Grenada, MS Airbnb Market Data, Statistics, and Occupancy Rates

Grenada Short-Term Rental Market Overview

Grenada, MS is a small but intriguing short-term rental market where just 19 active Airbnb listings serve visitors drawn to the area's lake recreation and regional events. With an average daily rate of $169—well below the $318 Mississippi state average—and an occupancy rate of 41% that comfortably exceeds the state's 29% average, the market signals healthy demand relative to its modest pricing. Average annual revenue sits at $16,412, and with average home values around $262,747, the revenue-to-price ratio grades above average, making this a market worth a closer look for investors seeking affordable entry points.

Key Market Statistics

According to Rabbu market data, the Grenada 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 Grenada

Investors consider Grenada for its affordable home prices, above-average revenue-to-price ratio, and occupancy rates that meaningfully outperform the state average.

Expert Market Assessment

"Grenada represents a competitive but accessible opportunity for STR investors willing to do their homework on property selection. The market's pronounced seasonality—with October ($2,464) and March ($2,300) delivering the strongest months and January ($270) marking a deep off-season—means cash flow planning is essential. Three-bedroom properties stand out as the clear revenue leaders at $30,461 annually, more than doubling what smaller units earn, which gives investors a concrete target for acquisition. With above-average marks on revenue-to-price ratio, market growth, and supply/demand balance, Grenada rewards investors who can ride seasonal swings and position their property to capture peak-period demand."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Grenada

Average revenue by month in Grenada

Grenada's revenue profile is highly seasonal, peaking in October at $2,464 and March at $2,300, then dropping sharply to just $270 in January. The roughly 9x spread between the best and worst months underscores the importance of pricing strategy and reserve planning for investors in this market.

Active Airbnb listings by property size in Grenada

Supply is evenly distributed, with 7 one-bedroom listings, 7 two-bedrooms, and 5 three-bedrooms making up all 19 active properties. The slight underrepresentation of 3-bedroom units—combined with their substantially higher revenue—may signal an acquisition opportunity for investors targeting that size category.

Average daily rate (ADR) by property size in Grenada

Three-bedroom properties command the highest ADR at $210, a meaningful 40% premium over 2-bedrooms ($150) and 31% above 1-bedrooms ($160). The relatively narrow gap between 1- and 2-bedroom rates suggests that stepping up to a 3-bedroom is where the real pricing power lies in Grenada.

Average RevPAN by property size in Grenada

One-bedroom listings deliver the highest RevPAN at $94, closely followed by 3-bedrooms at $88, while 2-bedrooms lag significantly at just $32. The strong 1-bedroom RevPAN is driven by that segment's 59% occupancy rate, but investors seeking total revenue should note that 3-bedrooms still generate far more absolute income.

Average occupancy rates by property size in Grenada

One-bedroom units lead occupancy at 59%, making them the most consistently booked property type, while 3-bedrooms maintain a respectable 42%. Two-bedroom listings trail considerably at just 22% occupancy, suggesting either oversupply in that segment or a mismatch between pricing and guest demand.

Average monthly revenue by property size in Grenada

Three-bedroom properties are the clear monthly revenue leaders at $2,538, outearning 1-bedrooms ($1,188) and 2-bedrooms ($1,143) by more than 2x. The minimal revenue difference between 1- and 2-bedroom units, despite similar listing counts, highlights how much more efficiently smaller and larger units monetize compared to mid-size options.

Average annual revenue by property size in Grenada

At $30,461 per year, 3-bedroom listings in Grenada generate more than double the annual revenue of 1-bedrooms ($14,263) and 2-bedrooms ($13,717). For investors focused on maximizing return potential, the 3-bedroom configuration stands out as the strongest performer by a wide margin.

Most common amenities for Airbnb listings in Grenada

Parking (95%) and kitchen access (90%) are near-universal, reflecting guest expectations in a car-dependent, leisure-oriented market. Backyard space and pet-friendliness (both 68%) rank notably high, while lake access at 26% signals a differentiating amenity that could give waterfront or lakeside properties a competitive edge.

Understanding Grenada's ROI Score: 53/100

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

Grenada's ROI Score of 53 out of 100 places it in the 'Competitive Opportunity' band, meaning the fundamentals are promising but investors need to be strategic about deal selection. The above-average revenue-to-price ratio, market growth trend, and supply/demand balance all work in the market's favor, though below-average occupancy stability reflects the significant seasonal swings that can affect cash flow. Pairing this data with thorough local regulatory research and a focus on high-performing property types—particularly 3-bedrooms—can help investors capitalize on what Grenada has to offer.

