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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Independence offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Independence, KS presents an intriguing value play for short-term rental investors, with an above-average revenue-to-price ratio that stands out relative to many Kansas markets. With average home values around $241,021 and annual STR revenue averaging $20,852, the market favors investors who prioritize cash-flow efficiency over raw revenue volume. The 36% occupancy rate outpaces the Kansas state average of 30%, and a notable 71% year-over-year growth in active listings signals rising investor interest in this small-market opportunity.
According to Rabbu market data, the Independence short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 53 |
| Average Daily Rate (ADR) | vs. $174 state avg. | $140 |
| Average Occupancy Rate | vs. 30% state avg. | 36% |
| RevPAN | ADR * Occupancy Rate | $50 |
| Average Monthly Revenue | Historical 12-month average | $1,737 |
| Average Annual Revenue | Historical 12-month average | $20,852 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
Independence appeals to investors seeking strong revenue relative to low property acquisition costs in a small Kansas market with growing STR interest.
Key investment factors
"Independence earns an ROI score of 63 out of 100, placing it in the "Attractive Opportunity" tier — a market where the numbers work for investors willing to manage around seasonal variability. Revenue peaks sharply in June at $3,517 per month and drops to a low of $882 in January, creating a roughly 4:1 spread that demands careful cash-flow planning. The market's strongest edge is its revenue-to-price ratio, which compensates for softer occupancy stability. Investors targeting 3-bedroom properties will find the most compelling returns, with those units generating roughly double the RevPAN of smaller configurations."
— Rabbu Market Analysis Team
Independence shows pronounced seasonality, with June delivering the highest average revenue at $3,517 and January bottoming out at $882 — a spread of over $2,600. The core earning window runs May through August, making summer-focused pricing and marketing strategies essential for maximizing returns.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$882 |
| February |
|
$1,797 |
| March |
|
$1,567 |
| April |
|
$1,795 |
| May |
|
$2,610 |
| June |
|
$3,517 |
| July |
|
$2,083 |
| August |
|
$1,937 |
| September |
|
$1,224 |
| October |
|
$1,042 |
| November |
|
$1,156 |
| December |
|
$1,235 |
One-bedroom units dominate the Independence supply with 26 of 53 total listings (nearly half), while 2-bedroom and studio properties each account for just 7 listings. The relatively thin supply of 3-bedroom homes (11 listings) paired with their outsized revenue suggests an underserved niche worth targeting.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
7 |
| 1 bedroom |
|
26 |
| 2 bedrooms |
|
7 |
| 3 bedrooms |
|
11 |
ADR climbs steeply with size in Independence: 1-bedrooms average just $98 per night, while 3-bedrooms command $229 — a 134% premium. Studios actually out-earn 1-bedrooms on a nightly basis at $135, suggesting that well-designed compact spaces can punch above their weight in this market.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
$135 |
| 1 bedroom |
|
$98 |
| 2 bedrooms |
|
$150 |
| 3 bedrooms |
|
$229 |
Three-bedroom properties deliver the strongest RevPAN at $80, more than double the next closest category (studios at $44). One- and 2-bedroom units cluster tightly at $35 and $37 respectively, indicating that the real revenue-per-night advantage in Independence comes from scaling up to larger configurations.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
$44 |
| 1 bedroom |
|
$35 |
| 2 bedrooms |
|
$37 |
| 3 bedrooms |
|
$80 |
Occupancy rates are fairly compressed across property sizes, ranging from 25% for 2-bedrooms to 36% for 1-bedrooms. The 2-bedroom segment's notably lower occupancy at 25% warrants caution, while 1-bedroom and 3-bedroom units both maintain steadier demand in the mid-30s percentage range.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
32% |
| 1 bedroom |
|
36% |
| 2 bedrooms |
|
25% |
| 3 bedrooms |
|
35% |
Three-bedroom listings are the clear revenue leaders at $3,280 per month — roughly 2.5 times what studios, 1-bedrooms, and 2-bedrooms generate ($1,220–$1,292 range). For investors seeking meaningful monthly cash flow from a single property, the 3-bedroom segment offers the most compelling case in Independence.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
$1,220 |
| 1 bedroom |
|
$1,270 |
| 2 bedrooms |
|
$1,292 |
| 3 bedrooms |
|
$3,280 |
Annual revenue tells a dramatic story: 3-bedroom properties earn $39,365 on average, while studios through 2-bedrooms cluster between $14,643 and $15,512. This roughly 2.5x gap makes 3-bedroom units the standout configuration for return potential, especially when weighed against Independence's moderate home prices.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
$14,643 |
| 1 bedroom |
|
$15,243 |
| 2 bedrooms |
|
$15,512 |
| 3 bedrooms |
|
$39,365 |
Parking (93%) and kitchen access (87%) are near-universal in Independence listings, reflecting guest expectations in a car-dependent small market. Self check-in at 77% and workspace at 68% signal a guest base that values convenience and flexibility, while differentiators like hot tubs (15%) and pools (28%) remain relatively uncommon and could offer competitive advantages.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
93% |
| Kitchen |
|
87% |
| Self Check-in |
|
77% |
| Washer |
|
70% |
| Workspace |
|
68% |
| Patio or Balcony |
|
64% |
| Dryer |
|
59% |
| Backyard |
|
59% |
| Outdoor Furniture |
|
55% |
| Pets |
|
38% |
| BBQ Grill |
|
34% |
| Pool |
|
28% |
| Gym |
|
17% |
| Hot Tub |
|
15% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Independence Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Above average | 40% |
| Occupancy Stability | Below average | 30% |
| Market Growth Trend | Above average | 15% |
| Supply/Demand Balance | Average | 15% |
Independence's ROI score of 63 out of 100 places it in the "Attractive Opportunity" band, driven primarily by an above-average revenue-to-price ratio that makes entry costs manageable relative to earning potential. The score is tempered by below-average occupancy stability, which reflects the seasonal revenue swings common in smaller leisure-oriented markets. Investors should pair this data with local regulatory research and a realistic cash-flow model that accounts for the quieter winter months.
Understanding local STR regulations is essential before investing in Independence. Here's the current regulatory landscape:
Short-term rental operators in Independence, Kansas may need to obtain a local business license or STR permit before listing their property. Investors should verify current registration requirements directly with the City of Independence and Montgomery County officials, as regulations in smaller Kansas markets can evolve quickly.
Common restrictions that may apply include occupancy limits, noise ordinances, parking requirements, and minimum stay rules. HOA covenants can also impose additional limitations on short-term rentals, so any prospective purchase should include a review of applicable deed restrictions and community guidelines.
Kansas requires collection of state and local sales tax on short-term accommodations, and some jurisdictions impose an additional transient guest tax. Many booking platforms like Airbnb collect and remit a portion of these taxes automatically, but hosts should confirm their full obligations with a local tax advisor.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Independence can provide current regulatory guidance.
Financing an Airbnb investment in Independence requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Independence is likely to see continued listing growth as investors respond to the market's favorable revenue-to-price dynamics, though occupancy stability — currently rated below average — will be the metric to watch. Seasonal patterns suggest ADR could hold steady or nudge up 1–3% as hosts optimize pricing around the strong May–August window, with annual revenue estimates in the $20,000–$22,000 range for a typical listing. The supply-demand balance remains average for now, but the rapid pace of new listings (71% YoY growth) could put downward pressure on occupancy if demand doesn't keep pace. Investors entering this market should plan for meaningful revenue swings between peak summer months and the quieter fall-winter period."
— 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 historical performance and market conditions may have changed since the last update. Local regulations, zoning rules, and tax obligations vary and should be independently verified before making investment decisions.
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