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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Lenox presents a competitive opportunity: investor interest and demand are strong, but higher prices or tighter competition may require more selective deal sourcing.
Lenox, MA sits at the crossroads of Berkshires culture and seasonal tourism, creating a distinctive short-term rental market with strong summer peaks and a compact inventory of just 48 active Airbnb listings. Average annual revenue reaches $49,429, though a below-average revenue-to-price ratio — driven by home values averaging $985,113 — means investors need to be thoughtful about deal sourcing. With an ADR of $332 (well below the state average of $582) and occupancy at 23%, this market rewards operators who can capture premium summer bookings and maintain shoulder-season demand.
According to Rabbu market data, the Lenox short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 48 |
| Average Daily Rate (ADR) | vs. $582 state avg. | $332 |
| Average Occupancy Rate | vs. 44% state avg. | 23% |
| RevPAN | ADR * Occupancy Rate | $76 |
| Average Monthly Revenue | Historical 12-month average | $4,119 |
| Average Annual Revenue | Historical 12-month average | $49,429 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.
Lenox attracts investors seeking exposure to Berkshires cultural tourism in a small, supply-constrained market where premium summer revenue can offset softer off-season periods.
Key investment factors
"Lenox represents a competitive opportunity rather than a slam-dunk — the ROI score of 53 out of 100 reflects solid demand paired with elevated property costs that compress returns. Seasonality is the defining feature here: August revenue averaging $8,339 dwarfs March and April at roughly $2,075, creating a fourfold swing between peak and trough months. Investors who can secure properties at favorable price points and optimize for the June-through-October corridor will find the strongest returns. The small listing pool and cultural draw of the Berkshires provide a moat, but the below-average revenue-to-price ratio demands disciplined underwriting."
— Rabbu Market Analysis Team
Lenox shows extreme seasonality, with August ($8,339) and July ($7,870) generating roughly four times the revenue of the weakest months — March and April at about $2,075 each. Investors should plan for a concentrated earning window from June through October, with December ($3,838) providing a modest holiday bump.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$2,458 |
| February |
|
$3,141 |
| March |
|
$2,075 |
| April |
|
$2,075 |
| May |
|
$3,176 |
| June |
|
$4,153 |
| July |
|
$7,870 |
| August |
|
$8,339 |
| September |
|
$4,434 |
| October |
|
$4,741 |
| November |
|
$3,123 |
| December |
|
$3,838 |
Two-bedroom units dominate supply with 17 listings, followed closely by 1-bedrooms at 14, while 3-bedroom (8) and 4-bedroom (6) properties are considerably less common. The relative scarcity of larger homes could represent an opportunity, particularly since 4-bedroom listings generate the highest revenue and RevPAN in this market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
14 |
| 2 bedrooms |
|
17 |
| 3 bedrooms |
|
8 |
| 4 bedrooms |
|
6 |
ADR rises steadily with property size, from $241 for 1-bedroom listings to $426 for 4-bedroom homes — a 77% premium. The jump from 2-bedrooms ($331) to 3-bedrooms ($347) is modest, suggesting the most compelling ADR premium relative to added capacity comes at the 4-bedroom tier.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$241 |
| 2 bedrooms |
|
$331 |
| 3 bedrooms |
|
$347 |
| 4 bedrooms |
|
$426 |
Four-bedroom properties stand out with a RevPAN of $104, significantly outperforming 1-bedrooms ($71), 2-bedrooms ($64), and 3-bedrooms ($60). This gap indicates that larger homes not only command higher nightly rates but also convert enough bookings to deliver meaningfully stronger per-night revenue after accounting for vacancy.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$71 |
| 2 bedrooms |
|
$64 |
| 3 bedrooms |
|
$60 |
| 4 bedrooms |
|
$104 |
One-bedroom listings achieve the highest occupancy at 30%, while 4-bedrooms come in at 25%, and 2- and 3-bedroom properties trail at 20% and 18% respectively. Despite lower occupancy, 4-bedroom units still outperform on revenue metrics thanks to their substantially higher ADR — a trade-off that favors larger properties in this market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
30% |
| 2 bedrooms |
|
20% |
| 3 bedrooms |
|
18% |
| 4 bedrooms |
|
25% |
