What Are the Best Places to Invest in Airbnb in Costa Rica?

Source: AirROI Reviewed by Jun Zhou , Founder @ AirROI
Updated:

The short-term rental market in Costa Rica 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 Costa Rica across four dimensions: market depth (active listings), revenue, nightly rate (ADR), and occupancy rate. Jacó, Puntarenas Province leads by market size with 2,050 active listings and $2,097/month revenue. Across all ranked markets, average occupancy is 32.5% with $1,289/month in average revenue and $176/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.

Top Airbnb Markets in Costa Rica 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 Costa Rica attract the highest volume of travelers and offer the most reliable benchmarking data for pricing and revenue projections. Jacó, Puntarenas Province leads with 2,050 active short-term rental listings and $2,097/month in average revenue.

#MarketActive Listings (TTM)Revenue/moADROccupancyRegulation
1Jacó, Puntarenas Province2,050$2,097$30831.1%Low
2Cahuita, Limón Province1,886$1,337$15433.6%Low
3Cóbano, Puntarenas Province1,555$2,436$29135.9%Low
4La Fortuna, Alajuela Province1,516$1,590$15038.3%Low
5Tamarindo, Provincia de Guanacaste1,420$3,741$39540.0%Low
6Sardinal, Provincia de Guanacaste1,271$2,066$24834.9%Low
7Quepos, Puntarenas Province1,206$2,572$25838.3%Low
8Bahía Ballena, Puntarenas Province1,151$2,117$25234.6%Low
9Nosara, Provincia de Guanacaste912$3,268$42939.0%Low
10Cabo Velas, Provincia Guanacaste816$3,445$39436.8%Low
11Tempate, Provincia de Guanacaste629$3,020$41434.3%Low
12Sámara, Provincia de Guanacaste610$1,693$19339.2%Low
13Parrita, Puntarenas Province544$1,447$21429.2%Low
14Monteverde, Puntarenas Province527$1,416$13436.8%Low
15San José, San Jose Province424$480$7435.8%Low
16Peñas Blancas, Alajuela Province403$1,747$16037.6%Low
17Veintisiete de Abril, Provincia Guanacaste402$1,506$24630.2%Low
18Mata Redonda, San Jose Province385$628$7038.9%Low
19Puerto Jiménez, Puntarenas Province289$1,013$15627.8%Low
20Tárcoles, Puntarenas Province285$1,780$26227.4%Low
21Alajuela, Alajuela Province279$540$6936.4%Low
22Santa Cruz, Provincia de Guanacaste232$1,402$24429.9%Low
23Carmen, San Jose Province227$599$7535.0%Low
24Paquera, Puntarenas Province225$1,082$17828.2%Low
25Pavas, San Jose Province225$641$7437.4%Low
26Puerto Cortés, Puntarenas Province219$1,022$16428.8%Low
27Puntarenas, Puntarenas Province217$1,270$17631.7%Low
28Savegre, Puntarenas Province200$2,012$27132.9%Low
29San Rafael, San Jose Province186$757$10635.4%Low
30Pavón, Puntarenas Province185$817$16829.5%Low
31Liberia, Provincia de Guanacaste183$604$10428.6%Low
32Puerto Viejo de Talamanca, Limón Province177$1,032$14134.7%Low
33San José, San José177$481$6539.1%Low
34Playa Langosta, Provincia de Guanacaste176$4,330$51638.4%Low
35Cuajiniquil, Provincia de Guanacaste174$1,459$22328.9%Low
36Uvita, Puntarenas Province173$1,547$20537.9%Low
37Coco, Guanacaste Province159$1,490$19140.9%Low
38Bahía Drake, Puntarenas Province158$948$12331.6%Low
39San Isidro de El General, San Jose Province153$322$7024.5%Low
40San Pedro, San Jose Province145$371$6332.0%Low
41Jaco, Provincia de Puntarenas141$1,249$18734.5%Low
42Barú, San Jose Province137$935$15328.9%Low
43San Antonio, San Jose Province126$828$11031.0%Low
