Stella's garden Entire home · 3 bedrooms Rated 4.92 - Revenue
- ₩41.1M
- Occupancy
- 22.9%
- Daily rate
- ₩464,525
Airbnb market data · 202612 months to September 2026
The average Airbnb in Changwon-si brought in ₩6,180,142 over the 12 months through September 2026, about 40% less than the South Gyeongsang average of ₩10,236,828.
The short answer
Changwon-si is cheaper but busier than the South Gyeongsang average. Listings averaged ₩111,027 a night and were booked on 26% of available nights, against ₩172,000 and 23% for the South Gyeongsang average.
Timing matters: in July, usually the best month, the average listing earns about 2.3 times as much as in March, usually the slowest.
With 83 active listings, Changwon-si is the third-largest of 21 South Gyeongsang markets AirROI tracks. From a year earlier, average revenue fell 9% while the number of active listings shrank 45%.
Browse the live Changwon-si Airbnb market See Every Changwon-si ListingRevenue
Gross bookings per Changwon-si listing averaged ₩6,180,142 over the 12 months to September 2026 (South Gyeongsang average: ₩10,236,828), before cleaning, platform and management costs and taxes.
In a typical year, the average Changwon-si listing brings in ₩1,280,000 in July, its best month, and ₩564,000 in March, its slowest. The three strongest months bring in 32% of a full year's revenue, where an even calendar would give any three months 25%.
In a typical month, a top-quarter listing earns at least 5.6 times as much as a bottom-quarter one.
These are monthly figures for listings active in each month. The annual average above also counts listings that operated for only part of the year, so it runs below twelve times these figures.
July earns about 2.3 times what March does
Average revenue per active listing, by month, September 2024 to August 2026
The dashed line is the average of the months shown, ₩927,000. Each point is one month as recorded, averaged over the listings active in it. The best and slowest months in the text average each calendar month over the past two years, so they can differ from the highest and lowest points here.
Latest 12 months in the September 2026 data. September's figures are still coming in, so the rows run to August.
July 2026 led on revenue. Nightly rates peaked in August 2026 and bookings in May 2026, so the best-paying month is not always the busiest or the priciest.
| Month | Avg. Revenue | Occupancy | Avg. Nightly Rate | RevPAR | Booking Lead Time | Avg. Length of Stay |
|---|---|---|---|---|---|---|
| Sep 2025 | ₩739,616 | 31.6% | ₩91,467 | ₩24,654 | 18 days | 3.3 nights |
| Oct 2025 | ₩1,012,103 | 33.3% | ₩94,080 | ₩32,648 | 27 days | 3.7 nights |
| Nov 2025 | ₩856,958 | 32.6% | ₩91,613 | ₩28,565 | 18 days | 3.2 nights |
| Dec 2025 | ₩811,211 | 27.3% | ₩91,759 | ₩26,168 | 27 days | 3 nights |
| Jan 2026 | ₩908,796 | 21.9% | ₩91,513 | ₩29,316 | 18 days | 2.2 nights |
| Feb 2026 | ₩673,293 | 18.5% | ₩91,696 | ₩24,046 | 13 days | 2.2 nights |
| Mar 2026 | ₩563,900 | 15.1% | ₩94,149 | ₩18,190 | 33 days | 1.7 nights |
| Apr 2026 | ₩708,332 | 16.1% | ₩94,581 | ₩23,611 | 36 days | 2 nights |
| May 2026 | ₩1,552,351 | 35.5% | ₩110,526 | ₩50,076 | 21 days | 3.5 nights |
| Jun 2026 | ₩1,025,213 | 26.5% | ₩117,472 | ₩34,174 | 37 days | 2.2 nights |
| Jul 2026 | ₩1,652,319 | 32.8% | ₩119,076 | ₩53,301 | 19 days | 4.8 nights |
| Aug 2026 | ₩1,044,204 | 24.0% | ₩119,215 | ₩33,684 | 20 days | 3.1 nights |
Averages per active listing in each month. Highlighted: the highest-revenue month of the 12. RevPAR is the month's revenue spread over its nights, booked or not. Booking lead time is the days between booking and check-in, and length of stay the nights per booking, for stays in that month.
For a figure on one home rather than the whole Changwon-si market, enter its address and size in the Airbnb income calculator, which compares it with similar listings nearby.
