As a potential or current Airbnb host in Houston, the fourth-largest city in the United States, you find yourself in a prime position to leverage a diverse and ever-expanding market. Whether your target audience includes business travelers, tourists, or a mix of both, Houston’s multifaceted neighborhoods hold the promise of impressive returns. This comprehensive guide aims to offer valuable insights into the top neighborhoods in Houston, backed by essential Airbnb data that should shape your investment decisions.
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Montrose: The Creative Oasis
Montrose is a neighborhood that truly stands out with its diversity and artistic flair. Art galleries, theaters, and streets adorned with murals give this area its unique charm. Montrose caters to a wide range of guests, including art enthusiasts, young travelers, and couples seeking a romantic escape.
Montrose Highlights
- Average Daily Rate: $207.3
- Highest Daily Rate in August: $266
- Occupancy Rate: 55%
- Peak Occupancy Rate in April: 64%
- Total Available Listings: 806
- Average Revenue: $41.5K
- Maximum Monthly Revenue in April: $4,000
- RevPAR: $117.8
- Weekend RevPAR: $234.7
- Best Month: April
- Market Score: 61
Analyzing Montrose’s Airbnb Metrics
Montrose boasts an enticing Average Daily Rate of $207.3, with a peak of $266 in August, offering both budget-friendly and luxurious accommodation options. Notably, the neighborhood’s Occupancy Rate reaches 64% in April, indicating its popularity during the spring season. With a generous total of 806 available listings, Montrose provides ample choices for guests. April emerges as the best month for revenue, with a maximum monthly revenue of $4,000.
Why Montrose Stands Out as an Excellent Choice for Hosts
- High demand during spring, particularly in April, presents excellent revenue potential.
- Proximity to renowned art institutions like the Menil Collection and Rothko Chapel.
- A thriving LGBTQ+ community adds to the neighborhood’s appeal.
- A diverse culinary scene, ranging from vegan cafes to Tex-Mex restaurants, enhances its attractiveness.
The Heights: Vintage Charm and Family-Friendly Comfort
The Heights offers a delightful blend of vintage allure and contemporary conveniences. Recognized for its 19th-century architecture and tree-lined streets, this neighborhood provides a vibrant yet serene ambiance, making it ideal for families and those in search of tranquility.
The Heights Highlights
- Average Daily Rate: $194
- Highest Daily Rate in March: $212
- Occupancy Rate: 54%
- Peak Occupancy Rate in July: 63%
- Total Available Listings: 317
- Average Revenue: $38.3K
- Maximum Monthly Revenue in March: $3,100
- RevPAR: $106.4
- Weekend RevPAR: $214.8
- Best Month: March
- Market Score: 67
Analyzing The Heights’ Airbnb Metrics
The Heights offers a competitive Average Daily Rate of $194, reaching its highest point at $212 in March. With an average Occupancy Rate of 54%, peaking at 63% in July, it’s evident that this family-friendly neighborhood thrives during the summer months. The neighborhood may have fewer listings compared to others, with a total of 317, but it still provides a diverse selection of choices. March shines as the best month for hosts, with a maximum monthly revenue of $3,100.
What Makes The Heights a Smart Selection for Hosts
- High occupancy in July makes it perfect for capturing family vacationers.
- Limited competition due to fewer total listings.
- Abundance of antique shops and craft breweries.
- Family-friendly parks like Donovan Park and Heights Boulevard Park.
- Proximity to Downtown appeals to both leisure and business travelers.
Downtown: The Thriving Hub of Houston
Downtown Houston stands as the bustling epicenter of business and entertainment in the city. Nestled at the heart of Houston, it offers a diverse mix of high-rise offices, historic theaters, and a plethora of dining options. Its strategic location and vibrant atmosphere make it an attractive destination for both business travelers and culture enthusiasts alike.
Downtown Highlights
- Average Daily Rate: $174.3
- Highest Daily Rate in October: $182
- Occupancy Rate: 56%
- Peak Occupancy Rate in June: 70%
- Total Available Listings: 404
- Average Revenue: $35.8K
- Maximum Monthly Revenue in June: $3,000
- RevPAR: $99.7
- Weekend RevPAR: $193.3
- Best Month: March
- Market Score: 78
Analyzing Downtown Airbnb Metrics
Downtown Houston offers a balanced mix of affordability and luxury, making it an ideal choice for diverse travelers. With an Average Daily Rate of $174.3, it caters to various budgets. The Occupancy Rate holds steady at 56%, reaching its peak at 70% in June, highlighting its popularity during the summer months. Downtown provides a wide spectrum of accommodations with 404 Total Available Listings, from high-rise luxury apartments to cozy, budget-friendly units. The Average Revenue for Downtown listings is $35.8K, with June being the best month for hosts, achieving a maximum monthly revenue of $3,000.
Why Downtown is a Winning Choice for Hosts
- Prime location for business travelers with proximity to corporate offices and conference centers.
