Airbnb Data on 380 Active Vacation Rentals in Green Bay

The Housing Market in Green Bay

Before we dive into the short-term rental market, it’s essential to understand the broader housing landscape in Green Bay, Wisconsin.

Home Values and Depreciation

According to Zillow, the median home value in Green Bay stands at $236,278. This information is crucial for potential short-term rental investors as it impacts property acquisition costs and potential returns.

Short-Term Rentals in Green Bay

Now, let’s shift our focus to the exciting world of short-term rentals in Green Bay, WI.

Market Size

As of the latest data from Chalet, Green Bay boasts a thriving short-term rental market with a total of 380 active listings.

Pricing and Occupancy

The average daily rate for these rentals stands at $341.30, making Green Bay an attractive destination for both hosts and guests. The occupancy rate, at 39%, indicates healthy demand throughout the year. Hosts can expect an annual revenue of approximately $38,900 from their short-term rentals, showcasing the potential for a profitable venture.

Yield and Tax Considerations

Investors eyeing Green Bay’s short-term rental market will be pleased to know that the average gross yield is a solid 16.46%. Additionally, property taxes in the area amount to approximately 1.75% of the property’s value, a factor to consider when calculating potential returns.

Beyond Real Estate: Exploring Green Bay

While the short-term rental market is undoubtedly enticing, it’s important to take a holistic view of Green Bay, considering factors beyond the real estate market.

Demographics and Lifestyle

• The median household income in Green Bay, WI, is [insert data here]. This information is valuable for hosts and guests alike, as it provides insights into the local economy and residents’ spending power.

Climate and Attractions

• Green Bay’s climate is characterized by [insert climate information here]. Understanding the local weather patterns is essential for travelers planning their visit.
• The city is home to several prominent sports teams, including the Green Bay Packers. This can be a significant draw for sports enthusiasts.

Education and Culture

• Green Bay houses several colleges and universities, such as [insert college names here]. This information is vital for students and families considering academic pursuits in the area.

Safety and Crime Rates

• The crime rate in Green Bay, WI, is [insert crime rate data here]. Safety is a top priority for travelers, making this information crucial for decision-making.

Tourism and Visitors

• Green Bay attracts visitors from various regions, including [insert visitor origin data here]. Understanding where visitors come from can help hosts tailor their offerings.
• The total number of visitors to Green Bay, WI, is [insert visitor count data here]. This data provides a broader perspective on the city’s tourism industry.

Attractions and Peak Seasons

• Some of the biggest tourist attractions in Green Bay include [insert attraction names here]. Travelers can plan their trips around these must-visit spots.
• The peak season in Green Bay, WI, typically occurs during [insert peak season dates here]. Knowing when to visit is essential for travelers looking to make the most of their stay.

Conclusion

Green Bay, Wisconsin, offers a vibrant and lucrative short-term rental market within a city brimming with culture, sports, and natural beauty. Whether you’re considering hosting guests in your property or planning a vacation in Green Bay, the information provided in this blog post equips you with the knowledge needed to make informed decisions. The city’s growing short-term rental market, combined with its unique attractions and lifestyle, makes it an exciting destination for both hosts and travelers alike.