Airbnb market data · 202612 months to April 2026
Santiago, Panama Airbnb Market Data: Revenue, Occupancy & Trends
The average Airbnb in Santiago brought in US$3,160 over the 12 months through April 2026, across just 18 active listings, so a single property can move that figure.
AirROI's latest figures for Santiago run through April 2026.
The short answer
Santiago Airbnb Market at a Glance
Listings averaged $63 a night and were booked on 22% of available nights.
Timing matters: in January, the best month, the average listing earned about 2.2 times as much as in August, the slowest. With only 18 active listings, a few bookings can reorder the months.
With 18 active listings, Santiago is the third-largest of 3 Veraguas markets AirROI tracks.
Browse the live Santiago Airbnb market See Every Santiago ListingRevenue
How Much Do Airbnb Hosts Make in Santiago?
Gross bookings per Santiago listing averaged $3,160 over the 12 months to April 2026 (Veraguas average: $12,942), before cleaning, platform and management costs and taxes.
The average Santiago listing brought in $587 in January, its best month, and $271 in August, its slowest. The three strongest months bring in 34% of a full year's revenue, where an even calendar would give any three months 25%.
Across Santiago's 18 active listings, monthly revenue by tier:
- Best-in-class properties (top 10%) earn $1,030+ a month, about 5.5 times the typical property.
- Strong performers (top 25%) earn $523 or more, roughly $340 a month above the median.
- Typical properties (median) earn about $187 a month.
- Entry-level properties (bottom 25%) earn $100 or less, about half 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.
January earned about 2.2 times what August did
Average revenue per active listing, by month
Dashed: April left out, as the latest month's data looks incomplete.
Santiago Airbnb Data by Month
Latest 12 months in the April 2026 data.
January led on revenue. Nightly rates peaked in June and bookings in February, so the best-paying month is not always the busiest or the priciest.
| Month | Avg. Revenue | Occupancy | Avg. Nightly Rate | RevPAR | Booking Lead Time | Avg. Length of Stay |
|---|---|---|---|---|---|---|
| May 2025 | $480 | 23.1% | $68 | $15 | 10 days | 3.2 nights |
| Jun 2025 | $300 | 14.8% | $68 | $10 | 24 days | 1.6 nights |
| Jul 2025 | $530 | 22.3% | $66 | $17 | 11 days | 3.7 nights |
| Aug 2025 | $271 | 9.4% | $67 | $9 | 18 days | 2 nights |
| Sep 2025 | $340 | 19.3% | $67 | $11 | 9 days | 1.8 nights |
| Oct 2025 | $304 | 16.5% | $67 | $10 | 10 days | 1.5 nights |
| Nov 2025 | $298 | 18.0% | $65 | $10 | 5 days | 2.1 nights |
| Dec 2025 | $562 | 26.3% | $65 | $18 | 29 days | 6.2 nights |
| Jan 2026 | $587 | 31.7% | $63 | $19 | 68 days | 4.1 nights |
| Feb 2026 | $523 | 35.4% | $63 | $19 | 19 days | 3.1 nights |
| Mar 2026 | $384 | 24.3% | $65 | $12 | 12 days | 1.8 nights |
| Apr 2026* | $314 | 17.6% | $66 | $10 | 10 days | 1.9 nights |
Averages per active listing in each month. Highlighted: the highest-revenue month. 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. *Apr 2026 is the latest month and looks incomplete: its occupancy sits well below the calendar months either side of it, as the latest month often does before late bookings are recorded. It may be revised and is not counted as a best or worst month.
These are market-wide figures. To see what one particular Santiago home could earn, enter its address, bedrooms and guests in the Airbnb estimator; it compares the home with similar listings nearby.
Profit
Is an Airbnb in Santiago Profitable?
Yes, when it's run well. The average Santiago Airbnb took in $3,160 in the 12 months to April 2026, an average that counts every active listing, including those open only part of the year. A listing in the top quarter took in about $8,830, and run by its owner at everyday costs, about $530 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.
Santiago Airbnb Income, Expenses and Profit per Year
| Line | Average listing | Top-quarter listing |
|---|---|---|
| Money in | ||
| Nightly bookings | $3,040 | $8,500 |
| Cleaning fees guests pay4% of Santiago bookings | $120 | $330 |
| Gross bookings | $3,160 | $8,830 |
| Running costs | ||
| Airbnb's feeAbout 13%: 15.5% for the 83% of Santiago listings on Simplified Pricing, 3% for the rest | −$420 | −$1,180 |
| Cleaning and laundryPaid for by the cleaning fee; $0 if you clean yourself | −$120 | −$330 |
| Utilities and internetAbout 5% of bookings | −$160 | −$440 |
| Guest suppliesToiletries, coffee, paper goods: about 2% | −$60 | −$180 |
| Repairs and upkeepIncluding linens and small replacements: about 3% | −$90 | −$260 |
| Short-term rental insuranceOne policy, on top of Airbnb's free AirCover | −$30 | −$30 |
| Permit and registrationWhere one is required | −$20 | −$20 |
| 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 25% of bookings, plus cleaning paid for by the cleaning fee | −$900 | −$2,440 |
| Left for housing costs, then profit | $2,260about $190 a month | $6,390about $530 a month |
| Housing costs | ||
| Mortgage or rent, property tax, home insurance, building or condo fees | Depend on the home | |
Estimate Your Own Santiago Airbnb Profit
The estimate starts from Santiago'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 Santiago 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 Santiago's Top Earners Get There
- More nights booked. The busiest quarter of Santiago listings are booked on 30% or more of their nights, against 12% for the median listing. Ten more booked nights a year at the median rate of $52 adds about $521 in bookings.
