Side-by-side comparison

Austin vs New York City: which is better for Airbnb investment?

We compare the United States short-term rental markets across occupancy, daily rate, RevPAR, year-over-year trend, and regulation.

Bottom line

New York City edges ahead of Austin on higher occupancy (32.9% vs 23%), stronger RevPAR (£55 vs £43).

Head-to-head metrics

 AustinNew York City
Median occupancy23%32.9%
Median daily rate£181£152
Median RevPAR£43£55
Active listings8,06110,670
YoY occupancy-1.7 pts-9.3 pts
YoY daily rate+81.7%+31.5%
Regulation risk——
Annual night capNoneNone
License requiredNoNo

Full analysis: Austin vs New York City

On the money side of this comparison — what a listing actually earns against the nights it has available — New York City finishes clearly ahead of Austin. Revenue per available night — rate and occupancy combined, the figure that actually reaches an owner — is 28.2% higher in New York City: £55 against £43. New York City's listings run at 32.9% occupancy against 23% in Austin, worth 9.9 extra points of booked calendar every year. Those gaps are wide enough to survive a normal year's variance.

The two markets reach their revenue by different routes, which is what makes this pairing worth reading rather than just tabulating. Austin is the rate market: £181 a night against £152, some 19.3% more, but it converts fewer of those nights at 23% occupancy. New York City is the volume market, filling 32.9% of its calendar at a lower headline price. Revenue per available night settles it: £55 in New York City against £43. Rate is what you advertise; RevPAR is what you bank.

That verdict needs a caveat, because Austin is not simply the weaker market of the two. Nightly rates favour Austin: £181 against £152 in New York City, a 19.3% premium. Nightly rates are also climbing faster in Austin, +81.7% over the last year against +31.5% in New York City. If your model leans on nightly rate rather than volume, the ordering above can reasonably flip.

Neither Austin nor New York City currently has a verified short-term rental regulation record in our register, so the comparison above is a yield comparison only. Regulation is the single largest source of downside in this asset class — an unverified market is an unpriced risk, not an absent one.

The two calendars also behave differently. Austin peaks in October at 50.1% and bottoms in February at 28.5%; New York City runs from 63.7% in September down to 38.9% in February. Austin is the steadier of the two at 21.6 points peak-to-trough against 24.8 — easier to underwrite against a mortgage — while New York City concentrates its return into a shorter window and rewards operators who price the peak aggressively instead of holding a flat rate all year.

Who each suits, then. Austin suits buyers who want a conventional, lightly regulated entry and who can hold rate through the shoulder season rather than discounting to fill the calendar. New York City answers to the same regulatory profile, so the split between them is operational rather than legal: it is the market for an owner whose economics survive high turnover — more bookings, more cleans, more guest contact per pound of revenue. It is the contrarian side: buying it means buying a market that has cooled. Every figure above comes from the same Inside Airbnb snapshot pipeline on both sides, dated 2026-09, filtered to listings with at least one booking in the last twelve months. Occupancy medians are drawn from 8,061 active Austin listings and 10,670 in New York City.

Frequently asked questions

Is Austin or New York City better for Airbnb investment?
New York City, on the data we track. It leads on stronger RevPAR (£55 vs £43), higher occupancy (32.9% vs 23%), and higher median annual revenue (£20,145 vs £15,720). Austin is not the weak side of this pair, though — it wins on a higher nightly rate (£181 vs £152).
Which has higher occupancy, Austin or New York City?
New York City, at 32.9% median occupancy against 23% in Austin — a gap of 9.9 points. That is a real but modest edge; a well-run listing in Austin can close most of it. Over the last twelve months Austin shed 1.7 points and New York City shed 9.3 points, so the gap is closing.
Which has higher nightly rates, Austin or New York City?
Austin, at £181 a night against £152 in New York City — roughly 19.3% more. The nightly rate is not the whole story, though. On revenue per available night — rate multiplied by how often the room actually sells — New York City comes out ahead at £55 against £43, so New York City's cheaper nights are more than repaid by how often they fill.
Which has stronger year-over-year growth, Austin or New York City?
Neither is growing on occupancy — both cooled over the last year. Austin gave up 1.7 points and New York City 9.3, so Austin is the shallower decline rather than the winner. Nightly rates rose 81.7% in Austin and rose 31.5% in New York City over the same window.
Which is the bigger Airbnb market, Austin or New York City?
New York City, with 10,670 active listings against 8,061 in Austin. Size cuts both ways: a deep market gives you comparables, contractors and an exit, while a thinner one means fewer near-identical rivals competing for the same search results.
How much can you earn from an Airbnb in Austin vs New York City?
New York City earns more: roughly £20,145 a year for a median listing against £15,720 in Austin. Those are gross booking revenues before cleaning, management, platform fees, furnishing amortisation and tax — budget for a meaningful share of them, and note that a median listing is a median operator, not a good one.

Go deeper on each city

Market guide
Airbnb in Austin →
Occupancy, ADR, neighborhoods, regulation
Market guide
Airbnb in New York City →
Occupancy, ADR, neighborhoods, regulation
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