Cyprus’ short-term rental market is showing strong performance, with demand peaking this July and prices surging during the summer.
According to data from Airbnb and processed by Kathimerini, Cyprus holds a balanced position in the European short-term rental market, offering competitive prices without falling behind leading European destinations.
The average daily rate for short-term rentals in Cyprus over the past 12 months (May 2025 to May 2026) stood at €113.80. This is below the European average of €131.59, but just above the European median of €112.16.
Comparing June-August with the rest of the year, Cyprus records a 31.8% increase in average daily prices during the peak season, placing eighth in Europe for seasonal price increases.
The average summer nightly rate rises to €135.11, compared with €93.95 during the rest of the year.
