Airbnb Occupancy Rates in Richmond, Virginia(October 2026)

Source: GuestFavoritesLast updated: 2026-10-19

Airbnbs in Richmond, Virginia earn an average of $40,461 per year, with a typical occupancy rate of 58% and daily rates averaging $191. There were 1,531 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, United States.

Richmond Airbnb Market Map (October 2026)

1,531 listings

Richmond Market Performance

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Average Daily Rate (ADR)$191Average daily income from a booked room in Richmond.
Occupancy Rate58% Indicates strong demand and frequent bookings.
Median Annual Revenue$40,461The usual yearly earnings for an Airbnb in Richmond.
Active Listings1,531The total count of active short-term rental listings.

United States average: 55% occupancy, $302 per night.

Airbnb occupancy rates by city in the United States

Period: January 2026 - September 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 58%, meaning properties are booked for about 212 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)
93%78%57%
*High desirability & optimized availability
*Good market fit & guest satisfaction
*Standard market performance

Seasonal Occupancy Patterns in Richmond

Peak Months

May, June

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

Shoulder Months

February, March

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

Low Months

December, January

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 $60,760 annually, while strong performers (top 25%) earn at least $42,117. Typical properties generate about $26,777 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 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 $191 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%)
$308per night$209per night$144per night$91per 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%)$60,760
Strong Performers (25%)$42,117
Market Average$40,461
Profitability Factors
High Occupancy: 58% occupancy rate indicates strong demand and consistent bookings.
Strong ADR: $191 average daily rate supports healthy profit margins.
Market Growth: Established market with proven demand patterns.
Profitability Outlook: Richmond offers strong profitability potential with premium pricing opportunities. The combination of 58% occupancy and $191 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.

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.

Our Classification No Registration Numbers Found

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.

Active Listings880
Daily Rate$182
Occupancy58%
Revenue$39,213

Petersburg

Active Listings81
Daily Rate$132
Occupancy57%
Revenue$27,889

Woodlake

Active Listings11
Daily Rate$1,027
Occupancy41%
Revenue$154,077

Mechanicsville

Active Listings31
Daily Rate$217
Occupancy53%
Revenue$42,684

Hopewell

Active Listings32
Daily Rate$--
Occupancy--%
Revenue$--

Tuckahoe

Active Listings20
Daily Rate$--
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Rockwood

Active Listings20
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Glen Allen

Active Listings17
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Midlothian

Active Listings9
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Meadowbrook

Active Listings17
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Brandermill

Active Listings16
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Dumbarton

Active Listings12
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Ashland

Active Listings13
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Highland Springs

Active Listings12
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Lakeside

Active Listings11
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Montrose

Active Listings11
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Goochland

Active Listings10
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Colonial Heights

Active Listings12
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Laurel

Active Listings13
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Short Pump

Active Listings13
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Sandston

Active Listings9
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Manchester

Active Listings10
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Innsbrook

Active Listings8
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East Highland Park

Active Listings10
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Bensley

Active Listings8
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Bon Air

Active Listings9
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Chester

Active Listings8
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Chamberlayne

Active Listings9
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Wyndham

Active Listings7
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Powhatan

Active Listings6
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West Point

Active Listings4
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Dinwiddie

Active Listings5
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New Kent

Active Listings4
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Charles City

Active Listings5
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Bellwood

Active Listings5
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King And Queen Court House

Active Listings3
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Ettrick

Active Listings5
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Hanover

Active Listings4
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Enon

Active Listings3
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Amelia Court House

Active Listings2
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