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

Source: AirROI Reviewed by Jun Zhou , Founder @ AirROI

Updated: 2026-06-02

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 10,651 active listings and $540/month revenue. Across all ranked markets, average occupancy is 25.9% with $361/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.

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 10,651 active short-term rental listings and $540/month in average revenue.

#	Market	Active Listings (TTM)	Revenue/mo	ADR	Occupancy	Regulation
1	Lima Metropolitan Area, Lima	10,651	$540	$73	35.5%	Low
2	Distrito de Cusco, Cusco	1,986	$412	$44	37.5%	Low
3	Lima, Provincia de Lima	1,441	$348	$59	39.2%	Low
4	Arequipa, Arequipa	923	$244	$43	29.4%	Low
5	Cuzco, Cuzco	537	$132	$38	28.2%	Low
6	Ica, Ica	493	$282	$65	21.6%	Low
7	Wanchaq, Cusco	488	$366	$43	34.7%	Low
8	Cajamarca, Cajamarca	476	$156	$39	24.6%	Low
9	Puno, Puno	431	$188	$43	24.2%	Low
10	Máncora, Piura	410	$1,049	$161	26.3%	Low
11	Trujillo, La Libertad	408	$163	$37	26.7%	Low
12	Miraflores, Provincia de Lima	393	$698	$64	45.2%	Low
13	Huaraz, Ancash	390	$163	$39	24.5%	Low
14	Asia, Lima	389	$636	$218	18.8%	Low
15	Los Órganos, Piura	332	$1,071	$195	24.3%	Low
16	Barranco, Lima Province	323	$370	$50	43.0%	Low
17	Paracas, Ica	318	$737	$170	21.2%	Low
18	Tarapoto, San Martín	304	$215	$43	26.8%	Low
19	Oxapampa, Pasco	300	$213	$68	20.8%	Low
20	Iquitos, Loreto	291	$182	$36	27.5%	Low
21	Ayacucho, Ayacucho	287	$122	$36	21.9%	Low
22	Machupicchu, Cusco	281	$283	$50	26.0%	Low
23	Tacna, Tacna	278	$144	$37	24.1%	Low
24	Piura, Piura	271	$199	$47	25.5%	Low
25	Cusco, Cuzco	267	$418	$43	41.0%	Low
26	Urubamba, Cusco	263	$454	$86	25.0%	Low
27	Chiclayo, Lambayeque	261	$179	$38	26.0%	Low
28	Cerro Azul, Lima	258	$510	$189	18.8%	Low
29	San Miguel, Lima Province	250	$198	$43	32.2%	Low
30	District of Zorritos, Tumbes	238	$714	$165	20.5%	Low
31	San Isidro, Lima Province	208	$424	$58	42.4%	Low
32	Yanahuara, Arequipa	191	$225	$39	31.5%	Low
33	Pisac, Cusco	189	$316	$45	30.8%	Low
34	District of Canoas de Punta Sal, Tumbes	189	$1,246	$217	22.2%	Low
35	Ollantaytambo, Cusco	179	$275	$50	24.8%	Low
36	Cayma, Arequipa	176	$307	$45	34.9%	Low
37	Jesús María, Lima Province	170	$302	$47	39.0%	Low
38	Huancayo, Junín	168	$136	$34	24.3%	Low
39	Santiago, Cusco	163	$266	$43	31.6%	Low
40	Huanchaco, La Libertad	134	$239	$61	22.7%	Low
41	Cerro Colorado, Arequipa	133	$234	$49	27.2%	Low
42	Calca, Cusco	132	$558	$104	29.5%	Low
43	Magdalena del Mar, Lima Province	131	$288	$54	36.7%	Low
44	Mala, Lima	130	$684	$211	19.2%	Low
45	San Antonio, Lima	124	$687	$215	20.4%	Low
46	Independencia, Ancash	115	$114	$45	21.0%	Low
47	José Luis Bustamante y Rivero, Arequipa	112	$182	$38	27.7%	Low
48	Víctor Larco Herrera, La Libertad	109	$219	$40	28.6%	Low
