Grove, OK Airbnb Market Data, Statistics, and Occupancy Rates

Grove Short-Term Rental Market Overview

Grove, OK sits in the heart of Grand Lake country, drawing seasonal visitors who fuel a compact but growing short-term rental market. With just 77 active listings and an 88% year-over-year growth in supply, the market is still taking shape. Average annual revenue comes in at $24,810 per listing, though performance varies sharply by property size—making deal selection critical. The ROI score of 51 out of 100 reflects a competitive opportunity where selective investors can still find upside, particularly in larger lakefront properties.

Key Market Statistics

According to Rabbu market data, the Grove 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 Grove

Grove appeals to investors seeking lake-tourism-driven returns in a market where supply is still building and larger properties command substantial revenue premiums.

Expert Market Assessment

"Grove presents a moderate-opportunity market with pronounced seasonality—July revenue of $4,589 is roughly ten times the February low of $387, so investors must budget for meaningful off-season softness. Occupancy at 17% trails the Oklahoma state average of 28%, though that figure is skewed by studios and 5-bedroom properties that sit below 10%. Three-bedroom listings stand out with 31% occupancy and $31,082 in annual revenue, offering the most balanced cash-flow profile. The competitive-opportunity ROI score of 51 reflects real upside tempered by supply growth and occupancy challenges that reward disciplined, amenity-rich property selection."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Grove

Average revenue by month in Grove

Grove's revenue cycle is heavily summer-weighted, peaking in July at $4,589 and bottoming out in February at $387—a spread of over 10x that underscores deep seasonality. A secondary bump in October ($2,724) offers a modest shoulder-season lifeline, but investors should plan cash reserves around five months of sub-$1,500 revenue from November through April.

Active Airbnb listings by property size in Grove

Two-bedroom units dominate supply with 24 of 77 listings, while 1-bedroom and 3-bedroom properties each account for 14. Larger 4- and 5-bedroom homes are relatively scarce at 8 and 6 listings respectively, which may signal less competition and stronger pricing power for investors targeting those segments.

Average daily rate (ADR) by property size in Grove

ADR rises steeply with size, from $87 for studios to $406 for 5-bedroom properties, with 4-bedroom units at $304 representing a significant jump above the 3-bedroom rate of $193. The premium on larger lakefront homes reflects the group-travel and family-vacation demand that defines this market.

Average RevPAN by property size in Grove

Three- and 4-bedroom properties deliver the strongest RevPAN at $59 and $60 respectively, far outpacing studios ($6) and 1-bedrooms ($18). Notably, 5-bedroom units drop to $29 RevPAN despite commanding the highest ADR, suggesting their low 7% occupancy significantly limits effective revenue per available night.

Average occupancy rates by property size in Grove

Three-bedroom listings lead occupancy at 31%, nearly double the market average and well above the next-closest size category (4-bedroom at 20%). Studios and 5-bedroom properties both sit at just 7%, indicating that the extremes of the size spectrum struggle to attract consistent bookings in Grove.

Average monthly revenue by property size in Grove

Monthly revenue scales from $591 for studios to $5,650 for 5-bedroom properties, with 3-bedroom listings at $2,590 offering a solid balance of consistent occupancy and meaningful income. The jump from 4-bedroom ($3,097) to 5-bedroom ($5,650) is notable but comes with the caveat of much lower booking frequency.

Average annual revenue by property size in Grove

Five-bedroom properties top annual revenue at $67,800—nearly three times the 2-bedroom figure of $20,275—making them the highest-ceiling play for investors with the capital to acquire larger lakefront homes. Three- and 4-bedroom units at $31,082 and $37,166 respectively offer the strongest return potential when factoring in their more reliable occupancy.

Most common amenities for Airbnb listings in Grove

Every listing in Grove offers a kitchen, and 92% include parking—both table stakes for lake-vacation travelers. The standout signal is that 70% of listings feature lake access and 58% are waterfront, confirming that proximity to Grand Lake is the primary demand driver; BBQ grills (84%) and outdoor furniture (75%) further cater to the outdoor leisure expectations of guests in this market.

Understanding Grove's ROI Score: 51/100

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

Grove's ROI score of 51 out of 100 places it in the Competitive Opportunity band, meaning investor interest and demand exist but selective deal sourcing is essential. The revenue-to-price ratio scores as average—$24,810 in annual revenue against $516,465 average home values requires targeting higher-performing property types to hit attractive yields. Above-average market growth is encouraging, though below-average occupancy stability and supply/demand balance remind investors to pair this data with thorough local regulatory research and a clear amenity strategy before committing capital.

