Vancouver

As of May 2026, Vancouver, Richmond, Burnaby, North Vancouver have 4,038 active Airbnb and VRBO listings. This represents a 25% decrease from the previous year.

The average Airbnb or VRBO in Vancouver generates C$49K per year. High-performing properties earn C$110K/year, while low-performing properties earn C$17K/year. The massive revenue variance suggests that market success is heavily segmented, with top performers capturing outsized returns even as total supply constricts.

Airbnb and VRBO can be profitable in Vancouver. Average annual revenue is C$49K with 45% occupancy. High-performing properties earn up to C$110K/year. This significant gap between average and top-tier earnings highlights how effectively premium listings leverage the current supply contraction to maximize revenue.

The average occupancy rate for Airbnbs and VRBOs in Vancouver is 45%. This occupancy level, combined with an average nightly rate of C$273, results in a RevPAR (revenue per available room) of C$94 per day.

4+ bedroom properties demonstrate the strongest performance in Vancouver, with annual revenue of C$121K. These properties balance operating costs and rental demand most effectively in the Vancouver market. Property performance varies significantly by location, amenities, and management quality.

Short-term rental regulations vary by jurisdiction in the Vancouver area. Vancouver: Strict. Business license required, principal residence only, max 180 days if entire home. Active enforcement with fines and court action. Richmond: Strict. Business license mandatory, principal residence requirement, max 90 days annually. Active enforcement, multiple prosecutions. Burnaby: Strict. Prohibited except B&Bs in single-family homes. Active bylaw enforcement, significant fines issued. North Vancouver: Strict. Principal residence only, business license required, 60-day cap. Active enforcement with penalties. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Vancouver Airbnb and VRBO market is currently showing balanced with strong demand conditions. Supply has declined 25% year-over-year, while RevPAR has increased 10%. This indicates healthy demand growth outpacing supply. Such dynamics suggest a tightening market where remaining operators face less direct competition for a stable pool of guests.

Launch around May, 2-3 months before peak summer season (August peaks). This pre-peak timing lets you build reviews when competition is -5% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (November-January) when gaining traction is harder.

The most common amenities in Vancouver listings include: Kitchen (97%), Tv (91%), Heating (89%), Washing Machine (87%), Parking (68%). Amenities that boost revenue the most include Sauna, Pool, Washing Machine, with Sauna properties earning approximately 58% more (C$100K/year vs C$63K/year).

Monthly estimated revenue per listing in Vancouver over the last 12 months: May: C$3K, June: C$3K, July: C$4K, August: C$4K, September: C$4K, October: C$3K, November: C$2K, December: C$3K, January: C$2K, February: C$2K, March: C$3K, April: C$3K. 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 Vancouver is C$273, up 12% year-over-year. By property size: 1-bedroom properties average C$185/night, 2-bedroom properties average C$288/night, 3-bedroom properties average C$401/night, 4+ bedroom properties average C$761/night. Rates peak in August and are lowest in February.

Guests in Vancouver book an average of 43 days in advance, down 13% from last year. By property size: 1-bedroom: 41 days, 2-bedroom: 42 days, 3-bedroom: 44 days, 4+ bedroom: 49 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Vancouver Airbnb and VRBO market has seen the following changes: supply declined 25%, revenue per listing increased 10%, occupancy rose 6%, average nightly rates increased 12%, and lead time decreased 13%. These metrics point to a highly efficient market environment where reduced inventory is driving higher pricing power and faster booking cycles.

In Vancouver, Saturday sees the highest booking demand while Tuesday has the lowest. Nightly rates peak on Saturday and are lowest on Monday. Weekends show 19% higher occupancy than weekdays.