49	Lunahuaná, Lima	107	$529	$147	16.2%	Low
50	Cusco, Cusco	103	$323	$40	37.4%	Low
51	Santiago de Surco, Lima Province	100	$284	$50	37.0%	Low
52	Mollendo, Arequipa	95	$272	$86	21.2%	Low
53	Pimentel, Lambayeque	94	$228	$61	23.3%	Low
54	La Victoria, Lima Province	84	$220	$46	36.7%	Low
55	El Tambo, Junín	82	$95	$34	18.7%	Low
56	El Carmen, Ica	81	$1,094	$271	20.5%	Low
57	Chontabamba, Pasco	81	$267	$83	19.6%	Low
58	Callao, Callao Region	76	$134	$33	28.1%	Low
59	San Sebastián, Cusco	76	$131	$35	25.6%	Low
60	Santa Cruz de Flores, Lima	76	$889	$239	20.9%	Low
61	Surquillo, Lima Province	75	$245	$42	39.7%	Low
62	Miraflores, Arequipa	67	$208	$30	35.5%	Low
63	Pisco, Ica	62	$202	$70	19.5%	Low
64	Los Baños del Inca, Cajamarca	60	$190	$63	21.4%	Low
65	Colán, Piura	59	$276	$141	13.1%	Low
66	San Bartolo, Provincia de Lima	59	$511	$133	26.3%	Low
67	Pueblo Libre, Lima Province	56	$150	$36	34.6%	Low
68	Tambopata, Madre de Dios	56	$228	$51	21.7%	Low
69	Callería, Ucayali	56	$173	$29	28.9%	Low
70	Chachapoyas, Amazonas	55	$121	$45	20.6%	Low
71	Castilla, Piura	54	$125	$33	25.7%	Low
72	Samuel Pastor, Arequipa	52	$233	$141	16.2%	Low
73	Chincha Baja, Ica	51	$1,090	$249	21.1%	Low
74	Punta Hermosa, Lima Province	51	$624	$147	28.7%	Low
75	Huayllabamba, Cusco	49	$1,184	$161	29.0%	Low
76	Ilo, Moquegua	48	$174	$68	20.4%	Low
77	Nuevo Chimbote, Ancash	47	$169	$35	23.9%	Low
78	Aguas Calientes, Cuzco	47	$163	$44	24.7%	Low
79	Pacasmayo, La Libertad	47	$173	$59	17.6%	Low
80	San Borja, Lima Province	47	$201	$39	34.8%	Low
81	Rupa-Rupa, Huánuco	46	$161	$48	18.8%	Low
82	Santa Eulalia, Lima	42	$763	$207	18.3%	Low
83	Pucallpa, Ucayali	42	$87	$27	26.1%	Low
84	Comandante Noel, Ancash	41	$336	$141	19.3%	Low
85	Huancabamba, Pasco	41	$393	$115	20.1%	Low
86	Cieneguilla, Provincia de Lima	41	$1,124	$277	26.6%	Low
87	Chilca, Lima	40	$518	$193	16.5%	Low
88	Chorrillos, Lima Province	40	$141	$38	26.5%	Low
89	Huánuco, Huánuco	39	$139	$35	23.7%	Low
90	Pachacámac, Provincia de Lima	38	$914	$247	24.9%	Low
91	Punta Negra, Provincia de Lima	38	$373	$154	19.3%	Low
92	Moyobamba, San Martín	38	$127	$41	21.1%	Low
93	Barranca, Lima	37	$236	$75	19.8%	Low
94	La Banda de Shilcayo, San Martín	37	$418	$66	24.1%	Low
95	Yarinacocha, Ucayali	37	$110	$25	24.7%	Low
96	San Juan Bautista, Loreto	35	$264	$79	19.0%	Low
97	San Ramón, Junín	34	$213	$103	14.0%	Low
98	Santa Rosa de Quives, Lima	33	$553	$190	16.2%	Low
99	Lobitos, Piura	32	$122	$58	20.4%	Low
100	Juliaca, Puno	32	$65	$26	21.6%	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 $1,246/month at $217 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	$1,246	189	$217	22.2%	Low
2	Huayllabamba, Cusco	$1,184	49	$161	29.0%	Low
3	Cieneguilla, Provincia de Lima	$1,124	41	$277	26.6%	Low
4	El Carmen, Ica	$1,094	81	$271	20.5%	Low
5	Chincha Baja, Ica	$1,090	51	$249	21.1%	Low
