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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Lewisburg offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Lewisburg, WV is a small but intriguing short-term rental market with 38 active Airbnb listings and an average annual revenue of $25,764 per property. The market's ROI score of 58 out of 100 reflects a balance of healthy demand relative to property values, though below-average growth trends and moderate occupancy at 27% suggest investors should approach with clear expectations. With an average daily rate of $203 and strong summer seasonality, Lewisburg appeals to travelers drawn to the Greenbrier Valley's cultural and outdoor offerings.
According to Rabbu market data, the Lewisburg short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 38 |
| Average Daily Rate (ADR) | vs. $242 state avg. | $203 |
| Average Occupancy Rate | vs. 38% state avg. | 27% |
| RevPAN | ADR * Occupancy Rate | $54 |
| Average Monthly Revenue | Historical 12-month average | $2,147 |
| Average Annual Revenue | Historical 12-month average | $25,764 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
Lewisburg offers an accessible entry point for STR investors seeking revenue potential in a leisure-driven small-town market where property costs remain well below many competing destinations.
Key investment factors
"Lewisburg presents a moderate investment opportunity best suited for investors comfortable with pronounced seasonality. Revenue swings from a low of $871 in February to a peak of $3,607 in July, meaning cash-flow planning around shoulder and off-peak months is essential. The market's 58/100 ROI score reflects average revenue-to-price dynamics and occupancy stability, tempered by below-average growth trends as listing supply has expanded rapidly. Investors targeting 2- or 3-bedroom properties stand to capture the strongest returns, and those who optimize amenities and pricing for the May-through-October window will be best positioned to outperform market averages."
— Rabbu Market Analysis Team
Lewisburg's revenue cycle is sharply seasonal, peaking in July at $3,607 and bottoming out in February at just $871—a spread of more than 4x. The May-through-October window accounts for the lion's share of annual income, making off-season cost management critical for profitability.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$929 |
| February |
|
$871 |
| March |
|
$1,150 |
| April |
|
$1,507 |
| May |
|
$2,451 |
| June |
|
$2,725 |
| July |
|
$3,607 |
| August |
|
$3,210 |
| September |
|
$2,579 |
| October |
|
$2,850 |
| November |
|
$2,122 |
| December |
|
$1,758 |
One-bedroom units make up the largest share of supply with 14 listings, followed closely by 2-bedrooms at 13 and 3-bedrooms at 7. The relative scarcity of 3-bedroom properties, combined with their stronger revenue performance, may signal an opportunity for investors willing to target that segment.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
14 |
| 2 bedrooms |
|
13 |
| 3 bedrooms |
|
7 |
Three-bedroom properties command the highest ADR at $240, a significant jump above 1-bedrooms ($160) and 2-bedrooms ($152), which are priced surprisingly close to each other. This suggests that stepping up to a 3-bedroom offers a meaningful rate premium that can justify the higher acquisition and operating costs.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$160 |
| 2 bedrooms |
|
$152 |
| 3 bedrooms |
|
$240 |
RevPAN climbs steadily with size: 3-bedrooms lead at $73 per available night, 2-bedrooms generate $63, and 1-bedrooms trail at just $24. The gap between 1-bedroom and 2-bedroom RevPAN is especially stark, indicating that 1-bedroom units struggle to convert their rate into consistent income.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$24 |
| 2 bedrooms |
|
$63 |
| 3 bedrooms |
|
$73 |
Two-bedroom listings achieve the highest occupancy at 42%, well above the market average of 27%, while 3-bedrooms fill at 31% and 1-bedrooms lag significantly at 15%. For investors prioritizing cash-flow consistency, 2-bedroom properties offer the best balance of demand and pricing power.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
15% |
| 2 bedrooms |
|
42% |
| 3 bedrooms |
|
31% |
Three-bedroom listings top the monthly revenue chart at $2,808, with 2-bedrooms close behind at $2,551, while 1-bedrooms earn considerably less at $1,556. The $1,252 monthly gap between 1- and 3-bedroom units highlights the revenue advantage of larger configurations in this market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$1,556 |
| 2 bedrooms |
|
$2,551 |
| 3 bedrooms |