44Pinilla, Guanacaste Province117$5,024$57233.0%Low
45Talamanca, Limón113$978$15532.7%Low
46Catedral, San Jose Province109$443$6530.6%Low
47Ulloa, Heredia Province108$572$7937.4%Low
48Puerto Carrillo, Provincia de Guanacaste106$1,552$21133.5%Low
49La Cruz, Provincia de Guanacaste103$599$13024.7%Low
50Merced, San Jose Province101$552$7131.8%Low
51Curridabat, San Jose Province98$549$6140.1%Low
52Quesada, Alajuela Province95$442$10522.4%Low
53Villarreal, Provincia de Guanacaste95$1,274$19132.3%Low
54Uruca, San Jose Province95$713$8837.7%Low
55Puerto Viejo de Talamanca, Limón92$1,019$17534.2%Low
56Arenal, Provincia Guanacaste90$989$16025.8%Low
57Rivas, San Jose Province89$536$11623.7%Low
58Limón, Limón Province87$347$9823.7%Low
59Monte Verde, Provincia de Puntarenas87$1,065$14539.7%Low
60San Ramon, Provincia de Alajuela83$482$9727.6%Low
61Colorado, Cantón Pococí82$511$7627.5%Low
62Heredia, Heredia Province82$426$7637.2%Low
63Nicoya, Provincia de Guanacaste82$1,068$19730.5%Low
64San Carlos, Provincia de Alajuela80$1,329$17137.3%Low
65Osa, Provincia de Puntarenas78$1,235$19134.5%Low
66Sierra, Provincia de Guanacaste77$1,741$14040.5%Low
67Monterrey, Alajuela Province76$1,770$14240.6%Low
68Playa Grande, Guanacaste Province76$4,235$41144.6%Low
69Sabana Redonda, Alajuela Province73$928$12325.9%Low
70Potrero, Guanacaste Province71$2,155$27440.0%Low
71Copey, San Jose Province71$953$12127.5%Low
72Villareal, Guanacaste Province70$848$20029.1%Low
73Hospital, San Jose Province68$497$6633.1%Low
74Desamparados, Alajuela Province67$392$6032.5%Low
75San Isidro, Alajuela Province67$997$15231.6%Low
76Herradura, Puntarenas Province67$1,333$23930.1%Low
77Turrialba, Cartago Province66$365$8820.9%Low
78Puerto Carrillo, Provincia Guanacaste65$2,120$24231.3%Low
79Bijagua, Alajuela Province64$697$10027.2%Low
80Tronadora, Provincia de Guanacaste63$914$18426.5%Low
81Playa Flamingo, Provincia de Guanacaste60$4,277$50945.6%Low
82Santa Ana, San Jose Province60$1,024$10639.6%Low
83Playa Avellana, Guanacaste Province59$2,150$26234.9%Low
84La Asunción, Heredia Province55$748$14222.5%Low
85Río Segundo, Alajuela Province52$523$5735.8%Low
86La Tigra, Alajuela Province50$829$11826.9%Low
87Playa Avellanas, Guanacaste Province50$1,873$29136.2%Low
88Atenas, Alajuela Province49$904$12737.5%Low
89San Pablo, Heredia Province48$398$8129.6%Low
90San Isidro, Cartago Province47$435$9920.7%Low
91Concepción, Alajuela Province45$898$15827.2%Low
92San Mateo, Alajuela Province43$771$18127.2%Low
93Guápiles, Limón Province43$502$11724.6%Low
94Colón, San Jose Province42$832$9228.3%Low
95Tilarán, Provincia de Guanacaste41$675$11427.3%Low
96Lagunillas, Puntarenas Province41$1,495$24626.6%Low
97Playa Hermosa, Puntarenas Province41$1,851$31231.2%Low
98Naranjito, Puntarenas Province40$960$15227.3%Low
99San Rafael, Alajuela Province39$512$10230.2%Low
100Grecia, Alajuela Province38$503$8133.0%Low

Most Profitable Airbnb Markets in Costa Rica by Revenue

The most profitable Airbnb cities in Costa Rica are those where hosts earn the highest average monthly revenue per listing — the single most telling indicator of a market's income potential. Pinilla, Guanacaste Province leads with $5,024/month at $572 ADR and 33.0% 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.

