What Are the Best Places to Invest in Airbnb in Peru?

Source: AirROI Reviewed by Jun Zhou , Founder @ AirROI
Updated:

The short-term rental market in Peru spans 100 cities tracked in AirROI's 2026 dataset, ranging from mature urban markets with thousands of active listings to emerging destinations where early operators still have pricing leverage. Supply growth, regulation, and seasonal demand vary significantly across the region — making market selection one of the highest-leverage decisions an Airbnb investor can make.

This page ranks the best Airbnb markets in Peru across four dimensions: market depth (active listings), revenue, nightly rate (ADR), and occupancy rate. Lima Metropolitan Area, Lima leads by market size with 10,401 active listings and $528/month revenue. Across all ranked markets, average occupancy is 26.2% with $362/month in average revenue and $85/night ADR. 100 of 100 markets carry a low regulation profile — a key consideration for investors evaluating compliance costs and time-to-market.

Rankings based on AirROI's analysis of 20,000,000+ short-term rental listings across revenue, ADR, occupancy, and regulation. See ranking methodology.

Top Airbnb Markets in Peru by Active Listings

Active listing count is the most direct measure of a market's depth, maturity, and investor confidence. Cities with the most Airbnb listings in Peru attract the highest volume of travelers and offer the most reliable benchmarking data for pricing and revenue projections. Lima Metropolitan Area, Lima leads with 10,401 active short-term rental listings and $528/month in average revenue.

