Airbnb Data on 1,499 Active Vacation Rentals in Oceanside

Introduction

The Numbers Behind the Oceanside Short-Term (Airbnb) Rental Market

Let’s begin by examining some critical data points that provide insights into the current state of the Airbnb rental market in Oceanside:

1. Property Value and Depreciation

According to Zillow, the median home value in Oceanside, CA, stands at $850,185. However, it’s worth noting that homes in the area have experienced a depreciation rate of 8.90%. This could be an attractive factor for potential investors looking to enter the market.

2. Short-Term Rentals in Oceanside

As of the latest data from Chalet, there are 1,499 active short-term (Airbnb) rentals in Oceanside. This substantial inventory suggests a robust market with plenty of opportunities for both hosts and guests.

3. Average Daily Rate and Occupancy

The average daily rate for Airbnb rentals in Oceanside is $363.50, reflecting the demand for accommodation in this coastal city. Moreover, the occupancy rate is a remarkable 65%, indicating a consistent flow of guests throughout the year.

The annual revenue generated by short-term rentals in Oceanside, CA, is an impressive $70,900. This figure underscores the financial potential for property owners and investors in the short-term rental market.

6. Average Gross Yield and Property Tax

The average gross yield for short-term rentals in Oceanside is 8.34%, which is a favorable return on investment for property owners. Additionally, the average property tax rate is 0.87%, making the financial landscape more attractive for investors.

Short-Term Rental Regulation

One of the factors contributing to Oceanside’s appeal to investors is its relatively investor-friendly short-term rental regulations. While there are zoning regulations and limitations in place, the city is also exploring new laws that may make it even easier for investors to own and operate short-term rentals. This favorable regulatory environment adds another layer of attractiveness to the market.

Exploring Oceanside Beyond the Numbers

Now that we’ve examined the data points that define Oceanside’s short-term rental market, let’s delve into some additional aspects of this picturesque coastal city.

Demographics and Economy

• The median household income in Oceanside, CA, is an essential factor for both property investors and hosts to consider. As of my last knowledge update in September 2021, the median household income in Oceanside was approximately $66,714. It’s important to note that income levels can fluctuate over time, so it’s advisable to check the most recent data for accurate figures.

Climate

• Oceanside enjoys a Mediterranean climate with mild, wet winters and warm, dry summers. The city’s coastal location provides a pleasant climate year-round, making it an attractive destination for tourists seeking sun and outdoor activities.

Population

• Oceanside, CA, has a diverse population, with a population size that was approximately 176,193 as of my last knowledge update in September 2021. It’s worth verifying the latest population statistics for the most up-to-date figures.

Sports Teams and Colleges

• Oceanside is known for its sports and outdoor recreation. While there are no major professional sports teams based in Oceanside, the city offers a variety of sports facilities and opportunities. Additionally, there are no colleges or universities located directly in Oceanside.

Crime Rate

• To ensure the safety and security of your short-term rental property and guests, it’s essential to stay informed about the local crime rate. As of my last update in September 2021, Oceanside had a moderate crime rate. However, crime rates can change, so it’s advisable to consult recent crime data.

Tourism and Visitors

• Oceanside attracts visitors from various locations, thanks to its stunning beaches, recreational activities, and cultural attractions. The total number of visitors to Oceanside can vary throughout the year, with peak tourist seasons driving higher demand for short-term rentals.

Tourist Attractions

• Oceanside boasts a range of tourist attractions, including the Oceanside Pier, California Surf Museum, and LEGOLAND California Resort. These attractions contribute to the city’s popularity among tourists.

Peak Season

• The peak tourist season in Oceanside typically coincides with the summer months when visitors flock to the beaches and outdoor activities are in full swing. However, the city experiences a steady stream of tourists year-round due to its pleasant climate and various events and festivals.

Conclusion

Oceanside, CA, offers a dynamic and potentially lucrative short-term rental market. With favorable revenue potential, a growing supply of rentals, and an appealing climate, this coastal city is an enticing destination for both property investors and travelers. As the city continues to evolve and adapt to changing regulations, it’s essential for investors to stay informed and take advantage of the opportunities presented by Oceanside’s short-term rental market.