Browse Airbnbs for Sale
Explore active Airbnbs and STR-ready homes in Charlotte with verified income data.
View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Berkeley Springs offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Berkeley Springs, WV earns an ROI score of 63 out of 100, placing it in the "Attractive Opportunity" tier for short-term rental investors. With an above-average revenue-to-price ratio, average home values of $421,453, and annual revenue averaging $32,833, this small-town spa and nature destination offers a compelling entry point for investors seeking cash flow from leisure-driven demand. The market's 158 active listings and moderate ADR of $233 suggest a still-maturing STR landscape where well-positioned properties can stand out.
According to Rabbu market data, the Berkeley Springs short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 158 |
| Average Daily Rate (ADR) | vs. $242 state avg. | $233 |
| Average Occupancy Rate | vs. 38% state avg. | 30% |
| RevPAN | ADR * Occupancy Rate | $69 |
| Average Monthly Revenue | Historical 12-month average | $2,736 |
| Average Annual Revenue | Historical 12-month average | $32,833 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.
Berkeley Springs appeals to STR investors because of its favorable revenue-to-price ratio and strong leisure appeal as a historic spa and outdoor recreation town in West Virginia's Eastern Panhandle.
Key investment factors
"Berkeley Springs represents a moderate-to-strong opportunity for STR investors who align their expectations with the market's seasonal rhythm. Revenue peaks sharply in July and August—$3,511 and $4,010 respectively—while the slowest months (January and February) dip below $2,100, creating a roughly 2:1 spread between high and low season. The above-average revenue-to-price ratio is the market's standout strength, partially offset by occupancy that trails the West Virginia state average of 38% and a supply/demand balance rated below average. Investors who target larger cabins or homes with hot tubs, pet-friendly policies, and strong outdoor amenities are best positioned to outperform the market average."
— Rabbu Market Analysis Team
Berkeley Springs shows pronounced seasonality, with August ($4,010) and July ($3,511) far outpacing the winter lows of January ($1,949) and February ($2,071). The summer-to-winter spread exceeds $2,000 per month, so investors should plan cash reserves to cover fixed costs during the quieter first quarter.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$1,949 |
| February |
|
$2,071 |
| March |
|
$2,444 |
| April |
|
$2,148 |
| May |
|
$2,527 |
| June |
|
$2,738 |
| July |
|
$3,511 |
| August |
|
$4,010 |
| September |
|
$2,775 |
| October |
|
$2,826 |
| November |
|
$2,892 |
| December |
|
$2,937 |
Three-bedroom properties dominate the supply with 55 listings—roughly 35% of all active inventory—while 5-bedroom homes are the scarcest at just 14 listings. The limited supply of larger properties, combined with their higher revenue potential, may signal an opportunity for investors willing to acquire 4- or 5-bedroom homes.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
25 |
| 2 bedrooms |
|
31 |
| 3 bedrooms |
|
55 |
| 4 bedrooms |
|
26 |
| 5 bedrooms |
|
14 |
ADR climbs steadily from $147 for 1-bedroom units to $310 for 5-bedroom homes, with each additional bedroom adding roughly $30–$75 per night. The strongest price jump occurs between 2-bedrooms ($174) and 3-bedrooms ($248), suggesting that guests place a significant premium on having dedicated space for groups.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$147 |
| 2 bedrooms |
|
$174 |
| 3 bedrooms |
|
$248 |
| 4 bedrooms |
|
$288 |
| 5 bedrooms |
|
$310 |
Revenue per available night scales consistently with size, from $50 for 1-bedroom listings to $91 for 5-bedroom properties. Four- and 5-bedroom homes deliver the best RevPAN, indicating that despite similar occupancy rates to smaller units, their higher nightly rates translate into meaningfully more revenue per calendar night.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$50 |
| 2 bedrooms |
|
$56 |
| 3 bedrooms |
|
$63 |
| 4 bedrooms |
|
$84 |
| 5 bedrooms |
|
$91 |
Occupancy rates are relatively compressed across property sizes, ranging from 26% for 3-bedroom listings to 34% for 1-bedroom units. The narrow spread suggests that all property types face similar demand constraints, and investors across the board should focus on pricing optimization and amenity differentiation to push occupancy above the market average.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
34% |
| 2 bedrooms |
|
32% |
| 3 bedrooms |
|
26% |
| 4 bedrooms |
|
29% |
| 5 bedrooms |
|
29% |
Monthly revenue rises sharply with bedroom count: 1-bedroom listings average $2,055 while 5-bedroom properties bring in $3,784—an 84% premium. The jump from 3-bedroom ($2,524) to 4-bedroom ($3,428) is particularly notable, representing over $900 in additional monthly income.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$2,055 |
