: 40%, 2 Bedroom: 32%, 3 Bedroom: 24%, 4 Bedroom: 2%, 5+ Bedroom: 2%
  • Listings by Rental Type: Private Room: 27%, Entire Home: 73%
  • Average Revenue: $2,865
  • Max Monthly Revenue: $4,600 in February
  • Revenue Per Available Room (RevPAR): $127.2
  • Weekend RevPAR: $218
  • Best Performing Month: March
  • Market Score: 54

Caraquet, located in the Eastern part of the province with access to the ocean, maintains a stable and diverse short-term rental market. The town offers a variety of rental options with a total of 52 available listings, 73% of which are entire homes and the remaining 27% are private rooms. The rental sizes are varied, with 40% offering one bedroom, 32% two bedrooms, 24% three bedrooms, and the rest featuring four or more bedrooms.

Financially, the Average Daily Rate (ADR) in Caraquet is $234.4, with a peak at $316 in March. The Occupancy Rate averages at 55%, reaching a high of 79% in July, indicative of the seasonal popularity of the town during the summer months. The Average Revenue for listings in the town is $2,865, with the maximum monthly revenue recorded as $4,600 in February. Additionally, the Revenue Per Available Room (RevPAR) is $127.2, with a Weekend RevPAR of $218, showcasing the increased demand over weekends.

March is highlighted as the best performing month for the rental market in Caraquet, with a market score of 54, indicating a competitive and potentially profitable market for hosts and investors. The diversity in rental types, sizes, and the balanced distribution of listings throughout the town offer opportunities for strategic positioning and flexibility for new entrants in the market.

Campbellton

  • Average Daily Rate (ADR): $183.6
  • Max Daily Rate: $195 in July-August
  • Occupancy Rate: 58%
  • Max Occupancy Rate: 78% in July
  • Total Available Listings: 14
  • Rental Sizes: 1 Bedroom: 23%, 2 Bedroom: 38%, 3 Bedroom: 15%, 4 Bedroom: 23%
  • Listings by Rental Type: Private Room: 7%, Entire Home: 93%
  • Average Revenue: $2,174
  • Max Monthly Revenue: $4,000 in February
  • Revenue Per Available Room (RevPAR): $105.2
  • Weekend RevPAR: $195
  • Best Performing Month: July
  • Market Score: 51

Campbellton is a charming small town located in the northern part of the province, featuring a cozy yet growing Airbnb short-term rental market. The town hosts a total of 14 available listings, a majority of which, 93%, are entire homes, offering a variety of options for visitors. The rental sizes are diverse, with 23% offering one bedroom, 38% two bedrooms, 15% three bedrooms, and 23% featuring four bedrooms. Private rooms make up the remaining 7% of the listings.

In terms of financial metrics, Campbellton has an Average Daily Rate (ADR) of $183.6, with the rate peaking at $195 in July-August. The Occupancy Rate in the town averages at 58%, with a notable increase in July to 78%, showcasing the seasonal appeal of Campbellton, especially during the summer months. The Average Revenue for properties in the town is $2,174, with the highest monthly revenue observed in February at $4,000. The Revenue Per Available Room (RevPAR) is valued at $105.2, with the Weekend RevPAR reaching $195, indicating a heightened demand during the weekends.

July emerges as the best-performing month for the rental market in Campbellton, aligning with the peak in daily rates and occupancy. With a Market Score of 51, Campbellton presents a competitive environment for potential hosts and investors. The diversity in rental sizes and the predominance of entire home listings provide a range of options for visitors and opportunities for hosts in this quaint northern town.

