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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Centennial offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Centennial, WY is a small mountain community with just 25 active Airbnb listings, offering investors a niche opportunity in a low-competition environment. With an average annual revenue of $37,564 and a 67% year-over-year growth in active listings, the market is gaining traction. The ADR of $258 sits well below Wyoming's $569 state average, positioning Centennial as a more accessible entry point, though the 39% occupancy rate suggests demand is concentrated in seasonal peaks rather than spread evenly year-round.
According to Rabbu market data, the Centennial short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 25 |
| Average Daily Rate (ADR) | vs. $569 state avg. | $258 |
| Average Occupancy Rate | vs. 48% state avg. | 39% |
| RevPAN | ADR * Occupancy Rate | $101 |
| Average Monthly Revenue | Historical 12-month average | $3,130 |
| Average Annual Revenue | Historical 12-month average | $37,564 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
Centennial appeals to investors seeking a mountain-tourism market with limited competition, strong summer seasonality, and above-average growth indicators relative to property costs.
Key investment factors
"With an ROI score of 66 out of 100 — categorized as an Attractive Opportunity — Centennial presents a promising but seasonal investment landscape. Revenue peaks sharply in July at $5,743 and dips to $1,929 in February, creating a roughly 3:1 spread that investors need to plan around when forecasting cash flow. The favorable supply/demand balance and above-average growth trend partially offset the below-state-average occupancy, and the small listing count means well-managed properties can carve out a competitive edge. Overall, this is a market best suited for investors comfortable with seasonal revenue patterns who can optimize pricing across summer and shoulder months."
— Rabbu Market Analysis Team
Centennial's revenue cycle is heavily summer-weighted, with July peaking at $5,743 — nearly triple the February low of $1,929. The shoulder months of June ($3,464) and September ($3,826) also outperform the annual average, while winter months hover in the $1,900–$2,800 range, pointing to a market where smart seasonal pricing is essential for maximizing returns.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$2,426 |
| February |
|
$1,929 |
| March |
|
$3,076 |
| April |
|
$1,963 |
| May |
|
$2,550 |
| June |
|
$3,464 |
| July |
|
$5,743 |
| August |
|
$4,224 |
| September |
|
$3,826 |
| October |
|
$2,916 |
| November |
|
$2,620 |
| December |
|
$2,821 |
The market's 25 listings are concentrated in two sizes: 2-bedroom units make up the largest share with 10 listings, followed by 3-bedroom properties at 5. The absence of reported 1-bedroom or 4+ bedroom inventory could signal an untapped niche for investors willing to differentiate on property size.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
10 |
| 3 bedrooms |
|
5 |
ADR increases meaningfully from $258 for 2-bedroom properties to $330 for 3-bedrooms — a 28% premium for the additional bedroom. Given that 3-bedroom units also enjoy significantly higher occupancy, the incremental investment in a larger property appears well justified by the nightly rate premium.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$258 |
| 3 bedrooms |
|
$330 |
Three-bedroom properties generate $189 in RevPAN compared to just $89 for 2-bedrooms, more than doubling revenue per available night. This stark gap — driven by both higher ADR and occupancy — makes the 3-bedroom configuration the clear efficiency leader in Centennial.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$89 |
| 3 bedrooms |
|
$189 |
Occupancy diverges sharply by size: 3-bedroom listings fill 57% of available nights versus only 35% for 2-bedrooms. For cash-flow stability, investors should note that the larger units not only earn more per night but stay booked far more consistently throughout the year.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
35% |
| 3 bedrooms |
|
57% |
Three-bedroom properties average $3,666 per month compared to $2,898 for 2-bedrooms, a $768 monthly advantage that compounds to a meaningful annual difference. Investors focused on monthly cash flow will find the 3-bedroom segment delivers roughly 26% more revenue on a monthly basis.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$2,898 |
| 3 bedrooms |
|
$3,666 |
At $43,996 annually, 3-bedroom listings outpace 2-bedroom properties ($34,781) by over $9,200 per year. Given average home values of $592,392 in Centennial, the higher-earning 3-bedroom configuration offers a more favorable revenue-to-price ratio for investors seeking to maximize return potential.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$34,781 |
| 3 bedrooms |
|
$43,996 |
Parking dominates at 96% — a near-universal expectation for a rural mountain market — followed by patio or balcony (80%) and kitchen (76%). Outdoor amenities like BBQ grills (56%) and outdoor furniture (52%) signal that guests prioritize the outdoor experience, while hot tubs at just 12% penetration could represent a differentiation opportunity for new hosts.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
96% |
| Patio or Balcony |
|
80% |
| Kitchen |
|
76% |
| Self Check-in |
|
68% |
| BBQ Grill |
|
56% |
| Outdoor Furniture |
|
52% |
| Dryer |
|
48% |
| Backyard |
|
44% |
| Washer |
|
44% |
| Workspace |
|
28% |
| Pets |
|
24% |
| Hot Tub |
|
12% |
| Waterfront |
|
4% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Centennial Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Average | 40% |
| Occupancy Stability | Average | 30% |
| Market Growth Trend | Above average | 15% |
| Supply/Demand Balance | Above average | 15% |
Centennial's ROI score of 66 out of 100 places it in the Attractive Opportunity band, reflecting average revenue-to-price and occupancy stability metrics complemented by above-average market growth and supply/demand balance. The growth trend is particularly encouraging — a 67% year-over-year increase in listings signals rising demand that the market is still absorbing without signs of oversaturation. Investors should pair this score with local regulatory research and a realistic cash-flow model that accounts for the pronounced summer seasonality evident in the data.
Understanding local STR regulations is essential before investing in Centennial. Here's the current regulatory landscape:
Short-term rental operators in Centennial, Wyoming may need to obtain a permit or register with local authorities before listing a property. Investors should verify current requirements with Albany County or the relevant municipal office, as STR regulations in rural Wyoming communities can differ from those in larger cities.
Common restrictions that may apply include occupancy limits tied to bedroom count, noise and nuisance ordinances, parking requirements for guests, and potential HOA covenants that restrict or prohibit short-term rentals. Some jurisdictions also impose minimum-stay requirements or cap the number of STR permits issued in a given area.
Hosts in Wyoming are typically subject to state and local lodging taxes, and platforms like Airbnb often collect and remit a portion of these on behalf of hosts. Investors should confirm whether additional sales or tourism taxes apply in Albany County and ensure they're meeting all filing obligations.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Centennial can provide current regulatory guidance.
Financing an Airbnb investment in Centennial requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Centennial's above-average market growth trend and favorable supply/demand balance suggest continued upward momentum for new and existing hosts. Summer months — particularly July — should remain the primary revenue driver, and investors can reasonably expect ADRs to hold steady or edge up 2–4% as the listing base matures. Occupancy may settle in the 38–42% range annually, though targeted pricing during winter ski-adjacent seasons could help smooth cash flow. These estimates hinge on the market not becoming oversaturated, though at 25 listings the runway for growth appears ample."
— 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. Data reflects trailing 12-month averages and may not capture very recent market shifts or regulatory changes. Individual property results will vary based on location within the market, property condition, pricing strategy, and management quality.
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