Lebanon, TN Airbnb Market Data, Statistics, and Occupancy Rates

Lebanon Short-Term Rental Market Overview

Lebanon, TN sits within the Nashville metro corridor, offering investors proximity to one of the fastest-growing regions in the Southeast. With 73 active Airbnb listings and an average annual revenue of $19,186, the market is still relatively small but has seen explosive year-over-year listing growth of 124%. An average daily rate of $153—roughly half the Tennessee state average—keeps the barrier to entry lower, though occupancy at 28% and elevated home values around $653,606 mean investors will need to be strategic about property selection and pricing.

Key Market Statistics

According to Rabbu market data, the Lebanon 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 Lebanon

Investors look at Lebanon for its position in the Nashville metro spillover zone, where lower entry costs relative to downtown Nashville meet growing regional demand.

Expert Market Assessment

"Lebanon represents a competitive opportunity rather than a slam-dunk—its ROI score of 46 out of 100 reflects below-average revenue-to-price ratios and occupancy stability, tempered by average market growth. The strong seasonality, with October revenues ($2,189) nearly triple January's ($695), means cash-flow planning is essential to weather the quieter winter months. Investors who target 3-bedroom properties and differentiate with outdoor amenities and lake proximity stand the best chance of outperforming the market average. Selective deal sourcing and disciplined underwriting will matter more here than in markets with wider margins."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Lebanon

Average revenue by month in Lebanon

Revenue in Lebanon follows a pronounced seasonal curve, peaking in October at $2,189 and bottoming out in January at just $695—a spread of more than 3x. The warm months from May through October consistently produce revenues above $1,700, while the winter quarter (December–February) pulls the annual average down considerably, making cash reserves or flexible pricing strategies essential.

Active Airbnb listings by property size in Lebanon

One-bedroom listings dominate Lebanon's supply with 37 of the 73 active listings, followed by 14 two-bedroom and 12 three-bedroom properties. The relative scarcity of larger units—especially given their significantly higher revenue potential—may signal an opportunity for investors willing to acquire or convert 2- and 3-bedroom properties.

Average daily rate (ADR) by property size in Lebanon

ADR scales steeply with size in Lebanon: 1-bedrooms average $81/night, 2-bedrooms jump to $129, and 3-bedrooms command $276—more than triple the rate of the smallest units. This premium makes 3-bedroom properties particularly compelling for investors who can absorb the higher acquisition and operating costs.

Average RevPAN by property size in Lebanon

RevPAN tells a clear story of larger properties outperforming on a per-night basis: 3-bedrooms generate $98 per available night compared to $42 for 2-bedrooms and just $19 for 1-bedrooms. Even after factoring in occupancy differences, the 3-bedroom segment delivers roughly five times the revenue efficiency of 1-bedroom units.

Average occupancy rates by property size in Lebanon

Occupancy climbs with property size—1-bedrooms fill just 24% of available nights, 2-bedrooms reach 33%, and 3-bedrooms achieve the highest rate at 36%. While none of these figures are exceptionally high, the steadier demand for larger units offers somewhat more predictable cash flow for investors.

Average monthly revenue by property size in Lebanon

Three-bedroom properties lead monthly revenue at $2,591, nearly doubling the $1,601 earned by 2-bedrooms and tripling the $844 from 1-bedroom units. For investors prioritizing monthly cash flow, the gap between property sizes underscores the outsized earning potential of larger configurations in this market.

Average annual revenue by property size in Lebanon

Annual revenue ranges from $10,132 for 1-bedroom listings to $31,100 for 3-bedroom properties, with 2-bedrooms landing near the market average at $19,219. Given Lebanon's average home values of $653,606, investors should carefully model whether even the top-performing 3-bedroom segment generates sufficient yield relative to acquisition costs.

Most common amenities for Airbnb listings in Lebanon

Parking leads amenity prevalence at 96%, followed by washer/dryer (89%/86%), workspaces (77%), and outdoor features like patios and backyards (77%). The high adoption of outdoor amenities—plus 36% of listings offering lake access—signals that guests expect a leisure-oriented, space-rich experience, and listings without these basics may struggle to compete.

Understanding Lebanon's ROI Score: 46/100

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

Lebanon's ROI score of 46 out of 100 places it in the 'Competitive Opportunity' band, reflecting below-average marks on revenue-to-price ratio, occupancy stability, and supply/demand balance, with only market growth trend scoring at an average level. This means the market can work for investors, but the math is tighter—successful outcomes will depend on targeting higher-performing property types (like 3-bedrooms) and sourcing deals below the $653,606 average home value. Pairing this data with thorough local regulatory research and conservative underwriting will help investors separate viable opportunities from marginal ones.