Short-Term Rental Regulations in Grenada

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

Permit Requirements

Short-term rental operators in Grenada, Mississippi may be required to obtain local business permits or register their property with city authorities. Investors should verify current permit and licensing requirements directly with the City of Grenada and Grenada County before listing a property.

Key Restrictions

Common restrictions that may apply include occupancy limits, noise ordinances, parking requirements, and minimum stay rules. HOA or deed restrictions could also limit STR activity in certain neighborhoods, so reviewing any applicable covenants is an important early step in due diligence.

Tax Obligations

Short-term rental hosts in Mississippi are typically subject to state sales tax and local tourism or occupancy taxes. Platforms like Airbnb often collect and remit some of these taxes automatically, but hosts should confirm their full obligations with the Mississippi Department of Revenue and local tax offices.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Grenada's STR market is likely to see continued supply growth—active listings surged 72% year-over-year—which could moderate occupancy if demand doesn't keep pace. Seasonal patterns suggest revenue will concentrate in spring and fall peaks, with monthly earnings potentially ranging from around $270 in the slowest months to over $2,400 during October highs. ADR may hold steady or tick up 1–3% as new listings professionalize the supply, but investors should plan for occupancy settling in the 38–44% range as competition increases. The above-average supply/demand balance and market growth trend scores suggest the market still has room to absorb new entrants, though selectivity in property type and location will matter more as supply builds."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Grenada, MS

What is the average Airbnb occupancy rate in Grenada?

The average Airbnb occupancy rate in Grenada is currently 41%, which significantly exceeds the Mississippi state average of 29%. Occupancy varies by property size, with 1-bedroom listings leading at 59%, followed by 3-bedrooms at 42%, and 2-bedrooms at 22%. These figures reflect trailing 12-month performance data and individual results may vary depending on pricing, property quality, and guest experience.

How much do Airbnb hosts make in Grenada?

On average, Airbnb hosts in Grenada earn approximately $1,367 per month or $16,412 per year based on historical booking data from the trailing 12 months. Revenue varies significantly by property size: 3-bedroom properties lead with an average of $2,538 per month ($30,461 annually), while 1-bedroom and 2-bedroom listings average $1,188 and $1,143 per month respectively. Peak months like October and March can push monthly earnings above $2,300, while the slowest months may drop below $300.

Is Grenada a good market for Airbnb investment?

Grenada scores a 53 out of 100 on Rabbu's ROI Score, placing it in the 'Competitive Opportunity' category. The market benefits from an above-average revenue-to-price ratio thanks to relatively affordable home values ($262,747 average) and occupancy that outperforms the state average. However, occupancy stability scores below average, reflecting seasonal variability that investors should account for. With strong year-over-year listing growth of 72%, the market is attracting investor attention, so careful deal sourcing and property selection are key.

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

The average daily rate for Airbnb listings in Grenada is $169, which is substantially lower than the $318 Mississippi state average. ADR varies by property size: 3-bedroom listings command the highest rate at $210, while 1-bedrooms average $160 and 2-bedrooms come in at $150. The lower ADR relative to the state reflects Grenada's positioning as an affordable leisure destination rather than a premium urban market.

Are short-term rentals legal in Grenada?

Short-term rentals are generally permitted in Grenada, MS, though operators may need to comply with local business licensing, zoning regulations, and applicable tax obligations. Specific rules can vary, and investors should verify current requirements with the City of Grenada and Grenada County planning offices before purchasing or listing a property. Mississippi state tax obligations also apply to STR income.

When is peak season for Airbnb in Grenada?

Peak season in Grenada centers on fall and early spring. October is the highest-earning month with average revenue of $2,464, followed closely by March at $2,300. A secondary peak occurs in September ($1,923) and February ($1,560). The slowest period is January, when average revenue drops to just $270, followed by December at $876 and July at $900. This pattern likely reflects lake recreation activity and seasonal events in the region.

How many Airbnbs are there in Grenada?

As of April 2026, there are 19 active Airbnb listings in Grenada. The supply breaks down evenly across property sizes: 7 one-bedroom listings, 7 two-bedroom listings, and 5 three-bedroom listings. Notably, the market has experienced 72% year-over-year growth in active listings, indicating increasing investor and host interest in the area.

How is Airbnb revenue calculated in Grenada?

The annual and monthly revenue figures for Grenada 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 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 Grenada, MS market
• Average daily rate, occupancy, and RevPAN trends by property size
• Monthly and annual revenue metrics based on trailing 12-month historical booking data
• Home value benchmarks sourced from the Zillow Home Value Index (ZHVI)
• Popular amenity data showing the prevalence of key features across active listings

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 historical averages and market conditions may have shifted since the most recent update. Local regulations, HOA rules, and tax obligations vary and should be independently verified before making investment decisions.