The Nest Entire home · 2 bedrooms - Revenue
- ֏6.9M
- Occupancy
- 8.9%
- Daily rate
- ֏96,966
Airbnb market data · 202512 months to April 2025
The average Airbnb in Vanadzor brought in ֏1,731,247 over the 12 months through April 2025.
AirROI's latest figures for Vanadzor run through April 2025.
The short answer
Listings averaged ֏25,125 a night and were booked on 24% of available nights.
Timing matters: in May, the best month, the average listing earned about 14.4 times as much as in March, the slowest. With only 31 active listings, a few bookings can reorder the months.
AirROI tracked 31 active listings in Vanadzor.
Browse the live Vanadzor Airbnb market See Every Vanadzor ListingRevenue
Gross bookings per Vanadzor listing averaged ֏1,731,247 over the 12 months to April 2025 (Armenia average: ֏3,470,961), before cleaning, platform and management costs and taxes.
The average Vanadzor listing brought in ֏712,000 in May, its best month, and ֏49,400 in March, its slowest. The three strongest months bring in 53% of a full year's revenue, where an even calendar would give any three months 25%.
In a typical month, a top-quarter listing earns at least 3.7 times as much as a bottom-quarter one.
These are monthly figures for listings active in each month. The annual average above also counts listings that operated for only part of the year, so it runs below twelve times these figures.
May earned about 14.4 times what March did
Average revenue per active listing, by month
The dashed line is the average of the months shown, ֏270,000.
Latest 12 months in the April 2025 data.
May led on revenue. Nightly rates peaked in December and bookings in October, so the best-paying month is not always the busiest or the priciest.
| Month | Avg. Revenue | Occupancy | Avg. Nightly Rate | Booking Lead Time |
|---|---|---|---|---|
| May 2024 | ֏712,411 | 47.3% | ֏20,128 | 34 days |
| Jun 2024 | ֏665,350 | 15.0% | ֏20,270 | 3 days |
| Jul 2024 | ֏207,183 | 27.2% | ֏20,742 | 9 days |
| Aug 2024 | ֏228,571 | 22.6% | ֏20,557 | 18 days |
| Sep 2024 | ֏311,948 | 32.0% | ֏20,198 | 10 days |
| Oct 2024 | ֏337,792 | 47.7% | ֏20,328 | 13 days |
| Nov 2024 | ֏354,841 | 22.2% | ֏20,326 | 9 days |
| Dec 2024 | ֏52,161 | 16.1% | ֏23,661 | 39 days |
| Jan 2025 | ֏107,217 | 25.5% | ֏22,760 | 34 days |
| Feb 2025 | ֏92,322 | 24.4% | ֏22,733 | 6 days |
| Mar 2025 | ֏49,441 | 13.8% | ֏22,690 | 19 days |
| Apr 2025 | ֏120,589 | 25.0% | ֏22,575 | 9 days |
Averages per active listing in each month. Highlighted: the highest-revenue month. Booking lead time is the days between booking and check-in for stays in that month.
Location, size and how a home is run move its income far more than a city average shows. For a range on one Vanadzor address, run it through the Airbnb income calculator.
Profit
Yes, when it's run well. The average Vanadzor Airbnb took in ֏1,731,247 in the 12 months to April 2025, an average that counts every active listing, including those open only part of the year. A listing in the top quarter took in about ֏3,605,000, and run by its owner at everyday costs, about ֏222,000 a month of that is left after running costs, so a home that costs less than that to own or rent makes money.
These amounts come before housing costs. Where the mortgage or rent is less each month, the difference is profit; a home owned outright keeps it all after property tax, home insurance and any building or condo fees.
| Line | Average listing | Top-quarter listing |
|---|---|---|
| Money in | ||
| Gross bookings | ֏1,731,247 | ֏3,605,000 |
| Running costs | ||
| Airbnb's fee15.5% of bookings, Airbnb's standard host-only fee | −֏268,000 | −֏559,000 |
| Utilities and internetAbout 5% of bookings | −֏87,000 | −֏180,000 |
| Guest suppliesToiletries, coffee, paper goods: about 2% | −֏35,000 | −֏72,000 |
| Repairs and upkeepIncluding linens and small replacements: about 3% | −֏52,000 | −֏108,000 |
| Short-term rental insuranceOne policy, on top of Airbnb's free AirCover | −֏17,000 | −֏17,000 |
| Permit and registrationWhere one is required | −֏9,000 | −֏9,000 |
| Management֏0 when you run it; co-hosts charge from about 10% of nightly bookings | ֏0 | ֏0 |
| Pricing and messaging toolsOptional; Airbnb's own tools are free | ֏0 | ֏0 |
| Lodging taxesAdded to the guest's bill and passed on | ֏0 | ֏0 |
| Total running costsAbout 27% of bookings | −֏468,000 | −֏945,000 |
| Left for housing costs, then profit | ֏1,263,247about ֏105,000 a month | ֏2,660,000about ֏222,000 a month |
| Housing costs | ||
| Mortgage or rent, property tax, home insurance, building or condo fees | Depend on the home | |
The estimate starts from Vanadzor's average listing, run by its owner. Change how the listing performs, who runs it and who cleans to see what is left for the mortgage or rent.
