San Antonio Airbnb Market Data
& Investment Properties

San Antonio is the Alamo, the River Walk, Fiesta, and the largest military presence of any Texas metro. Its short-term rental market holds 9,601 active entire-home listings across 37 neighborhoods that Surge tracks. Over the twelve months ending August 2026, the average listing earned $36,942 in gross revenue at a $196 average nightly rate and 55% occupancy, for revenue per available night of $110. Revenue per listing is up 2.2% year over year.

San Antonio suits investors looking for lower entry prices than Austin or Dallas with a demand base that is unusually resilient because military and medical travel does not fluctuate with the economy. The key underwriting item for non-owner-occupied units is confirming the blockface density cap has room before you close.

July is the peak month as theme-park, river, and summer family travel stack on top of graduation traffic at Lackland; January is the slowest. The average San Antonio listing earned $4,869 in July against $2,087 in January, a 2.3x swing between the best and worst month. Properties near the bases (Lackland AFB, Randolph AFB) and the Medical Center hold the steadiest year-round occupancy because military and medical demand fills midweek and off-season nights.

The core submarkets around downtown, Southtown, and Midtown trade on walkability to the River Walk and the Pearl; the north side toward the airport, Castle Hills, and Hill Country Village combines higher-end housing stock with medical and corporate demand; and the outer ring of New Braunfels, Canyon Lake, Boerne, and Seguin behaves like a Hill Country leisure market with its own municipal rules.

By gross revenue the strongest neighborhoods are Castle Hill, SAT Airport, and Hill Country Village, averaging $46,988, $46,121, and $43,597 a year. Nightly rates span $94 in South West / Hondo to $335 in Canyon Lake. On the Surge Score, which also weighs demand consistency and regulatory risk, Dignowity Hill, Eastwood Village, and Inner Westside rank highest. For value, Dignowity Hill, Inner Westside, and Arena District pair below-median nightly rates with above-median occupancy. The full ranking is on the San Antonio neighborhoods page.

San Antonio permits STRs citywide under a two-type permit system: Type 1 for owner-occupied ($300) and Type 2 for non-owner-occupied ($450), each valid three years, with Type 2 units in residential districts capped at 12.5% of a blockface. Hotel Occupancy Tax is 9% city plus 1.75% Bexar County plus 6% state. Read the full San Antonio STR regulations, including every suburb's rules and the tax filing requirements.

Revenue scales with size. A one-bedroom in San Antonio averages $22,417 a year at $113 a night, while a four-bedroom averages $50,708 at $269. Larger homes earn more per booking but usually run lower occupancy, so compare revenue per available night, not just nightly rate, when you choose a floor plan. Among tracked amenities, listings with a hot tub earned about 58% more than the San Antonio baseline; the Insights tab ranks every amenity by revenue, rate, and occupancy lift.

Model a specific purchase with the San Antonio investment analysis and calculator, or browse the highest-scoring live MLS listings below. Data on this page comes from AirDNA entire-home listings and live MLS feeds and was last refreshed 2026-09-10.