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How to Perform Airbnb Research Using Airbnb Research Tools

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Smart hosts and real estate investors know that successful short-term rentals are built on insight. Before buying a property, adjusting your prices, or even choosing which neighborhood to invest in, you need reliable data to back your decisions. That’s where an Airbnb research tool comes in. These tools transform raw Airbnb data into actionable insights, enabling you to understand demand trends, occupancy rates, nightly pricing, and competition in any market worldwide.

By using professional Airbnb market research tools, you can analyze how listings in your area perform, spot seasonal patterns, and identify the revenue potential of any property before you list it. 

Whether you’re running one property or a growing portfolio, research-driven hosts use data to make smarter choices—like where to expand, when to adjust pricing, and how to position their listings for higher visibility. 

In this guide, we’ll show you how to perform practical Airbnb rental market analysis using PriceLabs’ built-in research tools—Market Dashboards, Neighborhood Data, and Comp Sets—to make confident, data-backed decisions every time.

Why Airbnb Market Research Matters

Airbnb market research is the backbone of every profitable short-term rental business. It helps you make data-driven decisions instead of relying on guesswork or intuition. With an Airbnb market research tool, you can identify how different markets perform, what guests are paying, and how to price your property competitively.

Whether you’re a first-time host or a real estate investor analyzing potential STR markets, Airbnb rental market analysis helps you:

For investors, Airbnb market research is often the difference between buying a high-performing asset and an underperforming one.

airbnb market research tool
What does an Airbnb market research tool help you achieve

Ultimately, effective Airbnb market research gives you control. It enables you to spot opportunities early, adapt to changes quickly, and price your property with confidence. When combined with dynamic pricing tools like PriceLabs, your research doesn’t just inform strategy—it actively drives better revenue performance.

What Is an Airbnb Research Tool and What Does It Do?

An Airbnb research tool is designed to help hosts and investors understand how the short-term rental market behaves in real time. Instead of relying on outdated reports or guesswork, you can use Airbnb research tools to access live market data—everything from pricing and occupancy to demand patterns and property performance.

These platforms collect and analyze publicly available Airbnb data to create a clear picture of what’s happening in your chosen market. Whether you’re planning to buy a new property or optimize your current one, an Airbnb market research tool shows you exactly where you stand compared to competitors.

By combining Airbnb market research with dynamic pricing, PriceLabs bridges the gap between research and revenue—helping you not only understand the market but act on it immediately.

Step-by-Step: How to Research an Airbnb Market with PriceLabs

When it comes to short-term rental research, PriceLabs gives hosts and investors an edge through three powerful features — Market Dashboards, Neighborhood Data, and Comp Sets. Together, they form a complete Airbnb research toolkit that helps you move from data discovery to pricing action in minutes.

Here’s how to perform your Airbnb market research step-by-step:

Step 1: Start with Market Dashboards — Identify Promising Markets

If you’re exploring a new city or evaluating where to invest next, Market Dashboards is the best place to start. This feature aggregates live Airbnb data to give you a snapshot of overall market performance.

Ready-to-View Market Dashboard

With Market Dashboards, you can:

Example: You might discover that 2-bedroom listings in Lisbon have higher occupancy but slightly lower ADR than similar homes in Barcelona. That insight could shape where to invest next or what kind of property to target.

Stay Ahead of the Market and Find the Right Amenities that Your Potential Guests Want Using PriceLabs Market Dashboard.

Use PriceLabs Market Dashboard and Neighborhood Data to track competitor pricing and demand shifts and analyze past performance to set a strong pricing strategy for your property.

Create your Market Dashboard Now

By using Market Dashboards as your Airbnb market research tool, you can perform high-level Airbnb rental market analysis without juggling multiple sources — all from one interactive view.

Step 2: Deep Dive into Neighborhood Data — Understand Local Demand and Seasonality

Once you’ve identified a promising city or market, zoom in further using Neighborhood Data. This tool lets you analyze short-term rental performance within a small, hyperlocal radius — often as tight as one kilometer.

Use Neighborhood data to understand your neighborhood better

With Neighborhood Data, you can:

For instance, a host in Sydney could discover through Neighborhood Data that coastal properties see higher average daily rates in December–February, while downtown studios perform better during business travel months. These details make your Airbnb rental market analysis not just data-driven, but profit-driven.

Step 3: Build a Comp Set — Benchmark Against Similar Listings

After understanding your local market dynamics, it’s time to measure your property’s performance against similar ones using Comp Sets.

A competitive set is a custom group of Airbnb listings that closely match your property in terms of size, amenities, location, and quality. With PriceLabs, you can handpick these listings and automatically track their performance.

