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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Columbus offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Columbus, IN is a compact short-term rental market with 52 active Airbnb listings and an average annual revenue of $19,399 per property. With an average daily rate of $157—well below Indiana's $290 state average—and home values around $420,032, the market offers a moderate entry point for investors seeking revenue relative to acquisition cost. Year-over-year listing growth of 106% signals rising investor interest, though the small supply base means a few new listings can produce outsized percentage swings.
According to Rabbu market data, the Columbus short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 52 |
| Average Daily Rate (ADR) | vs. $290 state avg. | $157 |
| Average Occupancy Rate | vs. 32% state avg. | 32% |
| RevPAN | ADR * Occupancy Rate | $50 |
| Average Monthly Revenue | Historical 12-month average | $1,616 |
| Average Annual Revenue | Historical 12-month average | $19,399 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.
Columbus appeals to investors looking for affordable Midwestern entry points with revenue potential supported by its architectural tourism draw and regional business activity.
Key investment factors
"Columbus earns an ROI score of 62 out of 100, placing it in the Attractive Opportunity tier—a market where healthy demand and reasonable property costs create a viable path to returns without the premium price tags found in larger metros. Seasonality is pronounced: monthly revenues climb from roughly $928 in January to peaks above $2,100 in August and October, then taper through the winter. Investors should plan cash reserves for the quieter January–March stretch while capitalizing on the strong May-through-October window that drives the bulk of annual income."
— Rabbu Market Analysis Team
Columbus shows clear seasonality, with revenues climbing from a winter low of $928 in January to a peak of $2,118 in August—a spread of roughly $1,190 between the slowest and busiest months. The May-through-October stretch consistently exceeds $1,800, making this six-month window the primary revenue driver for hosts in the market.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$928 |
| February |
|
$927 |
| March |
|
$1,268 |
| April |
|
$1,421 |
| May |
|
$1,828 |
| June |
|
$1,917 |
| July |
|
$1,979 |
| August |
|
$2,118 |
| September |
|
$2,076 |
| October |
|
$2,114 |
| November |
|
$1,577 |
| December |
|
$1,241 |
One-bedroom listings dominate Columbus's supply at 21 units (40% of all listings), followed by 12 two-bedroom and 10 three-bedroom properties. With only 6 four-bedroom listings active, larger properties remain relatively scarce, which could present an opportunity for investors willing to target that underserved segment.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
21 |
| 2 bedrooms |
|
12 |
| 3 bedrooms |
|
10 |
| 4 bedrooms |
|
6 |
ADR in Columbus scales steadily from $70 for 1-bedroom units to $222 for 4-bedroom properties, with a notable jump between 2 bedrooms ($100) and 3 bedrooms ($178). The 3-bedroom tier offers the steepest price premium relative to the step up in size, suggesting strong guest willingness to pay for additional space.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$70 |
| 2 bedrooms |
|
$100 |
| 3 bedrooms |
|
$178 |
| 4 bedrooms |
|
$222 |
Three-bedroom properties lead RevPAN at $58 per available night, outperforming both smaller units and the larger 4-bedroom category ($51). One-bedroom listings trail significantly at $23, indicating that smaller units struggle to convert their occupancy into meaningful nightly revenue.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$23 |
| 2 bedrooms |
|
$37 |
| 3 bedrooms |
|
$58 |
| 4 bedrooms |
|
$51 |
Two-bedroom listings achieve the highest occupancy at 37%, while 1- and 3-bedroom units both sit at 33% and 4-bedroom properties lag at 23%. The relatively narrow spread among 1- to 3-bedroom sizes suggests stable demand across most configurations, but larger homes may face booking gaps that affect cash-flow consistency.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
33% |
| 2 bedrooms |
|
37% |
| 3 bedrooms |
|
33% |
| 4 bedrooms |
|
23% |
Three-bedroom properties are the clear monthly revenue leaders at $2,971, nearly double the 2-bedroom average of $1,526 and more than four times the 1-bedroom figure of $648. Interestingly, 4-bedroom units average $2,124 per month—lower than 3-bedrooms—driven by their significantly lower occupancy rate.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$648 |