#MarketActive Listings (TTM)Revenue/moADROccupancyRegulation
1Lima Metropolitan Area, Lima10,401$528$7335.4%Low
2Lima, Provincia de Lima2,125$381$6140.7%Low
3Distrito de Cusco, Cusco1,929$404$4536.6%Low
4Arequipa, Arequipa1,029$233$4229.4%Low
5Cuzco, Cuzco877$165$3830.9%Low
6Ica, Ica524$267$6521.4%Low
7Cajamarca, Cajamarca507$152$4024.4%Low
8Wanchaq, Cusco477$352$4333.7%Low
9Puno, Puno467$178$4423.9%Low
10Máncora, Piura456$966$15626.2%Low
11Asia, Lima447$627$21420.4%Low
12Trujillo, La Libertad430$160$3726.6%Low
13Barranco, Lima Province424$364$4942.9%Low
14Huaraz, Ancash421$155$3924.1%Low
15Miraflores, Provincia de Lima379$680$6343.9%Low
16Oxapampa, Pasco345$211$6921.1%Low
17Tarapoto, San Martín341$207$4426.9%Low
18Los Órganos, Piura333$1,066$19324.4%Low
19Paracas, Ica332$713$16920.8%Low
20San Miguel, Lima Province332$221$4434.1%Low
21Iquitos, Loreto311$173$3726.9%Low
22Ayacucho, Ayacucho308$118$3621.6%Low
23Piura, Piura308$196$4925.6%Low
24Tacna, Tacna305$146$3725.1%Low
25Chiclayo, Lambayeque289$172$3826.3%Low
26Cerro Azul, Lima282$508$19019.6%Low
27Urubamba, Cusco275$443$8624.7%Low
28Machupicchu, Cusco274$287$5027.1%Low
29San Isidro, Lima Province264$391$5740.7%Low
30Cusco, Cuzco258$406$4438.8%Low
31District of Zorritos, Tumbes238$708$16620.7%Low
32Jesús María, Lima Province222$298$4739.6%Low
33Pisac, Cusco208$296$4430.5%Low
34Yanahuara, Arequipa194$221$3931.4%Low
35District of Canoas de Punta Sal, Tumbes192$1,223$21622.5%Low
36Ollantaytambo, Cusco185$270$5324.5%Low
37Cayma, Arequipa179$298$4634.7%Low
38Huancayo, Junín179$129$3423.7%Low
39Magdalena del Mar, Lima Province162$298$5437.8%Low
40Santiago, Cusco158$256$4431.0%Low
41Santiago de Surco, Lima Province145$272$5036.2%Low
42Cerro Colorado, Arequipa144$225$4929.3%Low
43Calca, Cusco140$572$10529.2%Low
44Mala, Lima134$655$20919.2%Low
45San Antonio, Lima133$709$21921.1%Low
46Huanchaco, La Libertad131$237$6123.3%Low
47José Luis Bustamante y Rivero, Arequipa122$171$3827.5%Low
48Víctor Larco Herrera, La Libertad120$207$4027.6%Low
49Mollendo, Arequipa118$260$8523.0%Low
50La Victoria, Lima Province117$241$4736.6%Low
51Independencia, Ancash115$109$4522.4%Low
52Lunahuaná, Lima115$514$14915.8%Low
53Surquillo, Lima Province103$255$4340.4%Low
54Cusco, Cusco102$320$4034.9%Low
55Pimentel, Lambayeque102$224$6023.7%Low
56Callao, Callao Region100$123$3128.2%Low
