Greenwich, CT Airbnb Market Data, Statistics, and Occupancy Rates

Greenwich Short-Term Rental Market Overview

Greenwich, CT stands out as a premium short-term rental market where high average daily rates of $438 — well above the $373 Connecticut state average — pair with a compact supply of just 40 active Airbnb listings. However, with average home values near $4.7 million and an ROI score of 38 out of 100, the revenue-to-price ratio presents a real challenge for investors seeking strong cash-on-cash returns. The market rewards selective deal sourcing, particularly for hosts who can capture the affluent summer travel crowd that drives July revenues above $8,000 per listing.

Key Market Statistics

According to Rabbu market data, the Greenwich 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 Greenwich

Greenwich attracts investor attention for its affluent Fairfield County location, premium nightly rates, and proximity to New York City, though high property costs demand careful underwriting.

Expert Market Assessment

"Greenwich represents a competitive opportunity where high nightly rates and low listing density create attractive top-line numbers, but the $4.7 million average home value makes the revenue-to-price ratio one of the toughest hurdles for investors. Seasonality is sharp — July peaks at $8,013 in average monthly revenue while January and February dip below $2,400, creating a roughly 3.4x spread between the strongest and weakest months. For investors who can acquire below the market median or convert existing properties, the above-average occupancy stability and premium ADR offer a defensible income floor. Deal selection matters more here than in almost any other Connecticut market."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Greenwich

Average revenue by month in Greenwich

Greenwich shows strong seasonality, with July ($8,013) and August ($7,744) delivering roughly 3.4 times the revenue of the slowest months like January ($2,387) and February ($2,397). Shoulder months from May through October form a solid mid-tier band around $5,000–$5,200, suggesting meaningful earning potential beyond just the summer peak.

Active Airbnb listings by property size in Greenwich

One-bedroom listings dominate supply with 17 of the 40 active properties, followed by 10 three-bedrooms and 9 two-bedrooms. Given that three-bedrooms generate far higher revenue, the relatively limited supply of larger units may signal an opportunity for investors willing to list properties with more space.

Average daily rate (ADR) by property size in Greenwich

ADR jumps dramatically from $164 for one-bedroom listings to $437 for two-bedrooms and $463 for three-bedrooms, indicating that the premium for adding a second bedroom is far steeper than moving from two to three. Investors targeting two- or three-bedroom units can command rates that are nearly triple what studios and one-bedrooms achieve.

Average RevPAN by property size in Greenwich

Two-bedroom listings lead RevPAN at $181 per available night, edging out three-bedrooms at $156 and far outpacing one-bedrooms at just $45. This suggests two-bedrooms strike the best balance of rate and occupancy, though three-bedrooms still generate the highest total revenue due to their elevated ADR.

Average occupancy rates by property size in Greenwich

Two-bedroom units achieve the highest occupancy at 41%, followed by three-bedrooms at 34% and one-bedrooms at 28%. The notably lower fill rate for one-bedrooms — despite making up the largest share of supply — implies that demand in Greenwich skews toward guests needing more space, likely families or groups visiting from New York City.

Average monthly revenue by property size in Greenwich

Three-bedroom listings are the clear top earners at $6,509 per month, nearly triple the $2,145 that one-bedrooms bring in and well ahead of two-bedrooms at $2,465. The gap between two- and three-bedroom monthly revenue is substantial, driven by both higher rates and decent occupancy for larger properties.

Average annual revenue by property size in Greenwich

Three-bedroom properties generate $78,119 in annual revenue — more than three times the $25,741 earned by one-bedroom listings and over 2.6 times the $29,587 from two-bedrooms. For investors evaluating return potential, larger units clearly deliver the strongest gross income, though acquisition and operating costs must be weighed accordingly.

Most common amenities for Airbnb listings in Greenwich

Parking leads amenity prevalence at 95%, reflecting Greenwich's car-dependent suburban character, followed by kitchen (85%) and workspace (75%) — suggesting guests expect a home-like experience suited to both leisure and remote work. Outdoor features like patios (58%), backyards (58%), and BBQ grills (35%) are common, while niche amenities like beach access (15%) and EV chargers (13%) could serve as meaningful differentiators for new listings.

Understanding Greenwich's ROI Score: 38/100

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

Greenwich's ROI Score of 38 out of 100 falls into the 'Competitive Opportunity' band, signaling that while demand and rates are healthy, the market's high entry costs create a below-average revenue-to-price ratio — the most heavily weighted factor in the score. On the positive side, occupancy stability rates above average, meaning cash flow tends to be more predictable than in many comparable luxury markets. Investors should pair this data with thorough local regulatory research and focus on properties priced well below the $4.7 million market average to improve their return profile.

