{"id":181340,"date":"2025-02-28T15:11:39","date_gmt":"2025-02-28T22:11:39","guid":{"rendered":"https:\/\/www.biggerpockets.com\/blog\/?p=181340"},"modified":"2025-02-28T15:13:02","modified_gmt":"2025-02-28T22:13:02","slug":"best-airbnb-markets-for-any-budget","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/best-airbnb-markets-for-any-budget","title":{"rendered":"The 15 Best Airbnb Markets for Every Investor&#8217;s Budget in 2025"},"content":{"rendered":"\n<p><span data-preserver-spaces=\"true\">Investing in <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/short-term-rental-investing\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">short-term rentals (STRs)<\/span><\/a><span data-preserver-spaces=\"true\"> can be a gold mine\u2014or a costly lesson in what not to do. The key? Picking the right market that fits your budget and investment goals.<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Some folks want a vacation home that pulls its weight, others chase high <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/rental-property-cash-flow-analysis\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">cash flow<\/span><\/a><span data-preserver-spaces=\"true\">, and some just want to ride the <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/what-is-appreciation-in-real-estate\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">appreciation<\/span><\/a><span data-preserver-spaces=\"true\"> wave. Whatever your <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/which-real-estate-investing-strategy-is-best-for-your-goals\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">strategy<\/span><\/a><span data-preserver-spaces=\"true\">, there&#8217;s a market out there calling your name.<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">We ran the numbers using data from <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/markets\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">BiggerPockets Market Finder<\/span><\/a><span data-preserver-spaces=\"true\">, Zillow, Redfin, Realtor.com, and <\/span><a class=\"editor-rtfLink\" href=\"http:\/\/airdna.co\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">AirDNA<\/span><\/a><span data-preserver-spaces=\"true\"> to uncover STR markets that still make sense\u2014whether you\u2019re working with champagne money or a beer budget. Not every market will be a slam dunk for your goals, but the right one is on this list.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Now, let\u2019s find your perfect match.<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">1. Investment Level: $200,000<\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Potential markets<\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/markets\/akron-oh?city=Akron&amp;state=OH\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Akron, Ohio<\/span><\/a>\n<ul class=\"wp-block-list\">\n<li><strong><span data-preserver-spaces=\"true\">Median home price: <\/span><\/strong><span data-preserver-spaces=\"true\">$212,500<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">Occupancy rate: <\/span><\/strong><span data-preserver-spaces=\"true\">52%<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">ADR: <\/span><\/strong><span data-preserver-spaces=\"true\">$188<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">Annual revenue: <\/span><\/strong><span data-preserver-spaces=\"true\">$28,800<\/span><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><a class=\"editor-rtfLink\" href=\"https:\/\/www.zillow.com\/home-values\/36216\/stanton-ky\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Stanton, Kentucky<\/span><\/a>\n<ul class=\"wp-block-list\">\n<li><strong><span data-preserver-spaces=\"true\">Median home price:<\/span><\/strong><span data-preserver-spaces=\"true\"> $165,533<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">Occupancy rate:<\/span><\/strong><span data-preserver-spaces=\"true\"> 51%<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">ADR:<\/span><\/strong><span data-preserver-spaces=\"true\"> $227<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">Annual<\/span><span data-preserver-spaces=\"true\"> revenue:<\/span><\/strong><span data-preserver-spaces=\"true\"> $37,833<\/span><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/markets\/pittsburgh-pa?city=Pittsburgh&amp;state=PA\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Pittsburgh, Pennsylvania<\/span><\/a>\n<ul class=\"wp-block-list\">\n<li><strong><span data-preserver-spaces=\"true\">Median home price:<\/span><\/strong><span data-preserver-spaces=\"true\"> $208,593<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">Occupancy rate:<\/span><\/strong><span data-preserver-spaces=\"true\"> 53%<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">ADR:<\/span><\/strong><span data-preserver-spaces=\"true\"> $174.5<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">Annual<\/span><span