Westfield, IN Airbnb Market Data, Statistics, and Occupancy Rates

Westfield Short-Term Rental Market Overview

Westfield, IN is a growing suburban market north of Indianapolis with 64 active Airbnb listings and an average annual revenue of $40,970 per property. With an ADR of $267 and a 26% occupancy rate — both trailing the Indiana state averages — the market rewards operators who can capture seasonal demand spikes, particularly during summer months. An ROI score of 60 out of 100 signals attractive potential for investors willing to navigate a still-maturing supply landscape and home values averaging $687,242.

Key Market Statistics

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

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.

Why Investors Consider Westfield

Investors look at Westfield for its proximity to Indianapolis, family-friendly suburban appeal, and the revenue premium that larger properties can command during peak travel season.

Expert Market Assessment

"Westfield presents a moderate opportunity for STR investors — revenue potential is real but depends heavily on property size and seasonal timing. The market's pronounced seasonality, with July revenue at $6,108 compared to February's $1,722, means cash flow is uneven and operators need to budget accordingly. Three- and four-bedroom properties dominate both supply and earnings, suggesting the market caters to families and groups rather than solo travelers or couples. The below-average supply/demand balance factor in the ROI score warrants attention, especially given the 105% year-over-year growth in listings."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Westfield

Average revenue by month in Westfield

Westfield exhibits strong seasonality, with July ($6,108) generating more than 3.5x the revenue of the slowest month, February ($1,722). The summer months of May through August form a clear peak window, while January and February represent the deepest off-season — an important consideration for cash-flow planning.

Active Airbnb listings by property size in Westfield

Three-bedroom homes dominate the market with 24 listings, closely followed by 4-bedrooms at 22, while 1- and 2-bedroom units are relatively scarce at just 5 and 6 listings respectively. The limited supply of smaller units could represent either weak demand for that segment or an underserved niche worth investigating.

Average daily rate (ADR) by property size in Westfield

ADR climbs steadily from $92 for 1-bedroom properties to $290 for 4-bedroom homes, with the biggest jump occurring between 2-bedrooms ($139) and 3-bedrooms ($261). This steep premium for larger properties reflects the family- and group-oriented nature of Westfield's guest demand.

Average RevPAN by property size in Westfield

Three-bedroom properties deliver the highest RevPAN at $77, outperforming even 4-bedroom homes ($67), which suggests a stronger occupancy-to-rate balance at that size. One-bedroom units lag significantly at $15 RevPAN, indicating limited earning power relative to the available inventory.

Average occupancy rates by property size in Westfield

Occupancy peaks at 30% for 3-bedroom properties and drops to just 17% for 1-bedrooms, with 2-bedrooms at 25% and 4-bedrooms at 23%. The higher fill rates for 3-bedroom homes suggest they hit the sweet spot for guest demand in Westfield, offering more predictable booking flow.

Average monthly revenue by property size in Westfield

Three-bedroom listings lead monthly revenue at $3,425, nearly tied with 4-bedrooms at $3,390, while 1-bedroom units generate only $932 per month. The nearly identical performance of 3- and 4-bedroom properties — despite the latter's higher ADR — underscores how occupancy differences can flatten revenue at larger sizes.

Average annual revenue by property size in Westfield

Annually, 3-bedroom properties top the market at $41,107, with 4-bedrooms close behind at $40,688 — both roughly double the $21,064 earned by 2-bedroom units. Given that 3-bedroom homes may carry lower acquisition and operating costs than 4-bedrooms, they appear to offer the strongest return potential in Westfield.

Most common amenities for Airbnb listings in Westfield

Kitchens and parking are universal (100%) across Westfield listings, and in-unit laundry is nearly standard at 92–95%, reflecting the family-travel focus of this suburban market. Outdoor amenities like backyards (72%), patios (69%), and BBQ grills (58%) are common differentiators, while premium features like hot tubs (8%) and pools (5%) remain rare — presenting a potential opportunity for hosts looking to stand out.

Understanding Westfield's ROI Score: 60/100

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

Westfield's ROI score of 60 out of 100 places it in the "Attractive Opportunity" band, reflecting average revenue-to-price ratios and occupancy stability but a below-average supply/demand balance driven by rapid listing growth. The market growth trend is rated average, suggesting steady but not outsized momentum in demand fundamentals. Investors should pair these metrics with on-the-ground regulatory research and a clear strategy for capturing peak summer revenue to make the numbers work.

