Airbnb Occupancy Rates in Richmond, Greater Vancouver(September 2026)

Source: GuestFavoritesLast updated: 2026-09-14

Airbnbs in Richmond, Greater Vancouver earn an average of $49,331 per year, with a typical occupancy rate of 57% and daily rates averaging $236. There were 499 listings published on Airbnb in September 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 (September 2026)

499 listings

Richmond Market Performance

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Average Daily Rate (ADR)$236Average daily income from a booked room in Richmond.
Occupancy Rate57% Indicates strong demand and frequent bookings.
Median Annual Revenue$49,331The usual yearly earnings for an Airbnb in Richmond.
Active Listings499The total count of active short-term rental listings.

Period: February 2026 - August 2026

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How Often Will Your Airbnb Be Booked in Richmond?

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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 57%, meaning properties are booked for about 209 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)
Low-performing(Bottom 25%)
93%80%56%24%
*High desirability & optimized availability
*Good market fit & guest satisfaction
*Standard market performance
*Higher vacancy, optimization needed

Seasonal Occupancy Patterns in Richmond

Peak Months

July, May

Highest demand and occupancy rates. Perfect for premium pricing strategies and maximizing revenue. Consider longer minimum stays and higher rates.

Shoulder Months

October, March

Moderate demand with balanced pricing opportunities. Good for attracting budget-conscious travelers while maintaining reasonable occupancy rates.

Low Months

January, December

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?

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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 $76,920 annually, while strong performers (top 25%) earn at least $53,805. Typical properties generate about $34,210 per year, and entry-level listings (bottom 25%) see earnings near $13,735, often with room for optimization. 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 Should You Charge for Your Airbnb in Richmond?

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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 $236 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%)
$338per night$266per night$197per night$123per 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
Top Performers (10%)$76,920
Strong Performers (25%)$53,805
Market Average$49,331
Entry Level (25%)$13,735
Profitability Factors
High Occupancy: 57% occupancy rate indicates strong demand and consistent bookings.
Strong ADR: $236 average daily rate supports healthy profit margins.
Market Growth: Emerging market with proven demand patterns.
Profitability Outlook: Richmond offers strong profitability potential with premium pricing opportunities. The combination of 57% occupancy and $236 ADR creates a profitable investment environment for short-term rental hosts.

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.

Current Regulatory Status

No properties have proper licensing in this market, indicating minimal regulatory enforcement.

Compliance Level No Licensing Required

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?

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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.

Active Listings300
Daily Rate$263
Occupancy52%
Revenue$50,911
Active Listings40
Daily Rate$218
Occupancy62%
Revenue$49,676

Steveston

Active Listings27
Daily Rate$224
Occupancy63%
Revenue$52,351

Seafair

Active Listings26
Daily Rate$174
Occupancy62%
Revenue$39,662

Shellmont

Active Listings21
Daily Rate$--
Occupancy--%
Revenue$--

Thompson

Active Listings17
Daily Rate$--
Occupancy--%
Revenue$--

Blundell

Active Listings18
Daily Rate$--
Occupancy--%
Revenue$--

Bridgeport

Active Listings12
Daily Rate$--
Occupancy--%
Revenue$--

Sea Island

Active Listings6
Daily Rate$--
Occupancy--%
Revenue$--

West Cambie

Active Listings11
Daily Rate$--
Occupancy--%
Revenue$--

East Richmond

Active Listings11
Daily Rate$--
Occupancy--%
Revenue$--

East Cambie

Active Listings6
Daily Rate$--
Occupancy--%
Revenue$--

Hamilton

Active Listings5
Daily Rate$--
Occupancy--%
Revenue$--

Gilmore

Active Listings3
Daily Rate$--
Occupancy--%
Revenue$--

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