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

Source: AirROI Reviewed by Jun Zhou , Founder @ AirROI

Updated: 2026-04-08

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 11,281 active listings and $524/month revenue. Across all ranked markets, average occupancy is 25.5% with $346/month in average revenue and $77/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.

Explore Live Market Data

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 11,281 active short-term rental listings and $524/month in average revenue.

#	Market	Active Listings (TTM)	Revenue/mo	ADR	Occupancy	Regulation
1	Lima Metropolitan Area, Lima	11,281	$524	$69	36.2%	Low
2	Distrito de Cusco, Cusco	2,064	$419	$43	39.0%	Low
3	Arequipa, Arequipa	713	$285	$43	30.9%	Low
4	Wanchaq, Cusco	514	$379	$41	36.4%	Low
5	Ica, Ica	419	$315	$63	22.5%	Low
6	Máncora, Piura	396	$1,063	$163	26.9%	Low
7	Lima, Provincia de Lima	393	$469	$56	41.5%	Low
8	Cajamarca, Cajamarca	390	$166	$39	25.0%	Low
9	Miraflores, Provincia de Lima	387	$627	$62	43.0%	Low
10	Asia, Lima	360	$597	$202	19.0%	Low
11	Los Órganos, Piura	346	$1,034	$185	24.3%	Low
12	Puno, Puno	331	$214	$43	24.4%	Low
13	Trujillo, La Libertad	329	$179	$36	26.5%	Low
14	Huaraz, Ancash	321	$187	$39	26.1%	Low
15	Paracas, Ica	303	$745	$165	20.9%	Low
16	Machupicchu, Cusco	297	$275	$48	26.7%	Low
17	Oxapampa, Pasco	273	$225	$66	21.1%	Low
18	Iquitos, Loreto	258	$188	$35	27.6%	Low
19	Cusco, Cuzco	257	$386	$42	39.2%	Low
20	Tarapoto, San Martín	252	$230	$37	27.8%	Low
21	District of Zorritos, Tumbes	246	$692	$160	20.9%	Low
22	Ayacucho, Ayacucho	228	$132	$34	23.5%	Low
23	Urubamba, Cusco	228	$526	$91	25.8%	Low
24	Cerro Azul, Lima	227	$511	$181	19.6%	Low
25	Tacna, Tacna	220	$154	$36	23.9%	Low
26	Chiclayo, Lambayeque	199	$183	$34	25.8%	Low
27	District of Canoas de Punta Sal, Tumbes	197	$1,141	$208	22.1%	Low
28	Piura, Piura	183	$233	$48	25.5%	Low
29	Pisac, Cusco	176	$336	$44	31.3%	Low
30	Santiago, Cusco	172	$281	$40	32.9%	Low
31	Yanahuara, Arequipa	171	$239	$37	33.1%	Low
32	Cayma, Arequipa	167	$309	$42	34.9%	Low
33	Barranco, Lima Province	165	$396	$48	39.9%	Low
34	Ollantaytambo, Cusco	149	$283	$50	25.0%	Low
35	Huanchaco, La Libertad	141	$226	$58	23.5%	Low
36	Mala, Lima	130	$646	$206	19.2%	Low
37	Huancayo, Junín	128	$159	$33	25.5%	Low
38	Independencia, Ancash	121	$117	$42	22.3%	Low
39	Cerro Colorado, Arequipa	114	$270	$48	29.0%	Low
40	San Antonio, Lima	112	$642	$210	20.3%	Low
41	San Isidro, Lima Province	106	$510	$54	43.0%	Low
42	Calca, Cusco	105	$661	$109	30.9%	Low
43	Cusco, Cusco	99	$292	$40	36.8%	Low
44	Lunahuaná, Lima	98	$518	$144	15.5%	Low
45	José Luis Bustamante y Rivero, Arequipa	92	$214	$37	29.3%	Low
46	El Carmen, Ica	83	$1,053	$258	20.1%	Low