To work out the profit on one Vanadzor home, with its price, its mortgage or rent and your own costs, use the Airbnb profit calculator. It starts from the comparable listings around the address.
What a listing keeps comes down to the figures this page measures: nightly rate, nights booked and the months it's open. A listing at the top-quarter mark takes in about ֏300,000 a month, against ֏144,000 for the average one.
Occupancy
Vanadzor listings were booked on 24% of the nights they were open over the past year, 18 percentage points below the Armenia average (42%). Occupancy swings from 14% in March to 48% in October.
The busiest tenth of listings are booked about 4.7 times as often as the bottom quarter.
October was the busiest month in Vanadzor, March the quietest
Share of open nights booked, by month
The 12-month rate of 24% averages each listing's whole year, slow months included; each month here counts only the listings booked in it.
Nightly rates
The average nightly rate in Vanadzor, known as ADR (average daily rate), was ֏25,125 over the past year, about 19% below the Armenia average of ֏31,200. Averaged month by month, rates peak in December at about ֏23,700 and bottom out in May and September at about ֏20,100.
Prices span a wide range: the top 10% charge about 4.5 times the rate of the bottom quarter.
December rates ran 18% above May's
Average nightly rate (ADR), by month
The dashed line is the average of the months shown, ֏21,400. The 12-month ADR of ֏25,125 averages each listing's own rate across its whole year; the monthly points average listings month by month, so the two differ.
Seasonality
With only 31 active listings, the monthly pattern in Vanadzor is noisy, since a few long or pricey stays can lift a month; revenue peaked in May and bottomed out in March.
Guests book Vanadzor stays 22 days ahead on average (about three weeks). December stays are booked furthest out, about 39 days ahead, and June stays closest to arrival, about 3 days. A typical December booking is made in early November.
December stays are booked furthest ahead
Average days between booking and check-in, by month of stay
The 12-month figure of 22 days averages each listing's year as a whole; each month here averages only the listings with stays in it.
Permits
None of the 31 active listings in Vanadzor display a registration, permit or license number. That doesn't mean no rules apply: some places don't ask hosts to show a number on the listing, and listing data doesn't capture every scheme.
Registration, permit, zoning and tourist-tax rules vary by address and change often, so confirm them with the local authority before buying or listing in Vanadzor.
Neighborhoods
AirROI's area guide picks eight Vanadzor neighborhoods that draw short-term rental guests, led by Central Vanadzor, Dzoraget River Area and Kirovakan Neighborhood. The picks reflect guest appeal, not earnings data or permit eligibility, so check local permit rules for a specific address before buying.
| Area | Who it suits | Landmarks nearby |
|---|---|---|
| Central Vanadzor | The heart of Vanadzor, close to city amenities, parks, and cultural sites. Ideal for guests who want to explore the local food, shopping, and entertainment scenes. | Vanadzor Park, Lori-Pambak Geological Museum, Vanadzor Art Museum, Local cafes and restaurants, Shopping districts |
| Dzoraget River Area | Scenic area along the Dzoraget River, known for its natural beauty and hiking opportunities. Attracts nature lovers and those looking for a peaceful getaway with outdoor activities. | Dzoraget River, Hiking trails, Picturesque landscapes, Camping spots, Bird watching |
| Kirovakan Neighborhood | A historic neighborhood with Soviet-era architecture, providing a glimpse into the architectural history of Armenia. Close to schools, parks, and local markets. | Kirovakan Park, Historical buildings, Local markets, Cafes, Art spaces |
| Tseghakron | Village located just outside of Vanadzor, known for its beautiful countryside and tranquil environment. Perfect for travelers seeking a rural escape with local hospitality. | Countryside views, Traditional Armenian houses, Local farms, Peaceful environment, Cultural experiences |
| Vahagnadzor | A nearby village that offers an authentic Armenian experience, ideal for guests looking to immerse themselves in local culture and traditions. | Local churches, Wine tasting, Village festivals, Traditional cuisine, Scenic views |
| Artsakh Village | A small, charming village close to Vanadzor, known for its agricultural landscape and local craftsmanship. Great for travelers interested in rural tourism. | Agricultural activities, Craft workshops, Cultural heritage sites, Local festivals, Countryside exploration |
| Vanadzor Botanical Garden | An area surrounding the Botanical Garden that features a diverse range of plant species and peaceful walking paths, appealing to nature enthusiasts and families. | Botanical variety, Walking paths, Picnic areas, Educational tours, Nature observation |
| Tsaghkadzor Resort | A bit further but a well-known resort area for skiing and outdoor activities. Attracts tourists year-round for both winter sports and summer hiking. | Skiing in winter, Hiking in summer, Resort amenities, Cable cars, Beautiful mountain scenery |
Area descriptions are AI-assisted from public sources and are not checked against zoning.
