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

Mchenry Short-Term Rental Market Overview

Mchenry, IL stands out as a compact but high-potential short-term rental market, scoring 79 out of 100 on Rabbu's ROI scale — placing it firmly in "Standout Opportunity" territory. With an average daily rate of $505, well above the Illinois state average of $319, and average annual revenue of $64,488 against home values around $411,573, the revenue-to-price ratio is notably favorable. The market's small supply of just 18 active listings and strong lake-oriented appeal create a dynamic where well-positioned properties can capture premium nightly rates, particularly during the summer months.

Key Market Statistics

According to Rabbu market data, the Mchenry 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 Mchenry

Mchenry's above-average revenue-to-price ratio and favorable supply/demand balance make it a compelling market for investors seeking strong returns in a lakeside Illinois destination.

Expert Market Assessment

"Mchenry presents a strong opportunity for investors comfortable with pronounced seasonality. July and August are the clear revenue drivers, generating roughly $9,847 and $9,653 respectively, while January dips to just $2,087 — a spread that underscores the importance of pricing strategy and expense management during the colder months. The market's above-average supply/demand balance and premium ADR suggest that demand outpaces the current 18 active listings, though the below-average occupancy stability (29% vs. 33% state average) means investors should plan for significant off-season vacancy when modeling returns."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Mchenry

Average revenue by month in Mchenry

Mchenry's revenue peaks sharply in July ($9,847) and August ($9,653), nearly five times the January low of $2,087, revealing a strongly seasonal market driven by summer lakeside demand. The shoulder months of May through October form a solid mid-tier earning window in the $5,000–$6,200 range, while November through March represents the quieter off-season.

Active Airbnb listings by property size in Mchenry

The available property-size data shows 5 active listings in the 3-bedroom category, which is the only segment with enough inventory to report. This concentration suggests that 3-bedroom homes are the dominant STR configuration in Mchenry, and investors considering other sizes may find an underserved niche — though limited data makes it harder to benchmark performance for those alternatives.

Average daily rate (ADR) by property size in Mchenry

Three-bedroom properties in Mchenry command an ADR of $332, while the overall market average sits at $505 — indicating that larger or more premium properties (likely lakefront) are pulling the market-wide figure considerably higher. Investors targeting 3-bedroom homes can expect solid per-night pricing, though properties with waterfront access or unique features may achieve substantially more.

Average RevPAN by property size in Mchenry

Three-bedroom listings generate $130 in RevPAN, compared to the market-wide average of $145. The gap suggests that higher-end or larger properties in the market achieve stronger revenue per available night, likely reflecting premium waterfront positioning and higher occupancy during peak months.

Average occupancy rates by property size in Mchenry

Three-bedroom properties average 39% occupancy, which is notably higher than the market-wide 29% average. This suggests that 3-bedroom homes attract more consistent bookings and may offer better cash-flow stability compared to other property types in the market.

Average monthly revenue by property size in Mchenry

Three-bedroom properties average $4,634 per month, somewhat below the overall market average of $5,374. While they represent the most common and accessible investment option, higher-revenue listings in the market likely include larger homes or premium waterfront properties that push the overall average up.

Average annual revenue by property size in Mchenry

At $55,616 in average annual revenue, 3-bedroom homes deliver solid returns against Mchenry's average home values of $411,573, translating to a gross yield of roughly 13.5%. The market-wide annual average of $64,488 suggests that there's upside for investors who can access larger or lakefront properties commanding higher nightly rates.

Most common amenities for Airbnb listings in Mchenry

Every active listing in Mchenry offers parking and a kitchen, while BBQ grills (89%), patios or balconies (89%), and backyards (78%) dominate — reflecting a market where guests expect outdoor-oriented, vacation-style experiences. Lake access appears in 67% of listings and waterfront in 50%, signaling that proximity to water is a key differentiator, and properties lacking these features may need to compensate with other compelling amenities like hot tubs (present in only 33% of listings).

Understanding Mchenry's ROI Score: 79/100

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

Mchenry's ROI score of 79 out of 100 places it in the "Standout Opportunity" band, driven primarily by an above-average revenue-to-price ratio and favorable supply/demand balance that signal strong earning potential relative to acquisition costs. The below-average occupancy stability score reflects the market's pronounced seasonality, which investors should plan for with adequate cash reserves for the off-season months. Pairing this data with local regulatory research and a clear understanding of seasonal pricing dynamics will help investors assess whether Mchenry aligns with their return targets.