57San Bartolo, Provincia de Lima97$490$12927.4%Low
58Punta Hermosa, Lima Province94$653$14830.0%Low
59Chontabamba, Pasco84$275$8119.1%Low
60El Carmen, Ica82$1,076$26621.2%Low
61El Tambo, Junín82$88$3418.3%Low
62Santa Cruz de Flores, Lima81$963$24122.1%Low
63Pueblo Libre, Lima Province76$186$3837.8%Low
64Aguas Calientes, Cuzco74$153$4322.6%Low
65Pisco, Ica73$176$6518.9%Low
66San Sebastián, Cusco72$127$3525.8%Low
67Miraflores, Arequipa67$206$3235.4%Low
68Cieneguilla, Provincia de Lima65$1,208$26227.1%Low
69Los Baños del Inca, Cajamarca63$171$6320.7%Low
70Ilo, Moquegua62$169$6223.2%Low
71Punta Negra, Provincia de Lima61$451$15221.9%Low
72Pucallpa, Ucayali61$111$3727.6%Low
73Chincha Baja, Ica60$1,101$24822.7%Low
74Chachapoyas, Amazonas59$121$4420.7%Low
75Colán, Piura59$281$14613.1%Low
76Nuevo Chimbote, Ancash56$153$3623.1%Low
77Tambopata, Madre de Dios56$230$5122.1%Low
78Samuel Pastor, Arequipa55$219$13517.0%Low
79San Borja, Lima Province55$199$3835.1%Low
80Castilla, Piura53$118$3225.5%Low
81Callería, Ucayali52$174$2928.6%Low
82Chilca, Lima50$500$18818.1%Low
83Huayllabamba, Cusco49$1,166$16128.0%Low
84Huánuco, Huánuco49$123$3323.8%Low
85Pacasmayo, La Libertad49$160$5917.7%Low
86Rupa-Rupa, Huánuco48$155$4718.9%Low
87Chorrillos, Lima Province48$171$4527.7%Low
88Pachacámac, Provincia de Lima47$1,107$25026.0%Low
89Barranca, Lima43$239$8119.8%Low
90Santa Eulalia, Lima42$743$20718.2%Low
91Huancabamba, Pasco42$400$12019.7%Low
92Comandante Noel, Ancash40$331$13920.5%Low
93San Ramón, Junín40$209$9916.1%Low
94Huanchaco District, La Libertad40$169$5724.7%Low
95Moyobamba, San Martín40$136$4320.9%Low
96La Banda de Shilcayo, San Martín36$431$6524.0%Low
97Breña, Lima Province35$189$3935.8%Low
98San Juan Bautista, Loreto35$255$7719.2%Low
99Yarinacocha, Ucayali35$112$2423.6%Low
100Santa Rosa de Quives, Lima34$534$18615.9%Low

Most Profitable Airbnb Markets in Peru by Revenue

The most profitable Airbnb cities in Peru are those where hosts earn the highest average monthly revenue per listing — the single most telling indicator of a market's income potential. District of Canoas de Punta Sal, Tumbes leads with $1,223/month at $216 ADR and 22.5% occupancy. Whether you are evaluating your first STR investment or benchmarking an existing property, these top-earning Airbnb markets show where vacation rentals generate the greatest short-term rental income.

