Dry Ridge, KY Airbnb Market Data, Statistics, and Occupancy Rates

Dry Ridge Short-Term Rental Market Overview

Dry Ridge, KY presents an attractive short-term rental opportunity with an ROI score of 64 out of 100, driven by a healthy balance of demand and revenue relative to local property values averaging $417,246. The market currently hosts 33 active Airbnb listings generating an average annual revenue of $33,979, with a notable summer peak that pushes monthly earnings above $4,000. While the average occupancy rate of 26% sits just below the Kentucky state average of 28%, the ADR of $174 comes in well under the $333 state average — suggesting a value-oriented market where operational efficiency and property selection are key to strong returns.

Key Market Statistics

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

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.

Why Investors Consider Dry Ridge

Investors are drawn to Dry Ridge for its favorable revenue-to-price dynamics and the opportunity to capture leisure-driven demand in a relatively small, growing market.

Expert Market Assessment

"Dry Ridge earns an "Attractive Opportunity" designation with its 64/100 ROI score, reflecting average marks across revenue-to-price ratio, occupancy stability, market growth, and supply/demand balance. The market exhibits pronounced seasonality — revenue swings from a winter low of roughly $839 in January to a summer high of $4,376 in July — meaning investors need to plan cash reserves for the quieter months. Larger properties, particularly 4-bedroom units, significantly outperform smaller configurations in both RevPAN ($70) and annual revenue ($63,476), suggesting that targeting family or group-sized accommodations is the clearest path to above-average returns here."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Dry Ridge

Average revenue by month in Dry Ridge

Revenue in Dry Ridge follows a sharp seasonal curve, peaking in July at $4,376 and dropping to winter lows of $839–$843 in January and February — a spread of more than 5x. Investors should expect roughly five strong months (May through October) carrying the bulk of annual income, making cash-flow planning for the off-season essential.

Active Airbnb listings by property size in Dry Ridge

Three-bedroom properties dominate Dry Ridge's supply with 11 of 33 listings, followed by 1-bedrooms (7) and 2-bedrooms (6), while 4-bedroom units are the least common at just 5. The relative scarcity of 4-bedroom properties, combined with their strong revenue performance, may signal an underserved niche worth targeting.

Average daily rate (ADR) by property size in Dry Ridge

ADR scales meaningfully with size in Dry Ridge: 4-bedroom properties command $250 per night — nearly double the rate for 1-bedroom ($132) and 2-bedroom ($126) listings. The jump from 3-bedroom ($165) to 4-bedroom represents the steepest premium, suggesting strong willingness among guests to pay more for larger accommodations.

Average RevPAN by property size in Dry Ridge

Four-bedroom listings deliver the highest RevPAN at $70, followed by 3-bedrooms and 1-bedrooms tied near $44–$45, while 2-bedroom units significantly underperform at just $16. This disparity highlights that the revenue-per-night advantage of larger properties isn't solely driven by higher nightly rates but also by more consistent booking patterns relative to 2-bedroom competitors.

Average occupancy rates by property size in Dry Ridge

One-bedroom listings lead occupancy at 33%, while 3- and 4-bedroom properties hold steady at 28% each. Two-bedroom units trail notably at just 13% occupancy, suggesting they may face pricing or positioning challenges that make them a less reliable cash-flow option in this market.

Average monthly revenue by property size in Dry Ridge

Monthly revenue climbs steadily with property size — from $1,660 for 1-bedroom units to $5,289 for 4-bedroom properties, which earn more than three times the smallest configuration. Even 3-bedroom listings at $2,871 per month outperform the market average of $2,831, reinforcing the advantage of targeting mid-to-large properties.

Average annual revenue by property size in Dry Ridge

Four-bedroom properties stand far above the rest with $63,476 in average annual revenue, nearly double the 3-bedroom figure of $34,454 and more than triple the 1-bedroom total of $19,931. For investors weighing acquisition costs against return potential, the 4-bedroom segment offers the strongest top-line revenue in Dry Ridge.

Most common amenities for Airbnb listings in Dry Ridge

Kitchens (100%), parking (97%), and self check-in (88%) are essentially table stakes for Dry Ridge listings, while backyards (85%) and laundry facilities (79%) round out core guest expectations. Differentiators like lake access (27%), hot tubs (12%), and pet-friendliness (15%) are far less common, presenting opportunities for hosts to stand out by adding these features.

Understanding Dry Ridge's ROI Score: 64/100

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

Dry Ridge's ROI score of 64 out of 100 places it in the "Attractive Opportunity" band, reflecting a market where revenue potential and property costs are reasonably aligned. All four calculation factors — Revenue-to-Price Ratio, Occupancy Stability, Market Growth Trend, and Supply/Demand Balance — rate as average, indicating a stable but not exceptional environment where thoughtful property selection can meaningfully shift individual returns. Investors should pair this score with on-the-ground regulatory research and property-level underwriting to validate the opportunity before committing capital.

