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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Savanna presents a competitive opportunity: investor interest and demand are strong, but higher prices or tighter competition may require more selective deal sourcing.
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.
According to Rabbu market data, the Savanna short-term rental market shows:
| 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.
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
"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
Savanna's revenue follows a pronounced seasonal curve, with August ($1,426) and July ($1,314) generating roughly three times more than the slowest month, February ($440). Investors should plan for a clear summer-driven revenue cycle, with a secondary uptick in October ($983) and relatively soft winter months.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$562 |
| February |
|
$440 |
| March |
|
$791 |
| April |
|
$614 |
| May |
|
$892 |
| June |
|
$903 |
| July |
|
$1,314 |
| August |
|
$1,426 |
| September |
|
$836 |
| October |
|
$983 |
| November |
|
$870 |
| December |
|
$644 |
The market is almost entirely composed of 1-bedroom listings, with 13 of 17 active properties in that category. This concentration could signal an opportunity for investors willing to offer larger or more differentiated property types that are currently underrepresented.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
13 |
One-bedroom listings command an average daily rate of $129, which is the only size with sufficient data in this small market. With no larger-bedroom comparables available, investors considering multi-bedroom properties would be entering relatively uncharted territory in Savanna.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$129 |
One-bedroom properties generate a RevPAN of $16, reflecting the combined effect of a $129 ADR and 13% occupancy. This modest figure underscores that improving occupancy rates is the primary lever for boosting per-night revenue in this market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$16 |
One-bedroom listings average a 13% occupancy rate, indicating substantial available capacity throughout the year. While this is low by state standards, it also means there's significant room for well-managed properties to capture a disproportionate share of bookings.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
13% |
One-bedroom properties average $874 per month in revenue, closely aligning with the overall market average of $856. Given the dominance of 1-bedroom units, this figure essentially represents the market baseline for revenue expectations.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$874 |
At $10,498 in average annual revenue, 1-bedroom properties in Savanna offer a modest income stream relative to the $207,637 average home price. Investors should weigh this against their carrying costs to determine whether the yield meets their target return thresholds.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$10,498 |
Parking and self check-in are universal across Savanna's listings (100%), while kitchens (94%), BBQ grills (88%), and outdoor spaces like backyards and patios (77%) dominate the amenity profile. This outdoor-oriented amenity mix signals that guests prioritize a relaxed, home-like experience — and that pet-friendliness (59%) could be a meaningful differentiator for capturing additional bookings.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
100% |
| Self Check-in |
|
100% |
| Kitchen |
|
94% |
| BBQ Grill |
|
88% |
| Backyard |
|
77% |
| Patio or Balcony |
|
77% |
| Pets |
|
59% |
| Washer |
|
41% |
| Dryer |
|
29% |
| Workspace |
|
24% |
| Outdoor Furniture |
|
12% |
| Pool |
|
12% |
| Lake Access |
|
6% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| 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% |
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.
Understanding local STR regulations is essential before investing in Savanna. Here's the current regulatory landscape:
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.
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.
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.
Financing an Airbnb investment in Savanna requires lenders who understand STR income. Rabbu partner lenders offer:
"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
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, management quality, and pricing strategy.
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