Profit
Yes, when it's run well. The average Changwon-si Airbnb took in ₩6,180,142 in the 12 months to September 2026, an average that counts every active listing, including those open only part of the year. A listing in the top quarter took in about ₩14,355,000, and run by its owner at everyday costs, about ₩897,000 a month of that is left after running costs, so a home that costs less than that to own or rent makes money.
These amounts come before housing costs. Where the mortgage or rent is less each month, the difference is profit; a home owned outright keeps it all after property tax, home insurance and any building or condo fees.
| Line | Average listing | Top-quarter listing |
|---|---|---|
| Money in | ||
| Nightly bookings | ₩6,111,142 | ₩14,195,000 |
| Cleaning fees guests pay1% of Changwon-si bookings | ₩69,000 | ₩160,000 |
| Gross bookings | ₩6,180,142 | ₩14,355,000 |
| Running costs | ||
| Airbnb's feeAbout 13%: 15.5% for the 82% of Changwon-si listings on Simplified Pricing, 3% for the rest | −₩818,000 | −₩1,901,000 |
| Cleaning and laundryPaid for by the cleaning fee; ₩0 if you clean yourself | −₩69,000 | −₩160,000 |
| Utilities and internetAbout 5% of bookings | −₩309,000 | −₩718,000 |
| Guest suppliesToiletries, coffee, paper goods: about 2% | −₩124,000 | −₩287,000 |
| Repairs and upkeepIncluding linens and small replacements: about 3% | −₩185,000 | −₩431,000 |
| Short-term rental insuranceOne policy, on top of Airbnb's free AirCover | −₩62,000 | −₩62,000 |
| Permit and registrationWhere one is required | −₩31,000 | −₩31,000 |
| Management₩0 when you run it; co-hosts charge from about 10% of nightly bookings | ₩0 | ₩0 |
| Pricing and messaging toolsOptional; Airbnb's own tools are free | ₩0 | ₩0 |
| Lodging taxesAdded to the guest's bill and passed on | ₩0 | ₩0 |
| Total running costsAbout 25% of bookings, plus cleaning paid for by the cleaning fee | −₩1,598,000 | −₩3,590,000 |
| Left for housing costs, then profit | ₩4,582,142about ₩382,000 a month | ₩10,765,000about ₩897,000 a month |
| Housing costs | ||
| Mortgage or rent, property tax, home insurance, building or condo fees | Depend on the home | |
The estimate starts from Changwon-si's average listing, run by its owner. Change how the listing performs, who runs it and who cleans to see what is left for the mortgage or rent.
To work out the profit on one Changwon-si home, with its price, its mortgage or rent and your own costs, use the Airbnb profit calculator. It starts from the comparable listings around the address.
What a listing keeps comes down to the figures this page measures: nightly rate, nights booked and the months it's open. A listing at the top-quarter mark takes in about ₩1,196,000 a month, against ₩515,000 for the average one.
Occupancy
Changwon-si listings were booked on 26% of the nights they were open over the past year, 3 percentage points above the South Gyeongsang average (23%) and 14 points below the South Korea average (40%). In a typical year, occupancy climbs to 38% in October and falls to 15% in March.
The busiest tenth of listings are booked about 6.2 times as often as the bottom quarter.
October is usually the busiest month in Changwon-si, March the quietest
Share of open nights booked, by month, September 2024 to August 2026
The 12-month rate of 26% averages each listing's whole year, slow months included; each month here counts only the listings booked in it.
Nightly rates
The average nightly rate in Changwon-si, known as ADR (average daily rate), was ₩111,027 over the past year, about 35% below the South Gyeongsang average of ₩172,000 and about 30% below the South Korea average of ₩159,000. Averaged month by month over the past two years, rates peak in July and August at about ₩105,000 and bottom out in September and November at about ₩87,000.
Prices span a wide range: the top 10% charge about 4.4 times the rate of the bottom quarter.
August rates run 21% above September's
Average nightly rate (ADR), by month, September 2024 to August 2026
The dashed line is the average of the months shown, ₩94,100. The 12-month ADR of ₩111,027 averages each listing's own rate across its whole year; the monthly points average listings month by month, so the two differ.
RevPAR, or revenue per available night, divides a listing's income by every night it was open to book, so it rises with both price and bookings. In Changwon-si it averaged ₩28,200 over the past year, from about ₩18,200 in a typical March to about ₩41,400 in a typical July.
