Unincorporated Carmel and Carmel Highlands, Monterey Bay Airbnb revenue and occupancy data

What Airbnb listings in Unincorporated Carmel and Carmel Highlands earn, how often they're booked, and how that compares with the rest of Monterey Bay, CA.

Parker Place

Editorial direction

Parker Place

Co-founder & CTO, BNBCalc

Over the past 12 months, regularly available listings in Unincorporated Carmel and Carmel Highlands earned $101,993 on average, were booked for 55% of the nights they were open, and averaged $977 a night. The median gross yield, before expenses, is 5.7%.

Yearly revenue

$101,993

Occupancy

55%

Nightly rate

$977

Gross yield

5.7%

before expenses

Median of 168 listings

Active listings

190

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My take on Unincorporated Carmel and Carmel Highlands

Unincorporated Carmel and Carmel Highlands combines higher average booking revenue with a lower median potential gross yield than Monterey Bay, CA. Trailing-year revenue averages $101,993 locally versus $78,564 across the market, while median potential gross yield is 5.7% versus 8.0%.

The yield uses a separate sample matched to home values and is before expenses, financing and taxes. The qualifying two-bedroom group’s median potential gross yield is 8.3%, a reminder to consider bedroom mix rather than rely solely on the area-wide figure.

Commentary uses groups of at least 20 listings. Tables may include smaller groups.

How much do Airbnb hosts make in Unincorporated Carmel and Carmel Highlands?

Regularly available Airbnb listings in Unincorporated Carmel and Carmel Highlands earned an average of $101,993 over the past 12 months. That is 30% more than the Monterey Bay, CA average of $78,564. That is booking revenue including cleaning fees, before Airbnb fees, operating costs and taxes.

What is the Airbnb occupancy rate in Unincorporated Carmel and Carmel Highlands?

Listings in Unincorporated Carmel and Carmel Highlands were booked for an average of 55% of the nights they were open for booking over the past 12 months. That is about the same as the Monterey Bay, CA average of 55%. Nights a host blocked off don't count.

How much does an Airbnb cost per night in Unincorporated Carmel and Carmel Highlands?

The average nightly rate in Unincorporated Carmel and Carmel Highlands was $977 over the past 12 months, including cleaning fees. That is 36% higher than the Monterey Bay, CA average of $719.

Is an Airbnb in Unincorporated Carmel and Carmel Highlands profitable?

For homes with a matched home value, the median room-revenue potential in Unincorporated Carmel and Carmel Highlands is $139,083 a year and the median gross yield is 5.7%. Gross yield is 2.3 points lower than the Monterey Bay, CA median. Gross yield is measured before expenses, financing and taxes, so profit depends on what you pay for a home and what it costs to run. Analyze the exact property before you buy.

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How much do Airbnb hosts make in Unincorporated Carmel and Carmel Highlands by bedroom count?

Two-bedroom homes have the highest gross yield in Unincorporated Carmel and Carmel Highlands, at 8.3%. The table shows average yearly revenue and median gross yield for each home size, with the Monterey Bay, CA figure for the same size under each one.

Average yearly revenue and median gross yield by bedroom count in Unincorporated Carmel and Carmel Highlands, with Monterey Bay, CA figures
BedroomsYearly revenueGross yield
Studio

9 listings

$41,977

Monterey Bay, CA: $38,941

–
1 bedroom

24 listings

$44,724

Monterey Bay, CA: $42,160

6.0%

Monterey Bay, CA: 6.9%

2 bedrooms

37 listings

$90,157

Monterey Bay, CA: $68,465

8.3%

Monterey Bay, CA: 8.8%

3 bedrooms

68 listings

$117,462

Monterey Bay, CA: $88,596

6.2%

Monterey Bay, CA: 8.4%

4+ bedrooms

52 listings

$127,006

Monterey Bay, CA: $106,147

4.7%

Monterey Bay, CA: 7.2%

How does Unincorporated Carmel and Carmel Highlands compare with nearby areas?

Every row uses the same method and data date. Nearby areas link to their own pages.

Average yearly revenue, occupancy and nightly rate, and median gross yield, in Unincorporated Carmel and Carmel Highlands, the Monterey Bay, CA market and nearby areas
AreaYearly revenueOccupancyNightly rateGross yield
Unincorporated Carmel and Carmel Highlands

This area

190 listings

$101,99355%$9775.7%
Monterey Bay, CA market

1,079 listings

$78,56455%$7198.0%
Pebble Beach (Del Monte Forest)

66 listings

$103,85150%$9875.4%
Pacific Grove

125 listings

$91,08862%$7329.2%
Seaside, Sand City and Del Rey Oaks

149 listings

$61,24855%$5158.5%
Marina

39 listings

$62,11856%$5279.4%

Where is Unincorporated Carmel and Carmel Highlands?

The Monterey Bay, CA market includes 14 areas based on local neighborhood and city boundaries. Each listing is counted in the area containing it.

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About these figures

How is yearly revenue measured?

It is the average booking revenue a regularly available listing earned over the past 12 months, including cleaning fees and before Airbnb fees, operating costs and taxes. It is an estimate, not verified host payouts.

How is occupancy measured?

For each listing, BNBCalc divides the nights booked by the nights it was open for booking over the past 12 months, then averages the results. Nights a host blocked off are left out.

How is the nightly rate measured?

It is the average price per booked night over the past 12 months, including cleaning fees.

What is room-revenue potential?

It estimates what a listing would earn in a year from its nightly rates if it were available all year at its expected occupancy, based on its last 12 months of bookings. It excludes cleaning fees. It is an estimate, not income a host received.

What is gross yield?

For each listing, BNBCalc divides its room-revenue potential by an estimated value for a home with the same ZIP code and bedroom count, then reports the median. It is measured before expenses, financing and taxes, so it is not profit or a full return on investment.

Which listings are included?

Yearly revenue, occupancy and nightly rate cover listings of every type and size that were open for booking at least 127 nights over the past year (190 in Unincorporated Carmel and Carmel Highlands). Room-revenue potential and gross yield cover entire homes with one to five bedrooms that were also booked for at least 30% of their open nights and have a matched home value. BNBCalc shows no figure for an area with fewer than 5 qualifying listings.

How current is this data?

Figures are current as of November 3, 2026 and refresh monthly.

Why are these figures different from the Monterey Bay, CA market page?

The market page summarizes all of Monterey Bay, CA from a separate monthly market dataset. This page averages the individual listings in each area, so the two can differ. Use this page to compare areas with each other.

What can't these figures tell me?

They don't include operating costs, financing, taxes, insurance or the price of a specific home, and they don't show whether short-term rentals are allowed. Check local rules and analyze the exact property before you buy.

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Go deeper on Unincorporated Carmel and Carmel Highlands

With BNBCalc Markets, compare Unincorporated Carmel and Carmel Highlands by bedroom count and performance level, see home prices, and browse its listings on the map.

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