Middlebury, VT Airbnb Market Data, Statistics, and Occupancy Rates

Middlebury Short-Term Rental Market Overview

Middlebury, VT stands out as an appealing short-term rental market for investors seeking above-average revenue relative to property prices. With an ROI score of 71 out of 100 and an average annual revenue of $45,030 across just 72 active listings, the market offers a favorable ratio of income to the $593,093 average home value. Seasonal demand driven by Vermont's summer and fall tourism creates meaningful revenue peaks, while the small supply base keeps competition manageable.

Key Market Statistics

According to Rabbu market data, the Middlebury 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 Middlebury

Middlebury appeals to investors because its favorable revenue-to-price ratio and stable occupancy create a reliable income stream in a market with limited but growing competition.

Expert Market Assessment

"Middlebury presents an attractive opportunity for STR investors willing to navigate its seasonal rhythms. Revenue peaks sharply in July and August — reaching $5,324 and $6,213 respectively — while fall foliage season keeps October strong at $5,290. The quieter months from March through April see averages dip to around $2,237–$2,418, making this a market where smart pricing and off-season marketing matter. With above-average revenue-to-price fundamentals and stable occupancy, the overall picture is one of solid earning potential tempered by the need to plan for seasonal softness."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Middlebury

Average revenue by month in Middlebury

Middlebury displays strong seasonality, with August ($6,213) delivering nearly three times the revenue of the slowest month, April ($2,237). A secondary peak in October ($5,290) — likely driven by fall foliage tourism — extends the high-earning window, making the July-through-October stretch the critical revenue period for investors.

Active Airbnb listings by property size in Middlebury

One-bedroom listings dominate the supply at 26 of 72 total properties, while 4-bedroom homes represent just 9 listings — a potential supply gap given their significantly higher revenue potential. Two- and 3-bedroom properties are nearly evenly split at 18 and 17 respectively, suggesting moderate competition in the mid-size range.

Average daily rate (ADR) by property size in Middlebury

ADR scales dramatically with property size in Middlebury, jumping from $172 for 1-bedroom units to $795 for 4-bedroom homes — a 4.6x premium. The steepest dollar increase occurs between 3-bedrooms ($517) and 4-bedrooms ($795), suggesting that larger properties command a significant per-night premium that can offset their higher acquisition costs.

Average RevPAN by property size in Middlebury

Four-bedroom properties deliver the highest RevPAN at $343, more than four times the $75 earned by 1-bedroom listings. Three-bedroom units also perform well at $275, indicating that larger properties generate substantially more revenue per available night even after factoring in their varying occupancy rates.

Average occupancy rates by property size in Middlebury

Three-bedroom properties lead in occupancy at 53%, outpacing all other sizes and standing well above the market average of 44%. Two-bedroom listings trail at just 38%, which may signal an oversupply relative to demand for that configuration, while 1-bedroom and 4-bedroom units both hover around 43–44%.

Average monthly revenue by property size in Middlebury

Monthly revenue climbs steadily with size, from $2,423 for 1-bedroom listings to $7,130 for 4-bedroom properties — a nearly 3x increase. Three-bedroom units represent a compelling middle ground at $5,049 per month, combining strong occupancy (53%) with respectable nightly rates.

Average annual revenue by property size in Middlebury

Four-bedroom properties are the clear top earners at $85,570 annually, nearly triple the $29,087 generated by 1-bedroom listings. For investors focused on maximizing revenue potential, 3-bedroom ($60,596) and 4-bedroom homes offer the strongest return configurations, though acquisition costs and available inventory should factor into the decision.

Most common amenities for Airbnb listings in Middlebury

Parking is nearly universal at 99% of listings — essential in a rural Vermont market — followed by kitchen access (82%) and backyard space (74%). The prevalence of workspaces (58%) and self check-in (58%) signals that guests expect both remote-work readiness and convenience, while the relatively low penetration of EV chargers (15%) and pet-friendly listings (28%) may represent differentiation opportunities.

Understanding Middlebury's ROI Score: 71/100

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

Middlebury's ROI score of 71 out of 100 places it in the 'Attractive Opportunity' band, reflecting a market where the revenue generated by STR properties compares favorably to local home values. The score is bolstered by above-average marks in both revenue-to-price ratio and occupancy stability, though a below-average market growth trend tempers the outlook slightly. Investors should pair these data-driven insights with thorough local regulatory research to build a complete picture before committing capital.

