22 tracked markets

Source: BNBCalc market metadata · Reviewed by Parker Place, CTO of BNBCalc.com · Data updated October 7, 2026

Best Airbnb Markets in South Africa

Bela-Bela is the top South Africa short-term rental market across Airbnb and Vrbo by annual revenue. Average-tier listings in Bela-Bela earn $579,210 a year on average, with 28% occupancy at an average daily rate of $4,874. Bela-Bela has 325 average active listings.

Top revenue market

Bela-Bela

$579.2K

Median annual revenue

$267.5K

Average listing revenue

Median occupancy

36%

Adjusted occupancy

Tracked markets

22

Countrywide market coverage

Top 10 South Africa Airbnb and Vrbo Markets

Bela-Bela short-term rental market

#1

Bela-Bela

BNBCalc tracks Bela-Bela as a South Africa short-term rental market with Airbnb, Vrbo, and broader rental performance context.

Revenue

$579.2K

Occupancy

28%

Average active listings

325

Cape Town short-term rental market

#2

Cape Town

BNBCalc tracks Cape Town as a South Africa short-term rental market with Airbnb, Vrbo, and broader rental performance context.

Revenue

$526.8K

Occupancy

50%

Average active listings

14,419

Shaka's Rock short-term rental market

#3

Shaka's Rock

BNBCalc tracks Shaka's Rock as a South Africa short-term rental market with Airbnb, Vrbo, and broader rental performance context.

Revenue

$425.4K

Occupancy

41%

Average active listings

1,673

Overstrand Municipality short-term rental market

#4

Overstrand Municipality

BNBCalc tracks Overstrand Municipality as a South Africa short-term rental market with Airbnb, Vrbo, and broader rental performance context.

Revenue

$423.3K

Occupancy

39%

Average active listings

1,939

Mbombela short-term rental market

#5

Mbombela

BNBCalc tracks Mbombela as a South Africa short-term rental market with Airbnb, Vrbo, and broader rental performance context.

Revenue

$413.4K

Occupancy

38%

Average active listings

1,717

Saldanha short-term rental market

#6

Saldanha

BNBCalc tracks Saldanha as a South Africa short-term rental market with Airbnb, Vrbo, and broader rental performance context.

Revenue

$349.1K

Occupancy

36%

Average active listings

1,293

Knysna short-term rental market

#7

Knysna

BNBCalc tracks Knysna as a South Africa short-term rental market with Airbnb, Vrbo, and broader rental performance context.

Revenue

$345.4K

Occupancy

38%

Average active listings

2,081

Montagu short-term rental market

#8

Montagu

BNBCalc tracks Montagu as a South Africa short-term rental market with Airbnb, Vrbo, and broader rental performance context.

Revenue

$340.3K

Occupancy

37%

Average active listings

591

Belfast short-term rental market

#9

Belfast

BNBCalc tracks Belfast as a South Africa short-term rental market with Airbnb, Vrbo, and broader rental performance context.

Revenue

$309.2K

Occupancy

29%

Average active listings

473

Rustenburg short-term rental market

#10

Rustenburg

BNBCalc tracks Rustenburg as a South Africa short-term rental market with Airbnb, Vrbo, and broader rental performance context.

Revenue

$283.8K

Occupancy

29%

Average active listings

615

All South Africa Short-Term Rental Markets

Every market below links to its full BNBCalc market page. Non-US country rankings use annual revenue first because gross yield requires property value metadata that is currently US-only.

Average active listings is the average number of Airbnb and Vrbo listings active in a market each month over the last 12 months, the same figure you'll see on that market's page. Annual revenue is total market revenue over the last 12 months divided by that average, and it already includes cleaning fees.

RankMarketAnnual revenueMonthly revenueADROccupancyAverage active listings
#1Bela-Bela$579,210$48,268$4,87428%325
#2Cape Town$526,796$43,900$2,75850%14,419
#3Shaka's Rock$425,442$35,453$2,69141%1,673
#4Overstrand Municipality$423,285$35,274$2,94939%1,939
#5Mbombela$413,390$34,449$2,63938%1,717
#6Saldanha$349,099$29,092$2,46236%1,293
#7Knysna$345,380$28,782$2,62938%2,081
#8Montagu$340,309$28,359$2,28337%591
#9Belfast$309,171$25,764$2,28329%473
#10Rustenburg$283,820$23,652$2,32529%615
#11Durban$270,293$22,524$1,69839%2,179
#12Mossel Bay$264,746$22,062$1,91539%1,202
#13Jeffreys Bay$263,122$21,927$2,39634%788
#14Port Alfred$250,990$20,916$2,10438%272
#15Margate$213,578$17,798$1,89330%1,013
#16Impendle$195,005$16,250$1,46732%432
#17Port Elizabeth$180,490$15,041$1,21937%961
#18Johannesburg$174,303$14,525$1,23536%6,622
#19Pretoria$164,327$13,694$1,19136%1,932
#20Bloemfontein$122,198$10,183$92333%568
#21East London$115,619$9,635$1,08828%623
#22Klerksdorp$94,802$7,900$99327%342

How We Rank Non-US Markets

Outside the US, BNBCalc ranks country market pages by average annual revenue until property-value coverage is available for international gross yield. Annual revenue is useful for identifying demand and pricing power, but investors should still review acquisition cost, taxes, seasonality, regulations, and operating expenses before comparing returns.

Frequently Asked Questions About South Africa Airbnb and Vrbo Markets