A small group of listings earns several times more per open night than the rest.
July RevPAR is about 2.3 times March's
Revenue per open night (RevPAR), by month, September 2024 to August 2026
The dashed line is the average of the months shown, ₩30,400. The 12-month RevPAR of ₩28,200 averages each listing's whole year, slow months included; each month here counts only the listings booked in it.
Seasonality
Changwon-si has two high seasons, May–August and October, which makes it a moderately seasonal market. Business is slowest from February to April and slows again in September. A listing earns about 31% more a month in June through August than in December through February.
Average revenue by month in Changwon-si
Average revenue per active listing, each calendar month averaged over the past two years
The dashed line is the average of the 12 calendar months, ₩912,000.
| Month | Season | Revenue per listing |
|---|---|---|
| January | Shoulder season | ₩909,000 |
| February | Low season | ₩673,000 |
| March | Low season | ₩564,000 |
| April | Low season | ₩775,000 |
| May | High season | ₩1,220,000 |
| June | High season | ₩920,000 |
| July | High season | ₩1,280,000 |
| August | High season | ₩1,010,000 |
| September | Low season | ₩795,000 |
| October | High season | ₩1,010,000 |
| November | Shoulder season | ₩913,000 |
| December | Shoulder season | ₩872,000 |
| Season | Revenue per month | Occupancy | Nightly rate |
|---|---|---|---|
| High seasonMay–August, October | ₩1,090,000 | 33% | ₩100,409 |
| Shoulder seasonNovember–January | ₩898,000 | 30% | ₩90,018 |
| Low seasonFebruary–April, September | ₩702,000 | 26% | ₩90,401 |
Guests book Changwon-si stays 28 days ahead on average (about four weeks). March stays are booked furthest out, about 33 days ahead, and February stays closest to arrival, about 13 days. A typical March booking is made in early February.
March stays are booked furthest ahead
Average days between booking and check-in, by month of stay, September 2024 to August 2026
The 12-month figure of 28 days averages each listing's year as a whole; each month here averages only the listings with stays in it.
Permits
77% of the 83 active listings in Changwon-si display a registration, permit or license number. The share shows what hosts display, not what local rules allow: it can't show whether new permits are still issued, or whether limits on nights, zones or property types apply.
Registration, permit, zoning and tourist-tax rules vary by address and change often, so confirm them with the local authority before buying or listing in Changwon-si.
Neighborhoods
AirROI's area guide picks eight Changwon-si neighborhoods that draw short-term rental guests, led by Jinhae, Downtown Changwon and Masan. The picks reflect guest appeal, not earnings data or permit eligibility, so check local permit rules for a specific address before buying.
| Area | Who it suits | Landmarks nearby |
|---|---|---|
| Jinhae | A district renowned for its beautiful cherry blossoms and naval port, making it a popular destination during the spring season. It attracts both tourists and local visitors who want to experience the picturesque views and maritime history. | Jinhae Gunhangje Festival, Yeojwacheon Stream, Jinhae Naval Station, Changwon Marine Park, Seongjigyo Bridge |
| Downtown Changwon | The bustling heart of Changwon with a mix of businesses, shopping areas, and parks. A prime location for urban explorers looking for convenience and local culture. | Changwon Biryun Park, Changwon National University, Sungsan Art Hall, Changwon City 3-1 Park, Minpo Traditional Market |
| Masan | Known for its vibrant fish market and beautiful coastal views, Masan offers visitors a blend of cultural and natural attractions. A great spot for seafood lovers and those interested in local traditions. | Masan Fish Market, Masan Bay, Masan Judicial Hall, Daejeo Park, Maseong Park |
| Yongho-dong | This area features a mix of residential and tourist spots, with easy access to parks and cultural landmarks. Ideal for families and those looking for a quieter atmosphere. | Yongho Park, Changwon Children's Museum, Gokhyeon Park, Yongho Cathedral, Local eateries |
| Gyeongsang National University | Attracts both students and visiting academics, making it a prime location for listings aimed at educational travelers. Offers a youthful vibe with nearby cafes and leisure spots. | Gyeongsang National University Campus, Students' Cafes, Nearby parks, Cultural events, University food stalls |
| Seongsan-gu | Famous for its scenic hiking trails and natural beauty, popular with outdoor enthusiasts. Great for listings focusing on nature and adventure travelers. | Seongsan Sunrise Park, Seongsan Lighthouse, Waryong Park, Hiking trails, Local wildlife |
| Changwon's Green Spaces | Changwon is known for its environmental efforts and green parks, making it attractive to eco-conscious travelers. A peaceful area for nature lovers and those seeking outdoor activities. | Nakdong River Eco Park, Changwon Yongji Park, Bokhyeon-dong Park, Greenway Cycling Path, Flower trails |
| Dusan-dong | A residential area that offers a local experience with authentic Korean culture. Ideal for travelers wanting to experience the everyday life of locals, away from the busy tourist spots. | Dusan Park, Local markets, Traditional Korean eateries, Community events, Cultural festivals |
Area descriptions are AI-assisted from public sources and are not checked against zoning.
