Airbnb market data · 202612 months to August 2026
Miðvágur, Faroe Islands Airbnb Market Data: Revenue, Occupancy & Trends
The average Airbnb in Miðvágur brought in kr 184,316 over the 12 months through August 2026, across just 22 active listings, so a single property can move that figure.
The short answer
Miðvágur Airbnb Market at a Glance
Listings averaged kr 1,228 a night, about 5% higher than the Vágar region average of kr 1,165, and were booked on 54% of available nights, close to its 55%.
Timing matters: in July, usually the best month, the average listing earns about 7.5 times as much as in February, usually the slowest. With only 22 active listings, a few bookings can reorder the months.
With 22 active listings, Miðvágur is the second-largest of 3 Vágar region markets AirROI tracks.
Browse the live Miðvágur Airbnb market See Every Miðvágur ListingRevenue
How Much Do Airbnb Hosts Make in Miðvágur?
Gross bookings per Miðvágur listing averaged kr 184,316 over the 12 months to August 2026 (Vágar region average: kr 160,578), before cleaning, platform and management costs and taxes.
In a typical year, the average Miðvágur listing brings in kr 36,200 in July, its best month, and kr 4,860 in February, its slowest. The three strongest months bring in 46% of a full year's revenue, where an even calendar would give any three months 25%.
Across Miðvágur's 22 active listings, monthly revenue by tier:
- Best-in-class properties (top 10%) earn kr 33,600+ a month, about twice the typical property.
- Strong performers (top 25%) earn kr 24,400 or more, roughly kr 7,100 a month above the median.
- Typical properties (median) earn about kr 17,300 a month.
- Entry-level properties (bottom 25%) earn kr 11,100 or less, about two-thirds of the median.
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.
July earns about 7.5 times what February does
Average revenue per active listing, by month, August 2024 to July 2026
The dashed line is the average of the months shown, kr 18,200. Each point is one month as recorded, averaged over the listings active in it. The best and slowest months in the text average each calendar month over the past two years, so they can differ from the highest and lowest points here.
Miðvágur Airbnb Data by Month
Latest 12 months in the August 2026 data. August's figures are still coming in, so the rows run to July.
July 2026 led on revenue, nightly rate and bookings alike.
| Month | Avg. Revenue | Occupancy | Avg. Nightly Rate | RevPAR | Booking Lead Time | Avg. Length of Stay |
|---|---|---|---|---|---|---|
| Aug 2025 | kr 35,788 | 81.0% | kr 1,317 | kr 1,154 | 125 days | 3.4 nights |
| Sep 2025 | kr 21,327 | 56.1% | kr 1,270 | kr 711 | 85 days | 3.6 nights |
| Oct 2025 | kr 15,342 | 43.5% | kr 1,162 | kr 495 | 60 days | 3.9 nights |
| Nov 2025 | kr 5,926 | 23.7% | kr 1,086 | kr 198 | 69 days | 4.8 nights |
| Dec 2025 | kr 8,578 | 24.2% | kr 1,104 | kr 277 | 96 days | 5.2 nights |
| Jan 2026 | kr 5,415 | 17.8% | kr 1,095 | kr 175 | 49 days | 4 nights |
| Feb 2026 | kr 4,859 | 19.0% | kr 1,095 | kr 174 | 60 days | 3.7 nights |
| Mar 2026 | kr 12,526 | 41.4% | kr 1,113 | kr 404 | 71 days | 8.3 nights |
| Apr 2026 | kr 17,303 | 47.3% | kr 1,217 | kr 577 | 74 days | 6 nights |
| May 2026 | kr 28,870 | 74.4% | kr 1,320 | kr 931 | 114 days | 4 nights |
| Jun 2026 | kr 35,425 | 85.4% | kr 1,369 | kr 1,181 | 140 days | 4 nights |
| Jul 2026 | kr 39,116 | 87.1% | kr 1,395 | kr 1,262 | 154 days | 4.2 nights |
Averages per active listing in each month. Highlighted: the highest-revenue month of the 12. RevPAR is the month's revenue spread over its nights, booked or not. Booking lead time is the days between booking and check-in, and length of stay the nights per booking, for stays in that month.
The typical Miðvágur listing earns about kr 17,300 a month, but one property can land well above or below that. The Airbnb calculator gives a range for a specific address, built from the comparable listings around it.
Profit
Is an Airbnb in Miðvágur Profitable?
Yes, when it's run well. The average Miðvágur Airbnb took in kr 184,316 in the 12 months to August 2026, and run by its owner at everyday costs, about kr 10,400 a month of that is left after running costs, so a home that costs less than that to own or rent makes money. A listing in the top quarter leaves about kr 14,700 a month.
