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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Superior offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Superior, WI stands out as a budget-friendly short-term rental market where relatively low property values—averaging around $300,501—pair with above-average revenue-to-price ratios, earning the market a 65/100 ROI score. With 86 active Airbnb listings and an average annual revenue of $26,883, the market offers accessible entry points for investors willing to navigate pronounced seasonality. Its position on Lake Superior's western tip drives summer demand, and the combination of affordable acquisition costs and stable occupancy makes it worth a closer look.
According to Rabbu market data, the Superior short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 86 |
| Average Daily Rate (ADR) | vs. $368 state avg. | $188 |
| Average Occupancy Rate | vs. 38% state avg. | 26% |
| RevPAN | ADR * Occupancy Rate | $48 |
| Average Monthly Revenue | Historical 12-month average | $2,240 |
| Average Annual Revenue | Historical 12-month average | $26,883 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.
Affordable property prices relative to rental income, combined with above-average revenue-to-price performance, make Superior an appealing entry point for STR investors seeking yield in a smaller market.
Key investment factors
"Superior presents a moderate-to-attractive opportunity for STR investors who can manage around its sharp seasonality. Monthly revenue swings from roughly $1,051 in February to $4,242 in August—a fourfold spread—mean cash-flow planning is critical. The market's above-average revenue-to-price ratio and occupancy stability are genuine strengths, though the below-average supply/demand balance signals that the 141% year-over-year listing growth is something to monitor. Investors targeting 3- to 5-bedroom properties will find the strongest revenue potential, particularly during the June-through-October window when demand peaks."
— Rabbu Market Analysis Team
Superior shows dramatic seasonality, with August peaking at $4,242 and February bottoming out at just $1,051—a 4x spread that investors need to plan around. The high-revenue window from June through October accounts for the bulk of annual income, making summer pricing optimization critical.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$1,178 |
| February |
|
$1,051 |
| March |
|
$1,278 |
| April |
|
$1,449 |
| May |
|
$2,168 |
| June |
|
$2,865 |
| July |
|
$4,021 |
| August |
|
$4,242 |
| September |
|
$2,706 |
| October |
|
$2,687 |
| November |
|
$1,485 |
| December |
|
$1,749 |
Two-bedroom units dominate the supply with 31 listings (36% of the market), followed by 3-bedrooms at 21 and 1-bedrooms at 19. Larger 4- and 5-bedroom properties are notably scarce at 9 and 5 listings respectively, suggesting potential opportunity for investors willing to operate bigger homes.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
19 |
| 2 bedrooms |
|
31 |
| 3 bedrooms |
|
21 |
| 4 bedrooms |
|
9 |
| 5 bedrooms |
|
5 |
ADR scales sharply with size, from $105 for 1-bedroom units to $577 for 5-bedroom properties—a nearly 5.5x premium. The jump from 3-bedroom ($168) to 4-bedroom ($319) represents the steepest per-bedroom increase, indicating strong pricing power for larger group-oriented accommodations.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$105 |
| 2 bedrooms |
|
$141 |
| 3 bedrooms |
|
$168 |
| 4 bedrooms |
|
$319 |
| 5 bedrooms |
|
$577 |
Five-bedroom properties deliver the highest RevPAN at $107, more than double the next best performer (3-bedrooms at $50). Two- and 3-bedroom listings cluster around $43–$50 in RevPAN, while 1-bedrooms trail at $21, reflecting both lower rates and lower occupancy.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$21 |
| 2 bedrooms |
|
$43 |
| 3 bedrooms |
|
$50 |
| 4 bedrooms |
|
$49 |
| 5 bedrooms |
|
$107 |
Two-bedroom properties lead occupancy at 31%, closely followed by 3-bedrooms at 30%, making them the most consistently booked configurations. Larger 4- and 5-bedroom properties sit notably lower at 15% and 19%, though their higher nightly rates more than compensate in terms of total revenue.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
21% |
| 2 bedrooms |
|
31% |
| 3 bedrooms |
|
30% |
| 4 bedrooms |
|
15% |
| 5 bedrooms |
|
19% |
Monthly revenue climbs steadily with property size, from $1,353 for 1-bedroom units to $4,072 for 5-bedroom homes. The gap between 3-bedroom ($2,917) and 4-bedroom ($2,958) listings is surprisingly narrow, suggesting that 3-bedroom properties may offer better value given their lower acquisition and operating costs.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$1,353 |
