Side-by-side comparison

Bozeman vs Pacific Grove: 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

Pacific Grove edges ahead of Bozeman on stronger RevPAR (£97 vs £68).

Head-to-head metrics

 BozemanPacific Grove
Median occupancy31.2%30.7%
Median daily rate£222£332
Median RevPAR£68£97
Active listings455186
YoY occupancy+0 pts-2.2 pts
YoY daily rate+47.8%+38.5%
Regulation risk——
Annual night capNoneNone
License requiredNoNo

Full analysis: Bozeman vs Pacific Grove

On the money side of this comparison — what a listing actually earns against the nights it has available — Pacific Grove finishes narrowly ahead of Bozeman. Revenue per available night — rate and occupancy combined, the figure that actually reaches an owner — is 44.2% higher in Pacific Grove: £97 against £68. Pacific Grove commands 49.5% more per night, £332 against £222. The margin is thin enough that a single strong year in Bozeman would close it, so treat the ordering as a lean rather than a verdict.

On the mechanics of the yield the two are hard to separate. Bozeman runs 31.2% occupancy at £222 a night; Pacific Grove runs 30.7% at £332. That leaves RevPAR almost level too — £97 against £68 — so operating quality, not market selection, is what will decide your return between these two.

That verdict needs a caveat, because Bozeman is not simply the weaker market of the two. Bozeman is the deeper market at 455 active listings against 186, which usually means better comparables going in and a wider buyer pool coming out. Nightly rates are also climbing faster in Bozeman, +47.8% over the last year against +38.5% in Pacific Grove. If your model leans on that dimension, the ordering above can reasonably flip.

Neither Bozeman nor Pacific Grove 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. Bozeman peaks in September at 55% and bottoms in March at 30.2%; Pacific Grove runs from 61.8% in October down to 30.9% in May. Bozeman is the steadier of the two at 24.8 points peak-to-trough against 30.9 — easier to underwrite against a mortgage — while Pacific Grove 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. Bozeman suits buyers who want a conventional, lightly regulated entry and whose economics survive high turnover — more bookings, more cleans, more guest contact per pound of revenue. Pacific Grove answers to the same regulatory profile, so the split between them is operational rather than legal: it is the market for an owner who can hold rate through the shoulder season rather than discounting to fill the calendar. 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 455 active Bozeman listings and 186 in Pacific Grove.

Frequently asked questions

Is Bozeman or Pacific Grove better for Airbnb investment?
Pacific Grove, on the data we track. It leads on stronger RevPAR (£97 vs £68), a higher nightly rate (£332 vs £222), and higher median annual revenue (£35,550 vs £24,646). Bozeman is not the weak side of this pair, though — it wins on a deeper market (455 vs 186 active listings).
Which has higher occupancy, Bozeman or Pacific Grove?
Effectively neither — they are level. Bozeman sits at 31.2% and Pacific Grove at 30.7%, a 0.5-point difference that is inside the noise of a median drawn from a listings snapshot. Over the last twelve months Bozeman was flat and Pacific Grove shed 2.2 points, so the gap is widening.
Which has higher nightly rates, Bozeman or Pacific Grove?
Pacific Grove, at £332 a night against £222 in Bozeman — roughly 49.5% more. Revenue per available night agrees rather than contradicts: £97 in Pacific Grove against £68, so the rate premium survives contact with the occupancy figures.
Which has stronger year-over-year growth, Bozeman or Pacific Grove?
Bozeman, on occupancy: +0 points over the last twelve months against −2.2 points in Pacific Grove. Nightly rates rose 47.8% in Bozeman and rose 38.5% in Pacific Grove over the same window. One year of movement is a direction, not a trend — weigh it against the regulation picture before treating it as momentum.
Which is the bigger Airbnb market, Bozeman or Pacific Grove?
Bozeman, with 455 active listings against 186 in Pacific Grove. 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 Bozeman vs Pacific Grove?
Pacific Grove earns more: roughly £35,550 a year for a median listing against £24,646 in Bozeman. 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 Bozeman →
Occupancy, ADR, neighborhoods, regulation
Market guide
Airbnb in Pacific Grove →
Occupancy, ADR, neighborhoods, regulation
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