Somerville, Massachusetts Short-Term Rental Market
Quick Answer: Somerville, Massachusetts is an active short-term rental market. average occupancy in the Boston market area is 72%. average monthly revenue in the Boston market area is $5,537. average daily rate in the Boston market area is $299. the top operator in the Boston market area is Blueground with 648 listings. market score is 53/100 (grade D).
Market data reflects the Boston regional market, which includes Somerville. Regulations, taxes, and permit details below are specific to Somerville.
Market Score Breakdown
Five dimensions StaySTRA evaluates per market.
Seasonal Patterns
| Month | Occupancy | ADR | Revenue |
|---|---|---|---|
| Jan | 52% | $128 | $1,899 |
| Feb | 60% | $130 | $1,919 |
| Mar | 65% | $149 | $2,506 |
| Apr | 65% | $172 | $2,843 |
| May | 68% | $192 | $3,407 |
| Jun | 72% | $212 | $3,980 |
| Jul | 75% | $198 | $3,957 |
| Aug | 75% | $200 | $4,018 |
| Sep | 72% | $187 | $3,542 |
| Oct | 74% | $195 | $3,980 |
| Nov | 58% | $159 | $2,593 |
| Dec | 53% | $143 | $2,169 |
Top Short-Term Rental Operators in Boston market area
Ranked by total active listings. Useful for understanding the competitive landscape. Operator data is published for the Boston market as a whole, which includes Somerville, so these counts are not Somerville-only figures.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Blueground | 648 | 325 | ★ 4.16 |
| 2 | Evonify | 249 | 6,320 | ★ 4.58 |
| 3 | Club Quarters Hotels | 125 | 1,849 | ★ 4.71 |
| 4 | Maverick Suites | 124 | 24,964 | ★ 4.60 |
| 5 | Compass Furnished Apartments | 122 | 157 | ★ 4.91 |
What Kind of STR Should I Buy in Somerville?
Revenue and pricing by property type, tier, and bedroom count.
Revenue by Bedroom Count
| 1 bed | 7,795 |
| 2 bed | 3,194 |
| 3 bed | 2,018 |
| 4 bed | 939 |
| 5 bed | 510 |
ADR by Property Tier
| Entire Home | $367 |
| Luxury | $589 |
| Professionally Managed | $337 |
Revenue by Dwelling Type
| Apartment | $5,694 |
| Entire Place | $6,722 |
| House | $5,430 |
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 64.7% |
| vrbo | 5% |
| both | 30.3% |
Investment Analysis
Revenue Trend (5 yr)
ADR & Occupancy Trends (5 yr)
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