- Prices that follow demand. Ranked by price, the top quarter charge $71 a night or more, against a median of $52. 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 $300 a year.
- Open for the busy months. January brought the average listing about $587, against $271 in August, so a calendar that is open and full in the busy months carries the year.
- Reviews that stand out. Santiago listings average 4.74 stars, and 28% 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 $740 a month, against $260 for the average one.
Occupancy
What Is the Airbnb Occupancy Rate in Santiago?
Santiago listings were booked on 22% of the nights they were open over the past year, 11 percentage points below the Veraguas average (33%) and 16 points below the Panama average (38%). Occupancy swings from 9% in August to 35% in February.
Across Santiago's 18 active listings, the share of open nights booked by tier:
- Best-in-class properties (top 10%) are booked 56%+ of open nights, 44 points above the median.
- Strong performers (top 25%) fill 30% or more, roughly two nights a week.
- Typical properties (median) fill about 12% of open nights.
- Entry-level properties (bottom 25%) fill 6% or less, less than one night a week.
February was the busiest month in Santiago, August the quietest
Share of open nights booked, by month
Dashed: April data incomplete.
Nightly rates
How Much Does an Airbnb Cost per Night in Santiago?
The average nightly rate in Santiago, known as ADR (average daily rate), was $63 over the past year, about 50% below the Veraguas average of $125 and about 61% below the Panama average of $160. Averaged month by month, rates barely change through the year, staying between about $63 and $68.
Across Santiago's 18 active listings, nightly rates by tier:
- Best-in-class properties (top 10%) charge $110+ a night, about 2.2 times the median.
- Strong performers (top 25%) charge $71 or more, about $19 above the median.
- Typical properties (median) charge about $52 a night.
- Entry-level properties (bottom 25%) charge $46 or less, about 12% below the median.
Average nightly rate by month in Santiago
Average nightly rate (ADR), by month
Dashed: April data incomplete.
What Is the RevPAR for Airbnb in Santiago?
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 Santiago it averaged $13 over the past year, from about $9 in August to about $19 in January.
Across Santiago's 18 active listings, RevPAR by tier:
- Best-in-class properties (top 10%) earn $39+ per open night, about five times the median.
- Strong performers (top 25%) earn $18 or more, about $10 a night above the median.
- Typical properties (median) earn about $8 per open night.
- Entry-level properties (bottom 25%) earn $5 or less, about two-thirds of the median.
January RevPAR was about 2.2 times August's
Revenue per open night (RevPAR), by month
Dashed: April data incomplete.
Seasonality
Best and Worst Months for Airbnb in Santiago
With only 18 active listings, the monthly pattern in Santiago is noisy, since a few long or pricey stays can lift a month; revenue peaked in January and bottomed out in August.
How Far in Advance Do Guests Book Airbnb in Santiago?
Guests book Santiago stays 22 days ahead on average (about three weeks). January stays are booked furthest out, about 68 days ahead, and November stays closest to arrival, about 5 days. A typical January booking is made in early November.
January stays are booked furthest ahead
Average days between booking and check-in, by month of stay
Dashed: April data incomplete. 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
Airbnb Permits and Registration in Santiago
None of the 18 active listings in Santiago 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 Santiago.