#MarketRevenue/moActive Listings (TTM)ADROccupancyRegulation
1District of Canoas de Punta Sal, Tumbes$1,223192$21622.5%Low
2Cieneguilla, Provincia de Lima$1,20865$26227.1%Low
3Huayllabamba, Cusco$1,16649$16128.0%Low
4Pachacámac, Provincia de Lima$1,10747$25026.0%Low
5Chincha Baja, Ica$1,10160$24822.7%Low
6El Carmen, Ica$1,07682$26621.2%Low
7Los Órganos, Piura$1,066333$19324.4%Low
8Máncora, Piura$966456$15626.2%Low
9Santa Cruz de Flores, Lima$96381$24122.1%Low
10Santa Eulalia, Lima$74342$20718.2%Low
11Paracas, Ica$713332$16920.8%Low
12San Antonio, Lima$709133$21921.1%Low
13District of Zorritos, Tumbes$708238$16620.7%Low
14Miraflores, Provincia de Lima$680379$6343.9%Low
15Mala, Lima$655134$20919.2%Low
16Punta Hermosa, Lima Province$65394$14830.0%Low
17Asia, Lima$627447$21420.4%Low
18Calca, Cusco$572140$10529.2%Low
19Santa Rosa de Quives, Lima$53434$18615.9%Low
20Lima Metropolitan Area, Lima$52810,401$7335.4%Low
21Lunahuaná, Lima$514115$14915.8%Low
22Cerro Azul, Lima$508282$19019.6%Low
23Chilca, Lima$50050$18818.1%Low
24San Bartolo, Provincia de Lima$49097$12927.4%Low
25Punta Negra, Provincia de Lima$45161$15221.9%Low
26Urubamba, Cusco$443275$8624.7%Low
27La Banda de Shilcayo, San Martín$43136$6524.0%Low
28Cusco, Cuzco$406258$4438.8%Low
29Distrito de Cusco, Cusco$4041,929$4536.6%Low
30Huancabamba, Pasco$40042$12019.7%Low
31San Isidro, Lima Province$391264$5740.7%Low
32Lima, Provincia de Lima$3812,125$6140.7%Low
33Barranco, Lima Province$364424$4942.9%Low
34Wanchaq, Cusco$352477$4333.7%Low
35Comandante Noel, Ancash$33140$13920.5%Low
36Cusco, Cusco$320102$4034.9%Low
37Jesús María, Lima Province$298222$4739.6%Low
38Cayma, Arequipa$298179$4634.7%Low
39Magdalena del Mar, Lima Province$298162$5437.8%Low
40Pisac, Cusco$296208$4430.5%Low
41Machupicchu, Cusco$287274$5027.1%Low
42Colán, Piura$28159$14613.1%Low
43Chontabamba, Pasco$27584$8119.1%Low
44Santiago de Surco, Lima Province$272145$5036.2%Low
45Ollantaytambo, Cusco$270185$5324.5%Low
46Ica, Ica$267524$6521.4%Low
47Mollendo, Arequipa$260118$8523.0%Low
48Santiago, Cusco$256158$4431.0%Low
49San Juan Bautista, Loreto$25535$7719.2%Low
50Surquillo, Lima Province$255103$4340.4%Low
51La Victoria, Lima Province$241117$4736.6%Low
52Barranca, Lima$23943$8119.8%Low
53Huanchaco, La Libertad$237131$6123.3%Low
54Arequipa, Arequipa$2331,029$4229.4%Low
55Tambopata, Madre de Dios$23056$5122.1%Low
56Cerro Colorado, Arequipa$225144$4929.3%Low
57Pimentel, Lambayeque$224102$6023.7%Low
58San Miguel, Lima Province$221332$4434.1%Low
59Yanahuara, Arequipa$221194$3931.4%Low
60Samuel Pastor, Arequipa$21955$13517.0%Low
61Oxapampa, Pasco$211345$6921.1%Low
62San Ramón, Junín$20940$9916.1%Low
63Víctor Larco Herrera, La Libertad$207120$4027.6%Low
64Tarapoto, San Martín$207341$4426.9%Low
65Miraflores, Arequipa$20667$3235.4%Low
66San Borja, Lima Province$19955$3835.1%Low
67Piura, Piura$196308$4925.6%Low
68Breña, Lima Province$18935$3935.8%Low
69Pueblo Libre, Lima Province$18676$3837.8%Low
70Puno, Puno$178467$4423.9%Low
71Pisco, Ica$17673$6518.9%Low
72Callería, Ucayali$17452$2928.6%Low
73Iquitos, Loreto$173311$3726.9%Low
74Chiclayo, Lambayeque$172289$3826.3%Low
75José Luis Bustamante y Rivero, Arequipa$171122$3827.5%Low
76Chorrillos, Lima Province$17148$4527.7%Low
77Los Baños del Inca, Cajamarca$17163$6320.7%Low
78Ilo, Moquegua$16962$6223.2%Low
79Huanchaco District, La Libertad$16940$5724.7%Low
80Cuzco, Cuzco$165877$3830.9%Low
81Pacasmayo, La Libertad$16049$5917.7%Low
82Trujillo, La Libertad$160430$3726.6%Low
83Rupa-Rupa, Huánuco$15548$4718.9%Low
84Huaraz, Ancash$155421$3924.1%Low
85Aguas Calientes, Cuzco$15374$4322.6%Low
86Nuevo Chimbote, Ancash$15356$3623.1%Low
87Cajamarca, Cajamarca$152507$4024.4%Low
88Tacna, Tacna$146305$3725.1%Low
89Moyobamba, San Martín$13640$4320.9%Low
90Huancayo, Junín$129179$3423.7%Low
91San Sebastián, Cusco$12772$3525.8%Low
92Huánuco, Huánuco$12349$3323.8%Low
93Callao, Callao Region$123100$3128.2%Low
94Chachapoyas, Amazonas$12159$4420.7%Low
95Ayacucho, Ayacucho$118308$3621.6%Low
96Castilla, Piura$11853$3225.5%Low
97Yarinacocha, Ucayali$11235$2423.6%Low
98Pucallpa, Ucayali$11161$3727.6%Low
99Independencia, Ancash$109115$4522.4%Low
100El Tambo, Junín$8882$3418.3%Low