47	El Tambo, Junín	83	$100	$32	19.0%	Low
48	Víctor Larco Herrera, La Libertad	83	$247	$41	28.5%	Low
49	Chontabamba, Pasco	78	$290	$80	20.6%	Low
50	San Sebastián, Cusco	77	$142	$33	26.4%	Low
51	San Miguel, Lima Province	77	$257	$41	30.2%	Low
52	Pimentel, Lambayeque	74	$255	$62	24.2%	Low
53	Jesús María, Lima Province	68	$361	$44	36.7%	Low
54	Santa Cruz de Flores, Lima	65	$934	$230	21.3%	Low
55	Mollendo, Arequipa	64	$281	$89	19.2%	Low
56	Miraflores, Arequipa	61	$222	$29	36.3%	Low
57	Callería, Ucayali	61	$159	$27	29.0%	Low
58	Tambopata, Madre de Dios	58	$216	$48	22.4%	Low
59	Castilla, Piura	56	$130	$32	26.4%	Low
60	Colán, Piura	56	$282	$135	13.0%	Low
61	Los Baños del Inca, Cajamarca	54	$205	$59	22.0%	Low
62	Samuel Pastor, Arequipa	51	$248	$134	16.9%	Low
63	Huayllabamba, Cusco	49	$1,139	$152	28.7%	Low
64	Rupa-Rupa, Huánuco	48	$155	$46	18.6%	Low
65	Comandante Noel, Ancash	47	$327	$145	19.1%	Low
66	Cuzco, Cuzco	47	$207	$33	38.0%	Low
67	Pisco, Ica	47	$203	$51	21.5%	Low
68	Magdalena del Mar, Lima Province	46	$287	$35	35.8%	Low
69	Chachapoyas, Amazonas	44	$134	$46	20.3%	Low
70	Chincha Baja, Ica	44	$1,083	$231	21.1%	Low
71	Yarinacocha, Ucayali	43	$95	$24	26.5%	Low
72	Santa Eulalia, Lima	42	$799	$200	19.3%	Low
73	Huancabamba, Pasco	42	$420	$107	21.5%	Low
74	Chilca, Lima	41	$468	$181	15.9%	Low
75	Ilo, Moquegua	39	$193	$61	21.1%	Low
76	La Banda de Shilcayo, San Martín	39	$400	$61	24.4%	Low
77	San Juan Bautista, Loreto	38	$242	$63	20.7%	Low
78	Huánuco, Huánuco	37	$132	$31	23.0%	Low
79	Barranca, Lima	36	$227	$69	20.5%	Low
80	Santiago de Surco, Lima Province	35	$325	$51	34.3%	Low
81	Moyobamba, San Martín	35	$129	$38	20.9%	Low
82	San Ramón, Junín	34	$227	$98	13.5%	Low
83	District of Tumbes, Tumbes	34	$174	$47	24.4%	Low
84	Nuevo Chimbote, Ancash	32	$202	$30	26.5%	Low
85	Pacasmayo, La Libertad	32	$249	$54	21.8%	Low
86	Rázuri, La Libertad	32	$215	$82	19.1%	Low
87	Santa Ana, Cusco	30	$93	$45	15.9%	Low
88	Chanchamayo, Junín	30	$108	$53	16.3%	Low
89	San Vicente de Cañete, Lima	30	$605	$225	18.7%	Low
90	Santa Rosa de Quives, Lima	30	$474	$184	14.5%	Low
91	Villa Rica, Pasco	30	$96	$51	14.2%	Low
92	Lince, Provincia de Lima	29	$358	$47	36.1%	Low
93	Andrés Avelino Cáceres Dorregaray, Ayacucho	28	$99	$27	22.5%	Low
94	Coronel Gregorio Albarracín Lanchipa, Tacna	28	$120	$33	20.9%	Low
95	Surquillo, Lima Province	26	$309	$43	39.9%	Low
96	Callao, Callao Region	25	$209	$37	26.5%	Low
97	Nazca, Ica	25	$167	$38	16.8%	Low
98	26 de Octubre, Piura	25	$147	$39	22.5%	Low
99	Lobitos, Piura	25	$92	$45	21.8%	Low
100	Paucarpata, Arequipa	24	$158	$39	29.1%	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 $1,141/month at $208 ADR and 22.1% 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.

