Angola, IN Airbnb Market Data, Statistics, and Occupancy Rates

Angola Short-Term Rental Market Overview

Angola, Indiana, is a compact lakeside market where short-term rentals earn an average of $43,603 per year against a $301 average daily rate — slightly above the state ADR average of $290. With only 27 active Airbnb listings and a dramatic summer revenue surge, the market rewards investors who can capitalize on seasonal lake-driven demand. The ROI score of 64 out of 100 reflects an attractive opportunity anchored by a reasonable revenue-to-price ratio and steady, if modest, year-round bookings.

Key Market Statistics

According to Rabbu market data, the Angola short-term rental market shows:

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.

Why Investors Consider Angola

Angola's lakefront appeal, manageable competition, and summer-driven demand create a niche opportunity for investors comfortable with seasonal cash-flow patterns.

Expert Market Assessment

"Angola presents a moderately attractive investment landscape driven almost entirely by summer lake tourism — July revenue of $8,472 is roughly seven times the January figure of $1,172, making this one of the more seasonal markets an investor might consider. The upside is meaningful peak-season income, but the trade-off is a 25% average occupancy rate that trails Indiana's 32% state average. With all four ROI calculation factors rated 'Average,' this market rewards operators who price aggressively in summer and manage costs tightly through the off-season. Investors who pair strong amenity packages — especially lake access and outdoor entertaining space — with a disciplined operational approach stand to benefit most."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Angola

Average revenue by month in Angola

Angola's revenue curve is sharply seasonal: July leads at $8,472 — more than seven times January's $1,172 — with June and August also delivering $6,000+ months. The winter trough from November through March sees revenues well below $3,000, meaning roughly 60–70% of annual income concentrates in the May–September window.

Active Airbnb listings by property size in Angola

The active supply is split almost evenly between 2-bedroom (7 listings) and 4-bedroom (6 listings) properties, with only these two sizes represented in the data. The absence of 1-bedroom, 3-bedroom, and 5+ bedroom listings could signal either low demand for those configurations or an untapped niche for investors willing to differentiate.

Average daily rate (ADR) by property size in Angola

ADR nearly doubles from 2-bedroom units ($184/night) to 4-bedroom properties ($352/night), reflecting the group and family travel demand typical of lake markets. The significant premium for larger homes suggests investors can command substantially higher nightly rates by offering more space, though acquisition costs will also be higher.

Average RevPAN by property size in Angola

Both 2-bedroom and 4-bedroom properties deliver identical RevPAN of $46, indicating that the higher ADR of 4-bedroom homes is fully offset by their lower occupancy. This parity means the size decision hinges more on acquisition cost, management preference, and target guest demographics than on per-night revenue efficiency.

Average occupancy rates by property size in Angola

Two-bedroom units achieve 25% occupancy — nearly double the 13% rate for 4-bedroom properties — suggesting smaller homes attract more frequent bookings throughout the year. The notably low occupancy for 4-bedroom listings means those properties depend heavily on peak-season rates to generate competitive annual returns.

Average monthly revenue by property size in Angola

Four-bedroom properties lead with $3,721 in average monthly revenue compared to $2,443 for 2-bedroom units, a 52% premium driven primarily by their higher nightly rate despite lower occupancy. For investors prioritizing raw revenue volume, larger properties deliver more total income, though the gap is narrower than the ADR difference might suggest.

Average annual revenue by property size in Angola

At $44,657 per year, 4-bedroom homes generate roughly 52% more annual revenue than 2-bedroom units ($29,323), making them the higher-earning configuration in Angola. However, investors should weigh this revenue advantage against the higher purchase price and operating costs associated with larger properties to determine which size truly maximizes return on investment.

Most common amenities for Airbnb listings in Angola

Kitchen and parking are universal (100%) across Angola's listings, while outdoor-focused amenities like outdoor furniture (89%), BBQ grills (82%), backyards (78%), and patios (78%) dominate — a clear signal that guests expect an outdoor lakeside experience. Lake access (56%) and waterfront positioning (48%) are present in roughly half of listings, suggesting these features can serve as meaningful differentiators for properties that have them.

Understanding Angola's ROI Score: 64/100

Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.

How the ROI Score is Calculated

What This Means for Investors

Angola's ROI score of 64 out of 100 places it in the 'Attractive Opportunity' band, reflecting a market where revenue relative to property values is reasonable and demand — while seasonal — is reliable. All four calculation factors (Revenue-to-Price Ratio, Occupancy Stability, Market Growth Trend, and Supply/Demand Balance) score at an 'Average' level, meaning no single factor is dragging the market down but there's also room for improvement. Investors should pair this score with on-the-ground research into local STR regulations and property-level financials to build a complete picture.

