Chicago, IL
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Annual revenue (actual)
$62.3k
12 mo avg
↑24%
from prior 12 mo
Occupancy rate
51%
12 mo avg
↑1%
from prior 12 mo
Avg daily rate
$267
12 mo avg
↑20%
from prior 12 mo
Gross yield
12.8%
Current potential
↓0.9 pts
vs prior-year prices
Lead time
36 days
12 mo avg
↑1 days
from prior 12 mo
Revpar
$136
12 mo avg
↑33%
from prior 12 mo
Methodology note: Figures reflect Chicago market data as of October 2026. Data covers Airbnb, VRBO, and Booking.com listings. Values are seasonally influenced; rounding applied for readability.
Ranked by median gross yield across eligible homes. Each home’s annual room-revenue potential is compared with its ZIP- and bedroom-matched value, before expenses.
| Neighborhood | Revenue (potential) | Gross yield |
|---|---|---|
| Beverly, Morgan Park & Far South Side | $28.5K 19 listings | 24.6% 19 listings |
| South Shore & Southeast Chicago | $30.4K 24 listings | 22.0% 24 listings |
| South Suburbs | $43.8K 81 listings | 21.1% 81 listings |
| Austin & Garfield Park | $45.6K 19 listings | 20.3% 19 listings |
| The Loop & South Loop | $89.2K 151 listings | 19.4% 151 listings |
Data as of 2026-10-06
Revenue per listing by bedroom
Annual revenue per listing, broken down by bedroom count. Compare which property sizes perform best.
Bedroom count:
0
1
2
3
4+
Short-term rental supply growth
Tracks how the number of active listings changes over time. Rising supply with flat revenue may indicate saturation.
Performance metrics by bedroom
Breakdown of revenue, property values, yields, supply, and cleaning fees for each bedroom type.
Bedrooms
Median revenue
Median home value
Gross yield
Supply
Amenity revenue impact
This estimate compares similar listings in this market. When local data is limited, we blend in state and U.S. results to prevent unusually high or low estimates.
| Amenity | Est. revenue impact |
|---|---|
| Pool | +44% $27,402/yr |
| Gym | 🔒 +2•% · $•••••/yr Revenue lift and listing count available in Markets |
| Internet | 🔒 +1•% · $••••/yr Revenue lift and listing count available in Markets |
| Lake Access | 🔒 +1•% · $••••/yr Revenue lift and listing count available in Markets |
| Hot Tub | 🔒 +1•% · $••••/yr Revenue lift and listing count available in Markets |
| EV Charger | 🔒 +3% · $••••/yr Revenue lift and listing count available in Markets |
| TV | 🔒 +2% · $••••/yr Revenue lift and listing count available in Markets |
Nightly rate by day of week
Average nightly rate for each day of the week. Most markets see higher rates on weekends.
Occupancy rate by day of week
Shows booking patterns throughout the week. Helps understand demand cycles.
Listings by channel
Listings by rental type
Listings by amenities
Listings by size
4+ bedrooms (0%)
Listings by availability
Length of stay by bedroom
Studio (6.9 nights)
4+ bedrooms (5.7 nights)
1 bedroom (4.7 nights)
2 bedrooms (4.5 nights)
3 bedrooms (4.4 nights)
Cleaning fee by bedroom
4+ bedrooms ($248)
3 bedrooms ($149)
2 bedrooms ($109)
1 bedroom ($83)
Studio ($72)
Professional host share
Professionally managed (55%)
Independent hosts (45%)
Housing market signals
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Are home values in Chicago going up or down?
Unlock five years of home value changes and Zillow's next-year forecast.
Which home type gives you the most space for the price?
Over the 12 months ending September 2026, the Chicago market averaged 8,099 active Airbnb and VRBO listings, down 3% from a year earlier and up 18% over two years.
An average Chicago listing earns $56K/year. High-performing listings earn $123K, while low-performing listings earn $21K.
Median Chicago home prices by size are 1-bedroom $185K, 2-bedroom $281K, 3-bedroom $377K, and 4+ bedroom $496K.
Average occupancy in Chicago is 42%, producing RevPAR of $123 per available night.
Rules vary across Chicago. Chicago: Strict. Registration required, primary residence only, owner-occupancy mandatory, no whole-unit rentals over 30 days without owner present. Active enforcement with fines and platform cooperation. Aurora: Lenient. Business license required, basic zoning compliance. Light enforcement, many operate without issues. Naperville: Strict. Prohibited in most residential zones, requires special use permit which is rarely granted. Enforcement through complaints. Joliet: Moderate. License required, inspections needed, zoning restrictions apply. Moderate enforcement, some unlicensed operators exist. Verify requirements for the property's jurisdiction.
The Chicago Airbnb and VRBO market does not show clear signs of oversaturation. Supply has declined 3% year-over-year, while RevPAR has increased 47%, suggesting demand is outpacing available supply.
RevPAR is highest in July and June; it is lowest in January and February.
The most common amenities are Heating (98%), Internet (98%), TV (98%). The strongest positive revenue associations are Gym (+66%), Washing Machine (+50%), Air Conditioning (+49%).
Average daily rate in Chicago is $305, up 23% year-over-year. Rates peak in June and are lowest in February.
Guests in Chicago book an average of 36 days in advance, up 5% from last year. Booking windows range from 32 days for 1-bedroom listings to 39 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 49% higher than weekday occupancy.
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.
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