#	Market	Revenue/mo	Active Listings (TTM)	ADR	Occupancy	Regulation
1	District of Canoas de Punta Sal, Tumbes	$1,141	197	$208	22.1%	Low
2	Huayllabamba, Cusco	$1,139	49	$152	28.7%	Low
3	Chincha Baja, Ica	$1,083	44	$231	21.1%	Low
4	Máncora, Piura	$1,063	396	$163	26.9%	Low
5	El Carmen, Ica	$1,053	83	$258	20.1%	Low
6	Los Órganos, Piura	$1,034	346	$185	24.3%	Low
7	Santa Cruz de Flores, Lima	$934	65	$230	21.3%	Low
8	Santa Eulalia, Lima	$799	42	$200	19.3%	Low
9	Paracas, Ica	$745	303	$165	20.9%	Low
10	District of Zorritos, Tumbes	$692	246	$160	20.9%	Low
11	Calca, Cusco	$661	105	$109	30.9%	Low
12	Mala, Lima	$646	130	$206	19.2%	Low
13	San Antonio, Lima	$642	112	$210	20.3%	Low
14	Miraflores, Provincia de Lima	$627	387	$62	43.0%	Low
15	San Vicente de Cañete, Lima	$605	30	$225	18.7%	Low
16	Asia, Lima	$597	360	$202	19.0%	Low
17	Urubamba, Cusco	$526	228	$91	25.8%	Low
18	Lima Metropolitan Area, Lima	$524	11,281	$69	36.2%	Low
19	Lunahuaná, Lima	$518	98	$144	15.5%	Low
20	Cerro Azul, Lima	$511	227	$181	19.6%	Low
21	San Isidro, Lima Province	$510	106	$54	43.0%	Low
22	Santa Rosa de Quives, Lima	$474	30	$184	14.5%	Low
23	Lima, Provincia de Lima	$469	393	$56	41.5%	Low
24	Chilca, Lima	$468	41	$181	15.9%	Low
25	Huancabamba, Pasco	$420	42	$107	21.5%	Low
26	Distrito de Cusco, Cusco	$419	2,064	$43	39.0%	Low
27	La Banda de Shilcayo, San Martín	$400	39	$61	24.4%	Low
28	Barranco, Lima Province	$396	165	$48	39.9%	Low
29	Cusco, Cuzco	$386	257	$42	39.2%	Low
30	Wanchaq, Cusco	$379	514	$41	36.4%	Low
31	Jesús María, Lima Province	$361	68	$44	36.7%	Low
32	Lince, Provincia de Lima	$358	29	$47	36.1%	Low
33	Pisac, Cusco	$336	176	$44	31.3%	Low
34	Comandante Noel, Ancash	$327	47	$145	19.1%	Low
35	Santiago de Surco, Lima Province	$325	35	$51	34.3%	Low
36	Ica, Ica	$315	419	$63	22.5%	Low
37	Cayma, Arequipa	$309	167	$42	34.9%	Low
38	Surquillo, Lima Province	$309	26	$43	39.9%	Low
39	Cusco, Cusco	$292	99	$40	36.8%	Low
40	Chontabamba, Pasco	$290	78	$80	20.6%	Low
41	Magdalena del Mar, Lima Province	$287	46	$35	35.8%	Low
42	Arequipa, Arequipa	$285	713	$43	30.9%	Low
43	Ollantaytambo, Cusco	$283	149	$50	25.0%	Low
44	Colán, Piura	$282	56	$135	13.0%	Low
45	Santiago, Cusco	$281	172	$40	32.9%	Low
46	Mollendo, Arequipa	$281	64	$89	19.2%	Low
47	Machupicchu, Cusco	$275	297	$48	26.7%	Low
48	Cerro Colorado, Arequipa	$270	114	$48	29.0%	Low
49	San Miguel, Lima Province	$257	77	$41	30.2%	Low
50	Pimentel, Lambayeque	$255	74	$62	24.2%	Low
51	Pacasmayo, La Libertad	$249	32	$54	21.8%	Low
