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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Upland presents a competitive opportunity: investor interest and demand are strong, but higher prices or tighter competition may require more selective deal sourcing.
Upland, CA is a compact Inland Empire market with just 30 active Airbnb listings and an average daily rate of $199—well below California's $551 state average—making it accessible from a pricing standpoint for guests yet challenging from a revenue perspective for investors. Average annual revenue sits at $29,518 against home values averaging roughly $1.06 million, which compresses yields and demands careful deal sourcing. Still, year-over-year listing growth of 109% signals rising investor interest, and a favorable supply/demand balance suggests the market has room before saturation becomes a concern.
According to Rabbu market data, the Upland short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 30 |
| Average Daily Rate (ADR) | vs. $551 state avg. | $199 |
| Average Occupancy Rate | vs. 43% state avg. | 41% |
| RevPAN | ADR * Occupancy Rate | $81 |
| Average Monthly Revenue | Historical 12-month average | $2,459 |
| Average Annual Revenue | Historical 12-month average | $29,518 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
Upland appeals to investors seeking a low-competition, supply-constrained Inland Empire market where selective property acquisition could outperform market averages.
Key investment factors
"Upland represents a competitive opportunity where the numbers reward discipline rather than broad-stroke investing. With a RevPAN of $81 and occupancy averaging 41%, the market doesn't deliver outsized returns automatically—particularly when weighed against average home values near $1.06 million. However, pronounced seasonality works in favor of active managers: December revenues peak at $4,239 while the slowest months dip to $1,530, meaning hosts who optimize pricing for winter demand can meaningfully outperform annual averages. The favorable supply/demand balance and small listing pool mean well-positioned properties can capture disproportionate share, but the below-average revenue-to-price ratio means investors need to source deals below the ZHVI median to make the math work."
— Rabbu Market Analysis Team
Upland shows pronounced seasonality, with December ($4,239) and January ($3,533) delivering the strongest monthly revenues—nearly three times the May trough of $1,530. A secondary summer bump in July–August ($2,742–$2,823) provides mid-year relief, but investors should budget for lean spring months when revenue drops below $1,650.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$3,533 |
| February |
|
$3,076 |
| March |
|
$2,691 |
| April |
|
$1,647 |
| May |
|
$1,530 |
| June |
|
$1,545 |
| July |
|
$2,742 |
| August |
|
$2,823 |
| September |
|
$1,824 |
| October |
|
$1,626 |
| November |
|
$2,238 |
| December |
|
$4,239 |
The market's 30 listings skew heavily toward 1-bedroom units (15 listings), with 3-bedroom properties accounting for 7. The absence of 2-bedroom, 4-bedroom, and larger listings in the data may signal an underserved niche where new inventory could capture unmet demand.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
15 |
| 3 bedrooms |
|
7 |
ADR nearly triples from $119 for 1-bedroom listings to $319 for 3-bedroom properties, reflecting a substantial premium for added space. This spread suggests that guests booking larger properties in Upland are willing to pay significantly more per night, which could favor investors who acquire larger homes if occupancy can be improved.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$119 |
| 3 bedrooms |
|
$319 |
RevPAN is remarkably close across property sizes—$55 for 1-bedrooms versus $51 for 3-bedrooms—despite the wide ADR gap. The near-parity is driven by 3-bedroom occupancy lagging at 16%, which erodes much of their nightly rate advantage when measured on a per-available-night basis.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$55 |
| 3 bedrooms |
|
$51 |
One-bedroom listings achieve 46% occupancy compared to just 16% for 3-bedroom properties, a stark gap that underscores stronger and more consistent demand for smaller units. Investors considering larger properties should factor in this significantly lower fill rate and its impact on cash-flow predictability.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
46% |
| 3 bedrooms |
|
16% |
Three-bedroom properties lead with $2,992 in average monthly revenue versus $1,145 for 1-bedrooms, driven by their higher nightly rates despite much lower occupancy. However, the 1-bedroom figure represents more consistent income from steadier bookings, while the 3-bedroom number relies on fewer but more lucrative stays.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$1,145 |
| 3 bedrooms |
|
$2,992 |
At $35,910 annually, 3-bedroom listings generate roughly 2.6 times the revenue of 1-bedroom units ($13,741), making them the top earners in absolute terms. However, when weighed against the higher acquisition and furnishing costs of larger homes—and their 16% occupancy—investors should carefully model their break-even before committing to larger configurations.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$13,741 |
| 3 bedrooms |
|
$35,910 |
Kitchens (97%), parking (90%), and washers (87%) top the amenity list, reflecting guest expectations for home-like convenience in a suburban market. Outdoor features like backyards (53%), BBQ grills (50%), and pools (33%) are also well-represented, suggesting that properties with private outdoor space have a competitive edge in attracting bookings.
| Amenity | Trend | Value |
|---|---|---|
| Kitchen |
|
97% |
| Parking |
|
90% |
| Washer |
|
87% |
| Self Check-in |
|
83% |
| Dryer |
|
73% |
| Workspace |
|
63% |
| Outdoor Furniture |
|
60% |
| Backyard |
|
53% |
| BBQ Grill |
|
50% |
| Patio or Balcony |
|
47% |
| Pets |
|
43% |
| Pool |
|
33% |
| Hot Tub |
|
17% |
| EV Charger |
|
7% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Upland Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Below average | 40% |
| Occupancy Stability | Average | 30% |
| Market Growth Trend | Average | 15% |
| Supply/Demand Balance | Above average | 15% |
Upland's ROI Score of 40 out of 100 places it in the 'Competitive Opportunity' band, where strong investor interest meets tighter margins. The below-average revenue-to-price ratio is the primary constraint—$29,518 in annual revenue against $1.06 million home values requires disciplined underwriting. The above-average supply/demand balance and average occupancy stability offer upside for investors who can source properties below market and pair this data with thorough local regulatory research.
Understanding local STR regulations is essential before investing in Upland. Here's the current regulatory landscape:
Short-term rental operators in Upland, California may need to obtain a permit or business registration from the City of Upland before listing a property. Investors should verify current permit requirements directly with the city's planning or code enforcement department, as local regulations can evolve.
Common restrictions in California STR markets include occupancy limits, minimum stay requirements, noise ordinances, and parking regulations. Some properties may also be subject to HOA rules that limit or prohibit short-term rentals, so reviewing CC&Rs is essential before purchasing an investment property.
STR hosts in California are generally subject to transient occupancy taxes, and some jurisdictions also require collection of state and local tourism assessments. Platforms like Airbnb often collect and remit these taxes on behalf of hosts, but operators should confirm their specific obligations with Upland's finance department.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Upland can provide current regulatory guidance.
Financing an Airbnb investment in Upland requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Upland's STR market is likely to see continued supply growth as new hosts enter, though the small base means even a handful of new listings can shift dynamics. Seasonal patterns point to strong winter demand—December and January are the highest-earning months—with softer stretches from April through June. Occupancy may hold steady around 40–45% if supply growth remains measured, and ADR could see modest increases of 2–4% as hosts refine pricing strategies. Investors should plan conservatively around these seasonal swings and monitor whether the recent surge in new listings stabilizes."
— 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 Apr, 27 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month historical averages and may not capture very recent market shifts. Local regulations, HOA restrictions, and tax obligations vary and should be independently verified before investing.
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