Savanna, IL Airbnb Market Data, Statistics, and Occupancy Rates

As of Apr, 27 2026

Rabbu ROI Score

41 / 100

Savanna presents a competitive opportunity: investor interest and demand are strong, but higher prices or tighter competition may require more selective deal sourcing.

Savanna Short-Term Rental Market Overview

Savanna, IL is a small, emerging short-term rental market situated along the Mississippi River with just 17 active Airbnb listings and average annual revenue of $10,279 per property. With an average daily rate of $126 — well below the Illinois state average of $319 — and home values around $207,637, the market offers a low barrier to entry for investors willing to navigate below-average occupancy. Year-over-year listing growth of 83% signals rising investor interest, though the market's modest revenue figures mean careful deal sourcing is essential.

Key Market Statistics

According to Rabbu market data, the Savanna short-term rental market shows:

Key Airbnb and short-term rental market statistics.
Metric Context Value
Active Airbnb Listings As of Apr, 27 2026 17
Average Daily Rate (ADR) vs. $319 state avg. $126
Average Occupancy Rate vs. 33% state avg. 12%
RevPAN ADR * Occupancy Rate $15
Average Monthly Revenue Historical 12-month average $856
Average Annual Revenue Historical 12-month average $10,279

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.

Why Investors Consider Savanna

Savanna attracts investor attention due to its affordable property prices, above-average market growth, and a favorable supply/demand balance that rewards early entrants in a small but expanding market.

Key investment factors

  • Low average home values of $207,637 reduce upfront capital requirements compared to most Illinois markets
  • 83% year-over-year listing growth indicates accelerating demand and investor confidence
  • Above-average supply/demand balance suggests the market is not yet saturated
  • Summer tourism along the Mississippi River corridor drives seasonal revenue spikes
  • Small listing count (17 active) means less direct competition for well-positioned properties

Expert Market Assessment

"Savanna represents a competitive but niche opportunity in the Illinois STR landscape. Revenue is heavily seasonal — August leads at $1,426 in average monthly revenue while February dips to just $440 — so investors need to plan for significant cash-flow variability throughout the year. The 12% average occupancy rate is notably below the 33% state average, which tempers the overall return profile despite reasonable nightly rates. That said, the market's above-average growth trend and favorable supply/demand dynamics suggest that well-operated listings in this small market could capture outsized share, particularly during the warmer months."

— Rabbu Market Analysis Team

Understanding Savanna's ROI Score: 41/100

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

Factor Savanna Performance Weight
Revenue-to-Price Ratio Average 40%
Occupancy Stability Below average 30%
Market Growth Trend Above average 15%
Supply/Demand Balance Above average 15%

What This Means for Investors

Savanna's ROI Score of 41 out of 100 places it in the 'Competitive Opportunity' band, meaning the market has genuine appeal but requires disciplined deal selection. Revenue-to-price ratio is average and market growth and supply/demand dynamics score above average, but occupancy stability drags the overall score down — reflecting the seasonal, low-occupancy nature of this small market. Pairing this data with thorough local regulatory research and realistic cash-flow modeling will help investors determine whether a Savanna property fits their portfolio goals.

Short-Term Rental Regulations in Savanna

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

Permit Requirements

Short-term rental operators in Savanna, Illinois may be required to obtain permits or register their property with the city. Investors should verify current requirements directly with the City of Savanna and Carroll County before listing a property.

Key Restrictions

Common restrictions that may apply include occupancy limits, minimum stay requirements, noise ordinances, parking regulations, and any applicable HOA rules. Some municipalities in Illinois also impose caps on the number of STR permits issued, so it's worth confirming whether Savanna has any such limitations in place.

Tax Obligations

Short-term rental hosts in Illinois are generally subject to state and local occupancy taxes, as well as applicable sales taxes. Platforms like Airbnb often collect and remit some of these taxes automatically, but hosts should confirm their full obligations with the Illinois Department of Revenue and local tax authorities.

