Corvallis, MT Airbnb Market Data, Statistics, and Occupancy Rates

Corvallis Short-Term Rental Market Overview

Corvallis, MT is a small but growing short-term rental market nestled in Montana's Bitterroot Valley, with just 10 active Airbnb listings and a notable 75% year-over-year growth in supply. Average annual revenue comes in at $32,370 per listing, driven by strong summer seasonality that pushes monthly earnings past $4,400 in peak months. With an ADR of $185—well below Montana's $443 state average—and average home values near $990,000, investors will need to be selective about deal sourcing to make the numbers work.

Key Market Statistics

According to Rabbu market data, the Corvallis short-term rental market shows:

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.

Why Investors Consider Corvallis

Investors are drawn to Corvallis for its favorable supply/demand balance and above-average growth trajectory, though the revenue-to-price ratio demands careful underwriting.

Expert Market Assessment

"Corvallis earns a 'Competitive Opportunity' designation with an ROI score of 44 out of 100, reflecting strong demand signals tempered by a below-average revenue-to-price ratio. The market's pronounced seasonality means revenue is heavily concentrated between June and October, when monthly earnings can be three to four times higher than winter lows. The tiny inventory of 10 listings keeps competition manageable, and the above-average growth trend suggests the area is gaining traction with travelers. However, the $990,129 average home value relative to $32,370 in annual revenue means investors need to find properties priced below market averages or plan to supplement with mid-term rental strategies during the off-season."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Corvallis

Average revenue by month in Corvallis

Revenue in Corvallis follows a dramatic seasonal curve, peaking at $4,426 in July and bottoming out at $1,057 in January—a spread of more than 4x. The June-through-October window accounts for the lion's share of annual earnings, making off-season strategy critical for investors.

Active Airbnb listings by property size in Corvallis

Property size distribution data is not currently available for Corvallis, likely due to the market's small inventory of just 10 listings. Investors should evaluate individual properties on a case-by-case basis.

Average daily rate (ADR) by property size in Corvallis

ADR breakdown by property size is not available for this market given the limited listing count. The overall market ADR of $185 provides a baseline, but rates for specific bedroom configurations will depend on individual property features and positioning.

Average RevPAN by property size in Corvallis

RevPAN data by property size is not currently reported for Corvallis due to the small sample size. The market-wide RevPAN of $46 reflects the combined effect of a $185 ADR and 25% occupancy rate.

Average occupancy rates by property size in Corvallis

Occupancy breakdowns by bedroom count are unavailable in this micro-market. The overall 25% average occupancy suggests that most demand is concentrated in the summer months, with significant vacancy during the off-season.

Average monthly revenue by property size in Corvallis

Monthly revenue by property size is not reported due to the limited number of active listings. Investors should reference the overall $2,697 monthly average and seasonal patterns to model expected cash flow.

Average annual revenue by property size in Corvallis

Annual revenue segmented by property size is unavailable for Corvallis. The market-wide average of $32,370 per year serves as the best current benchmark, though larger or more premium properties could outperform this figure.

Most common amenities for Airbnb listings in Corvallis

Kitchens, parking, and self check-in each appear in 90% of Corvallis listings, establishing them as baseline guest expectations in this rural Montana market. Outdoor-oriented amenities like backyards (80%), patios (80%), and BBQ grills (60%) dominate, signaling that guests value a connection to the surrounding natural landscape—while hot tubs and lake access remain rare differentiators at just 10%.

Understanding Corvallis's ROI Score: 44/100

Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.

How the ROI Score is Calculated

What This Means for Investors

Corvallis scores 44 out of 100 on Rabbu's ROI Score, placing it in the 'Competitive Opportunity' band where demand and growth are present but deal selection is paramount. The market's below-average revenue-to-price ratio is the primary drag, as high home values relative to rental income narrow the yield window, while above-average marks in supply/demand balance and market growth trend offer upside for well-positioned investors. Pairing this data with thorough local regulatory research and a realistic off-season revenue plan will be key to making an investment here pencil out.