Listings
Vanadzor is a room-rental market as much as a whole-home one: private rooms account for 45% of listings, against 55% for entire homes. Houses (42%) and apartments or condos (39%) split the stock almost evenly.
Private rooms are a large share of supply
Vanadzor Airbnb listings by room type
| Room type | Share of listings | Listings |
|---|---|---|
| Entire home | 54.8% | 17 |
| Private room | 45.2% | 14 |
Houses and apartments split the stock
Vanadzor Airbnb listings by property type
| Property type | Share of listings | Listings |
|---|---|---|
| House | 41.9% | 13 |
| Apartment/Condo | 38.7% | 12 |
| Hotel/Boutique | 19.4% | 6 |
Vanadzor's stock runs small: only 10% of listings have three or more bedrooms, and two-bedroom homes are the most common of the larger sizes (41% of listings). The chart's studio and one-bedroom column also counts private rooms, since Airbnb lists a rented room as one bedroom. Shares are of the 29 listings that give a bedroom count (94% of the market); most of the rest are room rentals.
Vanadzor listings by number of bedrooms
Listings with each number of bedrooms, of those with a bedroom count on file
| Bedrooms | Share of listings with a bedroom count | Listings |
|---|---|---|
| Studio or 1 bedroom | 48.3% | 14 |
| 2 bedrooms | 41.4% | 12 |
| 4 bedrooms | 10.3% | 3 |
Most Vanadzor listings are sized for couples and small families: 62% sleep four guests or fewer, and just 3% take eight or more. Shares are of the 29 listings with a guest capacity on file (94% of the market).
Vanadzor listings by guest capacity
Share of listings by the number of guests they sleep, of those with a capacity on file
| Guest capacity | Share of listings with a capacity on file | Listings |
|---|---|---|
| 2 guests | 31.0% | 9 |
| 3 guests | 3.4% | 1 |
| 4 guests | 27.6% | 8 |
| 5 guests | 13.8% | 4 |
| 6 guests | 20.7% | 6 |
| 8+ guests | 3.4% | 1 |
Washers are close to standard in Vanadzor: 97% of listings have one, and 94% offer free parking on site.
Share of Vanadzor listings with each common amenity
Guests
Vanadzor runs on foreign visitors: 78% of guests who left reviews live outside Armenia. The Netherlands and Germany send the most guests from abroad, with 11% of reviewers each. Guests speak a mix of languages: English leads at 35%, followed by German and Armenian.
78% of Vanadzor guests come from abroad
Where guests who left reviews live
Where Vanadzor guests come from: top cities
Share of guests who left reviews
| Origin city | Share of guests |
|---|---|
| Yerevan | 16.7% |
| Baouchriyeh | 5.6% |
| Dresden | 5.6% |
| Berlin | 5.6% |
| Los Angeles | 5.6% |
Where Vanadzor guests come from: top countries
Share of guests who left reviews
| Origin country | Share of guests |
|---|---|
| Armenia | 22.2% |
| Netherlands | 11.1% |
| Germany | 11.1% |
| Switzerland | 5.6% |
| Hungary | 5.6% |
Languages spoken by Vanadzor guests
Share of guests who left reviews
| Language | Share of guests |
|---|---|
| English | 35.1% |
| German | 13.5% |
| Armenian | 10.8% |
| Russian | 10.8% |
| French | 8.1% |
Booking patterns
All Vanadzor listings are open to guests more than 180 days a year, but none are booked or blocked that many days. The most common booked-or-blocked total is 31 to 90 days a year, covering 84% of listings; blocked nights include any the host closes off.
Days a year Vanadzor listings are open to guests
Share of listings by days a year
| Days a year | Share of listings | Listings |
|---|---|---|
| 271-366 days | 90.3% | 28 |
| 181-270 days | 9.7% | 3 |
Days a year Vanadzor listings are booked or blocked
Share of listings by days a year
| Days a year | Share of listings | Listings |
|---|---|---|
| 91-180 days | 9.7% | 3 |
| 31-90 days | 83.9% | 26 |
| 1-30 days | 6.5% | 2 |
About nine in ten listings in Vanadzor accept stays of one or two nights. A smaller group, 7%, takes only stays of 30 nights or more.