52	Samuel Pastor, Arequipa	$248	51	$134	16.9%	Low
53	Víctor Larco Herrera, La Libertad	$247	83	$41	28.5%	Low
54	San Juan Bautista, Loreto	$242	38	$63	20.7%	Low
55	Yanahuara, Arequipa	$239	171	$37	33.1%	Low
56	Piura, Piura	$233	183	$48	25.5%	Low
57	Tarapoto, San Martín	$230	252	$37	27.8%	Low
58	Barranca, Lima	$227	36	$69	20.5%	Low
59	San Ramón, Junín	$227	34	$98	13.5%	Low
60	Huanchaco, La Libertad	$226	141	$58	23.5%	Low
61	Oxapampa, Pasco	$225	273	$66	21.1%	Low
62	Miraflores, Arequipa	$222	61	$29	36.3%	Low
63	Tambopata, Madre de Dios	$216	58	$48	22.4%	Low
64	Rázuri, La Libertad	$215	32	$82	19.1%	Low
65	Puno, Puno	$214	331	$43	24.4%	Low
66	José Luis Bustamante y Rivero, Arequipa	$214	92	$37	29.3%	Low
67	Callao, Callao Region	$209	25	$37	26.5%	Low
68	Cuzco, Cuzco	$207	47	$33	38.0%	Low
69	Los Baños del Inca, Cajamarca	$205	54	$59	22.0%	Low
70	Pisco, Ica	$203	47	$51	21.5%	Low
71	Nuevo Chimbote, Ancash	$202	32	$30	26.5%	Low
72	Ilo, Moquegua	$193	39	$61	21.1%	Low
73	Iquitos, Loreto	$188	258	$35	27.6%	Low
74	Huaraz, Ancash	$187	321	$39	26.1%	Low
75	Chiclayo, Lambayeque	$183	199	$34	25.8%	Low
76	Trujillo, La Libertad	$179	329	$36	26.5%	Low
77	District of Tumbes, Tumbes	$174	34	$47	24.4%	Low
78	Nazca, Ica	$167	25	$38	16.8%	Low
79	Cajamarca, Cajamarca	$166	390	$39	25.0%	Low
80	Huancayo, Junín	$159	128	$33	25.5%	Low
81	Callería, Ucayali	$159	61	$27	29.0%	Low
82	Paucarpata, Arequipa	$158	24	$39	29.1%	Low
83	Rupa-Rupa, Huánuco	$155	48	$46	18.6%	Low
84	Tacna, Tacna	$154	220	$36	23.9%	Low
85	26 de Octubre, Piura	$147	25	$39	22.5%	Low
86	San Sebastián, Cusco	$142	77	$33	26.4%	Low
87	Chachapoyas, Amazonas	$134	44	$46	20.3%	Low
88	Huánuco, Huánuco	$132	37	$31	23.0%	Low
89	Ayacucho, Ayacucho	$132	228	$34	23.5%	Low
90	Castilla, Piura	$130	56	$32	26.4%	Low
91	Moyobamba, San Martín	$129	35	$38	20.9%	Low
92	Coronel Gregorio Albarracín Lanchipa, Tacna	$120	28	$33	20.9%	Low
93	Independencia, Ancash	$117	121	$42	22.3%	Low
94	Chanchamayo, Junín	$108	30	$53	16.3%	Low
95	El Tambo, Junín	$100	83	$32	19.0%	Low
96	Andrés Avelino Cáceres Dorregaray, Ayacucho	$99	28	$27	22.5%	Low
97	Villa Rica, Pasco	$96	30	$51	14.2%	Low
98	Yarinacocha, Ucayali	$95	43	$24	26.5%	Low
99	Santa Ana, Cusco	$93	30	$45	15.9%	Low
100	Lobitos, Piura	$92	25	$45	21.8%	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 $258/night, generating $1,053/month at 20.1% occupancy. Markets with premium nightly pricing typically feature high-demand destinations where travelers pay a significant premium over hotel alternatives.