#MarketRevenue/moActive Listings (TTM)ADROccupancyRegulation
1Pinilla, Guanacaste Province$5,024117$57233.0%Low
2Playa Langosta, Provincia de Guanacaste$4,330176$51638.4%Low
3Playa Flamingo, Provincia de Guanacaste$4,27760$50945.6%Low
4Playa Grande, Guanacaste Province$4,23576$41144.6%Low
5Tamarindo, Provincia de Guanacaste$3,7411,420$39540.0%Low
6Cabo Velas, Provincia Guanacaste$3,445816$39436.8%Low
7Nosara, Provincia de Guanacaste$3,268912$42939.0%Low
8Tempate, Provincia de Guanacaste$3,020629$41434.3%Low
9Quepos, Puntarenas Province$2,5721,206$25838.3%Low
10Cóbano, Puntarenas Province$2,4361,555$29135.9%Low
11Potrero, Guanacaste Province$2,15571$27440.0%Low
12Playa Avellana, Guanacaste Province$2,15059$26234.9%Low
13Puerto Carrillo, Provincia Guanacaste$2,12065$24231.3%Low
14Bahía Ballena, Puntarenas Province$2,1171,151$25234.6%Low
15Jacó, Puntarenas Province$2,0972,050$30831.1%Low
16Sardinal, Provincia de Guanacaste$2,0661,271$24834.9%Low
17Savegre, Puntarenas Province$2,012200$27132.9%Low
18Playa Avellanas, Guanacaste Province$1,87350$29136.2%Low
19Playa Hermosa, Puntarenas Province$1,85141$31231.2%Low
20Tárcoles, Puntarenas Province$1,780285$26227.4%Low
21Monterrey, Alajuela Province$1,77076$14240.6%Low
22Peñas Blancas, Alajuela Province$1,747403$16037.6%Low
23Sierra, Provincia de Guanacaste$1,74177$14040.5%Low
24Sámara, Provincia de Guanacaste$1,693610$19339.2%Low
25La Fortuna, Alajuela Province$1,5901,516$15038.3%Low
26Puerto Carrillo, Provincia de Guanacaste$1,552106$21133.5%Low
27Uvita, Puntarenas Province$1,547173$20537.9%Low
28Veintisiete de Abril, Provincia Guanacaste$1,506402$24630.2%Low
29Lagunillas, Puntarenas Province$1,49541$24626.6%Low
30Coco, Guanacaste Province$1,490159$19140.9%Low
31Cuajiniquil, Provincia de Guanacaste$1,459174$22328.9%Low
32Parrita, Puntarenas Province$1,447544$21429.2%Low
33Monteverde, Puntarenas Province$1,416527$13436.8%Low
34Santa Cruz, Provincia de Guanacaste$1,402232$24429.9%Low
35Cahuita, Limón Province$1,3371,886$15433.6%Low
36Herradura, Puntarenas Province$1,33367$23930.1%Low
37San Carlos, Provincia de Alajuela$1,32980$17137.3%Low
38Villarreal, Provincia de Guanacaste$1,27495$19132.3%Low
39Puntarenas, Puntarenas Province$1,270217$17631.7%Low
40Jaco, Provincia de Puntarenas$1,249141$18734.5%Low
41Osa, Provincia de Puntarenas$1,23578$19134.5%Low
42Paquera, Puntarenas Province$1,082225$17828.2%Low
43Nicoya, Provincia de Guanacaste$1,06882$19730.5%Low
44Monte Verde, Provincia de Puntarenas$1,06587$14539.7%Low
45Puerto Viejo de Talamanca, Limón Province$1,032177$14134.7%Low
46Santa Ana, San Jose Province$1,02460$10639.6%Low
