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

Source: AirROI Reviewed by Jun Zhou , Founder @ AirROI

Updated: 2026-05-04

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 10,890 active listings and $511/month revenue. Across all ranked markets, average occupancy is 25.2% with $345/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 10,890 active short-term rental listings and $511/month in average revenue.

#	Market	Active Listings (TTM)	Revenue/mo	ADR	Occupancy	Regulation
1	Lima Metropolitan Area, Lima	10,890	$511	$68	35.7%	Low
2	Distrito de Cusco, Cusco	2,009	$400	$42	37.9%	Low
3	Arequipa, Arequipa	707	$271	$42	30.3%	Low
4	Wanchaq, Cusco	503	$354	$40	35.4%	Low
5	Ica, Ica	394	$316	$62	22.2%	Low
6	Lima, Provincia de Lima	393	$485	$55	41.1%	Low
7	Cajamarca, Cajamarca	388	$158	$37	24.9%	Low
8	Máncora, Piura	386	$1,073	$163	26.9%	Low
9	Miraflores, Provincia de Lima	386	$651	$60	43.0%	Low
10	Los Órganos, Piura	341	$1,010	$186	24.1%	Low
11	Asia, Lima	339	$607	$202	18.8%	Low
12	Puno, Puno	326	$206	$42	24.1%	Low
13	Trujillo, La Libertad	325	$168	$33	26.4%	Low
14	Huaraz, Ancash	318	$176	$38	25.5%	Low
15	Paracas, Ica	292	$739	$164	20.9%	Low
16	Machupicchu, Cusco	288	$269	$47	26.3%	Low
17	Oxapampa, Pasco	264	$219	$65	21.2%	Low
18	Cusco, Cuzco	257	$398	$41	39.0%	Low
19	Iquitos, Loreto	252	$181	$35	27.4%	Low
20	Tarapoto, San Martín	247	$222	$36	27.7%	Low
21	District of Zorritos, Tumbes	237	$682	$159	20.7%	Low
22	Urubamba, Cusco	225	$504	$90	25.5%	Low
23	Cerro Azul, Lima	219	$515	$182	19.0%	Low
24	Tacna, Tacna	213	$149	$35	24.2%	Low
25	Ayacucho, Ayacucho	208	$134	$34	22.1%	Low
26	District of Canoas de Punta Sal, Tumbes	192	$1,180	$208	22.2%	Low
27	Chiclayo, Lambayeque	191	$182	$33	25.9%	Low
28	Piura, Piura	180	$228	$46	25.0%	Low
29	Pisac, Cusco	175	$325	$43	30.9%	Low
30	Santiago, Cusco	167	$261	$40	32.2%	Low
31	Yanahuara, Arequipa	165	$235	$37	32.1%	Low
32	Barranco, Lima Province	165	$411	$46	39.8%	Low
33	Cayma, Arequipa	161	$301	$41	34.5%	Low
34	Ollantaytambo, Cusco	148	$285	$50	24.7%	Low
35	Huanchaco, La Libertad	135	$229	$58	23.5%	Low
36	Huancayo, Junín	124	$155	$32	25.6%	Low
37	Mala, Lima	123	$661	$203	19.3%	Low
38	Independencia, Ancash	113	$112	$42	21.3%	Low
39	Cerro Colorado, Arequipa	108	$284	$49	28.5%	Low
40	San Antonio, Lima	106	$672	$207	20.3%	Low
41	San Isidro, Lima Province	106	$527	$52	42.9%	Low
42	Calca, Cusco	103	$634	$108	30.3%	Low
43	Cusco, Cusco	100	$301	$38	36.3%	Low
44	Lunahuaná, Lima	97	$510	$141	15.3%	Low
45	José Luis Bustamante y Rivero, Arequipa	91	$202	$36	28.7%	Low
46	Víctor Larco Herrera, La Libertad	81	$236	$39	27.8%	Low
47	El Carmen, Ica	80	$1,033	$258	19.9%	Low