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

Short-Term Rental Financing for Savanna

Financing an Airbnb investment in Savanna requires lenders who understand STR income. Rabbu partner lenders offer:

  • DSCR Loans: Qualify based on property income, not personal income
  • Low Down Payment: As low as 10–15% for investment properties
  • Fast Closing: 21–30 day average close times
  • STR Experience: Lenders who understand vacation rental underwriting
Connect with a Savanna Lender →

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Savanna's STR market is likely to benefit from continued above-average growth in supply and demand, though occupancy rates — currently at 12% — will need to improve materially for the market to deliver strong returns. Seasonal patterns suggest summer months (July–August) will continue to drive the bulk of annual earnings, with revenue potentially climbing 5–10% during peak season if listing quality and marketing improve. Investors should anticipate occupancy in the 12–18% range market-wide, with well-managed properties potentially outperforming that baseline. We estimate modest ADR increases of 2–4% are plausible as the market matures, but these projections remain sensitive to local tourism trends and new supply entering the market."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Savanna, IL

What is the average Airbnb occupancy rate in Savanna?
The average Airbnb occupancy rate in Savanna is currently 12%, which is below the Illinois state average of 33%. This lower figure reflects the seasonal nature of the market, with bookings concentrated heavily in the summer months. Properties that optimize their pricing and amenities may outperform this average.
How much do Airbnb hosts make in Savanna?
Airbnb hosts in Savanna earn an average of $856 per month, or approximately $10,279 per year, based on the trailing 12 months of booking data. Revenue varies significantly by season, with August averaging $1,426 and February averaging just $440. Individual results depend on property quality, pricing strategy, and guest experience.
Is Savanna a good market for Airbnb investment?
Savanna carries a Rabbu ROI Score of 41 out of 100, placing it in the 'Competitive Opportunity' category. The market offers affordable entry points with average home values of $207,637 and an above-average growth trend, but occupancy stability is below average. Investors who source deals selectively and manage properties well during peak season may find this small market rewarding, though it requires realistic revenue expectations.
What is the average daily rate (ADR) for Airbnb in Savanna?
The average daily rate for Airbnb listings in Savanna is $126, which is considerably lower than the Illinois state average of $319. This more accessible price point aligns with the market's smaller-town positioning and appeals to budget-conscious travelers exploring the Mississippi River region.
Are short-term rentals legal in Savanna?
Short-term rentals are generally permitted in Savanna, IL, though operators may need to obtain local permits or register with the city. Regulations can change, so prospective hosts should check directly with the City of Savanna and Carroll County for the most up-to-date requirements on permits, zoning, and tax obligations.
When is peak season for Airbnb in Savanna?
Peak season for Airbnb in Savanna runs from late spring through summer, with August ($1,426) and July ($1,314) delivering the highest average monthly revenues. October also shows a notable bump at $983, likely driven by fall tourism. February is the slowest month at $440 in average revenue.
How many Airbnbs are there in Savanna?
As of April 2026, there are 17 active Airbnb listings in Savanna. The market has seen significant growth, with an 83% year-over-year increase in listings, indicating rising interest from both hosts and guests in this small Illinois market.
How is Airbnb revenue calculated in Savanna?
The annual and monthly revenue figures for Savanna are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market — not a forward-looking projection. Rabbu averages each comparable listing's actual revenue per available night (RevPAN) by month over the past year, removes regional outliers, and rolls the remainder up to a market-level historical average. This approach anchors the figures to what hosts have actually earned recently rather than to forecasts, while still naturally reflecting seasonal peaks and slower months because each month uses its own historical performance. 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 Savanna, IL
  • Occupancy rates, average daily rates, and RevPAN trends by property size
  • Monthly and annual revenue metrics based on trailing 12-month booking data
  • Average home values sourced from the Zillow Home Value Index (ZHVI)
  • Data aggregated from Rabbu proprietary analytics and third-party providers for consistency

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 or regulatory changes. Individual property results will vary based on location, condition, management quality, and pricing strategy.

Next Steps

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