Listings
Changwon-si is a room-rental market as much as a whole-home one: private rooms account for 54% of listings, against 42% for entire homes. Hotels, guesthouses and B&Bs are the most common property type at 48%, ahead of houses (35%).
Private rooms are a large share of supply
Changwon-si Airbnb listings by room type
| Room type | Share of listings | Listings |
|---|---|---|
| Private room | 54.2% | 45 |
| Entire home | 42.2% | 35 |
| Shared room | 3.6% | 3 |
Listings by property type
Changwon-si Airbnb listings by property type
| Property type | Share of listings | Listings |
|---|---|---|
| Hotel/Boutique | 48.2% | 40 |
| House | 34.9% | 29 |
| Apartment/Condo | 14.5% | 12 |
| Others | 1.2% | 1 |
| Cabin/Outdoor | 1.2% | 1 |
Changwon-si's homes run small: studios and one-bedrooms make up 50% of entire homes, and only 20% of homes have three or more bedrooms. Shares are of the 30 entire homes that give a bedroom count; rented rooms are left out.
Changwon-si entire homes by number of bedrooms
Entire homes with each number of bedrooms, of those with a bedroom count on file
| Bedrooms | Share of entire homes with a bedroom count | Entire homes |
|---|---|---|
| Studio | 3.3% | 1 |
| 1 bedroom | 46.7% | 14 |
| 2 bedrooms | 30.0% | 9 |
| 3 bedrooms | 16.7% | 5 |
| 5+ bedrooms | 3.3% | 1 |
Most Changwon-si listings are sized for couples and small families: 74% sleep four guests or fewer, and just 14% take eight or more. Shares are of the 69 listings with a guest capacity on file (83% of the market).
Changwon-si listings by guest capacity
Share of listings by the number of guests they sleep, of those with a capacity on file
| Guest capacity | Share of listings with a capacity on file | Listings |
|---|---|---|
| 1 guest | 1.4% | 1 |
| 2 guests | 49.3% | 34 |
| 3 guests | 8.7% | 6 |
| 4 guests | 14.5% | 10 |
| 5 guests | 1.4% | 1 |
| 6 guests | 10.1% | 7 |
| 8+ guests | 14.5% | 10 |
Changwon-si hosts set up an average of 1.7 beds per listing, close to one bed per bedroom. About two in ten listings (19%) show their exact location on the listing map; the rest show an approximate area.
Free on-site parking is close to standard in Changwon-si: 78% of listings offer it, and 57% offer self check-in.
Share of Changwon-si listings with each common amenity
Guests
Most Changwon-si guests are domestic, but a sizeable minority come from abroad: 21% of those who left reviews live outside South Korea, led by visitors from the United States and Canada. Guests speak a mix of languages: Korean leads at 41%, followed by English and Japanese.
79% of Changwon-si guests are domestic
Where guests who left reviews live
Where Changwon-si guests come from: top cities
Share of guests who left reviews
| Origin city | Share of guests |
|---|---|
| Seoul | 29.0% |
| Busan | 7.2% |
| Daegu | 7.2% |
| Goyang-si | 5.8% |
| Cypress | 2.9% |
Where Changwon-si guests come from: top countries
Share of guests who left reviews
| Origin country | Share of guests |
|---|---|
| South Korea | 79.2% |
| United States | 12.9% |
| Canada | 1.0% |
| Italy | 1.0% |
| United Kingdom | 1.0% |
Languages spoken by Changwon-si guests
Share of guests who left reviews
| Language | Share of guests |
|---|---|
| Korean | 40.5% |
| English | 39.2% |
| Japanese | 7.6% |
| Chinese | 6.3% |
| German | 3.8% |
Changwon-si Airbnbs average 4.73 stars, and 13% of listings hold Airbnb's Guest Favorite badge. Guests are toughest on cleanliness and value for money: both score 4.71, against 4.88 for check-in.
