Uncovering Alaska's Top Markets for Airbnb Investors

Awning's Top Airbnb Market tool makes discovering the finest Airbnb markets throughout the United States effortless. Updated monthly, this comprehensive tool provides rankings and direct links to each market's Airbnb data, empowering you to make well-informed decisions.

Discover top markets in Alaska for Airbnb investment, each offering unique opportunities:

1. North Pole, AK - Best for Winter Vacation Rentals
2. Talkeetna, AK - Best for Unique Lodging Options
3. Fairbanks, AK - Best for Northern Lights Tourism
4. Seward, AK - Best for Proximity to National Parks
5. Kodiak, AK - Best for Fishing Tourism
6. Kenai, AK - Best for Outdoor Activities
7. Girdwood, AK - Best for Skiing Destinations
8. Ketchikan, AK - Best for Cruise Ship Destinations
9. Anchorage, AK - Best for City Tourism
10. Palmer, AK - Best for Outdoor Recreation

1. North Pole, AK

North Pole, AK is a top market for Airbnb investors due to its popularity as a winter vacation destination and its proximity to Fairbanks, which attracts year-round tourism. The city is known for its Christmas-themed attractions, including the Santa Claus House and the North Pole Ice Museum, which draw visitors from all over the world.

Additionally, North Pole is located just 15 miles from Fairbanks, which is home to the University of Alaska and a thriving arts and culture scene.
Investing in short-term rentals in North Pole, AK can be a lucrative opportunity for investors. The average daily rate (ADR) for Airbnb rentals in the city is $126, with an occupancy rate of 75.6%. This translates to an annual revenue of $24,000 per rental. While the market size in North Pole is small, with only 39 Airbnb listings, the average price of an Airbnb property in the city is $299,000. This means that investors can expect a return on investment (ROI) of 8%, making North Pole a promising market for those looking to invest in short-term rentals.

Investors who are interested in North Pole, AK should be prepared to cater to winter vacationers and tourists visiting Fairbanks. Properties that are close to popular attractions, such as the Santa Claus House and the North Pole Ice Museum, are likely to be in high demand. Additionally, investors should be prepared to offer amenities that are popular with winter vacationers, such as hot tubs and fireplaces. Overall, North Pole is a great market for investors who are looking for a unique opportunity to capitalize on the growing demand for short-term rentals in Alaska.

2. Talkeetna, AK

Talkeetna, AK is not only a popular tourist destination, but it also offers a great opportunity for Airbnb investors. With a return on investment (ROI) of 7%, investors can expect to see a significant return on their investment. The average daily rate (ADR) for Airbnb rentals in Talkeetna is $159, and the occupancy rate is 61.8%, which means that investors can expect to have their properties rented out for a significant portion of the year. In fact, the average revenue for Airbnb rentals in Talkeetna is $23,000, making it a lucrative market for investors.

Investors who are looking for a market with a medium-sized market size and a high demand for unique lodging options would do well in Talkeetna. The town attracts a large number of tourists who are looking for outdoor activities such as hiking, fishing, and flightseeing. This means that investors who offer unique and memorable lodging options, such as cabins or treehouses, are likely to see a high demand for their properties. Additionally, investors who are willing to put in the effort to market their properties and provide excellent customer service are likely to see a high return on their investment in Talkeetna.

Overall, Talkeetna, AK is a top market for Airbnb investors who are looking for a lucrative opportunity in a unique and popular tourist destination. With a high demand for unique lodging options and a significant return on investment, investors who are willing to put in the effort to market their properties and provide excellent customer service are likely to see a high return on their investment in Talkeetna.

3. Fairbanks, AK

Fairbanks, AK is a market that offers a great opportunity for Airbnb investors. The city's popularity as a winter destination for Northern Lights viewing and summer tourism for outdoor activities such as hiking, fishing, and river rafting make it an attractive location for visitors. With a limited number of hotels in the area, Airbnb has become a popular lodging option for tourists. This has resulted in a high occupancy rate of 75.9% and an average daily rate of $126, which translates to a revenue of $20,000.