Fredericton

Airbnb Fredericton

  • Average Daily Rate (ADR): $149.2
  • Max Daily Rate: $163 in August
  • Occupancy Rate: 59%
  • Max Occupancy Rate: 77% in August
  • Total Available Listings: 188
  • Rental Sizes: 1 Bedroom: 57%, 2 Bedroom: 24%, 3 Bedroom: 16%, 4 Bedroom: 3%, 5+ Bedroom: 1%
  • Listings by Rental Type: Private Room: 23%, Entire Home: 77%
  • Average Revenue: $2,062
  • Max Monthly Revenue: $3,000
  • Revenue Per Available Room (RevPAR): $84.4
  • Weekend RevPAR: $153
  • Best Performing Month: August
  • Market Score: 70

Fredericton, the capital of the province, boasts a thriving short-term rental market, hosting a total of 188 available Airbnb listings. Although it doesn’t have immediate access to the ocean, its proximity to the US border offers potential for international tourism. The city features a variety of rental options, with 77% being entire homes and the remaining 23% private rooms. The rental sizes predominantly include one-bedroom options, accounting for 57%, followed by two-bedroom at 24%, three-bedroom at 16%, and larger options making up the remainder.

Financially, Fredericton has a competitive Average Daily Rate (ADR) of $149.2, reaching a maximum of $163 in August. The Occupancy Rate for the city averages at 59%, with a peak at 77% in August, highlighting the seasonal appeal of Fredericton during the summer. The Average Revenue per listing is $2,062, with the highest monthly revenue being $3,000. The Revenue Per Available Room (RevPAR) stands at $84.4, while the Weekend RevPAR is $153, showcasing the increased demand during weekends.

August is identified as the best-performing month for the rental market in Fredericton, aligning with the highest daily rates and occupancy. With a Market Score of 70, Fredericton presents a robust and competitive market for potential hosts and investors. The variety in rental sizes and types, along with the strategic location of the city, offer diverse opportunities and a stable market for those looking to invest in the short-term rental market in Fredericton.

Bathurst

  • Average Daily Rate (ADR): $175.4
  • Max Daily Rate: $227 in March
  • Occupancy Rate: 54%
  • Max Occupancy Rate: 80% in July
  • Total Available Listings: 39
  • Rental Sizes: 1 Bedroom: 42%, 2 Bedroom: 32%, 3 Bedroom: 18%, 4 Bedroom: 5%, 5+ Bedroom: 3%
  • Listings by Rental Type: Private Room: 23%, Entire Home: 74%
  • Average Revenue: $2,011
  • Max Monthly Revenue: $3,000 in July
  • Revenue Per Available Room (RevPAR): $94.4
  • Weekend RevPAR: $178
  • Best Performing Month: August
  • Market Score: 42

Bathurst, situated in the northeastern part of the province, is a quaint town with close proximity to Caraquet. Being located on the shore, Bathurst attracts a considerable number of visitors, especially during the summer months. The Airbnb short-term rental market in the town is composed of 39 available listings, making it a less intense competitive landscape.

The majority of the listings in Bathurst are entire homes, accounting for 74%, with the remaining 23% being private rooms. The rental sizes are diverse, with 42% offering one bedroom, 32% two bedrooms, 18% three bedrooms, and the rest featuring four or more bedrooms.

Financially, Bathurst presents an Average Daily Rate (ADR) of $175.4, reaching its peak at $227 in March. The Occupancy Rate for the town averages at 54%, with a high of 80% in July, indicating the seasonal popularity of Bathurst. The Average Revenue for properties in the town stands at $2,011, with the maximum monthly revenue recorded as $3,000 in July. Additionally, the Revenue Per Available Room (RevPAR) is $94.4, with a Weekend RevPAR of $178, reflecting the increased demand during weekends.

August is highlighted as the best-performing month for the rental market in Bathurst, aligning with the peak in occupancy and revenue. With a Market Score of 42, Bathurst offers a favorable environment for potential hosts and investors, providing a variety of rental options and a steady market in this charming shore-side town.

