Libertyville, IL Airbnb Market Data, Statistics, and Occupancy Rates

Libertyville Short-Term Rental Market Overview

Libertyville, IL is a compact suburban short-term rental market with just 35 active Airbnb listings, offering investors the potential for limited local competition. Average annual revenue sits at $43,533, driven largely by strong summer demand that pushes monthly earnings above $5,800 in July. With an ROI score of 56 out of 100 and above-average occupancy stability, the market rewards operators who can capture seasonal peaks while maintaining steady bookings through the cooler months.

Key Market Statistics

According to Rabbu market data, the Libertyville 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 Libertyville

Investors look at Libertyville for its low listing count relative to demand, above-average occupancy stability, and the revenue premium available to larger properties in a market with limited competition.

Expert Market Assessment

"Libertyville represents a moderately attractive opportunity for STR investors who are comfortable with pronounced seasonality. Monthly revenue swings from roughly $1,871 in February to $5,819 in July, so operators need a pricing and marketing strategy that captures summer demand while minimizing vacancy in the off-season. The market's above-average supply/demand balance and occupancy stability offset a below-average growth trend, making it better suited for steady cash-flow seekers than investors chasing rapid market expansion. Pairing a well-appointed 3- or 4-bedroom property with competitive amenities could position an investor well ahead of the small existing supply."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Libertyville

Average revenue by month in Libertyville

Libertyville shows strong seasonality, with July ($5,819) and August ($5,739) delivering peak revenues nearly three times the February low of $1,871. Investors should plan for a meaningful summer surge and quieter winter months when building their cash-flow models.

Active Airbnb listings by property size in Libertyville

The supply is fairly balanced but concentrated in 2-bedroom (10) and 3-bedroom (11) listings, which together account for about 60% of inventory. With only 5 listings each in the 1-bedroom and 4-bedroom categories, both ends of the size spectrum may present opportunities for differentiation.

Average daily rate (ADR) by property size in Libertyville

ADR climbs steadily with property size, from $117 for 1-bedroom units up to $297 for 4-bedroom homes—a 154% premium. The jump from 3-bedroom ($222) to 4-bedroom ($297) is the largest absolute increase, suggesting group-friendly properties command a notable rate advantage.

Average RevPAN by property size in Libertyville

Four-bedroom properties lead in RevPAN at $91, well above 2-bedrooms ($48) and 3-bedrooms ($57), making them the most efficient revenue generators per available night. Notably, 1-bedroom listings deliver $63 in RevPAN—second highest—thanks to their significantly stronger occupancy rate.

Average occupancy rates by property size in Libertyville

One-bedroom listings stand out with a 54% occupancy rate, nearly double the 2-bedroom (27%) and 3-bedroom (26%) segments. Four-bedroom properties sit at 31%, and the overall pattern suggests smaller units stay fullest while larger ones rely more on higher nightly rates to compensate for lower fill rates.

Average monthly revenue by property size in Libertyville

Monthly revenue scales consistently with size, from $2,464 for 1-bedrooms to $4,968 for 4-bedroom properties. The gap between 3-bedroom ($3,850) and 4-bedroom ($4,968) listings—over $1,100 per month—is particularly notable and may justify the incremental acquisition cost for investors.

Average annual revenue by property size in Libertyville

Four-bedroom properties top annual revenue at $59,621, more than double the $29,572 earned by 1-bedroom units. Three-bedroom listings at $46,209 per year offer a middle-ground option that closely tracks the market average of $43,533, making them a solid baseline investment size.

Most common amenities for Airbnb listings in Libertyville

Every listing in Libertyville offers washer and dryer, and 97% feature self check-in—clear table-stakes amenities for this market. The high prevalence of kitchens (94%), parking (94%), workspaces (89%), and BBQ grills (86%) signals that guests expect a full suburban home experience, and investors who also offer pet-friendly accommodations (71%) and backyard space (69%) align with dominant guest preferences.

Understanding Libertyville's ROI Score: 56/100

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

Libertyville's ROI score of 56 out of 100 places it in the 'Attractive Opportunity' band, reflecting a market where healthy occupancy stability and a favorable supply/demand balance help offset an average revenue-to-price ratio and below-average growth trajectory. Investors benefit from limited competition among just 35 listings, but should note that home values averaging $881,361 mean the entry cost is significant relative to projected annual revenue. Pairing this data with thorough local regulatory research and a clear seasonal pricing strategy will be key to realizing the market's potential.