The financial details of investing in Airbnb in Fairbanks, AK are promising. The return on investment (ROI) is 7%, which is higher than the national average. The market size is medium, with 472 Airbnbs available for rent. The average price of an Airbnb in Fairbanks is $295,000, which is relatively affordable compared to other markets. With the high occupancy rate and average daily rate, investors can expect to generate a steady stream of income from their investment.

Investors who are interested in investing in Airbnb in Fairbanks, AK should be willing to cater to tourists who are looking for unique lodging experiences. They should also be prepared to manage their properties efficiently to ensure high occupancy rates and positive reviews. Additionally, investors should be aware of the seasonal nature of the market and plan accordingly. Overall, Fairbanks, AK is a great market for investors who are looking for a profitable Airbnb investment opportunity.

4. Seward, AK

Seward, AK is a hidden gem for Airbnb investors looking to capitalize on the growing tourism industry in Alaska. With its close proximity to Kenai Fjords National Park and its increasing popularity as a cruise ship destination, Seward has become a hot spot for travelers seeking adventure and natural beauty. This has led to a surge in demand for short-term rentals, making it an attractive market for investors.

Financially, Seward offers a promising opportunity for Airbnb investors. The average daily rate (ADR) for Airbnb rentals in Seward is $180, with an impressive occupancy rate of 83.9%. This translates to a return on investment (ROI) of 6%, with an estimated revenue of $25,000 per year. While the market size is medium, with 382 active Airbnb listings, the average price of an Airbnb property in Seward is $428,000, indicating a potentially lucrative investment opportunity.

Investors who are interested in Seward should have a long-term investment strategy, as the market is still growing and developing. Those who are willing to invest in property improvements and marketing efforts to attract more guests will likely see the greatest returns. Additionally, investors who prioritize providing exceptional guest experiences and building a strong reputation on the platform will be well-positioned to succeed in this market. Overall, Seward, AK is a promising location for Airbnb investors looking to capitalize on the growing tourism industry in Alaska.

5. Kodiak, AK

Kodiak, AK is a lucrative market for Airbnb investors, with a potential ROI of 6% and an average daily rate (ADR) of $173. The city's high occupancy rate of 63.4% and revenue of $23,000 make it an attractive option for those looking to invest in short-term rentals. With a medium-sized market of 149 Airbnbs and an average Airbnb price of $422,000, there is room for growth and opportunity for investors to capitalize on the limited supply of accommodations in the area.

Investors who are interested in Kodiak, AK should have a strong understanding of the tourism and fishing industries, as these are the primary drivers of demand for short-term rentals in the area. Additionally, investors should be prepared to navigate the unique challenges of operating in a remote location, such as limited access to supplies and resources. Those who are willing to put in the effort to establish a strong presence in the market and provide exceptional guest experiences have the potential to see significant returns on their investment in Kodiak, AK.

6. Kenai, AK

Kenai, AK is a top market for Airbnb investors due to its unique location and popularity among tourists. The city is situated on the Kenai River, which is known for its world-class fishing and outdoor activities. This draws in a large number of visitors each year, making it an attractive location for Airbnb investors. Additionally, Kenai is located near other popular destinations like Soldotna and Homer, which further increases its appeal.

Investors in Kenai, AK can expect a solid return on investment (ROI) of 5%, with an average daily rate (ADR) of $132 and an occupancy rate of 67%. This translates to a revenue of $16,000, making it a profitable market for Airbnb investors. The market size is medium, with 123 Airbnb listings and an average Airbnb price of $305,000. These financial details make Kenai, AK a promising market for investors looking to enter the Airbnb industry.

Investors who are interested in the outdoor tourism industry and have a passion for fishing and outdoor activities would do well in the Kenai, AK market. Additionally, investors who are looking for a profitable market with a solid ROI and a medium-sized market would find Kenai to be a great opportunity.

7. Girdwood, AK

Girdwood, AK is a highly attractive market for Airbnb investors due to its location near popular ski resorts and outdoor activities. The demand for vacation rentals in this area is high during peak seasons, making it an ideal location for investors looking to generate consistent rental income. With a small market size and only 99 Airbnbs currently available, there is plenty of room for growth and expansion in this market.