48	El Tambo, Junín	80	$96	$32	19.2%	Low
49	San Miguel, Lima Province	79	$252	$40	29.3%	Low
50	Chontabamba, Pasco	77	$268	$78	20.0%	Low
51	Pimentel, Lambayeque	76	$230	$57	22.6%	Low
52	San Sebastián, Cusco	75	$133	$33	26.2%	Low
53	Jesús María, Lima Province	67	$371	$43	36.7%	Low
54	Santa Cruz de Flores, Lima	66	$899	$229	20.8%	Low
55	Mollendo, Arequipa	61	$281	$86	19.4%	Low
56	Miraflores, Arequipa	59	$216	$28	36.4%	Low
57	Tambopata, Madre de Dios	56	$219	$48	21.5%	Low
58	Castilla, Piura	56	$123	$31	26.6%	Low
59	Callería, Ucayali	56	$161	$27	28.8%	Low
60	Colán, Piura	55	$274	$135	12.5%	Low
61	Samuel Pastor, Arequipa	52	$230	$133	16.4%	Low
62	Los Baños del Inca, Cajamarca	52	$199	$55	22.1%	Low
63	Huayllabamba, Cusco	47	$1,158	$155	29.0%	Low
64	Rupa-Rupa, Huánuco	46	$155	$44	19.6%	Low
65	Cuzco, Cuzco	45	$207	$31	37.9%	Low
66	Magdalena del Mar, Lima Province	45	$298	$33	36.2%	Low
67	Chachapoyas, Amazonas	44	$121	$45	19.8%	Low
68	Chincha Baja, Ica	44	$1,082	$230	20.7%	Low
69	Pisco, Ica	44	$198	$51	22.2%	Low
70	Comandante Noel, Ancash	42	$315	$125	18.9%	Low
71	Santa Eulalia, Lima	42	$730	$197	18.5%	Low
72	Huancabamba, Pasco	40	$420	$110	21.1%	Low
73	Yarinacocha, Ucayali	39	$100	$23	24.4%	Low
74	San Juan Bautista, Loreto	37	$244	$63	20.4%	Low
75	Ilo, Moquegua	37	$195	$60	20.3%	Low
76	La Banda de Shilcayo, San Martín	37	$409	$62	25.0%	Low
77	Barranca, Lima	36	$224	$71	20.6%	Low
78	Santiago de Surco, Lima Province	36	$352	$52	35.1%	Low
79	Huánuco, Huánuco	35	$132	$30	23.0%	Low
80	Chilca, Lima	35	$515	$187	15.8%	Low
81	Moyobamba, San Martín	35	$125	$37	20.9%	Low
82	San Ramón, Junín	33	$207	$99	13.5%	Low
83	Pacasmayo, La Libertad	32	$229	$53	21.1%	Low
84	Nuevo Chimbote, Ancash	31	$199	$30	25.2%	Low
85	Rázuri, La Libertad	31	$195	$81	19.5%	Low
86	San Vicente de Cañete, Lima	31	$615	$220	18.1%	Low
87	Santa Ana, Cusco	30	$89	$44	16.1%	Low
88	Lince, Provincia de Lima	29	$368	$45	36.2%	Low
89	District of Tumbes, Tumbes	29	$179	$43	24.6%	Low
90	Santa Rosa de Quives, Lima	28	$507	$181	15.0%	Low
91	Villa Rica, Pasco	28	$94	$52	15.6%	Low
92	Coronel Gregorio Albarracín Lanchipa, Tacna	27	$115	$32	21.3%	Low
93	Chanchamayo, Junín	26	$104	$50	17.6%	Low
94	Surquillo, Lima Province	26	$323	$42	40.5%	Low
95	Lobitos, Piura	26	$83	$44	21.0%	Low
96	Callao, Callao Region	25	$211	$36	26.2%	Low
97	Paucarpata, Arequipa	24	$144	$39	29.7%	Low
98	Yanque, Arequipa	24	$309	$113	15.2%	Low
99	Yucay, Cusco	24	$117	$55	18.7%	Low
100	Nazca, Ica	24	$162	$39	16.5%	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 $1,180/month at $208 ADR and 22.2% 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	$1,180	192	$208	22.2%	Low
