Columbus vs Santa Cruz County: which is better for Airbnb investment?

Head-to-head metrics

Full analysis: Columbus vs Santa Cruz County

There is no clean winner between Columbus and Santa Cruz County. Columbus posts 32.9% occupancy and £46 RevPAR; Santa Cruz County posts 26.3% occupancy and £83 RevPAR. Weighted together with regulation risk the two finish inside the margin we are willing to call, which is the honest answer rather than an evasive one — a scoring gap this small would flip on the next data refresh. When markets are this close the decision stops being about the market and starts being about the deal: what you pay, what it costs to run, and how quickly you could exit.

The two markets reach their revenue by different routes, which is what makes this pairing worth reading rather than just tabulating. Santa Cruz County is the rate market: £345 a night against £138, some 149.7% more, but it converts fewer of those nights at 26.3% occupancy. Columbus is the volume market, filling 32.9% of its calendar at a lower headline price. Revenue per available night settles it: £83 in Santa Cruz County against £46. Rate is what you advertise; RevPAR is what you bank.

A tie does not mean the two are interchangeable — it means each holds something the other does not. Columbus is the deeper market at 2,357 active listings against 1,425, which usually means better comparables going in and a wider buyer pool coming out. Across a full year the median Santa Cruz County listing grosses £30,246 against £16,723 in Columbus. Pick the one whose advantage matches how you intend to operate, because the composite score will not do that job for you.

Neither Columbus nor Santa Cruz County 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. Columbus peaks in October at 51.5% and bottoms in February at 22.8%; Santa Cruz County runs from 51.1% in July down to 28.8% in March. Santa Cruz County is the steadier of the two at 22.3 points peak-to-trough against 28.7 — easier to underwrite against a mortgage — while Columbus 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. Columbus 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. Santa Cruz County 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 also the momentum side of this pair. 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 2,357 active Columbus listings and 1,425 in Santa Cruz County.

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