Moncton

Airbnb Moncton

  • Average Daily Rate (ADR): $146.3
  • Max Daily Rate: $171 in August
  • Occupancy Rate: 56%
  • Max Occupancy Rate: 69% in August
  • Total Available Listings: 501
  • Rental Sizes: 1 Bedroom: 53%, 2 Bedroom: 20%, 3 Bedroom: 21%, 4 Bedroom: 5%, 5+ Bedroom: 2%
  • Listings by Rental Type: Private Room: 25%, Entire Home: 75%
  • Average Revenue: $1,846
  • Max Monthly Revenue: $2,700 in August
  • Revenue Per Available Room (RevPAR): $81.9
  • Weekend RevPAR: $162
  • Best Performing Month: August
  • Market Score: 63

Moncton, situated in the southeastern part of the province, boasts a significant short-term rental market, with a total of 501 available Airbnb listings. This vibrant city attracts a considerable number of visitors annually, creating a competitive yet stable market environment.

The majority of listings in Moncton are entire homes, making up 75% of the total, offering a variety of rental sizes. A predominant 53% are one-bedroom options, followed by 20% with two bedrooms, 21% offering three bedrooms, and the remaining listings featuring four or more bedrooms. Private rooms constitute the remaining 25% of the listings, adding diversity to the rental options available.

Financially, Moncton exhibits an Average Daily Rate (ADR) of $146.3, with the rate peaking at $171 in August. The Occupancy Rate for the city averages at 56%, reaching a maximum of 69% in August, showcasing the seasonal appeal of Moncton, particularly during the summer months. The Average Revenue for listings in the city is $1,846, with the highest monthly revenue observed in August at $2,700. The Revenue Per Available Room (RevPAR) stands at $81.9, with the Weekend RevPAR at $162, indicating heightened demand during the weekends.

August is identified as the best-performing month for the rental market in Moncton, aligning with the highest daily rates and occupancy. With a Market Score of 63, Moncton presents a robust and competitive market for potential hosts and investors. The variety in rental sizes and types, along with the city’s strategic location, offer diverse opportunities and a stable environment for those looking to participate in the short-term rental market in Moncton.

Miramichi

  • Average Daily Rate (ADR): $151.3
  • Max Daily Rate: $162 in July
  • Occupancy Rate: 51%
  • Max Occupancy Rate: 67% in July
  • Total Available Listings: 28
  • Rental Sizes: 1 Bedroom: 52%, 2 Bedroom: 30%, 3 Bedroom: 19%
  • Listings by Rental Type: Private Room: 19%, Entire Home: 78%, Shared Room: 4%
  • Average Revenue: $1,636
  • Max Monthly Revenue: $2,900 in April
  • Revenue Per Available Room (RevPAR): $74
  • Weekend RevPAR: $147
  • Best Performing Month: July
  • Market Score: 26

Miramichi, nestled on the shore in the eastern part of the province, showcases a modest yet diverse short-term rental market with 28 available Airbnb listings. The town offers a range of rental options, with 78% being entire homes, 19% private rooms, and a small percentage of shared rooms, contributing to the diversity of accommodations available.

The variety of rental sizes predominantly includes one-bedroom options, accounting for 52%, followed by two-bedroom at 30%, and three-bedroom at 19%. This diversity caters to different guest preferences and requirements, accommodating various group sizes.

In terms of financial performance, Miramichi holds an Average Daily Rate (ADR) of $151.3, with the rate reaching its peak at $162 in July. The Occupancy Rate in the town averages at 51%, with a notable increase to 67% in July, reflecting the seasonal demand, particularly during the summer months. The Average Revenue for properties in Miramichi is $1,636, with the highest monthly revenue observed in April at $2,900. The Revenue Per Available Room (RevPAR) stands at $74, and the Weekend RevPAR at $147, highlighting the increased demand over weekends.

July emerges as the best-performing month for the rental market in Miramichi, aligning with the peak in daily rates and occupancy. With a Market Score of 26, Miramichi offers a quieter, less competitive environment for potential hosts and investors, providing a variety of rental options and a steady, seasonal market in this serene shore-side town.