Neighborhoods
Best Neighborhoods for Airbnb in Santiago
AirROI's area guide picks seven Santiago neighborhoods that draw short-term rental guests, led by El Cebollar, Santiago City Center and Santa Fe. 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 |
|---|---|---|
| El Cebollar | A scenic area known for its natural beauty and tranquility, attracting nature lovers and eco-tourists. It offers a peaceful retreat with beautiful views and easy access to the outdoors. | Panama Canal, Waterfalls of El Cebollar, Hiking trails, Biodiversity of Veraguas |
| Santiago City Center | The bustling heart of Santiago, ideal for visitors who want to be close to shops, restaurants, and local culture. It is a hub for business and travel in the region. | National Cathedral of Santiago, Plaza de Santiago, Local Markets, Cultural Events |
| Santa Fe | A charming town surrounded by lush mountains, known for its coffee culture and eco-tourism opportunities. Perfect for those interested in outdoor activities and local flavors. | Coffee Plantations, Santa Fe National Park, Birdwatching Tours |
| San Francisco de la Montaña | A quiet, picturesque location popular among travelers seeking serenity and the chance to explore the mountainous countryside of Veraguas. | Natural Parks, Mountain Trails, Local Wildlife |
| Cerro Hoya National Park | An ideal spot for adventurous travelers and nature enthusiasts looking to explore one of Panama's most biodiverse areas. Perfect for hiking and wildlife watching. | Diverse Flora and Fauna, Hiking Routes, Stunning Coastlines |
| Chitré | A nearby town known for its rich cultural history and access to local fairs. A great place for experiencing traditional Panamanian life. | Museo de Chitré, Local Festivals, Cultural Heritage Sites |
| Los Santos | Famous for its historical significance and proximity to the Azuero Peninsula, this area attracts history buffs and cultural explorers. | Historical Museums, Cultural Events, Beautiful Beaches |
Area descriptions are AI-assisted from public sources and are not checked against zoning.
Nearby markets
Santiago vs. Nearby Airbnb Markets
Of the eight nearby markets in the table, all within 99 km, El Chirú (95 km away, 78 listings) earned the most per listing, about 7.2 times as much as Santiago. Hicaco was the busiest, booked on 36% of nights against 22% in Santiago.
| Market | Listings | Avg. annual revenue | Avg. nightly rate | Occupancy |
|---|---|---|---|---|
| Santa Catalina 54 km | 37 | $8,294 | $96 | 35% |
| Hicaco 54 km | 63 | $14,350 | $122 | 36% |
| Torio 55 km | 54 | $7,969 | $100 | 30% |
| Las Lajas 56 km | 62 | $12,331 | $154 | 33% |
| Las Tablas 83 km | 52 | $2,974 | $111 | 18% |
| El Chirú 95 km | 78 | $22,743 | $347 | 28% |
| Rio Hato 98 km | 167 | $13,399 | $229 | 27% |
| Farallon 99 km | 186 | $11,734 | $203 | 25% |
FAQ
Santiago Airbnb FAQ
How much do Airbnb hosts make in Santiago?
An active Santiago Airbnb grossed US$3,160 on average in the 12 months to April 2026, according to AirROI's tracking of 18 active listings. That is before cleaning, management, taxes and financing. Busier, better-run listings do far better: the top quarter took in US$523 or more in a typical month.
How much can I make on Airbnb in Santiago?
It depends most on the home's size, location and how it's run. The middle half of Santiago listings earn between US$100 and US$523 in a typical month, and the top tenth US$1,030 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 Santiago?
Listings in Santiago were booked on 22% of available nights over the past year. That compares with 33% for the Veraguas average. February was the busiest month.
How much does an Airbnb cost per night in Santiago?
The average booked night in Santiago cost US$63 before fees. Half of listings charge between US$46 and US$71, so bedroom count and location move the price more than the average suggests.
Do you need a permit for an Airbnb in Santiago?
None of the active Santiago 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 Santiago?
Yes, when it's run well. The average Santiago Airbnb grossed US$3,160 in the 12 months to April 2026, 76% below the Veraguas average of US$12,942, though with only 18 active listings a single property can move that figure, counting listings open only part of the year. A listing at the top-quarter mark, run by its owner with the cleaning fee covering the cleaner and everyday costs for Airbnb's fee, utilities, supplies, upkeep and insurance, has about US$530 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 calculator.
When is Airbnb peak season in Santiago?
January paid best over the past year, at US$587 per active listing, and August paid least. The month-by-month table above shows how rates and bookings each move.
What is the Airbnb RevPAR in Santiago?
Each night a Santiago listing was open to book earned US$13 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 US$39 or more.
How far in advance do guests book Airbnbs in Santiago?
Santiago 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.
How long do guests stay at Airbnbs in Santiago?
The average Santiago Airbnb stay lasted 3.5 nights over the past year. A listing took 10 reservations over the year on average.
How are Airbnbs in Santiago rated?
Guests rate Santiago Airbnbs 4.74 out of 5 on average. Guests score communication highest and location lowest.
What are the best neighborhoods for Airbnb in Santiago?
El Cebollar, Santiago City Center and Santa Fe draw the most short-term rental interest in Santiago. The neighborhood guide explains what brings guests to each.
How many Airbnbs are there in Santiago?
AirROI counted 18 active Airbnb listings in Santiago as of April 2026. The closest tracked market is Santa Catalina, 54 km away.
How much are Airbnb cleaning fees in Santiago?
In Santiago, about half of listings add a cleaning fee, and the typical fee is about US$8.
Method
About This Data
Figures on this page cover 18 active Airbnb listings in Santiago from May 2025 to April 2026 (trailing twelve months). AirROI refreshes them monthly from listing-level booking and calendar data covering 20+ million properties worldwide. Money figures are in U.S. dollars. 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.