Milledgeville, GA Airbnb Market Data, Statistics, and Occupancy Rates

Milledgeville Short-Term Rental Market Overview

Milledgeville, GA presents an attractive short-term rental opportunity with an ROI score of 62 out of 100, driven largely by an above-average revenue-to-price ratio. With just 50 active Airbnb listings and average annual revenue of $31,368 against home values averaging $470,344, the market offers a favorable entry point for investors seeking lake and outdoor-oriented destinations. Listing growth of 133% year-over-year signals rising investor interest, though the market's 23% occupancy rate sits below the Georgia state average of 32%, leaving room for well-positioned properties to outperform.

Key Market Statistics

According to Rabbu market data, the Milledgeville short-term rental market shows:

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.

Why Investors Consider Milledgeville

Milledgeville's combination of relatively affordable home prices, lakefront appeal, and above-average revenue-to-price dynamics makes it a compelling market for investors seeking yield in a smaller Georgia destination.

Expert Market Assessment

"Milledgeville earns an "Attractive Opportunity" designation with a score of 62, reflecting a market where favorable property prices relative to revenue potential offset softer occupancy figures. Seasonality is moderate — revenue peaks in July ($3,436) and October ($3,420) while February marks the low point at $1,373, creating a roughly 2.5x spread between best and worst months. The supply-demand balance and growth trend are both average, suggesting the market isn't overheated but also isn't surging with new demand. Investors who target 3- or 4-bedroom properties with lake access and outdoor amenities are best positioned to capture the strongest returns in this emerging market."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Milledgeville

Average revenue by month in Milledgeville

Revenue in Milledgeville peaks in July ($3,436) and October ($3,420), likely driven by summer lake tourism and fall events, while February marks the trough at $1,373 — a roughly 2.5x seasonal swing that investors should factor into cash-flow planning. The spring and summer months generally sustain revenue above $2,400, providing a solid multi-month earning window.

Active Airbnb listings by property size in Milledgeville

Three-bedroom properties dominate supply with 16 listings, followed by 2-bedrooms at 14, while 1-bedroom (6) and 4-bedroom (8) units are notably less common. The scarcity of larger 4-bedroom homes, combined with their strong revenue performance, may represent an undersupplied niche worth targeting.

Average daily rate (ADR) by property size in Milledgeville

ADR scales steeply with size in Milledgeville, jumping from $153 for 2-bedroom units to $234 for 3-bedrooms and $357 for 4-bedrooms — a premium that reflects strong demand for larger group-friendly properties. Interestingly, 1-bedroom listings command a higher ADR ($188) than 2-bedrooms, possibly due to boutique or uniquely positioned units in the market.

Average RevPAN by property size in Milledgeville

Four-bedroom properties lead RevPAN at $77, followed closely by 3-bedrooms at $69, while smaller units lag significantly at $31 (2-bed) and $24 (1-bed). This gap underscores that larger properties generate meaningfully more revenue per available night, making them the stronger investment from a yield perspective.

Average occupancy rates by property size in Milledgeville

Three-bedroom listings achieve the highest occupancy at 29%, outperforming even 4-bedrooms (22%) and well ahead of 1-bedrooms at just 13%. The relatively narrow spread between 2-, 3-, and 4-bedroom occupancy (20–29%) suggests mid-sized and larger homes capture the most consistent booking demand in this market.

Average monthly revenue by property size in Milledgeville

Four-bedroom properties are the top monthly earners at $3,834, nearly doubling the revenue of 1- and 2-bedroom units (both around $1,656–$1,675). Three-bedroom homes generate a solid $2,688 per month, offering a strong middle-ground option for investors who want reliable revenue without the higher acquisition cost of a 4-bedroom.

Average annual revenue by property size in Milledgeville

Annual revenue jumps dramatically with size: 4-bedroom properties average $46,018 — more than double the $19,880–$20,108 range for 1- and 2-bedroom units. Three-bedroom listings land at $32,264 annually, making the 3- and 4-bedroom segments the most compelling configurations for maximizing annual return potential in Milledgeville.

Most common amenities for Airbnb listings in Milledgeville

Parking (96%), self check-in (90%), and a full kitchen (90%) are near-universal, setting a high baseline for guest expectations. Lake access and waterfront placement appear in 60% of listings, signaling that proximity to water is a defining feature of the Milledgeville STR market — properties without this amenity may face a meaningful competitive disadvantage.

Understanding Milledgeville's ROI Score: 62/100

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

Milledgeville's ROI score of 62 out of 100 places it in the "Attractive Opportunity" band, driven primarily by an above-average revenue-to-price ratio — meaning the income potential relative to acquisition costs is better than many comparable markets. Occupancy stability scores below average, which tempers the overall rating and highlights the importance of strategic pricing and targeting the right property type. Investors should pair these metrics with local regulatory research and property-level due diligence to build a complete picture before committing.