Cleaning it yourself keeps the kr 18,300 a year guests pay in cleaning fees, for about kr 11,900 a month. Handing the listing to a co-host at about 10% of nightly bookings still leaves about kr 9,000 a month.
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.
Miðvágur Airbnb Income, Expenses and Profit per Year
| Line | Average listing | Top-quarter listing |
|---|---|---|
| Money in | ||
| Nightly bookings | kr 166,016 | kr 234,000 |
| Cleaning fees guests pay10% of Miðvágur bookings | kr 18,300 | kr 25,800 |
| Gross bookings | kr 184,316 | kr 259,800 |
| Running costs | ||
| Airbnb's feeAbout 11%: 15.5% for the 64% of Miðvágur listings on Simplified Pricing, 3% for the rest | −kr 20,200 | −kr 28,500 |
| Cleaning and laundryPaid for by the cleaning fee; kr 0 if you clean yourself | −kr 18,300 | −kr 25,800 |
| Utilities and internetAbout 5% of bookings | −kr 9,200 | −kr 13,000 |
| Guest suppliesToiletries, coffee, paper goods: about 2% | −kr 3,700 | −kr 5,200 |
| Repairs and upkeepIncluding linens and small replacements: about 3% | −kr 5,500 | −kr 7,800 |
| Short-term rental insuranceOne policy, on top of Airbnb's free AirCover | −kr 1,800 | −kr 1,800 |
| Permit and registrationWhere one is required | −kr 900 | −kr 900 |
| Managementkr 0 when you run it; co-hosts charge from about 10% of nightly bookings | kr 0 | kr 0 |
| Pricing and messaging toolsOptional; Airbnb's own tools are free | kr 0 | kr 0 |
| Lodging taxesAdded to the guest's bill and passed on | kr 0 | kr 0 |
| Total running costsAbout 22% of bookings, plus cleaning paid for by the cleaning fee | −kr 59,600 | −kr 83,000 |
| Left for housing costs, then profit | kr 124,716about kr 10,400 a month | kr 176,800about kr 14,700 a month |
| Housing costs | ||
| Mortgage or rent, property tax, home insurance, building or condo fees | Depend on the home | |
Estimate Your Own Miðvágur Airbnb Profit
The estimate starts from Miðvágur'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 Miðvágur 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.
How Miðvágur's Top Earners Get There
- More nights booked. The busiest quarter of Miðvágur listings are booked on 66% or more of their nights, against 48% for the median listing. Ten more booked nights a year at the median rate of kr 1,075 adds about kr 10,700 in bookings.
- Prices that follow demand. Ranked by price, the top quarter charge kr 1,320 a night or more, against a median of kr 1,075. That is a separate ranking from the busiest quarter, so the two marks don't multiply into one listing's takings. For the average listing, a 10% higher rate on the nights it already books adds about kr 16,600 a year.
- Open for the busy months. In a typical year, July brings the average listing about kr 36,200, against kr 4,860 in February, so a calendar that is open and full in the busy months carries the year.
- Reviews that stand out. Miðvágur listings average 4.88 stars, and 82% carry Airbnb's Guest Favorite badge, which guests can filter for.
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 kr 21,700 a month, against kr 15,400 for the average one.
Occupancy
What Is the Airbnb Occupancy Rate in Miðvágur?
Miðvágur listings were booked on 54% of the nights they were open over the past year, in line with the Vágar region average and 9 percentage points above the Faroe Islands average (45%). In a typical year, occupancy swings from 19% in February to 83% in July.
Across Miðvágur's 22 active listings, the share of open nights booked by tier:
- Best-in-class properties (top 10%) are booked 75%+ of open nights, 27 points above the median.
- Strong performers (top 25%) fill 66% or more, roughly five nights a week.
- Typical properties (median) fill about 48% of open nights.
- Entry-level properties (bottom 25%) fill 36% or less, under three nights a week.
July is usually the busiest month in Miðvágur, February the quietest
Share of open nights booked, by month, August 2024 to July 2026
Nightly rates
How Much Does an Airbnb Cost per Night in Miðvágur?
The average nightly rate in Miðvágur, known as ADR (average daily rate), was kr 1,228 over the past year, about 5% above the Vágar region average of kr 1,165 and about 11% below the Faroe Islands average of kr 1,385. In a typical year, rates peak in June and July at about kr 1,340 and bottom out in November at about kr 1,000.
Across Miðvágur's 22 active listings, nightly rates by tier:
- Best-in-class properties (top 10%) charge kr 2,070+ a night, about twice the median.
- Strong performers (top 25%) charge kr 1,320 or more, about kr 250 above the median.
- Typical properties (median) charge about kr 1,075 a night.
- Entry-level properties (bottom 25%) charge kr 860 or less, about 80% of the median.
