Covington, LA Airbnb Market Data, Statistics, and Occupancy Rates

Covington Short-Term Rental Market Overview

Covington, LA is a compact short-term rental market with just 41 active Airbnb listings and an average annual revenue of $24,755 per property. With an ROI score of 60 out of 100 and above-average market growth trends, the market shows emerging potential even as occupancy (27%) trails the Louisiana state average of 34%. The 80% year-over-year growth in active listings signals rising investor interest in this St. Tammany Parish community, making it worth watching for those seeking early positioning in a developing market.

Key Market Statistics

According to Rabbu market data, the Covington 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 Covington

Investors are drawn to Covington for its above-average market growth trajectory, manageable competition in a small listing pool, and proximity to the greater New Orleans metro area.

Expert Market Assessment

"Covington presents a moderate opportunity for STR investors willing to navigate a market still finding its footing. Revenue is concentrated in spring — March alone generates $3,351 on average, nearly triple the January low of $1,225 — which means cash flow planning around seasonality is essential. The supply-demand balance and occupancy stability both sit at average levels, but the above-average growth trend suggests the market is heading in a positive direction. Investors who enter with realistic expectations and target the two-bedroom segment should find the most consistent returns."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Covington

Average revenue by month in Covington

March stands out as the clear revenue peak at $3,351, nearly three times the January low of $1,225, indicating strong spring-driven seasonality in Covington. Summer and fall months cluster in the $1,800–$2,330 range, providing a moderate baseline, while winter months require careful cash-flow planning.

Active Airbnb listings by property size in Covington

Two-bedroom listings dominate Covington's supply with 17 of 41 active properties (41%), followed by one-bedrooms at 12 and three-bedrooms at just 6. The relatively thin supply of three-bedroom homes could represent an opportunity for investors willing to target families or larger groups.

Average daily rate (ADR) by property size in Covington

ADR nearly triples from $104 for one-bedroom units to $299 for three-bedrooms, showing a steep premium for larger properties. The jump from one to two bedrooms ($104 to $178) is proportionally strong and may represent the best trade-off between acquisition cost and nightly rate.

Average RevPAN by property size in Covington

Two-bedroom properties deliver the highest RevPAN at $51, outperforming both one-bedrooms ($27) and three-bedrooms ($39). The three-bedroom segment's lower RevPAN despite its higher ADR reflects significantly weaker occupancy, making two-bedrooms the most efficient revenue generators on a per-available-night basis.

Average occupancy rates by property size in Covington

Two-bedroom listings lead occupancy at 29%, with one-bedrooms close behind at 26%, while three-bedroom properties lag substantially at just 13%. This occupancy gap for larger homes suggests that while they command premium nightly rates, consistent bookings remain a challenge in this market.

Average monthly revenue by property size in Covington

Three-bedroom properties top monthly revenue at $2,752, followed by two-bedrooms at $2,245, with one-bedrooms trailing at $1,059. However, the relatively modest gap between two- and three-bedroom monthly earnings — combined with the two-bedroom segment's stronger occupancy — makes the mid-size category particularly appealing for steady income.

Average annual revenue by property size in Covington

Three-bedroom listings generate the highest annual revenue at $33,029, more than double the $12,716 earned by one-bedroom properties. Two-bedrooms land at $26,950 annually and likely offer the strongest return potential when factoring in lower acquisition costs and more consistent occupancy rates.

Most common amenities for Airbnb listings in Covington

Parking (98%), kitchens (95%), and self check-in (93%) are near-universal in Covington, establishing them as baseline guest expectations rather than differentiators. Outdoor amenities like backyards (71%), patios (68%), and BBQ grills (51%) are common as well, suggesting that guests value private outdoor space — while pools (10%) and waterfront access (12%) remain rare enough to serve as meaningful competitive advantages.

Understanding Covington's ROI Score: 60/100

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

Covington's ROI score of 60 out of 100 places it in the 'Attractive Opportunity' band, reflecting a market with average revenue-to-price ratios and occupancy stability but an above-average growth trend that distinguishes it from more static markets. The supply-demand balance sits at average, meaning competition is manageable but not yet tilted heavily in hosts' favor. Investors should pair this score with thorough local regulatory research and a clear understanding of the seasonal revenue swings before committing capital.