47Puerto Cortés, Puntarenas Province$1,022219$16428.8%Low
48Puerto Viejo de Talamanca, Limón$1,01992$17534.2%Low
49Puerto Jiménez, Puntarenas Province$1,013289$15627.8%Low
50San Isidro, Alajuela Province$99767$15231.6%Low
51Arenal, Provincia Guanacaste$98990$16025.8%Low
52Talamanca, Limón$978113$15532.7%Low
53Naranjito, Puntarenas Province$96040$15227.3%Low
54Copey, San Jose Province$95371$12127.5%Low
55Bahía Drake, Puntarenas Province$948158$12331.6%Low
56Barú, San Jose Province$935137$15328.9%Low
57Sabana Redonda, Alajuela Province$92873$12325.9%Low
58Tronadora, Provincia de Guanacaste$91463$18426.5%Low
59Atenas, Alajuela Province$90449$12737.5%Low
60Concepción, Alajuela Province$89845$15827.2%Low
61Villareal, Guanacaste Province$84870$20029.1%Low
62Colón, San Jose Province$83242$9228.3%Low
63La Tigra, Alajuela Province$82950$11826.9%Low
64San Antonio, San Jose Province$828126$11031.0%Low
65Pavón, Puntarenas Province$817185$16829.5%Low
66San Mateo, Alajuela Province$77143$18127.2%Low
67San Rafael, San Jose Province$757186$10635.4%Low
68La Asunción, Heredia Province$74855$14222.5%Low
69Uruca, San Jose Province$71395$8837.7%Low
70Bijagua, Alajuela Province$69764$10027.2%Low
71Tilarán, Provincia de Guanacaste$67541$11427.3%Low
72Pavas, San Jose Province$641225$7437.4%Low
73Mata Redonda, San Jose Province$628385$7038.9%Low
74Liberia, Provincia de Guanacaste$604183$10428.6%Low
75La Cruz, Provincia de Guanacaste$599103$13024.7%Low
76Carmen, San Jose Province$599227$7535.0%Low
77Ulloa, Heredia Province$572108$7937.4%Low
78Merced, San Jose Province$552101$7131.8%Low
79Curridabat, San Jose Province$54998$6140.1%Low
80Alajuela, Alajuela Province$540279$6936.4%Low
81Rivas, San Jose Province$53689$11623.7%Low
82Río Segundo, Alajuela Province$52352$5735.8%Low
83San Rafael, Alajuela Province$51239$10230.2%Low
84Colorado, Cantón Pococí$51182$7627.5%Low
85Grecia, Alajuela Province$50338$8133.0%Low
86Guápiles, Limón Province$50243$11724.6%Low
87Hospital, San Jose Province$49768$6633.1%Low
88San Ramon, Provincia de Alajuela$48283$9727.6%Low
89San José, San José$481177$6539.1%Low
90San José, San Jose Province$480424$7435.8%Low
91Catedral, San Jose Province$443109$6530.6%Low
92Quesada, Alajuela Province$44295$10522.4%Low
93San Isidro, Cartago Province$43547$9920.7%Low
94Heredia, Heredia Province$42682$7637.2%Low
95San Pablo, Heredia Province$39848$8129.6%Low
96Desamparados, Alajuela Province$39267$6032.5%Low
97San Pedro, San Jose Province$371145$6332.0%Low
98Turrialba, Cartago Province$36566$8820.9%Low
99Limón, Limón Province$34787$9823.7%Low
100San Isidro de El General, San Jose Province$322153$7024.5%Low

