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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Monroe offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Monroe, NC is a compact short-term rental market with just 31 active Airbnb listings and an average annual revenue of $24,051 per property. With an ADR of $189 — well below the $262 North Carolina state average — and home values around $485,047, the market offers a moderate entry point for investors looking at the greater Charlotte metro area. An 85% year-over-year increase in active listings signals growing investor interest, and the ROI score of 60 out of 100 reflects a balanced blend of revenue potential and demand stability.
According to Rabbu market data, the Monroe short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 31 |
| Average Daily Rate (ADR) | vs. $262 state avg. | $189 |
| Average Occupancy Rate | vs. 34% state avg. | 30% |
| RevPAN | ADR * Occupancy Rate | $56 |
| Average Monthly Revenue | Historical 12-month average | $2,004 |
| Average Annual Revenue | Historical 12-month average | $24,051 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
Monroe appeals to investors seeking affordable entry into the Charlotte-adjacent North Carolina market with room for growth as supply is still relatively thin.
Key investment factors
"Monroe presents a moderate opportunity for STR investors, supported by its above-average growth trajectory and a small but expanding supply base. Revenue is noticeably seasonal — July peaks near $2,847 while January dips to roughly $1,020 — so cash-flow planning around these swings is essential. The 30% average occupancy rate trails North Carolina's 34% state average, suggesting room to improve through better pricing strategy, amenity upgrades, and targeting the right property size. Investors who focus on 3-bedroom configurations stand to capture meaningfully higher returns than those operating smaller units."
— Rabbu Market Analysis Team
Monroe shows clear seasonality, with July ($2,847) and October ($2,577) leading the revenue calendar and January ($1,020) marking the lowest point — a spread of nearly $1,800 between peak and trough. Investors should expect a pronounced dip in winter months and plan reserves to cover the roughly $1,000–$1,400 revenue range typical of January through February.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$1,020 |
| February |
|
$1,426 |
| March |
|
$2,146 |
| April |
|
$1,980 |
| May |
|
$2,108 |
| June |
|
$2,166 |
| July |
|
$2,847 |
| August |
|
$2,162 |
| September |
|
$1,649 |
| October |
|
$2,577 |
| November |
|
$1,987 |
| December |
|
$1,978 |
Supply in Monroe is split almost exclusively between 1-bedroom (10 listings) and 3-bedroom (13 listings) properties, with no 2-bedroom, 4-bedroom, or larger configurations prominently represented. This gap could signal an opportunity for investors willing to list 2-bedroom or 4+ bedroom properties to capture underserved segments of demand.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
10 |
| 3 bedrooms |
|
13 |
Three-bedroom properties command an ADR of $204 compared to $119 for 1-bedrooms, a 71% premium that reflects the added space and guest capacity. Given that 3-bedroom homes also occupy a larger share of the market, the pricing appears well-supported by demand rather than inflated by scarcity.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$119 |
| 3 bedrooms |
|
$204 |
RevPAN tells a decisive story in Monroe: 3-bedroom properties generate $75 per available night versus just $23 for 1-bedrooms, more than a threefold difference. This gap, driven by both higher ADR and stronger occupancy, makes 3-bedroom units the clear revenue performers on a per-night basis.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$23 |
| 3 bedrooms |
|
$75 |
Three-bedroom listings achieve a 37% occupancy rate, nearly double the 19% rate seen for 1-bedroom units, suggesting guests traveling to Monroe prefer larger accommodations. The low 1-bedroom occupancy could make cash-flow consistency challenging for smaller units and points investors toward larger configurations for more reliable booking volume.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
19% |
| 3 bedrooms |
|
37% |
Monthly revenue for 3-bedroom properties averages $2,591, more than twice the $1,224 earned by 1-bedroom units. This substantial gap underscores how strongly property size influences earning potential in Monroe's market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$1,224 |
| 3 bedrooms |
|
$2,591 |
Three-bedroom properties generate approximately $31,102 in annual revenue, while 1-bedroom listings bring in about $14,699 — a difference of over $16,000 per year. For investors weighing acquisition and furnishing costs, the 3-bedroom configuration offers meaningfully stronger return potential in this market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$14,699 |
| 3 bedrooms |
|
$31,102 |
Parking is universal across Monroe listings at 100%, and kitchens (90%) and laundry (washer at 77%, dryer at 71%) are near-standard — signaling that guests expect a home-like, self-sufficient stay. Outdoor amenities like backyards (61%), outdoor furniture (61%), and BBQ grills (55%) are also prevalent, reflecting the market's suburban character and suggesting that outdoor living space is a competitive differentiator.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
100% |
| Kitchen |
|
90% |
| Washer |
|
77% |
| Dryer |
|
71% |
| Self Check-in |
|
68% |
| Backyard |
|
61% |
| Outdoor Furniture |
|
61% |
| BBQ Grill |
|
55% |
| Pets |
|
45% |
| Workspace |
|
45% |
| Patio or Balcony |
|
42% |
| Waterfront |
|
16% |
| Lake Access |
|
13% |
| Hot Tub |
|
3% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Monroe Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Average | 40% |
| Occupancy Stability | Average | 30% |
| Market Growth Trend | Above average | 15% |
| Supply/Demand Balance | Average | 15% |
Monroe's ROI score of 60 out of 100 places it in the "Attractive Opportunity" band, reflecting a healthy balance between revenue potential and property costs. The score is anchored by average marks on revenue-to-price ratio, occupancy stability, and supply/demand balance, while the above-average market growth trend — evidenced by an 85% year-over-year listing increase — provides upside momentum. Investors should pair this score with thorough local regulatory research and property-level underwriting to validate whether specific deals pencil out.
Understanding local STR regulations is essential before investing in Monroe. Here's the current regulatory landscape:
Short-term rental operators in Monroe, NC may be required to obtain a permit or register their property with the city or Union County before listing. Investors should verify current requirements directly with Monroe's planning and zoning department and check North Carolina state-level rules.
Common restrictions that may apply to STRs in this area include occupancy limits, minimum stay requirements, noise and nuisance ordinances, parking mandates, and HOA restrictions — particularly relevant in newer subdivisions common to the Monroe area. Some jurisdictions also impose caps on the number of permits issued, so checking local ordinances early in the acquisition process is advisable.
North Carolina requires short-term rental operators to collect and remit state and local occupancy taxes, and sales tax may also apply. Many booking platforms handle collection on behalf of hosts, but investors should confirm their obligations with a local tax professional or the North Carolina Department of Revenue.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Monroe can provide current regulatory guidance.
Financing an Airbnb investment in Monroe requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Monroe's STR market is likely to continue expanding given the above-average market growth trend and the sharp rise in new listings over the past year. Seasonal patterns suggest revenue will concentrate in the summer months and October, with softer periods in January and February — investors should plan cash reserves accordingly. ADR could see modest upward pressure in the range of 2–5% as hosts professionalize operations, though occupancy may remain in the 28–33% range as new supply absorbs demand. These are estimates based on recent trends and should be paired with on-the-ground research before committing capital."
— 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 conditions as of April 27, 2026 and may not capture recent regulatory or market changes. Individual property results will vary based on location, condition, pricing strategy, and management quality.
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