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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Saratoga offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Saratoga, Wyoming is a small-town mountain market with just 26 active Airbnb listings, creating an uncrowded playing field for STR investors willing to cater to outdoor recreation and hot-springs tourism. Average annual revenue sits at $30,608 against an average home value of $474,351, and the market's ROI score of 67 out of 100 signals an attractive opportunity with above-average growth trends. While occupancy runs at 32% — well below the Wyoming state average of 48% — strong summer revenue that peaks above $4,200 in July helps compensate, and the limited supply means there's room for well-positioned listings to capture outsized share.
According to Rabbu market data, the Saratoga short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 26 |
| Average Daily Rate (ADR) | vs. $569 state avg. | $184 |
| Average Occupancy Rate | vs. 48% state avg. | 32% |
| RevPAN | ADR * Occupancy Rate | $58 |
| Average Monthly Revenue | Historical 12-month average | $2,550 |
| Average Annual Revenue | Historical 12-month average | $30,608 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
Saratoga's combination of limited supply, above-average market growth, and accessible property prices relative to resort-market peers makes it appealing for investors seeking a mountain-recreation niche.
Key investment factors
"With an ROI score of 67 and an 'Attractive Opportunity' designation, Saratoga presents a compelling niche investment for operators who can tolerate pronounced seasonality. Revenue swings sharply from a winter low of roughly $981 in February to a summer peak of $4,214 in July, meaning cash-flow planning needs to account for several lean months. The upside is a market with above-average growth momentum, very limited competition, and ADRs that — while modest at $184 compared to the $569 state average — pair with low enough property costs to make the math work. Investors who optimize pricing and amenities for the summer rush while developing a winter marketing strategy stand to do well here."
— Rabbu Market Analysis Team
Saratoga's revenue profile is sharply seasonal: July leads at $4,214, closely followed by August ($4,168) and June ($3,980), while February bottoms out at just $981 — a more than 4x spread between peak and trough. Investors should expect roughly 60% of annual revenue to concentrate in the five-month window from June through October.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$1,303 |
| February |
|
$981 |
| March |
|
$1,429 |
| April |
|
$1,285 |
| May |
|
$2,317 |
| June |
|
$3,980 |
| July |
|
$4,214 |
| August |
|
$4,168 |
| September |
|
$3,447 |
| October |
|
$3,544 |
| November |
|
$2,243 |
| December |
|
$1,691 |
Three-bedroom properties dominate the market with 13 of the 20 size-reported listings, while two-bedroom units account for the remaining 7. The absence of one-bedroom, studio, or 4+ bedroom listings could represent either limited demand for those configurations or an untapped niche worth exploring.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
7 |
| 3 bedrooms |
|
13 |
ADR scales meaningfully with size: three-bedroom listings average $211 per night versus $164 for two-bedroom properties, a 29% premium. That jump suggests guests in Saratoga are willing to pay for extra space, making three-bedroom homes the stronger option from a nightly-rate perspective.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$164 |
| 3 bedrooms |
|
$211 |
Three-bedroom listings deliver a RevPAN of $66 compared to $50 for two-bedroom units, a 32% advantage that holds even though occupancy rates are nearly identical. This confirms that the ADR premium on larger properties translates directly into better per-night revenue efficiency.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$50 |
| 3 bedrooms |
|
$66 |
Occupancy rates are virtually flat across property sizes — 31% for two-bedroom and 32% for three-bedroom listings. This consistency means the revenue advantage of larger properties comes entirely from higher nightly rates rather than fuller calendars.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
31% |
| 3 bedrooms |
|
32% |
Three-bedroom properties earn an average of $2,449 per month versus $1,941 for two-bedroom units, a $508 monthly gap that adds up to over $6,000 annually. For investors choosing between the two, the incremental revenue from a third bedroom comfortably justifies the typical cost difference.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$1,941 |
| 3 bedrooms |
|
$2,449 |
At $29,395 per year, three-bedroom listings in Saratoga generate roughly 26% more annual revenue than two-bedroom properties at $23,295. Given that three-bedroom homes also represent the market's dominant listing type, they offer the most proven return profile for new investors entering this market.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$23,295 |
| 3 bedrooms |
|
$29,395 |
Parking is universal (100%) and kitchens nearly so (96%), reflecting that Saratoga guests expect self-sufficient, drive-to accommodations. Outdoor-oriented amenities like patios (65%), backyards (54%), and BBQ grills (46%) are common, while differentiators like hot tubs (4%) and waterfront access (12%) remain rare — suggesting these could be powerful competitive advantages.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
100% |
| Kitchen |
|
96% |
| Self Check-in |
|
85% |
| Dryer |
|
77% |
| Washer |
|
77% |
| Patio or Balcony |
|
65% |
| Outdoor Furniture |
|
58% |
| Backyard |
|
54% |
| BBQ Grill |
|
46% |
| Pets |
|
42% |
| Workspace |
|
42% |
| Waterfront |
|
12% |
| Hot Tub |
|
4% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Saratoga Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Average | 40% |
| Occupancy Stability | Average | 30% |
| Market Growth Trend | Above average | 15% |
| Supply/Demand Balance | Average | 15% |
Saratoga's ROI score of 67 out of 100 places it in the 'Attractive Opportunity' band, driven by average revenue-to-price and occupancy stability metrics alongside above-average market growth. The above-average growth factor is particularly encouraging, suggesting that traveler demand is outpacing supply additions in this small Wyoming market. Investors should pair these data points with local regulatory research and a realistic seasonal cash-flow model to confirm the opportunity fits their portfolio goals.
Understanding local STR regulations is essential before investing in Saratoga. Here's the current regulatory landscape:
Short-term rental operators in Saratoga, Wyoming may need to register or obtain a permit through the Town of Saratoga and comply with any applicable Carbon County or state-level requirements. Investors should verify current permit and licensing obligations directly with local authorities before listing a property.
Common STR restrictions in Wyoming municipalities can include occupancy limits per bedroom, minimum stay requirements, noise ordinances, parking provisions, and signage or safety standards. HOA covenants may impose additional constraints — particularly in newer developments — so reviewing CC&Rs is essential before purchasing.
Wyoming has no state income tax, but STR operators are generally subject to state and county lodging taxes and may owe local sales tax as well. Platforms like Airbnb often collect and remit some of these taxes automatically, though hosts should confirm their full obligations with the Wyoming Department of Revenue.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Saratoga can provide current regulatory guidance.
Financing an Airbnb investment in Saratoga requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, expect Saratoga's summer-driven demand to remain the primary revenue engine, with June through October likely accounting for the bulk of annual earnings. Above-average market growth trends suggest listing counts and traveler interest are both expanding, which could push ADR up modestly by 2–4% during peak months. Winter occupancy will likely stay soft in the low-to-mid 20% range unless operators actively market to snowmobile, ice-fishing, or hot-springs visitors. Investors should plan conservatively around $2,400–$2,700 in average monthly revenue and treat any winter bookings as upside."
— 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. Market data reflects a small sample of 26 listings; individual property performance may deviate significantly from averages. Local regulations, tax obligations, and permit requirements are subject to change — always verify with local authorities before investing.
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