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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
West Plains offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
West Plains, MO presents an intriguing niche opportunity for short-term rental investors drawn to smaller rural markets with favorable property pricing. With an average home value of $356,520 and annual STR revenue averaging $16,942, the revenue-to-price ratio sits at an average level — enough to merit a closer look, especially given occupancy rates that outpace the Missouri state average (37% vs. 28%). The market is compact at just 26 active listings, which means less competition but also a narrower demand base that investors should weigh carefully.
According to Rabbu market data, the West Plains short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 26 |
| Average Daily Rate (ADR) | vs. $240 state avg. | $123 |
| Average Occupancy Rate | vs. 28% state avg. | 37% |
| RevPAN | ADR * Occupancy Rate | $45 |
| Average Monthly Revenue | Historical 12-month average | $1,411 |
| Average Annual Revenue | Historical 12-month average | $16,942 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
Investors are drawn to West Plains for its affordable entry point relative to state averages and its above-average occupancy rate, making it a viable low-cost STR play in southern Missouri.
Key investment factors
"With an ROI score of 55 out of 100 — categorized as an "Attractive Opportunity" — West Plains offers a moderate investment profile that leans on affordable property costs and above-average occupancy rather than high nightly rates. Revenue is heavily seasonal: June leads at $3,528 in average monthly revenue, while February bottoms out at just $276, creating a roughly 13:1 peak-to-trough ratio that investors need to plan around. The market rewards operators who can maximize summer bookings and keep costs lean during the quiet winter months. For investors comfortable with pronounced seasonality and a smaller, less liquid market, West Plains can deliver reasonable returns — particularly in the 3-bedroom segment."
— Rabbu Market Analysis Team
West Plains shows extreme seasonality, with June generating the highest average revenue at $3,528 and February hitting a low of just $276 — a spread that underscores the importance of summer-season pricing optimization. A secondary spike in January ($1,898) adds an unexpected revenue boost, potentially tied to regional hunting or holiday travel.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$1,898 |
| February |
|
$276 |
| March |
|
$643 |
| April |
|
$504 |
| May |
|
$1,569 |
| June |
|
$3,528 |
| July |
|
$2,565 |
| August |
|
$1,878 |
| September |
|
$1,654 |
| October |
|
$949 |
| November |
|
$764 |
| December |
|
$709 |
The market's 26 active listings are concentrated in 2-bedroom units (16 listings, roughly 62% of supply), with only 6 three-bedroom properties. The absence of 1-bedroom and 4+ bedroom listings could represent either limited demand for those sizes or an untapped niche worth exploring.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
16 |
| 3 bedrooms |
|
6 |
ADR scales modestly from $115 for 2-bedroom units to $150 for 3-bedroom properties — a 30% premium that may be worth pursuing given that larger homes command higher nightly rates without dramatically higher acquisition costs in this affordable market.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$115 |
| 3 bedrooms |
|
$150 |
Two-bedroom properties deliver a stronger RevPAN of $44 compared to $37 for 3-bedroom units, driven primarily by their higher occupancy rates. Investors focused on maximizing revenue per available night may find 2-bedroom configurations more efficient in this market.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$44 |
| 3 bedrooms |
|
$37 |
Two-bedroom listings maintain a 39% occupancy rate — substantially higher than the 25% seen for 3-bedroom properties. This 14-percentage-point gap means 2-bedroom investors can expect more consistent booking flow, though 3-bedroom owners compensate somewhat with higher nightly rates.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
39% |
| 3 bedrooms |
|
25% |
Three-bedroom properties edge out 2-bedrooms on average monthly revenue ($1,620 vs. $1,409), a $211 monthly advantage driven by their higher ADR despite lower occupancy. For investors prioritizing raw revenue over booking frequency, the larger format has a slight edge.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$1,409 |
| 3 bedrooms |
|
$1,620 |
On an annual basis, 3-bedroom properties generate approximately $19,440 compared to $16,916 for 2-bedroom units — a $2,524 difference that investors should weigh against the typically higher purchase price and operating costs of larger homes. Both configurations offer modest but accessible return potential in this affordable market.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$16,916 |
| 3 bedrooms |
|
$19,440 |
Parking (100%) and kitchen access (96%) are essentially table stakes in West Plains, while backyard space (81%) and self check-in (81%) round out the top tier — signaling a guest base that values independence, outdoor space, and a home-like experience. Half of listings allow pets, which is a smart differentiator in a market likely attracting road-trippers and families exploring the Ozarks.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
100% |
| Kitchen |
|
96% |
| Backyard |
|
81% |
| Self Check-in |
|
81% |
| Washer |
|
77% |
| Dryer |
|
73% |
| Workspace |
|
65% |
| Outdoor Furniture |
|
58% |
| Pets |
|
50% |
| Patio or Balcony |
|
46% |
| BBQ Grill |
|
31% |
| EV Charger |
|
4% |
| Waterfront |
|
4% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | West Plains Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Average | 40% |
| Occupancy Stability | Below average | 30% |
| Market Growth Trend | Average | 15% |
| Supply/Demand Balance | Average | 15% |
West Plains earns a 55 out of 100 on Rabbu's ROI Score, placing it in the "Attractive Opportunity" band — a mid-range rating that reflects average revenue-to-price ratios and market growth trends, tempered by below-average occupancy stability. The supply/demand balance sits at an average level, though the 52% year-over-year growth in listings warrants attention as it could shift this equilibrium. Investors should pair these metrics with on-the-ground regulatory research and a clear seasonal pricing strategy to make the most of this market's potential.
Understanding local STR regulations is essential before investing in West Plains. Here's the current regulatory landscape:
Short-term rental operators in West Plains, Missouri may be required to obtain a business license or STR-specific permit from the city. Investors should verify current registration requirements directly with West Plains city hall and the Howell County clerk's office before listing a property.
Common restrictions that may apply include occupancy limits tied to bedroom count, noise and nuisance ordinances, parking requirements for guests, and potential HOA covenants that could limit or prohibit short-term rentals. Some jurisdictions in Missouri also enforce minimum-stay rules or cap the number of permits issued in a given area, so local research is essential.
STR hosts in Missouri are generally subject to state sales tax and may owe local transient occupancy or tourism taxes. Platforms like Airbnb often collect and remit state-level taxes automatically, but hosts should confirm whether any additional city or county taxes apply in West Plains.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in West Plains can provide current regulatory guidance.
Financing an Airbnb investment in West Plains requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, West Plains is likely to see continued seasonal swings, with summer months driving the bulk of annual revenue and winter demand remaining soft. Listing supply grew 52% year-over-year, so investors should monitor whether demand keeps pace with new inventory entering the market. ADR may hold steady in the $120–$155 range depending on property size, though occupancy could face mild downward pressure if supply growth continues at this pace. We estimate annual revenue for well-managed properties could remain in the $16,000–$20,000 range, with upside for hosts who optimize pricing during the June–September peak window."
— 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. Market data reflects trailing 12-month performance and conditions may change as new listings enter or local regulations evolve. Individual property results will vary based on location, condition, pricing strategy, and management quality.
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