Short-Term Rental Regulations in Libertyville

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

Permit Requirements

Short-term rental operators in Libertyville, Illinois may need to obtain a local permit or register their property before listing on platforms. Investors should verify current requirements directly with the Village of Libertyville and Lake County authorities, as STR regulations can evolve quickly.

Key Restrictions

Common restrictions that may apply in Illinois suburban markets include occupancy limits, minimum-stay requirements, noise ordinances, and parking mandates. HOA rules can also limit or prohibit short-term rentals in certain neighborhoods, so reviewing covenants before purchasing is essential.

Tax Obligations

Hosts in Illinois are generally subject to state and local occupancy taxes, and platforms like Airbnb often collect and remit some of these on behalf of hosts. Investors should confirm whether any additional municipal lodging or tourism taxes apply in Libertyville and Lake County.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Libertyville's STR market is expected to maintain its pronounced summer seasonality, with peak-month revenues likely remaining in the $5,500–$6,000 range. Occupancy stability scores above average, suggesting demand drivers are relatively durable, though the below-average market growth trend means investors should temper expectations for rapid appreciation in listing yields. ADR could drift modestly upward—perhaps 1–3%—given limited supply and suburban appeal, but individual results will depend heavily on pricing strategy and property quality."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Libertyville, IL

What is the average Airbnb occupancy rate in Libertyville?

The average occupancy rate for Airbnb listings in Libertyville is currently 30%, which is slightly below the Illinois state average of 33%. That said, 1-bedroom units significantly outperform at 54% occupancy, while larger properties cluster in the 26–31% range. Occupancy stability in Libertyville scores above average, indicating relatively dependable demand patterns throughout the year.

How much do Airbnb hosts make in Libertyville?

On average, Airbnb hosts in Libertyville earn approximately $3,627 per month and $43,533 per year based on trailing 12-month booking data. Revenue varies considerably by property size—1-bedroom listings average about $2,464/month, while 4-bedroom properties lead the market at roughly $4,968/month. Summer months are the strongest earning period, with July reaching an average of $5,819.

Is Libertyville a good market for Airbnb investment?

Libertyville scores 56 out of 100 on Rabbu's ROI Score, rated as an 'Attractive Opportunity.' The market benefits from above-average occupancy stability and a favorable supply/demand balance with only 35 active listings. However, average home values sit around $881,361 and the revenue-to-price ratio is average, so investors should carefully model cash flow to ensure returns meet their goals. The below-average growth trend suggests steady rather than rapidly expanding returns.

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

The current average daily rate in Libertyville is $226, which comes in below the Illinois state average of $319. ADR scales meaningfully with property size: 1-bedroom units average $117, 2-bedrooms $179, 3-bedrooms $222, and 4-bedroom listings command $297 per night. This premium for larger properties reflects the suburban market's appeal to families and groups.

Are short-term rentals legal in Libertyville?

Short-term rentals may be subject to local permitting or registration requirements in Libertyville, IL. Regulations can vary and change over time, so prospective investors should contact the Village of Libertyville directly and review any applicable Lake County or Illinois state rules before listing a property. HOA restrictions may also apply in certain communities.

When is peak season for Airbnb in Libertyville?

Peak season in Libertyville runs from June through August, with July topping out at an average of $5,819 in monthly revenue. August follows closely at $5,739, and June averages $5,109. The off-peak months of January and February see the lowest revenues, around $1,871–$2,018, creating a roughly 3:1 spread between peak and trough months.

How many Airbnbs are there in Libertyville?

As of April 2026, there are 35 active Airbnb listings in Libertyville. The supply is concentrated in 2-bedroom (10 listings) and 3-bedroom (11 listings) properties, with smaller counts of 1-bedroom (5) and 4-bedroom (5) units. This relatively small total suggests limited competition for well-differentiated properties.

How is Airbnb revenue calculated in Libertyville?

The annual and monthly revenue figures shown for Libertyville 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 into a market-level historical average. Because each month uses its own historical performance, the figures naturally reflect seasonal peaks and slower periods. 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 Libertyville, IL market
• Average daily rate, occupancy, and RevPAN metrics across property sizes
• Monthly and annual revenue trends based on trailing 12-month booking data
• Popular amenity prevalence across active listings
• Home value benchmarks 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, HOA rules, and tax obligations can change; investors should verify current requirements before purchasing.