data-preserver-spaces=\"true\"> revenue: <\/span><\/strong><span data-preserver-spaces=\"true\">$28,300<\/span><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/markets\/peoria-il?city=Peoria&amp;state=IL\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Peoria, Illinois<\/span><\/a>\n<ul class=\"wp-block-list\">\n<li><strong><span data-preserver-spaces=\"true\">Median home price: <\/span><\/strong><span data-preserver-spaces=\"true\">$144,272<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">Occupancy rate:<\/span><\/strong><span data-preserver-spaces=\"true\"> 55%<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">ADR:<\/span><\/strong><span data-preserver-spaces=\"true\"> $153.5<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">Annual<\/span><span data-preserver-spaces=\"true\"> revenue:<\/span><\/strong><span data-preserver-spaces=\"true\"> $24,200<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Analysis<\/span><\/h3>\n\n\n\n<p><span data-preserver-spaces=\"true\">For investors <\/span><span data-preserver-spaces=\"true\">working<\/span><span data-preserver-spaces=\"true\"> with a $200,000 budget, Akron, Stanton, Pittsburgh, and Peoria offer affordable entry points with strong return potential.<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Akron has experienced a 15% increase in annual revenue since 2023, with demand consistently outpacing supply\u2014even as listings have grown by 20% in the last year. <\/span><span data-preserver-spaces=\"true\">This<\/span><span data-preserver-spaces=\"true\"> suggests a market that continues to thrive despite rising inventory.<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Stanton saw a tremendous boost over the past few years but cooled off slightly in 2024. However, it still boasts an impressive 22.8% yield percentage, one of the highest on this list. Yield percentage, calculated as annual revenue divided by the median home price, helps determine how much an investor can make relative to their purchase price.<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Pittsburgh is a larger, more stable market than Akron and Stanton, offering a mix of urban tourism, business travel, and local demand for short-term rentals. In the last year, it has seen an impressive 11% growth in RevPAR (revenue per available room) and a 12% growth in annual revenue per listing. There has been an increase of 12% in listings year over year, but occupancy rates are still growing by 3%, even with the influx of listings. With home prices still accessible and <\/span><span data-preserver-spaces=\"true\">a strong<\/span><span data-preserver-spaces=\"true\"> sports, healthcare, and education-driven economy, Pittsburgh presents a lower-risk option for investors seeking steady cash flow.<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Peoria was named AirDNA&#8217;s No. 1 best place to invest in a city and has seen a 9% increase across all key metrics, including annual revenue (AR), average daily rate (ADR), and RevPAR. However, listings have surged by 23% due to the hype surrounding its strong performance. While the growth is undeniable, investors should <\/span><span data-preserver-spaces=\"true\">be mindful of<\/span><span data-preserver-spaces=\"true\"> how increasing supply could impact occupancy and pricing over time.<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">While all four markets present promising numbers, investors should consider local regulations, seasonality, and market saturation before diving in. Affordable entry points can be attractive, but long-term success hinges on understanding demand trends and competition in each area.<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">2. Investment Level: $500,000<\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Potential markets<\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/markets\/columbus-oh?city=Logan&amp;state=OH\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Logan, Ohio<\/span><\/a>\n<ul class=\"wp-block-list\">\n<li><strong><span data-preserver-spaces=\"true\">Median home price: <\/span><\/strong><span data-preserver-spaces=\"true\">$310,924<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">Occupancy rate:<\/span><\/strong><span data-preserver-spaces=\"true\"> 54%<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">ADR: <\/span><\/strong><span data-preserver-spaces=\"true\">$362<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">Annual revenue: <\/span><\/strong><span data-preserver-spaces=\"true\">$65,700<\/span><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/markets\/myrtle-beach-conway-north-myrtle-beach-sc-nc?city=Myrtle+Beach&amp;state=SC\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Myrtle Beach, South Carolina<\/span><\/a>\n<ul class=\"wp-block-list\">\n<li><strong><span data-preserver-spaces=\"true\">Median home price: <\/span><\/strong><span