Cape May, NJ
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Overview
Annual Rev
$54.3k
12 mo avg
↑10%
from prior 12 mo
Occupancy rate
30%
12 mo avg
↓2%
from prior 12 mo
Avg daily rate
$420
12 mo avg
↑20%
from prior 12 mo
Lead time
40 days
12 mo avg
↓9 days
from prior 12 mo
Revpar
$99
12 mo avg
↓8%
from prior 12 mo
Methodology note: Figures reflect Cape May market data as of September 2026. Data covers Airbnb, VRBO, and Booking.com listings. Values are seasonally influenced; rounding applied for readability.
Revenue per listing by bedroom
Bedroom count:
0
1
2
3
4+
Short-term rental supply growth
Performance metrics by bedroom
Bedrooms
Annual Rev
Avg. Zestimate
Gross yield
Supply
Amenity revenue impact
| Amenity | Est. revenue impact |
|---|---|
| EV Charger | +16% $8,684/yr |
| Hot Tub | 🔒 +1•% · $••••/yr Revenue lift and listing count available in Markets |
| Lake Access | 🔒 +9% · $••••/yr Revenue lift and listing count available in Markets |
| TV | 🔒 +8% · $••••/yr Revenue lift and listing count available in Markets |
| Bicycles | 🔒 +7% · $••••/yr Revenue lift and listing count available in Markets |
| Sauna | 🔒 +7% · $••••/yr Revenue lift and listing count available in Markets |
| Pool | 🔒 +5% · $••••/yr Revenue lift and listing count available in Markets |
| Internet | 🔒 +4% · $••••/yr Revenue lift and listing count available in Markets |
| Gym | 🔒 +2% · $••••/yr Revenue lift and listing count available in Markets |
| Heating | 🔒 +2% · $••••/yr Revenue lift and listing count available in Markets |
| Pets Allowed | 🔒 +2% · $••••/yr Revenue lift and listing count available in Markets |
Nightly rate by day of week
Occupancy rate by day of week
Listings by channel
Listings by rental type
Listings by amenities
Listings by size
4+ bedrooms (0%)
Listings by availability
Length of stay by bedroom
4+ bedrooms (5.8 nights)
3 bedrooms (5.6 nights)
2 bedrooms (5.2 nights)
1 bedroom (5.1 nights)
Cleaning fee by bedroom
4+ bedrooms ($268)
3 bedrooms ($172)
2 bedrooms ($137)
1 bedroom ($104)
Professional host share
Professionally managed (66%)
Independent hosts (34%)
Housing market signals
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Over the 12 months ending August 2026, the Cape May market averaged 3,553 active Airbnb and VRBO listings, up 5% from a year earlier and up 35% over two years.
An average Cape May listing earns $42K/year. High-performing listings earn $104K, while low-performing listings earn $24K.
Median Cape May home prices by size are 1-bedroom $452K, 2-bedroom $555K, 3-bedroom $533K, and 4+ bedroom $781K.
Average gross yield is 4%, reaching 9% for high-performing listings. Gross yield excludes financing and operating costs, so net profitability varies by property.
Average occupancy in Cape May is 26%, producing RevPAR of $85 per available night.
1-bedroom listings have the highest average gross yield at 6%. They average $29K/year in revenue against a $452K median purchase price.
Rules vary across Cape May. Cape May: Strict. Registration required, $500 fee, inspections mandatory, 2-night minimum stays, parking requirements. Active enforcement with fines and violations tracked. Wildwood: Moderate. Registration and inspections required, rental license needed, property standards enforced. Moderate enforcement focused on safety compliance. Ocean City: Strict. Rental license required, stringent inspections, occupancy limits enforced, seasonal restrictions apply. Active code enforcement with penalties for violations. Verify requirements for the property's jurisdiction.
The Cape May Airbnb and VRBO market appears broadly balanced. Supply has grown 5% year-over-year, while RevPAR has increased 11%, showing no clear supply-demand imbalance.
RevPAR is highest in July and August; it is lowest in January and February.
The most common amenities are Air Conditioning (100%), Internet (99%), TV (98%). The strongest positive revenue associations are Washing Machine (+63%), Parking (+21%), Bicycles (+19%).
Average daily rate in Cape May is $441, up 12% year-over-year. Rates peak in July and are lowest in January.
Guests in Cape May book an average of 41 days in advance, down 11% from last year. Booking windows range from 35 days for 1-bedroom listings to 49 days for 4+ bedroom listings.
Booking demand is highest on Saturday and lowest on Tuesday. Nightly rates peak on Saturday and are lowest on Wednesday. Weekend occupancy is 45% higher than weekday occupancy.