Question 1

How many Airbnb and VRBO listings are in Charlottesville?

Accepted Answer

Over the 12 months ending September 2026, the Charlottesville market averaged 1,587 active Airbnb and VRBO listings, down 2% from a year earlier and up 23% over two years.

Question 2

How much do Airbnbs and VRBOs make in Charlottesville?

Accepted Answer

An average Charlottesville listing earns $42K/year. High-performing listings earn $93K, while low-performing listings earn $18K.

Question 3

How much does it cost to buy an Airbnb or VRBO property in Charlottesville?

Accepted Answer

Median Charlottesville home prices by size are 1-bedroom $255K, 2-bedroom $308K, 3-bedroom $416K, and 4+ bedroom $732K.

Question 4

What is the occupancy rate for Airbnb and VRBO in Charlottesville?

Accepted Answer

Average occupancy in Charlottesville is 32%, producing RevPAR of $92 per available night.

Question 5

Are short-term rentals legal in Charlottesville?

Accepted Answer

Rules vary across Charlottesville. Charlottesville: Strict. Zoning permit required, owner-occupancy mandatory for whole-house rentals, 30-day minimum stay in residential zones. Active enforcement with violations prosecuted.
Staunton: Moderate. Business license and zoning approval required, owner-occupancy needed for whole-house STRs. Moderate enforcement, some unlicensed operators exist.
Waynesboro: Lenient. Business license required, basic zoning compliance. Light enforcement, minimal restrictions on operations. Verify requirements for the property's jurisdiction.

Question 6

Is the Charlottesville Airbnb and VRBO market oversaturated?

Accepted Answer

The Charlottesville Airbnb and VRBO market does not show clear signs of oversaturation. Supply has declined 2% year-over-year, while RevPAR has increased 13%, suggesting demand is outpacing available supply.

Question 7

When is peak season for Airbnbs and VRBOs in Charlottesville?

Accepted Answer

RevPAR is highest in May and September; it is lowest in January and February.

Question 8

Which Airbnb and VRBO amenities matter most in Charlottesville?

Accepted Answer

The most common amenities are Air Conditioning (98%), Internet (96%), Heating (96%). The strongest positive revenue associations are Washing Machine (+54%), Bbq (+46%), Lake Access (+43%).

Question 9

What is the average nightly rate for Airbnbs and VRBOs in Charlottesville?

Accepted Answer

Average daily rate in Charlottesville is $328, up 24% year-over-year. Rates peak in May and are lowest in January.

Question 10

How far in advance do guests book Airbnb and VRBO stays in Charlottesville?

Accepted Answer

Guests in Charlottesville book an average of 37 days in advance, down 3% from last year. Booking windows range from 33 days for 1-bedroom listings to 47 days for 4+ bedroom listings.

Question 11

Which days of the week perform best for Airbnbs and VRBOs in Charlottesville?

Accepted Answer

Booking demand is highest on Saturday and lowest on Tuesday. Nightly rates peak on Saturday and are lowest on Wednesday. Weekend occupancy is 101% higher than weekday occupancy.

Question 12

How is gross yield calculated?

Accepted Answer

For each eligible home, annual room-revenue potential is divided by a ZIP- and bedroom-matched home-value estimate. Groups show the median of those yields. Cleaning income is excluded. Gross yield is before expenses and financing.

Neighborhood	Revenue (potential)	Gross yield
1.Orange & Lake Anna Countryside	$81.8K 21 listings	16.3% 21 listings
2.North Charlottesville & Albemarle	$42.9K 40 listings	13.3% 40 listings
3.Stanardsville & Greene Highlands	$42.5K 63 listings	12.9% 63 listings
4.Central & South Charlottesville	$43.9K 133 listings	11.7% 133 listings
5.Afton & Blue Ridge	$51.0K 67 listings	11.7% 67 listings
6.East Charlottesville & Keswick	$37.4K 25 listings	11.2% 25 listings
7.Crozet & Western Albemarle	$46.5K 21 listings	11.0% 21 listings
8.West Charlottesville & UVA	$39.9K 90 listings	10.5% 90 listings