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View PropertiesAs of Apr, 27 2026
Onalaska, WI is a compact short-term rental market with just 18 active Airbnb listings, offering a relatively uncrowded playing field for investors willing to target the right property type. With an average daily rate of $185—roughly half the Wisconsin state average—and an average annual revenue of $23,576 across all listings, the market leans toward affordability rather than premium pricing. The area's proximity to the Mississippi River bluffs and outdoor recreation likely drives seasonal demand, with summer months showing the strongest revenue performance.
According to Rabbu market data, the Onalaska short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 18 |
| Average Daily Rate (ADR) | vs. $368 state avg. | $185 |
| Average Occupancy Rate | vs. 38% state avg. | 35% |
| RevPAN | ADR * Occupancy Rate | $65 |
| Average Monthly Revenue | Historical 12-month average | $1,964 |
| Average Annual Revenue | Historical 12-month average | $23,576 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026.
Investors look at Onalaska for its low competition, strong seasonal outdoor recreation demand, and the outsized performance gap between larger and smaller properties.
Key investment factors
"Onalaska represents a modest but focused opportunity in western Wisconsin's recreational corridor. The market's small supply of 18 listings keeps competition manageable, though overall revenue levels are moderate—averaging $1,964 per month across property types. Seasonality is pronounced: revenues roughly triple from January's $884 low to May's $2,662 peak, so investors should plan cash flow around a strong May-through-October window with leaner winter months. Three-bedroom properties stand out as the clear performers, commanding higher occupancy and significantly better revenue per available night than one-bedrooms."
— Rabbu Market Analysis Team
Revenue in Onalaska follows a clear seasonal pattern, peaking in May at $2,662 and bottoming out in January at just $884—a 3x spread that underscores the importance of summer and fall bookings. The warm-season plateau from May through October keeps monthly revenue above $2,200, giving hosts a solid six-month earning window before the winter slowdown.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$884 |
| February |
|
$1,330 |
| March |
|
$1,537 |
| April |
|
$1,454 |
| May |
|
$2,662 |
| June |
|
$2,624 |
| July |
|
$2,500 |
| August |
|
$2,598 |
| September |
|
$2,297 |
| October |
|
$2,333 |
| November |
|
$1,807 |
| December |
|
$1,546 |
The market's 18 listings are heavily concentrated in one-bedroom units (11 listings), with three-bedroom properties making up just 5 listings. Given the dramatically better performance of three-bedroom homes, the one-bedroom segment appears relatively oversupplied, potentially signaling opportunity for investors who can offer larger accommodations.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
11 |
| 3 bedrooms |
|
5 |
ADR more than doubles from $138 for one-bedroom units to $307 for three-bedroom properties, reflecting strong guest willingness to pay a premium for additional space. The per-bedroom premium is substantial, making larger properties the more efficient earners on a nightly-rate basis in this market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$138 |
| 3 bedrooms |
|
$307 |
Three-bedroom listings deliver a RevPAN of $178—more than six times the $29 earned by one-bedroom properties—driven by both higher nightly rates and significantly better occupancy. This stark gap makes three-bedroom homes the clear revenue engine in Onalaska's STR landscape.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$29 |
| 3 bedrooms |
|
$178 |
Three-bedroom properties maintain a 58% occupancy rate, well above the one-bedroom average of 21%, suggesting that guests seeking Onalaska accommodations strongly prefer larger units suited for families or groups. The low occupancy among one-bedrooms raises cash-flow concerns for that property type and may reflect oversupply relative to demand.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
21% |
| 3 bedrooms |
|
58% |
Three-bedroom listings average $3,424 per month compared to $1,289 for one-bedrooms, a gap of over $2,100 that reflects the compounding effect of higher rates and stronger occupancy. Investors considering Onalaska should weigh whether the higher acquisition cost of a three-bedroom is justified by its substantially larger revenue stream.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$1,289 |
| 3 bedrooms |
|
$3,424 |
At $41,094 annually, three-bedroom properties generate roughly 2.7 times the $15,475 earned by one-bedroom units, making them the standout configuration for return potential. This revenue differential is large enough to meaningfully impact investment underwriting and suggests the market rewards properties that can accommodate groups.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$15,475 |
| 3 bedrooms |
|
$41,094 |
Parking is universally offered (100%), while backyards, self check-in, and patios appear in over 70% of listings—signaling that guests expect a comfortable, independent outdoor experience. Lake access (50%) and waterfront location (33%) further highlight the recreational character of the market, and investors who can offer these features may gain a competitive edge.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
100% |
| Backyard |
|
83% |
| Self Check-in |
|
83% |
| Patio or Balcony |
|
72% |
| BBQ Grill |
|
67% |
| Kitchen |
|
67% |
| Workspace |
|
61% |
| Dryer |
|
50% |
| Lake Access |
|
50% |
| Outdoor Furniture |
|
50% |
| Washer |
|
50% |
| Waterfront |
|
33% |
| Pets |
|
28% |
| Hot Tub |
|
6% |
Understanding local STR regulations is essential before investing in Onalaska. Here's the current regulatory landscape:
Short-term rental operators in Onalaska, WI should verify whether a local permit or tourist rooming house license is required, as Wisconsin state law generally requires registration for properties rented for fewer than 30 consecutive days. Investors are encouraged to check with the City of Onalaska and La Crosse County for the most current requirements before listing a property.
Common restrictions that may apply include occupancy limits tied to property size, noise and nuisance ordinances, parking requirements, and potential HOA rules depending on the neighborhood. Some Wisconsin municipalities also impose minimum stay requirements or cap the number of STR permits issued in certain zones, so reviewing local zoning and any pending ordinance changes is advisable.
Wisconsin imposes a state sales tax and a room tax on short-term rentals, and La Crosse County or the City of Onalaska may levy additional local room taxes. Major platforms like Airbnb often collect and remit state taxes on behalf of hosts, but operators should confirm their local tax obligations to remain compliant.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Onalaska can provide current regulatory guidance.
Financing an Airbnb investment in Onalaska requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Onalaska's STR market is expected to maintain its seasonal rhythm, with monthly revenues peaking in the $2,500–$2,700 range from May through October before tapering during winter. Three-bedroom properties appear particularly well-positioned, as their 58% occupancy rate and $41,094 annual revenue suggest steady group and family demand that could strengthen as outdoor tourism continues to grow in western Wisconsin. ADR may see modest increases of 1–3% as the market matures, though the small listing count means individual property performance could vary meaningfully from market averages."
— 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. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Local regulations, permit requirements, and tax obligations may change; always verify current rules with municipal and county authorities before investing. Individual property results will vary based on location, condition, pricing strategy, amenities, and management quality.
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