Whitefish, Montana vacation rental market: the numbers behind the season
Whitefish lives on two clocks: the Glacier National Park summer, when the town effectively sells out, and the Whitefish Mountain ski season that carries winter. Between them sit shoulder months in which occupancy collapses to a fraction of the peak. Markets this compressed reward preparation over reaction, because by the time peak season arrives, the pricing decisions that matter have mostly already been made.
Figures: the UpRev revenue desk’s August 2026 pull, aggregated daily across the market’s competitive set, twelve complete months ending July 2026. Refreshed quarterly.
At the summer peak, occupancy in Whitefish approaches the practical ceiling: most available nights simply sell. When a market sells out, empty-calendar anxiety is the wrong instinct entirely; the risk flips from not booking to booking too cheaply, too early. The operators who win the summer here are the ones holding rate while the sold-out signs go up around them.
Unusually for a leisure market, weekends barely price above weekdays here. Guests come for Glacier and the mountains and they come for days at a time, not for a Saturday night. Length-of-stay strategy, not weekend strategy, is where this market’s pricing edge lives.
Late autumn is the market’s floor, with occupancy at a small fraction of the summer number. Nothing prices a market’s discipline like its worst month: rates that drift down from summer instead of being rebuilt for shoulder demand leave those months emptier than they need to be, and the booked-versus-listed gap widens accordingly.
July is the high point of the Whitefish year and it comes close to a sell-out, with August and June just behind it and September still strong. November is the floor and April is barely above it. Between those extremes the winter holds a steady middle, and February is the best of the cold months rather than December or January, which is not the order most people expect.
Glacier National Park is the summer, and the Going-to-the-Sun Road is the switch that turns it on. The road opens in full when the plough crews finish rather than on any fixed date, which is why June can move by a fortnight from one season to the next, and it shuts again in the middle of autumn, which is why October falls away so hard. Under the Big Sky plays in July and the Huckleberry Days Arts Festival takes Depot Park in August. Winter belongs to Whitefish Mountain Resort, with the Whitefish Winter Carnival its marquee weekend in early February, and the Great Northwest Oktoberfest works two weekends of October in that same park.
Whitefish is booked further ahead than any market we track, and it is not remotely close. At the height of summer the typical booking is made the better part of three months out, while in November and April it falls to little more than a week, the sharpest swing in planning behaviour anywhere on this site. The stays are long, with more than a third running a week or more. The weekend premium is almost nothing, because a Glacier trip is not a Saturday night, it is a week with a Saturday somewhere in it. Guests arrive by road, by rail and through a regional airport, and the summer visitor has usually committed before the road is even confirmed open.
Discount into a sold-out month and this market will quietly take the difference. When most available nights are going to sell regardless, the risk was never the empty calendar; it is the cheap early booking that fills July at a June price. The opposite error costs just as much in the shoulders, where a rate drifting down from summer instead of being rebuilt for a different guest leaves April and November emptier than they need to be. And weekend thinking achieves almost nothing at all. Minimum stays and the length of the booking are the levers that work in this market, and an operator hauling on the Friday and Saturday lever is hauling on one that is not connected to anything.
A market this seasonal looks as though it prices itself, which is exactly why the top quartile is able to hold the premium it does. The work is all front-loaded: holding rate through that long summer booking window instead of taking the early money, setting minimum stays that match a week-long trip, and rebuilding the shoulder months from scratch rather than discounting the peak into them. It is patient work, and it is the sort our desk is built for across the short-term rental revenue in its charge.
The desk behind this page has analysed more than 8,800 listings across the markets it tracks. The tables below are this market’s own competitive set.