Short-Term Rental Regulations in Greenwich

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

Permit Requirements

Greenwich, Connecticut may require short-term rental hosts to register or obtain a permit before listing a property; investors should verify current requirements directly with the Town of Greenwich and the State of Connecticut, as local rules can change.

Key Restrictions

Common restrictions in markets like Greenwich can include occupancy limits, minimum stay requirements, noise and parking regulations, and HOA-level prohibitions that may apply in certain neighborhoods or condo associations. Investors should also check whether any cap on the number of STR permits has been enacted locally.

Tax Obligations

Short-term rental operators in Connecticut are generally subject to state lodging and sales taxes, and hosts should confirm whether any additional municipal occupancy taxes apply in Greenwich. Many booking platforms collect and remit state-level taxes automatically, but it's wise to verify compliance with all obligations.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Greenwich's STR market is likely to maintain its pronounced summer seasonality, with peak monthly revenues estimated in the $7,000–$8,000 range during July and August. Occupancy stability scores above average, which suggests consistent baseline demand even as listing supply grew significantly year-over-year (192%). Investors should anticipate ADR holding steady or rising modestly by 1–3% given the affluent guest profile, though the below-average market growth trend and expanding supply could temper occupancy gains. Operators who optimize pricing during shoulder months like May, September, and October — where revenues already approach $5,000–$5,200 — will be best positioned to maximize annual yield."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Greenwich, CT

What is the average Airbnb occupancy rate in Greenwich?

The average occupancy rate for Airbnb listings in Greenwich is currently 32%, which falls below the Connecticut state average of 37%. However, occupancy varies significantly by property size — two-bedroom units lead at 41%, while one-bedrooms sit at 28%. Seasonality plays a role as well, with summer months driving the strongest booking activity.

How much do Airbnb hosts make in Greenwich?

On average, Airbnb hosts in Greenwich earn approximately $4,783 per month, or about $57,406 annually, based on trailing 12-month booking data. Earnings vary widely by property size: three-bedroom listings generate roughly $6,509 per month ($78,119 annually), while one-bedrooms average $2,145 per month. Peak summer months like July can push individual listing revenues above $8,000.

Is Greenwich a good market for Airbnb investment?

Greenwich carries a Rabbu ROI Score of 38 out of 100, categorized as a 'Competitive Opportunity.' The market benefits from premium daily rates ($438 ADR), above-average occupancy stability, and limited supply of just 40 listings. The primary challenge is the high cost of entry — average home values sit near $4.7 million — which compresses the revenue-to-price ratio. Investors who can source properties below market or already own suitable real estate in the area are best positioned to benefit.

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

The average daily rate for Airbnb listings in Greenwich is $438, which is approximately 17% higher than the Connecticut state average of $373. ADR scales notably with size: one-bedroom listings average $164 per night, two-bedrooms reach $437, and three-bedrooms command $463 per night.

Are short-term rentals legal in Greenwich?

Short-term rentals operate in Greenwich, CT, but hosts may need to comply with local registration or permit requirements, as well as state-level regulations. Rules can vary and evolve, so prospective investors should check directly with the Town of Greenwich and Connecticut state authorities before listing a property. Reviewing any applicable HOA restrictions is also recommended.

When is peak season for Airbnb in Greenwich?

Peak season in Greenwich runs from June through August, with July leading the way at an average monthly revenue of $8,013 per listing. August follows closely at $7,744. The shoulder months of May, September, and October also perform well, averaging between $4,998 and $5,227. The slowest months are January and February, when average revenues dip to around $2,400.

How many Airbnbs are there in Greenwich?

As of April 2026, there are 40 active Airbnb listings in Greenwich. One-bedroom units make up the largest share at 17 listings, followed by 10 three-bedroom properties and 9 two-bedroom listings. The relatively small total supply means competition is limited, though it also reflects the high cost of real estate in the area.

How is Airbnb revenue calculated in Greenwich?

The annual and monthly revenue figures shown for Greenwich 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, remove regional outliers, and aggregate the results to a market-level historical average. Because each month uses its own historical performance data, the figures naturally reflect seasonal peaks (like July at $8,013) and slower periods (like January at $2,387). 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 Greenwich, CT market
• Average daily rate, occupancy, and RevPAN metrics benchmarked against state averages
• Monthly and annual revenue trends based on trailing 12-month booking performance
• Property size breakdowns for listings, rates, occupancy, and revenue
• Amenity prevalence data across active listings to inform property setup decisions

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 as of April 2026 and may not capture very recent market shifts. Local regulations, HOA rules, and tax obligations can change; investors should verify current requirements before purchasing or listing a property.