Greenvile

As of June 2026, Greenville, Asheville, Spartanburg have 3,663 active Airbnb and VRBO listings. This represents a 1% decrease from the previous year.

The average Airbnb or VRBO in Greenvile generates $33K per year. High-performing properties earn $69K/year, while low-performing properties earn $12K/year. This wide disparity suggests that revenue outcomes are highly polarized, as the stagnant supply levels fail to prevent a sharp contraction in total market earnings.

Average home prices in Greenvile vary by property size: 1-bedroom properties cost approximately $174K, 2-bedroom homes average $195K, 3-bedroom properties are around $293K, and 4+ bedroom homes average $410K. These prices reflect median home values across the Greenville, Asheville, Spartanburg area.

Airbnb and VRBO can be profitable in Greenvile, with an average gross yield of 10% across all properties. High-performing properties achieve yields up to 22%, which is considered top for short-term rental investment. Such a significant yield spread highlights how top-tier listings capture outsized returns despite broader downward pressure on market revenue.

The average occupancy rate for Airbnbs and VRBOs in Greenvile is 34%. This occupancy level, combined with an average nightly rate of $236, results in a RevPAR (revenue per available room) of $62 per day.

2-bedroom properties demonstrate the strongest performance in Greenvile, with an average gross yield of 13% and annual revenue of $27K. These properties balance purchase price ($195K), operating costs, and rental demand most effectively in the Greenvile market.

Short-term rental regulations vary by jurisdiction in the Greenvile area. Greenville, SC: Moderate. Business license required, zoning restrictions apply, no owner-occupancy mandate. Enforcement exists but inconsistent; many hosts operate in restricted zones. Asheville, NC: Strict. Conditional use permit required, owner-occupancy mandatory for homestays, density caps in residential areas. Active enforcement with complaints investigated and fines issued. Spartanburg, SC: Lenient. Business license needed, basic zoning compliance. Minimal enforcement; regulations rarely enforced unless neighbor complaints arise. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Greenvile Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 1% year-over-year, while RevPAR has decreased 27%. This indicates balanced supply-demand dynamics. The simultaneous drop in revenue suggests that demand is softening at a faster rate than inventory can adjust, impacting overall market profitability.

Launch around April, 2-3 months before peak fall season (July peaks). This pre-peak timing lets you build reviews when competition is -10% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (December-January) when gaining traction is harder.

The most common amenities in Greenvile listings include: Air Conditioning (99%), Kitchen (95%), Washing Machine (88%), Tv (87%), Heating (73%). Amenities that boost revenue the most include Lake Access, Hot Tub, Washing Machine, with Lake Access properties earning approximately 49% more ($63K/year vs $42K/year).

Monthly estimated revenue per listing in Greenvile over the last 12 months: May: $2K, June: $2K, July: $3K, August: $2K, September: $2K, October: $2K, November: $2K, December: $2K, January: $989, February: $1K, March: $2K, April: $2K. 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 Greenvile is $236, up 17% year-over-year. By property size: 1-bedroom properties average $129/night, 2-bedroom properties average $179/night, 3-bedroom properties average $230/night, 4+ bedroom properties average $458/night. Rates peak in July and are lowest in January.

Guests in Greenvile book an average of 31 days in advance, down 18% from last year. By property size: 1-bedroom: 27 days, 2-bedroom: 29 days, 3-bedroom: 30 days, 4+ bedroom: 41 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, supply declined 1%, revenue per listing decreased 27%, occupancy fell 20%, average nightly rates increased 17%, and lead time decreased 18%. These metrics reveal a market where operators are attempting to offset lower occupancy and shorter booking windows with higher pricing, leading to overall revenue compression.

In Greenvile, Friday sees the highest booking demand while Monday has the lowest. Nightly rates peak on Friday and are lowest on Tuesday. Weekends show 50% higher occupancy than weekdays.