Cape Cod

As of May 2026, Hyannis has 8,399 active Airbnb and VRBO listings. This represents a 6% decrease from the previous year.

The average Airbnb or VRBO in Cape Cod generates $41K per year. High-performing properties earn $113K/year, while low-performing properties earn $23K/year. The extreme variance between top and bottom performers suggests that revenue outcomes are highly polarized rather than uniform, reflecting a market where asset positioning dictates financial viability more than baseline averages.

Average home prices in Cape Cod vary by property size: 1-bedroom properties cost approximately $414K, 2-bedroom homes average $577K, 3-bedroom properties are around $823K, and 4+ bedroom homes average $1.1M. These prices reflect median home values across the Hyannis area.

Airbnb and VRBO can be profitable in Cape Cod, with an average gross yield of 4% across all properties. High-performing properties achieve yields up to 12%, which is considered top for short-term rental investment. This yield spread highlights that while the broader market faces revenue contraction, elite-tier assets maintain significantly stronger profitability buffers against current economic headwinds.

The average occupancy rate for Airbnbs and VRBOs in Cape Cod is 27%. This occupancy level, combined with an average nightly rate of $478, results in a RevPAR (revenue per available room) of $67 per day.

1-bedroom properties demonstrate the strongest performance in Cape Cod, with an average gross yield of 7% and annual revenue of $32K. These properties balance purchase price ($414K), operating costs, and rental demand most effectively in the Cape Cod market.

Short-term rental regulations vary by jurisdiction in the Cape Cod area. Hyannis (Barnstable): Moderate. Registration required, $200 fee, annual renewal. No owner-occupancy mandate. 3% local tax plus state fees. Room occupancy limits apply. Enforcement is moderate - town tracks registrations and responds to complaints, but not aggressive proactive monitoring. Most hosts comply with registration requirements. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Cape Cod Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 6% year-over-year, while RevPAR has decreased 53%. This indicates balanced supply-demand dynamics. Despite the contraction in supply, the sharp decline in RevPAR suggests that demand has softened more rapidly than the inventory count, indicating a challenging pricing environment for existing hosts.

Launch around April, 2-3 months before peak summer season (July peaks). This pre-peak timing lets you build reviews when competition is 44% 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 Cape Cod listings include: Kitchen (96%), Air Conditioning (96%), Washing Machine (73%), Tv (71%), Heating (55%). Amenities that boost revenue the most include Pool, Hot Tub, Washing Machine, with Pool properties earning approximately 64% more ($143K/year vs $87K/year).

Monthly estimated revenue per listing in Cape Cod over the last 12 months: May: $2K, June: $4K, July: $5K, August: $5K, September: $3K, October: $2K, November: $1K, December: $1K, January: $409, February: $417, March: $552, April: $1K. 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 Cape Cod is $478, up 11% year-over-year. By property size: 1-bedroom properties average $275/night, 2-bedroom properties average $354/night, 3-bedroom properties average $453/night, 4+ bedroom properties average $802/night. Rates peak in August and are lowest in March.

Guests in Cape Cod book an average of 39 days in advance, down 28% from last year. By property size: 1-bedroom: 36 days, 2-bedroom: 37 days, 3-bedroom: 39 days, 4+ bedroom: 43 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Cape Cod Airbnb and VRBO market has seen the following changes: supply declined 6%, revenue per listing decreased 53%, occupancy fell 13%, average nightly rates increased 11%, and lead time decreased 28%. These metrics reveal a shift toward short-notice booking behavior and higher price points, forcing hosts to navigate a more volatile, fragmented demand landscape.

In Cape Cod, Saturday sees the highest booking demand while Monday has the lowest. Nightly rates peak on Saturday and are lowest on Wednesday. Weekends show 21% higher occupancy than weekdays.