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

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Published Date: May 28, 2024

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

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  • Pacaso$575,0001/8 ownershipOwn now4 bds5 ba114 Residencia Punta Ballena, Cabo San Lucas, BS 23410 Mexico

    View all

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

  • Pacaso$575,0001/8 ownershipOwn now4 bds5 ba114 Residencia Punta Ballena, Cabo San Lucas, BS 23410 Mexico
  • Pacaso$199,0001/8 ownershipOwn now5 bds5 ba470 East Avenida Olancha, Palm Springs, CA 92264 5% Financing
  • Pacaso$1,450,0001/8 ownership1 share left6 bds4 ba1250 Partrick Rd, Napa, CA 94558 5% Financing
  • Pacaso$685,0001/8 ownershipOwn now5 bds4.5 ba120 N Gordon Rd, Fort Lauderdale, FL 33301 5% Financing
  • Pacaso$867,0001/8 ownershipOwn now4 bds4 ba5288 Alton Rd, Miami Beach, FL 33140 5% Financing
  • Pacaso$525,0001/8 ownershipOwn now4 bds5 ba1723 Grouse Ridge Rd, Truckee, CA 96161 0% Financing
  • Pacaso$435,0001/8 ownershipOwn now4 bds3 ba495 Lakeridge Ct, Tahoma, CA 96142 5% Financing
  • Pacaso$729,0001/8 ownershipOwn now5 bds6 ba7770 Lahontan Dr, Truckee, CA 96161 5% Financing
  • Pacaso$575,0001/8 ownershipOwn now4 bds5 ba114 Residencia Punta Ballena, Cabo San Lucas, BS 23410 Mexico

    View all

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.
The Best Time to Book an Airbnb | Pacaso (20)

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

FAQs

Is there a cheaper time to book Airbnb? ›

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.

How to get an Airbnb last minute? ›

Instant Book listings allow you to book immediately without needing to send a request to the Host for approval, provided you've completed your account setup. There's no additional fee, and it's especially convenient for last-minute trips. Simply filter your search to show only Instant Book listings and book away!

How far out are most Airbnbs booked? ›

And Airbnbs? They fall somewhere in between. Our analysis shows that the just-right zone is around four weeks before departure. Yet it will be further in advance during peak travel seasons and may even reverse during low seasons when hosts are desperate for occupancy.

Do people book last minute on Airbnb? ›

Today's travelers are flexible; your booking calendar could be too. Last-minute stays tend to be 1 to 3 nights, versus the traditional 1-week long vacations.

How do I reduce my Airbnb price? ›

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.

Is there a way to get Airbnb cheaper? ›

You can negotiate the rate for your next Airbnb stay. There are several reasons that you can give for requesting a cheaper rate, from a last-minute booking to an extended stay. Depending on the situation, a host may be happy to discount the price to avoid having a property sit empty.

Do Airbnbs get more expensive closer to the date? ›

So, is booking an Airbnb last minute cheaper? We recommend a middle path: Booking neither many months in advance nor a few days before check-in, but somewhere in between. This offers the lowest typical rates, according to our data. Keep in mind that this rule of thumb won't apply in every situation.

Can you reserve an Airbnb without paying? ›

Your payment method will be charged as soon as your reservation is confirmed (excluding security deposits). This applies for Instant Book, too. No matter how far in advance you book, the Host doesn't receive payment until 24 hours after your scheduled check-in.

Do you get last minute deals on Airbnb? ›

You can discount by the week, month, or a custom time frame that you create. Early-bird discounts: Add a discount for booking further in advance. Last-minute discounts: Reduce your nightly price as the check-in date gets closer.

What time do most people book Airbnb? ›

Most people book their Airbnb accommodations in the late afternoon and evening, typically between 5pm and 10pm.

What is the most popular Airbnb of all time? ›

The Mushroom Dome is the most booked and most wish-listed property on Airbnb's platform, besting 5.6m other listings, including a house shaped like an elephant, a cave in France, and a 12th-century Scottish castle.

How do I make sure my Airbnb is always booked? ›

10 Airbnb Hosting Tips That Will Keep Your Property Booked
  1. #1 Encourage Reviews from Past Guests and Engage. ...
  2. #2 Take Premium Photos. ...
  3. #3 Keep Your Calendar Up to Date. ...
  4. #4 Price Your Property Correctly. ...
  5. #5 Be an Active AirBnb Host. ...
  6. #6 Make Yourself Available During the Stay. ...
  7. #7 Do Something Above and Beyond.

What is the longest someone can stay on Airbnb? ›

  • The longest amount of time you can stay at an Airbnb depends on the host's preferences.
  • Generally, most hosts will allow stays up to 28 days or longer if they are comfortable with it.
  • However, some hosts may have restrictions in place that limit the length of a stay to less than 28 days.
Jan 7, 2019

Do people cancel Airbnb last-minute? ›

While it's rare, sometimes a Host may need to cancel a reservation. We understand this can impact your plans in a big way. Rest assured, if your Host cancels your reservation before check-in, you'll receive a full refund.

Is it good to have Instant Book on Airbnb? ›

Airbnb rewards properties that use Instant Book. Since the booking is automated, your response time will be almost immediate. Airbnb prioritizes listings in their SEO that have a high response rate. A higher SEO means more guests viewing your property on Airbnb.

Does Airbnb lower prices closer to date? ›

Last-minute discounts: Reduce your nightly price as the check-in date gets closer. Early-bird discounts: Add a discount for booking further in advance.

Do Airbnb prices change day to day? ›

Prices will fluctuate based on the availability and demand for certain areas and types of accommodation, so you may find prices varying drastically from one day to the next. Airbnb will also raise and lower prices to maximize profit.

How to get cheaper stays on Airbnb? ›

How 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. ...
  8. Find the Same Accommodation Cheaper Elsewhere.
Sep 8, 2023

Are Airbnb prices negotiable? ›

Despite the listed price, there is often room for negotiation, leading to a win-win situation for both hosts and guests. This article will delve into strategies that enable hosts to negotiate Airbnb prices effectively, even when it might initially seem counterintuitive.

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