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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Laramie presents a competitive opportunity: investor interest and demand are strong, but higher prices or tighter competition may require more selective deal sourcing.
Laramie, WY is a small but active short-term rental market with 113 listings and an average annual revenue of $21,777 per property. With a $152 ADR that sits well below the $569 Wyoming state average and a 31% occupancy rate, this is a market where selective deal sourcing matters — but the University of Wyoming's steady presence and summer tourism through the region create a reliable baseline of demand. Home values averaging $515,847 paired with moderate revenue keep the revenue-to-price ratio at an average level, making property selection and operational efficiency the keys to profitability.
According to Rabbu market data, the Laramie short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 113 |
| Average Daily Rate (ADR) | vs. $569 state avg. | $152 |
| Average Occupancy Rate | vs. 48% state avg. | 31% |
| RevPAN | ADR * Occupancy Rate | $47 |
| Average Monthly Revenue | Historical 12-month average | $1,814 |
| Average Annual Revenue | Historical 12-month average | $21,777 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.
Investors look at Laramie for its university-driven demand floor and comparatively affordable entry point relative to Wyoming's resort-heavy markets, though tightening supply/demand dynamics require careful deal selection.
Key investment factors
"Laramie earns a 52 out of 100 on Rabbu's ROI Score, placing it in the competitive opportunity tier where returns are achievable but demand thoughtful execution. Seasonality is the defining feature — July revenue of $3,331 is nearly triple February's $1,118, so cash-flow planning needs to account for extended softer months from late fall through early spring. The 130% year-over-year growth in active listings signals rising investor interest, but the supply/demand balance is already rated below average, meaning new entrants face stiffer competition for a relatively limited guest pool. Investors targeting 3- and 4-bedroom properties stand to capture the best revenue-per-night returns, though occupancy for those larger units (25%) trails the market average."
— Rabbu Market Analysis Team
Laramie exhibits strong seasonality, with July ($3,331) delivering nearly three times the revenue of the softest month, February ($1,118). The June–September window consistently outperforms, while late fall through early spring represents a prolonged off-peak period that investors should plan for in their cash-flow models.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$1,410 |
| February |
|
$1,118 |
| March |
|
$1,782 |
| April |
|
$1,138 |
| May |
|
$1,478 |
| June |
|
$2,007 |
| July |
|
$3,331 |
| August |
|
$2,448 |
| September |
|
$2,217 |
| October |
|
$1,690 |
| November |
|
$1,518 |
| December |
|
$1,635 |
Two-bedroom listings lead supply with 37 active units, closely followed by 1-bedrooms at 33, together making up over 60% of the market. Larger 4-bedroom properties are relatively scarce at just 11 listings, which could represent an opportunity given their significantly higher revenue potential.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
7 |
| 1 bedroom |
|
33 |
| 2 bedrooms |
|
37 |
| 3 bedrooms |
|
20 |
| 4 bedrooms |
|
11 |
ADR scales sharply with size in Laramie — 4-bedroom properties command $282 per night, roughly triple the $93 rate for 1-bedrooms. The jump from 2-bedrooms ($114) to 3-bedrooms ($193) is particularly steep, suggesting strong pricing power for properties that can accommodate larger groups.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
$98 |
| 1 bedroom |
|
$93 |
| 2 bedrooms |
|
$114 |
| 3 bedrooms |
|
$193 |
| 4 bedrooms |
|
$282 |
Revenue per available night increases steadily with property size, from $29–$30 for studios and 1-bedrooms up to $70 for 4-bedroom units. Despite lower occupancy, larger properties generate substantially more RevPAN because their rate premium more than compensates for fewer booked nights.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
$29 |
| 1 bedroom |
|
$30 |
| 2 bedrooms |
|
$39 |
| 3 bedrooms |
|
$48 |
| 4 bedrooms |
|
$70 |
Smaller properties fill more consistently, with 1- and 2-bedrooms achieving 33–34% occupancy compared to 25% for 3- and 4-bedroom units. Investors in larger properties should expect fewer bookings but can offset this with higher nightly rates that drive superior overall revenue.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
30% |
| 1 bedroom |
|
33% |
| 2 bedrooms |
|
34% |
| 3 bedrooms |
|
25% |
| 4 bedrooms |
|
25% |
