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

As of Apr, 27 2026

Rabbu ROI Score

62 / 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, MO presents an attractive entry point for short-term rental investors, combining affordable home values averaging $375,909 with an average daily rate of $137 — well below the $240 state average, yet paired with occupancy that outpaces the state at 31% versus 28%. The market's 288 active listings and modest year-over-year listing growth of 105% suggest a balanced supply environment where demand has room to absorb new inventory. With average annual revenue of $20,068 and larger properties pulling in substantially more, Springfield rewards investors who match property size to local demand drivers.

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 288
Average Daily Rate (ADR) vs. $240 state avg. $137
Average Occupancy Rate vs. 28% state avg. 31%
RevPAN ADR * Occupancy Rate $42
Average Monthly Revenue Historical 12-month average $1,672
Average Annual Revenue Historical 12-month average $20,068

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.

Why Investors Consider Springfield

Springfield attracts STR investors through its combination of below-state-average property costs, above-average occupancy stability, and a market that hasn't yet become oversaturated with listings.

Key investment factors

  • Affordable acquisition costs with an average home value of $375,909 improve revenue-to-price ratios
  • Occupancy stability rated above average, providing more predictable cash flow than many comparable markets
  • Larger properties (4–5 bedrooms) command strong premiums, with annual revenues exceeding $38,000–$46,000
  • Summer peak season from May through August delivers sustained monthly revenue above $1,800
  • Balanced supply of 288 active listings leaves room for well-positioned new entrants

Expert Market Assessment

"Springfield earns an ROI score of 62 out of 100, placing it in the "Attractive Opportunity" tier — a market where revenue potential and property costs align well enough to merit serious consideration. Seasonality is pronounced but manageable: the spread between the peak month of July ($2,155) and the low in February ($927) is roughly 2.3x, meaning investors need to budget for meaningful winter softness while capitalizing on a strong May-through-October stretch. Above-average occupancy stability is the market's standout factor, providing a more reliable income floor than many mid-sized markets. Pairing a well-amenitized 3- or 4-bedroom property with competitive pricing could position an investor to outperform the market average."

— Rabbu Market Analysis Team

Understanding Springfield's ROI Score: 62/100

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 Above average 30%
Market Growth Trend Average 15%
Supply/Demand Balance Average 15%

What This Means for Investors

Springfield's ROI score of 62 out of 100 places it in the "Attractive Opportunity" band, driven primarily by above-average occupancy stability and an average revenue-to-price ratio that benefits from the city's relatively affordable housing stock. Market growth trend and supply/demand balance both register as average, suggesting a stable environment without dramatic expansion or contraction risk. Investors should pair this data with on-the-ground regulatory research and property-level analysis to confirm that Springfield's market-wide metrics translate into viable returns for their specific investment.

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, Missouri may require short-term rental operators to register or obtain permits before listing a property. Investors should verify current permit and licensing requirements directly with the City of Springfield and the State of Missouri before operating.

Key Restrictions

Common STR restrictions in markets like Springfield can include occupancy limits tied to bedroom count, minimum stay requirements, noise and parking regulations, and potential HOA restrictions that may prohibit or limit short-term rentals. Some municipalities also impose caps on the number of permits issued in certain zones, so confirming local zoning rules is essential before purchasing.

Tax Obligations

Short-term rental hosts in Missouri are typically subject to state and local sales tax, as well as transient occupancy or lodging taxes. Many booking platforms collect and remit some of these taxes automatically, but operators should confirm their full obligation with the Missouri Department of Revenue and local authorities.

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 STR market is expected to maintain steady performance, with summer months continuing to drive the bulk of annual revenue. Monthly earnings peaked around $2,155 in July during the trailing period, and we estimate ADR could see modest increases of 1–3% as operators refine pricing strategies. Occupancy stability — rated above average by our ROI model — suggests demand is resilient enough to sustain cash flow through softer winter months, though investors should plan for revenue dipping to approximately $927–$994 during January and February. The relatively balanced supply-demand dynamics point toward gradual, measured growth rather than sharp swings in either direction."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Springfield, MO

What is the average Airbnb occupancy rate in Springfield?
The average occupancy rate for Airbnb listings in Springfield is currently 31%, which outperforms the Missouri state average of 28%. Occupancy varies by property size — studios lead at 45%, while 4-bedroom properties average around 24%. This above-average occupancy stability is one of Springfield's key strengths as an STR market.
How much do Airbnb hosts make in Springfield?
Airbnb hosts in Springfield earn an average of $1,672 per month and approximately $20,068 per year based on trailing 12-month booking data. Earnings vary significantly by property size: 1-bedroom listings average $960 per month, while 5-bedroom properties pull in roughly $3,855 monthly. Factors like pricing strategy, guest reviews, and amenity quality can meaningfully shift individual results above or below these averages.
Is Springfield a good market for Airbnb investment?
Springfield scores a 62 out of 100 on Rabbu's ROI Score, placing it in the "Attractive Opportunity" category. The market benefits from affordable home values averaging $375,909, above-average occupancy stability, and balanced supply-demand dynamics. While ADR is below the state average at $137, the lower acquisition costs help maintain a reasonable revenue-to-price ratio. Investors focused on larger properties (3–5 bedrooms) may find the strongest return potential here.
What is the average daily rate (ADR) for Airbnb in Springfield?
The average daily rate for Airbnb listings in Springfield is $137, compared to the Missouri state average of $240. ADR scales meaningfully with property size — studios average $97 and 1-bedrooms come in at $87, while 4-bedroom listings command $276 per night. This pricing structure rewards investors who can accommodate larger groups.
Are short-term rentals legal in Springfield?
Short-term rentals operate in Springfield, MO, but local regulations may apply including permit or registration requirements, zoning restrictions, and tax obligations. Rules can change, so prospective hosts should consult the City of Springfield's planning or licensing department and review any applicable HOA covenants before purchasing or listing a property.
When is peak season for Airbnb in Springfield?
Peak season in Springfield runs from May through July, with July being the highest-earning month at an average of $2,155 in revenue. June ($2,138) and May ($2,008) round out the strongest period. The slowest months are January ($994) and February ($927), so investors should plan their cash flow to account for roughly a 2x difference between peak and off-peak earnings.
How many Airbnbs are there in Springfield?
Springfield currently has 288 active Airbnb listings. The supply is concentrated in 1- to 3-bedroom properties, which together account for the majority of inventory, while 4- and 5-bedroom listings are relatively scarce with only 15 and 8 listings respectively. Year-over-year listing count grew to 105% of the prior year, indicating modest but steady market expansion.
How is Airbnb revenue calculated in Springfield?
The annual and monthly revenue figures shown for Springfield are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market — they are not forward-looking projections. We average each comparable listing's actual revenue per available night (RevPAN) by month over the past year, remove regional outliers, and aggregate the results into a market-level historical average. Because each month uses its own historical performance, the figures naturally reflect seasonal peaks and slower periods. Individual results can vary meaningfully based on property quality, pricing strategy, and how actively a host manages their listing.

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, MO market
  • Average daily rate, occupancy, and RevPAN metrics with state-level benchmarks for comparison
  • Trailing 12-month revenue data broken down by month and property size
  • Supply distribution and amenity prevalence across active listings
  • Home value data sourced from the Zillow Home Value Index (ZHVI)

Sources and disclaimers

Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Local regulations, tax requirements, and permit rules are subject to change; always verify with municipal and state authorities before investing. Individual property results will vary based on location, condition, amenities, pricing strategy, and management quality.

Next Steps

Ready to invest in Springfield's short-term rental market? Take action with these resources:

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