Onancock, VA Airbnb Market Data, Statistics, and Occupancy Rates

Onancock Short-Term Rental Market Overview

Onancock, VA is a small Eastern Shore market where favorable revenue-to-property-price ratios create an attractive entry point for short-term rental investors. With just 24 active Airbnb listings, the market is compact, and average annual revenue reaches $43,713 against average home values of roughly $470K. Summer months drive the bulk of income, with July revenue peaking near $8,709—making this a seasonally concentrated but potentially rewarding market for investors who price accordingly and manage cash flow through the quieter winter months.

Key Market Statistics

According to Rabbu market data, the Onancock 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 Onancock

Investors consider Onancock for its above-average revenue-to-price ratio and limited supply that keeps competition low in a waterfront-oriented vacation destination.

Expert Market Assessment

"Onancock presents a moderate-to-attractive opportunity for STR investors who understand its seasonal dynamics. The ROI score of 63 out of 100 reflects a market where strong revenue relative to home prices is tempered by below-average occupancy stability and softer growth trends. Peak season runs from June through August, when monthly revenue can exceed $8,000, while winter months like February dip below $1,000—making effective pricing and expense management through off-peak periods critical. For investors comfortable with a summer-weighted income profile, the limited supply and waterfront character of this Eastern Shore town offer a compelling niche."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Onancock

Average revenue by month in Onancock

Onancock's revenue is highly seasonal, with July ($8,709) and August ($8,500) generating roughly 7–9 times the income of the slowest months like February ($949) and January ($1,145). Investors should expect to earn the majority of their annual income during a concentrated June–August window, making off-season cost management essential.

Active Airbnb listings by property size in Onancock

The supply in Onancock is split between one-bedroom (5 listings) and four-bedroom (6 listings) properties, with limited representation of two- and three-bedroom configurations. This gap in mid-size inventory could signal an opportunity for investors to differentiate with two- or three-bedroom offerings that serve couples or small families.

Average daily rate (ADR) by property size in Onancock

ADR roughly doubles from one-bedroom listings at $127 per night to four-bedroom properties at $256. The premium for larger homes is substantial, and with acquisition costs not necessarily scaling proportionally, four-bedroom units may offer a stronger rate-to-investment ratio.

Average RevPAN by property size in Onancock

Four-bedroom properties deliver a RevPAN of $43 compared to just $13 for one-bedroom units, reflecting both higher nightly rates and moderately better occupancy. This more than threefold difference underscores how larger properties capture significantly more revenue per available night in this market.

Average occupancy rates by property size in Onancock

Occupancy rates are low across the board—11% for one-bedroom listings and 17% for four-bedroom properties—reflecting the market's sharp seasonality rather than lack of demand during peak months. Four-bedroom units maintain a meaningful occupancy edge, suggesting group and family travelers drive more consistent bookings.

Average monthly revenue by property size in Onancock

Four-bedroom properties average $4,098 per month, more than double the $1,840 that one-bedroom listings generate. For investors seeking higher monthly cash flow, larger properties clearly outperform, though both tiers are subject to significant seasonal variation.

Average annual revenue by property size in Onancock

At $49,182 in average annual revenue, four-bedroom properties outpace one-bedroom units ($22,083) by roughly $27K per year. This makes the four-bedroom segment the stronger income play, particularly for investors who can secure favorable acquisition pricing relative to that revenue.

Most common amenities for Airbnb listings in Onancock

Kitchens and parking are universal at 100% of listings, while backyards (88%), self check-in (83%), and outdoor furniture (79%) are near-standard—reflecting a market geared toward relaxed, self-sufficient vacation stays. Waterfront access appears in 63% of listings, signaling that proximity to the water is a key differentiator that guests in this Eastern Shore market expect.

Understanding Onancock's ROI Score: 63/100

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

Onancock's ROI score of 63 out of 100 places it in the 'Attractive Opportunity' band, driven primarily by an above-average revenue-to-price ratio that makes entry costs look favorable against achievable income. However, below-average occupancy stability and market growth trend remind investors that this is a seasonal, niche market where returns depend heavily on summer performance. Pairing this data with thorough local regulatory research and a realistic seasonal budget will give investors the clearest picture of what to expect.