Create a comp set of your competitors and analyze your performance against them

Use Comp Sets to:

If you’re wondering how to analyze an Airbnb property effectively, Comp Sets provide the clearest benchmark. You’ll instantly see whether your property is outperforming the market or needs strategic adjustments.

Step 4: Translate Insights into Action

Market research has real impact only when you act on it. PriceLabs makes that easy by connecting research insights directly to your dynamic pricing setup.

After analysing the market using the tool, dynamically price your property using PriceLabs

Here’s how to turn Airbnb market research into results:

Dynamically Price Your Property and Get FREE Custom Reports Tailored To Your Property!

Use PriceLabs Dynamic Pricing to competitively and dynamically price your property according to demand shifts and analyze past performance to set a strong pricing strategy for your property.

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How to Analyze an Airbnb Property Before Investing

A structured Airbnb rental market analysis uses both macro and micro data: market-level performance metrics and property-specific insights. Here’s how to combine both using PriceLabs:

1. Use Market Dashboards to Estimate Earning Potential

Start by pulling data for your target city or region using Market Dashboards. Look at:

For example, if Market Dashboards show that 2-bedroom properties in Austin average $180 ADR with 70% occupancy, you can calculate: Projected Monthly Revenue = $180 × 0.7 × 30 = ~$3,780

From here, compare these averages to your property’s expected costs — mortgage, management, cleaning, utilities — to calculate your expected ROI.

2. Validate the Location with Neighborhood Data

After shortlisting a property, zoom in using Neighborhood Data to confirm it’s in a high-performing micro-market.

This micro-level Airbnb market research ensures you don’t invest in an underperforming area of an otherwise strong city. It’s especially valuable for investors comparing neighborhoods with similar property prices but different guest demand.

3. Compare with Competitors Using Comp Sets

The next step is benchmarking. Use Comp Sets to find similar listings and evaluate their pricing, amenities, and occupancy rates.

Comp Sets effectively turn Airbnb analytics tools into a performance mirror — helping you see how your property stacks up and what tweaks could improve profitability.

4. Calculate ROI and Payback Period

Now connect your research to investment logic. Using the data gathered:

  1. Estimate Gross Annual Revenue: From Market Dashboards or Comp Set averages.
  2. Subtract Operating Expenses: Management, cleaning, utilities, insurance, taxes.
  3. Estimate Net Operating Income (NOI): NOI = Annual Revenue – Operating Expenses
  4. Calculate ROI: ROI = (NOI ÷ Property Cost) × 100
  5. Determine Payback Period: Payback = Property Cost ÷ Annual NOI

With this approach, you’re basing investment decisions on real, verifiable data from your Airbnb market research tool.

5. Reassess Regularly

Airbnb markets evolve constantly. Seasonality, regulations, and competition can all shift within months. Use PriceLabs to refresh your dashboards quarterly and monitor new supply, changing ADRs, and booking lead times. Continuous analysis helps you stay ahead of the curve — turning market shifts into opportunities rather than threats.

Performing this level of Airbnb rental market analysis before investing ensures you’re making informed decisions with clear expectations. With PriceLabs’ Market Dashboards, Neighborhood Data, and Comp Sets, you can go from raw market data to confident investment choices in minutes — saving time, reducing risk, and maximizing ROI.

Pro Tips and Common Mistakes in Airbnb Research

Using an Airbnb research tool like PriceLabs gives you powerful insights—but how you interpret and apply those insights determines your success. Here’s how to make your Airbnb rental market analysis more accurate and avoid common pitfalls along the way.

Pro Tips for Smarter Airbnb Market Research

Common Mistakes to Avoid

When you use your Airbnb research tools strategically—and avoid these traps—you move from reactive hosting to proactive, data-driven decision-making.

Conclusion – Research Smarter, Earn Smarter

Success depends on great data supported by a great property. With the right Airbnb research tool, you can identify high-performing markets, understand local demand, and benchmark your listings against real competitors.

PriceLabs’ suite of research features—Market Dashboards, Neighborhood Data, and Comp Sets—transforms Airbnb market research from a guessing game into a data-driven system. You’ll know exactly where to invest, how to price, and when to adjust, all backed by real-time Airbnb analytics.

Whether you’re evaluating your next investment or fine-tuning your existing listings, continuous Airbnb rental market analysis keeps you ahead of market changes and demand swings. The difference between good and great hosts isn’t luck—it’s insight.

Start your Airbnb research with PriceLabs today to uncover market opportunities before your competitors do—and turn every data point into higher occupancy, smarter pricing, and stronger returns.

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