Short-Term Rental Regulations in Mchenry

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

Permit Requirements

Short-term rental operators in Mchenry, IL may be required to obtain permits or register their property with the city. Investors should verify current requirements directly with the City of Mchenry and McHenry County before listing a property.

Key Restrictions

Common restrictions in Illinois municipalities can include occupancy limits, minimum stay requirements, noise ordinances, parking regulations, and caps on the number of permitted rentals. HOA rules may impose additional limitations, particularly in lakefront or planned communities, so reviewing any applicable covenants is essential before purchasing.

Tax Obligations

STR hosts in Illinois are generally subject to state and local occupancy taxes, and platforms like Airbnb often collect and remit certain taxes on behalf of hosts. Investors should confirm their specific obligations with a tax professional familiar with McHenry County and Illinois lodging tax requirements.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Mchenry's STR market is expected to benefit from continued summer-driven demand, with peak monthly revenues likely holding in the $9,000–$10,000 range for July and August. The 60% year-over-year growth in active listings suggests increasing investor interest, though the market's small base means supply could shift quickly — investors entering soon may still enjoy favorable positioning before competition intensifies. ADR is estimated to remain elevated relative to the state average, potentially seeing modest 2–4% increases as lakefront and outdoor amenities continue to attract weekend and vacation guests. Occupancy during off-peak months (January through March) will likely remain soft around 20–30%, so revenue projections should account for meaningful seasonal dips."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Mchenry, IL

What is the average Airbnb occupancy rate in Mchenry?

The average occupancy rate for Airbnb listings in Mchenry is currently 29%, which sits below the Illinois state average of 33%. This reflects the market's seasonal nature — summer months see substantially higher booking rates, while winter demand tapers off. For 3-bedroom properties specifically, occupancy averages a stronger 39%.

How much do Airbnb hosts make in Mchenry?

Airbnb hosts in Mchenry earn an average of $5,374 per month and approximately $64,488 per year, based on trailing 12-month booking data. Revenue varies significantly by season, with peak summer months like July generating close to $9,847 and quieter winter months like January bringing in around $2,087. Three-bedroom properties, which make up the identifiable supply, average about $55,616 annually.

Is Mchenry a good market for Airbnb investment?

Mchenry scores 79 out of 100 on Rabbu's ROI Score, earning a "Standout Opportunity" designation. The market benefits from an above-average revenue-to-price ratio and favorable supply/demand balance, with average annual revenue of $64,488 against home values around $411,573. Investors should note that occupancy stability is rated below average due to seasonal fluctuations, so financial planning should account for softer winter months.

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

The average daily rate in Mchenry is $505, which is significantly higher than the Illinois state average of $319. For 3-bedroom properties, the ADR is $332. The overall market ADR reflects the premium pricing that lakefront and vacation-oriented properties can command, especially during peak summer season.

Are short-term rentals legal in Mchenry?

Short-term rentals are generally permitted in Mchenry, IL, though operators may need to secure permits or register with local authorities. Regulations can vary and may include occupancy limits, parking rules, or other requirements. Investors are advised to check directly with the City of Mchenry and McHenry County for the most current rules before listing a property.

When is peak season for Airbnb in Mchenry?

Peak season in Mchenry runs from June through August, with July being the highest-earning month at an average of $9,847 in revenue. August follows closely at $9,653, and June brings in $8,221. The shoulder months of May, September, and October also see moderate demand in the $5,000–$6,200 range. Winter months from January through March represent the off-peak period, with revenues between $2,087 and $3,608.

How many Airbnbs are there in Mchenry?

There are currently 18 active Airbnb listings in Mchenry as of April 2026. This relatively small supply has grown 60% year over year, indicating rising investor interest. The limited number of listings means less direct competition, which can help sustain higher nightly rates and support strong revenue for well-managed properties.

How is Airbnb revenue calculated in Mchenry?

The annual and monthly revenue figures for Mchenry 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. 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 up to a market-level historical average. This approach anchors the figures to what hosts have actually earned recently, while naturally reflecting seasonal peaks and slower months because each month uses its own historical performance. 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 by market
• Average daily rates, occupancy, and RevPAN trends across property sizes
• Monthly and annual revenue metrics based on trailing 12-month booking data
• Home value benchmarks from the Zillow Home Value Index (ZHVI)
• Amenity prevalence data across active listings in the market

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 with municipal authorities before investing. Individual property results will vary based on location, condition, amenities, pricing strategy, and management quality.