6	Los Órganos, Piura	$1,071	332	$195	24.3%	Low
7	Máncora, Piura	$1,049	410	$161	26.3%	Low
8	Pachacámac, Provincia de Lima	$914	38	$247	24.9%	Low
9	Santa Cruz de Flores, Lima	$889	76	$239	20.9%	Low
10	Santa Eulalia, Lima	$763	42	$207	18.3%	Low
11	Paracas, Ica	$737	318	$170	21.2%	Low
12	District of Zorritos, Tumbes	$714	238	$165	20.5%	Low
13	Miraflores, Provincia de Lima	$698	393	$64	45.2%	Low
14	San Antonio, Lima	$687	124	$215	20.4%	Low
15	Mala, Lima	$684	130	$211	19.2%	Low
16	Asia, Lima	$636	389	$218	18.8%	Low
17	Punta Hermosa, Lima Province	$624	51	$147	28.7%	Low
18	Calca, Cusco	$558	132	$104	29.5%	Low
19	Santa Rosa de Quives, Lima	$553	33	$190	16.2%	Low
20	Lima Metropolitan Area, Lima	$540	10,651	$73	35.5%	Low
21	Lunahuaná, Lima	$529	107	$147	16.2%	Low
22	Chilca, Lima	$518	40	$193	16.5%	Low
23	San Bartolo, Provincia de Lima	$511	59	$133	26.3%	Low
24	Cerro Azul, Lima	$510	258	$189	18.8%	Low
25	Urubamba, Cusco	$454	263	$86	25.0%	Low
26	San Isidro, Lima Province	$424	208	$58	42.4%	Low
27	Cusco, Cuzco	$418	267	$43	41.0%	Low
28	La Banda de Shilcayo, San Martín	$418	37	$66	24.1%	Low
29	Distrito de Cusco, Cusco	$412	1,986	$44	37.5%	Low
30	Huancabamba, Pasco	$393	41	$115	20.1%	Low
31	Punta Negra, Provincia de Lima	$373	38	$154	19.3%	Low
32	Barranco, Lima Province	$370	323	$50	43.0%	Low
33	Wanchaq, Cusco	$366	488	$43	34.7%	Low
34	Lima, Provincia de Lima	$348	1,441	$59	39.2%	Low
35	Comandante Noel, Ancash	$336	41	$141	19.3%	Low
36	Cusco, Cusco	$323	103	$40	37.4%	Low
37	Pisac, Cusco	$316	189	$45	30.8%	Low
38	Cayma, Arequipa	$307	176	$45	34.9%	Low
39	Jesús María, Lima Province	$302	170	$47	39.0%	Low
40	Magdalena del Mar, Lima Province	$288	131	$54	36.7%	Low
41	Santiago de Surco, Lima Province	$284	100	$50	37.0%	Low
42	Machupicchu, Cusco	$283	281	$50	26.0%	Low
43	Ica, Ica	$282	493	$65	21.6%	Low
44	Colán, Piura	$276	59	$141	13.1%	Low
45	Ollantaytambo, Cusco	$275	179	$50	24.8%	Low
46	Mollendo, Arequipa	$272	95	$86	21.2%	Low
47	Chontabamba, Pasco	$267	81	$83	19.6%	Low
48	Santiago, Cusco	$266	163	$43	31.6%	Low
49	San Juan Bautista, Loreto	$264	35	$79	19.0%	Low
50	Surquillo, Lima Province	$245	75	$42	39.7%	Low
51	Arequipa, Arequipa	$244	923	$43	29.4%	Low
52	Huanchaco, La Libertad	$239	134	$61	22.7%	Low
53	Barranca, Lima	$236	37	$75	19.8%	Low
54	Cerro Colorado, Arequipa	$234	133	$49	27.2%	Low
55	Samuel Pastor, Arequipa	$233	52	$141	16.2%	Low
56	Pimentel, Lambayeque	$228	94	$61	23.3%	Low
57	Tambopata, Madre de Dios	$228	56	$51	21.7%	Low
58	Yanahuara, Arequipa	$225	191	$39	31.5%	Low
59	La Victoria, Lima Province	$220	84	$46	36.7%	Low
60	Víctor Larco Herrera, La Libertad	$219	109	$40	28.6%	Low
61	Tarapoto, San Martín	$215	304	$43	26.8%	Low
62	Oxapampa, Pasco	$213	300	$68	20.8%	Low
63	San Ramón, Junín	$213	34	$103	14.0%	Low
64	Miraflores, Arequipa	$208	67	$30	35.5%	Low
