Chillicothe

As of June 2026, Chillicothe, Athens, Portsmouth have 1,177 active Airbnb and VRBO listings. This represents a 9% increase from the previous year.

The average Airbnb or VRBO in Chillicothe generates $57K per year. High-performing properties earn $112K/year, while low-performing properties earn $27K/year. Supply growth outpaces revenue decline, signaling intensifying competition despite flat two-year trends. The doubling of revenue between low and high performers suggests significant operational or positioning variance within a constrained market.

Average home prices in Chillicothe vary by property size: 1-bedroom properties cost approximately $118K, 2-bedroom homes average $156K, 3-bedroom properties are around $231K, and 4+ bedroom homes average $294K. These prices reflect median home values across the Chillicothe, Athens, Portsmouth area.

Airbnb and VRBO can be profitable in Chillicothe, with an average gross yield of 28% across all properties. High-performing properties achieve yields up to 56%, which is considered top for short-term rental investment. Rising supply combined with declining revenue signals intensifying competition, while the substantial gap between high and average performers—with top properties generating nearly double the revenue—suggests market consolidation favoring well-optimized listings.

The average occupancy rate for Airbnbs and VRBOs in Chillicothe is 37%. This occupancy level, combined with an average nightly rate of $331, results in a RevPAR (revenue per available room) of $113 per day.

1-bedroom properties demonstrate the strongest performance in Chillicothe, with an average gross yield of 47% and annual revenue of $51K. These properties balance purchase price ($118K), operating costs, and rental demand most effectively in the Chillicothe market.

Short-term rental regulations vary by jurisdiction in the Chillicothe area. Chillicothe: Lenient. No specific STR regulations or permit requirements. Operates under general business and zoning rules. Minimal enforcement. Athens: Lenient. No dedicated STR ordinance. Subject to standard zoning and business licensing. Light oversight, hosts operate freely. Portsmouth: Lenient. No STR-specific regulations currently in place. General business licenses may apply. Limited enforcement infrastructure. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Chillicothe Airbnb and VRBO market is currently showing increasingly competitive conditions. Supply has grown 9% year-over-year, while RevPAR has decreased 21%. This indicates growing competition requiring strong operations. The wide gap between average ($56,752) and high-performing ($111,645) revenue suggests market bifurcation, where differentiated properties maintain pricing power while standardized inventory faces margin compression from oversupply.

Launch around April, 2-3 months before peak fall season (July peaks). This pre-peak timing lets you build reviews when competition is 13% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (December-February) when gaining traction is harder.

The most common amenities in Chillicothe listings include: Air Conditioning (99%), Kitchen (97%), Tv (74%), Hot Tub (70%), Heating (64%). Amenities that boost revenue the most include Hot Tub, Pool, Ev Charger, with Hot Tub properties earning approximately 61% more ($73K/year vs $45K/year).

Monthly estimated revenue per listing in Chillicothe over the last 12 months: May: $3K, June: $4K, July: $5K, August: $4K, September: $3K, October: $4K, November: $4K, December: $3K, January: $2K, February: $2K, March: $3K, April: $4K. These figures are based on RevPAR (revenue per available room) multiplied by the number of days in each month.

The overall average nightly rate in Chillicothe is $331, up 9% year-over-year. By property size: 1-bedroom properties average $273/night, 2-bedroom properties average $274/night, 3-bedroom properties average $344/night, 4+ bedroom properties average $594/night. Rates peak in October and are lowest in February.

Guests in Chillicothe book an average of 36 days in advance, down 20% from last year. By property size: 1-bedroom: 34 days, 2-bedroom: 33 days, 3-bedroom: 36 days, 4+ bedroom: 48 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Chillicothe Airbnb and VRBO market has seen the following changes: supply grew 9%, revenue per listing decreased 21%, occupancy fell 17%, average nightly rates increased 9%, and lead time decreased 20%. The supply growth outpacing rate increases signals intensifying competition, while the wide gap between average ($56,752) and high-performing ($111,645) revenue suggests market bifurcation where differentiation significantly impacts returns.

In Chillicothe, Saturday sees the highest booking demand while Tuesday has the lowest. Nightly rates peak on Saturday and are lowest on Tuesday. Weekends show 118% higher occupancy than weekdays.