Short-Term Rental Regulations in Middlebury

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

Permit Requirements

Short-term rental operators in Middlebury, VT may need to register their property and obtain a local permit or state lodging license before listing on platforms. Investors should verify current requirements with the Town of Middlebury and the Vermont Department of Taxes, as rules can change.

Key Restrictions

Common restrictions in Vermont communities can include occupancy limits, minimum-stay requirements, noise and parking regulations, and potential HOA restrictions for properties in managed developments. Some municipalities may also impose caps on the number of STR permits issued, so it's important to research local ordinances before purchasing.

Tax Obligations

Vermont requires short-term rental operators to collect the state's rooms and meals tax on stays. Platforms like Airbnb often handle collection and remittance, but hosts should confirm their obligations with the Vermont Department of Taxes to ensure full compliance.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Middlebury's STR market is expected to maintain steady seasonal demand, with summer and fall continuing to deliver the strongest returns. ADR may remain in the $370–$390 range given that it already sits below the Vermont state average of $452, leaving some room for modest rate increases as hosts refine pricing strategies. While market growth trend data signals below-average momentum, the above-average revenue-to-price ratio and occupancy stability should support consistent cash flow for well-managed properties. Investors should monitor the 165% year-over-year listing growth closely, as rapid supply expansion could put downward pressure on occupancy if demand doesn't keep pace."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Middlebury, VT

What is the average Airbnb occupancy rate in Middlebury?

The average occupancy rate for Airbnb listings in Middlebury is currently 44%, which sits below the Vermont state average of 51%. Occupancy varies by property size — 3-bedroom listings lead at 53%, while 2-bedroom properties average 38%. Investors who optimize their listing quality, pricing, and amenities can often outperform the market average.

How much do Airbnb hosts make in Middlebury?

Airbnb hosts in Middlebury earn an average of $3,752 per month, which translates to roughly $45,030 annually based on trailing 12-month data. Revenue varies significantly by property size: 1-bedroom listings average about $29,087 per year, while 4-bedroom properties can generate approximately $85,570 annually. Seasonal peaks in summer and fall drive the strongest months of income.

Is Middlebury a good market for Airbnb investment?

Middlebury earns an ROI score of 71 out of 100 from Rabbu, classified as an 'Attractive Opportunity.' The market benefits from an above-average revenue-to-price ratio and stable occupancy, making it a compelling option for investors. However, the market growth trend is rated below average, so investors should weigh the strong current fundamentals against the pace of future demand expansion. The relatively small supply of 72 listings also means there's limited direct competition at the moment.

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

The average daily rate in Middlebury is $376, which is below the Vermont state average of $452. Rates scale considerably with property size — from $172 for 1-bedroom listings up to $795 for 4-bedroom properties. This tiered pricing reflects the premium that larger homes can command, particularly during peak tourist seasons.

Are short-term rentals legal in Middlebury?

Short-term rentals operate in Middlebury, VT, but hosts may need to obtain permits or register with local authorities and the state. Regulations can include occupancy limits, parking requirements, and tax obligations. We recommend consulting the Town of Middlebury and the Vermont Department of Taxes for the most current rules before listing a property.

When is peak season for Airbnb in Middlebury?

Peak season in Middlebury runs from July through October. August is the highest-earning month with average revenue of $6,213, followed closely by July at $5,324 and October at $5,290 — likely boosted by Vermont's famous fall foliage. The slowest months are March and April, when average revenue dips to around $2,237–$2,418.

How many Airbnbs are there in Middlebury?

There are currently 72 active Airbnb listings in Middlebury as of April 2026. The supply has grown 165% year over year, indicating rising investor interest in the market. One-bedroom listings make up the largest share at 26 properties, followed by 2-bedrooms (18), 3-bedrooms (17), and 4-bedrooms (9).

How is Airbnb revenue calculated in Middlebury?

The annual and monthly revenue figures shown for Middlebury are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market — they are not forward-looking projections. We average each comparable listing's actual revenue per available night (RevPAN) by month over the past year, remove regional outliers, and roll the remainder up to a market-level historical average. This approach anchors the figures to what hosts have actually earned recently while naturally reflecting seasonal peaks and slower months, since each month uses its own historical performance. Individual 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 Middlebury, VT market
• Average daily rate, occupancy, and RevPAN metrics tracked over time
• Monthly and annual revenue estimates based on trailing 12-month booking data
• Property size breakdowns covering listings from 1 to 4+ bedrooms
• Home value benchmarks sourced from the Zillow Home Value Index (ZHVI)

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 12-month averages and may not capture recent market shifts or emerging trends. Local regulations, tax requirements, and permit rules are subject to change — always verify with municipal and state authorities before investing.