Fresno

As of May 2026, Fresno, Yosemite National Park, Clovis have 762 active Airbnb and VRBO listings. This represents a 24% decrease from the previous year.

The average Airbnb or VRBO in Fresno generates $31K per year. High-performing properties earn $60K/year, while low-performing properties earn $8K/year. The wide revenue delta suggests that earnings are heavily tied to specific asset positioning rather than market-wide demand, as declining supply has not prevented a contraction in overall gross revenue.

Average home prices in Fresno vary by property size: 1-bedroom properties cost approximately $160K, 2-bedroom homes average $272K, 3-bedroom properties are around $376K, and 4+ bedroom homes average $434K. These prices reflect median home values across the Fresno, Yosemite National Park, Clovis area.

Airbnb and VRBO can be profitable in Fresno, with an average gross yield of 8% across all properties. High-performing properties achieve yields up to 15%, which is considered top for short-term rental investment. This spread indicates that top-tier assets are capturing outsized value despite a 24% reduction in total market supply.

The average occupancy rate for Airbnbs and VRBOs in Fresno is 39%. This occupancy level, combined with an average nightly rate of $195, results in a RevPAR (revenue per available room) of $55 per day.

4+ bedroom properties demonstrate the strongest performance in Fresno, with an average gross yield of 11% and annual revenue of $50K. These properties balance purchase price ($434K), operating costs, and rental demand most effectively in the Fresno market.

Short-term rental regulations vary by jurisdiction in the Fresno area. Fresno: Lenient. Business tax certificate required, zoning compliance needed. Minimal active enforcement, many hosts operate informally. Yosemite National Park: Strict. No short-term rentals allowed in park boundaries. National Park Service actively enforces prohibition. Clovis: Moderate. Business license and conditional use permit required for non-owner-occupied rentals. Standard enforcement through complaint-based system. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Fresno Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 24% year-over-year, while RevPAR has decreased 10%. This indicates balanced supply-demand dynamics. The synchronized drop in both supply and revenue highlights a market currently undergoing a correction, where inventory levels are adjusting to match lower total demand.

Launch around January, 2-3 months before peak fall season (April peaks). This pre-peak timing lets you build reviews when competition is 27% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (September-January) when gaining traction is harder.

The most common amenities in Fresno listings include: Air Conditioning (100%), Kitchen (97%), Tv (93%), Washing Machine (87%), Heating (73%). Amenities that boost revenue the most include Washing Machine, Hot Tub, Pool, with Washing Machine properties earning approximately 52% more ($45K/year vs $29K/year).

Monthly estimated revenue per listing in Fresno over the last 12 months: May: $2K, June: $2K, July: $2K, August: $2K, September: $2K, October: $2K, November: $2K, December: $2K, January: $1K, February: $1K, March: $2K, April: $2K. 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 Fresno is $195, up 30% year-over-year. By property size: 1-bedroom properties average $96/night, 2-bedroom properties average $153/night, 3-bedroom properties average $216/night, 4+ bedroom properties average $295/night. Rates peak in November and are lowest in January.

Guests in Fresno book an average of 22 days in advance, down 18% from last year. By property size: 1-bedroom: 19 days, 2-bedroom: 20 days, 3-bedroom: 24 days, 4+ bedroom: 24 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Fresno Airbnb and VRBO market has seen the following changes: supply declined 24%, revenue per listing decreased 10%, occupancy fell 9%, average nightly rates increased 30%, and lead time decreased 18%. These metrics reveal a shift toward shorter booking windows and higher pricing thresholds despite reduced overall utilization.

In Fresno, Saturday sees the highest booking demand while Monday has the lowest. Nightly rates peak on Saturday and are lowest on Monday. Weekends show 36% higher occupancy than weekdays.