Chicago, IL · 4 bedroom

4-bedroom Airbnb revenue in Chicago

A 4-bedroom short-term rental in Chicago models at $68,100 of gross annual revenue — $287 a night at 65% occupancy, or about $46,308 after modelled operating costs.

Modelled estimate

Gross annual revenue

$68,100

Nightly rate

$287

Occupancy

65%

Revenue per bedroom

$17,025

How size changes the numbers here

SizeNightly rateOccupancyAnnual revenue
2 bedroom$19266%$46,400
3 bedroom$22867%$55,800
4 bedroom (this page)$28765%$68,100

Bedroom bands are modelled from the Chicago market average using size multipliers (a 2-bedroom prices at 84% of a 3-bedroom, a 4-bedroom at 126%), with a small occupancy penalty on larger homes. Operating costs are modelled at 32% of gross revenue for a nightly rental (cleaning, supplies, utilities, platform fees, maintenance, insurance) and 14% for a monthly rental. Financing assumes a 25% down payment and a 30-year loan at 7%. These are planning assumptions, not quotes — replace them with your own numbers.

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