Most Expensive Airbnb Markets in Peru by Nightly Rate

The average daily rate (ADR) measures how much guests pay per night in each market, making it the clearest indicator of a city's short-term rental pricing power. El Carmen, Ica commands the highest Airbnb nightly rate in Peru at $266/night, generating $1,076/month at 21.2% occupancy. Markets with premium nightly pricing typically feature high-demand destinations where travelers pay a significant premium over hotel alternatives.

#MarketADRActive Listings (TTM)Revenue/moOccupancyRegulation
1El Carmen, Ica$26682$1,07621.2%Low
2Cieneguilla, Provincia de Lima$26265$1,20827.1%Low
3Pachacámac, Provincia de Lima$25047$1,10726.0%Low
4Chincha Baja, Ica$24860$1,10122.7%Low
5Santa Cruz de Flores, Lima$24181$96322.1%Low
6San Antonio, Lima$219133$70921.1%Low
7District of Canoas de Punta Sal, Tumbes$216192$1,22322.5%Low
8Asia, Lima$214447$62720.4%Low
9Mala, Lima$209134$65519.2%Low
10Santa Eulalia, Lima$20742$74318.2%Low
11Los Órganos, Piura$193333$1,06624.4%Low
12Cerro Azul, Lima$190282$50819.6%Low
13Chilca, Lima$18850$50018.1%Low
14Santa Rosa de Quives, Lima$18634$53415.9%Low
15Paracas, Ica$169332$71320.8%Low
16District of Zorritos, Tumbes$166238$70820.7%Low
17Huayllabamba, Cusco$16149$1,16628.0%Low
18Máncora, Piura$156456$96626.2%Low
19Punta Negra, Provincia de Lima$15261$45121.9%Low
20Lunahuaná, Lima$149115$51415.8%Low
21Punta Hermosa, Lima Province$14894$65330.0%Low
22Colán, Piura$14659$28113.1%Low
23Comandante Noel, Ancash$13940$33120.5%Low
24Samuel Pastor, Arequipa$13555$21917.0%Low
25San Bartolo, Provincia de Lima$12997$49027.4%Low
26Huancabamba, Pasco$12042$40019.7%Low
27Calca, Cusco$105140$57229.2%Low
28San Ramón, Junín$9940$20916.1%Low
29Urubamba, Cusco$86275$44324.7%Low
30Mollendo, Arequipa$85118$26023.0%Low
31Barranca, Lima$8143$23919.8%Low
32Chontabamba, Pasco$8184$27519.1%Low
33San Juan Bautista, Loreto$7735$25519.2%Low
34Lima Metropolitan Area, Lima$7310,401$52835.4%Low
35Oxapampa, Pasco$69345$21121.1%Low
36La Banda de Shilcayo, San Martín$6536$43124.0%Low
37Ica, Ica$65524$26721.4%Low
38Pisco, Ica$6573$17618.9%Low
39Los Baños del Inca, Cajamarca$6363$17120.7%Low
40Miraflores, Provincia de Lima$63379$68043.9%Low
41Ilo, Moquegua$6262$16923.2%Low
42Huanchaco, La Libertad$61131$23723.3%Low
43Lima, Provincia de Lima$612,125$38140.7%Low
44Pimentel, Lambayeque$60102$22423.7%Low
45Pacasmayo, La Libertad$5949$16017.7%Low
46San Isidro, Lima Province$57264$39140.7%Low
47Huanchaco District, La Libertad$5740$16924.7%Low
48Magdalena del Mar, Lima Province$54162$29837.8%Low
49Ollantaytambo, Cusco$53185$27024.5%Low
50Tambopata, Madre de Dios$5156$23022.1%Low
51Santiago de Surco, Lima Province$50145$27236.2%Low
52Machupicchu, Cusco$50274$28727.1%Low
53Barranco, Lima Province$49424$36442.9%Low
54Cerro Colorado, Arequipa$49144$22529.3%Low
55Piura, Piura$49308$19625.6%Low
56Rupa-Rupa, Huánuco$4748$15518.9%Low
57Jesús María, Lima Province$47222$29839.6%Low
58La Victoria, Lima Province$47117$24136.6%Low
59Cayma, Arequipa$46179$29834.7%Low
60Chorrillos, Lima Province$4548$17127.7%Low
61Independencia, Ancash$45115$10922.4%Low
62Distrito de Cusco, Cusco$451,929$40436.6%Low
63Pisac, Cusco$44208$29630.5%Low
64Chachapoyas, Amazonas$4459$12120.7%Low
65Santiago, Cusco$44158$25631.0%Low
66Cusco, Cuzco$44258$40638.8%Low
67Puno, Puno$44467$17823.9%Low
68Tarapoto, San Martín$44341$20726.9%Low
69San Miguel, Lima Province$44332$22134.1%Low
70Aguas Calientes, Cuzco$4374$15322.6%Low
71Surquillo, Lima Province$43103$25540.4%Low
72Moyobamba, San Martín$4340$13620.9%Low
73Wanchaq, Cusco$43477$35233.7%Low
74Arequipa, Arequipa$421,029$23329.4%Low
75Cajamarca, Cajamarca$40507$15224.4%Low
76Cusco, Cusco$40102$32034.9%Low
77Víctor Larco Herrera, La Libertad$40120$20727.6%Low
78Yanahuara, Arequipa$39194$22131.4%Low
79Breña, Lima Province$3935$18935.8%Low
80Huaraz, Ancash$39421$15524.1%Low
81San Borja, Lima Province$3855$19935.1%Low
82Pueblo Libre, Lima Province$3876$18637.8%Low
83José Luis Bustamante y Rivero, Arequipa$38122$17127.5%Low
84Cuzco, Cuzco$38877$16530.9%Low
85Chiclayo, Lambayeque$38289$17226.3%Low
86Trujillo, La Libertad$37430$16026.6%Low
87Pucallpa, Ucayali$3761$11127.6%Low
88Tacna, Tacna$37305$14625.1%Low
89Iquitos, Loreto$37311$17326.9%Low
90Nuevo Chimbote, Ancash$3656$15323.1%Low
91Ayacucho, Ayacucho$36308$11821.6%Low
92San Sebastián, Cusco$3572$12725.8%Low
93El Tambo, Junín$3482$8818.3%Low
94Huancayo, Junín$34179$12923.7%Low
95Huánuco, Huánuco$3349$12323.8%Low
96Castilla, Piura$3253$11825.5%Low
97Miraflores, Arequipa$3267$20635.4%Low
98Callao, Callao Region$31100$12328.2%Low
99Callería, Ucayali$2952$17428.6%Low
100Yarinacocha, Ucayali$2435$11223.6%Low

