Hemet, CA Airbnb Market Data, Statistics, and Occupancy Rates

As of Apr, 27 2026

Rabbu ROI Score

43 / 100

Hemet presents a competitive opportunity: investor interest and demand are strong, but higher prices or tighter competition may require more selective deal sourcing.

Hemet Short-Term Rental Market Overview

Hemet, CA is a small but rapidly expanding short-term rental market with just 55 active Airbnb listings and a remarkable 241% year-over-year growth in supply. Average annual revenue sits at $22,175, driven by a pronounced seasonal swing that peaks in spring. With an average daily rate of $158—well below the $551 California state average—and home values around $529,445, the market offers a lower cost of entry relative to many Southern California alternatives, though occupancy at 30% trails the state average of 43%.

Key Market Statistics

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

Key Airbnb and short-term rental market statistics.
Metric Context Value
Active Airbnb Listings As of Apr, 27 2026 55
Average Daily Rate (ADR) vs. $551 state avg. $158
Average Occupancy Rate vs. 43% state avg. 30%
RevPAN ADR * Occupancy Rate $47
Average Monthly Revenue Historical 12-month average $1,847
Average Annual Revenue Historical 12-month average $22,175

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

Why Investors Consider Hemet

Hemet appeals to investors seeking affordable California real estate with growing STR demand and the potential for above-market returns on larger properties.

Key investment factors

  • Lower home values ($529K) compared to broader California markets reduce the barrier to entry
  • 241% year-over-year listing growth signals rising investor and traveler interest
  • 3-bedroom properties earn $36,419 annually with 44% occupancy, well above market averages
  • Spring seasonal peak delivers monthly revenue nearly 3x the off-season low
  • Proximity to San Jacinto Valley attractions and Southern California population centers supports leisure demand

Expert Market Assessment

"Hemet presents a competitive but approachable opportunity for STR investors willing to be selective. The market's ROI score of 43 out of 100 reflects an average revenue-to-price ratio paired with below-average occupancy stability—meaning cash flow can be uneven across the calendar. Seasonality is the defining characteristic here: April peaks at $3,647 in average monthly revenue while September bottoms out near $1,184, a spread that demands prudent financial planning. Larger properties substantially outperform smaller ones, and investors who target 3-bedroom homes and manage pricing aggressively through the spring shoulder months stand the best chance of generating meaningful returns."

— Rabbu Market Analysis Team

Understanding Hemet's ROI Score: 43/100

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

Factor Hemet Performance Weight
Revenue-to-Price Ratio Average 40%
Occupancy Stability Below average 30%
Market Growth Trend Above average 15%
Supply/Demand Balance Average 15%

What This Means for Investors

Hemet's ROI score of 43 out of 100 places it in the 'Competitive Opportunity' band, meaning returns are achievable but require more deliberate deal sourcing. The score reflects an average revenue-to-price ratio and average supply/demand balance, tempered by below-average occupancy stability—though above-average market growth provides a counterweight. Pairing this data with thorough local regulatory research and a focus on larger, higher-performing property types will help investors identify the deals where Hemet's potential translates into real returns.

Short-Term Rental Regulations in Hemet

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

Permit Requirements

The City of Hemet and the State of California may require short-term rental operators to obtain a business license, STR permit, or registration before listing a property. Investors should verify current requirements directly with the Hemet city planning department and the California Department of Tax and Fee Administration.

Key Restrictions

Common restrictions in California STR markets include occupancy limits, minimum-stay requirements, noise ordinances, parking mandates, and potential HOA limitations. Some municipalities also impose caps on the number of active permits, so it's worth confirming whether Hemet enforces any such caps before committing to a purchase.

Tax Obligations

Short-term rental operators in California are generally subject to transient occupancy taxes and potentially state sales tax. Platforms like Airbnb often collect and remit these taxes on behalf of hosts, but investors should confirm their obligations with the City of Hemet and the state to ensure full compliance.