65	Pisco, Ica	$202	62	$70	19.5%	Low
66	San Borja, Lima Province	$201	47	$39	34.8%	Low
67	Piura, Piura	$199	271	$47	25.5%	Low
68	San Miguel, Lima Province	$198	250	$43	32.2%	Low
69	Los Baños del Inca, Cajamarca	$190	60	$63	21.4%	Low
70	Puno, Puno	$188	431	$43	24.2%	Low
71	José Luis Bustamante y Rivero, Arequipa	$182	112	$38	27.7%	Low
72	Iquitos, Loreto	$182	291	$36	27.5%	Low
73	Chiclayo, Lambayeque	$179	261	$38	26.0%	Low
74	Ilo, Moquegua	$174	48	$68	20.4%	Low
75	Callería, Ucayali	$173	56	$29	28.9%	Low
76	Pacasmayo, La Libertad	$173	47	$59	17.6%	Low
77	Nuevo Chimbote, Ancash	$169	47	$35	23.9%	Low
78	Huaraz, Ancash	$163	390	$39	24.5%	Low
79	Aguas Calientes, Cuzco	$163	47	$44	24.7%	Low
80	Trujillo, La Libertad	$163	408	$37	26.7%	Low
81	Rupa-Rupa, Huánuco	$161	46	$48	18.8%	Low
82	Cajamarca, Cajamarca	$156	476	$39	24.6%	Low
83	Pueblo Libre, Lima Province	$150	56	$36	34.6%	Low
84	Tacna, Tacna	$144	278	$37	24.1%	Low
85	Chorrillos, Lima Province	$141	40	$38	26.5%	Low
86	Huánuco, Huánuco	$139	39	$35	23.7%	Low
87	Huancayo, Junín	$136	168	$34	24.3%	Low
88	Callao, Callao Region	$134	76	$33	28.1%	Low
89	Cuzco, Cuzco	$132	537	$38	28.2%	Low
90	San Sebastián, Cusco	$131	76	$35	25.6%	Low
91	Moyobamba, San Martín	$127	38	$41	21.1%	Low
92	Castilla, Piura	$125	54	$33	25.7%	Low
93	Ayacucho, Ayacucho	$122	287	$36	21.9%	Low
94	Lobitos, Piura	$122	32	$58	20.4%	Low
95	Chachapoyas, Amazonas	$121	55	$45	20.6%	Low
96	Independencia, Ancash	$114	115	$45	21.0%	Low
97	Yarinacocha, Ucayali	$110	37	$25	24.7%	Low
98	El Tambo, Junín	$95	82	$34	18.7%	Low
99	Pucallpa, Ucayali	$87	42	$27	26.1%	Low
100	Juliaca, Puno	$65	32	$26	21.6%	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. Cieneguilla, Provincia de Lima commands the highest Airbnb nightly rate in Peru at $277/night, generating $1,124/month at 26.6% 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	Cieneguilla, Provincia de Lima	$277	41	$1,124	26.6%	Low
2	El Carmen, Ica	$271	81	$1,094	20.5%	Low
3	Chincha Baja, Ica	$249	51	$1,090	21.1%	Low
4	Pachacámac, Provincia de Lima	$247	38	$914	24.9%	Low
5	Santa Cruz de Flores, Lima	$239	76	$889	20.9%	Low
6	Asia, Lima	$218	389	$636	18.8%	Low
7	District of Canoas de Punta Sal, Tumbes	$217	189	$1,246	22.2%	Low
8	San Antonio, Lima	$215	124	$687	20.4%	Low
9	Mala, Lima	$211	130	$684	19.2%	Low
10	Santa Eulalia, Lima	$207	42	$763	18.3%	Low
11	Los Órganos, Piura	$195	332	$1,071	24.3%	Low
12	Chilca, Lima	$193	40	$518	16.5%	Low
13	Santa Rosa de Quives, Lima	$190	33	$553	16.2%	Low
14	Cerro Azul, Lima	$189	258	$510	18.8%	Low
15	Paracas, Ica	$170	318	$737	21.2%	Low
16	District of Zorritos, Tumbes	$165	238	$714	20.5%	Low
17	Máncora, Piura	$161	410	$1,049	26.3%	Low
18	Huayllabamba, Cusco	$161	49	$1,184	29.0%	Low
19	Punta Negra, Provincia de Lima	$154	38	$373	19.3%	Low
