Wabash, IN Airbnb Market Data, Statistics, and Occupancy Rates

Wabash Short-Term Rental Market Overview

Wabash, IN presents an intriguing entry point for short-term rental investors drawn to affordable Midwestern markets. With average home values around $297,094 and annual STR revenue averaging $18,581, the revenue-to-price ratio sits in a competitive range for a small market. Occupancy runs at 36% — actually above the Indiana state average of 32% — and an ADR of $167 keeps nightly earnings meaningful despite the modest listing count of just 23 active Airbnbs.

Key Market Statistics

According to Rabbu market data, the Wabash 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 Wabash

Investors are drawn to Wabash for its low property acquisition costs relative to revenue potential, combined with limited competition and occupancy that outpaces the state average.

Expert Market Assessment

"Wabash earns an "Attractive Opportunity" designation with a 64/100 ROI score, reflecting a balanced mix of affordable acquisition costs and above-state-average occupancy. Revenue is heavily seasonal: July averages around $2,810 per listing while January dips to roughly $506, so investors should plan for meaningful off-peak softness. The market's small size — just 23 active listings — means individual property quality and pricing strategy can meaningfully outperform or underperform the averages. For investors comfortable with a smaller, less liquid market, Wabash offers a cost-effective entry into Indiana's growing STR landscape."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Wabash

Average revenue by month in Wabash

Wabash exhibits pronounced seasonality, with July peaking at $2,810 and January bottoming out at just $506 — a 5.5x spread between the best and worst months. The warm-weather stretch from May through October consistently delivers above-average revenue, while winter months require investors to plan for significantly reduced income.

Active Airbnb listings by property size in Wabash

Supply in Wabash is concentrated in smaller units, with 8 one-bedroom and 9 two-bedroom listings accounting for the bulk of the 23 active properties. The absence of larger 3+ bedroom listings in the data could signal an underserved niche for investors willing to offer family-sized accommodations.

Average daily rate (ADR) by property size in Wabash

ADR is remarkably similar across the two tracked property sizes, with 1-bedroom listings at $97 and 2-bedrooms at $94 per night. This flat rate structure suggests that guests in this market aren't willing to pay a meaningful premium for an extra bedroom, so investors should weigh acquisition and operating costs carefully.

Average RevPAN by property size in Wabash

Revenue per available night is nearly identical for both property sizes — $35 for 1-bedroom units and $34 for 2-bedroom units. This parity indicates that neither size currently holds a clear efficiency advantage in converting available nights into revenue.

Average occupancy rates by property size in Wabash

Occupancy rates are tightly clustered, with 1-bedroom listings at 37% and 2-bedroom listings at 36%. The consistency across sizes suggests demand patterns in Wabash are driven more by overall market factors than by property configuration.

Average monthly revenue by property size in Wabash

One-bedroom listings lead slightly with $1,361 per month versus $1,250 for two-bedroom units. The $111 monthly gap is modest, meaning the choice between sizes should hinge more on acquisition cost and target guest profile than on revenue differences alone.

Average annual revenue by property size in Wabash

Annually, 1-bedroom properties generate approximately $16,342 compared to $15,010 for 2-bedroom listings, a difference of about $1,332. Given Wabash's average home value of $297,094, investors should model returns carefully for either configuration to ensure the numbers work after expenses.

Most common amenities for Airbnb listings in Wabash

Kitchens and parking lead at 87% prevalence each, followed closely by self check-in at 78%, signaling that guests in Wabash expect practical, convenience-oriented amenities rather than luxury features. Washer/dryer availability (65%) and a dedicated workspace (57%) further suggest a guest base that values functional, home-like stays — possibly a mix of travelers and visiting workers.

Understanding Wabash's ROI Score: 64/100

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

Wabash's ROI score of 64 out of 100 places it in the "Attractive Opportunity" band, reflecting a market where affordable home prices and above-state-average occupancy create a reasonable revenue-to-price ratio. The above-average market growth trend is a notable bright spot, while occupancy stability and supply/demand balance rate as average — typical for a small, emerging STR market. Pairing these metrics with thorough local regulatory research and a realistic seasonal cash-flow model will help investors determine whether Wabash fits their portfolio strategy.