Minimum stay set by Vanadzor listings
Share of listings by the shortest stay they accept, from one night to 30 or more
Flexible is the most common cancellation policy in Vanadzor, used by 100% of listings with a policy on file; it refunds guests in full if they cancel at least a day before check-in. Hosts here lean flexible: all listings with a policy on file offer Flexible or Moderate terms, against none on Firm or stricter ones.
Cancellation policies of Vanadzor listings, from most to least flexible
Share of listings by the policy they use
Top earners
The top-grossing Airbnb in Vanadzor, a two-bedroom unit, took in ֏6,910,000 over the past year, about four times the city's average of ֏1,730,000. Five of the six listings below have two bedrooms or fewer, so size alone doesn't explain the top of this market.
The Nest Entire home · 2 bedrooms
Van Resort VIP with fireplace Entire home · 2 bedrooms
Большой дом с прекрасным видом Private room · 4 bedrooms
Virev guest house Entire home · 1 bedroom
Две комнаты в доме с видом на горы Private room · 2 bedrooms
Двухместная комната в доме с видом на горы Private room · 1 bedroom Nearby markets
Of the four nearby markets in the table, all within 72 km, Yerevan (72 km away) earned the most per listing, about 2.1 times as much as Vanadzor.
| Market | Listings | Avg. annual revenue | Avg. nightly rate | Occupancy |
|---|---|---|---|---|
| Dilijan 33 km | 122 | ֏2,666,782 | ֏45,514 | 26% |
| Tsakhkadzor 36 km | 72 | ֏1,187,974 | ֏46,201 | 20% |
| Gyumri 54 km | 80 | ֏1,025,197 | ֏18,794 | 25% |
| Yerevan 72 km | 2,435 | ֏3,670,699 | ֏30,439 | 44% |
FAQ
An active Vanadzor Airbnb grossed ֏1,731,247 on average in the 12 months to April 2025, according to AirROI's tracking of 31 active listings. That is before cleaning, management, taxes and financing. Busier, better-run listings do far better: the top quarter took in ֏339,000 or more in a typical month.
It depends most on the home's size, location and how it's run. The middle half of Vanadzor listings earn between ֏89,300 and ֏339,000 in a typical month, and the top tenth ֏762,000 or more. For one home, enter its address and bedroom count in the Airbnb calculator: it compares the home with similar listings nearby.
Listings in Vanadzor were booked on 24% of available nights over the past year. That compares with 42% for the national average. October was the busiest month.
The average booked night in Vanadzor cost ֏25,125 before fees. Half of listings charge between ֏9,350 and ֏26,300, so bedroom count and location move the price more than the average suggests.
None of the active Vanadzor listings display a registration, permit or license number. That doesn't mean no rules apply, so confirm registration, permit and tourist-tax rules with the local authority before buying.
Yes, when it's run well. The average Vanadzor Airbnb grossed ֏1,731,247 in the 12 months to April 2025, 50% below the national average of ֏3,470,961, counting listings open only part of the year. A listing at the top-quarter mark, run by its owner with everyday costs for Airbnb's fee, utilities, supplies, upkeep and insurance, has about ֏222,000 a month left before the mortgage or rent, so a home that costs less than that to own or rent makes a profit. Check a specific home in the Airbnb estimator.
May paid best over the past year, at ֏712,000 per active listing, and March paid least. The month-by-month table above shows how rates and bookings each move.
Vanadzor stays were booked 22 days (about three weeks) before arrival on average over the past year, so most of a month is booked well before it starts.
Central Vanadzor, Dzoraget River Area and Kirovakan Neighborhood draw the most short-term rental interest in Vanadzor. The neighborhood guide explains what brings guests to each.
AirROI counted 31 active Airbnb listings in Vanadzor as of April 2025. The closest tracked market is Dilijan, 33 km away.
Method
Figures on this page cover 31 active Airbnb listings in Vanadzor from May 2024 to April 2025 (trailing twelve months). AirROI refreshes them monthly from listing-level booking and calendar data covering 20+ million properties worldwide. AirROI measures bookings in US dollars; this page shows them in Armenian drams at ֏373 per US$, the typical rate from November 2025 to October 2026. Annual revenue averages every listing active during the period, including those listed for only part of it; monthly figures average the listings active in each month; the tier lists show the spread. Neighborhood descriptions are AI-assisted. See the methodology for definitions.
Need this programmatically? The same metrics are available through the AirROI Airbnb Data API and bulk downloads in the data portal.