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View PropertiesAs of Apr, 27 2026
Bellevue, KY is a compact short-term rental market sitting just across the Ohio River from Cincinnati, with only 12 active Airbnb listings competing for guest demand. The market's average daily rate of $121 comes in well below Kentucky's $333 state average, reflecting its small-town positioning and modest property sizes. Average annual revenue of $17,723 per listing suggests this is a market suited for investors seeking an affordable entry point rather than high-dollar returns, though the limited supply could work in an operator's favor.
According to Rabbu market data, the Bellevue short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 12 |
| Average Daily Rate (ADR) | vs. $333 state avg. | $121 |
| Average Occupancy Rate | vs. 28% state avg. | 28% |
| RevPAN | ADR * Occupancy Rate | $33 |
| Average Monthly Revenue | Historical 12-month average | $1,477 |
| Average Annual Revenue | Historical 12-month average | $17,723 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026.
Investors are drawn to Bellevue for its extremely low competition, affordable entry costs, and proximity to Cincinnati's event-driven demand.
Key investment factors
"Bellevue presents a niche opportunity rather than a high-volume play. The market's dozen active listings and below-average ADR of $121 mean revenue ceilings are modest, but the flip side is minimal direct competition and low barriers to entry. Seasonality is pronounced — June and July revenues near $2,090 and $2,084 dwarf the February low of $756 — so investors should budget for winter softness and plan pricing strategies accordingly. For an operator willing to optimize amenities and target Cincinnati spillover traffic, Bellevue offers a manageable, low-risk environment to build a short-term rental portfolio."
— Rabbu Market Analysis Team
Bellevue shows strong seasonality, with June ($2,090) and July ($2,084) generating nearly three times the revenue of the slowest month, February ($756). Investors should expect a meaningful winter dip from November through February and plan cash reserves accordingly.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$808 |
| February |
|
$756 |
| March |
|
$1,405 |
| April |
|
$1,440 |
| May |
|
$1,715 |
| June |
|
$2,090 |
| July |
|
$2,084 |
| August |
|
$1,950 |
| September |
|
$1,567 |
| October |
|
$1,594 |
| November |
|
$1,157 |
| December |
|
$1,154 |
The available supply data shows 7 one-bedroom listings, making them the clear majority of Bellevue's 12 total active listings. The concentration in smaller units could signal opportunity for investors willing to bring larger properties to this underserved market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
7 |
One-bedroom properties command an ADR of $116, which tracks closely with the overall market average of $121. With only one-bedroom data available, investors considering larger formats would need to look at nearby Cincinnati-area comps to estimate ADR premiums for multi-bedroom units.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$116 |
One-bedroom listings deliver a RevPAN of $47, which exceeds the market-wide average of $33 — reflecting their stronger occupancy relative to the broader mix. This suggests that well-managed one-bedroom units are capturing a disproportionate share of revenue efficiency in this market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$47 |
One-bedroom properties achieve a 40% occupancy rate, noticeably above the market-wide 28% average. This higher fill rate points to consistent demand for smaller, more affordable accommodations in Bellevue.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
40% |
One-bedroom listings average $1,690 per month, outpacing the overall market average of $1,477. Since one-bedrooms dominate the supply, this figure provides the most reliable benchmark for investors evaluating entry into Bellevue.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$1,690 |
At $20,284 in average annual revenue, one-bedroom properties represent the primary earning profile in Bellevue. While not a high-revenue market by national standards, this figure can support positive cash flow for investors who secure properties at the area's relatively affordable price points.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$20,284 |
Every listing in Bellevue offers a kitchen, and 92% include parking and self check-in — signaling that guests expect a convenient, self-sufficient stay experience. Outdoor features like backyards (67%) and patios (67%) are also common, suggesting that private outdoor space is a competitive differentiator in this market.
| Amenity | Trend | Value |
|---|---|---|
| Kitchen |
|
100% |
| Parking |
|
92% |
| Self Check-in |
|
92% |
| Backyard |
|
67% |
| Patio or Balcony |
|
67% |
| Workspace |
|
50% |
| BBQ Grill |
|
42% |
| Dryer |
|
42% |
| Outdoor Furniture |
|
42% |
| Pets |
|
42% |
| Washer |
|
42% |
| EV Charger |
|
8% |
Understanding local STR regulations is essential before investing in Bellevue. Here's the current regulatory landscape:
Operators looking to list a short-term rental in Bellevue, Kentucky should verify whether a permit, business license, or registration is required by contacting the City of Bellevue and reviewing Campbell County regulations. Requirements can change, so confirming current rules with local authorities before listing is essential.
Common restrictions in Kentucky communities can include occupancy limits, minimum stay requirements, noise ordinances, and off-street parking mandates. Investors should also check for any HOA or neighborhood-specific covenants that may limit or prohibit short-term rental activity in certain areas of Bellevue.
Short-term rental hosts in Kentucky are typically subject to state sales tax and local transient room taxes, which may apply to stays of fewer than 30 days. Platforms like Airbnb often collect and remit some of these taxes automatically, but operators should verify their full obligations with the Kentucky Department of Revenue.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Bellevue can provide current regulatory guidance.
Financing an Airbnb investment in Bellevue requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Bellevue's proximity to Cincinnati should continue to funnel spillover demand into the market, particularly during the warmer months when revenue roughly doubles compared to winter lows. Occupancy currently sits at 28%, matching the Kentucky state average, but a well-positioned listing could outperform given the thin supply of just 12 properties. Investors should anticipate seasonal softness from November through February, with monthly revenues potentially dipping below $800, while June and July are estimated to remain the strongest months with revenues near $2,000–$2,100. ADR growth is likely to be modest — perhaps 1–3% — given the market's budget-friendly positioning relative to the broader region."
— Rabbu Market Analysis Team
Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.
Rabbu proprietary analytics as of Apr, 27 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Local regulations, permit requirements, and tax obligations may change; always verify current rules with the appropriate authorities before investing. Individual property performance will vary based on location, condition, management quality, and pricing strategy.
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