| 2 bedrooms |
|
$2,105 |
| 3 bedrooms |
|
$2,524 |
| 4 bedrooms |
|
$3,428 |
| 5 bedrooms |
|
$3,784 |
Five-bedroom properties lead the market with $45,411 in average annual revenue, nearly double the $24,671 earned by 1-bedroom units. Four-bedroom homes at $41,146 annually also offer strong return potential, making both configurations attractive targets for investors seeking to maximize gross income relative to property costs.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$24,671 |
| 2 bedrooms |
|
$25,260 |
| 3 bedrooms |
|
$30,297 |
| 4 bedrooms |
|
$41,146 |
| 5 bedrooms |
|
$45,411 |
Parking (97%), kitchen (94%), and self check-in (91%) are near-universal, reflecting the self-service, drive-to nature of this market. Notably, 75% of listings are pet-friendly and 54% feature a hot tub—amenities that function as key differentiators in a rural leisure destination and should be considered essential for competitive positioning.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
97% |
| Kitchen |
|
94% |
| Self Check-in |
|
91% |
| BBQ Grill |
|
84% |
| Patio or Balcony |
|
83% |
| Outdoor Furniture |
|
78% |
| Pets |
|
75% |
| Washer |
|
73% |
| Dryer |
|
73% |
| Backyard |
|
62% |
| Workspace |
|
58% |
| Hot Tub |
|
54% |
| Pool |
|
18% |
| EV Charger |
|
9% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Berkeley Springs Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Above average | 40% |
| Occupancy Stability | Average | 30% |
| Market Growth Trend | Average | 15% |
| Supply/Demand Balance | Below average | 15% |
Berkeley Springs scores 63 out of 100 on Rabbu's ROI scale, placing it in the "Attractive Opportunity" band. The market's standout strength is its above-average revenue-to-price ratio, meaning hosts earn comparatively well relative to property acquisition costs, while occupancy stability and market growth are average and supply/demand balance trails slightly. Investors should pair these data points with local regulatory research and property-level analysis to confirm that a specific deal pencils out before committing.
Understanding local STR regulations is essential before investing in Berkeley Springs. Here's the current regulatory landscape:
Short-term rental operators in Berkeley Springs and Morgan County, West Virginia may need to register with local authorities or obtain a business license before listing a property. Investors should verify current permit requirements directly with the Morgan County Commission and any applicable West Virginia state agencies.
Common restrictions in similar markets include occupancy limits, minimum-stay requirements, noise and parking regulations, and potential HOA rules that could limit or prohibit short-term rentals. Investors purchasing in planned communities or subdivisions should review covenants carefully before closing on a property.
West Virginia imposes a state sales tax and a hotel/motel occupancy tax on short-term rental stays, and Morgan County may levy additional local lodging taxes. Major platforms like Airbnb often collect and remit these taxes on behalf of hosts, but operators should confirm their specific obligations with the West Virginia State Tax Department.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Berkeley Springs can provide current regulatory guidance.
Financing an Airbnb investment in Berkeley Springs requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Berkeley Springs is likely to see continued seasonal demand concentrated in the summer months, with August historically generating roughly double the revenue of January. ADR may inch up 1–3% as the market matures, though occupancy—currently averaging 30%—will likely remain in the mid-to-upper 20s range unless overall supply growth slows. Investors should plan for meaningful revenue dips from January through April and budget accordingly, while larger properties (4–5 bedrooms) are well positioned to capture group and family travel that drives the peak season."
— 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 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Local regulations, permit requirements, and tax obligations may change; investors should verify current rules with local and state authorities before purchasing. Individual property results will vary based on location, condition, amenities, pricing strategy, and management quality.
Ready to invest in Berkeley Springs's short-term rental market? Take action with these resources:
Explore active Airbnbs and STR-ready homes in Charlotte with verified income data.
View PropertiesWork with specialized agents who've helped investors acquire over $650M in STR properties.
Find an AgentQualify for as low as 15% down on a DSCR loan using the rental property's projected income.
Find a Lender