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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Cayucos presents a competitive opportunity: investor interest and demand are strong, but higher prices or tighter competition may require more selective deal sourcing.
Cayucos is a charming Central Coast beach town where short-term rental demand is fueled by coastal tourism and a laid-back California lifestyle. With an average annual revenue of $72,269 across 114 active listings, the market delivers meaningful income — though average home values near $2.06 million mean investors need to be strategic about deal sourcing. Occupancy stability rates above average for the region, and a pronounced summer peak offers strong seasonal cash flow, making this a market best suited for investors who can navigate higher entry costs in exchange for premium nightly rates.
According to Rabbu market data, the Cayucos short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 114 |
| Average Daily Rate (ADR) | vs. $551 state avg. | $377 |
| Average Occupancy Rate | vs. 43% state avg. | 36% |
| RevPAN | ADR * Occupancy Rate | $135 |
| Average Monthly Revenue | Historical 12-month average | $6,022 |
| Average Annual Revenue | Historical 12-month average | $72,269 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.
Cayucos attracts investors seeking premium nightly rates in a coastal California market where occupancy remains more stable than many competitors, though high home prices demand careful underwriting.
Key investment factors
"Cayucos presents a competitive opportunity for STR investors — strong enough to merit attention, but not a market where any property will perform well by default. Revenue peaks sharply in summer (July tops $9,349 on average) and dips significantly in winter, creating meaningful seasonality that investors should model into cash-flow projections. The 148% year-over-year growth in listings signals rising competition, and a below-average revenue-to-price ratio means returns hinge on finding properties priced well below the $2.06M average or commanding above-market nightly rates. Investors who can secure well-located, larger-format homes are best positioned to capture the strongest returns here."
— Rabbu Market Analysis Team
Revenue in Cayucos follows a sharp summer peak, with July ($9,349) and August ($8,562) delivering roughly 2–2.5x the income of the slowest months like January ($3,623) and February ($4,110). This pronounced seasonality means investors should budget for leaner winter cash flow while capitalizing on the lucrative June-through-September corridor.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$3,623 |
| February |
|
$4,110 |
| March |
|
$5,128 |
| April |
|
$5,668 |
| May |
|
$5,823 |
| June |
|
$7,041 |
| July |
|
$9,349 |
| August |
|
$8,562 |
| September |
|
$6,461 |
| October |
|
$5,848 |
| November |
|
$5,520 |
| December |
|
$5,129 |
Three-bedroom homes lead supply with 37 listings, followed by 2-bedrooms at 29 and 1-bedrooms at 23, while 4- and 5-bedroom properties are notably scarcer at 15 and 7 listings respectively. The limited supply of larger homes — combined with their significantly higher revenue potential — may signal an opportunity for investors willing to acquire 4- or 5-bedroom properties.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
23 |
| 2 bedrooms |
|
29 |
| 3 bedrooms |
|
37 |
| 4 bedrooms |
|
15 |
| 5 bedrooms |
|
7 |
ADR climbs steeply from $218 for 1-bedroom units to $562 for 4-bedrooms, though 5-bedroom properties see virtually no additional rate premium at $561. The strongest pricing jump occurs between 2 bedrooms ($333) and 3 bedrooms ($411), suggesting that moving into the 3+ bedroom tier meaningfully improves per-night revenue.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$218 |
| 2 bedrooms |
|
$333 |
| 3 bedrooms |
|
$411 |
| 4 bedrooms |
|
$562 |
| 5 bedrooms |
|
$561 |
RevPAN rises consistently with property size, from $84 for 1-bedroom units to $214 for 5-bedrooms, with 4-bedrooms close behind at $209. This indicates that larger properties not only charge more per night but also convert that pricing into proportionally stronger revenue after accounting for vacancy.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$84 |
| 2 bedrooms |
|
$93 |
| 3 bedrooms |
|
$161 |
| 4 bedrooms |
|
$209 |
| 5 bedrooms |
|
$214 |
Occupancy rates are relatively consistent across most property sizes — 1-bedroom, 3-bedroom, and 5-bedroom units all hover around 37–39% — but 2-bedroom listings trail notably at just 28%. This dip suggests that the 2-bedroom segment may face stiffer competition or weaker demand alignment relative to its supply share.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
39% |
| 2 bedrooms |
|
28% |
| 3 bedrooms |
|
39% |
| 4 bedrooms |
|
37% |
| 5 bedrooms |
|
38% |