Saint John

Airbnb Saint John New Brunswick

  • Average Daily Rate (ADR): $132.2
  • Max Daily Rate: $147 in August
  • Occupancy Rate: 56%
  • Max Occupancy Rate: 78% in August
  • Total Available Listings: 257
  • Rental Sizes: 1 Bedroom: 54%, 2 Bedroom: 27%, 3 Bedroom: 13%, 4 Bedroom: 4%, 5+ Bedroom: 3%
  • Listings by Rental Type: Private Room: 26%, Entire Home: 74%
  • Average Revenue: $1,642
  • Max Monthly Revenue: $2,600 in August
  • Revenue Per Available Room (RevPAR): $73.5
  • Weekend RevPAR: $136
  • Best Performing Month: August
  • Market Score: 50

Saint John, situated on the shore in the southern part of New Brunswick, offers a thriving short-term rental market, with a diverse array of 257 Airbnb listings. Its prime location makes it a hotspot for international tourists, contributing to a lively and competitive rental environment. The listings are varied, with 74% being entire homes and 26% private rooms, and a range of rental sizes are available, predominantly featuring one-bedroom options.

Financial metrics highlight an Average Daily Rate (ADR) of $132.2, with a peak in August at $147. The city experiences a consistent Occupancy Rate, averaging at 56%, with a peak of 78% in August, underscoring the city’s summer appeal. The Average Revenue in Saint John is $1,642, reaching up to $2,600 in August. The Revenue Per Available Room (RevPAR) and Weekend RevPAR stand at $73.5 and $136, respectively, indicating a robust weekend market.

With August being the pinnacle of performance for the rental market in Saint John, and a Market Score of 50, the city represents a lucrative opportunity for potential hosts and investors. The diverse and abundant rental options, coupled with the city’s appeal to international tourists, position Saint John as a promising and stable market for short-term rentals.

Dieppe

  • Average Daily Rate (ADR): $151.9
  • Max Daily Rate: $172 in August
  • Occupancy Rate: 56%
  • Max Occupancy Rate: 69% in July
  • Total Available Listings: 123
  • Rental Sizes: 1 Bedroom: 41%, 2 Bedroom: 29%, 3 Bedroom: 25%, 4 Bedroom: 1%, 5+ Bedroom: 4%
  • Listings by Rental Type: Private Room: 24%, Entire Home: 76%
  • Average Revenue: $1,614
  • Max Monthly Revenue: $2,500 in July
  • Revenue Per Available Room (RevPAR): $76.6
  • Weekend RevPAR: $142
  • Best Performing Month: August
  • Market Score: 56

Dieppe, uniquely situated adjacent to Moncton, serves as a distinctive location for Airbnb hosts. The city’s proximity to Moncton, even housing its airport, contributes to the growing rental market in Dieppe as the influx of visitors to Moncton continues to rise. Currently, Dieppe boasts 123 active vacation rentals, reflecting a significant increase compared to previous years.

The city experiences moderate competition, with a concentration of properties operating near the Moncton border to cater to tourists intending to visit the neighboring city. The listings in Dieppe are diverse, with 76% being entire homes and 24% private rooms. The variety in rental sizes includes 41% one-bedroom, 29% two-bedroom, 25% three-bedroom, and the remaining offering larger accommodations.

In terms of financial performance, Dieppe presents an Average Daily Rate (ADR) of $151.9, reaching a maximum of $172 in August. The city maintains a steady Occupancy Rate of 56%, peaking at 69% in July, indicative of the seasonal appeal of the area. The Average Revenue for listings in Dieppe stands at $1,614, with the highest monthly revenue observed in July at $2,500. The Revenue Per Available Room (RevPAR) is $76.6, with the Weekend RevPAR at $142, highlighting the increased demand during weekends.

August is recognized as the best-performing month for the rental market in Dieppe, aligning with the peak in daily rates and occupancy. With a Market Score of 56, Dieppe offers a stable and promising environment for potential hosts and investors, providing a diverse range of rental options and benefiting from its strategic location near Moncton.

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