26 tracked markets

Source: BNBCalc market metadata · Reviewed by Parker Place, CTO of BNBCalc.com · Data updated July 10, 2026

Best Airbnb Markets in New Zealand

Queenstown is the top New Zealand short-term rental market across Airbnb and Vrbo by annual revenue, with $106,548 in average annual revenue, 56% occupancy, and 3,989 active listings.

Top revenue market

Queenstown

$106.5K

Median annual revenue

$43.8K

Average listing revenue

Median occupancy

45%

Adjusted occupancy

Tracked markets

26

Countrywide market coverage

Top 10 New Zealand Airbnb and Vrbo Markets

Queenstown short-term rental market

#1

Queenstown

BNBCalc tracks Queenstown as a New Zealand short-term rental market with Airbnb, Vrbo, and broader rental performance context.

Revenue

$106.5K

Occupancy

56%

Listings

3,989

Ben Ohau short-term rental market

#2

Ben Ohau

BNBCalc tracks Ben Ohau as a New Zealand short-term rental market with Airbnb, Vrbo, and broader rental performance context.

Revenue

$85.0K

Occupancy

59%

Listings

858

Lake Taupo short-term rental market

#3

Lake Taupo

BNBCalc tracks Lake Taupo as a New Zealand short-term rental market with Airbnb, Vrbo, and broader rental performance context.

Revenue

$56.8K

Occupancy

49%

Listings

938

Rotorua short-term rental market

#4

Rotorua

BNBCalc tracks Rotorua as a New Zealand short-term rental market with Airbnb, Vrbo, and broader rental performance context.

Revenue

$55.6K

Occupancy

47%

Listings

718

Auckland short-term rental market

#5

Auckland

BNBCalc tracks Auckland as a New Zealand short-term rental market with Airbnb, Vrbo, and broader rental performance context.

Revenue

$53.0K

Occupancy

54%

Listings

3,538

Invercargill short-term rental market

#6

Invercargill

BNBCalc tracks Invercargill as a New Zealand short-term rental market with Airbnb, Vrbo, and broader rental performance context.

Revenue

$51.0K

Occupancy

52%

Listings

477

Tauranga short-term rental market

#7

Tauranga

BNBCalc tracks Tauranga as a New Zealand short-term rental market with Airbnb, Vrbo, and broader rental performance context.

Revenue

$48.5K

Occupancy

46%

Listings

1,349

Christchurch short-term rental market

#8

Christchurch

BNBCalc tracks Christchurch as a New Zealand short-term rental market with Airbnb, Vrbo, and broader rental performance context.

Revenue

$48.3K

Occupancy

54%

Listings

1,884

Raglan short-term rental market

#9

Raglan

BNBCalc tracks Raglan as a New Zealand short-term rental market with Airbnb, Vrbo, and broader rental performance context.

Revenue

$48.1K

Occupancy

43%

Listings

315

Whangārei short-term rental market

#10

Whangārei

BNBCalc tracks Whangārei as a New Zealand short-term rental market with Airbnb, Vrbo, and broader rental performance context.

Revenue

$46.7K

Occupancy

44%

Listings

1,494

All New Zealand 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.

Active listings are Airbnb and Vrbo listings observed as active in the selected country market metadata. Annual revenue uses ADR, adjusted occupancy, and estimated cleaning revenue when cleaning and stay data exists.

RankMarketAnnual revenueMonthly revenueADROccupancyListings
#1Queenstown$106,548$8,879$52256%3,989
#2Ben Ohau$84,968$7,081$41259%858
#3Lake Taupo$56,836$4,736$33449%938
#4Rotorua$55,626$4,636$30147%718
#5Auckland$52,957$4,413$26554%3,538
#6Invercargill$50,954$4,246$27952%477
#7Tauranga$48,511$4,043$30646%1,349
#8Christchurch$48,296$4,025$23354%1,884
#9Raglan$48,120$4,010$29543%315
#10Whangārei$46,672$3,889$31044%1,494
#11Akaroa$45,965$3,830$30248%194
#12Hahei$45,474$3,789$32345%989
#13Napier$45,314$3,776$30742%560
#14Wellington$42,305$3,525$23748%1,426
#15Nelson$42,240$3,520$27445%496
#16Kaikoura$41,616$3,468$29143%195
#17Hamilton$41,535$3,461$25246%668
#18Dunedin$40,593$3,383$23149%558
#19Hokitika$39,587$3,299$27445%232
#20Takaka$38,819$3,235$29741%338
#21Taranaki$38,091$3,174$25242%458
#22Waipiro Bay$36,987$3,082$28140%145
#23Tongariro$36,586$3,049$28935%272
#24Marlborough$36,339$3,028$27841%302
#25Whanganui$29,786$2,482$21439%314
#26Wairoa$29,660$2,472$26432%50

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 New Zealand Airbnb and Vrbo Markets