| 2 bedrooms |
|
$1,716 |
| 3 bedrooms |
|
$2,917 |
| 4 bedrooms |
|
$2,958 |
| 5 bedrooms |
|
$4,072 |
Five-bedroom properties lead annual revenue at $48,871, nearly three times the $16,246 earned by 1-bedroom units. Three- and 4-bedroom listings cluster closely at $35,012 and $35,496 respectively, meaning investors should weigh the added cost of a fourth bedroom carefully against the minimal revenue uplift.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$16,246 |
| 2 bedrooms |
|
$20,596 |
| 3 bedrooms |
|
$35,012 |
| 4 bedrooms |
|
$35,496 |
| 5 bedrooms |
|
$48,871 |
Parking is universal at 100% of listings, and kitchens (98%) and self check-in (91%) are near-standard—investors should treat these as non-negotiable. Outdoor-oriented amenities like backyards (80%), BBQ grills (59%), and outdoor furniture (59%) are prevalent, reflecting guest expectations for a lakeside market, while waterfront access (8%) remains a rare differentiator.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
100% |
| Kitchen |
|
98% |
| Self Check-in |
|
91% |
| Backyard |
|
80% |
| Workspace |
|
64% |
| Outdoor Furniture |
|
59% |
| BBQ Grill |
|
59% |
| Dryer |
|
56% |
| Washer |
|
56% |
| Patio or Balcony |
|
51% |
| Pets |
|
28% |
| Lake Access |
|
8% |
| Waterfront |
|
8% |
| Gym |
|
6% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Superior Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Above average | 40% |
| Occupancy Stability | Above average | 30% |
| Market Growth Trend | Average | 15% |
| Supply/Demand Balance | Below average | 15% |
Superior's ROI score of 65 out of 100 places it in the 'Attractive Opportunity' band, driven primarily by an above-average revenue-to-price ratio and above-average occupancy stability—two factors that directly impact cash-flow reliability. Market growth trend scores as average, while the supply/demand balance is a notable watch point given the 141% year-over-year increase in listings. Investors should pair this score with their own local regulatory research and property-level underwriting to confirm the opportunity fits their return targets.
Understanding local STR regulations is essential before investing in Superior. Here's the current regulatory landscape:
The City of Superior and the State of Wisconsin may require short-term rental operators to obtain permits or register their properties before listing. Investors should verify current requirements directly with the City of Superior's planning or licensing department and the Wisconsin Department of Revenue.
Common STR restrictions in Wisconsin communities can include occupancy limits based on bedroom count, minimum stay requirements, noise ordinances, and parking mandates. Some properties may also be subject to HOA rules or local permit caps, so reviewing any applicable covenants or zoning overlays is essential before purchasing.
Wisconsin typically requires STR hosts to collect and remit state sales tax and local room taxes on short-term accommodations. Platforms like Airbnb often handle a portion of this collection, but operators should confirm their specific obligations with the Wisconsin Department of Revenue to ensure full compliance.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Superior can provide current regulatory guidance.
Financing an Airbnb investment in Superior requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Superior's summer peak should continue to anchor annual returns, with July and August historically generating $4,000+ per listing. Listing counts have grown 141% year over year, so investors should watch whether demand keeps pace with new supply—a factor currently rated below average. ADR could see modest gains in the 2–4% range as hosts refine pricing for peak months, while occupancy is likely to remain in the 24–28% range overall given the market's heavy seasonal skew. Investors entering now may benefit from relatively low competition in larger property sizes before the supply landscape shifts further."
— 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 Mar, 17 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month performance as of the date indicated and may not capture very recent market shifts. Local regulations, permit requirements, and tax obligations can change; investors should verify current rules with municipal and state authorities before purchasing.
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