Short-Term Rental Regulations in Angola

Understanding local STR regulations is essential before investing in Angola. Here's the current regulatory landscape:

Permit Requirements

Operators planning to list a short-term rental in Angola, Indiana, should verify whether a local permit or business registration is required by contacting the City of Angola and Steuben County planning offices. Indiana does not impose a statewide STR licensing mandate, but municipal requirements can vary.

Key Restrictions

Common restrictions that may apply include occupancy limits based on bedroom count, minimum-stay requirements during certain seasons, noise and nuisance ordinances, parking provisions for guests, and any HOA or deed restrictions on the property. Investors should confirm applicable rules before purchasing.

Tax Obligations

Short-term rental hosts in Indiana are generally subject to the state's 7% sales tax and any applicable county innkeeper's tax, which platforms like Airbnb often collect and remit on behalf of hosts. It's wise to verify current local tax rates with the Steuben County Treasurer's office.

Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Angola can provide current regulatory guidance.

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Angola's STR market is likely to see continued growth in listing supply — active listings grew 122% year over year — which could temper per-listing occupancy if demand doesn't keep pace. Summer months should remain the primary revenue driver, with July revenues potentially reaching $8,000–$9,000 for well-positioned lakefront properties. ADR may edge up 2–4% as larger, amenity-rich homes enter the market, though occupancy could settle in the 22–28% range annually given the market's strong seasonality. Investors should plan conservatively for winter soft months while positioning for peak-season windfalls."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Angola, IN

What is the average Airbnb occupancy rate in Angola?

The average Airbnb occupancy rate in Angola is currently 25%, which falls below the Indiana state average of 32%. This lower rate reflects the market's strong seasonality — demand spikes in summer months and drops considerably during winter. Properties with lake access or waterfront positioning tend to outperform the market average during peak season.

How much do Airbnb hosts make in Angola?

On average, Airbnb hosts in Angola earn approximately $3,633 per month and $43,603 per year based on trailing 12-month booking data. Revenue varies significantly by season, with July averaging $8,472 and January averaging just $1,172. Larger 4-bedroom properties tend to earn more, averaging $44,657 annually compared to $29,323 for 2-bedroom units.

Is Angola a good market for Airbnb investment?

Angola scores 64 out of 100 on Rabbu's ROI Score, placing it in the 'Attractive Opportunity' category. The market benefits from lakeside tourism demand, an ADR above the state average, and a relatively small competitive set of 27 listings. However, the pronounced seasonality and below-average occupancy rate mean investors should model conservatively and plan for lean winter months. Properties with strong amenities like lake access, BBQ grills, and outdoor spaces tend to perform best.

What is the average daily rate (ADR) for Airbnb in Angola?

The average daily rate for Airbnb listings in Angola is $301, which is slightly above Indiana's statewide average of $290. ADR varies meaningfully by property size — 2-bedroom units average $184 per night, while 4-bedroom properties command $352. This premium for larger homes reflects the family and group travel that lake destinations typically attract.

Are short-term rentals legal in Angola?

Short-term rentals are generally permitted in Angola, Indiana, though operators should verify local permit requirements and zoning rules with the City of Angola and Steuben County. Indiana does not have a statewide ban on STRs, but municipal regulations, HOA restrictions, and local ordinances may apply. It's always recommended to consult local authorities before listing a property.

When is peak season for Airbnb in Angola?

Peak season in Angola runs from June through August, with July being the top-earning month at an average of $8,472 in revenue. June ($6,228) and August ($6,671) are also strong performers. The off-season stretches from November through March, when monthly revenues drop to the $1,172–$2,705 range. This pattern is consistent with a lake-driven vacation market.

How many Airbnbs are there in Angola?

As of April 2026, there are 27 active Airbnb listings in Angola. The market has seen significant growth recently, with a 122% year-over-year increase in active listings. The current inventory is concentrated in 2-bedroom (7 listings) and 4-bedroom (6 listings) configurations, suggesting there may be opportunities in other property sizes.

How is Airbnb revenue calculated in Angola?

The annual and monthly revenue figures for Angola are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market — they are not forward-looking projections. We average each comparable listing's actual revenue per available night (RevPAN) by month over the past year, drop regional outliers, and roll the remainder up to a market-level historical average. This approach anchors the figures to what hosts have actually earned recently rather than to forecasts, while still naturally reflecting seasonal peaks and slower months because each month uses its own historical performance. Individual results can vary based on property quality, pricing strategy, and operational management.

About Rabbu Market Data

Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.

What this data includes

• Regularly updated active Airbnb and STR listing counts for the Angola, Indiana market
• Average daily rate, occupancy, and RevPAN metrics across property sizes
• Monthly and annual revenue estimates based on trailing 12-month booking performance
• Popular amenity prevalence data across active listings
• Home value data sourced from the Zillow Home Value Index (ZHVI)

Sources and disclaimers

Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month averages and may not capture very recent market shifts. Local regulations and tax obligations can change; investors should verify current rules with municipal authorities before purchasing.