Elkton, VA Airbnb Market Data, Statistics, and Occupancy Rates

Elkton Short-Term Rental Market Overview

Elkton, VA sits at the doorstep of Shenandoah National Park, giving it a natural draw for outdoor recreation and seasonal tourism that translates into short-term rental demand. With an average annual revenue of $43,433 across just 53 active listings and an above-average revenue-to-price ratio, the market offers investors a relatively affordable entry point compared to many Virginia destinations. An ROI score of 71 out of 100 places Elkton in the "Attractive Opportunity" tier, supported by healthy yield metrics despite modest occupancy rates.

Key Market Statistics

According to Rabbu market data, the Elkton 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 Elkton

Elkton appeals to STR investors because of its favorable revenue-to-property-value ratio and proximity to one of the East Coast's most visited national parks.

Expert Market Assessment

"Elkton represents a moderate-to-strong opportunity for STR investors who are drawn to nature-tourism markets with manageable entry costs. Revenue peaks in the summer months — August leads at $4,986 per month — while the fall foliage season keeps October and November above the annual average. The winter and early spring months dip into the low $3,000s but never crater, which keeps cash flow relatively steady year-round. With supply still limited at 53 listings and an ROI score of 71, the market rewards investors who can differentiate with amenities like hot tubs, outdoor spaces, and pet-friendly policies."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Elkton

Average revenue by month in Elkton

Elkton's revenue peaks sharply in August at $4,986 and holds strong through the summer, with a notable secondary surge in October ($4,065) and December ($4,109) driven by fall tourism and holiday travel. The slowest month is March at $2,942, creating roughly a $2,000 spread between peak and off-peak — a manageable level of seasonality for investors who price dynamically.

Active Airbnb listings by property size in Elkton

One-bedroom units dominate supply with 17 of the 53 active listings, followed by 3-bedrooms (13) and 4-bedrooms (10), while 2-bedroom properties are the scarcest at just 6 listings. The low 2-bedroom supply is notable given that size's superior occupancy and RevPAN metrics, suggesting a potential gap investors could exploit.

Average daily rate (ADR) by property size in Elkton

ADR climbs meaningfully with property size, from $146 for 1-bedrooms up to $346 for 4-bedroom homes, though 2-bedroom and 3-bedroom units sit close together at $244 and $239 respectively. The 4-bedroom premium of roughly $100 per night over mid-size units looks attractive for investors who can secure larger properties at reasonable acquisition costs.

Average RevPAN by property size in Elkton

Two-bedroom properties deliver the strongest RevPAN at $113, outperforming even 4-bedrooms ($106) thanks to their significantly higher occupancy rate of 46%. One-bedroom units trail far behind at just $37 RevPAN, indicating that smaller properties in this market struggle to generate consistent per-night revenue after accounting for vacancy.

Average occupancy rates by property size in Elkton

Occupancy varies dramatically by size — 2-bedroom listings lead at 46%, nearly double the 1-bedroom rate of 26%, while 3-bedroom (28%) and 4-bedroom (31%) units fall in between. For cash-flow-focused investors, the 2-bedroom segment offers the most predictable booking frequency, while larger units compensate with higher nightly rates.

Average monthly revenue by property size in Elkton

Four-bedroom properties top monthly revenue at $4,803, followed closely by 2-bedrooms at $4,380, while 1-bedroom units bring in just $1,682 per month. The fact that 2-bedroom listings nearly match 4-bedroom revenue with fewer rooms and likely lower operating costs makes them a particularly efficient configuration in this market.

Average annual revenue by property size in Elkton

Annual revenue ranges from $20,189 for 1-bedroom units to $57,636 for 4-bedroom homes, with 2-bedrooms earning a strong $52,568 despite commanding significantly lower nightly rates. Investors looking for the best return potential relative to acquisition and maintenance costs should closely evaluate both 2-bedroom and 4-bedroom configurations.

Most common amenities for Airbnb listings in Elkton

Parking (100%) and kitchen access (98%) are universal expectations in Elkton, while outdoor amenities — including outdoor furniture (79%), BBQ grills (77%), and backyards (77%) — signal that guests prioritize the nature retreat experience. Hot tubs appear in 57% of listings and pet-friendliness in 64%, both of which represent strong differentiators that can boost booking rates in this outdoors-focused market.

Understanding Elkton's ROI Score: 71/100

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

Elkton's ROI score of 71 out of 100 places it in the "Attractive Opportunity" band, driven primarily by an above-average revenue-to-price ratio that indicates strong income potential relative to the area's $472,953 average home value. Occupancy stability, market growth, and supply/demand balance all rate as average, meaning the market is healthy but not overheating — a profile that favors investors who can optimize pricing and amenities. Pairing these metrics with thorough research into local regulations and property-specific due diligence will give investors the clearest picture of actual returns.

