Question 1

How many Airbnb and VRBO listings are in Evansville?

Accepted Answer

Over the 12 months ending September 2026, the Evansville market averaged 1,514 active Airbnb and VRBO listings, up 13% from a year earlier and up 83% over two years.

Question 2

How much do Airbnbs and VRBOs make in Evansville?

Accepted Answer

An average Evansville listing earns $27K/year. High-performing listings earn $56K, while low-performing listings earn $10K.

Question 3

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

Accepted Answer

Median Evansville home prices by size are 1-bedroom $82K, 2-bedroom $135K, 3-bedroom $214K, and 4+ bedroom $299K.

Question 4

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

Accepted Answer

Average occupancy in Evansville is 37%, producing RevPAR of $57 per available night.

Question 5

Are short-term rentals legal in Evansville?

Accepted Answer

Rules vary across Evansville. Evansville: Lenient. No specific STR regulations. General business license may apply. Minimal enforcement.
Bloomington: Moderate. Registration required, owner-occupancy for whole-house rentals, density limits in some zones. Moderate enforcement with complaints.
Louisville: Moderate. Conditional use permit, inspections, owner-occupancy for Type 1. Standard enforcement, some unpermitted operations exist.
Nashville: Strict. Owner-occupancy required, permit caps, no new non-owner-occupied permits since 2022. Active enforcement with significant fines. Verify requirements for the property's jurisdiction.

Question 6

Is the Evansville Airbnb and VRBO market oversaturated?

Accepted Answer

The Evansville Airbnb and VRBO market appears broadly balanced. Supply has grown 13% year-over-year, while RevPAR has increased 10%, showing no clear supply-demand imbalance.

Question 7

When is peak season for Airbnbs and VRBOs in Evansville?

Accepted Answer

RevPAR is highest in July and June; it is lowest in January and February.

Question 8

Which Airbnb and VRBO amenities matter most in Evansville?

Accepted Answer

The most common amenities are Air Conditioning (99%), Parking (97%), Heating (96%). The strongest positive revenue associations are Air Conditioning (+53%), Lake Access (+48%), Hot Tub (+47%).

Question 9

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

Accepted Answer

Average daily rate in Evansville is $182, up 12% year-over-year. Rates peak in July and are lowest in February.

Question 10

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

Accepted Answer

Guests in Evansville book an average of 34 days in advance, up 8% from last year. Booking windows range from 32 days for 3-bedroom listings to 39 days for 4+ bedroom listings.

Question 11

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

Accepted Answer

Booking demand is highest on Saturday and lowest on Monday. Nightly rates peak on Saturday and are lowest on Tuesday. Weekend occupancy is 52% 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.Downtown and West Evansville	$29.3K 48 listings	23.2% 48 listings
2.North and East Evansville	$20.0K 39 listings	15.3% 39 listings
3.Downtown and West Owensboro	$28.2K 62 listings	15.1% 62 listings
4.Lake of Egypt Country	$38.6K 23 listings	14.6% 23 listings
5.Marion and Herrin	$30.0K 28 listings	14.1% 28 listings
6.Warrick County Country	$33.0K 22 listings	11.9% 22 listings