Most Expensive Airbnb Markets in Costa Rica 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. Pinilla, Guanacaste Province commands the highest Airbnb nightly rate in Costa Rica at $572/night, generating $5,024/month at 33.0% occupancy. Markets with premium nightly pricing typically feature high-demand destinations where travelers pay a significant premium over hotel alternatives.

#MarketADRActive Listings (TTM)Revenue/moOccupancyRegulation
1Pinilla, Guanacaste Province$572117$5,02433.0%Low
2Playa Langosta, Provincia de Guanacaste$516176$4,33038.4%Low
3Playa Flamingo, Provincia de Guanacaste$50960$4,27745.6%Low
4Nosara, Provincia de Guanacaste$429912$3,26839.0%Low
5Tempate, Provincia de Guanacaste$414629$3,02034.3%Low
6Playa Grande, Guanacaste Province$41176$4,23544.6%Low
7Tamarindo, Provincia de Guanacaste$3951,420$3,74140.0%Low
8Cabo Velas, Provincia Guanacaste$394816$3,44536.8%Low
9Playa Hermosa, Puntarenas Province$31241$1,85131.2%Low
10Jacó, Puntarenas Province$3082,050$2,09731.1%Low
11Playa Avellanas, Guanacaste Province$29150$1,87336.2%Low
12Cóbano, Puntarenas Province$2911,555$2,43635.9%Low
13Potrero, Guanacaste Province$27471$2,15540.0%Low
14Savegre, Puntarenas Province$271200$2,01232.9%Low
15Tárcoles, Puntarenas Province$262285$1,78027.4%Low
16Playa Avellana, Guanacaste Province$26259$2,15034.9%Low
17Quepos, Puntarenas Province$2581,206$2,57238.3%Low
18Bahía Ballena, Puntarenas Province$2521,151$2,11734.6%Low
19Sardinal, Provincia de Guanacaste$2481,271$2,06634.9%Low
20Veintisiete de Abril, Provincia Guanacaste$246402$1,50630.2%Low
21Lagunillas, Puntarenas Province$24641$1,49526.6%Low
22Santa Cruz, Provincia de Guanacaste$244232$1,40229.9%Low
23Puerto Carrillo, Provincia Guanacaste$24265$2,12031.3%Low
24Herradura, Puntarenas Province$23967$1,33330.1%Low
25Cuajiniquil, Provincia de Guanacaste$223174$1,45928.9%Low
26Parrita, Puntarenas Province$214544$1,44729.2%Low
27Puerto Carrillo, Provincia de Guanacaste$211106$1,55233.5%Low
28Uvita, Puntarenas Province$205173$1,54737.9%Low
29Villareal, Guanacaste Province$20070$84829.1%Low
30Nicoya, Provincia de Guanacaste$19782$1,06830.5%Low
31Sámara, Provincia de Guanacaste$193610$1,69339.2%Low
32Coco, Guanacaste Province$191159$1,49040.9%Low
33Villarreal, Provincia de Guanacaste$19195$1,27432.3%Low
34Osa, Provincia de Puntarenas$19178$1,23534.5%Low
35Jaco, Provincia de Puntarenas$187141$1,24934.5%Low
36Tronadora, Provincia de Guanacaste$18463$91426.5%Low
37San Mateo, Alajuela Province$18143$77127.2%Low
38Paquera, Puntarenas Province$178225$1,08228.2%Low
39Puntarenas, Puntarenas Province$176217$1,27031.7%Low
40Puerto Viejo de Talamanca, Limón$17592$1,01934.2%Low
41San Carlos, Provincia de Alajuela$17180$1,32937.3%Low
42Pavón, Puntarenas Province$168185$81729.5%Low
43Puerto Cortés, Puntarenas Province$164219$1,02228.8%Low
