The Best Time to Book an Airbnb | Pacaso (2024)

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The Best Time to Book an Airbnb | Pacaso (1)

Jen Lyons

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Published Date:

August 1, 2024

The Best Time to Book an Airbnb | Pacaso (2)
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Getting the best prices on your vacation can be tricky, and there’s nothing worse than booking non-refundable travel only to discover that the price has since gone down. While this can be unfortunately common when booking air travel, it can also happen on Airbnb, since many listings use dynamic pricing.

Short-term rental alternative: Co-owned second homes

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  • PacasoOwn nowOr $42K for 12-month trial3 bds2.5 ba7069 9th Ave, Tahoma, CA 96142
  • PacasoOwn nowPrice dropOr $70K for 12-month trial4 bds3.5 ba105 Edgewood Dr, Tahoe City, CA 96145
  • PacasoOwn now5% financing7 bds8 ba56887 Dancing Rock Loop 15, Bend, OR 97707
  • PacasoOwn nowOr $64K for 12-month trial4 bds3.5 ba1069 Shadybrook Lane, Napa, CA 94558
  • PacasoOwn nowOr $71K for 12-month trial4 bds3.5 ba27643 W Shore Rd, Lake Arrowhead, CA 92352
  • PacasoOwn nowOr $60K for 12-month trial4 bds4 ba45655 Apache Rd, Indian Wells, CA 92210
  • PacasoOwn now4 bds5 ba114 Residencia Punta Ballena, Cabo San Lucas, BS 23410 Mexico
Read on to get all your questions answered about when to book your Airbnb for the best prices.

Is there a best time to book?

Finding the best price on an Airbnb is an art and a science. Many factors go into pricing (more on that below), but according to recent NerdWallet research, the sweet spot seems to be about four weeks in advance of your travel date. Using data from 10 cities, NerdWallet found that, when compared to booking far in advance (almost a year ahead of travel) and last minute (three days before travel), median prices were 10-15% less four weeks out.Here’s one exception: If you’re planning a longer-term rental, it’s better to book as early as possible for the best availability.

What factors affect Airbnb prices?

According to the same NerdWallet research, 84% of properties listed on Airbnb use dynamic pricing, where an algorithm automatically changes per-night pricing based on a variety of factors. Many things affect the price of a specific Airbnb property, including:
  • Seasonality: Visiting the beach in the summer or a ski area in the winter will undoubtedly cost you more than visiting in the destination’s off season.
  • Days of the week: You’ll typically pay more for a weekend stay than a weeknight stay, depending on the destination.
  • Overall demand: Like anything else, prices go up when availability is limited. If you’re looking for a vacation rental over a holiday weekend, during a concert or sporting event or in a location where rental options are limited, expect to pay more.
  • Location: Even within a single city, you’ll find that prices vary dramatically based on neighborhood amenities, the popularity of the neighborhood and proximity to area attractions.
  • Property features: Bigger properties with more bedrooms and better amenities can and will charge more.
  • Reviews: An Airbnb rental with many five-star reviews can charge a premium. Properties with not-so-great reviews — or those that have not been on the market long enough to garner many reviews — often charge a little less.

Do Airbnb prices get cheaper closer to my trip?

It is possible to score last-minute deals on Airbnb listings, as both dynamically priced and statically priced homes may drop prices a few days ahead of time to prevent a property from sitting empty. However, this tactic is best employed by flexible travelers. When you book last minute, you may find yourself with limited options and end up in a home or part of town that isn’t your first choice. If you’re okay with that, you might be able to save quite a bit.

What do I need to know about cancellation policies?