data-preserver-spaces=\"true\">$331,265<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">Occupancy rate: <\/span><\/strong><span data-preserver-spaces=\"true\">58%<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">ADR:<\/span><\/strong><span data-preserver-spaces=\"true\"> $285.36<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">Annual<\/span><span data-preserver-spaces=\"true\"> revenue:<\/span><\/strong><span data-preserver-spaces=\"true\"> $47,600<\/span><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/markets\/panama-city-fl?city=Panama+City+Beach&amp;state=FL\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Panama City Beach, Florida<\/span><\/a>\n<ul class=\"wp-block-list\">\n<li><strong><span data-preserver-spaces=\"true\">Median home price:<\/span><\/strong><span data-preserver-spaces=\"true\"> $353,298<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">Occupancy rate:<\/span><\/strong><span data-preserver-spaces=\"true\"> 57%<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">ADR:<\/span><\/strong><span data-preserver-spaces=\"true\"> $327<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">Annual<\/span><span data-preserver-spaces=\"true\"> revenue:<\/span><\/strong><span data-preserver-spaces=\"true\"> $53,800<\/span><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/markets\/wilmington-nc?city=Wilmington&amp;state=NC\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Sneads Ferry, North Carolina<\/span><\/a>\n<ul class=\"wp-block-list\">\n<li><strong><span data-preserver-spaces=\"true\">Median home price:<\/span><\/strong><span data-preserver-spaces=\"true\"> $425,219<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">Occupancy rate: <\/span><\/strong><span data-preserver-spaces=\"true\">60%<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">ADR: <\/span><\/strong><span data-preserver-spaces=\"true\">$421<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">Annual<\/span><span data-preserver-spaces=\"true\"> revenue:<\/span><\/strong><span data-preserver-spaces=\"true\"> $71,500<\/span><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><a class=\"editor-rtfLink\" href=\"https:\/\/www.redfin.com\/city\/16890\/OR\/Seaside\/housing-market\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Seaside, Oregon<\/span><\/a>\n<ul class=\"wp-block-list\">\n<li><strong><span data-preserver-spaces=\"true\">Median home price:<\/span><\/strong><span data-preserver-spaces=\"true\"> $450,000<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">Occupancy rate:<\/span><\/strong><span data-preserver-spaces=\"true\"> 59%<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">ADR:<\/span><\/strong><span data-preserver-spaces=\"true\"> $336\u00a0<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">Annual<\/span><span data-preserver-spaces=\"true\"> revenue:<\/span><\/strong><span data-preserver-spaces=\"true\"> $62,700<\/span><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><a class=\"editor-rtfLink\" href=\"https:\/\/www.zillow.com\/home-values\/3788\/branson-mo\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Branson, Missouri<\/span><\/a>\n<ul class=\"wp-block-list\">\n<li><strong><span data-preserver-spaces=\"true\">Median home price:<\/span><\/strong><span data-preserver-spaces=\"true\"> $255,532<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">Occupancy rate:<\/span><\/strong><span data-preserver-spaces=\"true\"> 51%<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">ADR: <\/span><\/strong><span data-preserver-spaces=\"true\">$249.99\u00a0<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">Annual<\/span><span data-preserver-spaces=\"true\"> revenue:<\/span><\/strong><span data-preserver-spaces=\"true\"> $40,500<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Analysis<\/span><\/h3>\n\n\n\n<p><span data-preserver-spaces=\"true\">With a budget of $500,000 or less, investors have several strong markets to consider.<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Logan stands out with its high annual revenue potential, but its market <\/span><span data-preserver-spaces=\"true\">is filled<\/span><span data-preserver-spaces=\"true\"> with some <\/span><span data-preserver-spaces=\"true\">of the most<\/span><span data-preserver-spaces=\"true\"> unique properties\u2014meaning creativity is key to standing out. RevPAR has grown 9% and annual revenue by 10%, but listings have surged by 15% in the last year. It may not be for you if you don\u2019t plan on catering to this creative market.<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Myrtle Beach is <\/span><span data-preserver-spaces=\"true\">an STR-friendly<\/span><span data-preserver-spaces=\"true\"> market with significant tourism appeal. The city is so pro-STR that there\u2019s even speculation they might outlaw long-term rentals due to the high demand for vacation stays and the lack of supply. It\u2019s a highly seasonal market but benefits from strong tourism. Annual revenue and ADR have increased by 4%, with RevPAR up 3%. However, there are over 16,000 active listings, and occupancy rates have <\/span><span data-preserver-spaces=\"true\">trended down<\/span><span data-preserver-spaces=\"true\"> slightly (1% YoY).