July rates run 34% above November's
Average nightly rate (ADR), by month, August 2024 to July 2026
The dashed line is the average of the months shown, kr 1,120. The 12-month ADR of kr 1,228 averages each listing's own rate across its whole year; the monthly points average listings month by month, so the two differ.
What Is the RevPAR for Airbnb in Miðvágur?
RevPAR, or revenue per available night, divides a listing's income by every night it was open to book, so it rises with both price and bookings. In Miðvágur it averaged kr 719 over the past year, from about kr 174 in a typical February to about kr 1,170 in a typical July.
Across Miðvágur's 22 active listings, RevPAR by tier:
- Best-in-class properties (top 10%) earn kr 1,210+ per open night, about twice the median.
- Strong performers (top 25%) earn kr 878 or more, about kr 250 a night above the median.
- Typical properties (median) earn about kr 628 per open night.
- Entry-level properties (bottom 25%) earn kr 485 or less, about three-quarters of the median.
July RevPAR is about 6.7 times February's
Revenue per open night (RevPAR), by month, August 2024 to July 2026
The dashed line is the average of the months shown, kr 597. The 12-month RevPAR of kr 719 averages each listing's whole year, slow months included; each month here counts only the listings booked in it.
Seasonality
Best and Worst Months for Airbnb in Miðvágur
With only 22 active listings, the monthly pattern in Miðvágur is noisy, since a few long or pricey stays can lift a month; revenue has tended to peak in July and bottom out in February.
Average revenue by month in Miðvágur
Average revenue per active listing, each calendar month averaged over the past two years
The dashed line is the average of the 12 calendar months, kr 17,900.
Revenue by month in Miðvágur in numbers
| Month | Revenue per listing |
|---|---|
| January | kr 6,970 |
| February | kr 4,860 |
| March | kr 13,000 |
| April | kr 16,300 |
| May | kr 25,600 |
| June | kr 31,000 |
| July | kr 36,200 |
| August | kr 30,800 |
| September | kr 20,200 |
| October | kr 15,300 |
| November | kr 6,370 |
| December | kr 8,650 |
How Far in Advance Do Guests Book Airbnb in Miðvágur?
Guests book Miðvágur stays 105 days ahead on average (about three and a half months), so guests here plan well ahead. July stays are booked furthest out, about 141 days ahead, and February stays closest to arrival, about 60 days. A typical July booking is made in late February.
July stays are booked furthest ahead
Average days between booking and check-in, by month of stay, August 2024 to July 2026
The 12-month figure of 105 days averages each listing's year as a whole; each month here averages only the listings with stays in it.
Permits
Airbnb Permits and Registration in Miðvágur
None of the 22 active listings in Miðvágur 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 Miðvágur.
Neighborhoods
Best Neighborhoods for Airbnb in Miðvágur
AirROI's area guide picks eight Miðvágur neighborhoods that draw short-term rental guests, led by Miðvágur Town Center, Lake Vágar and Sørvágsvatn. 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 |
|---|---|---|
| Miðvágur Town Center | The heart of Miðvágur, offering beautiful views and convenient access to local shops and restaurants. Perfect for tourists looking to experience local culture while being close to attractions. | Miðvágur Church, Lake Vágar, Local shops and cafes, Nearby hiking trails, Scenic viewpoints |
| Lake Vágar | A stunning natural landscape ideal for nature lovers and outdoor activities. Perfect for those wanting to experience tranquility and beautiful scenery. | Lake Vágar, Bøsdalafossur Waterfall, Hiking trails around the lake, Bird watching, Fishing opportunities |
| Sørvágsvatn | Known for the optical illusion of floating above the ocean, it's a popular tourist spot and hence great for hosting guests seeking unique experiences. | Sørvágsvatn Lake, Hiking routes to the lake, Photo opportunities, Guided tours, Scenic nature walks |
| Bøur Village | A picturesque village known for its historic grass-roofed houses and stunning views of the sea and mountains. Attracts those looking for a quiet, picturesque stay. | Bøur's Old Village, Grassy rooftops, Views of Tindholmur, Local culture, Coastal walks |
| Gásadalur | A remote, scenic village ideal for those looking to escape the hustle and bustle. Famous for its waterfall and dramatic landscapes. | Múlagljúfur Canyon, Gásadalur Waterfall, Hiking trails, Picturesque village., Wildlife watching |
| Múlafossur Waterfall | A stunning waterfall that attracts visitors for its breathtaking views. Perfect for nature enthusiasts and those seeking photographic opportunities. | Múlafossur Waterfall, Hiking trails nearby, Scenic viewpoints, Nature walks, Photography spots |
| Sandavágur | A neighboring village with beautiful landscapes and access to several outdoor activities. Great for tourists wanting to explore more of Vágar. | Sandavágur Church, Local shops, Good hiking areas, Scenic views, Coastal paths |
| Lítla Dímun | A small island nearby that offers serene landscapes and unique experiences for adventurers. Perfect for those looking for more secluded options. | Island hikes, Bird watching, Secluded beaches, Scenic cliffs, Historic sites |
Area descriptions are AI-assisted from public sources and are not checked against zoning.