44Arenal, Provincia Guanacaste$16090$98925.8%Low
45Peñas Blancas, Alajuela Province$160403$1,74737.6%Low
46Concepción, Alajuela Province$15845$89827.2%Low
47Puerto Jiménez, Puntarenas Province$156289$1,01327.8%Low
48Talamanca, Limón$155113$97832.7%Low
49Cahuita, Limón Province$1541,886$1,33733.6%Low
50Barú, San Jose Province$153137$93528.9%Low
51Naranjito, Puntarenas Province$15240$96027.3%Low
52San Isidro, Alajuela Province$15267$99731.6%Low
53La Fortuna, Alajuela Province$1501,516$1,59038.3%Low
54Monte Verde, Provincia de Puntarenas$14587$1,06539.7%Low
55Monterrey, Alajuela Province$14276$1,77040.6%Low
56La Asunción, Heredia Province$14255$74822.5%Low
57Puerto Viejo de Talamanca, Limón Province$141177$1,03234.7%Low
58Sierra, Provincia de Guanacaste$14077$1,74140.5%Low
59Monteverde, Puntarenas Province$134527$1,41636.8%Low
60La Cruz, Provincia de Guanacaste$130103$59924.7%Low
61Atenas, Alajuela Province$12749$90437.5%Low
62Bahía Drake, Puntarenas Province$123158$94831.6%Low
63Sabana Redonda, Alajuela Province$12373$92825.9%Low
64Copey, San Jose Province$12171$95327.5%Low
65La Tigra, Alajuela Province$11850$82926.9%Low
66Guápiles, Limón Province$11743$50224.6%Low
67Rivas, San Jose Province$11689$53623.7%Low
68Tilarán, Provincia de Guanacaste$11441$67527.3%Low
69San Antonio, San Jose Province$110126$82831.0%Low
70Santa Ana, San Jose Province$10660$1,02439.6%Low
71San Rafael, San Jose Province$106186$75735.4%Low
72Quesada, Alajuela Province$10595$44222.4%Low
73Liberia, Provincia de Guanacaste$104183$60428.6%Low
74San Rafael, Alajuela Province$10239$51230.2%Low
75Bijagua, Alajuela Province$10064$69727.2%Low
76San Isidro, Cartago Province$9947$43520.7%Low
77Limón, Limón Province$9887$34723.7%Low
78San Ramon, Provincia de Alajuela$9783$48227.6%Low
79Colón, San Jose Province$9242$83228.3%Low
80Turrialba, Cartago Province$8866$36520.9%Low
81Uruca, San Jose Province$8895$71337.7%Low
82Grecia, Alajuela Province$8138$50333.0%Low
83San Pablo, Heredia Province$8148$39829.6%Low
84Ulloa, Heredia Province$79108$57237.4%Low
85Colorado, Cantón Pococí$7682$51127.5%Low
86Heredia, Heredia Province$7682$42637.2%Low
87Carmen, San Jose Province$75227$59935.0%Low
88Pavas, San Jose Province$74225$64137.4%Low
89San José, San Jose Province$74424$48035.8%Low
90Merced, San Jose Province$71101$55231.8%Low
91San Isidro de El General, San Jose Province$70153$32224.5%Low
92Mata Redonda, San Jose Province$70385$62838.9%Low
93Alajuela, Alajuela Province$69279$54036.4%Low
94Hospital, San Jose Province$6668$49733.1%Low
95San José, San José$65177$48139.1%Low
96Catedral, San Jose Province$65109$44330.6%Low
97San Pedro, San Jose Province$63145$37132.0%Low
98Curridabat, San Jose Province$6198$54940.1%Low
99Desamparados, Alajuela Province$6067$39232.5%Low
100Río Segundo, Alajuela Province$5752$52335.8%Low