<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Panama City Beach is one of the <\/span><span data-preserver-spaces=\"true\">most STR-friendly markets in the country, with both<\/span><span data-preserver-spaces=\"true\"> annual revenue (AR) and average daily rate (ADR) rising 14%.<\/span><span data-preserver-spaces=\"true\"> While it&#8217;s a highly seasonal market, it offers consistent yearly revenue. Listings have only increased by 1%, showing demand remains strong. However, insurance costs are a concern for investors in Florida.<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">For those with a bit more to spend, Sneads Ferry (North Topsail Beach) provides high ADRs and substantial revenue, with beachfront proximity being the ultimate profitability booster (but also a cost driver). Listings decreased by 3% while growing in ADR (2%) and occupancy rates (3%).<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Meanwhile, Seaside and Rockaway Beach are proving to be strong short-term rental (STR) markets with favorable regulations and growing revenue potential. RevPAR, ADR, and annual revenue projections are all up, signaling strong demand, while occupancy has remained steady despite a 6% increase in new listings since 2024. These coastal destinations attract consistent tourism, benefiting from beachgoers, outdoor enthusiasts, and regional travelers.<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Branson remains an appealing STR market despite seasonality concerns. Annual revenue and ADR increased by 6%, reaching $40,500, while the median home price is $255,532. However, active listings have risen <\/span><span data-preserver-spaces=\"true\">by<\/span><span data-preserver-spaces=\"true\"> 7%, and occupancy rates have dipped 2% YoY. While Branson does experience seasonal dips, it was recently named one of Airbnb&#8217;s top 10 Thanksgiving destinations, indicating strong demand during peak periods.<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">With a balanced market and investor-friendly policies, these markets offer compelling opportunities for STR investors. However, understanding local competition, tourism trends, seasonality, and potential expenses is key in deciding which market aligns best with your <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/which-real-estate-investing-strategy-is-best-for-your-goals\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">strategy<\/span><\/a><span data-preserver-spaces=\"true\">.<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">3. Investment Level: $800,000-$1 Million<\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Potential markets<\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a class=\"editor-rtfLink\" href=\"https:\/\/www.realtor.com\/realestateandhomes-search\/Sevierville_TN\/overview\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Sevierville, Tennessee<\/span><\/a>\n<ul class=\"wp-block-list\">\n<li><strong><span data-preserver-spaces=\"true\">Median home price:<\/span><\/strong><span data-preserver-spaces=\"true\"> $687,000<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">Occupancy rate:<\/span><\/strong><span data-preserver-spaces=\"true\"> 60%<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">ADR:<\/span><\/strong><span data-preserver-spaces=\"true\"> $370<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">Annual revenue:<\/span><\/strong><span data-preserver-spaces=\"true\"> $74,300<\/span><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><a class=\"editor-rtfLink\" href=\"https:\/\/www.zillow.com\/home-values\/35932\/pawleys-island-sc\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Pawleys Island, South Carolina<\/span><\/a>\n<ul class=\"wp-block-list\">\n<li><strong><span data-preserver-spaces=\"true\">Median home price: <\/span><\/strong><span data-preserver-spaces=\"true\">$532,057<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">Occupancy rate: <\/span><\/strong><span data-preserver-spaces=\"true\">56%<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">ADR: <\/span><\/strong><span data-preserver-spaces=\"true\">$441<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">Annual<\/span><span data-preserver-spaces=\"true\"> revenue:<\/span><\/strong><span data-preserver-spaces=\"true\"> $70,700<\/span><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/markets\/flagstaff-az?city=Flagstaff&amp;state=AZ\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Flagstaff, Arizona<\/span><\/a>\n<ul class=\"wp-block-list\">\n<li><strong><span data-preserver-spaces=\"true\">Median home