How early you’re comfortable booking often comes down to the cancellation policy, and on Airbnb, property owners have their choice of multiple options. As a traveler, be sure to review the cancellation policy for the property before booking to make sure it works for your travel plans.While there are many cancellation policy types at Airbnb, here are a few of the most common you’ll encounter. Be sure to read the full policy before booking, as there are some rules regarding partial payments:
  • Flexible: You can cancel up to 24 hours before check-in for a full refund.
  • Moderate: You can cancel until 5 days before check-in for a full refund.
  • Firm: You must cancel at least 30 days before check-in for a full refund
  • Strict: You must cancel within 48 hours of booking, and at least 14 days before check-in for a full refund

Tips for getting the best price

Ready to seek out the best possible price for the Airbnb you’re eyeing? Here are a few tips for getting the best price:
  • Consider staying at off-peak times, like low season or weeknights.
  • Use an online tool to track Airbnb pricing changes. AirDNA and PriceofTravel are popular options.
  • Attempt to negotiate with the host. This often works best for last-minute bookings.
  • Book longer stays. Many listings offer significant discounts for stays of a week or more.
  • Look for static-priced properties to find good deals during peak periods.
  • Choose a new listing. If a property doesn’t have many reviews yet, it’s probably new to the platform. The property owner may accept a lower price in hopes of you leaving a good review.
  • Keep an eye on fees. The fee structure at Airbnb is complicated and based on multiple factors, but fees can make a big difference in your overall cost.

Skip the stress of short-term rentals with a place of your own

Airbnb prices are always changing, which can make it hard to feel like you’ve gotten a good deal. If you want to avoid the headaches of booking short-term rentals and prefer a vacation home over a hotel, consider Pacaso. As the co-owner of a luxury second home, you’ll have a place to call home in your favorite destination, without the booking hassles. Scheduling stays among co-owners is easy and equitable, and Pacaso takes care of all the details, so you can just arrive and enjoy.

Luxury co-owned vacation homes

See all

  • PacasoOwn nowOr $42K for 12-month trial3 bds2.5 ba7069 9th Ave, Tahoma, CA 96142
  • PacasoOwn nowPrice dropOr $70K for 12-month trial4 bds3.5 ba105 Edgewood Dr, Tahoe City, CA 96145
  • PacasoOwn now5% financing7 bds8 ba56887 Dancing Rock Loop 15, Bend, OR 97707
  • PacasoOwn nowOr $64K for 12-month trial4 bds3.5 ba1069 Shadybrook Lane, Napa, CA 94558
  • PacasoOwn nowOr $71K for 12-month trial4 bds3.5 ba27643 W Shore Rd, Lake Arrowhead, CA 92352
  • PacasoOwn nowOr $60K for 12-month trial4 bds4 ba45655 Apache Rd, Indian Wells, CA 92210
  • PacasoOwn now4 bds5 ba114 Residencia Punta Ballena, Cabo San Lucas, BS 23410 Mexico
Interested in a Pacaso but aren’t ready for full ownership? Give us a try with our PacasoNow program. You can enjoy a second home for 12 months with one low upfront payment — often for less than the cost of a luxury vacation rental. After a year, either make a down payment and transition to long-term ownership or return the home to us, with no penalty for the price paid.
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The Best Time to Book an Airbnb | Pacaso (2024)

FAQs

What is the best time to book an Airbnb? ›

Neither last minute nor way out, booking about a month in advance is likely to get you the best deal.

Is it cheaper to book Airbnb on certain days? ›

Add dates to your search for accurate pricing

To find the most accurate price for your trip, add dates when searching for a place. Some Hosts have custom prices that override the default or minimum price for specific dates or time periods (including holidays, weekends, and weekly or monthly reservations).

When should I lower my Airbnb price? ›

You shouldn't need to consider reducing your prices until at least one month before the current date. As you get closer to the current date, gradually begin to reduce your prices every few days as the current date approaches.

Does Airbnb get cheaper the longer you stay? ›

On average, the nightly rate for a seven-night Airbnb stay turns out to be 32% cheaper than the nightly rate for a one-night stay. Stick around for a month to bring your nightly rate even lower — a 46% discount for committing to 30 days versus just one. Some cities offer even bigger discounts for long-term stays.

Can you negotiate Airbnb prices? ›

The short answer is yes, you can negotiate your Airbnb stay. To do so, simply contact a host to ask for a discount or propose a lower price. Then the host has an opportunity to provide a special offer that's only available to your account.