20	Lunahuaná, Lima	$147	107	$529	16.2%	Low
21	Punta Hermosa, Lima Province	$147	51	$624	28.7%	Low
22	Comandante Noel, Ancash	$141	41	$336	19.3%	Low
23	Samuel Pastor, Arequipa	$141	52	$233	16.2%	Low
24	Colán, Piura	$141	59	$276	13.1%	Low
25	San Bartolo, Provincia de Lima	$133	59	$511	26.3%	Low
26	Huancabamba, Pasco	$115	41	$393	20.1%	Low
27	Calca, Cusco	$104	132	$558	29.5%	Low
28	San Ramón, Junín	$103	34	$213	14.0%	Low
29	Mollendo, Arequipa	$86	95	$272	21.2%	Low
30	Urubamba, Cusco	$86	263	$454	25.0%	Low
31	Chontabamba, Pasco	$83	81	$267	19.6%	Low
32	San Juan Bautista, Loreto	$79	35	$264	19.0%	Low
33	Barranca, Lima	$75	37	$236	19.8%	Low
34	Lima Metropolitan Area, Lima	$73	10,651	$540	35.5%	Low
35	Pisco, Ica	$70	62	$202	19.5%	Low
36	Oxapampa, Pasco	$68	300	$213	20.8%	Low
37	Ilo, Moquegua	$68	48	$174	20.4%	Low
38	La Banda de Shilcayo, San Martín	$66	37	$418	24.1%	Low
39	Ica, Ica	$65	493	$282	21.6%	Low
40	Miraflores, Provincia de Lima	$64	393	$698	45.2%	Low
41	Los Baños del Inca, Cajamarca	$63	60	$190	21.4%	Low
42	Huanchaco, La Libertad	$61	134	$239	22.7%	Low
43	Pimentel, Lambayeque	$61	94	$228	23.3%	Low
44	Lima, Provincia de Lima	$59	1,441	$348	39.2%	Low
45	Pacasmayo, La Libertad	$59	47	$173	17.6%	Low
46	Lobitos, Piura	$58	32	$122	20.4%	Low
47	San Isidro, Lima Province	$58	208	$424	42.4%	Low
48	Magdalena del Mar, Lima Province	$54	131	$288	36.7%	Low
49	Tambopata, Madre de Dios	$51	56	$228	21.7%	Low
50	Ollantaytambo, Cusco	$50	179	$275	24.8%	Low
51	Santiago de Surco, Lima Province	$50	100	$284	37.0%	Low
52	Barranco, Lima Province	$50	323	$370	43.0%	Low
53	Machupicchu, Cusco	$50	281	$283	26.0%	Low
54	Cerro Colorado, Arequipa	$49	133	$234	27.2%	Low
55	Rupa-Rupa, Huánuco	$48	46	$161	18.8%	Low
56	Piura, Piura	$47	271	$199	25.5%	Low
57	Jesús María, Lima Province	$47	170	$302	39.0%	Low
58	La Victoria, Lima Province	$46	84	$220	36.7%	Low
59	Cayma, Arequipa	$45	176	$307	34.9%	Low
60	Chachapoyas, Amazonas	$45	55	$121	20.6%	Low
61	Pisac, Cusco	$45	189	$316	30.8%	Low
62	Independencia, Ancash	$45	115	$114	21.0%	Low
63	Distrito de Cusco, Cusco	$44	1,986	$412	37.5%	Low
64	Aguas Calientes, Cuzco	$44	47	$163	24.7%	Low
65	Puno, Puno	$43	431	$188	24.2%	Low
66	Santiago, Cusco	$43	163	$266	31.6%	Low
67	Arequipa, Arequipa	$43	923	$244	29.4%	Low
68	Cusco, Cuzco	$43	267	$418	41.0%	Low
69	San Miguel, Lima Province	$43	250	$198	32.2%	Low
70	Tarapoto, San Martín	$43	304	$215	26.8%	Low
71	Wanchaq, Cusco	$43	488	$366	34.7%	Low
72	Surquillo, Lima Province	$42	75	$245	39.7%	Low
73	Moyobamba, San Martín	$41	38	$127	21.1%	Low
74	Cusco, Cusco	$40	103	$323	37.4%	Low
75	Víctor Larco Herrera, La Libertad	$40	109	$219	28.6%	Low
76	Cajamarca, Cajamarca	$39	476	$156	24.6%	Low
77	Yanahuara, Arequipa	$39	191	$225	31.5%	Low
78	Huaraz, Ancash	$39	390	$163	24.5%	Low
79	San Borja, Lima Province	$39	47	$201	34.8%	Low
