The Residence Apartment 1 Entire home · 2 bedrooms Rated 4.86 - Revenue
- $15,741
- Occupancy
- 33.4%
- Daily rate
- $103
Airbnb market data · 202612 months to October 2026
The average Airbnb in Masvingo brought in US$3,790 over the 12 months through October 2026, about 48% less than the national average of $7,223.
The short answer
Rates and bookings both trail the national average. Listings averaged $103 a night and were booked on 20% of available nights, against $115 and 30% for the national average.
Timing matters: in December, usually the best month, the average listing earns about 2.3 times as much as in January, usually the slowest.
AirROI tracked 50 active listings in Masvingo.
Browse the live Masvingo Airbnb market See Every Masvingo ListingRevenue
Gross bookings per Masvingo listing averaged $3,790 over the 12 months to October 2026 (Zimbabwe average: $7,223), before cleaning, platform and management costs and taxes.
In a typical year, the average Masvingo listing brings in $909 in December, its best month, and $400 in January, its slowest. Both ends are close calls: December leads August by 5%, and January sits just 1% below July, so either pair can swap places in a given year. The three strongest months bring in 34% 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 4.2 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.
December earns about 2.3 times what January does
Average revenue per active listing, by month, October 2024 to September 2026
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 October 2026 data. October's figures are still coming in, so the rows run to September.
September 2026 led on revenue and nightly rate; bookings peaked in June 2026. Across the past two years, December is usually the strongest month.
| Month | Avg. Revenue | Occupancy | Avg. Nightly Rate | RevPAR | Booking Lead Time | Avg. Length of Stay |
|---|---|---|---|---|---|---|
| Oct 2025 | $594 | 21.7% | $91 | $19 | 36 days | 1.7 nights |
| Nov 2025 | $371 | 16.1% | $91 | $12 | 23 days | 2.2 nights |
| Dec 2025 | $868 | 25.9% | $94 | $28 | 20 days | 3.6 nights |
| Jan 2026 | $438 | 16.3% | $98 | $14 | 37 days | 2.1 nights |
| Feb 2026 | $588 | 20.0% | $99 | $21 | 46 days | 3 nights |
| Mar 2026 | $572 | 21.6% | $107 | $18 | 23 days | 3.4 nights |
| Apr 2026 | $541 | 19.4% | $107 | $18 | 35 days | 3.2 nights |
| May 2026 | $519 | 16.9% | $109 | $17 | 51 days | 2.4 nights |
| Jun 2026 | $814 | 26.3% | $107 | $27 | 12 days | 3.8 nights |
| Jul 2026 | $402 | 15.2% | $105 | $13 | 54 days | 2.8 nights |
| Aug 2026 | $861 | 25.5% | $108 | $28 | 54 days | 3.3 nights |
| Sep 2026 | $1,003 | 25.3% | $116 | $33 | 42 days | 4 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.
Location, size and how a home is run move its income far more than a city average shows. For a range on one Masvingo address, run it through the Airbnb calculator.
Profit
Yes, when it's run well. The average Masvingo Airbnb took in $3,790 in the 12 months to October 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 $8,100, and run by its owner at everyday costs, about $460 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 | $3,540 | $7,570 |
| Cleaning fees guests pay7% of Masvingo bookings | $250 | $530 |
| Gross bookings | $3,790 | $8,100 |
| Running costs | ||
| Airbnb's feeAbout 14%: 15.5% for the 90% of Masvingo listings on Simplified Pricing, 3% for the rest | −$540 | −$1,150 |
| Cleaning and laundryPaid for by the cleaning fee; $0 if you clean yourself | −$250 | −$530 |
| Utilities and internetAbout 5% of bookings | −$190 | −$400 |
| Guest suppliesToiletries, coffee, paper goods: about 2% | −$80 | −$160 |
| Repairs and upkeepIncluding linens and small replacements: about 3% | −$110 | −$240 |
| Short-term rental insuranceOne policy, on top of Airbnb's free AirCover | −$40 | −$40 |
| Permit and registrationWhere one is required | −$20 | −$20 |
| 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 26% of bookings, plus cleaning paid for by the cleaning fee | −$1,230 | −$2,540 |
| Left for housing costs, then profit | $2,560about $210 a month | $5,560about $460 a month |
| Housing costs | ||
| Mortgage or rent, property tax, home insurance, building or condo fees | Depend on the home | |
The estimate starts from Masvingo'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 Masvingo 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 $680 a month, against $320 for the average one.
