Homer, Alaska Short Term Rental Analytics

You should consider various analytics when evaluating the potential for investing in a short-term rental, such as a vacation rental or Airbnb, in a particular city. Factoring in the local tourist demand, competition, pricing, and seasonality can help you evaluate the opportunity. Review our rental analytics to begin your journey.

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Reviewed by Derick Hargrave

Last updated August 23, 2023

Analyze the Short Term Rental Market in Homer, Alaska

If you're considering investing in a short-term rental property, there are a few things you'll need to consider. One of the most important factors in achieving this is understanding the data and analytics associated with short-term rentals. Of course, it's not all about price. You also need to ensure your property is well-maintained and clean, so guests have a positive experience. Paying attention to the details, you can ensure that your vacation rental is a successful investment.

Pricing: When pricing your rental, it's important to consider the going rates in your area. This will give you a good starting point for setting a competitive price. In Homer, properties rent for more than the national average, at $255 per night for a 2 bedroom. Weekends rent for about 2% less than the week, so adjust pricing to maximize revenue.

Seasons: Generally, the summer months are the most expensive, while the winter months are the least expensive. However, this can also depend on the location of the rental property. For this city, July has the highest average nightly rent, while March has the lowest.

Regulations: Each city have their own rules regarding what types of properties are allowed to rent for periods less than 30 days. Review our Homer short-term rental regulations guide to learn more about the local property market.

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  • Short Term City Rating
    5.4
  • Competition

    5.5
  • Real Estate Cost

    N/A
  • STR Regulations

    N/A
  • Seasonality

    3.8
  • Rental Rates

    7.0

Listed Short-Term Properties

What is the average short-term property size in Homer?

A host can list the entire home/apartment, a private room, a shared room, and, more recently, a hotel room on Airbnb. VRBO, however, only allows entire properties to be listed. In Homer, there are more entire units listed than in other cities. Most short-term rentals have between 1 and 3 bedrooms, although some have more or less. In this city, roughly 78% of properties are this size.

Number of Bedrooms

Property Types

Average Rates

How much do short-term rentals in Homer rent for?

The average rent for a 2 bedroom short-term rental in Homer is $255 per night. However, prices can vary greatly depending on the specific property and location. For example, a luxury home in a prime location will likely cost more than a basic apartment in a less desirable area. Also, peak times such as summer and holiday weekends may increase prices. Use the chart below to see rates based on the number of bedrooms and the time of the year to gauge the market rate.

$255
Average Daily Rate
Average
Rate Variability

Note: Pricing based on public and private pricing data for some cities and bedroom combinations data is less accurate, so compare to other sources.

Other Listing Fees in Homer

Find out what the average amounts for cleaning, guest, and pet fees that hosts charge on listing platforms.

Pet Fees

Hosts typically charge a fee if guests want to bring a pet on their vacation. In Homer, this averages $75 per stay. The fee varies by property size and can reach as high as $100. Some hosts prefer to charge a nightly fee instead, averaging $25 in this city.

Additional Guest Fees

Guest fees are charged by a rental host to bring an additional guest. The price may depend on the length of stay and the number of people in the house. The average fee is $25 per stay and can reach as high as $50. Some hosts prefer to charge a nightly fee instead, averaging $25 in this city.

Cleaning Fees

Depending on the property, the cleaning fee charged by short-term rental hosts can range significantly. We break down the average cleaning fee based on property size below to help guide what a reasonable rate is for your city.

Bedrooms Low Fee Average Fee High Fee
0 $28 $40 $60
1 $35 $50 $65
2 $50 $85 $100
3 $95 $125 $160
4 $150 $175 $209
5 $163 $250 $300

Interested in other Alaska cities?

Check out the Alaska short term rental regulations directory 

Property Amenities

What are the most common amenities in Homer short-term rental properties?

To help short-term rental property owners know what they are getting into by surveying the amenities they provided to guests. We've compiled a list of the most common amenities that hosts provide in Homer and included rankings to help you decipher the most popular items.

Check-in

Self check-in

Keypad

Luggage dropoff allowed

Lockbox

Entertainment

TV

Books and reading material

Indoor fireplace

Board games

Gym

Essentials

Heating

Wifi

Towels, sheets, soap and toilet paper

Hot water

Shampoo

Hair dryer

Bed linens

Extra pillows and blankets

Body soap

Room-darkening shades

Kids

Pack and play/Travel crib

Children books and toys

Children dinnerware

High chair

Crib

Kitchen

Kitchen

Dishes and silverware - Bowls

Coffee maker

Refrigerator

Cooking basics - Pots and pans

Microwave

Stove

Oven

Coffee

Toaster

Laundry

Hangers

Washer

Dryer

Iron

Laundromat nearby

Location

Private entrance

Ocean view

Beach access

Beach view

Waterfront - Right next to a body of water

Garden view

Misc

Long term stays allowed

Pets allowed

Dining table

Clothing storage

Dedicated workspace

Single level home - No stairs in home

Outdoor

Patio or balcony

Backyard

BBQ grill

Outdoor furniture

Fire pit

Barbecue utensils - Grill

Outdoor dining area

Hot tub

Parking

Free parking on premises

Free street parking

Safety

Smoke alarm

Fire extinguisher

Carbon monoxide alarm

First aid kit

Security cameras on property

Homer Listing Statistics

Review our Homer short-term rental regulations guide

Listings by SuperHosts This is more than other cities. A higher superhost number means experienced hosts run many properties.
65%
Reviews per Listing This is about average compared with other cities and means this city has a mix of new and longer-term rental properties.
36
Photos per Listing This is more than other cities. Additional photos help potential guests get a better perspective of your property.
21

How do guests rate properties in Homer?

The stars on an Airbnb or Vrbo listing indicate the overall rating given by previous guests. This is a helpful metric to provide a general sense of what to expect from a property, but it's important to remember that everyone has different standards. A five-star rating doesn't necessarily mean that a property is perfect. It just means that most guests who have stayed there have had a positive experience. Homer has an overall rating of 4.91. This is higher than other cities, making it a competitive short-term rental market for new hosts.

  • Average Property Ratings
  • Listing Accuracy

    4.90
  • Checkin / Checkout

    4.94
  • Cleanliness

    4.91
  • Communication

    4.93
  • Location

    4.92
  • Value

    4.85
  • Overall Rating

    4.91

Rental Cancellation Types

When you list your rental on Airbnb, you can choose from 3 different cancellation policies for your guests: Flexible, Moderate, or Strict. Each policy has different rules and implications for you and your guests, so choosing the one that makes the most sense for your property and the rental situation is important. Guests prefer to book rentals with more lenient cancellation policies, so you can choose the appropriate policy by reviewing your market and risk tolerance.

Short-Term Listings per Host

There are plenty of short-term rental hosts with multiple listings. A host may list different rooms in the same apartment or multiple apartments or homes listed in their entirety. Hosts with multiple listings are more likely to be running a business or using a property management company and are unlikely to live in the property themselves. Roughly 28% of listings in Homer are owned by hosts with 5 or more properties. This is lower than in other cities and means fewer large businesses are running short-term rentals in the city.