Question 1

How many Airbnb and VRBO listings are in Canyon?

Accepted Answer

Over the 12 months ending September 2026, the Canyon market averaged 829 active Airbnb and VRBO listings, up 3% from a year earlier and up 26% over two years.

Question 2

How much do Airbnbs and VRBOs make in Canyon?

Accepted Answer

An average Canyon listing earns $34K/year. High-performing listings earn $74K, while low-performing listings earn $13K.

Question 3

How much does it cost to buy an Airbnb or VRBO property in Canyon?

Accepted Answer

Median Canyon home prices by size are 1-bedroom $98K, 2-bedroom $119K, 3-bedroom $196K, and 4+ bedroom $277K.

Question 4

What is the occupancy rate for Airbnb and VRBO in Canyon?

Accepted Answer

Average occupancy in Canyon is 47%, producing RevPAR of $63 per available night.

Question 5

Are short-term rentals legal in Canyon?

Accepted Answer

Rules vary across Canyon. Amarillo: Lenient. No specific STR regulations or permit requirements. Operates under standard zoning and business rules. Minimal enforcement.
Lubbock: Lenient. No dedicated STR ordinance. Standard business license may apply. Minimal oversight or enforcement activity.
Palo Duro Canyon: Lenient. Unincorporated area under Randall/Armstrong counties. No specific STR rules beyond standard property regulations. Very limited enforcement. Verify requirements for the property's jurisdiction.

Question 6

Is the Canyon Airbnb and VRBO market oversaturated?

Accepted Answer

The Canyon Airbnb and VRBO market appears broadly balanced. Supply has grown 3% year-over-year, while RevPAR has increased 18%, showing no clear supply-demand imbalance.

Question 7

When is peak season for Airbnbs and VRBOs in Canyon?

Accepted Answer

RevPAR is highest in July and June; it is lowest in January and February.

Question 8

Which Airbnb and VRBO amenities matter most in Canyon?

Accepted Answer

The most common amenities are Internet (98%), Air Conditioning (98%), TV (98%). The strongest positive revenue associations are Washing Machine (+61%), Bbq (+48%), Heating (+37%).

Question 9

What is the average nightly rate for Airbnbs and VRBOs in Canyon?

Accepted Answer

Average daily rate in Canyon is $189, up 16% year-over-year. Rates peak in March and are lowest in January.

Question 10

How far in advance do guests book Airbnb and VRBO stays in Canyon?

Accepted Answer

Guests in Canyon book an average of 27 days in advance, up 4% from last year. Booking windows range from 22 days for 1-bedroom listings to 31 days for 2-bedroom listings.

Question 11

Which days of the week perform best for Airbnbs and VRBOs in Canyon?

Accepted Answer

Booking demand is highest on Saturday and lowest on Monday. Nightly rates peak on Saturday and are lowest on Wednesday. Weekend occupancy is 40% higher than weekday occupancy.

Question 12

How is gross yield calculated?

Accepted Answer

For each eligible home, annual room-revenue potential is divided by a ZIP- and bedroom-matched home-value estimate. Groups show the median of those yields. Cleaning income is excluded. Gross yield is before expenses and financing.

Neighborhood	Revenue (potential)	Gross yield
1.Central & North Amarillo	$26.1K 232 listings	16.7% 232 listings
2.Canyon & Palo Duro Canyon	$34.4K 167 listings	15.6% 167 listings
3.South Amarillo	$36.0K 171 listings	14.6% 171 listings