price:<\/span><\/strong><span data-preserver-spaces=\"true\"> $625,695<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">Occupancy rate:<\/span><\/strong><span data-preserver-spaces=\"true\"> 58%<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">ADR: <\/span><\/strong><span data-preserver-spaces=\"true\">$271.3<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">Annual<\/span><span data-preserver-spaces=\"true\"> revenue:<\/span><\/strong><span data-preserver-spaces=\"true\"> $50,300<\/span><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><a class=\"editor-rtfLink\" href=\"https:\/\/www.zillow.com\/home-values\/11922\/hilton-head-island-sc\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Hilton Head, South Carolina<\/span><\/a>\n<ul class=\"wp-block-list\">\n<li><strong><span data-preserver-spaces=\"true\">Median home price: <\/span><\/strong><span data-preserver-spaces=\"true\">$761,100<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">Occupancy rate:<\/span><\/strong><span data-preserver-spaces=\"true\"> 61%<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">ADR:<\/span><\/strong><span data-preserver-spaces=\"true\"> $439.6<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">Annual<\/span><span data-preserver-spaces=\"true\"> revenue:<\/span><\/strong><span data-preserver-spaces=\"true\"> $76,900<\/span><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><a class=\"editor-rtfLink\" href=\"https:\/\/www.zillow.com\/home-values\/7005\/sedona-az\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Sedona, Arizona<\/span><\/a>\n<ul class=\"wp-block-list\">\n<li><strong><span data-preserver-spaces=\"true\">Median home price: <\/span><\/strong><span data-preserver-spaces=\"true\">$917,779<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">Occupancy rate:<\/span><\/strong><span data-preserver-spaces=\"true\"> 61%<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">ADR: <\/span><\/strong><span data-preserver-spaces=\"true\">$376.8<\/span><\/li>\n\n\n\n<li><strong><span data-preserver-spaces=\"true\">Annual<\/span><span data-preserver-spaces=\"true\"> revenue:<\/span><\/strong><span data-preserver-spaces=\"true\"> $74,100<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Analysis<\/span><\/h3>\n\n\n\n<p><span data-preserver-spaces=\"true\">Sevierville, Pawleys Island, Flagstaff, Hilton Head, and Sedona all offer substantial short-term rental investment opportunities, each with distinct advantages, depending on your budget and strategy.<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">For investors in the $800,000 range, Sevierville, Pawleys Island, and Flagstaff stand out. Sevierville benefits from its proximity to the Smoky Mountains, a top-tier tourism destination. <\/span><span data-preserver-spaces=\"true\">This<\/span><span data-preserver-spaces=\"true\"> has been one of the hottest markets for a few years now, and it shows\u2014with occupancy rates dropping 4% YoY as supply <\/span><span data-preserver-spaces=\"true\">starts to<\/span><span data-preserver-spaces=\"true\"> outpace demand (2% supply growth). The advantage will lie in ensuring you have the proper budget to match the amenities and location desired in the area.<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">At the same time, Pawleys Island offers a lucrative coastal market, where being as close to the beach as possible will significantly impact ROI. While you can technically get into Pawleys Island for under $600,000, expect to stretch closer to $800,000 if you want to compete at the highest level. RevPAR, ADR, and annual revenue are up 14% YoY in a less competitive market than others, with only 1,479 active listings, according to AirDNA.<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Meanwhile, Flagstaff is one of the least seasonal STR markets in the U.S., making it a stable investment option compared to other vacation destinations. In 2024, annual revenue and RevPAR increased by 8%, while ADR rose by 6%, signaling steady demand. The city benefits from year-round tourism, drawing visitors for outdoor activities, national parks, and events that keep occupancy levels more consistent than <\/span><span data-preserver-spaces=\"true\">in<\/span><span data-preserver-spaces=\"true\"> traditional seasonal markets.<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">All three markets require an understanding of peak tourism seasons and the design styles that appeal to their unique audiences to maximize returns.<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">With a $1 million budget, Hilton Head and Sedona present even more substantial opportunities. Hilton Head\u2019s well-established coastal appeal attracts golfers, beachgoers, and year-round tourists, making it a reliable STR market. However, competition is fierce, so standout design and top-tier amenities are necessary.