Highest Occupancy Airbnb Markets in Peru

Airbnb occupancy rate measures the percentage of available nights actually booked — the most telling indicator of short-term rental demand in a market. Miraflores, Provincia de Lima leads Peru with 43.9% occupancy, $680/month revenue, and 379 active listings. Markets with the highest STR occupancy rates reflect strong, sustained guest demand — a critical signal for investors evaluating where properties will stay consistently booked year-round. This ranking is filtered to markets with 300+ listings to ensure statistical reliability.

#MarketOccupancyActive Listings (TTM)Revenue/moADRRegulation
1Miraflores, Provincia de Lima43.9%379$680$63Low
2Barranco, Lima Province42.9%424$364$49Low
3Lima, Provincia de Lima40.7%2,125$381$61Low
4Distrito de Cusco, Cusco36.6%1,929$404$45Low
5Lima Metropolitan Area, Lima35.4%10,401$528$73Low
6San Miguel, Lima Province34.1%332$221$44Low
7Wanchaq, Cusco33.7%477$352$43Low
8Cuzco, Cuzco30.9%877$165$38Low
9Arequipa, Arequipa29.4%1,029$233$42Low
10Iquitos, Loreto26.9%311$173$37Low
11Tarapoto, San Martín26.9%341$207$44Low
12Trujillo, La Libertad26.6%430$160$37Low
13Máncora, Piura26.2%456$966$156Low
14Piura, Piura25.6%308$196$49Low
15Tacna, Tacna25.1%305$146$37Low
16Los Órganos, Piura24.4%333$1,066$193Low
17Cajamarca, Cajamarca24.4%507$152$40Low
18Huaraz, Ancash24.1%421$155$39Low
19Puno, Puno23.9%467$178$44Low
20Ayacucho, Ayacucho21.6%308$118$36Low
21Ica, Ica21.4%524$267$65Low
22Oxapampa, Pasco21.1%345$211$69Low
23Paracas, Ica20.8%332$713$169Low
24Asia, Lima20.4%447$627$214Low

How to Choose an Airbnb Investment Market in Peru

No single ranking tells the full story. The best Airbnb market for a given investor depends on their capital, risk tolerance, operating model, and income goals. The four ranking dimensions on this page — market depth, revenue, ADR, and occupancy — serve different investor profiles.

If you prioritize predictable cash flow, start with the occupancy rankings. Markets where occupancy exceeds 55% offer consistent bookings and lower vacancy risk. High-occupancy markets may not have the highest nightly rates, but their revenue stability makes them better suited for mortgage-backed investments where monthly debt coverage matters more than peak earnings.

If you're targeting maximum income per property, use the revenue rankings. Revenue is the product of nightly rate and occupancy — it captures the combined effect of both. The highest-revenue Airbnb markets in Peru tend to be destination cities where travelers stay longer and pay a premium for entire-home listings.

If you're evaluating luxury or premium positioning, the ADR rankings show where guests are willing to pay top dollar per night. High-ADR markets reward property upgrades, professional photography, and amenity investments. However, a high nightly rate with low occupancy may generate less income than a moderately priced listing that stays booked consistently.

If you want the deepest market data, the active listings rankings identify cities with the largest short-term rental supply. More listings mean more comparable properties for pricing, more data points for revenue projections, and typically a more liquid resale market if your investment thesis changes.

In all cases, check the regulation column before committing capital. A profitable market with high regulation may require permits, annual caps on rental days, or costly compliance steps that erode returns. Markets with low regulation offer faster time-to-market but may tighten rules as STR supply grows.

Short-Term Rental Regulation in Peru

Understanding the regulatory environment is critical for any Airbnb investment in Peru. Regulation affects licensing costs, annual operating limits, tax obligations, and the long-term viability of a short-term rental strategy.