80	Chiclayo, Lambayeque	$38	261	$179	26.0%	Low
81	Chorrillos, Lima Province	$38	40	$141	26.5%	Low
82	Cuzco, Cuzco	$38	537	$132	28.2%	Low
83	José Luis Bustamante y Rivero, Arequipa	$38	112	$182	27.7%	Low
84	Trujillo, La Libertad	$37	408	$163	26.7%	Low
85	Tacna, Tacna	$37	278	$144	24.1%	Low
86	Iquitos, Loreto	$36	291	$182	27.5%	Low
87	Pueblo Libre, Lima Province	$36	56	$150	34.6%	Low
88	Ayacucho, Ayacucho	$36	287	$122	21.9%	Low
89	San Sebastián, Cusco	$35	76	$131	25.6%	Low
90	Huánuco, Huánuco	$35	39	$139	23.7%	Low
91	Nuevo Chimbote, Ancash	$35	47	$169	23.9%	Low
92	El Tambo, Junín	$34	82	$95	18.7%	Low
93	Huancayo, Junín	$34	168	$136	24.3%	Low
94	Callao, Callao Region	$33	76	$134	28.1%	Low
95	Castilla, Piura	$33	54	$125	25.7%	Low
96	Miraflores, Arequipa	$30	67	$208	35.5%	Low
97	Callería, Ucayali	$29	56	$173	28.9%	Low
98	Pucallpa, Ucayali	$27	42	$87	26.1%	Low
99	Juliaca, Puno	$26	32	$65	21.6%	Low
100	Yarinacocha, Ucayali	$25	37	$110	24.7%	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 45.2% occupancy, $698/month revenue, and 393 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	45.2%	393	$698	$64	Low
2	Barranco, Lima Province	43.0%	323	$370	$50	Low
3	Lima, Provincia de Lima	39.2%	1,441	$348	$59	Low
4	Distrito de Cusco, Cusco	37.5%	1,986	$412	$44	Low
5	Lima Metropolitan Area, Lima	35.5%	10,651	$540	$73	Low
6	Wanchaq, Cusco	34.7%	488	$366	$43	Low
7	Arequipa, Arequipa	29.4%	923	$244	$43	Low
8	Cuzco, Cuzco	28.2%	537	$132	$38	Low
9	Tarapoto, San Martín	26.8%	304	$215	$43	Low
10	Trujillo, La Libertad	26.7%	408	$163	$37	Low
11	Máncora, Piura	26.3%	410	$1,049	$161	Low
12	Cajamarca, Cajamarca	24.6%	476	$156	$39	Low
13	Huaraz, Ancash	24.5%	390	$163	$39	Low
14	Los Órganos, Piura	24.3%	332	$1,071	$195	Low
15	Puno, Puno	24.2%	431	$188	$43	Low
16	Ica, Ica	21.6%	493	$282	$65	Low
17	Paracas, Ica	21.2%	318	$737	$170	Low
18	Oxapampa, Pasco	20.8%	300	$213	$68	Low
19	Asia, Lima	18.8%	389	$636	$218	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 10,651 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 $1,246. 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 45.2%. 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?

Cieneguilla, Provincia de Lima commands the highest average daily rate at $277 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), Lima (Provincia de Lima) 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 25.9% occupancy, and the top performer posts $1,246 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 25.9%. 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 103 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 2026-06-02. Revenue figures are market averages, not projections. For full methodology, see the data methodology page.

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