Occupancy
Masvingo listings were booked on 20% of the nights they were open over the past year, 10 percentage points below the Zimbabwe average (30%). In a typical year, occupancy climbs to 31% in December and falls to 15% in July.
The busiest tenth of listings are booked about 5.5 times as often as the bottom quarter.
December is usually the busiest month in Masvingo, July the quietest
Share of open nights booked, by month, October 2024 to September 2026
The 12-month rate of 20% 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 Masvingo, known as ADR (average daily rate), was $103 over the past year, about 10% below the Zimbabwe average of $115. In a typical year, rates peak in September at about $105 and bottom out in October and November at about $85.
Prices span a wide range: the top 10% charge about 3.3 times the rate of the bottom quarter.
September rates run 22% above October's
Average nightly rate (ADR), by month, October 2024 to September 2026
The 12-month ADR of $103 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 Masvingo it averaged $21 over the past year, from about $13 in a typical January to about $29 in a typical December.
Per open night, by tier:
December RevPAR is about 2.3 times January's
Revenue per open night (RevPAR), by month, October 2024 to September 2026
Seasonality
Revenue in Masvingo peaks several times a year, in June, August–October and December, a moderately seasonal pattern.
Average revenue by month in Masvingo
Average revenue per active listing, each calendar month averaged over the past two years
| Month | Season | Revenue per listing |
|---|---|---|
| January | Low season | $400 |
| February | Low season | $519 |
| March | Low season | $539 |
| April | Low season | $543 |
| May | Low season | $533 |
| June | High season | $699 |
| July | Low season | $401 |
| August | High season | $866 |
| September | High season | $774 |
| October | High season | $708 |
| November | Low season | $522 |
| December | High season | $909 |
| Season | Revenue per month | Occupancy | Nightly rate |
|---|---|---|---|
| High seasonJune, August–October, December | $791 | 27% | $95 |
| Low seasonJanuary–May, July, November | $494 | 19% | $96 |
Guests book Masvingo stays 30 days ahead on average (about four weeks). August stays are booked furthest out, about 56 days ahead, and November stays closest to arrival, about 18 days. A typical August booking is made in mid-June.
August stays are booked furthest ahead
Average days between booking and check-in, by month of stay, October 2024 to September 2026
The 12-month figure of 30 days averages each listing's year as a whole; each month here averages only the listings with stays in it.
Permits
None of the 50 active listings in Masvingo display a registration, permit or license number. That doesn't mean no rules apply: some places don't ask hosts to show a number on the listing, and listing data doesn't capture every scheme.
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 Masvingo.
Neighborhoods
AirROI's area guide picks eight Masvingo neighborhoods that draw short-term rental guests, led by Vic Falls Extension, Masvingo Town Centre and Lake Mutirikwi. 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 |
|---|---|---|
| Vic Falls Extension | Tourist location close to the famous Victoria Falls, ideal for attracting visitors coming to experience one of the Seven Natural Wonders of the World. | Victoria Falls National Park, Victoria Falls Bridge, Zambezi River activities, Forest Walks, Local craft markets |
| Masvingo Town Centre | The heart of Masvingo, with accessibility to amenities, shops, and local attractions, making it a convenient stay for visitors. | Great Zimbabwe National Monument, Lake Mutirikwi, Masvingo Museum, Local restaurants and cafes, Shopping malls |
| Lake Mutirikwi | A picturesque location ideal for nature lovers and those looking to escape into tranquil surroundings, suitable for recreational activities. | Lake Mutirikwi, Fishing and boating, Nature walks, Wildlife viewing, Surrounding lodges and camps |
| Great Zimbabwe | A UNESCO World Heritage site attracting historians, archeologists, and tourists interested in the rich cultural history of Zimbabwe. | Great Zimbabwe ruins, Museum of Great Zimbabwe, Guided tours of the site, Cultural experiences |
| Rujeko | A residential area that offers a local experience, catering to travelers wanting to immerse in the local culture and day-to-day life. | Local markets, Community centers, Hospitality experiences |
| Neshuro | A rural area that showcases traditional Zimbabwean life, perfect for tourists looking for a unique and authentic cultural experience. | Traditional village tours, Local crafts, Cultural performances |
| Chilojo Cliffs | A scenic area providing stunning views and opportunities for outdoor activities, appealing to nature enthusiasts. | Chilojo Cliffs views, Game viewing, Bird watching, Photography opportunities |
| Zaka | A lesser-known gem with beautiful landscapes and traditional Zimbabwean culture, ideal for eco-tourism and cultural immersion. | Nature walks, Cultural experiences, Local wildlife, Village tours |
Area descriptions are AI-assisted from public sources and are not checked against zoning.
