How do I find the best Airbnb markets with BNBCalc?

Ranking the markets in a country

Click Markets in the sidebar, which opens the markets in your country (or the last Markets page you had open), and click Worldwide in the breadcrumb to pick another country. The Top rental markets list ranks each market with a card showing its Annual rev, the average yearly revenue per listing, and in the US its Gross yield, which is that revenue divided by the average home value.

You can change the ranking with the controls above the list:

The list shows 10 markets at first, and Load 20 more at the bottom adds more. Click any card to open that market's page.

Choosing what to rank by

The sort you pick decides what "best" means, so choose it on purpose before you trust the order.

Gross yield favors markets where homes are cheap compared with what they earn, which suits an investor who wants the most revenue for each dollar spent on the property. It's measured before any operating or financing costs, though, so a high yield can come from low home prices as much as from strong demand. Revenue ranks markets by what a listing earns, whatever the homes cost, which suits a co-host or manager who's paid on revenue.

The Bedrooms option re-ranks markets for one size of home, so if you're only shopping for a 3-bedroom, rank by 3 bedrooms rather than all of them. Performance switches the cards between a typical listing (Avg rev), the bottom third (Low rev) and the top third (High rev). Keep in mind that the default, Avg rev, describes a typical listing, not the best ones.

Comparing a shortlist

Once you have three or four candidates, open each one's Marketwide Stats tab in turn, for example in separate browser tabs, and set each to the same performance tier, bedroom count and currency so you're comparing like with like. Then look at:

• Annual Rev, Occupancy rate and Avg daily rate, plus Gross yield in the US, for the headline picture;
• Revenue per listing by bedroom and Performance metrics by bedroom, to see which home size earns the most in each market;
• Short-term rental supply growth and Professional host share, to see how many listings already compete there and how many are run by multi-listing hosts;
• Amenity revenue impact and the day-of-week charts, to see which amenities and nights earn more;
• Top ZIP codes by gross yield, in US markets, to narrow a market down to neighborhoods.

How do I read a BNBCalc market page? explains each of these sections. Don't rank markets by the change lines on the cards, though, since they aren't reliable growth rates.

Before you commit to a market, also check its short-term rental rules with the city or county, because none of these numbers tell you whether you'll be allowed to operate.

The public Best Airbnb Markets pages

BNBCalc also publishes free ranking pages at Best Airbnb Markets, with a page for each country and each US state. The US pages rank markets by gross yield, and each state page lists annual and monthly revenue, ADR, occupancy, listing counts and purchase prices, with filters for bedroom count and performance tier, while pages for other countries rank by annual revenue. Whichever page you're on, clicking a market opens its page in BNBCalc Markets.

Without the Markets plan

Inside the app, each country's ranking shows its first 10 markets without a plan, and the sort, bedroom and performance options stay on their defaults, while the public pages above stay open to everyone. Starting the 7-day free trial unlocks the full in-app rankings.