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How much can you earn from a short let in Sheffield? (2026)

Correct as of 27 September 2026. Not legal or financial advice. Consult your own legal or financial adviser before making any decisions.

The average Sheffield short let takes about £19,800 a year in bookings, according to BNBCalc's Sheffield market data, based on 12-month averages to September 2026. Larger homes earn far more: the average 4+ bedroom listing takes £33,100. Here's what Sheffield short lets earn by size, and how that compares with renting to a tenant.

Two guests relaxing on a sofa in a high-ceilinged flat
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Key takeaways

  • The average Sheffield short let takes about £19,800 a year in bookings.
  • Listings are booked on about 43% of nights, at an average of £116 a night.
  • 4+ bedroom homes average about £33,100 a year in bookings.
  • The ONS average Sheffield rent is £931 a month, with the tenant paying bills.
  • Compare what's left after every cost, not the headline figures.
Contents
  1. What does the average Sheffield short let earn?
  2. What do Sheffield short lets earn by size?
  3. How does that compare with renting to a tenant?
  4. How is Sheffield different?
  5. What drives Sheffield bookings?
  6. Who runs Sheffield short lets?
  7. What do guests pay more for?
  8. Check the numbers for your home
  9. Frequently asked questions

What does the average Sheffield short let earn?

BNBCalc's figures for the 12 months to September 2026:

  • Average bookings of about £19,800 a year per listing, up 1% on the year before.
  • Listings booked on about 43% of available nights, down 5%.
  • An average nightly rate of £116, up 14%.
  • Guests booking about 27 days ahead.

What do Sheffield short lets earn by size?

SizeBookings a yearAbout a monthAverage cleaning fee
Studio£6,700£560£41
1 bedroom£13,800£1,150£41
2 bedrooms£19,200£1,600£57
3 bedrooms£27,500£2,290£75
4+ bedrooms£33,100£2,760£113

These are booking figures before platform fees, management and running costs. Source: BNBCalc Sheffield market data.

How does that compare with renting to a tenant?

The ONS puts the average Sheffield private rent at £931 a month in August 2026. By size, the ONS gives £690 for one bedroom, two bedrooms £840, three bedrooms £967, and four or more bedrooms £1,339.

The gap looks biggest for larger homes: a 4+ bedroom short let averages about £2,760 a month in bookings, against about £1,339 in rent. But the honest comparison is what's left after costs. With a tenant, they pay the bills. With a short let, you pay management, cleaning, bills, council tax and insurance. Our short-let vs long-let calculator does the sum for your home.

How is Sheffield different?

Sheffield guests stay longer in smaller homes than in most cities we cover: about 6 nights on average in a 1-bedroom home, and 5.8 nights in a studio. That suits working guests and longer visits. Sheffield's averages are among the lowest we cover, but so are its rents: a 2-bedroom short let averages about £1,600 a month in bookings, against an average 2-bedroom rent of £840.

What drives Sheffield bookings?

Sheffield's most famous event is the World Snooker Championship at the Crucible, which fills the city for over two weeks each spring. Summer music festivals, two universities and visitors using Sheffield as a base for the Peak District add demand. Read our Sheffield events calendar.

Who runs Sheffield short lets?

Most are professionally run. BNBCalc's data shows Professionally managed (70%) of Sheffield listings, with the rest run by independent hosts. Airbnb carries most listings, at 82%, with 15% on Vrbo and 3% on Booking.com.

What do guests pay more for?

BNBCalc compares what listings earn with and without certain features. In Sheffield, listings with a barbecue earned about 32% more, and listings with an EV charger about 18% more. Bigger homes are more likely to have these features, so part of the difference comes from size, not the feature alone.

Check the numbers for your home

Our Sheffield short-let management team will show you likely earnings after fees, based on homes like yours. Get your free valuation and see whether the numbers work for your home.

Frequently asked questions

How much can you earn on Airbnb in Sheffield?

The average Sheffield short let takes about £19,800 a year in bookings, according to BNBCalc's 12-month averages to September 2026.

What occupancy do Sheffield short lets get?

About 43% of available nights, at an average of £116 a night.

How much does a 2-bed short let earn in Sheffield?

About £19,200 a year in bookings, or roughly £1,600 a month, before fees and costs.

Is a short let better than renting in Sheffield?

Often, for larger homes, but compare what's left after costs. The ONS average Sheffield rent is £931 a month.

Which platforms do Sheffield hosts use?

Mostly Airbnb, with 82% of listings, followed by Vrbo at 15% and Booking.com at 3%.

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This is general information, not legal or tax advice. It is our own interpretation of the rules and figures as they stand on the date shown above, and they can change. Speak to a qualified solicitor or accountant before you act on anything here.

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