Short-Term Rental Regulations in Lebanon

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

Permit Requirements

Short-term rental operators in Lebanon, Tennessee may need to obtain a permit or register their property with local authorities before listing on platforms like Airbnb. Investors should verify current requirements directly with the City of Lebanon and Wilson County, as regulations in Tennessee's fast-growing suburbs can evolve quickly.

Key Restrictions

Common STR restrictions in Tennessee markets include occupancy limits, minimum stay requirements, noise ordinances, and parking mandates. HOA rules can also impose additional constraints, particularly in newer subdivisions, so investors should review any covenants or community guidelines before purchasing a property intended for short-term rental use.

Tax Obligations

Short-term rental hosts in Tennessee are generally subject to state and local sales tax as well as occupancy taxes, which platforms like Airbnb often collect and remit on behalf of hosts. Investors should confirm the applicable tax rates with the Tennessee Department of Revenue and Wilson County to ensure full compliance.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Lebanon's STR market is likely to see continued supply expansion given the 124% year-over-year listing growth, which could put further pressure on occupancy rates unless demand keeps pace. Seasonal patterns suggest revenue should peak again in October (around $2,189/month) with softer winter months pulling averages down. ADR may hold steady or inch up 1–3% as hosts differentiate with amenities like lake access and outdoor spaces, but investors should plan for occupancy in the 26–32% range market-wide until the supply-demand balance tightens. These estimates assume no major regulatory changes and continued regional population growth fueling weekend and event-driven travel."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Lebanon, TN

What is the average Airbnb occupancy rate in Lebanon?

The average occupancy rate for Airbnb listings in Lebanon, TN is currently 28%, which is just slightly below the Tennessee state average of 29%. Occupancy varies by property size—1-bedroom units average 24%, while 3-bedroom properties reach 36%. Investors can improve occupancy by targeting underserved property sizes, optimizing pricing seasonally, and offering in-demand amenities.

How much do Airbnb hosts make in Lebanon?

On average, Airbnb hosts in Lebanon earn about $1,598 per month or $19,186 per year based on trailing 12-month performance data. Earnings vary significantly by property size: 1-bedroom listings average $10,132 annually, 2-bedrooms bring in roughly $19,219, and 3-bedroom properties lead the market at approximately $31,100 per year. Individual results depend on pricing strategy, property quality, and seasonal demand.

Is Lebanon a good market for Airbnb investment?

Lebanon carries a Rabbu ROI Score of 46 out of 100, placing it in the 'Competitive Opportunity' category. This means investor interest and demand are present, but higher home values (averaging $653,606) and below-average occupancy rates require more careful deal selection. Investors who focus on larger properties—particularly 3-bedrooms—and leverage Lebanon's proximity to Nashville and its lake-access appeal can find viable opportunities, though the market rewards selectivity over broad-based investing.

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

The average daily rate across all active Airbnb listings in Lebanon is $153, which is roughly half the Tennessee state average of $309. ADR scales meaningfully with property size: 1-bedroom units average $81/night, 2-bedrooms come in at $129/night, and 3-bedroom properties command $276/night. This pricing structure suggests that larger properties capture a significant premium in this market.

Are short-term rentals legal in Lebanon?

Short-term rentals generally operate in Lebanon, TN, but hosts may need to obtain permits or register with local authorities. Tennessee state law allows municipalities to regulate STRs, so requirements can vary. Investors should check directly with the City of Lebanon and Wilson County for the most current rules on permitting, zoning, and any applicable restrictions before purchasing a property.

When is peak season for Airbnb in Lebanon?

Peak season in Lebanon is October, when average monthly revenue reaches $2,189—the highest of any month. The broader high season stretches from May through October, with monthly revenues consistently above $1,700. January and February are the softest months, averaging $695 and $827 respectively, so investors should plan for significant seasonal revenue swings.

How many Airbnbs are there in Lebanon?

As of April 2026, there are 73 active Airbnb listings in Lebanon, TN. The market has experienced significant growth, with year-over-year listing counts increasing by 124%. The supply skews heavily toward 1-bedroom properties (37 listings), followed by 2-bedrooms (14) and 3-bedrooms (12).

How is Airbnb revenue calculated in Lebanon?

The annual and monthly revenue figures for Lebanon 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. Because each month uses its own historical performance, the figures naturally reflect seasonal peaks (like October at $2,189) and slower months (like January at $695). Individual host 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 Lebanon, TN market
• Average daily rates, occupancy rates, and RevPAN metrics by property size
• Monthly and annual revenue averages based on trailing 12-month booking data
• Home value benchmarks sourced from the Zillow Home Value Index (ZHVI)
• Amenity prevalence data across active listings to identify guest expectations

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. Data reflects trailing performance as of April 2026 and may not capture recent regulatory changes or market shifts. Individual property results will vary based on location, condition, pricing strategy, and management quality.