Austin has roughly 14,700 active short-term rental listings. The average one grossed $41,372 in the trailing twelve months, at 58% occupancy and a $215 average nightly rate. Occupancy, rate, and the revenue they multiply to are what every figure on this page is made of.
The ranges below run from the 25th percentile to the 90th. A quarter of listings in each neighborhood earn less than the bottom figure, and a tenth earn more than the top. The bars describe the market a house enters, not the house itself, which is the point of the section further down.
Neighborhood and size pull in different directions. Size sets the ceiling: a six-bedroom with a pool earns more than seven times what a one-bedroom does. Neighborhood decides what a house is booked for. Walkable areas pick up weekday travel and short stays; the hills pick up groups, weekends and holidays, which come at higher rates for more nights.
Then there is the calendar, which moves the whole market at once.
The ranges above are wide because the houses in them are not alike. Two three-bedroom houses on the same street can sit at opposite ends of that bar. Five things decide which end.
If you are deciding whether to buy, the neighborhood and size figures give you a bracket before you have an address. If you already own the house, they tell you roughly where in the market it sits, and the section above tells you which lever would move it. A house at the bottom of its range with good bones is a design problem. A house at the bottom with a poor listing is an operations problem.
What the ranges cannot do is land on a number for a specific property. That takes the address, the floor plan, what is in the house now, and a comparison against the listings most like it, which is what the estimate is.
The ranges are the market. Your house is one point inside them, and we can tell you which.
A free estimate: the address, a few facts about the house, and we reply with a projected range for it specifically, with the comparables we used.