12 Secrets Saving Even More Money with Airbnb - Six Figures Under (2024)

Being something of afrugal fanatic, I enjoytaking what is already a frugal option and making it into something downright, knock-your-socks-off cheap.

Just last week I shared my favorite tipsfor making camping cheaper than it already is. While camping is definitely our go-to for family activities, I know it’s not everyone’s style.

If you’re the type that prefers a real bed to a sleeping bag, then this will be right up your alley! If your idea of a vacation is comfort and luxury (or a least walls and a roof), then you’ll appreciate these tips onhow you can save money on Airbnb accommodations.

What is Airbnb?

If you haven’t heard of Airbnb, then you may be living under a rock. That’s okay though. I’ll get you up to speed with the 60 million guests who have already enjoyed accommodations with Airbnb.

Airbnb is a “trusted community marketplace for people to list, discover, and book unique accommodations all around the world.” It isturning the hospitality industry upside down. The range of options for overnight accommodations at every price point has skyrocketed.

Instead of hotels and motels, you can rent much more comfortable, inviting, personal spaces that feel much more home-yand includehosts that bend over backward to make your stay memorable. You can find single bedrooms, full homes,condos, cabins, boats, RVs, and every variety of accommodation. If you can imagine it, you can find someone who has it available on Airbnb.

Since it’s beginning eight years ago, Airbnb has grown to over 34,000 cities in 191 countries. With more than 2 million individual listings, you have plenty of one-of-a-kindtravel opportunities to choose from.

Here are 12tricks to save money on Airbnb:

Now, let’s dowhat I do best: find outhow to do it all as inexpensively as possible! Of course, you can pick and choose the strategies that work best for you.

Get a discount

I’ll start with a tip thatisn’t super creative, but is so easy no one should skip it. If you’ve never used Airbnb, then Ihave a special coupon for you! You canget $40 offyour first stay.

Book early

Unlike a hotel that has hundreds of identical rooms, Airbnb listings are all unique. Since each listing isone-of-a-kind, once it’s rented for a given date, you’ve lost your chance until it’s open again. You’ll have the best selection if you book your trip early. Awesome places that have awesome prices will go first.

Book late

Just like getting in on a flight or a cruise at the last minute, some hosts will drop their prices as the dates get closer. This isn’t a good strategy if you have your heart set on staying in a certain place or if it’s a busy season. However, if you’re taking a spur-of-the-moment trip or you’re passing through on a road trip, you can get some great last-minute deals. When your potential trip date is near, just enter thedates and location into the search like you normally would and see what you find.

Have flexible trip dates

When I was planning our upcoming trip, I was pretty flexible on the dates. We’re only going a couple of hours from home, the kids are out of school, and my husband’s work is flexible. We had several time frames that would work for us. Depending on the day of the week and the time of the year, prices vary.

12 Secrets Saving Even More Money with Airbnb - Six Figures Under (2)

When you are in a particular listing, you can hover over the calendar and see the prices for different days (Friday and Saturday night are almost always more expensive. For most places around here, it was cheaper to book for May than June-August.

Use all the search features

Using the price slider on the Airbnb website, you can narrow down what you are willing to pay and only see the accommodations in that price range. You can also click “more filters” (right below the price slider) and choose the amenities that matter. For the largest selection, choose only the amenities that really matter to you. To narrow down your options, be more particular.

Look at all the costs

Airbnb hosts set all the prices themselves. In addition to the nightly charge, they can opt to have a cleaning fee and they can charge for extra guests over a minimum. Airbnb also adds a fee. Some places charge a refundable deposit.

12 Secrets Saving Even More Money with Airbnb - Six Figures Under (3)

All of these fees are upfront and obvious when you’re searching through listings. I look for places that have a low (or no) cleaning fee. The nice thing about the cleaning fee is that you only pay it once (so if you are staying for a week, it’s less of a hit than if you’re just staying one night). I also look for places that don’t charge extra per person.

When you have entered specific dates, you will be able to see exactly what you’ll be charged, so you don’t have to worry about hidden fees.

Bring your friends along

If several couples or families are going together, you can split the lodging costs. Finding a larger place with more beds is usually cheaper than the cost ofeach family finding their own accommodations. Plus, being under one roof is much more fun.

Last summer, my family (my parents, siblings, their spouses and kids) all got together and rented a huge cabin together. It was fun for the adults to stay up late to talk and play games after the little ones were asleep. We wouldn’t have been able to do that if we were staying in separate places.

Find somewhere with a kitchen

A kitchen will allow you to cook your own meals while you’re vacationing, especially if you have lots of mouths to feed (that would be us). Shop before you traveland bring the ingredients for your favorite meals with you. If you’re staying with other families, take turns cooking for the group.

Of course it can be fun to eat out in new places, but just preparing your own breakfast and lunch can save money and still let you eat well. Plus, you’ll have somewhere to store and warm-up your leftovers!

Find awesome amenities

How does having awesome amenities save money? You won’t have to go elsewhere for entertainment. The place we’ll be staying later this month has a pool. In fact, that was pretty much our main criteria in a place. We won’t have to pay for any other entertainment. The purpose of our trip is to spend time together as a family doing things everyone enjoys. The pool fits that bill and it won’t cost us anything extra.