|
$2,808 |
On an annual basis, 3-bedroom properties generate $33,707 in revenue—nearly double the $18,679 earned by 1-bedroom units, with 2-bedrooms in between at $30,622. Investors targeting the strongest return potential in Lewisburg should focus on 2- and 3-bedroom properties, where revenue scales meaningfully with size.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$18,679 |
| 2 bedrooms |
|
$30,622 |
| 3 bedrooms |
|
$33,707 |
Parking dominates at 97% of listings, reflecting the car-dependent nature of a rural West Virginia market, while kitchen access (87%), self check-in (76%), and laundry (74%) round out the essentials. The prevalence of backyards (68%), workspaces (66%), and outdoor furniture (61%) signals that guests expect comfortable, self-sufficient stays—investors who deliver on these basics will meet the market standard without costly premium upgrades.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
97% |
| Kitchen |
|
87% |
| Self Check-in |
|
76% |
| Washer |
|
74% |
| Dryer |
|
71% |
| Backyard |
|
68% |
| Workspace |
|
66% |
| Outdoor Furniture |
|
61% |
| Patio or Balcony |
|
58% |
| BBQ Grill |
|
26% |
| Pets |
|
26% |
| Hot Tub |
|
8% |
| Waterfront |
|
3% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Lewisburg Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Average | 40% |
| Occupancy Stability | Average | 30% |
| Market Growth Trend | Below average | 15% |
| Supply/Demand Balance | Average | 15% |
Lewisburg's ROI score of 58 out of 100 places it in the 'Attractive Opportunity' band, reflecting average marks on revenue-to-price ratio, occupancy stability, and supply/demand balance, though market growth trends score below average amid a 173% surge in new listings. The score suggests that returns are achievable for investors who target the right property size and optimize for peak-season performance, but this is not a market where passive management alone will deliver strong results. Pairing this data with on-the-ground regulatory research and a clear understanding of Lewisburg's seasonal demand patterns will help investors make a well-informed decision.
Understanding local STR regulations is essential before investing in Lewisburg. Here's the current regulatory landscape:
Operators looking to run a short-term rental in Lewisburg, West Virginia should verify whether the city or Greenbrier County requires a business license, permit, or registration for STR activity. Regulations can vary at the municipal and county level, so checking directly with Lewisburg's city offices and the West Virginia Secretary of State is strongly recommended before listing a property.
Common restrictions that may apply include occupancy limits based on property size, minimum stay requirements, noise ordinances, and parking provisions for guests. Investors in HOA-governed communities should review covenants carefully, as some associations restrict or prohibit short-term rentals outright. It's also worth confirming whether the city imposes any caps on the number of STR permits issued in a given area.
West Virginia imposes a state sales tax and a hotel/motel tax on short-term accommodations, and Lewisburg or Greenbrier County may levy additional local lodging taxes. Platforms like Airbnb often collect and remit some or all of these taxes on behalf of hosts, but operators should confirm their full tax obligations with a local accountant or the West Virginia State Tax Department.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Lewisburg can provide current regulatory guidance.
Financing an Airbnb investment in Lewisburg requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Lewisburg's short-term rental market is likely to maintain its seasonal rhythm, with peak revenues concentrated between May and October and softer winter months pulling averages down. ADR may see modest pressure given the 173% year-over-year growth in active listings, though demand during summer and fall foliage season could support rates in the $200–$250 range for well-positioned properties. Occupancy rates are estimated to hover around 25–30% market-wide, with 2- and 3-bedroom properties continuing to outperform studios and 1-bedrooms. Investors should factor in the seasonal nature of this market and plan pricing strategies that maximize high-season returns while minimizing vacancy costs in winter."
— 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 averages as of April 2026 and may not capture very recent market shifts. Local regulations, HOA rules, and tax obligations vary and should be independently verified before investing.
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