Underhill, VT Airbnb Market Data, Statistics, and Occupancy Rates

Underhill Short-Term Rental Market Overview

Underhill, VT is a small, intimate short-term rental market nestled near Vermont's Green Mountains, with just 19 active Airbnb listings and an average annual revenue of $30,771 per property. The market's ADR of $241 sits well below the state average of $452, but above-average occupancy stability and a favorable supply/demand balance help compensate. With a 47% year-over-year growth in listings, Underhill is gaining traction among investors drawn to Vermont's outdoor recreation appeal and rural charm.

Key Market Statistics

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

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

Why Investors Consider Underhill

Underhill appeals to investors seeking a low-competition Vermont market with above-average occupancy stability and a healthy supply/demand balance relative to property costs.

Expert Market Assessment

"Underhill represents a moderately attractive STR opportunity, earning a 59 out of 100 ROI score driven by above-average occupancy stability and supply/demand dynamics. The market shows pronounced seasonality — August peaks at $4,253 in average monthly revenue while January dips to $1,419 — so investors should plan for lean winter months. With average home values around $800,223 and annual revenue near $30,771, the revenue-to-price ratio is average, meaning cash-flow-positive operations will depend heavily on keeping costs controlled and optimizing pricing during the May–October high season."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Underhill

Average revenue by month in Underhill

Underhill displays strong seasonality, with August ($4,253) and July ($3,923) delivering peak revenues roughly three times higher than the January low of $1,419. The shoulder months of September–October remain strong at around $3,280, while November through April form an extended off-season that investors should budget for carefully.

Active Airbnb listings by property size in Underhill

All reported listings with size data are concentrated in the 1-bedroom category, with 11 of 19 total listings falling into this segment. This heavy skew toward smaller units could signal an opportunity for investors willing to offer larger properties that accommodate families or groups.

Average daily rate (ADR) by property size in Underhill

One-bedroom properties command an ADR of $165, sitting below the market-wide average of $241, which suggests that the unlisted larger properties in the market are pulling the overall ADR significantly higher. Investors considering 1-bedroom units should note this more modest rate when modeling returns.

Average RevPAN by property size in Underhill

One-bedroom listings generate a RevPAN of $49, reflecting modest revenue per available night that aligns with their lower ADR and 30% occupancy. This figure suggests that while 1-bedrooms provide a stable baseline, there may be stronger RevPAN potential in underrepresented larger property sizes.

Average occupancy rates by property size in Underhill

One-bedroom properties achieve a 30% average occupancy rate, closely mirroring the market-wide 29% average. While this is below the Vermont state average of 51%, the above-average occupancy stability rating suggests these bookings are relatively predictable rather than erratic.

Average monthly revenue by property size in Underhill

One-bedroom listings average $2,168 per month, slightly below the overall market average of $2,564. The gap implies that larger or unlisted property types in Underhill may be outperforming smaller units on a monthly revenue basis.

Average annual revenue by property size in Underhill

At $26,017 per year, 1-bedroom properties earn roughly 85% of the market-wide average annual revenue of $30,771. For investors entering at a lower acquisition cost with a 1-bedroom unit, this revenue level may still support reasonable returns depending on purchase price and operating expenses.

Most common amenities for Airbnb listings in Underhill

Parking is universal at 100% of listings, reflecting Underhill's rural setting where guests arrive by car, while kitchens (95%), backyards (74%), and laundry facilities (74%) round out the essentials. The presence of workspaces in 47% of listings and self check-in at 63% signals that hosts are catering to remote workers and independent travelers who value convenience and self-sufficiency.

Understanding Underhill's ROI Score: 59/100

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

What This Means for Investors

Underhill's ROI score of 59 out of 100 places it in the 'Attractive Opportunity' band, supported by above-average marks in occupancy stability and supply/demand balance — two factors that help offset an average revenue-to-price ratio given home values around $800K. Market growth trends are rated average, reflecting steady but not explosive expansion. Investors should pair these data points with thorough local regulatory research and careful financial modeling to ensure the seasonal revenue profile aligns with their cash-flow expectations.

Short-Term Rental Regulations in Underhill

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

Permit Requirements

Short-term rental operators in Underhill, Vermont may need to register with the town and comply with state-level lodging requirements. Investors should verify current permit and registration obligations with both the Town of Underhill and the Vermont Department of Taxes before listing a property.