Four-bedroom properties lead with $3,092 in average monthly revenue — nearly 2.7 times what 1-bedrooms earn at $1,148. The revenue gap widens meaningfully at the 3-bedroom threshold ($2,350), making mid-to-large properties the most compelling earners in this market.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
$1,207 |
| 1 bedroom |
|
$1,148 |
| 2 bedrooms |
|
$1,705 |
| 3 bedrooms |
|
$2,350 |
| 4 bedrooms |
|
$3,092 |
Annual revenue ranges from $13,787 for 1-bedroom listings to $37,107 for 4-bedroom properties, a spread of more than $23,000. Investors targeting the highest gross return potential should focus on 3- and 4-bedroom configurations, which generate $28,202 and $37,107 respectively — though acquisition costs and operating expenses must be weighed carefully.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
$14,491 |
| 1 bedroom |
|
$13,787 |
| 2 bedrooms |
|
$20,466 |
| 3 bedrooms |
|
$28,202 |
| 4 bedrooms |
|
$37,107 |
Kitchens (95%) and parking (94%) are near-universal in Laramie — essentially table stakes for any listing. Self check-in (81%), laundry facilities (73% washer, 69% dryer), and a workspace (52%) round out the most common amenities, reflecting guest expectations for practical, home-like convenience rather than resort-style luxury. Differentiators like hot tubs (1%) and saunas (2%) are extremely rare and could help a listing stand out.
| Amenity | Trend | Value |
|---|---|---|
| Kitchen |
|
95% |
| Parking |
|
94% |
| Self Check-in |
|
81% |
| Washer |
|
73% |
| Dryer |
|
69% |
| Backyard |
|
55% |
| Workspace |
|
52% |
| Patio or Balcony |
|
46% |
| BBQ Grill |
|
41% |
| Outdoor Furniture |
|
37% |
| Pets |
|
34% |
| Sauna |
|
2% |
| Hot Tub |
|
1% |
| Lake Access |
|
1% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Laramie Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Average | 40% |
| Occupancy Stability | Above average | 30% |
| Market Growth Trend | Average | 15% |
| Supply/Demand Balance | Below average | 15% |
Laramie's ROI Score of 52 out of 100 places it in the competitive opportunity band, where deals exist but require sharper analysis. The market benefits from above-average occupancy stability, but the supply/demand balance rates below average — a reflection of 130% year-over-year listing growth outpacing demand gains. Investors should pair this data with thorough local regulatory research and focus on property types (particularly 3–4 bedrooms) where revenue potential best offsets the tightening competitive landscape.
Understanding local STR regulations is essential before investing in Laramie. Here's the current regulatory landscape:
Short-term rental operators in Laramie, Wyoming may need to obtain a business license or STR-specific permit before listing a property. Investors should verify current requirements directly with the City of Laramie and Albany County, as local rules can change.
Common restrictions in markets like Laramie can include occupancy limits, noise ordinances, parking requirements, and potential HOA rules that limit or prohibit short-term rentals. Some jurisdictions also impose minimum-stay requirements or cap the number of active permits, so it's important to review applicable zoning and neighborhood regulations before purchasing.
STR hosts in Wyoming are generally subject to state and local lodging taxes, which may include sales tax and a specific accommodation or tourism tax. Many booking platforms collect and remit these taxes on behalf of hosts, but operators should confirm their obligations with the Wyoming Department of Revenue and local tax authorities.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Laramie can provide current regulatory guidance.
Financing an Airbnb investment in Laramie requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Laramie's STR market is likely to see continued seasonal swings, with July remaining the clear revenue peak and winter months staying softer. Listing supply grew 130% year-over-year, which may compress occupancy further unless demand keeps pace — investors should watch whether new supply stabilizes or continues to accelerate. ADR could edge up modestly in the 1–3% range given inflationary pressure on lodging, but occupancy is more likely to hover around 29–33% unless operators differentiate with amenities and pricing strategy. Targeting larger properties (3–4 bedrooms) that command higher nightly rates may offer the best buffer against competition in this increasingly crowded field."
— 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 Mar, 17 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month historical averages and may not capture very recent market shifts. Local regulations, HOA rules, and tax obligations vary — investors should verify current requirements with local authorities before purchasing.
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