Niagara Falls

As of May 2026, Niagara Falls, St. Catharines, Niagara-on-the-Lake have 2,420 active Airbnb and VRBO listings. This represents a 9% decrease from the previous year.

The average Airbnb or VRBO in Niagara Falls generates C$37K per year. High-performing properties earn C$84K/year, while low-performing properties earn C$15K/year. The stark performance variance suggests that revenue is heavily skewed toward top-tier assets, as broader market revenue and supply metrics remain stagnant.

Airbnb and VRBO can be profitable in Niagara Falls. Average annual revenue is C$37K with 30% occupancy. High-performing properties earn up to C$84K/year. This wide revenue gap indicates that despite a contraction in total market supply, elite listings maintain significant pricing power over the average inventory.

The average occupancy rate for Airbnbs and VRBOs in Niagara Falls is 30%. This occupancy level, combined with an average nightly rate of C$298, results in a RevPAR (revenue per available room) of C$71 per day.

4+ bedroom properties demonstrate the strongest performance in Niagara Falls, with annual revenue of C$58K. These properties balance operating costs and rental demand most effectively in the Niagara Falls market. Property performance varies significantly by location, amenities, and management quality.

Short-term rental regulations vary by jurisdiction in the Niagara Falls area. Niagara Falls: Moderate. License required, principal residence only, max 28 consecutive days. Enforcement through complaints and inspections. St. Catharines: Moderate. License mandatory, principal residence requirement, insurance needed. Complaint-based enforcement with penalties. Niagara-on-the-Lake: Strict. License required, principal residence only, heritage district restrictions, density caps. Active enforcement with high fines and monitoring. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Niagara Falls Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 9% year-over-year, while RevPAR has decreased 10%. This indicates balanced supply-demand dynamics. The concurrent drop in both metrics suggests a contraction where lower-earning listings are exiting, leaving a more competitive but consolidated core.

Launch around May, 2-3 months before peak summer season (August peaks). This pre-peak timing lets you build reviews when competition is 40% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (March-January) when gaining traction is harder.

The most common amenities in Niagara Falls listings include: Air Conditioning (99%), Kitchen (96%), Tv (91%), Heating (79%), Washing Machine (68%). Amenities that boost revenue the most include Hot Tub, Pool, Washing Machine, with Hot Tub properties earning approximately 56% more (C$85K/year vs C$54K/year).

Monthly estimated revenue per listing in Niagara Falls over the last 12 months: May: C$2K, June: C$3K, July: C$4K, August: C$5K, September: C$2K, October: C$2K, November: C$1K, December: C$2K, January: C$912, February: C$865, March: C$1K, April: C$2K. These figures are based on RevPAR (revenue per available room) multiplied by the number of days in each month.

The overall average nightly rate in Niagara Falls is C$298, up 9% year-over-year. By property size: 1-bedroom properties average C$180/night, 2-bedroom properties average C$245/night, 3-bedroom properties average C$371/night, 4+ bedroom properties average C$443/night. Rates peak in August and are lowest in February.

Guests in Niagara Falls book an average of 33 days in advance, down 24% from last year. By property size: 1-bedroom: 29 days, 2-bedroom: 30 days, 3-bedroom: 36 days, 4+ bedroom: 39 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Niagara Falls Airbnb and VRBO market has seen the following changes: supply declined 9%, revenue per listing decreased 10%, occupancy fell 3%, average nightly rates increased 9%, and lead time decreased 24%. These shifts highlight a transition toward shorter booking windows and higher price sensitivity, complicating revenue predictability for typical hosts.

In Niagara Falls, Saturday sees the highest booking demand while Monday has the lowest. Nightly rates peak on Saturday and are lowest on Wednesday. Weekends show 62% higher occupancy than weekdays.