Short-Term Rental Regulations in Westfield

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

Permit Requirements

Westfield, Indiana may require short-term rental operators to obtain a permit or register with the city before listing a property. Investors should verify current permit requirements directly with the City of Westfield and Hamilton County authorities before purchasing or listing a property.

Key Restrictions

Common restrictions in Indiana suburban markets can include occupancy limits, minimum stay requirements, noise ordinances, and parking regulations. HOA rules in Westfield's newer residential developments may also limit or prohibit short-term rentals, so reviewing covenants before purchasing is essential.

Tax Obligations

Short-term rental operators in Indiana are generally subject to state sales tax and county innkeeper's tax on bookings. Many platforms like Airbnb collect and remit some of these taxes automatically, but hosts should confirm their full obligations with the Indiana Department of Revenue.

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

Future Outlook & Long-Term Forecast

"With year-over-year listing growth of 105%, Westfield's STR supply is expanding rapidly, which could put downward pressure on occupancy if demand doesn't keep pace. Over the next 12–18 months, we estimate ADR may hold steady or inch up 1–3% as the market matures, while occupancy could stabilize in the 25–30% range depending on how quickly new supply is absorbed. Summer months — particularly June and July — will continue to anchor annual returns, so investors should plan cash reserves to cover slower winter periods when monthly revenue can dip below $1,800. Monitoring the supply/demand balance will be critical as this market evolves."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Westfield, IN

What is the average Airbnb occupancy rate in Westfield?

The average Airbnb occupancy rate in Westfield is currently 26%, which trails the Indiana state average of 32%. Occupancy varies significantly by property size — 3-bedroom listings lead at 30%, while 1-bedroom properties average just 17%. Seasonal demand also plays a major role, with summer months driving the highest booking activity.

How much do Airbnb hosts make in Westfield?

Airbnb hosts in Westfield earn an average of $3,414 per month and approximately $40,970 per year based on trailing 12-month booking data. Earnings vary widely by property size: 3-bedroom homes average $3,425/month ($41,107 annually), while 1-bedroom units bring in roughly $932/month ($11,190 annually). Peak summer months like July can push monthly revenue above $6,100.

Is Westfield a good market for Airbnb investment?

Westfield scores 60 out of 100 on Rabbu's ROI Score, placing it in the "Attractive Opportunity" category. The market offers solid seasonal revenue potential — especially for 3- and 4-bedroom properties — but investors should be aware of below-average supply/demand balance and occupancy that falls under the state average. Pairing this data with local regulatory research and careful property selection is recommended.

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

The average daily rate in Westfield is $267, slightly below the Indiana state average of $290. ADR scales meaningfully with property size: 1-bedroom listings average $92/night, 2-bedrooms $139, 3-bedrooms $261, and 4-bedroom properties command $290/night. Larger homes capture a significant premium per night.

Are short-term rentals legal in Westfield?

Short-term rentals generally operate in Westfield, IN, but specific permit, zoning, and registration requirements may apply. Investors should check directly with the City of Westfield and Hamilton County for current regulations, including any HOA restrictions that may impact properties in newer developments.

When is peak season for Airbnb in Westfield?

Peak season in Westfield runs from May through August, with July being the strongest month at an average revenue of $6,108. June ($5,320) and May ($4,436) also perform well above the annual average. The slowest months are January and February, when average revenue dips to around $1,722–$1,749.

How many Airbnbs are there in Westfield?

As of April 2026, there are 64 active Airbnb listings in Westfield. The market has seen significant growth, with a 105% year-over-year increase in active listings. Three-bedroom (24 listings) and four-bedroom (22 listings) properties make up the majority of supply.

How is Airbnb revenue calculated in Westfield?

The annual and monthly revenue figures for Westfield 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 roll the results up 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 Westfield, IN
• Average daily rate, occupancy, and RevPAN trends by property size
• Monthly and annual revenue metrics based on trailing 12-month booking data
• Amenity prevalence data across active listings in the market
• Home value estimates sourced from Zillow Home Value Index (ZHVI)

Sources and disclaimers

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. Data reflects trailing 12-month averages as of April 2026 and may not capture very recent market shifts. Local regulations, HOA rules, and tax obligations vary and should be independently verified before investing.