Short-Term Rental Regulations in Dry Ridge

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

Permit Requirements

Short-term rental operators in Dry Ridge, Kentucky may need to obtain a local business license or STR permit before listing their property. Investors should verify current permit and registration requirements directly with Dry Ridge city officials and Grant County authorities, as regulations can change.

Key Restrictions

Common STR restrictions in Kentucky communities can include occupancy limits based on bedroom count, minimum stay requirements, noise ordinances, and parking mandates. Additionally, homeowners association (HOA) rules may impose their own restrictions on short-term rentals, so it's important to review any applicable covenants before purchasing an investment property.

Tax Obligations

Short-term rental hosts in Kentucky are generally subject to state sales tax and local transient room taxes on stays of fewer than 30 days. Platforms like Airbnb often collect and remit some of these taxes automatically, but hosts should confirm their full obligations with the Kentucky Department of Revenue and local tax authorities.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Dry Ridge is likely to see continued seasonal demand concentrated in the June–October corridor, with July historically delivering the strongest revenue at roughly $4,376 per month. Supply growth has been notable — active listings doubled year over year — so investors should watch for competition effects on occupancy and pricing. ADR may see modest increases of 2–5% if demand keeps pace with new supply, and occupancy is estimated to settle in the 25–30% range market-wide. Properties that differentiate through larger configurations or premium amenities like lake access and hot tubs stand the best chance of outperforming the average."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Dry Ridge, KY

What is the average Airbnb occupancy rate in Dry Ridge?

The average Airbnb occupancy rate in Dry Ridge is currently 26%, which is slightly below the Kentucky state average of 28%. Occupancy varies considerably by property size: 1-bedroom listings lead at 33%, while 2-bedroom properties lag at just 13%. Three- and 4-bedroom properties both average around 28%. These figures reflect market-wide averages, and individual performance depends heavily on pricing strategy, listing quality, and seasonal timing.

How much do Airbnb hosts make in Dry Ridge?

Airbnb hosts in Dry Ridge earn an average of $2,831 per month, which translates to roughly $33,979 per year based on trailing 12-month data. Revenue varies significantly by property size — 4-bedroom listings lead with an average of $5,289 per month ($63,476 annually), while 1-bedroom properties average $1,660 per month ($19,931 annually). Peak months like July can push monthly revenue above $4,300 for the market overall.

Is Dry Ridge a good market for Airbnb investment?

Dry Ridge scores a 64 out of 100 on Rabbu's ROI Score, earning an "Attractive Opportunity" rating. The market benefits from a reasonable revenue-to-price ratio with average home values around $417,246 and annual revenue near $33,979. Larger properties — especially 4-bedroom units — offer standout return potential. The market is relatively small at 33 active listings, which limits direct competition but also means individual property performance can vary widely. Investors should account for seasonal revenue swings and verify local regulations before committing.

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

The average daily rate for Airbnb listings in Dry Ridge is $174, which is significantly lower than the Kentucky state average of $333. ADR scales with property size: 1-bedroom units average $132, 2-bedrooms come in at $126, 3-bedrooms at $165, and 4-bedroom properties command $250 per night. This pricing reflects the market's value-oriented positioning compared to larger Kentucky destinations.

Are short-term rentals legal in Dry Ridge?

Short-term rentals are generally permitted in Dry Ridge, Kentucky, though operators may need to obtain local permits or business licenses. Specific regulations can vary, and investors should check with Dry Ridge city officials and Grant County for the most current requirements regarding permits, zoning, and any applicable restrictions. It's also wise to review HOA rules if purchasing in a managed community.

When is peak season for Airbnb in Dry Ridge?

Peak season in Dry Ridge runs from roughly June through October, with July being the strongest month at an average revenue of $4,376 per listing. June ($4,018), October ($3,593), May ($3,507), and August ($3,500) also perform well above the annual average. The slowest months are January ($839) and February ($843), so investors should budget for significant revenue dips during winter.

How many Airbnbs are there in Dry Ridge?

There are currently 33 active Airbnb listings in Dry Ridge as of April 2026. The supply breaks down as follows: 11 are 3-bedroom properties (the largest segment), 7 are 1-bedroom, 6 are 2-bedroom, and 5 are 4-bedroom units. Year-over-year listing growth has been 100%, indicating the market is expanding rapidly as more investors and hosts enter the space.

How is Airbnb revenue calculated in Dry Ridge?

The annual and monthly revenue figures for Dry Ridge are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market — not a forward-looking projection. Rabbu averages each comparable listing's actual revenue per available night (RevPAN) by month over the past year, removes regional outliers, and rolls the results up to 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 data. 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 by market and property size
• Average daily rate, occupancy, and RevPAN metrics with state-level comparisons
• Monthly and annual revenue trends based on trailing 12-month booking performance
• Home value estimates sourced from the Zillow Home Value Index (ZHVI)
• Amenity prevalence data across active listings to inform property setup decisions

Sources and disclaimers

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. Local regulations, permit requirements, and tax obligations are subject to change; investors should verify current rules with municipal and county authorities. Individual property results may vary significantly based on location within the market, property condition, amenities offered, and management quality.