Question 1

How many Airbnb and VRBO listings are in Erie?

Accepted Answer

Over the 12 months ending September 2026, the Erie market averaged 1,788 active Airbnb and VRBO listings, up 5% from a year earlier and up 50% over two years.

Question 2

How much do Airbnbs and VRBOs make in Erie?

Accepted Answer

An average Erie listing earns $29K/year. High-performing listings earn $58K, while low-performing listings earn $13K.

Question 3

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

Accepted Answer

Median Erie home prices by size are 1-bedroom $121K, 2-bedroom $180K, 3-bedroom $223K, and 4+ bedroom $284K.

Question 4

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

Accepted Answer

Average occupancy in Erie is 29%, producing RevPAR of $62 per available night.

Question 5

Are short-term rentals legal in Erie?

Accepted Answer

Rules vary across Erie. Erie, Pennsylvania: Lenient. No specific short-term rental regulations or licensing requirements at city level. Hosts operate freely with minimal oversight. Light enforcement.
Presque Isle, Pennsylvania: Lenient. No incorporated municipality exists; area falls under Millcreek Township and Erie County jurisdiction. No specific STR regulations beyond standard zoning and tax requirements. Minimal enforcement of rental activity. Verify requirements for the property's jurisdiction.

Question 6

Is the Erie Airbnb and VRBO market oversaturated?

Accepted Answer

The Erie Airbnb and VRBO market appears broadly balanced. Supply has grown 5% year-over-year, while RevPAR has increased 16%, showing no clear supply-demand imbalance.

Question 7

When is peak season for Airbnbs and VRBOs in Erie?

Accepted Answer

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

Question 8

Which Airbnb and VRBO amenities matter most in Erie?

Accepted Answer

The most common amenities are Internet (97%), TV (96%), Parking (96%). The strongest positive revenue associations are Hot Tub (+51%), Washing Machine (+41%), Pool (+28%).

Question 9

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

Accepted Answer

Average daily rate in Erie is $263, up 20% year-over-year. Rates peak in July and are lowest in March.

Question 10

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

Accepted Answer

Guests in Erie book an average of 38 days in advance, up 2% from last year. Booking windows range from 32 days for 1-bedroom listings to 46 days for 4+ bedroom listings.

Question 11

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

Accepted Answer

Booking demand is highest on Saturday and lowest on Tuesday. Nightly rates peak on Saturday and are lowest on Wednesday. Weekend occupancy is 88% 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.Ashtabula & Conneaut	$32.3K 126 listings	21.4% 126 listings
2.Madison	$39.7K 31 listings	19.3% 31 listings
3.Westfield & Findley Lake	$33.8K 47 listings	18.1% 47 listings
4.Erie & Millcreek	$31.3K 160 listings	18.0% 160 listings
5.Geneva-on-the-Lake	$29.5K 161 listings	17.4% 161 listings
6.Meadville	$23.1K 32 listings	15.5% 32 listings
7.Outer Erie County	$32.0K 106 listings	13.6% 106 listings
8.Chautauqua & Bemus Point	$31.0K 59 listings	11.5% 59 listings