Across the 100 markets ranked on this page: 100 have a low regulation profile (generally operator-friendly with minimal licensing requirements), 0 have medium regulation (some permit or registration requirements), and 0 have high regulation (strict licensing, annual rental day caps, or active enforcement). Markets with low regulation offer the lowest barrier to entry, while high-regulation markets may still be profitable — but require careful compliance planning and often limit the number of properties a single operator can manage.

AirROI classifies regulation as a market-level signal based on available ordinance data and platform registration patterns. This is not legal advice — always verify current local ordinances, as short-term rental rules can change rapidly, especially in high-growth markets where municipalities are actively responding to STR expansion.

How We Rank the Best Airbnb Investment Markets in Peru

This page ranks Airbnb markets in Peru across four dimensions that matter most to short-term rental investors and operators: market depth (active listings), revenue potential (monthly income per listing), pricing power (average daily rate), and booking demand (occupancy rate). Each ranking uses the same underlying dataset but sorts by a different metric, giving you multiple lenses to evaluate where to invest in Airbnb in Peru.

No single metric tells the full story. A market with high ADR but low occupancy may underperform one with moderate pricing and strong demand. Revenue captures the combined effect of rate and occupancy, while active listings signal whether a market has enough depth for reliable benchmarking and a liquid resale environment. We include regulation data alongside every ranking so you can weigh compliance risk before committing capital.

Ranking Methodology & Data Sources

  • Active Listings (TTM): The count of active short-term rental listings in each market over the trailing twelve months — a proxy for market maturity, data reliability, and investor confidence in Peru.
  • Monthly Revenue: Average gross revenue per listing per month — the bottom-line metric for evaluating Airbnb profitability in Peru and projecting cash flow.
  • Average Daily Rate (ADR): The mean nightly booking price across all active listings — the clearest measure of a market's short-term rental pricing power.
  • Occupancy Rate: Percentage of available nights booked — the demand signal that determines how much of your nightly rate converts to actual income. Occupancy rankings are filtered to markets with 300+ listings to exclude small markets with unreliable averages.
  • Regulation: An indicator of the local regulatory climate in Peru, from low (operator-friendly) to high (strict licensing and enforcement) — essential for assessing compliance risk.

All data is sourced from AirROI's proprietary analytics pipeline, which tracks 20,000,000+ properties across 190+ countries. Metrics are recalculated on a rolling basis using trailing twelve-month aggregates from active listings. For full methodology, see the data methodology page.

Frequently Asked Questions About the Best Airbnb Markets in Peru

These quick answers summarize the most common investor and operator questions using AirROI's latest market data for Peru.

What are the best places to invest in Airbnb in Peru?

Lima Metropolitan Area, Lima leads this ranking for Peru with 10,401 active listings — the largest market by depth. Markets are ranked by listing count because deeper markets offer more comparable data, more pricing benchmarks, and a more predictable operating environment for investors. Each row also shows revenue, ADR, occupancy, and regulation so investors can evaluate based on what matters most to them.

Which market has the highest Airbnb revenue in Peru?

District of Canoas de Punta Sal, Tumbes posts the highest average monthly revenue in this ranking at $1,223. Revenue leaders often combine healthy rates, solid occupancy, and enough listing scale to support repeatable operations rather than one-off outliers.

Which market has the strongest Airbnb occupancy in Peru?

Miraflores, Provincia de Lima has the highest occupancy rate in this comparison at 43.9%. High occupancy can signal resilient demand, but investors still need to balance it against nightly rates, regulation, and supply depth before deciding where to buy or operate.

Which market has the highest Airbnb nightly rate in Peru?

El Carmen, Ica commands the highest average daily rate at $266 per night. A high ADR does not automatically translate to the highest revenue — occupancy and seasonality determine how much of that rate converts to realized income.

Which Airbnb markets in Peru have the lowest regulation?

Lima Metropolitan Area (Lima), Lima (Provincia de Lima), Distrito de Cusco (Cusco) currently show low regulation profiles in this ranking. Lower regulation can reduce compliance costs and time-to-market for new hosts, but investors should always verify local ordinances before purchasing — rules can change quickly as short-term rental markets grow.

Is short-term rental investing still profitable in Peru in 2026?