Short-Term Rental Regulations in Grove

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

Permit Requirements

Short-term rental operators in Grove, Oklahoma may need to obtain a local business license or STR permit before listing a property. Investors should verify current registration requirements with the City of Grove and Delaware County authorities, as rules can evolve in fast-growing lake markets.

Key Restrictions

Common restrictions in Oklahoma lake communities can include occupancy limits tied to bedroom count, minimum-night stay requirements during certain seasons, noise and parking ordinances, and HOA-level covenants that may prohibit or limit short-term rentals entirely. Investors should review both municipal codes and any subdivision or lakefront community rules before purchasing.

Tax Obligations

Oklahoma imposes a state sales tax and a state lodging tax on short-term rental stays, and Delaware County may add a local component. Platforms like Airbnb often collect and remit state-level taxes automatically, but hosts should confirm local obligations to stay compliant.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Grove's summer-driven demand cycle should continue to anchor performance, with July revenue peaks near $4,589 likely holding steady or edging up modestly given the market's above-average growth trend. However, the rapid 88% increase in active listings could put pressure on occupancy rates—already below the Oklahoma state average at 17%—unless demand keeps pace. Investors entering now should plan for ADR to remain in the $220–$230 range while occupancy may hover between 15% and 20% market-wide. Targeting 3- and 4-bedroom properties with lake access positions an investment to capture the strongest seasonal demand."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Grove, OK

What is the average Airbnb occupancy rate in Grove?

The average Airbnb occupancy rate in Grove is currently 17%, which sits below the Oklahoma state average of 28%. Occupancy varies significantly by property size: 3-bedroom listings lead at 31%, while studios and 5-bedroom properties average just 7%. Seasonality plays a major role, with summer months driving the bulk of bookings.

How much do Airbnb hosts make in Grove?

Based on trailing 12-month data, the average Airbnb host in Grove earns approximately $2,067 per month or $24,810 annually. Earnings scale steeply with property size—studios average $7,103 per year while 5-bedroom properties average $67,800. Peak-season months like July can generate $4,589, whereas February dips to around $387.

Is Grove a good market for Airbnb investment?

Grove carries a Rabbu ROI Score of 51 out of 100, rated as a Competitive Opportunity. The market benefits from above-average growth trends and proximity to Grand Lake, but occupancy stability is below average and supply has jumped 88% year-over-year. Investors who target larger properties (3–4 bedrooms) with lake access and strong amenity packages are best positioned to outperform market averages.

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

The average daily rate in Grove is $224, slightly above the Oklahoma state average of $219. ADR scales significantly with property size, from $87 for studios up to $406 for 5-bedroom homes. Four-bedroom properties at $304 ADR represent a strong middle ground between nightly rate and booking frequency.

Are short-term rentals legal in Grove?

Short-term rentals are generally permitted in Grove, Oklahoma, though operators may need to obtain local permits or business licenses. Regulations can vary at the city and county level, and HOA or lakefront community rules may impose additional restrictions. Investors should verify current requirements with local authorities before purchasing a property for STR use.

When is peak season for Airbnb in Grove?

Peak season in Grove runs from late May through August, with July being the strongest month at an average revenue of $4,589 per listing. October also sees a notable bump to $2,724, likely driven by fall foliage and lake activities. The slowest months are January and February, when revenue drops to $430 and $387 respectively.

How many Airbnbs are there in Grove?

As of April 2026, there are 77 active Airbnb listings in Grove. The market has seen significant growth, with an 88% year-over-year increase in listings. Two-bedroom properties make up the largest share at 24 listings, followed by 1-bedroom and 3-bedroom units at 14 each.

How is Airbnb revenue calculated in Grove?

The annual and monthly revenue figures for Grove 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 roll 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 how actively the listing is managed.

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 Grove, OK market
• Average daily rate, occupancy, and RevPAN metrics with state-level benchmarks
• Monthly and annual revenue trends broken down by property size
• Amenity prevalence data across active listings to guide property positioning
• Home value estimates 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. Occupancy and revenue figures reflect trailing 12-month averages and may not capture very recent market shifts. Local regulations, HOA rules, and tax obligations can change; investors should verify current requirements before purchasing.