Nearby markets
Miðvágur vs. Nearby Airbnb Markets
Miðvágur out-earns every one of the five nearby markets in the table, all within 37 km; the best of them, Klaksvik, averaged about 16% less per listing.
| Market | Listings | Avg. annual revenue | Avg. nightly rate | Occupancy |
|---|---|---|---|---|
| Sørvágur 7 km | 33 | kr 144,757 | kr 1,126 | 55% |
| Hoyvík 22 km | 56 | kr 110,716 | kr 1,521 | 44% |
| Tórshavn 22 km | 293 | kr 141,446 | kr 1,438 | 44% |
| Argir 22 km | 37 | kr 107,058 | kr 1,372 | 43% |
| Klaksvik 37 km | 43 | kr 154,529 | kr 1,186 | 53% |
FAQ
Miðvágur Airbnb FAQ
How much do Airbnb hosts make in Miðvágur?
An active Miðvágur Airbnb grossed kr 184,316 on average in the 12 months to August 2026, according to AirROI's tracking of 22 active listings. That is before cleaning, management, taxes and financing. Busier, better-run listings do far better: the top quarter took in kr 24,400 or more in a typical month.
How much can I make on Airbnb in Miðvágur?
It depends most on the home's size, location and how it's run. The middle half of Miðvágur listings earn between kr 11,100 and kr 24,400 in a typical month, and the top tenth kr 33,600 or more. For one home, enter its address and bedroom count in the Airbnb income calculator: it compares the home with similar listings nearby.
What is the average Airbnb occupancy rate in Miðvágur?
Listings in Miðvágur were booked on 54% of available nights over the past year. That compares with 55% for the Vágar region average. July is usually the busiest month.
How much does an Airbnb cost per night in Miðvágur?
The average booked night in Miðvágur cost kr 1,228 before fees. Half of listings charge between kr 860 and kr 1,320, so bedroom count and location move the price more than the average suggests.
Do you need a permit for an Airbnb in Miðvágur?
None of the active Miðvágur 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.
Is Airbnb profitable in Miðvágur?
Yes, when it's run well. The average Miðvágur Airbnb grossed kr 184,316 in the 12 months to August 2026, 15% above the Vágar region average of kr 160,578, though with only 22 active listings a single property can move that figure. Run by its owner, with the cleaning fee covering the cleaner and everyday costs for Airbnb's fee, utilities, supplies, upkeep and insurance, kr 124,716 a year (about kr 10,400 a month) is left before the mortgage or rent. A home that costs less than that to own or rent makes a profit, and a listing at the top-quarter mark leaves about kr 14,700 a month. Check a specific home in the Airbnb estimator.
When is Airbnb peak season in Miðvágur?
July usually pays best, averaging kr 36,200 per active listing over the past two years, and February usually pays least. The month-by-month table above shows how the latest 12 months played out.
What is the Airbnb RevPAR in Miðvágur?
Each night a Miðvágur listing was open to book earned kr 719 on average over the past year, booked or not. That figure, revenue per available night (RevPAR), folds price and occupancy into one number; the top 10% of listings made kr 1,210 or more.
How far in advance do guests book Airbnbs in Miðvágur?
Miðvágur stays were booked 105 days (about three and a half months) before arrival on average over the past year, so a listing that opens its calendar late misses many bookings.
How long do guests stay at Airbnbs in Miðvágur?
The average Miðvágur Airbnb stay lasted 4.7 nights over the past year. A listing took 31 reservations over the year on average.
How are Airbnbs in Miðvágur rated?
Guests rate Miðvágur Airbnbs 4.88 out of 5 on average. Guests score check-in highest and value lowest.
What are the best neighborhoods for Airbnb in Miðvágur?
Miðvágur Town Center, Lake Vágar and Sørvágsvatn draw the most short-term rental interest in Miðvágur. The neighborhood guide explains what brings guests to each.
How many Airbnbs are there in Miðvágur?
AirROI counted 22 active Airbnb listings in Miðvágur as of August 2026. The closest tracked market is Sørvágur, 7 km away.
How much are Airbnb cleaning fees in Miðvágur?
In Miðvágur, nearly three-quarters of listings add a cleaning fee, and the typical fee is about kr 463.
Method
About This Data
Figures on this page cover 22 active Airbnb listings in Miðvágur from September 2025 to August 2026 (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 Danish kroner at kr 6.43 per US$, the typical rate from October 2025 to September 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.