44 tracked markets

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

Best Airbnb Markets in California by Gross Yield

Visalia is the top California short-term rental market across Airbnb and Vrbo by gross yield, with 17.2% gross yield, $60,834 in average annual revenue, and 920 active listings.

Top gross yield

17.2%

Visalia

Median gross yield

7.5%

44 markets with yield data

Median annual revenue

$59.2K

Average listing revenue

Tracked markets

44

Statewide market coverage

Filter market rankings

Default rankings show all bedrooms at the average performance tier.

Bedroom count

Performance tier

Top 10 California Airbnb and Vrbo Markets

Visalia short-term rental market

#1

Visalia

The Visalia short-term rental market presents strong profit potential with $53,601 in annual revenue and a 15.2% gross yield. Smart investors can leverage a $316 average daily rate and 38% occupancy, though standing out among the 888 active listings is crucial for long-term success.

Yield

17.2%

Revenue

$60.8K

Listings

920

Yosemite National Park short-term rental market

#2

Yosemite National Park

Yosemite National Park is a lucrative market for short-term rental investors, delivering $58,804 in annual revenue and a 13.2% gross yield. However, with 1,915 active listings, competition is strong, and buyers must strategically price their properties around the $373 average daily rate to overcome a 34% occupancy rate.

Yield

16.8%

Revenue

$75.6K

Listings

1,977

Palm Springs short-term rental market

#3

Palm Springs

The Palm Springs short-term rental market features a premium average daily rate of $479, driving a strong annual revenue of $61,210 for property owners. However, investors must navigate intense competition from 7,490 active listings, which contributes to a lower average occupancy rate of 31% despite the attractive 12.5% gross yield.

Yield

16.1%

Revenue

$78.5K

Listings

7,661

Clear Lake short-term rental market

#4

Clear Lake

Clear Lake offers short-term rental investors an impressive average daily rate of $445 and a strong annual revenue of $57,900. While the 10.0% gross yield is highly attractive, the 30% occupancy rate across 1,420 active listings indicates that strategic pricing is essential to maximize returns.

Yield

12.8%

Revenue

$73.6K

Listings

1,442

Kirkwood short-term rental market

#5

Kirkwood

In Kirkwood, short-term rental investors can capitalize on a strong average daily rate of $335, driving a solid 8.7% gross yield and $37,867 in annual revenue. However, with only 202 active listings, this niche market suffers from a low 27% occupancy rate, indicating highly seasonal demand that requires careful financial planning.

Yield

12.7%

Revenue

$55.5K

Listings

210

Eureka short-term rental market

#6

Eureka

The Eureka short-term rental market offers a strong annual revenue of $41,861 and a healthy 10.5% gross yield for active investors. However, with 1,245 active listings competing in the area, maintaining a steady cash flow requires navigating a moderate 38% occupancy rate and an average daily rate of $259.

Yield

12.6%

Revenue

$50.5K

Listings

1,283

Redding short-term rental market

#7

Redding

Redding offers a promising opportunity for short-term rental buyers, delivering a 13.4% gross yield and $43,236 in annual revenue. However, with 805 active listings and a 36% occupancy rate, investors must implement smart marketing strategies to leverage the $281 average daily rate and stand out from the competition.

Yield

12.6%

Revenue

$40.8K

Listings

833

Big Bear Lake short-term rental market

#8

Big Bear Lake

Big Bear Lake offers short-term rental investors a strong $352 ADR and an 11.0% gross yield, leading to $41,546 in annual revenue. However, with 1,605 active listings, high competition contributes to a low 23% occupancy rate that buyers must carefully factor into their financial models.

Yield

11.9%

Revenue

$44.8K

Listings

1,647

Temecula short-term rental market

#9

Temecula

Temecula offers short-term rental investors an impressive annual revenue of $61,348 and a strong $474 average daily rate. While the 9.7% gross yield is highly attractive, buyers must develop effective marketing strategies to overcome a lower 30% occupancy rate across the 484 active listings.

Yield

11.1%

Revenue

$70.4K

Listings

512

Crestline short-term rental market

#10

Crestline

The Crestline short-term rental market delivers a 9.7% gross yield and a solid annual revenue of $38,536. However, with 467 active listings, investors should note that the occupancy rate is quite low at 23%, requiring strong marketing to capture the $342 average daily rate.

Yield

10.7%

Revenue

$42.6K

Listings

492

All California Short-Term Rental Markets

Every market below links to its full BNBCalc market page. Rankings use gross yield first, then annual revenue when yield is missing.