Listings
Masvingo is a room-rental market as much as a whole-home one: private rooms account for 42% of listings, against 58% for entire homes. Houses are the most common property type at 42%, ahead of apartments and condos (34%).
Private rooms are a large share of supply
Masvingo Airbnb listings by room type
| Room type | Share of listings | Listings |
|---|---|---|
| Entire home | 58.0% | 29 |
| Private room | 42.0% | 21 |
Listings by property type
Masvingo Airbnb listings by property type
| Property type | Share of listings | Listings |
|---|---|---|
| House | 42.0% | 21 |
| Apartment/Condo | 34.0% | 17 |
| Hotel/Boutique | 18.0% | 9 |
| Others | 4.0% | 2 |
| Cabin/Outdoor | 2.0% | 1 |
The most common size among Masvingo's 28 entire homes with a bedroom count is two bedrooms (15 homes).
Masvingo 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 |
|---|---|---|
| 1 bedroom | 3.6% | 1 |
| 2 bedrooms | 53.6% | 15 |
| 3 bedrooms | 25.0% | 7 |
| 4 bedrooms | 14.3% | 4 |
| 5+ bedrooms | 3.6% | 1 |
Most Masvingo listings are sized for couples and small families: 61% sleep four guests or fewer, and just 22% take eight or more. Shares are of the 36 listings with a guest capacity on file (72% of the market).
Masvingo 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 |
|---|---|---|
| 2 guests | 19.4% | 7 |
| 3 guests | 2.8% | 1 |
| 4 guests | 38.9% | 14 |
| 6 guests | 16.7% | 6 |
| 8+ guests | 22.2% | 8 |
Masvingo hosts set up an average of 2.8 beds per listing, close to one bed per bedroom. 58% of listings show their exact location on the listing map; the rest show an approximate area.
Free on-site parking is close to standard in Masvingo: 98% of listings offer it, and 58% have a washer.
Share of Masvingo listings with each common amenity
Guests
Masvingo runs on foreign visitors: 73% of guests who left reviews live outside Zimbabwe. The United Kingdom sends the most guests from abroad, with 21% of reviewers, ahead of South Africa at 15%.
73% of Masvingo guests come from abroad
Where guests who left reviews live
Where Masvingo guests come from: top cities
Share of guests who left reviews
| Origin city | Share of guests |
|---|---|
| Harare | 22.9% |
| London | 7.3% |
| Johannesburg | 4.2% |
| Gaborone | 3.1% |
Where Masvingo guests come from: top countries
Share of guests who left reviews
| Origin country | Share of guests |
|---|---|
| Zimbabwe | 27.3% |
| United Kingdom | 21.2% |
| South Africa | 15.2% |
| United States | 8.1% |
| Australia | 7.1% |
Languages spoken by Masvingo guests
Share of guests who left reviews
| Language | Share of guests |
|---|---|
| English | 73.8% |
| French | 6.6% |
| Zulu | 4.9% |
| Spanish | 3.3% |
| Xhosa | 3.3% |
Masvingo Airbnbs average 4.66 stars, and 14% of listings hold Airbnb's Guest Favorite badge. Guests are toughest on location: it scores 4.57, against 4.75 for cleanliness.
Cleanliness scores highest in Masvingo; location is lowest
Average guest rating out of 5 by category; the bars start at 4.0
| Category | Average rating (out of 5) |
|---|---|
| Accuracy | 4.70 |
| Cleanliness | 4.75 |
| Communication | 4.74 |
| Location | 4.57 |
| Check-in | 4.65 |
| Value | 4.65 |
Booking patterns
All Masvingo listings are open to guests more than 180 days a year, but none are booked or blocked that many days. The most common booked-or-blocked total is 1 to 30 days a year, covering 66% of listings; blocked nights include any the host closes off.
Days a year Masvingo listings are open to guests
Share of listings by days a year
| Days a year | Share of listings | Listings |
|---|---|---|
| 271-366 days | 88.0% | 44 |
| 181-270 days | 12.0% | 6 |
Days a year Masvingo listings are booked or blocked
Share of listings by days a year
| Days a year | Share of listings | Listings |
|---|---|---|
| 91-180 days | 14.0% | 7 |
| 31-90 days | 20.0% | 10 |
| 1-30 days | 66.0% | 33 |
Bookings in Masvingo average 1.9 to 3.1 nights depending on the month, longest in June and shortest in January. Listings took about 9 bookings each over the year. More than seven in ten listings that give a check-in time set it at 2 p.m., with check-out usually at 10 a.m.