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">With this supply growth and 7,330 active listings, occupancy rates have trended down by 3%, according to AirDNA. On the other hand, annual revenue and RevPAR are up by 5%, meaning people are willing to pay for this highly desired vacation area.<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">On the other hand, Sedona is all about breathtaking red rock views, luxury retreats, and a steady stream of adventure-seeking visitors. The yield percentage in Sedona may not be as enticing as some other markets. Still, with all metrics (occupancy, ADR, RevPAR, and annual revenue) trending upwards by 5%+, Sedona could be a winner for people in the Southwest. While its year-round occupancy is a significant draw, investors must navigate local STR regulations carefully.<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">In all five markets, maximizing returns requires premium experiences\u2014think high-end outdoor spaces, hot tubs, and professional-grade interior design. Whether it&#8217;s a mountain retreat, a beachfront escape, or a desert oasis, the right strategy can turn these markets into highly profitable investments.<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Final Thoughts<\/span><\/h2>\n\n\n\n<p><span data-preserver-spaces=\"true\">Every STR market isn&#8217;t a one-size-fits-all opportunity. Each investor has unique goals, whether maximizing cash flow, long-term appreciation, or balancing both.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">If strong cash flow is your priority, budget-friendly markets can offer high returns with the right deal. If appreciation is your focus, destinations like Sedona and Sneads Ferry may be more your speed. And if you want a blend of both\u2014plus a prime vacation location\u2014Hilton Head and Sedona should be on your radar.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">The beauty of STR investing is that the path is yours to choose, and what one investor overlooks might be another\u2019s gold mine.<\/span><\/p>\n\n\n\n<div id=\"hero-block_b15b123ac129198947ee5219c1a9e675\" class=\"first:mt-0 hero-block py-4  alignfull   has-background has-slate-50-background-color has-text-color has-theme-gold-color\">\n    <div\n        class=\"gap-10 lg:gap-20 flex flex-wrap lg:flex-nowrap max-w-screen-xl mx-auto px-4 relative lg:items-center \">\n\n        <div class=\"relative z-30 lg:w-1\/2 \">\n            <main class=\"py-4\">\n                \n\n<p class=\"has-slate-800-color has-text-color has-large-font-size\" style=\"font-style:normal;font-weight:800\">Find the Hottest Deals of 2025!<\/p>\n\n\n\n<p class=\"my-3 md:my-5 lg:my-8 has-slate-900-color has-text-color\" style=\"font-size:18px\">Uncover prime deals in today&#8217;s market with the brand new Deal Finder created just for investors like you! Snag great deals FAST with custom buy boxes, comprehensive property insights, and property projections.<\/p>\n\n\n\n<div id=button-custom-event-block_411dee1f5d9597c00fbb8eb1907d3d30 class='button-custom-event'>\n      <a href=\"https:\/\/www.biggerpockets.com\/deals\" x-on:click=\"window.analytics.track(&#039;Blog Block | Deal Finder&#039;, {\n      referrer: &#039;https:\/\/www.biggerpockets.com\/blog\/best-airbnb-markets-for-any-budget&#039;,\n    });\" class=\" btn-shape inline-block no-underline has-background has-theme-gold-background-color has-text-color has-white-color\" target=\"_blank\">Snag a Deal<\/a>\n  <\/div>\n\n            <\/main>\n        <\/div>\n\n                <div class=\"lg:w-1\/2 first:mt-0 relative h-full lg:flex lg:items-center\">\n            <img decoding=\"async\" class=\"object-cover w-full relative z-20 my-0  rounded-md\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2024\/07\/1-6-1.png\" alt=\"\" title=\"\">\n        <\/div>\n            <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Investing in short-term rentals (STRs) can be a gold mine\u2014or a costly lesson in what not to do. The key? Picking the right market that fits your budget and investment [&hellip;]<\/p>\n","protected":false},"author":613755,"featured_media":181347,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7271,7364],"tags":[],"class_list":["post-181340","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-short-term-rentals","category-housing-markets"],"acf":[],"comment_count":0,"_links":{"self":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/181340","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/users\/613755"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/comments?post=181340"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/181340\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/181347"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=181340"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=181340"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=181340"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}