Westfield, Indiana Short-Term Rental Market
BMarket Score 82/100
Quick Answer: Westfield, Indiana is an active short-term rental market. average occupancy is 56%. average monthly revenue is $3,016. average daily rate is $200. the top operator is Casual Nomad with 156 listings. market score is 82/100 (grade B).
Avg Monthly Revenue
$3,016
↑ 12.2% YoY
56%
Occupancy
↑ 1.3% YoY
$200
Avg Daily Rate
↑ 14.6% YoY
$112
RevPAR
↑ 16.1% YoY
47.8 days avg lead time4.1 avg length of stay
Market Score Breakdown
Five dimensions Apivex evaluates per market.
Regulation62
Seasonality82
Investability88
Rental Demand68
Revenue Growth70
Seasonal Patterns
| Month | Occupancy | ADR | Revenue |
|---|---|---|---|
| Jan | 47% | $117 | $1,574 |
| Feb | 52% | $120 | $1,597 |
| Mar | 55% | $134 | $1,988 |
| Apr | 56% | $146 | $2,157 |
| May | 60% | $160 | $2,465 |
| Jun | 61% | $149 | $2,535 |
| Jul | 64% | $152 | $2,635 |
| Aug | 55% | $154 | $2,367 |
| Sep | 54% | $131 | $1,961 |
| Oct | 57% | $140 | $2,177 |
| Nov | 54% | $142 | $2,072 |
| Dec | 51% | $135 | $1,973 |
Top Short-Term Rental Operators in Westfield
Ranked by total active listings. Useful for understanding the competitive landscape.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Casual Nomad | 156 | 3,959 | ★ 4.32 |
| 2 | Evolve | 115 | 3,064 | ★ 4.35 |
| 3 | Home Base | 101 | 3,883 | ★ 4.61 |
| 4 | Landing, Inc. | 97 | 178 | ★ 3.83 |
| 5 | Deane – Fake Listings | 92 | 12 | ★ 4.70 |
What Kind of STR Should I Buy in Westfield?
Revenue and pricing by property type, tier, and bedroom count.
Revenue by Bedroom Count
| 1 bed | 2,586 |
| 2 bed | 1,753 |
| 3 bed | 1,573 |
| 4 bed | 768 |
| 5 bed | 383 |
ADR by Property Tier
| Entire Home | $219 |
| Luxury | $323 |
| Professionally Managed | $214 |
Revenue by Dwelling Type
| Apartment | $3,137 |
| Entire Place | $3,314 |
| House | $2,981 |
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 55.1% |
| vrbo | 5.2% |
| both | 39.7% |
Investment Analysis
Revenue Trend (5 yr)
ADR & Occupancy Trends (5 yr)
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