Here's why some Airbnb rentals are so expensive—and tips to save on your next trip

by Scott Graff

Sourced By: Tuscon.com

Now that summer's officially started, many people are looking forward to much-needed vacations. However, with travel costs on the rise, finding an affordable Airbnb has become both a puzzle and an art. To help you in your search for cost-saving summer rentals, MoneyGeek analyzed data for over 200,000 Airbnb listings across 19 U.S. vacation hotspots and explored how location, party size, amenities and room type impact costs.

Key findings

  • Among the 19 U.S. travel destinations analyzed, the median price of an Airbnb is $154 per night. Hawaii listings have the highest median nightly cost ($294), while Portland, Oregon, offers the most affordable accommodations ($100).
  • By choosing a private room, instead of a full home or apartment, you could cut your costs in half. A little extra privacy will cost you an additional $70 in a one-bedroom rental.
  • While higher-capacity rooms tend to be more expensive, larger groups may experience more savings overall. When pitching in to rent a unit with a group of four, expect to save around 17% per person compared to a group of two.
  • Access to fitness equipment or a pool will increase the cost of your stay by nearly 50%. In cities like New York, you could even pay double for rentals that offer these amenities.

How Airbnb prices vary across top tourist destinations

 

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