Key Restrictions

Common restrictions in Vermont's STR markets include occupancy limits, noise ordinances, parking requirements, and minimum safety standards. HOA rules and deed restrictions may also apply, particularly in planned developments, so it's important to review all covenants before purchasing an investment property.

Tax Obligations

Vermont imposes a 9% rooms and meals tax on short-term rentals, which platforms like Airbnb often collect and remit on the host's behalf. Hosts should also confirm whether any local surcharges or municipal fees apply in Underhill.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Underhill's STR market is expected to maintain its seasonal rhythm, with summer months (July–August) continuing to drive the lion's share of revenue. Occupancy stability rates above the state average, combined with a still-modest supply of listings, suggest ADR could hold steady or see modest increases of 1–3% as demand for rural Vermont getaways remains resilient. Investors should anticipate softer winter months — January through April tend to produce monthly revenues roughly 60% below peak — but the growing listing count signals rising interest that could gradually compress margins if supply outpaces demand."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Underhill, VT

What is the average Airbnb occupancy rate in Underhill?

The average Airbnb occupancy rate in Underhill is currently 29%, which falls below the Vermont state average of 51%. However, occupancy stability in this market is rated above average, meaning the rate tends to remain consistent rather than fluctuating wildly between seasons. Actual occupancy for individual properties can vary based on pricing strategy, listing quality, and seasonal demand.

How much do Airbnb hosts make in Underhill?

Airbnb hosts in Underhill earn an average of $2,564 per month, or approximately $30,771 per year, based on the trailing 12 months of booking data from active comparable listings. Revenue varies significantly by season — August is the highest-earning month at $4,253, while January is the lowest at $1,419. Individual results depend on factors like property quality, amenities, and pricing strategy.

Is Underhill a good market for Airbnb investment?

Underhill scores a 59 out of 100 on Rabbu's ROI Score, placing it in the 'Attractive Opportunity' category. The market benefits from above-average occupancy stability and a favorable supply/demand balance, with only 19 active listings. The main consideration is the average revenue-to-price ratio, as home values average $800,223 while annual revenue averages $30,771, so investors should carefully model expenses and seasonal cash flow before committing.

What is the average daily rate (ADR) for Airbnb in Underhill?

The average daily rate for Airbnb listings in Underhill is $241, which is notably lower than the Vermont state average of $452. This reflects the market's positioning as an affordable rural getaway compared to nearby resort destinations. For 1-bedroom properties specifically, the ADR is $165.

Are short-term rentals legal in Underhill?

Short-term rentals are generally permitted in Vermont, but operators in Underhill should verify local zoning rules, permit requirements, and any town-specific regulations before listing. Vermont requires STR hosts to collect the state's 9% rooms and meals tax. We recommend contacting the Town of Underhill and the Vermont Department of Taxes for the most current requirements.

When is peak season for Airbnb in Underhill?

Peak season for Airbnb in Underhill runs from July through October, with August leading at $4,253 in average monthly revenue and July close behind at $3,923. September and October also perform well, averaging $3,285 and $3,277 respectively, likely driven by fall foliage tourism. The slowest months are January through April, with revenues ranging from $1,419 to $1,617.

How many Airbnbs are there in Underhill?

There are currently 19 active Airbnb listings in Underhill as of April 2026. The market has seen significant growth, with a 47% year-over-year increase in active listings. Despite this growth, the total supply remains quite small, which contributes to the above-average supply/demand balance rating.

How is Airbnb revenue calculated in Underhill?

The annual and monthly revenue figures for Underhill are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market — not a forward-looking projection. We average each comparable listing's actual revenue per available night (RevPAN) by month over the past year, drop regional outliers, and roll the remainder up to a market-level historical average. This anchors the figures to what hosts have actually earned recently rather than to forecasts, while still naturally reflecting seasonal peaks and slower months because each month uses its own historical performance. 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 Underhill, VT
• Average daily rates, occupancy rates, and RevPAN metrics across property sizes
• Monthly and annual revenue trends based on trailing 12-month booking performance
• Amenity prevalence data across active listings in the market
• Home value estimates 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 Apr, 27 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month averages as of April 2026 and may not capture very recent market shifts. Local regulations, tax obligations, and permit requirements are subject to change — always verify with municipal and state authorities before investing.