Active listings are Airbnb and Vrbo listings observed as active in the selected market metadata segment. The all-bedrooms view uses all active listings in that market; bedroom filters use the active listing count for the selected bedroom group.

RankMarketGross yieldAnnual revenueMonthly revenueADROccupancyListingsPurchase price
#1Visalia17.2%$60,834$5,070$29443%920$353,435
#2Yosemite National Park16.8%$75,591$6,299$36342%1,977$451,285
#3Palm Springs16.1%$78,519$6,543$44340%7,661$487,140
#4Clear Lake12.8%$73,580$6,132$42039%1,442$575,850
#5Kirkwood12.7%$55,488$4,624$40032%210$435,752
#6Eureka12.6%$50,526$4,211$24746%1,283$401,229
#7Redding12.6%$40,836$3,403$23539%833$324,653
#8Big Bear Lake11.9%$44,809$3,734$30427%1,647$375,805
#9Temecula11.1%$70,400$5,867$42636%512$632,271
#10Crestline10.7%$42,609$3,551$30928%492$400,032
#11Chico10.5%$40,053$3,338$25137%1,164$380,376
#12Bakersfield10.2%$32,726$2,727$20437%677$322,145
#13Monterey Bay10.1%$113,656$9,471$56146%1,149$1,121,833
#14Arnold10.0%$39,958$3,330$30230%736$399,755
#15Mammoth Lakes8.7%$66,198$5,516$40334%2,077$761,654
#16Shaver Lake8.5%$39,800$3,317$31829%365$466,737
#17Paso Robles8.1%$67,108$5,592$40936%1,049$826,902
#18Fresno8.0%$30,957$2,580$17842%572$385,063
#19San Diego8.0%$87,398$7,283$35354%9,027$1,088,869
#20Lake Tahoe7.9%$77,698$6,475$49335%4,220$980,385
#21North LA County7.9%$52,808$4,401$28345%1,474$666,573
#22Anaheim7.7%$85,925$7,160$35056%1,113$1,120,788
#23Marin County7.4%$87,985$7,332$48341%3,104$1,194,038
#24Pismo Beach7.0%$71,399$5,950$39441%1,147$1,015,862
#25Santa Cruz6.9%$78,581$6,548$43041%820$1,142,875
#26Sacramento6.4%$39,271$3,273$21843%1,691$611,894
#27Los Angeles6.4%$56,000$4,667$25551%1,617$878,092
#28Gateway Cities6.3%$51,867$4,322$23649%1,103$817,160
#29Cuyamaca Rancho6.3%$40,434$3,369$26134%58$640,501
#30Modesto6.0%$31,879$2,657$20440%675$531,051
#31Oceanside5.9%$92,248$7,687$42152%2,903$1,550,805
#32Santa Barbara5.9%$95,059$7,922$49246%1,476$1,603,579
#33Davenport5.8%$58,911$4,909$29844%79$1,016,248
#34Burbank5.7%$62,507$5,209$28851%953$1,087,420
#35San Bernadino5.7%$36,991$3,083$21741%798$646,928
#36South Bay LA5.7%$61,144$5,095$26952%1,326$1,078,328
#37San Francisco5.6%$78,439$6,537$30160%1,437$1,405,691
#38Fallbrook5.5%$59,475$4,956$32142%1,103$1,074,147
#39Orange County5.4%$86,748$7,229$38951%3,820$1,614,612
#40Malibu4.6%$81,267$6,772$37850%2,841$1,750,215
#41Covina4.0%$36,334$3,028$18645%504$905,155
#42Oakland3.8%$41,699$3,475$20352%2,310$1,108,720
#43Pasadena3.4%$40,704$3,392$19349%1,614$1,180,847
#44Silicon Valley2.8%$57,361$4,780$26555%2,945$2,053,934

How We Rank Markets

For US markets, BNBCalc ranks state market pages by gross yield: annual Airbnb and Vrbo short-term rental revenue divided by estimated property value. Gross yield is a fast way to compare market-level opportunity before operating expenses, financing, taxes, insurance, seasonality, and local rules.

  • Annual revenue uses ADR, adjusted occupancy, and estimated cleaning revenue when cleaning and stay data exists.

  • ADR is nightly-only and excludes cleaning fees and other guest fees.

  • Occupancy is adjusted occupancy of bookable nights, excluding host-blocked nights.

  • Gross yield uses annual revenue divided by estimated property value; it does not include operating expenses, financing, taxes, or local regulation risk.

Compare Rental Demand in California

For long-term rental context, compare statewide Section 8 Fair Market Rent data alongside short-term rental market performance.

Frequently Asked Questions About California Airbnb and Vrbo Markets