Highest Occupancy Airbnb Markets in Costa Rica

Airbnb occupancy rate measures the percentage of available nights actually booked — the most telling indicator of short-term rental demand in a market. Tamarindo, Provincia de Guanacaste leads Costa Rica with 40.0% occupancy, $3,741/month revenue, and 1,420 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.

#MarketOccupancyActive Listings (TTM)Revenue/moADRRegulation
1Tamarindo, Provincia de Guanacaste40.0%1,420$3,741$395Low
2Sámara, Provincia de Guanacaste39.2%610$1,693$193Low
3Nosara, Provincia de Guanacaste39.0%912$3,268$429Low
4Mata Redonda, San Jose Province38.9%385$628$70Low
5Quepos, Puntarenas Province38.3%1,206$2,572$258Low
6La Fortuna, Alajuela Province38.3%1,516$1,590$150Low
7Peñas Blancas, Alajuela Province37.6%403$1,747$160Low
8Cabo Velas, Provincia Guanacaste36.8%816$3,445$394Low
9Monteverde, Puntarenas Province36.8%527$1,416$134Low
10Cóbano, Puntarenas Province35.9%1,555$2,436$291Low
11San José, San Jose Province35.8%424$480$74Low
12Sardinal, Provincia de Guanacaste34.9%1,271$2,066$248Low
13Bahía Ballena, Puntarenas Province34.6%1,151$2,117$252Low
14Tempate, Provincia de Guanacaste34.3%629$3,020$414Low
15Cahuita, Limón Province33.6%1,886$1,337$154Low
16Jacó, Puntarenas Province31.1%2,050$2,097$308Low
17Veintisiete de Abril, Provincia Guanacaste30.2%402$1,506$246Low
18Parrita, Puntarenas Province29.2%544$1,447$214Low

How to Choose an Airbnb Investment Market in Costa Rica

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 Costa Rica 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 Costa Rica

Understanding the regulatory environment is critical for any Airbnb investment in Costa Rica. 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 Costa Rica

This page ranks Airbnb markets in Costa Rica 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 Costa Rica.

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 Costa Rica.
  • Monthly Revenue: Average gross revenue per listing per month — the bottom-line metric for evaluating Airbnb profitability in Costa Rica 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 Costa Rica, 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 Costa Rica

These quick answers summarize the most common investor and operator questions using AirROI's latest market data for Costa Rica.

What are the best places to invest in Airbnb in Costa Rica?

Jacó, Puntarenas Province leads this ranking for Costa Rica with 2,050 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 Costa Rica?

Pinilla, Guanacaste Province posts the highest average monthly revenue in this ranking at $5,024. 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 Costa Rica?

Playa Flamingo, Provincia de Guanacaste has the highest occupancy rate in this comparison at 45.6%. 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 Airbnb markets in Costa Rica have the lowest regulation?

Jacó (Puntarenas Province), Cahuita (Limón Province), Cóbano (Puntarenas Province) 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 Costa Rica in 2026?

The markets ranked here average 32.5% occupancy, and the top performer posts $5,024 in monthly revenue. Profitability depends on property acquisition cost, local operating expenses, and regulation compliance — but the data shows active, performing markets exist across Costa Rica 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 Costa Rica?

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 Costa Rica?

First-time investors in Costa Rica 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 Costa Rica?

Across the markets ranked here, the average occupancy rate in Costa Rica is 32.5%. Occupancy above 50% is generally considered healthy for short-term rentals, and above 65% signals strong, sustained demand. However, the best occupancy rate depends on pricing strategy — some hosts maximize revenue by targeting fewer bookings at higher nightly rates rather than maximizing booking volume.

How does regulation affect Airbnb investment returns in Costa Rica?

Regulation is one of the most overlooked risks in short-term rental investing. In Costa Rica, 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 Costa Rica?

Markets with fewer than 100 active listings can show volatile averages that do not predict future performance. The median market in this Costa Rica ranking has about 101 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 Costa Rica?

Seasonal markets in Costa Rica 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 2026-08-08. Revenue figures are market averages, not projections. For full methodology, see the data methodology page.

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