Short-Term Rental Regulations in Covington

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

Permit Requirements

Short-term rental operators in Covington, Louisiana may be required to obtain a permit or business license before listing a property. Investors should verify current requirements directly with the City of Covington and St. Tammany Parish, as local rules can change frequently.

Key Restrictions

Common restrictions in Louisiana STR markets can include occupancy limits, minimum stay requirements, noise ordinances, and parking mandates. HOA covenants may impose additional limitations, so investors should review any applicable homeowner association rules before purchasing a property intended for short-term rental use.

Tax Obligations

Louisiana imposes state and local occupancy taxes on short-term rentals, and hosts should expect to remit both state sales tax and any applicable parish-level lodging taxes. Many booking platforms collect and remit a portion of these taxes automatically, but operators should confirm their full obligations with a tax professional.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Covington's rapid supply growth (80% YoY) suggests increasing investor confidence, though occupancy rates may face additional pressure as new listings come online. Seasonal patterns point to March as a reliable revenue peak, and investors can expect ADR to hold in the $220–$235 range given the market's relatively low competition. Revenue growth of 2–5% is plausible if demand keeps pace with supply expansion, but operators should plan conservatively around the softer winter months when revenue can dip below $1,300."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Covington, LA

What is the average Airbnb occupancy rate in Covington?

The average Airbnb occupancy rate in Covington is currently 27%, which falls below the Louisiana state average of 34%. Occupancy varies by property size, with two-bedroom listings performing best at 29%, while three-bedroom properties see significantly lower occupancy at just 13%. These figures reflect current market conditions and individual results can vary based on pricing strategy, listing quality, and guest experience.

How much do Airbnb hosts make in Covington?

Airbnb hosts in Covington earn an average of $2,063 per month, which works out to approximately $24,755 per year based on trailing 12-month booking data. Revenue varies meaningfully by property size: one-bedroom listings average $12,716 annually, two-bedrooms bring in around $26,950, and three-bedroom properties lead at $33,029 per year. March is the strongest earning month at $3,351, while January tends to be the softest at $1,225.

Is Covington a good market for Airbnb investment?

Covington earns an ROI score of 60 out of 100 from Rabbu, placing it in the 'Attractive Opportunity' tier. The market benefits from above-average growth trends and a relatively small competitive set of just 41 active listings. However, occupancy rates sit below the state average and home values of $530,736 mean the revenue-to-price ratio is average. Investors who target the two-bedroom segment and manage seasonality effectively are best positioned to generate solid returns.

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

The average daily rate across all Covington Airbnb listings is $226, which sits below the Louisiana state average of $301. ADR scales substantially with property size: one-bedroom units average $104, two-bedrooms come in at $178, and three-bedroom properties command $299 per night. These rates reflect the current pricing landscape and may shift with seasonal demand.

Are short-term rentals legal in Covington?

Short-term rentals operate in Covington, Louisiana, as evidenced by 41 active Airbnb listings in the market. However, local regulations can include permit requirements, zoning restrictions, and occupancy limits. Investors should verify current STR rules directly with the City of Covington and St. Tammany Parish before purchasing or listing a property.

When is peak season for Airbnb in Covington?

March is the clear peak month for Airbnb in Covington, with average revenue of $3,351 — significantly higher than any other month. Secondary strong months include July ($2,328), October ($2,188), and May ($2,172). January is the softest month at $1,225, so investors should plan for pronounced seasonality and budget accordingly for the winter months.

How many Airbnbs are there in Covington?

There are currently 41 active Airbnb listings in Covington as of April 2026. The market has seen substantial growth, with an 80% year-over-year increase in active listings. Two-bedroom properties make up the largest share of supply with 17 listings, followed by one-bedrooms (12) and three-bedrooms (6).

How is Airbnb revenue calculated in Covington?

The annual and monthly revenue figures for Covington 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, drop regional outliers, and roll the remainder up to a market-level historical average. This approach anchors the figures to what hosts have actually earned recently rather than forecasts, while naturally reflecting seasonal peaks and slower months because 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 Covington market
• Average daily rate, occupancy, and RevPAN trends by property size
• Monthly and annual revenue estimates based on trailing 12-month booking data
• Home value data sourced from the Zillow Home Value Index (ZHVI)
• Amenity prevalence across active listings to benchmark guest expectations

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 current snapshots as of April 2026; market conditions may have shifted since collection. Local regulations, HOA rules, and tax requirements vary and should be independently verified before making an investment decision.