Short-Term Rental Regulations in Wabash

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

Permit Requirements

Short-term rental operators in Wabash, Indiana may need to register or obtain a permit through the city or county before listing a property. Investors should verify current requirements directly with the City of Wabash and Wabash County offices, as local STR regulations can evolve.

Key Restrictions

Common restrictions in Indiana markets can include occupancy limits, minimum-stay requirements, noise ordinances, and parking mandates. HOA covenants or deed restrictions may also limit STR activity in certain neighborhoods, so reviewing all applicable rules before purchasing is essential.

Tax Obligations

Indiana imposes a state sales tax and county innkeeper's tax on short-term rental stays, and platforms like Airbnb often collect and remit a portion of these taxes automatically. Hosts should confirm whether any additional local lodging taxes apply in Wabash County and ensure full compliance with state filing requirements.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Wabash's above-average market growth trend suggests listing counts will continue expanding, though the base remains small enough that new supply could shift dynamics quickly. Seasonal patterns point to strong summer revenue — July historically tops $2,800 per listing — with softer winter months pulling averages down, so investors should budget for cash-flow swings between roughly $500 and $2,800 monthly. ADR may hold steady or edge up modestly in the 1–3% range given limited competition, though occupancy is likely to hover around 34–38% depending on how quickly new listings absorb demand."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Wabash, IN

What is the average Airbnb occupancy rate in Wabash?

The average Airbnb occupancy rate in Wabash is currently 36%, which is above the Indiana state average of 32%. Occupancy is relatively consistent across property sizes, with 1-bedroom listings averaging 37% and 2-bedroom listings at 36%. These figures reflect trailing performance and individual results will vary based on pricing, property quality, and guest experience.

How much do Airbnb hosts make in Wabash?

On average, Airbnb hosts in Wabash earn approximately $1,548 per month or $18,581 per year based on trailing 12-month booking data. Revenue varies significantly by season — July is the strongest month at around $2,810, while January is the softest at about $506. One-bedroom properties average $16,342 annually and two-bedroom properties average $15,010 annually.

Is Wabash a good market for Airbnb investment?

Wabash carries a Rabbu ROI Score of 64 out of 100, rated as an "Attractive Opportunity." The market benefits from affordable property prices averaging $297,094, occupancy that exceeds the state average, and above-average market growth trends. With only 23 active listings, competition is limited but so is the demand pool, so investors should carefully evaluate guest demand drivers and seasonal cash-flow variability before committing.

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

The average daily rate in Wabash is $167, which is below the Indiana state average of $290. When broken down by size, 1-bedroom listings average $97 per night and 2-bedroom listings average $94 per night. The overall market ADR reflects the mix of property types and seasonal pricing adjustments across the 23 active listings.

Are short-term rentals legal in Wabash?

Short-term rentals are generally permitted in Wabash, Indiana, though operators may need to obtain local permits or register with the city. Regulations can include occupancy limits, noise ordinances, and parking requirements. Investors should verify the latest rules with the City of Wabash and check for any HOA or deed restrictions on the specific property they're considering.

When is peak season for Airbnb in Wabash?

Peak season in Wabash runs from May through October, with July being the strongest month at an average of $2,810 in revenue per listing. August ($2,126) and May ($1,994) are also notably strong. The slowest months are January ($506) and February ($768), creating a wide seasonal spread that investors should factor into their cash-flow planning.

How many Airbnbs are there in Wabash?

There are currently 23 active Airbnb listings in Wabash as of April 2026. The supply is concentrated in smaller properties, with 8 one-bedroom and 9 two-bedroom listings making up the majority. Year-over-year listing growth has been significant at 74%, indicating rising interest from hosts and investors.

How is Airbnb revenue calculated in Wabash?

The annual and monthly revenue figures for Wabash 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, drops 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 still reflecting seasonal peaks and slower months, since 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, occupancy rates, and daily rates by market
• Historical revenue and yield metrics based on trailing 12-month booking performance
• Property size breakdowns for listings, ADR, occupancy, and revenue
• Home value data sourced from the Zillow Home Value Index (ZHVI)
• Amenity prevalence data across active listings in the market

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 market conditions may have shifted since the reporting period. Local regulations, tax obligations, and permit requirements can change; investors should verify current rules with municipal authorities before purchasing.