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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Half Moon Bay offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Half Moon Bay sits along California's scenic San Mateo Coast, drawing weekend visitors and longer-stay guests who want a quieter alternative to San Francisco—just 30 miles to the north. With an average annual revenue of $64,761 across roughly 80 active listings and above-average occupancy stability, the market rewards hosts who can capture summer and fall demand. High home values averaging over $2 million temper the revenue-to-price ratio, but the combination of premium daily rates ($392 ADR) and a compact, supply-constrained listing pool keeps this coastal market on investors' radar.
According to Rabbu market data, the Half Moon Bay short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 80 |
| Average Daily Rate (ADR) | vs. $551 state avg. | $392 |
| Average Occupancy Rate | vs. 43% state avg. | 36% |
| RevPAN | ADR * Occupancy Rate | $142 |
| Average Monthly Revenue | Historical 12-month average | $5,396 |
| Average Annual Revenue | Historical 12-month average | $64,761 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.
Investors look at Half Moon Bay for its premium nightly rates, stable occupancy patterns, and the natural supply constraint that comes with a small coastal community near a major metro.
Key investment factors
"Half Moon Bay presents an attractive but nuanced opportunity. The market's ROI score of 55 out of 100 reflects strong occupancy stability paired with a below-average revenue-to-price ratio—typical for high-value California coastal markets where acquisition costs are steep. Seasonality is pronounced: July peaks at $7,009 in average monthly revenue, while February dips to about $3,977, creating a roughly 76% spread between the best and softest months. Investors who can tolerate the high entry price and manage through winter slow periods will find a market with genuine pricing power and limited direct competition."
— Rabbu Market Analysis Team
Revenue in Half Moon Bay follows a clear coastal seasonality pattern, peaking in July at $7,009 and bottoming out in February at $3,977—a spread of roughly $3,000. The strongest five-month stretch from May through September accounts for the bulk of annual earnings, making summer operations critical to overall profitability.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$4,031 |
| February |
|
$3,977 |
| March |
|
$5,003 |
| April |
|
$4,872 |
| May |
|
$5,811 |
| June |
|
$6,411 |
| July |
|
$7,009 |
| August |
|
$6,607 |
| September |
|
$5,958 |
| October |
|
$5,944 |
| November |
|
$4,833 |
| December |
|
$4,300 |
One-bedroom units dominate the supply with 35 of 80 active listings (44%), while 3- and 4-bedroom homes are comparatively scarce at 12 and 8 listings respectively. The limited supply of larger properties, combined with their significantly higher revenue potential, may signal an opportunity for investors willing to acquire bigger homes.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
5 |
| 1 bedroom |
|
35 |
| 2 bedrooms |
|
17 |
| 3 bedrooms |
|
12 |
| 4 bedrooms |
|
8 |
ADR scales steeply with bedroom count in Half Moon Bay, jumping from $200 for studios to $778 for 4-bedroom properties—nearly a 4x premium. The sharpest rate increase occurs between 3 bedrooms ($458) and 4 bedrooms ($778), suggesting strong group and family demand for larger accommodations along the coast.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
$200 |
| 1 bedroom |
|
$250 |
| 2 bedrooms |
|
$363 |
| 3 bedrooms |
|
$458 |
| 4 bedrooms |
|
$778 |
RevPAN climbs consistently with property size, from $78 for studios to $259 for 4-bedroom homes, confirming that larger units convert their higher ADRs into meaningfully better per-night revenue even after accounting for occupancy. Three-bedroom properties at $180 RevPAN offer a strong middle ground between capital outlay and earning power.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
$78 |
| 1 bedroom |
|
$90 |
| 2 bedrooms |
|
$133 |
| 3 bedrooms |
|
$180 |
| 4 bedrooms |
|
$259 |
Occupancy rates are remarkably flat across property sizes, ranging from 33% for 4-bedroom homes to 39% for studios and 3-bedroom units. This consistency means that revenue differences between property sizes are driven almost entirely by rate rather than fill rate, giving investors confidence that larger, pricier listings won't sit empty disproportionately.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
39% |
| 1 bedroom |
|
36% |
| 2 bedrooms |
|
37% |
| 3 bedrooms |
|
39% |
| 4 bedrooms |
|
33% |
