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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Russell Springs presents a competitive opportunity: investor interest and demand are strong, but higher prices or tighter competition may require more selective deal sourcing.
Russell Springs, KY is a small but emerging short-term rental market situated near Lake Cumberland — one of Kentucky's premier recreation destinations. With just 11 active Airbnb listings and a 136% year-over-year growth in supply, the market is clearly attracting investor attention, though its 19% average occupancy rate and $23,345 average annual revenue signal a highly seasonal demand pattern that requires careful deal selection. An average daily rate of $211 undercuts the Kentucky state average of $333, but home values averaging $277,895 help maintain a favorable revenue-to-price ratio for investors who can optimize for peak summer months.
According to Rabbu market data, the Russell Springs short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 11 |
| Average Daily Rate (ADR) | vs. $333 state avg. | $211 |
| Average Occupancy Rate | vs. 28% state avg. | 19% |
| RevPAN | ADR * Occupancy Rate | $40 |
| Average Monthly Revenue | Historical 12-month average | $1,945 |
| Average Annual Revenue | Historical 12-month average | $23,345 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
Investors are drawn to Russell Springs for its lake-driven tourism demand, relatively affordable home prices, and a revenue-to-price ratio that sits above the state average despite softer occupancy figures.
Key investment factors
"Russell Springs represents a competitive but niche opportunity best suited for investors comfortable with pronounced seasonality. July is the clear revenue peak at $3,897 per month, while winter months like January ($606) and February ($692) drop sharply — a spread that underscores how dependent this market is on warm-weather lake tourism. The ROI score of 46 out of 100 reflects this tension: the revenue-to-price ratio is above average, but below-average occupancy stability means cash flow will be uneven across the calendar year. Investors who can secure lakefront or lake-access properties and manage costs through the off-season stand the best chance of achieving solid returns."
— Rabbu Market Analysis Team
Russell Springs shows extreme seasonality, with July ($3,897) and August ($3,407) generating roughly six times the revenue of January ($606) and February ($692). This pronounced summer peak — driven by Lake Cumberland tourism — means investors should budget for lean winter months and target aggressive occupancy and pricing strategies during the June–August window.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$606 |
| February |
|
$692 |
| March |
|
$1,767 |
| April |
|
$1,982 |
| May |
|
$1,809 |
| June |
|
$2,978 |
| July |
|
$3,897 |
| August |
|
$3,407 |
| September |
|
$1,939 |
| October |
|
$1,899 |
| November |
|
$1,112 |
| December |
|
$1,253 |
The market's active inventory is concentrated entirely in 4-bedroom properties, which account for 7 of the 11 total listings. This narrow supply mix could signal opportunity for investors willing to offer smaller or larger configurations, though it also suggests that 4-bedroom homes align best with the group and family traveler profile typical of lake vacation markets.
| Size | Trend | Value |
|---|---|---|
| 4 bedrooms |
|
7 |
Four-bedroom properties — the only size category with reportable data — command an average daily rate of $241, modestly above the market-wide ADR of $211. This premium reflects the larger group accommodations these homes provide, which are well-suited to families and vacation parties visiting the lake.
| Size | Trend | Value |
|---|---|---|
| 4 bedrooms |
|
$241 |
Four-bedroom listings deliver a RevPAN of $44, which aligns closely with the market-wide average of $40 and reflects the impact of the 19% occupancy rate on per-night revenue realization. Improving occupancy through competitive pricing or extended shoulder-season availability could meaningfully lift this metric.
| Size | Trend | Value |
|---|---|---|
| 4 bedrooms |
|
$44 |
Four-bedroom properties average a 19% occupancy rate, mirroring the market-wide figure and highlighting the seasonal demand challenge in Russell Springs. Investors should expect rooms filled primarily during summer and plan for significant vacancy during the colder months.
| Size | Trend | Value |
|---|---|---|
| 4 bedrooms |
|
19% |
Four-bedroom listings generate an average of $2,168 per month, slightly above the market-wide average of $1,945. As the dominant property type, these larger homes capture the lion's share of family and group bookings during the Lake Cumberland vacation season.
| Size | Trend | Value |
|---|---|---|
| 4 bedrooms |
|
$2,168 |
At $26,026 in average annual revenue, 4-bedroom properties outpace the overall market average of $23,345, making them the clear configuration of choice for investors in this area. Against an average home value of $277,895, this translates to a gross yield of approximately 9.4%, which is notable for a market with such concentrated seasonality.
| Size | Trend | Value |
|---|---|---|
| 4 bedrooms |
|
$26,026 |
Every active listing in Russell Springs offers a BBQ grill, kitchen, parking, and self check-in — these are table-stakes amenities rather than differentiators. Lake access (55%) and waterfront location (36%) are the most impactful competitive advantages, signaling that proximity to the water is a key booking driver, while hot tubs (18%) and pet-friendliness (18%) represent potential ways to stand out in a small market.
| Amenity | Trend | Value |
|---|---|---|
| BBQ Grill |
|
100% |
| Kitchen |
|
100% |
| Parking |
|
100% |
| Self Check-in |
|
100% |
| Dryer |
|
91% |
| Outdoor Furniture |
|
91% |
| Washer |
|
91% |
| Backyard |
|
73% |
| Lake Access |
|
55% |
| Patio or Balcony |
|
55% |
| Waterfront |
|
36% |
| Hot Tub |
|
18% |
| Pets |
|
18% |
| Workspace |
|
18% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Russell Springs Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Above average | 40% |
| Occupancy Stability | Below average | 30% |
| Market Growth Trend | Average | 15% |
| Supply/Demand Balance | Average | 15% |
Russell Springs earns an ROI Score of 46 out of 100, placing it in the 'Competitive Opportunity' band — meaning the fundamentals are there, but success hinges on selective deal sourcing. The above-average revenue-to-price ratio is the market's strongest factor, while below-average occupancy stability reflects the deep seasonality tied to Lake Cumberland tourism. Investors should pair this data with on-the-ground regulatory research and a realistic cash-flow model that accounts for significant winter vacancy.
Understanding local STR regulations is essential before investing in Russell Springs. Here's the current regulatory landscape:
Short-term rental operators in Russell Springs, Kentucky may need to obtain permits or register their property with local authorities. Investors should verify current requirements with Russell County and the City of Russell Springs before listing, as regulations in smaller Kentucky markets can change with little notice.
Common restrictions that may apply include occupancy limits based on property size, minimum stay requirements, noise ordinances, and parking provisions. Properties within homeowners associations or planned communities may face additional HOA-level restrictions on short-term rentals, so reviewing covenants and deed restrictions is essential before purchasing.
Kentucky imposes a state transient room tax, and Russell Springs may have additional local occupancy or tourism taxes applicable to short-term rentals. Many booking platforms collect and remit state-level taxes automatically, but hosts should confirm local obligations are also covered to remain compliant.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Russell Springs can provide current regulatory guidance.
Financing an Airbnb investment in Russell Springs requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Russell Springs is likely to see continued supply growth given recent listing increases of 136% year-over-year, which could put additional pressure on an already modest occupancy rate. Summer months — particularly June through August — should remain the primary revenue engine, with monthly earnings potentially reaching $2,900–$3,900 during peak season. Investors who time their entry well and price competitively during shoulder months (March–May, September–October) may be able to push annual occupancy into the low-to-mid 20% range. ADR could see modest increases of 2–5% as the market matures and amenity-rich lakefront properties differentiate themselves from the competition."
— 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 trailing 12-month averages and may not capture very recent market shifts or regulatory changes. Individual property results will vary based on location, condition, amenities, pricing strategy, and management quality.
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