- A vibrant nightlife scene with numerous bars, clubs, and live-music venues.
- Convenient Reach to Cultural Landmarks such as the Houston Symphony, Alley Theatre, and the Museum of Fine Arts.
- A wide array of dining options, from high-end restaurants to food trucks, offering a culinary journey through various international cuisines.
- Superb public transportation connections, including the MetroRail, ensure guests can easily explore different areas of the city.
Midtown: The Hub of Nightlife and Business
Midtown is your go-to neighborhood for both business and pleasure. Situated close to Downtown Houston, this area boasts high-end restaurants, rooftop bars, and nightclubs, making it ideal for business travelers and night owls.
Midtown Highlights
- Average Daily Rate: $235.4
- Highest Daily Rate in March: $249
- Occupancy Rate: 50%
- Peak Occupancy Rate in March: 61%
- Total Available Listings: 1,079
- Average Revenue: $43.3K
- Maximum Monthly Revenue in March: $3,800
- RevPAR: $119.2
- Weekend RevPAR: $248.3
- Best Month: March
- Market Score: 65
Analyzing Midtown’s Airbnb Metrics
Midtown boasts a high Average Daily Rate of $235.4, with the highest daily rate in March reaching $249. However, the Occupancy Rate hovers at 50%, indicating that while the area is popular, it isn’t always fully booked. With an impressive 1,079 Total Available Listings, guests have a wide range of options to choose from. The Average Revenue is remarkable at $43.3K, making it one of the most lucrative neighborhoods for hosts.
Why Midtown is a Winning Choice for Hosts
- A high Average Daily Rate offers substantial revenue potential.
- Its proximity to Houston’s Theater District attracts a cultured crowd.
- Convenient MetroRail access enhances its appeal for guests.
Rice Military: The Fusion of Urban and Suburban Living
Rice Military is a neighborhood that harmoniously combines urban and suburban lifestyles. Nestled between Memorial Park and Buffalo Bayou Park, this area caters to outdoor enthusiasts and remote workers alike.
Rice Military Highlights
- Average Daily Rate: $205.8
- Highest Daily Rate in July and April: $212
- Occupancy Rate: 51%
- Peak Occupancy Rate in July: 61%
- Total Available Listings: 511
- Average Revenue: $38.5K
- Maximum Monthly Revenue in July: $3,100
- RevPAR: $106.9
- Weekend RevPAR: $228
- Best Month: July
- Market Score: 61
Analyzing Rice Military’s Airbnb Metrics
Rice Military offers an Average Daily Rate of $205.8, with the highest daily rates in July and April reaching $212. The Occupancy Rate averages at 51%, with July being the most popular month at 61%. With 511 Total Available Listings, there’s a good balance of choice and availability. The Average Revenue is $38.5K, making it a solid choice for both hosts and guests.
Why Rice Military Makes an Ideal Pick for Hosts
- Outdoor attractions make it popular for active travelers.
- Modern listings with high-speed internet appeal to remote workers.
- Proximity to shopping areas like the River Oaks District.
EaDo: The Emerging Gem
EaDo, short for East Downtown, is rapidly emerging as one of Houston’s most sought-after neighborhoods. Known for its industrial character and trendy establishments, EaDo is perfect for sports fans, young professionals, and tech-savvy travelers.
EaDo Highlights
- Average Daily Rate: $224.3
- Highest Daily Rate in July and March: $233
- Occupancy Rate: 53%
- Peak Occupancy Rate in March: 65%
- Total Available Listings: 363
- Average Revenue: $43.3K
- Maximum Monthly Revenue in July and March: $3,800
- RevPAR: $121
- Weekend RevPAR: $265.8
- Best Month: March
- Market Score: 68
Analyzing EaDo’s Airbnb Metrics
EaDo boasts an Average Daily Rate of $224.3, with maximum daily rates in July and March reaching up to $233. The Occupancy Rate stands at 53%, peaking in March at 65%. With 363 Total Available Listings, the neighborhood offers a reasonable range of options. The Average Revenue matches Midtown at $43.3K, indicating its growing popularity and potential.
What Makes EaDo an Excellent Selection for Hosts
- Its growing popularity is indicated by a high Market Score.
- Proximity to major sports venues like BBVA Stadium.
- High Average Revenue makes it an attractive investment.
Final Thoughts: Your Ideal Houston Stay Awaits
By delving into the essential Airbnb metrics for these diverse neighborhoods, from Montrose to EaDo, you can pinpoint the area that aligns best with your hosting aspirations. Whether you prioritize high occupancy rates, superior Average Daily Rates, or the allure of cultural and lifestyle attractions that your prospective guests can’t resist, Houston offers a multitude of options. This in-depth guide equips you with the tools needed to make informed decisions, ultimately maximizing your revenue and ensuring your Airbnb listing’s success in Houston’s competitive market. Choose your neighborhood wisely, and embark on a successful hosting journey in the vibrant city of Houston.