#	Market	ADR	Active Listings (TTM)	Revenue/mo	Occupancy	Regulation
1	El Carmen, Ica	$258	83	$1,053	20.1%	Low
2	Chincha Baja, Ica	$231	44	$1,083	21.1%	Low
3	Santa Cruz de Flores, Lima	$230	65	$934	21.3%	Low
4	San Vicente de Cañete, Lima	$225	30	$605	18.7%	Low
5	San Antonio, Lima	$210	112	$642	20.3%	Low
6	District of Canoas de Punta Sal, Tumbes	$208	197	$1,141	22.1%	Low
7	Mala, Lima	$206	130	$646	19.2%	Low
8	Asia, Lima	$202	360	$597	19.0%	Low
9	Santa Eulalia, Lima	$200	42	$799	19.3%	Low
10	Los Órganos, Piura	$185	346	$1,034	24.3%	Low
11	Santa Rosa de Quives, Lima	$184	30	$474	14.5%	Low
12	Cerro Azul, Lima	$181	227	$511	19.6%	Low
13	Chilca, Lima	$181	41	$468	15.9%	Low
14	Paracas, Ica	$165	303	$745	20.9%	Low
15	Máncora, Piura	$163	396	$1,063	26.9%	Low
16	District of Zorritos, Tumbes	$160	246	$692	20.9%	Low
17	Huayllabamba, Cusco	$152	49	$1,139	28.7%	Low
18	Comandante Noel, Ancash	$145	47	$327	19.1%	Low
19	Lunahuaná, Lima	$144	98	$518	15.5%	Low
20	Colán, Piura	$135	56	$282	13.0%	Low
21	Samuel Pastor, Arequipa	$134	51	$248	16.9%	Low
22	Calca, Cusco	$109	105	$661	30.9%	Low
23	Huancabamba, Pasco	$107	42	$420	21.5%	Low
24	San Ramón, Junín	$98	34	$227	13.5%	Low
25	Urubamba, Cusco	$91	228	$526	25.8%	Low
26	Mollendo, Arequipa	$89	64	$281	19.2%	Low
27	Rázuri, La Libertad	$82	32	$215	19.1%	Low
28	Chontabamba, Pasco	$80	78	$290	20.6%	Low
29	Lima Metropolitan Area, Lima	$69	11,281	$524	36.2%	Low
30	Barranca, Lima	$69	36	$227	20.5%	Low
31	Oxapampa, Pasco	$66	273	$225	21.1%	Low
32	San Juan Bautista, Loreto	$63	38	$242	20.7%	Low
33	Ica, Ica	$63	419	$315	22.5%	Low
34	Miraflores, Provincia de Lima	$62	387	$627	43.0%	Low
35	Pimentel, Lambayeque	$62	74	$255	24.2%	Low
36	La Banda de Shilcayo, San Martín	$61	39	$400	24.4%	Low
37	Ilo, Moquegua	$61	39	$193	21.1%	Low
38	Los Baños del Inca, Cajamarca	$59	54	$205	22.0%	Low
39	Huanchaco, La Libertad	$58	141	$226	23.5%	Low
40	Lima, Provincia de Lima	$56	393	$469	41.5%	Low
41	San Isidro, Lima Province	$54	106	$510	43.0%	Low
42	Pacasmayo, La Libertad	$54	32	$249	21.8%	Low
43	Chanchamayo, Junín	$53	30	$108	16.3%	Low
44	Santiago de Surco, Lima Province	$51	35	$325	34.3%	Low
45	Villa Rica, Pasco	$51	30	$96	14.2%	Low
46	Pisco, Ica	$51	47	$203	21.5%	Low
47	Ollantaytambo, Cusco	$50	149	$283	25.0%	Low
48	Tambopata, Madre de Dios	$48	58	$216	22.4%	Low
49	Piura, Piura	$48	183	$233	25.5%	Low
50	Machupicchu, Cusco	$48	297	$275	26.7%	Low
51	Cerro Colorado, Arequipa	$48	114	$270	29.0%	Low
52	Barranco, Lima Province	$48	165	$396	39.9%	Low
53	District of Tumbes, Tumbes	$47	34	$174	24.4%	Low
54	Lince, Provincia de Lima	$47	29	$358	36.1%	Low
55	Rupa-Rupa, Huánuco	$46	48	$155	18.6%	Low
56	Chachapoyas, Amazonas	$46	44	$134	20.3%	Low
57	Santa Ana, Cusco	$45	30	$93	15.9%	Low
58	Lobitos, Piura	$45	25	$92	21.8%	Low
59	Pisac, Cusco	$44	176	$336	31.3%	Low
60	Jesús María, Lima Province	$44	68	$361	36.7%	Low
61	Puno, Puno	$43	331	$214	24.4%	Low
62	Surquillo, Lima Province	$43	26	$309	39.9%	Low
63	Arequipa, Arequipa	$43	713	$285	30.9%	Low
64	Distrito de Cusco, Cusco	$43	2,064	$419	39.0%	Low
65	Cusco, Cuzco	$42	257	$386	39.2%	Low
66	Independencia, Ancash	$42	121	$117	22.3%	Low
67	Cayma, Arequipa	$42	167	$309	34.9%	Low
68	San Miguel, Lima Province	$41	77	$257	30.2%	Low
69	Víctor Larco Herrera, La Libertad	$41	83	$247	28.5%	Low
70	Wanchaq, Cusco	$41	514	$379	36.4%	Low
71	Santiago, Cusco	$40	172	$281	32.9%	Low
72	Cusco, Cusco	$40	99	$292	36.8%	Low
73	Paucarpata, Arequipa	$39	24	$158	29.1%	Low
74	Huaraz, Ancash	$39	321	$187	26.1%	Low
75	Cajamarca, Cajamarca	$39	390	$166	25.0%	Low
76	26 de Octubre, Piura	$39	25	$147	22.5%	Low
77	Nazca, Ica	$38	25	$167	16.8%	Low
78	Moyobamba, San Martín	$38	35	$129	20.9%	Low
79	Yanahuara, Arequipa	$37	171	$239	33.1%	Low
80	José Luis Bustamante y Rivero, Arequipa	$37	92	$214	29.3%	Low
81	Tarapoto, San Martín	$37	252	$230	27.8%	Low
82	Callao, Callao Region	$37	25	$209	26.5%	Low
83	Tacna, Tacna	$36	220	$154	23.9%	Low
84	Trujillo, La Libertad	$36	329	$179	26.5%	Low
85	Iquitos, Loreto	$35	258	$188	27.6%	Low
86	Magdalena del Mar, Lima Province	$35	46	$287	35.8%	Low
87	Ayacucho, Ayacucho	$34	228	$132	23.5%	Low
88	Chiclayo, Lambayeque	$34	199	$183	25.8%	Low
89	Coronel Gregorio Albarracín Lanchipa, Tacna	$33	28	$120	20.9%	Low
90	San Sebastián, Cusco	$33	77	$142	26.4%	Low
91	Huancayo, Junín	$33	128	$159	25.5%	Low
92	Cuzco, Cuzco	$33	47	$207	38.0%	Low
93	El Tambo, Junín	$32	83	$100	19.0%	Low
94	Castilla, Piura	$32	56	$130	26.4%	Low
95	Huánuco, Huánuco	$31	37	$132	23.0%	Low
96	Nuevo Chimbote, Ancash	$30	32	$202	26.5%	Low
97	Miraflores, Arequipa	$29	61	$222	36.3%	Low
98	Callería, Ucayali	$27	61	$159	29.0%	Low
99	Andrés Avelino Cáceres Dorregaray, Ayacucho	$27	28	$99	22.5%	Low
100	Yarinacocha, Ucayali	$24	43	$95	26.5%	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 43.0% occupancy, $627/month revenue, and 387 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.