Monthly revenue rises steadily from $2,897 for studios to $9,802 for 4-bedroom homes, with 3-bedroom units earning a solid $6,712 per month. The jump from 2-bedroom ($5,374) to 4-bedroom revenue is nearly double, underscoring the outsized return potential of larger coastal properties.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
$2,897 |
| 1 bedroom |
|
$3,872 |
| 2 bedrooms |
|
$5,374 |
| 3 bedrooms |
|
$6,712 |
| 4 bedrooms |
|
$9,802 |
Four-bedroom properties lead the market with $117,624 in average annual revenue, more than triple what a studio earns ($34,766). For investors focused on maximizing gross income, 3-bedroom homes at $80,555 annually offer strong returns with somewhat lower acquisition costs than the largest units.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
$34,766 |
| 1 bedroom |
|
$46,471 |
| 2 bedrooms |
|
$64,499 |
| 3 bedrooms |
|
$80,555 |
| 4 bedrooms |
|
$117,624 |
Parking tops the amenity list at 99% prevalence, followed by kitchens (85%), self check-in (76%), and patios or balconies (76%)—reflecting a guest base that expects home-like comfort and outdoor space in a coastal setting. Differentiators like hot tubs (15%) and beach access (28%) remain relatively uncommon and could help a listing stand out in search results.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
99% |
| Kitchen |
|
85% |
| Self Check-in |
|
76% |
| Patio or Balcony |
|
76% |
| Backyard |
|
64% |
| Outdoor Furniture |
|
56% |
| Dryer |
|
50% |
| Washer |
|
50% |
| Workspace |
|
46% |
| Pets |
|
41% |
| BBQ Grill |
|
35% |
| Beach Access |
|
28% |
| Hot Tub |
|
15% |
| Waterfront |
|
11% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Half Moon Bay Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Below average | 40% |
| Occupancy Stability | Above average | 30% |
| Market Growth Trend | Average | 15% |
| Supply/Demand Balance | Below average | 15% |
Half Moon Bay's ROI score of 55 out of 100 places it in the 'Attractive Opportunity' band, reflecting a market where above-average occupancy stability and average growth trends are tempered by a below-average revenue-to-price ratio and supply/demand balance. The high entry cost—homes average over $2 million—means gross yields are compressed even though absolute revenue figures are healthy. Investors should pair this data with thorough local regulatory research and a realistic cash-flow model that accounts for pronounced seasonality.
Understanding local STR regulations is essential before investing in Half Moon Bay. Here's the current regulatory landscape:
The city of Half Moon Bay and San Mateo County in California may require short-term rental operators to obtain a permit or business license before listing a property. Investors should verify current registration requirements directly with local planning and zoning authorities before purchasing.
Common restrictions in California coastal communities can include limits on the number of guests, minimum-night stays, noise and parking requirements, and caps on the total number of permits issued. HOA rules may further restrict STR activity in certain neighborhoods, so reviewing CC&Rs is essential before committing to an investment.
Short-term rental hosts in California are generally subject to Transient Occupancy Tax (TOT) at rates set by the local jurisdiction, in addition to any applicable state and county tourism or sales taxes. Platforms like Airbnb often collect and remit these taxes on behalf of hosts, but operators should confirm compliance with Half Moon Bay's specific requirements.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Half Moon Bay can provide current regulatory guidance.
Financing an Airbnb investment in Half Moon Bay requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, we estimate Half Moon Bay's ADR could hold steady or inch up 1–3%, driven by continued coastal tourism and limited new supply in the area. Occupancy is likely to hover around 34–38% on an annualized basis, with summer months pulling the average higher. The 137% year-over-year growth in active listings signals rising investor interest, so new entrants should monitor whether supply begins to outpace demand. Seasonal peaks in June through October should continue to anchor host revenues, with monthly earnings potentially reaching $6,400–$7,000 during the strongest months."
— 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. Local regulations and permitting requirements may change; investors should verify current rules with Half Moon Bay and San Mateo County authorities before purchasing. Individual property results will vary based on location, condition, amenities, pricing strategy, and management quality.
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