| 2 bedrooms |
|
$1,526 |
| 3 bedrooms |
|
$2,971 |
| 4 bedrooms |
|
$2,124 |
At $35,658 per year, 3-bedroom properties generate the strongest annual revenue in Columbus—83% above the overall market average of $19,399. Two-bedroom listings earn $18,322 annually, closely matching the market mean, while 1-bedroom units at $7,778 may be better suited as supplemental income rather than primary investment vehicles.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$7,778 |
| 2 bedrooms |
|
$18,322 |
| 3 bedrooms |
|
$35,658 |
| 4 bedrooms |
|
$25,497 |
Parking (98%) and a full kitchen (96%) are near-universal among Columbus listings, reflecting guest expectations in a car-dependent Midwestern market. Washer/dryer availability (83–85%) and backyard access (77%) also appear in the majority of listings, signaling that guests prioritize home-like conveniences—investors without these basics risk falling behind the competition.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
98% |
| Kitchen |
|
96% |
| Washer |
|
85% |
| Dryer |
|
83% |
| Backyard |
|
77% |
| Self Check-in |
|
73% |
| Patio or Balcony |
|
65% |
| Workspace |
|
60% |
| Outdoor Furniture |
|
52% |
| BBQ Grill |
|
42% |
| Pets |
|
23% |
| Hot Tub |
|
10% |
| Lake Access |
|
4% |
| Gym |
|
4% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Columbus Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Average | 40% |
| Occupancy Stability | Average | 30% |
| Market Growth Trend | Average | 15% |
| Supply/Demand Balance | Average | 15% |
Columbus's ROI score of 62 out of 100 places it in the Attractive Opportunity band, reflecting average marks across all four calculation factors: Revenue-to-Price Ratio, Occupancy Stability, Market Growth Trend, and Supply/Demand Balance. No single factor drags the score down dramatically, but none stands out as exceptional either—suggesting a balanced market without extreme upside or downside risk. Pairing this score with on-the-ground regulatory research and property-level underwriting will give investors the clearest picture of whether Columbus fits their portfolio goals.
Understanding local STR regulations is essential before investing in Columbus. Here's the current regulatory landscape:
Columbus, Indiana may require short-term rental operators to obtain a permit or business registration before listing a property. Investors should verify current requirements with the City of Columbus and Bartholomew County authorities before purchasing or operating an STR.
Common restrictions in Indiana municipalities can include occupancy limits per bedroom, minimum-stay requirements, noise ordinances, parking mandates, and HOA covenants that may limit or prohibit short-term rentals. Some local governments also cap the total number of STR permits issued, so checking availability early in the due-diligence process is advisable.
Short-term rental operators in Indiana are generally subject to state sales tax and county innkeeper's tax on lodging receipts. Many booking platforms collect and remit these taxes automatically, but hosts should confirm compliance with the Indiana Department of Revenue and local tax authorities.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Columbus can provide current regulatory guidance.
Financing an Airbnb investment in Columbus requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Columbus is likely to see continued seasonal strength from late spring through fall, with August through October historically generating the highest monthly revenues. ADR could edge up 2–4% as new hosts test premium pricing on larger properties, while occupancy is expected to hover in the 30–35% range market-wide. Investors who focus on 3-bedroom configurations—where RevPAN and annual revenue are strongest—should be best positioned to capture above-average returns, though the rapid supply growth warrants monitoring to ensure demand keeps pace."
— 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. Data reflects trailing performance and market conditions as of the dates noted; actual results may differ due to changing regulations, economic conditions, or property-specific factors. Local short-term rental regulations may change; investors should verify current rules with municipal authorities before purchasing or operating a property.
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