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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Cave City offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Cave City, KY sits at the doorstep of Mammoth Cave National Park, making it a natural draw for leisure travelers and outdoor enthusiasts year-round. With just 19 active Airbnb listings and an average annual revenue of $21,812, this micro-market offers investors a low-competition entry point where demand tied to one of Kentucky's most visited attractions can translate into steady bookings. The average daily rate of $115 comes in well below the state average of $333, keeping nightly pricing accessible to a broad range of guests, while occupancy at 30% slightly edges out the Kentucky average of 28%.
According to Rabbu market data, the Cave City short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 19 |
| Average Daily Rate (ADR) | vs. $333 state avg. | $115 |
| Average Occupancy Rate | vs. 28% state avg. | 30% |
| RevPAN | ADR * Occupancy Rate | $34 |
| Average Monthly Revenue | Historical 12-month average | $1,817 |
| Average Annual Revenue | Historical 12-month average | $21,812 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
Cave City's proximity to Mammoth Cave National Park creates a tourism-driven demand base that, paired with low property prices and limited competition, makes it worth a closer look for budget-conscious STR investors.
Key investment factors
"Cave City earns an "Attractive Opportunity" designation with an ROI score of 64 out of 100, reflecting a balanced mix of reasonable revenue relative to property costs and growing market momentum. Seasonality is pronounced — July peaks at $3,069 in average monthly revenue while February dips to $853 — so investors should plan for meaningful cash-flow swings between summer highs and winter lows. The 86% year-over-year listing growth is a double-edged sword: it validates demand but also means the window for early-mover advantage is narrowing. Properties that lean into outdoor hospitality (backyards, grills, pet-friendliness) align well with what's already working in this nature-tourism market."
— Rabbu Market Analysis Team
Revenue in Cave City follows a sharp seasonal curve, peaking at $3,069 in July and bottoming out at $853 in February — a spread of more than 3.5x. Investors should expect strong earnings from May through August, with a secondary bump in October ($2,137), while budgeting for significantly leaner winter months.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$949 |
| February |
|
$853 |
| March |
|
$1,931 |
| April |
|
$1,668 |
| May |
|
$2,147 |
| June |
|
$2,613 |
| July |
|
$3,069 |
| August |
|
$2,217 |
| September |
|
$1,747 |
| October |
|
$2,137 |
| November |
|
$1,403 |
| December |
|
$1,073 |
The market's 19 active listings are concentrated in small configurations: 8 two-bedroom and 6 one-bedroom properties account for the visible supply. Larger properties (3+ bedrooms) appear absent or negligible, which could represent an underserved niche for investors willing to offer more space.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
6 |
| 2 bedrooms |
|
8 |
ADR scales modestly from $107 for 1-bedroom units to $111 for 2-bedroom listings, a narrow $4 premium that suggests guests in this market are price-sensitive and the incremental space doesn't command a steep surcharge. The real return advantage of larger units comes through occupancy rather than nightly rate.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$107 |
| 2 bedrooms |
|
$111 |
Two-bedroom properties generate $37 in RevPAN compared to just $22 for 1-bedroom units, a 68% premium driven largely by their higher occupancy rates. This makes 2-bedroom configurations the clear efficiency leader on a per-available-night basis in Cave City.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$22 |
| 2 bedrooms |
|
$37 |
Two-bedroom listings maintain a 34% occupancy rate versus 21% for 1-bedroom units, indicating that guests in this market strongly prefer the extra space. The 13-percentage-point gap makes 2-bedroom properties significantly more reliable for consistent cash flow.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
21% |
| 2 bedrooms |
|
34% |
Monthly revenue diverges dramatically by size: 2-bedroom listings average $2,170 per month while 1-bedroom units bring in only $714, roughly a third as much. This threefold difference makes the case for prioritizing 2-bedroom inventory in Cave City quite compelling.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$714 |
| 2 bedrooms |
|
$2,170 |
On an annual basis, 2-bedroom properties earn approximately $26,046 compared to $8,577 for 1-bedroom units. The substantially higher annual revenue of 2-bedroom listings, combined with their stronger occupancy, positions them as the better return vehicle in this market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$8,577 |
| 2 bedrooms |
|
$26,046 |
Parking (100%), self check-in (95%), and pet-friendliness (90%) are near-universal among Cave City listings, reflecting a guest base that overwhelmingly arrives by car and often brings pets along for national park trips. Outdoor amenities like backyards (74%), outdoor furniture (79%), and BBQ grills (53%) are also common, signaling that guests expect a comfortable outdoor-living experience.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
100% |
| Self Check-in |
|
95% |
| Pets |
|
90% |
| Kitchen |
|
84% |
| Outdoor Furniture |
|
79% |
| Backyard |
|
74% |
| Dryer |
|
63% |
| Washer |
|
63% |
| Patio or Balcony |
|
58% |
| BBQ Grill |
|
53% |
| Workspace |
|
32% |
| Hot Tub |
|
5% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Cave City Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Average | 40% |
| Occupancy Stability | Average | 30% |
| Market Growth Trend | Above average | 15% |
| Supply/Demand Balance | Average | 15% |
Cave City's ROI score of 64 out of 100 places it in the "Attractive Opportunity" band, reflecting average revenue-to-price ratios and occupancy stability paired with above-average market growth trends. The above-average growth factor is particularly noteworthy — it suggests rising traveler interest that could improve returns for early entrants as the market matures. Investors should pair these data points with thorough local regulatory research and on-the-ground property evaluation to build a complete investment thesis.
Understanding local STR regulations is essential before investing in Cave City. Here's the current regulatory landscape:
Short-term rental operators in Cave City, Kentucky may need to obtain local permits or register their property with the city or county. Investors should verify current requirements directly with Cave City and Barren County officials before listing.
Common STR restrictions in small Kentucky markets can include occupancy limits, noise ordinances, parking requirements, and minimum stay rules. HOA covenants may also apply to certain properties, so it's important to review any deed restrictions before purchasing.
Kentucky imposes a state transient room tax on short-term rentals, and local jurisdictions may layer on additional occupancy or tourism taxes. Platforms like Airbnb often collect and remit some of these taxes automatically, but hosts should confirm their full obligation with a tax professional.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Cave City can provide current regulatory guidance.
Financing an Airbnb investment in Cave City requires lenders who understand STR income. Rabbu partner lenders offer:
"With an 86% year-over-year increase in active listings, Cave City is clearly gaining traction among hosts — a signal that broader market awareness is rising. Over the next 12–18 months, we estimate occupancy could hold in the 28–33% range as new supply enters, though strong summer months should keep seasonal peaks robust. ADR may see modest upward pressure of 2–5% as the market matures and hosts refine their pricing strategies. Investors who enter early and differentiate on amenities or guest experience stand to benefit most before the supply side catches up to demand."
— 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 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 with municipal authorities before investing. Individual property results will vary based on location, condition, pricing strategy, and management quality.
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