How do I maximize my Airbnb booking? ›

To keep your property fully booked, you must build a sustainable framework to get repeat bookings.
  1. Avoid cancellations.
  2. Enable Instant Book.
  3. Offer top amenities.
  4. Get dynamic pricing.
  5. Boost your listing with SEO.
  6. Leave the cleaning to the professionals.
  7. Sell an experience, not just a place to stay.
  8. Communicate like a pro.

How to get cheaper Airbnb? ›

Here are some of the best ways to get an Airbnb discount:
  1. Get a Weekly or Monthly Discount. ...
  2. Book an Extra Night (or Two) ...
  3. Find New Listing Discounts. ...
  4. Early Bird Airbnb Discounts. ...
  5. Find Last-Minute Airbnb Discounts. ...
  6. Ask the Airbnb Host for a Discount. ...
  7. Be Flexible and use the Plus/Minus Feature.
Jul 8, 2024

Do prices on Airbnb change? ›

Prices on Airbnb can certainly change, as these are set by the property host, owner, or manager. If the listing is managed by a pricing software, then prices will likely change more often than if the listing is managed independently by an individual.

Is instant booking on Airbnb worth it? ›

Places with Instant Book allow you to book immediately without needing to send a request to the Host for approval, provided you've completed your account setup and that the reservation is less than 31 nights. There's no additional fee, and it's especially convenient for last-minute trips.

How do you reduce the price of Airbnb? ›

Guests are allowed to contact the Airbnb host about the nightly rate. They can, for example, ask for a lower nightly rate or a percentage off the total cost of the booking. While there's nothing against negotiating, be cautious of guests asking for a discount on top of a special offer.

What is the best pricing strategy for Airbnb? ›

7 Airbnb pricing strategies to test today
  • Seasonal, weekday, and weekend adjustments. As Jordan explains, “Seasonality is a good place to start to make more revenue. ...
  • Event-based pricing. ...
  • Far future premium. ...
  • Gap day discounting. ...
  • Long-term stay incentives. ...
  • Channel-based pricing and direct booking discounts.
Jul 28, 2024

How do I show the discount price on Airbnb? ›

Set discount pricing on mobile browser
  1. Tap Calendar and select the listing calendar you want to change.
  2. Tap Pricing, then tap Discounts.
  3. Choose Weekly, Monthly, or Trip length discounts.
  4. Enter your discount percentage and tap Save.

How to get a 20% discount on Airbnb? ›

New listing promotion: When you have a new listing, you can offer a 20% discount on your first 3 bookings. Custom promotion: If your listing has at least 3 bookings, you can offer a custom promotion—just choose your dates and your discount.

How do I save more on Airbnb? ›

How to Save 20% on Your Next Airbnb or VRBO Rental
  1. Find a house you love on Airbnb. ...
  2. Scroll down in search results. ...
  3. Google to find the host's direct booking website. ...
  4. NEVER instant book, always message first. ...
  5. Maximize Sunday – Thursday nights. ...
  6. Loyalty Programs and Discounts. ...
  7. Off-Season Travel Benefits. ...
  8. Group Travel Savings.

Are Airbnbs cheaper by the month? ›

Booking long-term Airbnbs is so common that it has its own search filter, allowing you to look for stays a month at a time. Perhaps the biggest pro of booking a monthly Airbnb rental is the amount of money you'll save.

What are peak months for Airbnb? ›

Airbnb high season, also known as peak season, is the time when demand for vacation rentals is at its highest. High season is when most travelers go on holiday and usually lasts about 3 months or 12 weeks. Generally, high season is the summer or winter months, depending on the type of destination.

What is the best checkout time for Airbnb? ›

(Many guests ask for a 12PM checkout.) If you can have an 11AM or later checkout, go for it! Your guests will be happy and we always want happy guests, especially at checkout time, which is their last experience at your Airbnb before leaving a review.

What time are most Airbnb check ins? ›

If check-in or checkout times aren't specified in the listing description, then the default check-in time is 3:00 PM and checkout is 11:00 AM (local time), unless otherwise noted by the Host.

Can you get discounts on Airbnb? ›

Ask the Airbnb Host for a Discount

If you don't ask, you don't get. Before booking your Airbnb, you can contact the host and simply ask for a discount. Hosts are able to offer a special rate to guests, so it is possible they can offer you a discounted rate.

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