Four-bedroom properties lead monthly revenue at $4,738, with 1-bedrooms ($4,241) and 3-bedrooms ($4,211) clustered closely behind, while 2-bedroom units lag at $3,616. The relatively narrow spread between sizes suggests that even smaller units can perform well in Lenox, though the 4-bedroom premium is consistent and meaningful.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$4,241 |
| 2 bedrooms |
|
$3,616 |
| 3 bedrooms |
|
$4,211 |
| 4 bedrooms |
|
$4,738 |
Annual revenue ranges from $43,397 for 2-bedroom listings to $56,862 for 4-bedroom properties, a spread of roughly $13,500. Given that 4-bedroom homes offer the best return potential on a revenue basis, investors should weigh this against higher acquisition costs to determine which configuration delivers the strongest yield for their budget.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$50,894 |
| 2 bedrooms |
|
$43,397 |
| 3 bedrooms |
|
$50,535 |
| 4 bedrooms |
|
$56,862 |
Parking dominates at 98% prevalence — essentially a must-have in this rural Berkshires market — followed by kitchen (81%), dryer (67%), and self check-in (65%). Outdoor amenities like backyards (58%), patios (48%), and BBQ grills (44%) reflect guest expectations for nature-oriented stays, while premium features like pools (15%) and hot tubs (6%) remain differentiators rather than baseline requirements.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
98% |
| Kitchen |
|
81% |
| Dryer |
|
67% |
| Self Check-in |
|
65% |
| Washer |
|
63% |
| Backyard |
|
58% |
| Workspace |
|
52% |
| Outdoor Furniture |
|
48% |
| Patio or Balcony |
|
48% |
| BBQ Grill |
|
44% |
| Pets |
|
27% |
| Pool |
|
15% |
| Hot Tub |
|
6% |
| Lake Access |
|
6% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Lenox Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Below average | 40% |
| Occupancy Stability | Average | 30% |
| Market Growth Trend | Average | 15% |
| Supply/Demand Balance | Average | 15% |
Lenox's ROI Score of 53 out of 100 places it in the 'Competitive Opportunity' band, reflecting a market where genuine demand exists but elevated property prices compress the revenue-to-price ratio to below-average levels. Occupancy stability and market growth trend both rate as average, meaning the fundamentals are steady without strong upward momentum. Investors should pair these data points with careful local regulatory research and targeted deal sourcing to identify properties where the math works at current Berkshires price points.
Understanding local STR regulations is essential before investing in Lenox. Here's the current regulatory landscape:
Short-term rental operators in Lenox, MA may be required to register with the town and obtain applicable permits under Massachusetts state law. Investors should verify current permit and registration requirements directly with the Town of Lenox and the Commonwealth of Massachusetts before listing a property.
Common restrictions in Massachusetts STR markets can include occupancy limits, minimum stay requirements, noise ordinances, and parking regulations. HOA rules may also apply, and some municipalities impose caps on the number of permits issued or restrict non-owner-occupied rentals, so reviewing local bylaws is essential before purchasing.
Massachusetts requires short-term rental operators to collect and remit state room occupancy tax, and local municipalities may impose additional community impact fees. Major booking platforms often handle tax collection on behalf of hosts, but investors should confirm compliance obligations with the Massachusetts Department of Revenue.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Lenox can provide current regulatory guidance.
Financing an Airbnb investment in Lenox requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Lenox's STR market is expected to remain heavily seasonal, with July and August continuing to drive the bulk of annual revenue. Active listings grew 116% year-over-year, suggesting rising investor interest that could tighten competition for bookings during slower months. ADR may see modest increases of 1–3% as newer properties compete on quality and amenities, though occupancy rates are likely to hover in the 20–26% range given the market's seasonal nature. Investors entering now should plan for a cash-flow profile that leans heavily on a concentrated summer earning window."
— 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 restrictions, and tax obligations vary — investors should verify all requirements with local authorities before purchasing.
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