#	Market	Occupancy	Active Listings (TTM)	Revenue/mo	ADR	Regulation
1	Miraflores, Provincia de Lima	43.0%	387	$627	$62	Low
2	Lima, Provincia de Lima	41.5%	393	$469	$56	Low
3	Distrito de Cusco, Cusco	39.0%	2,064	$419	$43	Low
4	Wanchaq, Cusco	36.4%	514	$379	$41	Low
5	Lima Metropolitan Area, Lima	36.2%	11,281	$524	$69	Low
6	Arequipa, Arequipa	30.9%	713	$285	$43	Low
7	Máncora, Piura	26.9%	396	$1,063	$163	Low
8	Trujillo, La Libertad	26.5%	329	$179	$36	Low
9	Huaraz, Ancash	26.1%	321	$187	$39	Low
10	Cajamarca, Cajamarca	25.0%	390	$166	$39	Low
11	Puno, Puno	24.4%	331	$214	$43	Low
12	Los Órganos, Piura	24.3%	346	$1,034	$185	Low
13	Ica, Ica	22.5%	419	$315	$63	Low
14	Paracas, Ica	20.9%	303	$745	$165	Low
15	Asia, Lima	19.0%	360	$597	$202	Low

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 11,281 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 $1,141. 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 43.0%. 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 $258 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), Distrito de Cusco (Cusco), Arequipa (Arequipa) 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 25.5% occupancy, and the top performer posts $1,141 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 25.5%. 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 77 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 2026-04-08. Revenue figures are market averages, not projections. For full methodology, see the data methodology page.

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