2	Huayllabamba, Cusco	$1,158	47	$155	29.0%	Low
3	Chincha Baja, Ica	$1,082	44	$230	20.7%	Low
4	Máncora, Piura	$1,073	386	$163	26.9%	Low
5	El Carmen, Ica	$1,033	80	$258	19.9%	Low
6	Los Órganos, Piura	$1,010	341	$186	24.1%	Low
7	Santa Cruz de Flores, Lima	$899	66	$229	20.8%	Low
8	Paracas, Ica	$739	292	$164	20.9%	Low
9	Santa Eulalia, Lima	$730	42	$197	18.5%	Low
10	District of Zorritos, Tumbes	$682	237	$159	20.7%	Low
11	San Antonio, Lima	$672	106	$207	20.3%	Low
12	Mala, Lima	$661	123	$203	19.3%	Low
13	Miraflores, Provincia de Lima	$651	386	$60	43.0%	Low
14	Calca, Cusco	$634	103	$108	30.3%	Low
15	San Vicente de Cañete, Lima	$615	31	$220	18.1%	Low
16	Asia, Lima	$607	339	$202	18.8%	Low
17	San Isidro, Lima Province	$527	106	$52	42.9%	Low
18	Chilca, Lima	$515	35	$187	15.8%	Low
19	Cerro Azul, Lima	$515	219	$182	19.0%	Low
20	Lima Metropolitan Area, Lima	$511	10,890	$68	35.7%	Low
21	Lunahuaná, Lima	$510	97	$141	15.3%	Low
22	Santa Rosa de Quives, Lima	$507	28	$181	15.0%	Low
23	Urubamba, Cusco	$504	225	$90	25.5%	Low
24	Lima, Provincia de Lima	$485	393	$55	41.1%	Low
25	Huancabamba, Pasco	$420	40	$110	21.1%	Low
26	Barranco, Lima Province	$411	165	$46	39.8%	Low
27	La Banda de Shilcayo, San Martín	$409	37	$62	25.0%	Low
28	Distrito de Cusco, Cusco	$400	2,009	$42	37.9%	Low
29	Cusco, Cuzco	$398	257	$41	39.0%	Low
30	Jesús María, Lima Province	$371	67	$43	36.7%	Low
31	Lince, Provincia de Lima	$368	29	$45	36.2%	Low
32	Wanchaq, Cusco	$354	503	$40	35.4%	Low
33	Santiago de Surco, Lima Province	$352	36	$52	35.1%	Low
34	Pisac, Cusco	$325	175	$43	30.9%	Low
35	Surquillo, Lima Province	$323	26	$42	40.5%	Low
36	Ica, Ica	$316	394	$62	22.2%	Low
37	Comandante Noel, Ancash	$315	42	$125	18.9%	Low
38	Yanque, Arequipa	$309	24	$113	15.2%	Low
39	Cayma, Arequipa	$301	161	$41	34.5%	Low
40	Cusco, Cusco	$301	100	$38	36.3%	Low
41	Magdalena del Mar, Lima Province	$298	45	$33	36.2%	Low
42	Ollantaytambo, Cusco	$285	148	$50	24.7%	Low
43	Cerro Colorado, Arequipa	$284	108	$49	28.5%	Low
44	Mollendo, Arequipa	$281	61	$86	19.4%	Low
45	Colán, Piura	$274	55	$135	12.5%	Low
46	Arequipa, Arequipa	$271	707	$42	30.3%	Low
47	Machupicchu, Cusco	$269	288	$47	26.3%	Low
48	Chontabamba, Pasco	$268	77	$78	20.0%	Low
49	Santiago, Cusco	$261	167	$40	32.2%	Low
50	San Miguel, Lima Province	$252	79	$40	29.3%	Low
51	San Juan Bautista, Loreto	$244	37	$63	20.4%	Low
52	Víctor Larco Herrera, La Libertad	$236	81	$39	27.8%	Low
53	Yanahuara, Arequipa	$235	165	$37	32.1%	Low
54	Samuel Pastor, Arequipa	$230	52	$133	16.4%	Low
55	Pimentel, Lambayeque	$230	76	$57	22.6%	Low
56	Huanchaco, La Libertad	$229	135	$58	23.5%	Low
57	Pacasmayo, La Libertad	$229	32	$53	21.1%	Low
