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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Springfield presents a competitive opportunity: investor interest and demand are strong, but higher prices or tighter competition may require more selective deal sourcing.
Springfield, TN is a small but emerging short-term rental market with just 16 active Airbnb listings and an average annual revenue of $20,890 per property. At an ADR of $181—well below the Tennessee state average of $309—the market trades at a more accessible price point, though occupancy sits at 26%, slightly under the 29% state average. With 100% year-over-year growth in active listings and an ROI score of 54 out of 100, Springfield offers a competitive opportunity for investors willing to source deals selectively and optimize operations.
According to Rabbu market data, the Springfield short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 16 |
| Average Daily Rate (ADR) | vs. $309 state avg. | $181 |
| Average Occupancy Rate | vs. 29% state avg. | 26% |
| RevPAN | ADR * Occupancy Rate | $46 |
| Average Monthly Revenue | Historical 12-month average | $1,740 |
| Average Annual Revenue | Historical 12-month average | $20,890 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
Springfield attracts investor attention due to its favorable supply/demand dynamics and lower entry point compared to larger Tennessee markets, though the opportunity requires careful deal selection.
Key investment factors
"Springfield presents a moderate opportunity—one that rewards strategic operators rather than passive investors. The market's above-average supply/demand balance and recent listing growth are encouraging signs, but below-average occupancy stability (26% vs. 29% state average) means cash-flow consistency requires attention to pricing and guest experience. Seasonality is pronounced: August peaks at $2,657 per month while January dips to just $555, creating a roughly 5x spread that investors should plan around. Selective property sourcing and strong amenity packages will be essential to outperform in this competitive, still-developing market."
— Rabbu Market Analysis Team
Springfield shows significant seasonality, with August delivering the highest average monthly revenue at $2,657 and January bottoming out at just $555—a nearly 5x spread. The strong earning window runs from May through October, giving investors roughly six months of solid revenue to offset quieter winter months.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$555 |
| February |
|
$828 |
| March |
|
$1,804 |
| April |
|
$1,539 |
| May |
|
$1,915 |
| June |
|
$1,938 |
| July |
|
$2,287 |
| August |
|
$2,657 |
| September |
|
$2,229 |
| October |
|
$1,878 |
| November |
|
$1,776 |
| December |
|
$1,477 |
The market's active supply is concentrated entirely in 1-bedroom properties, with all 6 reported listings in that category. This narrow inventory mix could signal an opportunity for investors to differentiate with larger properties that serve families or groups.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
6 |
One-bedroom listings in Springfield command an ADR of $135, which sits below the overall market average of $181. The gap suggests that larger or more premium properties (not yet well-represented in the data) are likely pulling the market-wide ADR higher.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$135 |
One-bedroom properties generate a RevPAN of just $19, reflecting the combined effect of a modest ADR and low occupancy. Investors targeting this property size will need strong pricing optimization and guest experience to push revenue per available night closer to the market-wide $46 figure.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$19 |
One-bedroom units average only 14% occupancy, significantly below the market-wide 26% rate. This suggests that larger or more unique property types in Springfield are capturing a disproportionate share of bookings, and 1-bedroom operators may need to enhance their listings or adjust pricing to improve fill rates.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
14% |
One-bedroom properties average $1,330 per month, falling short of the $1,740 market-wide average. Investors focused on 1-bedroom units should expect tighter margins and may want to explore whether adding bedrooms or premium amenities could unlock meaningfully higher revenue.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$1,330 |
At $15,964 per year, 1-bedroom listings earn roughly 76% of the market-wide average annual revenue of $20,890. This gap reinforces that larger or more distinctive property configurations in Springfield appear to deliver stronger return potential.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$15,964 |
Backyard access and parking are universal in Springfield (100% of listings), while self check-in (94%), kitchens (81%), and washer/dryer combos (75%) round out the must-have list. The prevalence of BBQ grills (56%), hot tubs (38%), and outdoor furniture (50%) signals that guests in this market prioritize outdoor and experiential amenities—investors who lean into these features are aligning with clear guest expectations.
| Amenity | Trend | Value |
|---|---|---|
| Backyard |
|
100% |
| Parking |
|
100% |
| Self Check-in |
|
94% |
| Kitchen |
|
81% |
| Dryer |
|
75% |
| Washer |
|
75% |
| Patio or Balcony |
|
69% |
| BBQ Grill |
|
56% |
| Workspace |
|
56% |
| Outdoor Furniture |
|
50% |
| Pets |
|
44% |
| Hot Tub |
|
38% |
| Waterfront |
|
13% |
| EV Charger |
|
6% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Springfield Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Average | 40% |
| Occupancy Stability | Below average | 30% |
| Market Growth Trend | Average | 15% |
| Supply/Demand Balance | Above average | 15% |
Springfield's ROI Score of 54 out of 100 places it in the "Competitive Opportunity" band, meaning the market shows genuine potential but requires more selective deal sourcing to achieve strong returns. The revenue-to-price ratio and market growth trend are both rated average, while occupancy stability comes in below average—highlighting that consistent bookings are not yet a given. Investors should pair these data points with thorough local regulatory research and a realistic assessment of operating costs before committing capital.
Understanding local STR regulations is essential before investing in Springfield. Here's the current regulatory landscape:
Short-term rental operators in Springfield, Tennessee may be required to obtain a permit or register their property with local authorities before listing on platforms like Airbnb. Investors should verify current requirements with the City of Springfield and Robertson County offices, as regulations in smaller Tennessee municipalities can evolve.
Common STR restrictions in Tennessee communities can include occupancy limits, minimum stay requirements, noise ordinances, and parking mandates. HOA or neighborhood covenants may also impose additional rules, so it's important to review any deed restrictions or community guidelines before purchasing an investment property.
Tennessee imposes a state sales tax and local occupancy taxes on short-term rentals, and platforms like Airbnb often collect and remit a portion of these on behalf of hosts. Investors should confirm the total tax rate applicable in Robertson County and ensure they are meeting all state and local filing obligations.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Springfield can provide current regulatory guidance.
Financing an Airbnb investment in Springfield requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Springfield's STR market is expected to continue maturing as the recent doubling of active listings signals rising investor interest. Seasonal data suggests revenue could strengthen during the summer-to-early-fall corridor, with August historically delivering the highest monthly returns. ADR growth of 1–3% is plausible given the market's below-state pricing, though occupancy may remain in the 24–28% range as new supply absorbs demand. Investors should monitor whether listing growth outpaces bookings, as supply/demand balance is currently rated above average but could shift."
— 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 seasonal anomalies. Local regulations, zoning rules, and tax obligations can change; investors should verify current requirements with municipal authorities before purchasing.
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