Airbnb Occupancy Rates in Richmond, Greater Vancouver(October 2026)
Airbnbs in Richmond, Greater Vancouver earn an average of $46,159 per year, with a typical occupancy rate of 54% and daily rates averaging $233. There were 501 listings published on Airbnb in October 2026.
This analysis will dive into the market dynamics, pricing strategies, and investment opportunities for short-term rental investors in Richmond, Canada.
Richmond Airbnb Market Map (October 2026)
Richmond Market Performance
Canada average: 60% occupancy, $284 per night.
Airbnb occupancy rates by city in CanadaPeriod: February 2026 - September 2026
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How Often Will Your Airbnb Be Booked in Richmond?
View Demand Patterns →Occupancy rates directly impact your revenue potential. Understanding demand patterns helps you set realistic expectations and optimize your availability strategy.
The current average occupancy rate in Richmond is 54%, meaning properties are booked for about 198 nights per year. However, occupancy varies significantly based on property quality and management. Here's what you can expect:
Airbnb Occupancy Tiers in Richmond
Premium(Top 10%) | High-performing(Top 25%) | Average(Median) |
|---|---|---|
| 90% | 75% | 47% |
*High desirability & optimized availability | *Good market fit & guest satisfaction | *Standard market performance |
Seasonal Occupancy Patterns in Richmond
May, September
Highest demand and occupancy rates. Perfect for premium pricing strategies and maximizing revenue. Consider longer minimum stays and higher rates.
February, March
Moderate demand with balanced pricing opportunities. Good for attracting budget-conscious travelers while maintaining reasonable occupancy rates.
January, November
Lower demand requires competitive pricing and creative marketing. Focus on local events, extended stay discounts, and targeting specific traveler segments.
How Much Can You Earn with Airbnb in Richmond?
Calculate Earnings →One of the most common questions for potential Airbnb hosts in Richmond is about earning potential. Let's break down the revenue patterns and what you can realistically expect to earn.
Monthly Revenue Trends in Richmond
Best-in-class Airbnb properties (top 10%) in Richmond achieve around $68,239 annually, while strong performers (top 25%) earn at least $46,254. Typical properties generate about $28,220 per year. Keep in mind, these are market averages—your actual earnings can be even higher depending on your property's location, bedrooms, guest capacity, and unique amenities.
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What Can You Learn from Top-Performing Airbnbs in Richmond?
View Top Performers →Studying successful properties provides valuable insights for your own Airbnb strategy. Here are the top-performing listings in Richmond and what makes them successful.
What Should You Charge for Your Airbnb in Richmond?
Smart Pricing Tools →Pricing is one of the most critical decisions for Airbnb success. Let's analyze the current pricing landscape and help you understand what rates you can realistically charge.
The current average daily rate in Richmond is $233 per night. However, pricing varies significantly based on property quality and location. Here's what different property tiers typically charge:
Airbnb Pricing Tiers in Richmond
Premium(Top 10%) | High-performing(Top 25%) | Average(Median) | Budget(Bottom 25%) |
|---|---|---|---|
| $336per night | $265per night | $197per night | $127per night |
*Top locations, big properties, premium amenities | *Good property management, highly rated | *Standard market performance | *Basic properties, less desirable locations |
Is It Profitable to Start an Airbnb in Richmond?
Investment Analysis →Understanding the profitability potential is crucial for any Airbnb investment decision. Let's analyze the revenue performance and profit margins in the Richmond market to help you make informed financial decisions.
Revenue Performance
Profitability Factors
What Are the Airbnb Regulations in Richmond?
Understanding local regulations is crucial for operating a successful Airbnb. Let's examine the compliance landscape and what you need to know about licensing requirements in Richmond.
Rules for new hosts
New hosts can't currently open an entire-home short-term rental in this market.
Richmond, B.C. licenses short-term rental only of part of a dwelling where the operator lives: a B&B of up to 3 rooms in a single detached house, 500 m from other B&Bs, or boarding and lodging for up to 2 guests. There is no licence for renting a whole home, even a principal residence, so a newcomer cannot rent a whole home short-term.
- October 2023Short-Term Rental Accommodations Act passed.
- May 2024Provincial principal residence requirement in force in listed communities.
- May 2025Provincial short-term rental registry mandatory for hosts and platforms.
- TodayNo change scheduled
- October 2023Short-Term Rental Accommodations Act passed.
- May 2024Provincial principal residence requirement in force in listed communities.
- May 2025Provincial short-term rental registry mandatory for hosts and platforms.
- TodayNo change scheduled
- New licences
- Not allowedMunicipal
- Primary residence only
- YesMunicipal
- Licence
- PermitMunicipal
Last checked October 21, 2026
This is a summary, not legal advice. Check with the local authority before investing.
Registration Numbers on Airbnb
None of the active Airbnb listings we tracked last month display a registration or license number.
This reflects what hosts publish on their Airbnb listings, not the local legal requirements. Always confirm them with local authorities.
Key Regulatory Requirements
Minimal registration requirements may apply.
- Registration numbers must be displayed on listings
- Hosts must comply with local zoning laws
- Tax collection and reporting obligations apply
- Safety standards and insurance requirements must be met
Compliance Benefits
Very low compliance barriers make it easy to start your Airbnb business.
- Avoid fines and legal issues
- Build trust with guests and neighbors
- Ensure long-term business sustainability
- Maintain listing visibility on platforms
Important: Regulations can change frequently, and requirements may vary by neighborhood. Always verify current requirements with local authorities before starting your Airbnb business.
Which Areas in Richmond Are Most Profitable for Airbnb?
Explore All Areas →Not all areas within Richmond perform equally. Let's analyze the performance of different neighborhoods to help you identify the most lucrative locations for your Airbnb investment.
Steveston
Seafair
Blundell
Shellmont
Thompson
Bridgeport
Sea Island
West Cambie
East Richmond
East Cambie
Gilmore
Hamilton
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Airbnb Occupancy Rates in Vancouver, British Columbia
Greater Vancouver, Canada
3,624 Active Listings