Short-Term Rental Regulations in Onancock

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

Permit Requirements

Short-term rental operators in Onancock, Virginia may need to obtain a local business license or STR permit before listing a property. Investors should verify current permit requirements directly with the Town of Onancock and Accomack County, as regulations in smaller Virginia municipalities can evolve.

Key Restrictions

Common restrictions that may apply include occupancy limits, minimum stay requirements, noise ordinances, and parking mandates. HOA covenants in some communities may impose additional limitations on rental activity, and investors should review any applicable zoning rules before purchasing a property.

Tax Obligations

Virginia imposes a state sales tax and localities may collect transient occupancy taxes on short-term rentals. Platforms like Airbnb often collect and remit some of these taxes automatically, but hosts should confirm their full obligations with the Virginia Department of Taxation and local tax offices.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Onancock's short-term rental market is likely to remain heavily seasonal, with the June-through-August window generating the lion's share of annual income. ADR may see modest upward pressure in the range of 1–3% as the small supply base (24 listings) keeps competition manageable, though occupancy could remain in the low-to-mid 20% range on an annualized basis given the market's pronounced off-season. The 173% year-over-year growth in active listings signals rising investor interest, which warrants monitoring for supply saturation in what is still a very small inventory pool."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Onancock, VA

What is the average Airbnb occupancy rate in Onancock?

The average occupancy rate for Airbnb listings in Onancock is currently 22%, which sits below the Virginia state average of 34%. This reflects the market's strong seasonality—summer months drive high demand while winter sees significantly less booking activity. Properties with waterfront access and competitive pricing strategies tend to outperform this average.

How much do Airbnb hosts make in Onancock?

On average, Airbnb hosts in Onancock earn approximately $3,642 per month or $43,713 annually, based on trailing 12-month performance data. Revenue varies significantly by property size: one-bedroom listings average around $22,083 per year, while four-bedroom properties bring in roughly $49,182. Summer months account for the majority of annual income, with July alone averaging $8,709.

Is Onancock a good market for Airbnb investment?

Onancock scores 63 out of 100 on Rabbu's ROI Score, placing it in the 'Attractive Opportunity' category. The market's strongest attribute is its above-average revenue-to-price ratio, meaning the income potential compares favorably against property acquisition costs. However, occupancy stability and market growth trend score below average, so investors should plan for pronounced seasonal swings and budget accordingly for off-peak months.

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

The average daily rate in Onancock is $269, which is below Virginia's statewide average of $339. ADR varies considerably by property size—one-bedroom listings average $127 per night, while four-bedroom properties command $256 per night. The lower overall ADR relative to the state reflects the market's small-town, seasonal character rather than a lack of demand during peak periods.

Are short-term rentals legal in Onancock?

Short-term rentals are generally permitted in Onancock, VA, though operators should verify current local licensing and permit requirements with the Town of Onancock and Accomack County. Virginia municipalities may impose rules around occupancy limits, noise, and parking, and applicable transient occupancy taxes must be collected and remitted. It's always wise to confirm the latest regulations before purchasing or listing a property.

When is peak season for Airbnb in Onancock?

Peak season in Onancock runs from June through August, with July being the highest-earning month at an average of $8,709 in revenue. August follows closely at $8,500. Revenue drops sharply from September onward, and the slowest months are January ($1,145) and February ($949). This pattern is consistent with a coastal vacation market on Virginia's Eastern Shore.

How many Airbnbs are there in Onancock?

As of April 2026, there are 24 active Airbnb listings in Onancock. This is a small market, though year-over-year listing growth of 173% indicates rapidly increasing investor and host interest. The limited inventory is currently split between one-bedroom properties (5 listings) and four-bedroom properties (6 listings), with the remainder in other sizes.

How is Airbnb revenue calculated in Onancock?

The annual and monthly revenue figures shown for Onancock are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market—not a forward-looking projection. We average each comparable listing's actual revenue per available night (RevPAN) by month over the past year, remove regional outliers, and aggregate the results into a market-level historical average. Because each month uses its own historical performance, the figures naturally reflect seasonal peaks and slower periods. 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 Onancock market
• Average daily rate, occupancy, and RevPAN metrics by property size
• Monthly and annual revenue trends based on trailing 12-month booking data
• Popular amenity prevalence across active listings
• Home value data 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 Apr, 27 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 very recent market shifts. Local regulations, HOA rules, and tax obligations vary and should be independently verified before investing.