58	Piura, Piura	$228	180	$46	25.0%	Low
59	Barranca, Lima	$224	36	$71	20.6%	Low
60	Tarapoto, San Martín	$222	247	$36	27.7%	Low
61	Tambopata, Madre de Dios	$219	56	$48	21.5%	Low
62	Oxapampa, Pasco	$219	264	$65	21.2%	Low
63	Miraflores, Arequipa	$216	59	$28	36.4%	Low
64	Callao, Callao Region	$211	25	$36	26.2%	Low
65	Cuzco, Cuzco	$207	45	$31	37.9%	Low
66	San Ramón, Junín	$207	33	$99	13.5%	Low
67	Puno, Puno	$206	326	$42	24.1%	Low
68	José Luis Bustamante y Rivero, Arequipa	$202	91	$36	28.7%	Low
69	Los Baños del Inca, Cajamarca	$199	52	$55	22.1%	Low
70	Nuevo Chimbote, Ancash	$199	31	$30	25.2%	Low
71	Pisco, Ica	$198	44	$51	22.2%	Low
72	Ilo, Moquegua	$195	37	$60	20.3%	Low
73	Rázuri, La Libertad	$195	31	$81	19.5%	Low
74	Chiclayo, Lambayeque	$182	191	$33	25.9%	Low
75	Iquitos, Loreto	$181	252	$35	27.4%	Low
76	District of Tumbes, Tumbes	$179	29	$43	24.6%	Low
77	Huaraz, Ancash	$176	318	$38	25.5%	Low
78	Trujillo, La Libertad	$168	325	$33	26.4%	Low
79	Nazca, Ica	$162	24	$39	16.5%	Low
80	Callería, Ucayali	$161	56	$27	28.8%	Low
81	Cajamarca, Cajamarca	$158	388	$37	24.9%	Low
82	Rupa-Rupa, Huánuco	$155	46	$44	19.6%	Low
83	Huancayo, Junín	$155	124	$32	25.6%	Low
84	Tacna, Tacna	$149	213	$35	24.2%	Low
85	Paucarpata, Arequipa	$144	24	$39	29.7%	Low
86	Ayacucho, Ayacucho	$134	208	$34	22.1%	Low
87	San Sebastián, Cusco	$133	75	$33	26.2%	Low
88	Huánuco, Huánuco	$132	35	$30	23.0%	Low
89	Moyobamba, San Martín	$125	35	$37	20.9%	Low
90	Castilla, Piura	$123	56	$31	26.6%	Low
91	Chachapoyas, Amazonas	$121	44	$45	19.8%	Low
92	Yucay, Cusco	$117	24	$55	18.7%	Low
93	Coronel Gregorio Albarracín Lanchipa, Tacna	$115	27	$32	21.3%	Low
94	Independencia, Ancash	$112	113	$42	21.3%	Low
95	Chanchamayo, Junín	$104	26	$50	17.6%	Low
96	Yarinacocha, Ucayali	$100	39	$23	24.4%	Low
97	El Tambo, Junín	$96	80	$32	19.2%	Low
98	Villa Rica, Pasco	$94	28	$52	15.6%	Low
99	Santa Ana, Cusco	$89	30	$44	16.1%	Low
100	Lobitos, Piura	$83	26	$44	21.0%	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 $1,033/month at 19.9% 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	80	$1,033	19.9%	Low
2	Chincha Baja, Ica	$230	44	$1,082	20.7%	Low
3	Santa Cruz de Flores, Lima	$229	66	$899	20.8%	Low
4	San Vicente de Cañete, Lima	$220	31	$615	18.1%	Low
5	District of Canoas de Punta Sal, Tumbes	$208	192	$1,180	22.2%	Low
6	San Antonio, Lima	$207	106	$672	20.3%	Low
7	Mala, Lima	$203	123	$661	19.3%	Low
8	Asia, Lima	$202	339	$607	18.8%	Low
9	Santa Eulalia, Lima	$197	42	$730	18.5%	Low
10	Chilca, Lima	$187	35	$515	15.8%	Low
11	Los Órganos, Piura	$186	341	$1,010	24.1%	Low
12	Cerro Azul, Lima	$182	219	$515	19.0%	Low
13	Santa Rosa de Quives, Lima	$181	28	$507	15.0%	Low
14	Paracas, Ica	$164	292	$739	20.9%	Low