As I was looking through the listings recently, I favorited some other locations that had some great amenities (tennis courts!) for future stays.

Don’t overdo it

If it’s just the two of you, you probably don’t need a big ol’ cabin to yourselves, you can go for something smaller. If you’ll be sightseeing or have an itinerary where you won’t be around much, don’t worry about getting a place with fancy amenities. If you just need a place to sleep, consider just getting a room in a home rather than paying for an entire home or condo. Sometimes the host will even provide meals.

Stay longer

In some cases, it may be cheaper to stay longer. Many listings have a discounted price if you stay for a week or a month. For example, if thelisting costs $100 per night, but if you stay for a week, the price goes down 25%, then you’d pay $600 for 6 days or $525 for 7 days.

Of course, you’d also be missing an extra day of work, so depending on your schedule that may not actually save you money. However, if you’re taking an extended trip or hopping around from place to place, looking for somewhere with a discount for extended stays would really be worth it.

Don’t be afraid to ask

One of the great things about such a personal marketplace is that you can connect directly with the hosts. In fact, I would encourage you to contact your prospective hosts. Message them to make sure that the amenities that are important to you are available or ask if they can offer others.

When I see the total number of guests who can be accommodated, I always take that to mean adults accommodated in beds. I always message to let them know that we have four young children (including a baby) and ask if it’s okay if they just sleep in sleeping bags (or in a pack-n-play) on the floor.

Truth be told, you can even haggle with a host, or work out arrangements to pay more or less depending on the added services you want (or don’t want).

If you are planning an upcoming trip, want to surprise your spouse with a special getaway, or just need a night away from home, take a peek at Airbnb and see what hidden treasures are around. Whether you’re going across the globe or staying close to home, I’ll bet you’ll be able to find awesome accommodations on Airbnb!

Be sure to grab your $40 off coupon (it doesn’t expire)so it’s ready for you when you decide to book in the future.

How about you?

  • Have you used Airbnb before? Where did you go?
  • What tips do you have for saving money on vacation rentals?
12 Secrets Saving Even More Money with Airbnb - Six Figures Under (2024)

FAQs

How to make the most money with Airbnb? ›

Growing your Airbnb Revenue, ADR, and Occupancy
  1. Offer an Airbnb Experience.
  2. Price right.
  3. Optimize your listing.
  4. Elevate your amenities.
  5. Ensure cleanliness.
  6. Host more people.
  7. Become a superhost.
  8. Automate property management.

Can you still make money with Airbnb? ›

The question on many aspiring hosts' minds is whether there is real earning potential in Airbnb hosting. The answer is a resounding yes, with numerous success stories of hosts who have substantially supplemented or even replaced their traditional income streams by listing their property on Airbnb.

How to increase Airbnb income? ›

8 Ways to Improve Your Airbnb Rental Income and Boost ROI
  1. Automate Property Management and Cleaning.
  2. Perfect Your Rental Rates and Incentivize Longer Stays.
  3. Utilize Market Insights.
  4. Check the Events Calendar.
  5. Focus on Amenities and Services.
  6. Play with Occupancy-Based Adjustments (OBA)
  7. Optimize Airbnb Summary and Description:
Mar 21, 2024

What adds the most value to an Airbnb? ›

TIP: Small low cost things like complimentary fresh fruits, local map, bicycle to go around can be added to improve the overall value.

What type of Airbnb is most profitable? ›

For Airbnb hosts looking to make a living on the hospitality platform, full apartment rentals are the way to go. Rates for full apartments are significantly higher than those for single rooms and income after expenses ranged from $15,000 to $31,000 in our analysis.

What is the 90 day rule on Airbnb? ›

Airbnb doesn't allow properties to be rented out for more than 90 nights per year. If your limit for bookings is reached, Airbnb will automatically close your property until the end of the calendar year. In addition to 90 consecutive days, the 90-day limit also applies to 90 days spread throughout the year.

How much can you realistically make with Airbnb? ›

Average Annual Host Revenue By Arrangement Type: 2021/2020
ARRANGEMENT TYPEAVERAGE ANNUAL HOST EARNINGS 2021AVERAGE ANNUAL HOST EARNINGS 2020
Entire Home$14,498$8,749
Hotel Room$8,452$4,885
Private Room$5,260$2,994
Shared Room$2,158$1,536

What are the most profitable Airbnb? ›

Miami and San Diego are the most profitable cities for Airbnb hosts. The combination of warm weather and (relatively) affordable housing make these two cities a better bet for full-apartment listings than popular but expensive destinations like New York and San Francisco.

How do I maximize my Airbnb algorithm? ›

7 Steps to Rank Higher in the Airbnb Search Results
  1. Complete Your Listing. ...
  2. Take High-Quality Photos. ...
  3. Optimize Your Listing's Title and Description. ...
  4. Turn On Instant Book. ...
  5. Use Dynamic Pricing. ...
  6. Add Popular Amenities. ...
  7. Get More 5-Star Reviews.
Jun 7, 2024

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