Four-bedroom properties lead monthly earnings at $9,513, closely followed by 5-bedrooms at $9,420, while 1-bedroom units generate a more modest $2,813 per month. The revenue gap between smaller and larger properties is substantial — 4-bedroom homes earn more than three times what a 1-bedroom produces — underscoring the income advantage of larger configurations in this market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$2,813 |
| 2 bedrooms |
|
$4,551 |
| 3 bedrooms |
|
$6,798 |
| 4 bedrooms |
|
$9,513 |
| 5 bedrooms |
|
$9,420 |
Annual revenue ranges from $33,761 for 1-bedroom listings to $114,165 for 4-bedroom properties, with 5-bedrooms performing nearly identically at $113,041. Investors targeting the highest absolute revenue should focus on 3- to 5-bedroom homes, where annual earnings of $81,587 to $114,165 represent the strongest income potential in Cayucos.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$33,761 |
| 2 bedrooms |
|
$54,619 |
| 3 bedrooms |
|
$81,587 |
| 4 bedrooms |
|
$114,165 |
| 5 bedrooms |
|
$113,041 |
Parking (96%) and a full kitchen (95%) are near-universal expectations in Cayucos, while outdoor amenities like patios (83%), BBQ grills (68%), and outdoor furniture (54%) reflect the market's vacation-home character. Beach access appears in about a third of listings, suggesting that proximity-to-beach positioning can be a meaningful differentiator for listings that offer it.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
96% |
| Kitchen |
|
95% |
| Patio or Balcony |
|
83% |
| Washer |
|
76% |
| Dryer |
|
76% |
| BBQ Grill |
|
68% |
| Self Check-in |
|
61% |
| Outdoor Furniture |
|
54% |
| Backyard |
|
48% |
| Workspace |
|
43% |
| Pets |
|
37% |
| Beach Access |
|
33% |
| Waterfront |
|
10% |
| Beachfront |
|
8% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Cayucos Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Below average | 40% |
| Occupancy Stability | Above average | 30% |
| Market Growth Trend | Below average | 15% |
| Supply/Demand Balance | Below average | 15% |
Cayucos earns a 51 out of 100 on Rabbu's ROI Score, placing it in the Competitive Opportunity tier where demand is real but margins require careful deal selection. The market's above-average occupancy stability is a bright spot, though below-average marks on revenue-to-price ratio, market growth trend, and supply/demand balance reflect the challenge of high home values and rapidly growing competition. Investors should pair this data with thorough local regulatory research and target properties priced meaningfully below the $2.06M average to improve their return profile.
Understanding local STR regulations is essential before investing in Cayucos. Here's the current regulatory landscape:
Short-term rental operators in Cayucos, located in San Luis Obispo County, California, should expect to secure the appropriate permits or registrations required by the county before listing a property. Investors are encouraged to verify current requirements directly with San Luis Obispo County planning and permitting offices, as rules can change.
Common restrictions in California coastal STR markets include occupancy limits tied to bedroom count, minimum night stay requirements, noise ordinances, parking mandates, and potential caps on the number of active permits in a given area. HOA rules may add additional layers — particularly in beachfront or planned communities — so reviewing CC&Rs before purchasing is essential.
Short-term rental hosts in California are typically subject to transient occupancy taxes (TOT) collected at the county or local level, along with potential state sales and tourism assessments. Many booking platforms remit a portion of these taxes automatically, but hosts should confirm their full obligations with San Luis Obispo County's tax office.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Cayucos can provide current regulatory guidance.
Financing an Airbnb investment in Cayucos requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Cayucos is expected to maintain its summer-driven revenue cycle, with July and August likely continuing to generate $8,500–$9,400 in average monthly revenue. ADR may see modest pressure as listing counts have surged 148% year-over-year, potentially pushing occupancy slightly lower unless demand keeps pace. Investors should plan for winter softness — January averages just $3,623 — and budget accordingly, though above-average occupancy stability suggests that well-managed properties can sustain bookings through shoulder months with competitive pricing."
— Rabbu Market Analysis Team
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.
Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month averages and current snapshots, which may not capture very recent market shifts. Local regulations, permitting requirements, and tax obligations can change — always verify with local authorities before investing.
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