How Much Money Does an Average Airbnb Make in Memphis?

Airbnb can be a lucrative business in Memphis, TN. Here’s what you can expect in terms of earnings:

Average Earnings

On average, an Airbnb in Memphis can earn between $1,500 and $3,000 per month. Factors influencing earnings include property size, location, amenities, and the number of bookings.

Seasonal Variations

Earnings can vary by season. Peak tourism times, such as summer and major local events, often see higher occupancy rates and increased nightly rates, boosting overall income.

Maximizing Revenue

To maximize your Airbnb's revenue, focus on offering a high-quality guest experience. Positive reviews, responsive communication, and competitive pricing can lead to higher occupancy rates and increased earnings.