Check-in scores highest in Changwon-si; cleanliness and value tie for lowest
Average guest rating out of 5 by category; the bars start at 4.0
| Category | Average rating (out of 5) |
|---|---|
| Accuracy | 4.82 |
| Cleanliness | 4.71 |
| Communication | 4.86 |
| Location | 4.77 |
| Check-in | 4.88 |
| Value | 4.71 |
Booking patterns
Nearly all Changwon-si listings are open to guests more than 180 days a year, but only 1% are booked or blocked that many days. The most common booked-or-blocked total is 1 to 30 days a year, covering 46% of listings; blocked nights include any the host closes off.
Days a year Changwon-si listings are open to guests
Share of listings by days a year
| Days a year | Share of listings | Listings |
|---|---|---|
| 271-366 days | 88.0% | 73 |
| 181-270 days | 10.8% | 9 |
| 91-180 days | 1.2% | 1 |
Days a year Changwon-si listings are booked or blocked
Share of listings by days a year
| Days a year | Share of listings | Listings |
|---|---|---|
| 181-270 days | 1.2% | 1 |
| 91-180 days | 12.0% | 10 |
| 31-90 days | 41.0% | 34 |
| 1-30 days | 45.8% | 38 |
The average Changwon-si booking lasts 3.1 nights, longest in July and shortest in March. Listings took about 8 bookings each over the year. More than six in ten listings that give a check-in time set it at 3 p.m., with check-out usually at 11 a.m.
Average length of stay by month in Changwon-si
Average nights per booking, by month of stay
Two-year average by calendar month.
Nearly all listings in Changwon-si accept stays of one or two nights.
Minimum stay set by Changwon-si listings
Share of listings by the shortest stay they accept, from one night to 30 or more
Moderate is the most common cancellation policy in Changwon-si, used by 41% of listings; it refunds guests in full if they cancel at least five days before check-in. Hosts here lean flexible: about seven in ten listings offer Flexible or Moderate terms, against 29% on Firm or stricter ones.
Cancellation policies of Changwon-si listings, from most to least flexible
Share of listings by the policy they use
Nearly half of Changwon-si listings charge a cleaning fee. Fees here tend to be small: for listings that charge one, cleaning fees make up only about 1% of gross revenue.
Top earners
The top-grossing Airbnb in Changwon-si, a three-bedroom home, took in ₩41,100,000 over the past year, about 6.6 times the city's average of ₩6,180,000.
Stella's garden Entire home · 3 bedrooms Rated 4.92
Warm hanok in a quiet sea village, village kangas – Stella House, Masan. #Busan Suburbs#Daegu… Entire home · 5 bedrooms Rated 4.87
This is a 130m2 spacious accommodation with a glass window with an ocean view, a great place for a… Private room · 1 bedroom Rated 4.77
[Hygge 201] #NC Baseball Stadium 3 minutes away #Large mart 5 minutes away #Near a food alley Air… Entire home · 3 bedrooms Rated 4.88
• Changwon-si • Outdoor Jacuzzi / BBQ area / Clean single-family home / Fully remodeled / Bamboo… Entire home · 1 bedroom Rated 4.93
Romance-Experience the relaxation and romantic memories that the house gives you Entire home Rated 4.82 Only 5% of Changwon-si listings are classed as professionally managed. Superhosts run 39% of listings. Airbnb's Simplified Pricing, where the host pays the whole service fee and guests see one price with no separate Airbnb charge, covers 82% of listings.