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

Short-Term Rental Financing for Hemet

Financing an Airbnb investment in Hemet requires lenders who understand STR income. Rabbu partner lenders offer:

  • DSCR Loans: Qualify based on property income, not personal income
  • Low Down Payment: As low as 10–15% for investment properties
  • Fast Closing: 21–30 day average close times
  • STR Experience: Lenders who understand vacation rental underwriting
Connect with a Hemet Lender →

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Hemet's above-average market growth trend suggests continued new listing activity and rising investor interest. Seasonal demand should keep spring months robust, with ADR potentially edging up 2–4% as supply matures and operators optimize pricing. However, occupancy stability remains below average, so investors should plan for softer months between June and October where monthly revenue may dip below $1,300. Careful property selection—particularly larger units—and dynamic pricing strategies will be essential to capturing the market's upside."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Hemet, CA

What is the average Airbnb occupancy rate in Hemet?
The average Airbnb occupancy rate in Hemet is currently 30%, which falls below the California state average of 43%. Occupancy varies significantly by property size—1-bedroom listings average 25%, while 3-bedroom properties achieve a notably higher 44%. Investors targeting larger properties can expect more consistent booking rates.
How much do Airbnb hosts make in Hemet?
Based on trailing 12-month data, Airbnb hosts in Hemet earn an average of $1,847 per month or approximately $22,175 per year. Earnings vary considerably by property size: 1-bedroom units average $10,933 annually, 2-bedrooms bring in around $24,920, and 3-bedroom properties lead at $36,419 per year. Peak months like March and April can push monthly revenue above $3,000.
Is Hemet a good market for Airbnb investment?
Hemet scores a 43 out of 100 on Rabbu's ROI Score, placing it in the 'Competitive Opportunity' category. The market offers lower entry costs relative to many California markets with average home values of $529,445, and above-average growth signals rising demand. However, below-average occupancy stability means investors need to be strategic—targeting larger properties and pricing dynamically through softer months is key to maximizing returns.
What is the average daily rate (ADR) for Airbnb in Hemet?
The average daily rate for Airbnb listings in Hemet is $158, significantly lower than the California state average of $551. ADR scales with property size: 1-bedroom units average $99 per night, 2-bedrooms sit at $137, and 3-bedroom properties command $196 per night.
Are short-term rentals legal in Hemet?
Short-term rentals can be operated in Hemet, though hosts may need to secure a business license or STR permit from the city. Regulations can change, so prospective investors should verify current requirements with the City of Hemet's planning or community development department before listing a property.
When is peak season for Airbnb in Hemet?
Peak season in Hemet runs from February through April, with April delivering the highest average monthly revenue at $3,647. March follows closely at $3,076 and February at $2,177. The slowest period falls between June and October, when monthly revenue typically ranges from $1,184 to $1,542.
How many Airbnbs are there in Hemet?
As of April 2026, there are 55 active Airbnb listings in Hemet. The market has experienced explosive 241% year-over-year growth in listings. The supply skews toward smaller properties, with 27 one-bedroom listings, 11 three-bedroom listings, and 7 two-bedroom listings.
How is Airbnb revenue calculated in Hemet?
The annual and monthly revenue figures for Hemet are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market—not a forward-looking projection. Rabbu averages each comparable listing's actual revenue per available night (RevPAN) by month over the past year, removes regional outliers, and rolls the remainder into a market-level historical average. Because each month uses its own historical performance, the figures naturally reflect seasonal peaks and slower periods. Individual host 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 Hemet and surrounding areas
  • Average daily rate, occupancy, and RevPAN trends by property size
  • Monthly and annual revenue estimates based on trailing 12-month booking performance
  • Home value benchmarks sourced from Zillow Home Value Index (ZHVI)
  • Data from multiple providers combined and verified for consistency

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. Local regulations, permit requirements, and tax obligations may change; always verify current rules with the City of Hemet and State of California before investing. Individual property results will vary based on location, condition, amenities, pricing strategy, and management quality.

Next Steps

Ready to invest in Hemet's short-term rental market? Take action with these resources:

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