Airbnb RentalsBest Real Estate Markets 2018 for Airbnb Investments by Ahmad Shukri August 21, 2018August 21, 2018 by Ahmad Shukri August 21, 2018August 21, 2018Over the past decade, Airbnb has become a major player in an industry that’s worth millions. Accordingly, many small businesses and investment venues have capitalized on that billion-dollar business to generate substantial revenue, and the real estate industry is one of them. To cut to the chase, there are many real estate markets and cities favorable for Airbnb investments. However, along with the strict regulations that a lot of cities are putting on Airbnb properties and hosts, it requires a bit more research to find the best real estate markets 2018 for Airbnb investments.Using data from Mashvisor’s real estate database, we came up with the best real estate markets 2018 favorable for Airbnb investments:Nashville, TNIt’s no surprise that Nashville made it on the list! It’s among the hottest housing markets in the US in 2018. Accordingly, it is one of the best real estate markets 2018 for Airbnb investments. Many attribute Nashville’s favorability for real estate investors to the affordability of housing prices. Property prices have remained constant despite the overall economic growth.Furthermore, the arts and music scene in Nashville seems to keep the tourists coming back, now more than ever. To make things even better for real estate investors, there is no personal income tax and a very low unemployment rate! Check out these figures:Airbnb Rental Income: $2,288Median Property Price: $428,107Average Cap Rate: 3.33%Unemployment Rate: 2.7%If Nashville real estate has gotten your attention, this blog post will be useful for you: The 7 Best Nashville Neighborhoods to Invest in Real Estate for 2018.Austin, TXAustin is among the best real estate markets 2018 and it’s definitely not a surprise. Thanks to the city’s rich history and cultural vitality, it remains a very desirable destination for tourists and especially for millennials. Not only do Airbnb hosts make a high rental income in the peak season, but hotel revenues have witnessed a decrease of around 10% since early 2015. Coincidence? I think not!If you ever get to Austin, TX, make sure to make the most of it and have a swim in Barton Springs pool. To emphasize the vitality of Airbnb investments in Austin, here are a few facts that might help you understand why we’re excited about Austin’s Airbnb investments:Airbnb Rental Income: $2,058Median Property Price: $428,107Average Cap Rate: 3.33%Unemployment Rate: 2.7%Palm Springs, CAA city in the midst of the desert in southern California, Palm Springs has a spectacular art scene and vintage shops lining Palm Canyon Drive. According to Mashvisor’s investment property calculator, real estate investors are encouraged to invest in Airbnb rental units due to the touristic boom the city is witnessing. If you’re a Palm Springs Airbnb property owner, good for you! If you’re not one yet, hurry up to get your share of the average $400 a day that Airbnb hosts are making through Airbnb. To sum up, here are a few interesting facts to take note of about Palm Springs:Airbnb Rental Income: $4,596Median Property Price: $660,946Average Cap Rate: 4.56%Unemployment Rate: 3.7%For more insights about Airbnb Palm Springs, read this blog post: Airbnb Palm Springs: Yes or No?San Jose, CAAnother California haven! According to Mashvisor’s investment property calculator, some areas in San Jose are reaching a whopping $5,000 a month in Airbnb rental income. Pretty neat! San Jose takes its place among the best real estate markets 2018 for Airbnb investments for its proximity to the infamous Silicon Valley in California. Accordingly, tourists take their role seriously in making the city an enjoyable metropolitan experience. If you wish to take your share of rental income in San Jose, check these stats for the North Valley area:Airbnb Rental Income: $4,049Median Property Price: $858,772Average Cap Rate: 1.76%Unemployment Rate: 2.7%Santa Rosa, CAIn the midst of Northern California lies the beautiful city of Santa Rosa. Known for its wine and beer breweries and fresh produce year-round, it makes perfect sense that another California haven makes it on the list of the best real estate markets 2018 for Airbnb investments. With affordable housing prices and an unemployment rate of 2.9% as of March 2018, it draws people from within the state of California and even investors from other states who are looking to venture into out-of-state real estate investing.Airbnb Rental Income: $3,459Median Property Price: $626,950Average Cap Rate: 3.74%Unemployment Rate: 2.9%If you need more details about Santa Rosa’s real estate market, read this blog post: The Best Place to Buy a Vacation Home: Santa Rosa.Portland, ORThe biggest city in Oregon also hits the spot for the best real estate markets 2018. With the Canadian Vancouver to the north and white dressed mountain peaks that sure pleases an eye, Portland is a busy metropolitan city that doesn’t shy away from tourists. In brief, let’s take the old china town to review stats about Airbnb profitability in Portland:Airbnb Rental Income: $2,853Median Property Price: $326,333Average Cap Rate: 2.19%Unemployment Rate: 3.7%Whether you’re a real estate investor or a home buyer, you can make use of the data provided. Start enjoying the 14-day free trial with Mashvisor by clicking here.Key West, FLJumping from the west coast to the east coast, we reach the grade A real estate market of Key West in sunny Florida. Key West is an established luxury vacation destination. Moreover, local residents enjoy its seclusion from mainland Florida. Overall, Key West remains one of the best real estate markets 2018 for Airbnb investments and as far as the eye can see. Of course, real estate prices are not for the faint of heart. Here are a few stats to demonstrate:Airbnb Rental Income: $8,617Median Property Price: $1,065,361Average Cap Rate: 7.56%Unemployment Rate: 2.7%That was our list of the best real estate markets 2018 for Airbnb investments! Of course, there are more vacation destinations that remain lucrative and unmentioned here. However, we chose the ones with the most handsome stats to present to you!If you have any more insights on the matter, please feel free to drop a comment in the comments section! Start Your Investment Property Search! START FREE TRIAL Start Your Investment Property Search! START FREE TRIAL Austin TXKey West FLNashville TNPalm Springs CAPortland ORSan Jose CASanta Rosa CA 0FacebookTwitterGoogle +PinterestLinkedin Ahmad ShukriAhmad is Content Writer at Mashvisor with a degree in marketing. He enjoys writing about everything related to real estate and especially the top markets for investment properties. Previous Post Investors Are Using Real Estate Analytics in 2018. Are You? Next Post Real Estate Tips for Buyers Looking for Airbnb Investment Properties Related Posts Is Airbnb Fort Lauderdale a Profitable Investment in 2018? Investing in Airbnb Savannah Rental Properties in 2018: Yes or No? Buying an Airbnb? Use an Airbnb Income Estimator First Follow These 8 Tips to Have a Successful Airbnb Property House Hacking with Airbnb: How to Live for Free How to Furnish a Vacation Rental Home to Attract More Guests How to Run an Airbnb Rental Property: A Recipe for Success Vacation Homes for Sale in Florida: The Best Real Estate Investments of 2018 Why You Should Choose Short-Term Rentals over Traditional Rentals How to Build an Airbnb Business: 6 Simple Steps 3 Major Considerations for Short-Term Rental Properties Which Are the Best Vacation Home Rental Sites Out There?