15	Máncora, Piura	$163	386	$1,073	26.9%	Low
16	District of Zorritos, Tumbes	$159	237	$682	20.7%	Low
17	Huayllabamba, Cusco	$155	47	$1,158	29.0%	Low
18	Lunahuaná, Lima	$141	97	$510	15.3%	Low
19	Colán, Piura	$135	55	$274	12.5%	Low
20	Samuel Pastor, Arequipa	$133	52	$230	16.4%	Low
21	Comandante Noel, Ancash	$125	42	$315	18.9%	Low
22	Yanque, Arequipa	$113	24	$309	15.2%	Low
23	Huancabamba, Pasco	$110	40	$420	21.1%	Low
24	Calca, Cusco	$108	103	$634	30.3%	Low
25	San Ramón, Junín	$99	33	$207	13.5%	Low
26	Urubamba, Cusco	$90	225	$504	25.5%	Low
27	Mollendo, Arequipa	$86	61	$281	19.4%	Low
28	Rázuri, La Libertad	$81	31	$195	19.5%	Low
29	Chontabamba, Pasco	$78	77	$268	20.0%	Low
30	Barranca, Lima	$71	36	$224	20.6%	Low
31	Lima Metropolitan Area, Lima	$68	10,890	$511	35.7%	Low
32	Oxapampa, Pasco	$65	264	$219	21.2%	Low
33	San Juan Bautista, Loreto	$63	37	$244	20.4%	Low
34	La Banda de Shilcayo, San Martín	$62	37	$409	25.0%	Low
35	Ica, Ica	$62	394	$316	22.2%	Low
36	Ilo, Moquegua	$60	37	$195	20.3%	Low
37	Miraflores, Provincia de Lima	$60	386	$651	43.0%	Low
38	Huanchaco, La Libertad	$58	135	$229	23.5%	Low
39	Pimentel, Lambayeque	$57	76	$230	22.6%	Low
40	Yucay, Cusco	$55	24	$117	18.7%	Low
41	Los Baños del Inca, Cajamarca	$55	52	$199	22.1%	Low
42	Lima, Provincia de Lima	$55	393	$485	41.1%	Low
43	Pacasmayo, La Libertad	$53	32	$229	21.1%	Low
44	Santiago de Surco, Lima Province	$52	36	$352	35.1%	Low
45	Villa Rica, Pasco	$52	28	$94	15.6%	Low
46	San Isidro, Lima Province	$52	106	$527	42.9%	Low
47	Pisco, Ica	$51	44	$198	22.2%	Low
48	Chanchamayo, Junín	$50	26	$104	17.6%	Low
49	Ollantaytambo, Cusco	$50	148	$285	24.7%	Low
50	Cerro Colorado, Arequipa	$49	108	$284	28.5%	Low
51	Tambopata, Madre de Dios	$48	56	$219	21.5%	Low
52	Machupicchu, Cusco	$47	288	$269	26.3%	Low
53	Piura, Piura	$46	180	$228	25.0%	Low
54	Barranco, Lima Province	$46	165	$411	39.8%	Low
55	Chachapoyas, Amazonas	$45	44	$121	19.8%	Low
56	Lince, Provincia de Lima	$45	29	$368	36.2%	Low
57	Rupa-Rupa, Huánuco	$44	46	$155	19.6%	Low
58	Lobitos, Piura	$44	26	$83	21.0%	Low
59	Santa Ana, Cusco	$44	30	$89	16.1%	Low
60	District of Tumbes, Tumbes	$43	29	$179	24.6%	Low
61	Pisac, Cusco	$43	175	$325	30.9%	Low
62	Jesús María, Lima Province	$43	67	$371	36.7%	Low
63	Independencia, Ancash	$42	113	$112	21.3%	Low
64	Puno, Puno	$42	326	$206	24.1%	Low
65	Arequipa, Arequipa	$42	707	$271	30.3%	Low
66	Distrito de Cusco, Cusco	$42	2,009	$400	37.9%	Low
67	Surquillo, Lima Province	$42	26	$323	40.5%	Low
68	Cusco, Cuzco	$41	257	$398	39.0%	Low
69	Cayma, Arequipa	$41	161	$301	34.5%	Low
70	Santiago, Cusco	$40	167	$261	32.2%	Low
71	San Miguel, Lima Province	$40	79	$252	29.3%	Low
