Springfield, KY Airbnb Market Data, Statistics, and Occupancy Rates

As of Apr, 27 2026

Rabbu ROI Score

63 / 100

Springfield offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.

Springfield Short-Term Rental Market Overview

Springfield, KY is an emerging micro-market for short-term rentals, with just 13 active Airbnb listings and a striking 131% year-over-year growth in supply — a signal that hosts are catching on to local demand. Average annual revenue sits at $31,280 per listing, and the market's above-average supply/demand balance suggests there's still room for well-positioned properties. With an ADR of $260 and pronounced summer seasonality, Springfield rewards investors who can capture peak-season bookings from July through September.

Key Market Statistics

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

Key Airbnb and short-term rental market statistics.
Metric Context Value
Active Airbnb Listings As of Apr, 27 2026 13
Average Daily Rate (ADR) vs. $333 state avg. $260
Average Occupancy Rate vs. 28% state avg. 11%
RevPAN ADR * Occupancy Rate $28
Average Monthly Revenue Historical 12-month average $2,606
Average Annual Revenue Historical 12-month average $31,280

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

Why Investors Consider Springfield

Springfield's favorable supply/demand dynamics and accessible property values relative to revenue create an intriguing entry point for investors seeking less competitive rural Kentucky markets.

Key investment factors

  • Above-average supply/demand balance indicates demand is outpacing new listing growth
  • Average home values of $437,229 paired with $31,280 annual revenue offer a viable revenue-to-price ratio
  • 131% YoY listing growth signals rising market awareness and traveler interest
  • Strong summer seasonality with August revenue reaching $5,458 provides concentrated earning windows
  • Low competition with only 13 active listings reduces head-to-head pricing pressure

Expert Market Assessment

"Springfield earns a 63 out of 100 ROI score — landing in the "Attractive Opportunity" band — driven by a favorable supply/demand balance and serviceable revenue-to-price fundamentals. The market's seasonality is pronounced: August leads at $5,458 in average monthly revenue while February dips to just $625, creating a roughly 8.7x spread between peak and trough months. This means cash-flow planning matters more here than in markets with steadier year-round demand. For investors comfortable with a seasonal earnings profile and willing to optimize pricing around the May-through-October corridor, Springfield offers a low-competition environment with legitimate upside."

— Rabbu Market Analysis Team

Understanding Springfield'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

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

What This Means for Investors

Springfield's ROI score of 63 out of 100 places it in the 'Attractive Opportunity' band, reflecting average revenue-to-price and occupancy stability metrics paired with an above-average supply/demand balance that gives the market an edge over more saturated destinations. The average market growth trend suggests steady — not explosive — momentum, so returns will hinge on capturing seasonal peaks and managing costs through quieter months. Investors should pair this score with on-the-ground regulatory research and property-specific underwriting to confirm whether Springfield fits their portfolio goals.

Short-Term Rental Regulations in Springfield

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

Permit Requirements

Springfield, Kentucky may require short-term rental operators to obtain a business license or STR-specific permit before listing a property. Investors should verify current requirements directly with the City of Springfield and Washington County government offices, as rules in smaller Kentucky municipalities can change with limited public notice.

Key Restrictions

Common restrictions in Kentucky markets like Springfield may include occupancy limits tied to bedroom count, noise and nuisance ordinances, parking requirements for guests, and any applicable HOA or deed restrictions that could prohibit or limit short-term rentals. Minimum-stay requirements and permit caps are less common in rural markets but should still be confirmed locally before purchasing.

Tax Obligations

Short-term rental hosts in Kentucky are generally subject to state sales tax and local transient room taxes. Platforms like Airbnb often collect and remit state-level taxes on behalf of hosts, but operators should confirm whether Washington County or Springfield levies any additional local occupancy taxes that require separate filing.

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

Short-Term Rental Financing for Springfield

Financing an Airbnb investment in Springfield 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 Springfield Lender →

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Springfield's rapid listing growth (131% YoY) will likely moderate as the market matures, but demand indicators remain encouraging — the above-average supply/demand balance suggests new entrants haven't yet saturated the market. Seasonal revenue data points to continued strength from late spring through early fall, with August and July likely commanding ADRs in the $260+ range. Occupancy, currently at 11% vs. the 28% state average, could edge upward as listings optimize pricing and minimum-stay strategies, though investors should expect it to remain below state norms given the market's rural character. We estimate annual revenues could hold steady or grow modestly by 2–5% if demand drivers persist."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Springfield, KY

What is the average Airbnb occupancy rate in Springfield?
The average Airbnb occupancy rate in Springfield, KY is currently 11%, which sits below the Kentucky state average of 28%. This reflects the market's small size and seasonal demand patterns, where bookings concentrate heavily in the summer months. Hosts who implement dynamic pricing and target peak-season travelers can often outperform the market average.
How much do Airbnb hosts make in Springfield?
Based on trailing 12-month booking data, Airbnb hosts in Springfield, KY earn an average of $2,606 per month and approximately $31,280 per year. Revenue varies significantly by season — August is the strongest month at $5,458, while February is the softest at $625. Individual results depend on property quality, pricing strategy, and how effectively hosts capture peak-season demand.
Is Springfield a good market for Airbnb investment?
Springfield scores a 63 out of 100 on Rabbu's ROI Score, placing it in the 'Attractive Opportunity' category. The market benefits from an above-average supply/demand balance and low competition with only 13 active listings. However, occupancy runs below the state average, and revenue is heavily seasonal, so investors should model conservative off-season income and ensure they can capture strong summer earnings to make the numbers work.
What is the average daily rate (ADR) for Airbnb in Springfield?
The average daily rate for Airbnb listings in Springfield, KY is $260, compared to the Kentucky state average of $333. While the ADR is below the state benchmark, the lower entry cost of competing in this market and limited supply can still make the rate profitable for well-managed properties, especially during the high-demand summer months.
Are short-term rentals legal in Springfield?
Short-term rentals are generally permitted in Springfield, KY, though hosts may need to obtain a local business license or STR permit. Regulations in smaller Kentucky municipalities can evolve, so it's important to check directly with the City of Springfield and Washington County offices for the most current requirements, including any zoning restrictions or HOA rules that might apply to your specific property.
When is peak season for Airbnb in Springfield?
Peak season for Airbnb in Springfield runs from May through September, with August topping the charts at $5,458 in average monthly revenue, followed by July at $4,655 and September at $4,374. The off-season spans November through February, when monthly revenue drops below $1,400. Investors should plan their pricing and availability strategies around this pronounced seasonal cycle.
How many Airbnbs are there in Springfield?
As of April 2026, there are 13 active Airbnb listings in Springfield, KY. The market has seen dramatic growth, with a 131% year-over-year increase in listings, suggesting that hosts and investors are increasingly recognizing the area's short-term rental potential. The low total supply means less direct competition for well-positioned properties.
How is Airbnb revenue calculated in Springfield?
The annual and monthly revenue figures for Springfield 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, while naturally reflecting seasonal peaks and slower months since each month uses its own historical performance data. 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 Springfield, KY market
  • Average daily rate, occupancy, and RevPAN metrics with state-level comparisons
  • Monthly and annual revenue trends based on trailing 12-month booking data
  • Popular amenity prevalence across active listings to benchmark guest expectations
  • Home value data sourced from Zillow Home Value Index (ZHVI) for investment analysis

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.

Next Steps

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