Short-Term Rental Regulations in Milledgeville

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

Permit Requirements

Short-term rental operators in Milledgeville, Georgia may be required to obtain permits or register their property with local authorities before listing on platforms like Airbnb. Investors should verify current permit and licensing requirements directly with the City of Milledgeville and Baldwin County offices before purchasing.

Key Restrictions

Common STR restrictions that may apply include occupancy limits, minimum stay requirements, noise ordinances, and parking regulations. HOA rules can also impose additional limitations, so investors should review any applicable covenants or community guidelines for the specific property they're considering.

Tax Obligations

Short-term rental hosts in Georgia are generally subject to state and local occupancy taxes, as well as applicable sales tax. Many booking platforms collect and remit these taxes on behalf of hosts, but operators should confirm their specific obligations with the Georgia Department of Revenue and local tax authorities.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Milledgeville's STR market is expected to continue growing as supply catches up with interest in lake-access properties and outdoor getaways. Occupancy rates may stabilize or improve modestly as the market matures and operators refine pricing strategies — we estimate occupancy settling in the 25–30% range for well-managed listings. ADR could see incremental gains of 2–5% as larger, premium properties capture more group and family bookings, particularly during the July and October peak windows. Investors should monitor the pace of new supply entering the market, given the 133% year-over-year listing growth, to ensure demand keeps pace."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Milledgeville, GA

What is the average Airbnb occupancy rate in Milledgeville?

The average occupancy rate for Airbnb listings in Milledgeville is currently 23%, which falls below the Georgia state average of 32%. Occupancy varies significantly by property size — 3-bedroom listings lead at 29%, while 1-bedroom units sit at just 13%. Strategic pricing and amenity investments, particularly lake access, can help individual properties outperform the market average.

How much do Airbnb hosts make in Milledgeville?

Airbnb hosts in Milledgeville earn an average of $2,614 per month, which translates to approximately $31,368 per year based on trailing 12-month data. Revenue varies considerably by property size: 4-bedroom listings generate the most at roughly $3,834 per month ($46,018 annually), while 1- and 2-bedroom units average closer to $1,656–$1,675 per month. Peak months like July and October can push monthly revenue above $3,400.

Is Milledgeville a good market for Airbnb investment?

Milledgeville scores a 62 out of 100 on Rabbu's ROI Score, placing it in the "Attractive Opportunity" category. The market benefits from an above-average revenue-to-price ratio, meaning the income potential relative to property acquisition costs is favorable. With only 50 active listings, competition remains relatively low. However, the below-average occupancy stability means investors should focus on optimizing pricing and targeting the right property types — particularly 3- and 4-bedroom homes with lake access — to maximize returns.

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

The average daily rate across all Milledgeville Airbnb listings is $251, which is below the Georgia state average of $299. ADR scales significantly with property size: 1-bedroom listings average $188, 2-bedrooms average $153, 3-bedrooms command $234, and 4-bedroom properties reach $357 per night. Larger properties with premium amenities and lake access tend to achieve the highest nightly rates.

Are short-term rentals legal in Milledgeville?

Short-term rentals do operate in Milledgeville, Georgia, with 50 active Airbnb listings currently in the market. However, investors should verify specific permit requirements, zoning rules, and any local regulations with the City of Milledgeville and Baldwin County authorities before purchasing a property. State and local tax obligations, including occupancy and sales taxes, also apply to STR operators in Georgia.

When is peak season for Airbnb in Milledgeville?

Peak season in Milledgeville occurs in July and October, when average monthly revenue reaches $3,436 and $3,420 respectively. March, April, and June also perform well, each generating between $2,675 and $2,844. February is the slowest month at $1,373 in average revenue, so investors should plan for seasonal dips during the winter months.

How many Airbnbs are there in Milledgeville?

As of April 2026, there are 50 active Airbnb listings in Milledgeville. The supply has grown 133% year-over-year, indicating rapidly increasing investor and host interest. The majority of listings are 2- and 3-bedroom properties (14 and 16 listings respectively), with smaller counts of 1-bedroom (6) and 4-bedroom (8) units.

How is Airbnb revenue calculated in Milledgeville?

The annual and monthly revenue figures shown for Milledgeville 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 by market
• Occupancy rates, average daily rates, and RevPAN trends across property sizes
• Monthly and annual revenue data based on trailing 12-month booking performance
• Home value benchmarks sourced from Zillow Home Value Index (ZHVI)
• Amenity prevalence data across active listings in the market

Sources and disclaimers

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 performance 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.