Investors in Girdwood, AK can expect a solid return on investment (ROI) of 5%, with an average daily rate (ADR) of $207 and an occupancy rate of 62.4%. This translates to a revenue of $29,000, making it a profitable market for investors. Additionally, the average Airbnb price in Girdwood is $554,000, making it less affordable than other Alaska markets.

Investors who would do well in this market are those who are interested in outdoor activities and the tourism industry. Girdwood, AK is a popular destination for skiing, hiking, and other outdoor activities, making it an ideal location for investors who are passionate about these activities. Additionally, investors who are interested in owning and managing vacation rentals will find success in this market due to the high demand for rental properties during peak seasons.

8. Ketchikan, AK

Ketchikan, AK is a hidden gem for Airbnb investors looking for a profitable short-term rental market. This city is a popular cruise ship destination, attracting a large number of tourists every year. However, the limited supply of accommodations in the area has led to high demand for short-term rentals, making it an attractive market for investors. With potential for high rental rates, Ketchikan offers a great opportunity for investors to earn a significant return on investment.

Financially, Ketchikan offers a promising opportunity for Airbnb investors. The average daily rate (ADR) for Airbnb rentals in the area is $135, with an occupancy rate of 74.1%. This translates to an annual revenue of $23,000 per rental property. While the market size is small, with only 40 Airbnb listings, the average price of an Airbnb property in Ketchikan is $460,000, indicating a high potential for return on investment. With a return on investment (ROI) of 5%, Ketchikan is a market that investors should consider.

Investors who are looking for a market with high potential for return on investment and are willing to invest in a small market should consider Ketchikan. This market is ideal for investors who are looking for a unique opportunity to invest in a popular tourist destination with limited supply of accommodations. Additionally, investors who are willing to invest in a market with a small number of listings and are willing to put in the effort to market their properties to potential renters will do well in Ketchikan. Overall, Ketchikan is a market that offers a great opportunity for Airbnb investors looking for a profitable short-term rental market.

9. Anchorage, AK

Anchorage, AK is a top market for Airbnb investors due to its high tourism rates and limited hotel options. With over 1,620 active Airbnb listings, investors have a large market to tap into. The average daily rate (ADR) for an Airbnb in Anchorage is $130, and the occupancy rate is 71%, resulting in an annual revenue of $18,000 per listing. This translates to a return on investment (ROI) of 5%, making Anchorage a profitable choice for investors.

Investors in Anchorage can take advantage of the city's large market size and high demand for short-term rentals. With limited hotel options, Airbnb has become a popular choice for visitors, providing investors with a steady stream of renters. The average price of an Airbnb in Anchorage is $390,000, making it an affordable investment option for those looking to enter the market.

Investors who are interested in a stable and profitable market with high tourism rates and limited hotel options would do well in Anchorage. The city's large market size and high occupancy rates provide investors with a reliable source of income.

10. Palmer, AK

Palmer, AK is a top market for Airbnb investors due to its high demand for short-term rentals. The city's location near popular tourist attractions and outdoor recreation activities make it an attractive destination for travelers. Additionally, the city's medium-sized market and relatively low number of Airbnbs provide investors with an opportunity to enter the market and generate significant revenue.

Investors in Palmer, AK can expect a return on investment (ROI) of 4%, with an average daily rate (ADR) of $143 and an occupancy rate of 69.6%. The city's revenue potential is also promising, with an average revenue of $17,000. The market size is medium, with 188 Airbnbs currently operating in the city. The average Airbnb price in Palmer, AK is $384,000, making it an affordable market for investors looking to enter the short-term rental market.

Investors who are interested in outdoor recreation and tourism may find success in Palmer, AK. The city's reputation as a hub for outdoor activities and its proximity to popular tourist attractions make it an ideal location for investors who want to cater to these types of travelers.

Bottom Line

Investing in Airbnb properties in Alaska can be a lucrative venture when done right. Key markets like North Pole, Talkeetna, and Fairbanks offer unique opportunities due to their appeal to tourists and high occupancy rates. Understanding each market's ROI, ADR, and unique selling points will allow investors to make informed decisions and maximize their investment returns.