Short-Term Rental Regulations in Corvallis

Understanding local STR regulations is essential before investing in Corvallis. Here's the current regulatory landscape:

Permit Requirements

Short-term rental operators in Corvallis, Montana may be required to obtain permits or register their property with local authorities. Investors should verify current requirements with Ravalli County and the state of Montana before listing.

Key Restrictions

Common STR restrictions in Montana communities can include occupancy limits, parking requirements, noise ordinances, and minimum stay rules. HOA covenants may impose additional limitations, so reviewing any applicable community rules is essential before purchasing.

Tax Obligations

Montana generally requires STR hosts to collect and remit a lodging facilities use tax, and Ravalli County may impose additional local accommodation taxes. Many booking platforms handle tax collection automatically, but hosts should confirm their obligations with the Montana Department of Revenue.

Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Corvallis can provide current regulatory guidance.

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Corvallis should continue to benefit from above-average market growth trends and favorable supply/demand dynamics, as the listing count remains extremely low. Summer months (June through October) will likely remain the revenue engine, with peak monthly earnings potentially holding in the $3,400–$4,400 range. Winter occupancy will remain a challenge, and investors should plan for monthly revenue dipping below $1,500 from January through April. If listing growth continues at its current pace, competition could tighten, though limited inventory still gives early entrants an advantage."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Corvallis, MT

What is the average Airbnb occupancy rate in Corvallis?

The average occupancy rate for Airbnb listings in Corvallis is currently 25%, which is below Montana's state average of 47%. This reflects the market's strong seasonality, with summer months driving the bulk of bookings and winter months seeing significantly lower demand.

How much do Airbnb hosts make in Corvallis?

Airbnb hosts in Corvallis earn an average of $2,697 per month or $32,370 per year based on trailing 12-month performance. Revenue varies considerably by season—peak months like July can bring in over $4,400, while January may yield closer to $1,057.

Is Corvallis a good market for Airbnb investment?

Corvallis presents a competitive opportunity for STR investors. The market has above-average growth trends and a favorable supply/demand balance with only 10 active listings. However, the revenue-to-price ratio is below average given home values averaging around $990,000, so investors should focus on finding well-priced properties and building a strategy that accounts for seasonal revenue swings.

What is the average daily rate (ADR) for Airbnb in Corvallis?

The average daily rate in Corvallis is $185, which is significantly lower than Montana's statewide average of $443. This more accessible price point can appeal to a broader range of guests, though it also means hosts need strong occupancy during peak months to generate meaningful returns.

Are short-term rentals legal in Corvallis?

Short-term rentals are generally permitted in the Corvallis, Montana area, but operators may need to obtain local permits or register with county authorities. Regulations can change, so it's important to check with Ravalli County and the state of Montana for the latest requirements before investing.

When is peak season for Airbnb in Corvallis?

Peak season in Corvallis runs from June through October, with July and August being the strongest months at $4,426 and $4,392 in average revenue respectively. October also performs well at $3,862, likely driven by fall foliage and hunting season in the Bitterroot Valley. The slowest months are January through April, when revenue drops below $1,600.

How many Airbnbs are there in Corvallis?

As of April 2026, there are 10 active Airbnb listings in Corvallis. This is a very small market, though listing count has grown 75% year-over-year, suggesting increasing investor and host interest in the area.

How is Airbnb revenue calculated in Corvallis?

The annual and monthly revenue figures for Corvallis are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market—not a forward-looking projection. We average each comparable listing's actual revenue per available night (RevPAN) by month over the past year, remove regional outliers, and aggregate the results into a market-level historical average. This approach anchors the figures to what hosts have actually earned recently while naturally reflecting seasonal peaks and slower months, since each month uses its own historical performance. Individual results can vary based on property quality, pricing strategy, and operational management.

About Rabbu Market Data

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.

What this data includes

• Regularly updated active Airbnb and STR listing counts for the Corvallis, MT market
• Occupancy rates, average daily rates, and RevPAN trends over time
• Monthly and annual revenue metrics based on trailing 12-month booking performance
• Amenity prevalence data across active listings
• Home value benchmarks from the Zillow Home Value Index (ZHVI)

Sources and disclaimers

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. Local regulations, HOA rules, and tax obligations vary and should be independently verified before investing.