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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Fremont offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Fremont, Indiana sits in the heart of Steuben County's lake country, where summer tourism drives outsized short-term rental revenue relative to a small inventory of just 15 active listings. With an average daily rate of $353—well above the $290 Indiana state average—and annual revenue averaging $59,771 per listing, the market offers compelling earning potential against its modest supply. An ROI score of 68 out of 100 reflects a healthy balance of demand, revenue-to-price dynamics, and above-average market growth, making Fremont worth a closer look for investors drawn to seasonal lakefront destinations.
According to Rabbu market data, the Fremont short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 15 |
| Average Daily Rate (ADR) | vs. $290 state avg. | $353 |
| Average Occupancy Rate | vs. 32% state avg. | 31% |
| RevPAN | ADR * Occupancy Rate | $108 |
| Average Monthly Revenue | Historical 12-month average | $4,980 |
| Average Annual Revenue | Historical 12-month average | $59,771 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
Investors are drawn to Fremont for its premium lakefront ADR, limited competition from only 15 active listings, and strong seasonal revenue that delivers nearly $60K annually despite a compact booking window.
Key investment factors
"Fremont presents an attractive but distinctly seasonal opportunity. The summer months—especially July at $11,613 average revenue—deliver exceptional returns, while winter months dip below $2,000, creating a wide seasonal spread that investors need to plan around. With above-average growth trends and a favorable supply/demand balance reflected in the 68/100 ROI score, the market rewards hosts who can maximize peak-season bookings and maintain competitive pricing during shoulder months. Properties offering lake access and outdoor amenities are especially well-positioned to capture the area's vacation-driven demand."
— Rabbu Market Analysis Team
Fremont's revenue profile is sharply seasonal: July leads at $11,613 and August follows at $9,147, while January bottoms out at just $1,603—a more than 7x spread between peak and trough. Investors should expect roughly half of annual income to arrive between June and August, with shoulder months like May ($5,420) and September ($4,834) providing a meaningful but more modest contribution.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$1,603 |
| February |
|
$1,895 |
| March |
|
$2,437 |
| April |
|
$3,619 |
| May |
|
$5,420 |
| June |
|
$8,539 |
| July |
|
$11,613 |
| August |
|
$9,147 |
| September |
|
$4,834 |
| October |
|
$3,330 |
| November |
|
$3,625 |
| December |
|
$3,704 |
All reported active listings in Fremont are 4-bedroom properties, with 6 listings in that category. This concentration suggests that the market is dominated by larger vacation homes geared toward families and groups, and investors considering smaller configurations may find an underserved niche—though demand validation would be essential.
| Size | Trend | Value |
|---|---|---|
| 4 bedrooms |
|
6 |
Four-bedroom properties in Fremont command an average daily rate of $467, well above the market-wide ADR of $353. This premium reflects the value guests place on spacious lakefront accommodations suited for group stays and family vacations.
| Size | Trend | Value |
|---|---|---|
| 4 bedrooms |
|
$467 |
Four-bedroom listings generate a RevPAN of $117, which accounts for occupancy alongside the elevated ADR. While the nightly rate is strong, the moderate 25% occupancy tempers per-night yield, underscoring the importance of maximizing bookings during the peak summer window.
| Size | Trend | Value |
|---|---|---|
| 4 bedrooms |
|
$117 |
Four-bedroom properties average 25% occupancy, slightly below the market-wide 31% average. This lower figure reflects the seasonal booking pattern typical of larger vacation homes, where summer demand is intense but off-season stays are relatively sparse.
| Size | Trend | Value |
|---|---|---|
| 4 bedrooms |
|
25% |
Four-bedroom listings bring in an average of $5,451 per month, outpacing the overall market average of $4,980. Larger properties capture higher nightly rates that more than compensate for their somewhat lower occupancy, making them the revenue leaders in this market.
| Size | Trend | Value |
|---|---|---|
| 4 bedrooms |
|
$5,451 |
At $65,417 in average annual revenue, 4-bedroom properties outperform the market-wide average of $59,771 by roughly $5,600. For investors evaluating return potential against Fremont's $665,539 average home value, this configuration offers the strongest documented revenue baseline in the market.
| Size | Trend | Value |
|---|---|---|
| 4 bedrooms |
|
$65,417 |
Kitchens and parking are universal at 100% of listings, while washer/dryer (93%), backyard (80%), and patio/balcony (80%) round out the standard package. Notably, 67% of listings offer lake access and 47% are waterfront—amenities that likely drive the premium ADR and signal that proximity to water is a key differentiator for guest booking decisions in Fremont.
| Amenity | Trend | Value |
|---|---|---|
| Kitchen |
|
100% |
| Parking |
|
100% |
| Dryer |
|
93% |
| Washer |
|
93% |
| Backyard |
|
80% |
| Patio or Balcony |
|
80% |
| Outdoor Furniture |
|
73% |
| Self Check-in |
|
73% |
| BBQ Grill |
|
67% |
| Lake Access |
|
67% |
| Workspace |
|
60% |
| Waterfront |
|
47% |
| Beach Access |
|
20% |
| Beachfront |
|
13% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Fremont Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Average | 40% |
| Occupancy Stability | Average | 30% |
| Market Growth Trend | Above average | 15% |
| Supply/Demand Balance | Above average | 15% |
Fremont's ROI score of 68 out of 100 places it in the 'Attractive Opportunity' band, driven by average revenue-to-price and occupancy stability ratings alongside above-average marks for market growth and supply/demand balance. The combination of strong summer earning potential, limited listing inventory, and healthy demand growth suggests the market has room for well-positioned new entrants. Investors should pair this score with local regulatory research and a realistic seasonal cash-flow model to fully assess whether Fremont aligns with their investment goals.
Understanding local STR regulations is essential before investing in Fremont. Here's the current regulatory landscape:
Short-term rental operators in Fremont, Indiana should verify whether a local permit, registration, or zoning approval is required before listing a property. Steuben County and the Town of Fremont may have specific requirements, so contacting the local planning or zoning office is the recommended first step.
Common STR restrictions in Indiana communities can include occupancy limits, minimum stay requirements, noise ordinances, parking mandates, and HOA covenants that may restrict rental activity. Investors should also check whether any permit caps or density limits apply in lakefront zones, as these areas sometimes carry additional land-use rules.
Indiana imposes a state sales tax and county innkeeper's tax on short-term rentals, and platforms like Airbnb often collect and remit these on behalf of hosts. Investors should confirm their total tax obligation with Steuben County, as local rates can vary and additional tourism-related assessments may apply.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Fremont can provide current regulatory guidance.
Financing an Airbnb investment in Fremont requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Fremont's lake-driven demand should continue to reward hosts who optimize for the June–August peak, when monthly revenues can exceed $8,500–$11,600. Above-average market growth trends and favorable supply/demand balance suggest the area could support moderate ADR increases in the range of 3–5%, particularly for well-appointed waterfront properties. Occupancy will likely remain concentrated in the warmer months, so investors should budget for softer winter performance averaging around $1,600–$2,400 per month. Overall demand estimates point to stable or improving conditions, though individual results will depend on property positioning and pricing strategy."
— 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 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 or regulatory changes. Individual property results will vary based on location, condition, amenities, pricing strategy, and management quality.
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