Average length of stay by month in Masvingo
Average nights per booking, by month of stay
Two-year average by calendar month.
All listings in Masvingo accept stays of one or two nights.
Minimum stay set by Masvingo listings
Share of listings by the shortest stay they accept, from one night to 30 or more
Flexible is the most common cancellation policy in Masvingo, used by 66% of listings; it refunds guests in full if they cancel at least a day before check-in. Hosts here lean flexible: more than eight in ten listings offer Flexible or Moderate terms, against 14% on Firm or stricter ones.
Cancellation policies of Masvingo listings, from most to least flexible
Share of listings by the policy they use
More than two in ten Masvingo listings charge a cleaning fee. The typical fee is $9, but a minority of much higher fees lifts the average to $18, so the median is the better guide. Spread over the average stay of about three nights, that adds roughly $3 a night to what guests pay. For listings that charge one, cleaning fees make up about 7% of gross revenue.
Top earners
The top-grossing Airbnb in Masvingo, a two-bedroom unit, took in $15,700 over the past year, about 4.2 times the city's average of $3,790. Four of the six listings below have two bedrooms or fewer, so size alone doesn't explain the top of this market.
The Residence Apartment 1 Entire home · 2 bedrooms Rated 4.86
Flametree Cottage Entire home · 2 bedrooms Rated 4.96
House by the house of stone Entire home · 4 bedrooms Rated 4.50
Upstate Apartments- Green Entire home · 2 bedrooms Rated 4.64
The Residence Apartment 4 Entire home · 2 bedrooms Rated 4.91
Upto 8 people Apartment, Family & Group Travellers Entire home · 3 bedrooms Rated 4.57 Fewer than 1% of Masvingo listings are classed as professionally managed, though 34% of listings have a co-host. Only a quarter of listings are run by Superhosts. Airbnb's Simplified Pricing, where the host pays the whole service fee and guests see one price with no separate Airbnb charge, covers 90% of listings.
FAQ
An active Masvingo Airbnb grossed US$3,790 on average in the 12 months to October 2026, according to AirROI's tracking of 50 active listings. That is before cleaning, management, taxes and financing. Busier, better-run listings do far better: the top quarter took in US$872 or more in a typical month.
It depends most on the home's size, location and how it's run. The middle half of Masvingo listings earn between US$204 and US$872 in a typical month, and the top tenth US$1,490 or more. For one home, enter its address and bedroom count in the Airbnb income calculator: it compares the home with similar listings nearby.
Listings in Masvingo were booked on 20% of available nights over the past year. That compares with 30% for the national average. December is usually the busiest month.
The average booked night in Masvingo cost US$103 before fees. Half of listings charge between US$59 and US$115, so bedroom count and location move the price more than the average suggests.
None of the active Masvingo listings display a registration, permit or license number. That doesn't mean no rules apply, so confirm registration, permit and tourist-tax rules with the local authority before buying.
Yes, when it's run well. The average Masvingo Airbnb grossed US$3,790 in the 12 months to October 2026, 48% below the national average of US$7,223, 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 US$460 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.
December usually pays best, averaging US$909 per active listing over the past two years, and January usually pays least. The month-by-month table above shows how the latest 12 months played out.
Each night a Masvingo listing was open to book earned US$21 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 US$38 or more.
Masvingo stays were booked 30 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 Masvingo Airbnb stay lasts about three nights. A listing took 9 reservations over the year on average.
Guests rate Masvingo Airbnbs 4.66 out of 5 on average. Guests score cleanliness highest and location lowest.
Vic Falls Extension, Masvingo Town Centre and Lake Mutirikwi draw the most short-term rental interest in Masvingo. The neighborhood guide explains what brings guests to each.
AirROI counted 50 active Airbnb listings in Masvingo as of October 2026.
In Masvingo, more than two in ten listings add a cleaning fee. The median fee is US$9, but a minority of much higher fees lifts the average to US$18, so the median is the better guide.
Method
Figures on this page cover 50 active Airbnb listings in Masvingo from November 2025 to October 2026 (trailing twelve months). AirROI refreshes them monthly from listing-level booking and calendar data covering 20+ million properties worldwide. Money figures are in U.S. dollars. 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.