Short-Term Rental Regulations in Elkton

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

Permit Requirements

Short-term rental operators in Elkton, Virginia may need to obtain a local business license or STR permit before listing a property. Investors should verify current requirements directly with Rockingham County and the Town of Elkton, as Virginia localities have varying rules on registration and permitting.

Key Restrictions

Common restrictions that may apply include occupancy limits, minimum-stay requirements, noise ordinances, and parking mandates. HOA covenants can also limit or prohibit short-term rentals in certain communities, so reviewing deed restrictions before purchasing is essential.

Tax Obligations

Virginia imposes state and local transient occupancy taxes on short-term rentals, and Rockingham County may levy additional lodging taxes. Many booking platforms collect and remit these taxes automatically, but hosts should confirm compliance with both state and local tax authorities.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Elkton's STR market is expected to see continued seasonal demand driven by summer and fall travel to the Shenandoah Valley, with peak monthly revenues likely holding in the $4,400–$5,000 range during July and August. Listing supply grew 117% year-over-year, so investors should watch whether occupancy — currently at 30% — stabilizes or softens as new inventory absorbs. ADR may see modest growth of 1–3% as hosts refine pricing strategies, and 2-bedroom and 4-bedroom units appear best positioned to capture above-average returns based on current RevPAN trends."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Elkton, VA

What is the average Airbnb occupancy rate in Elkton?

The average occupancy rate for Airbnb listings in Elkton is currently 30%, which falls slightly below the Virginia state average of 34%. Occupancy varies significantly by property size — 2-bedroom units lead at 46%, while 1-bedroom listings average just 26%. Investors who optimize pricing and amenities for their property type can often outperform these market averages.

How much do Airbnb hosts make in Elkton?

Airbnb hosts in Elkton earn an average of $3,619 per month, which translates to approximately $43,433 per year based on trailing 12-month performance. Revenue varies widely by property size: 4-bedroom homes top the market at $4,803/month ($57,636 annually), while 1-bedroom units average $1,682/month ($20,189 annually). Seasonality also plays a role, with August being the highest-earning month at nearly $5,000.

Is Elkton a good market for Airbnb investment?

Elkton scores a 71 out of 100 on Rabbu's ROI Score, placing it in the "Attractive Opportunity" category. The market benefits from an above-average revenue-to-price ratio, meaning the income potential is strong relative to typical property costs of around $472,953. While occupancy and growth trends rate as average, the favorable yield metrics and proximity to Shenandoah National Park make Elkton a compelling option for investors seeking nature-tourism markets.

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

The average daily rate in Elkton is $268, which is below the Virginia state average of $339. ADR scales with property size — 1-bedroom listings average $146 per night, 2-bedrooms come in at $244, 3-bedrooms at $239, and 4-bedroom properties command the highest rates at $346 per night. The lower-than-state-average ADR reflects Elkton's position as a more affordable mountain destination.

Are short-term rentals legal in Elkton?

Short-term rentals are generally permitted in the Elkton, Virginia area, though operators may need to obtain local permits or business licenses. Regulations can vary between the Town of Elkton and Rockingham County, so investors should verify current rules with local authorities before purchasing. State and local transient occupancy taxes also apply, and HOA restrictions may limit STR activity in some neighborhoods.

When is peak season for Airbnb in Elkton?

Peak season in Elkton runs from June through August, with August generating the highest average monthly revenue at $4,986. A strong secondary peak occurs in October ($4,065) and December ($4,109), likely driven by fall foliage tourism and holiday travel. The slowest months are January through March, when monthly revenue dips to the $2,900–$3,050 range.

How many Airbnbs are there in Elkton?

As of April 2026, there are 53 active Airbnb listings in Elkton. The supply is distributed across 17 one-bedroom listings, 6 two-bedroom listings, 13 three-bedroom listings, and 10 four-bedroom listings. Notably, listing supply grew 117% year-over-year, so the market is expanding and investors should monitor how added inventory affects occupancy and pricing.

How is Airbnb revenue calculated in Elkton?

The annual and monthly revenue figures for Elkton are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market — they are not forward-looking projections. 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 for the Elkton, VA market
• Average daily rate, occupancy, and RevPAN trends across property sizes
• Monthly and annual revenue metrics based on trailing 12-month booking performance
• Popular amenity prevalence data across active listings
• Home value benchmarks sourced 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 Mar, 17 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month averages and current snapshots; market conditions can change due to regulatory shifts, economic factors, or seasonal variation. Individual property results will vary based on location, quality, amenities, pricing strategy, and management approach.