The numbers
| Size | Peak occupancy | Trough occupancy | Weekend premium | Top-quartile ask vs median | Booked vs listed | Revenue per listing, July 2026 | Active listings, August 2026 | Supply growth year on year, August 2026 |
|---|---|---|---|---|---|---|---|---|
| 1BR | 85.1% (July 2026) | 25.5% (November 2025) | 5% | +38% | -8% | $5,702 | 722 | +8.2% |
| 2BR | 87.5% (July 2026) | 27.3% (November 2025) | 4% | +37% | -13% | $9,000 | 707 | +10.5% |
| 3BR | 87.2% (July 2026) | 24.9% (November 2025) | 5% | +41% | -20% | $11,239 | 549 | +10.9% |
| 4BR | 84.8% (July 2026) | 17.2% (November 2025) | 5% | +46% | -15% | $16,060 | 312 | +19.1% |
| 5BR | 86.3% (July 2026) | 18.4% (November 2025) | 4% | +47% | -17% | $20,937 | 107 | +9.2% |
| Month | On the books | On the books, year prior | Change, points | Cancellations per new booking, last thirty days |
|---|---|---|---|---|
| September 2026 | 54.8% | 50.2% | +4.6 pts | 30.8% |
| October 2026 | 13.5% | 13.2% | +0.3 pts | 31% |
| November 2026 | 4.2% | 2.4% | +1.8 pts | 63.7% |
| December 2026 | 6.5% | 7.2% | -0.7 pts | 28.3% |
| January 2027 | 5.5% | 4.1% | +1.4 pts | 18.5% |
| February 2027 | 4.9% | 4.5% | +0.4 pts | 50.8% |
| March 2027 | 3.1% | 3.4% | -0.3 pts | 95.4% |
| April 2027 | 0.4% | 0.1% | +0.3 pts | – |
| May 2027 | 0.8% | 0.9% | -0.1 pts | – |
| June 2027 | 2.9% | 1.4% | +1.5 pts | 70.1% |
| July 2027 | 5.5% | 1.6% | +3.9 pts | 19% |
| Month | Occupancy | Occupancy, year prior | 25th pct listed | Median listed | 75th pct listed | Median booked | RevPAR | ADR |
|---|---|---|---|---|---|---|---|---|
| August 2025 | 81.5% | 80.8% | $261 | $335 | $428 | $290 | $244 | $299 |
| September 2025 | 71.4% | 73.6% | $212 | $275 | $348 | $237 | $175 | $245 |
| October 2025 | 43.1% | 42.1% | $149 | $196 | $260 | $165 | $76 | $175 |
| November 2025 | 27.3% | 22.7% | $129 | $167 | $232 | $141 | $39 | $143 |
| December 2025 | 36.2% | 37.6% | $146 | $204 | $300 | $183 | $78 | $216 |
| January 2026 | 36.8% | 35.3% | $141 | $191 | $284 | $182 | $73 | $198 |
| February 2026 | 45.3% | 44% | $145 | $198 | $294 | $183 | $91 | $201 |
| March 2026 | 41.3% | 39.8% | $132 | $181 | $267 | $155 | $73 | $176 |
| April 2026 | 30.4% | 28.7% | $114 | $165 | $243 | $133 | $41 | $136 |
| May 2026 | 47.1% | 40.9% | $137 | $196 | $274 | $163 | $78 | $165 |
| June 2026 | 76.8% | 68.6% | $224 | $294 | $387 | $252 | $203 | $264 |
| July 2026 | 87.5% | 86.5% | $294 | $391 | $522 | $334 | $313 | $359 |
| Month | Occupancy | Occupancy, year prior | 25th pct listed | Median listed | 75th pct listed | Median booked | RevPAR | ADR |
|---|---|---|---|---|---|---|---|---|
| August 2025 | 77.6% | 77.4% | $325 | $425 | $542 | $345 | $278 | $358 |
| September 2025 | 62.2% | 68.2% | $258 | $340 | $449 | $274 | $178 | $286 |
| October 2025 | 41.6% | 36% | $190 | $263 | $363 | $199 | $90 | $216 |
| November 2025 | 24.9% | 23.9% | $170 | $237 | $339 | $171 | $42 | $167 |
| December 2025 | 34.6% | 38.6% | $200 | $298 | $435 | $240 | $95 | $276 |
| January 2026 | 36.1% | 34.3% | $183 | $272 | $404 | $220 | $86 | $238 |
| February 2026 | 46.5% | 44.8% | $183 | $279 | $421 | $240 | $117 | $252 |
| March 2026 | 39.1% | 37.9% | $172 | $267 | $396 | $218 | $90 | $229 |
| April 2026 | 26.8% | 24.4% | $159 | $231 | $342 | $153 | $43 | $159 |
| May 2026 | 44.7% | 39.9% | $175 | $266 | $375 | $207 | $94 | $209 |
| June 2026 | 76.8% | 67.1% | $281 | $380 | $518 | $311 | $255 | $332 |
| July 2026 | 87.2% | 86.4% | $381 | $502 | $706 | $417 | $399 | $457 |
What would these numbers look like on your portfolio?
A market report tells you the water level. A revenue map tells you where your listings sit in it: which are beating this market, which are funding it, and what the gap is worth. It is free, built from your own numbers, and yours to keep.