Nearby markets
Of the eight nearby markets in the table, all within 68 km, Busan (43 km away) earned the most per listing, about 3.6 times as much as Changwon-si.
| Market | Listings | Avg. annual revenue | Avg. nightly rate | Occupancy |
|---|---|---|---|---|
| Gimhae-si 21 km | 48 | ₩8,307,017 | ₩134,493 | 28% |
| Geoje-si 37 km | 492 | ₩10,514,790 | ₩181,443 | 22% |
| Busan 43 km | 4,842 | ₩22,445,451 | ₩165,532 | 45% |
| Miryang-si 44 km | 76 | ₩16,787,761 | ₩274,155 | 23% |
| Tongyeong-si 44 km | 257 | ₩10,226,694 | ₩159,597 | 23% |
| Jinju-si 48 km | 60 | ₩8,435,864 | ₩122,492 | 26% |
| Changseon-myeon 65 km | 31 | ₩12,146,371 | ₩223,962 | 20% |
| Dongcheon-ri 68 km | 37 | ₩9,051,145 | ₩147,392 | 20% |
See all 21 South Gyeongsang Airbnb markets
Markets elsewhere in South Korea with a similar nightly rate and occupancy to Changwon-si:
FAQ
An active Changwon-si Airbnb grossed ₩6,180,142 on average in the 12 months to September 2026, according to AirROI's tracking of 83 active listings. That is before cleaning, management, taxes and financing. Busier, better-run listings do far better: the top quarter took in ₩1,340,000 or more in a typical month.
It depends most on the home's size, location and how it's run. The middle half of Changwon-si listings earn between ₩238,000 and ₩1,340,000 in a typical month, and the top tenth ₩2,390,000 or more. For one home, enter its address and bedroom count in the Airbnb calculator: it compares the home with similar listings nearby.
Listings in Changwon-si were booked on 26% of available nights over the past year. That compares with 23% for the South Gyeongsang average. October is usually the busiest month.
The average booked night in Changwon-si cost ₩111,027 before fees. Half of listings charge between ₩50,400 and ₩112,000, so bedroom count and location move the price more than the average suggests.
In Changwon-si, 77% of active listings display a registration, permit or license number. The share shows what hosts display, not what the rules allow, so confirm registration, permit and tourist-tax rules with the local authority before buying.
Yes, when it's run well. The average Changwon-si Airbnb grossed ₩6,180,142 in the 12 months to September 2026, 40% below the South Gyeongsang average of ₩10,236,828, counting listings open only part of the year. A listing at the top-quarter mark, run by its owner with the cleaning fee covering the cleaner and everyday costs for Airbnb's fee, utilities, supplies, upkeep and insurance, has about ₩897,000 a month left before the mortgage or rent, so a home that costs less than that to own or rent makes a profit. Check a specific home in the Airbnb estimator.
July usually pays best, averaging ₩1,280,000 per active listing over the past two years, and March usually pays least. The month-by-month table above shows how the latest 12 months played out.
Each night a Changwon-si listing was open to book earned ₩28,200 on average over the past year, booked or not. That figure, revenue per available night (RevPAR), folds price and occupancy into one number; the top 10% of listings made ₩60,100 or more.
Changwon-si stays were booked 28 days (about four weeks) before arrival on average over the past year, so most of a month is booked well before it starts.
The average Changwon-si Airbnb stay lasted 3.1 nights over the past year. A listing took 8 reservations over the year on average.
Guests rate Changwon-si Airbnbs 4.73 out of 5 on average. Guests score check-in highest and cleanliness lowest.
Jinhae, Downtown Changwon and Masan draw the most short-term rental interest in Changwon-si. The neighborhood guide explains what brings guests to each.
AirROI counted 83 active Airbnb listings in Changwon-si as of September 2026. The closest tracked market is Gimhae-si, 21 km away.
In Changwon-si, nearly half of listings add a cleaning fee, and the fees tend to be small: for listings that charge one, they make up only about 1% of gross revenue.
Method
Figures on this page cover 83 active Airbnb listings in Changwon-si from October 2025 to September 2026 (trailing twelve months). AirROI refreshes them monthly from listing-level booking and calendar data covering 20+ million properties worldwide. AirROI measures bookings in US dollars; this page shows them in South Korean won at ₩1,448 per US$, the typical rate from October 2025 to September 2026. Annual revenue averages every listing active during the period, including those listed for only part of it; monthly figures average the listings active in each month; the tier lists show the spread. Neighborhood descriptions are AI-assisted. See the methodology for definitions.
Need this programmatically? The same metrics are available through the AirROI Airbnb Data API and bulk downloads in the data portal.