The markets ranked here average 26.2% occupancy, and the top performer posts $1,223 in monthly revenue. Profitability depends on property acquisition cost, local operating expenses, and regulation compliance — but the data shows active, performing markets exist across Peru for well-researched investors.

How often are AirROI's top Airbnb market rankings updated?

AirROI updates these rankings using the latest market snapshot available in the dataset, which for this page is anchored to 2026. Rankings should be treated as current market intelligence rather than permanent truths because pricing, demand, regulation, and supply can all shift over time.

What metrics should I use to evaluate Airbnb investments in Peru?

The most important metrics for comparing short-term rental markets are active listing count (market depth and data reliability), occupancy rate (demand consistency), average daily rate (pricing power), monthly revenue (income potential), and regulation level (compliance cost and risk). This ranking sorts by market depth first; use the other columns to filter for the profile that fits your investment strategy.

What makes a good Airbnb market for first-time investors in Peru?

First-time investors in Peru should prioritize markets with high occupancy (55%+) and low regulation, which reduce the risk of empty calendars and compliance surprises. Markets with 200+ active listings also provide better benchmarking data and a more predictable operating environment. Revenue is important, but consistent demand is more forgiving for operators still learning pricing and guest management.

What is a good Airbnb occupancy rate in Peru?

Across the markets ranked here, the average occupancy rate in Peru is 26.2%. Occupancy above 50% is generally considered healthy for short-term rentals, and above 65% signals strong, sustained demand. However, the best occupancy rate depends on pricing strategy — some hosts maximize revenue by targeting fewer bookings at higher nightly rates rather than maximizing booking volume.

How does regulation affect Airbnb investment returns in Peru?

Regulation is one of the most overlooked risks in short-term rental investing. In Peru, 100 of 100 ranked markets have low regulation, 0 have medium, and 0 have high. High-regulation markets often require permits, limit annual rental days, or impose occupancy taxes — all of which reduce net returns. Low-regulation markets offer faster time-to-market and lower compliance costs, but rules can tighten as STR supply grows.

What is the difference between ADR and RevPAR for Airbnb investing?

ADR (Average Daily Rate) is the average nightly price guests pay, while RevPAR (Revenue Per Available Rental night) factors in both price and occupancy. A market with $200 ADR and 50% occupancy has $100 RevPAR — the same as a market with $125 ADR and 80% occupancy. RevPAR is a better single-number benchmark for comparing markets because it captures how effectively nightly rates convert to realized income. AirROI's city-level reports include RevPAR with percentile breakdowns for deeper analysis.

How many Airbnb listings does a market need to be investable in Peru?

Markets with fewer than 100 active listings can show volatile averages that do not predict future performance. The median market in this Peru ranking has about 117 listings. Larger markets (500+) offer more reliable data, more comparable properties for pricing, and typically a more liquid exit if you decide to sell. Smaller markets can still be profitable, but investors should treat the data as directional rather than precise.

How do seasonal and year-round Airbnb markets differ in Peru?

Seasonal markets in Peru experience dramatic swings in booking demand — often earning 60-70% of annual revenue in just 3-4 peak months. Year-round markets deliver steadier cash flow with lower peak-to-trough variation. Investors who need predictable monthly income should prioritize high-occupancy markets with low seasonal variance, while those comfortable with cash-flow timing can target seasonal markets where peak rates compensate for off-season softness.

About AirROI Market Data

AirROI tracks over 20 million properties across 190+ countries and maintains 15+ years of historical performance data, making it one of the deepest Airbnb and STR intelligence platforms available. The analytics pipeline aggregates listing-level data monthly — revenue, occupancy, nightly rates, RevPAR, guest demographics, booking patterns, and competitive supply — so investors and operators can benchmark any market against its own history and against neighboring destinations.

Real estate investors, property managers, financial institutions, hospitality consultants, and academic researchers rely on AirROI data to underwrite acquisitions, optimize pricing, model macro trends, and conduct peer-reviewed research. Data is available through in-depth market reports, the data portal for bulk downloads, the Airbnb API with 22 endpoints, and an Airbnb MCP Server for AI agents.

All metrics reflect trailing twelve-month aggregates from active listings as of 2026-07-06. Revenue figures are market averages, not projections. For full methodology, see the data methodology page.

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