Is Airbnb cheaper than a hotel in Lisbon?
Yes: in Lisbon, Airbnb homes asked a median €74 a night against €85 for hotels on Agoda, 13% less (latest scan 25 October 2026; priced on a typical night: Airbnb homes 95, hotels on Agoda 199). Nights measured on both sides: 71, from 13 November 2026 to 22 January 2027, read on 25 October 2026.
Measured by Bed&Market (bedandmarket.com) from 208 places checked, read 25 October 2026 00:42 UTC.
Updated
Hotels and apartments side by side
On a typical night in Lisbon, the middle half of asking prices ran from €68 to €108 for hotels on Agoda and from €57 to €91 for Airbnb homes.
| Places | Median asking price | Lower quarter (p25) | Upper quarter (p75) | With a price, typical night | Nights |
|---|---|---|---|---|---|
| Hotels on Agoda | €85 | €68 | €108 | 199 | 71 |
| Airbnb homes | €74 | €57 | €91 | 95 | 71 |
| All places pooled | €80 | €64 | €103 | 294 | 71 |
Each night's figure is the median (or quarter) of that night's asking prices for one night; each figure here is the median of those nights. The pooled row puts every asking price of a night into one list.
Friday and Saturday nights on each side
Friday and Saturday nights in Lisbon against Monday to Thursday: +12% for hotels on Agoda and +4% for Airbnb homes.
| Places | Friday + Saturday | Monday – Thursday | Weekend against Mon–Thu | Fri + Sat nights | Mon–Thu nights |
|---|---|---|---|---|---|
| Hotels on Agoda | €93 | €83 | +12% | 21 | 40 |
| Airbnb homes | €77 | €74 | +4% | 21 | 40 |
Medians of the nightly medians; Sunday nights sit in neither group.
Month by month
The gap in Lisbon was widest in November 2026: €77 for Airbnb homes against €97 for hotels on Agoda, 21% less.
| Month | Hotels on Agoda | Airbnb homes | Difference | Nights | Latest scan |
|---|---|---|---|---|---|
| November 2026 | €97 | €77 | -21% | 30 | 25 October 2026 |
| December 2026 | €83 | €74 | -11% | 31 | 25 October 2026 |
| January 2027 | €83 | €75 | -10% | 22 | 25 October 2026 |
Each month is the median of its nightly medians over the nights read on both sides; the month links to its own page.
On event and holiday nights
On 1 January 2027 in Lisbon (New Year's Day), Airbnb homes asked a median €69 against €138 for hotels on Agoda, 50% less.
| Night | Event or holiday | Hotels on Agoda | Airbnb homes | Difference | With a price: hotels / Airbnb |
|---|---|---|---|---|---|
| 1 December 2026 | Restoration of Independence Day | €75 | €73 | -3% | 199 / 102 |
| 8 December 2026 | Immaculate Conception | €79 | €72 | -9% | 198 / 103 |
| 25 December 2026 | Christmas Day | €96 | €71 | -26% | 199 / 96 |
| 1 January 2027 | New Year's Day | €138 | €69 | -50% | 196 / 94 |
Each event is printed beside the night it fell on; the prices are that night's asking prices and do not say what moved them.
What counts as a hotel and an apartment here
Places with a price on a typical night in Lisbon: 294 in all, 199 on Agoda and 95 on Airbnb.
- Airbnb homes: the listings Airbnb's search showed with a price for one night for 2 guests, whole apartments, B&Bs and private rooms alike.
- Hotels on Agoda: every place Agoda's search showed with a price for one night for 2 adults: hotels, guesthouses, hostels and the apartments Agoda itself lists.
- A listing missing from a night's Airbnb search is unknown that night, not sold out.
- The two sites may count fees and taxes differently; each figure is the price its search showed.
What was measured
Nights measured in Lisbon on both sides: 71, from 13 November 2026 to 22 January 2027; each with at least 30 places showing a price on Agoda.
- Up to 208 places checked per night on Agoda; a place with no price that night (sold out or closed) is counted but carries no price.
- Prices in EUR, as shown on the day each night was read on Agoda, on 25 October 2026.
- Asking prices seen while searching for one night: not prices paid, and not a forecast.
- Airbnb nights read on 25 October 2026.
Source: asking prices for one night, read from public search results on the scan date; not prices paid, and not a forecast. How we measure →