72	Wanchaq, Cusco	$40	503	$354	35.4%	Low
73	Víctor Larco Herrera, La Libertad	$39	81	$236	27.8%	Low
74	Nazca, Ica	$39	24	$162	16.5%	Low
75	Paucarpata, Arequipa	$39	24	$144	29.7%	Low
76	Cusco, Cusco	$38	100	$301	36.3%	Low
77	Huaraz, Ancash	$38	318	$176	25.5%	Low
78	Cajamarca, Cajamarca	$37	388	$158	24.9%	Low
79	Moyobamba, San Martín	$37	35	$125	20.9%	Low
80	Yanahuara, Arequipa	$37	165	$235	32.1%	Low
81	Tarapoto, San Martín	$36	247	$222	27.7%	Low
82	José Luis Bustamante y Rivero, Arequipa	$36	91	$202	28.7%	Low
83	Callao, Callao Region	$36	25	$211	26.2%	Low
84	Tacna, Tacna	$35	213	$149	24.2%	Low
85	Iquitos, Loreto	$35	252	$181	27.4%	Low
86	Ayacucho, Ayacucho	$34	208	$134	22.1%	Low
87	Chiclayo, Lambayeque	$33	191	$182	25.9%	Low
88	Trujillo, La Libertad	$33	325	$168	26.4%	Low
89	Magdalena del Mar, Lima Province	$33	45	$298	36.2%	Low
90	San Sebastián, Cusco	$33	75	$133	26.2%	Low
91	Coronel Gregorio Albarracín Lanchipa, Tacna	$32	27	$115	21.3%	Low
92	Huancayo, Junín	$32	124	$155	25.6%	Low
93	El Tambo, Junín	$32	80	$96	19.2%	Low
94	Cuzco, Cuzco	$31	45	$207	37.9%	Low
95	Castilla, Piura	$31	56	$123	26.6%	Low
96	Huánuco, Huánuco	$30	35	$132	23.0%	Low
97	Nuevo Chimbote, Ancash	$30	31	$199	25.2%	Low
98	Miraflores, Arequipa	$28	59	$216	36.4%	Low
99	Callería, Ucayali	$27	56	$161	28.8%	Low
100	Yarinacocha, Ucayali	$23	39	$100	24.4%	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, $651/month revenue, and 386 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%	386	$651	$60	Low
2	Lima, Provincia de Lima	41.1%	393	$485	$55	Low
3	Distrito de Cusco, Cusco	37.9%	2,009	$400	$42	Low
4	Lima Metropolitan Area, Lima	35.7%	10,890	$511	$68	Low
5	Wanchaq, Cusco	35.4%	503	$354	$40	Low
6	Arequipa, Arequipa	30.3%	707	$271	$42	Low
7	Máncora, Piura	26.9%	386	$1,073	$163	Low
8	Trujillo, La Libertad	26.4%	325	$168	$33	Low
9	Huaraz, Ancash	25.5%	318	$176	$38	Low
10	Cajamarca, Cajamarca	24.9%	388	$158	$37	Low
11	Los Órganos, Piura	24.1%	341	$1,010	$186	Low
12	Puno, Puno	24.1%	326	$206	$42	Low
13	Ica, Ica	22.2%	394	$316	$62	Low
14	Asia, Lima	18.8%	339	$607	$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 10,890 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 $1,180. 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 25.2% occupancy, and the top performer posts $1,180 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 25.2%. 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 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 2026-05-04. Revenue figures are market averages, not projections. For full methodology, see the data methodology page.

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