How many Airbnb and VRBO listings are in Springfield?

Over the 12 months ending September 2026, the Springfield market averaged 1,167 active Airbnb and VRBO listings, up 6% from a year earlier and up 179% over two years.

How much do Airbnbs and VRBOs make in Springfield?

An average Springfield listing earns $28K/year. High-performing listings earn $55K, while low-performing listings earn $9K.

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

Median Springfield home prices by size are 1-bedroom $144K, 2-bedroom $113K, 3-bedroom $179K, and 4+ bedroom $241K.

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

Average occupancy in Springfield is 35%, producing RevPAR of $58 per available night.

Are short-term rentals legal in Springfield?

Rules vary across Springfield. Springfield: Lenient. No specific STR regulations. Standard business licensing may apply. Minimal enforcement. Champaign: Moderate. License required, safety inspections, occupancy limits. Some enforcement of problem properties. Bloomington: Moderate. Registration required, owner-occupancy for whole-house rentals, density limits in some zones. Moderate enforcement. Peoria: Lenient. Business license needed, basic zoning compliance. Light enforcement, mainly complaint-driven. Verify requirements for the property's jurisdiction.

Is the Springfield Airbnb and VRBO market oversaturated?

The Springfield Airbnb and VRBO market appears broadly balanced. Supply has grown 6% year-over-year, while RevPAR has increased 9%, showing no clear supply-demand imbalance.

When is peak season for Airbnbs and VRBOs in Springfield?

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

Which Airbnb and VRBO amenities matter most in Springfield?

The most common amenities are Internet (99%), Air Conditioning (99%), Heating (98%). The strongest positive revenue associations are Washing Machine (+41%), Parking (+35%), Bbq (+20%).

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

Average daily rate in Springfield is $210, up 23% year-over-year. Rates peak in May and are lowest in January.

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

Guests in Springfield book an average of 29 days in advance, down 3% from last year. Booking windows range from 24 days for 1-bedroom listings to 34 days for 4+ bedroom listings.

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

Booking demand is highest on Saturday and lowest on Monday. Nightly rates peak on Saturday and are lowest on Monday. Weekend occupancy is 44% higher than weekday occupancy.

How is gross yield calculated?

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.

Springfield, IL

Springfield

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Annual revenue (actual)

$28.4k

12 mo avg

↑3%

from prior 12 mo

Occupancy rate

38%

12 mo avg

↓7%

from prior 12 mo

Avg daily rate

$194

12 mo avg

↑21%

from prior 12 mo

Gross yield

17.7%

Current potential

↓0.5 pts

vs prior-year prices

Lead time

29 days

12 mo avg

↓2 days

from prior 12 mo

Revpar

$57

12 mo avg

↑1%

from prior 12 mo

Springfield Airbnb market summary

Compare Airbnb neighborhoods in Springfield, IL

Ranked by median gross yield across eligible homes. Each home’s annual room-revenue potential is compared with its ZIP- and bedroom-matched value, before expenses.

Neighborhood	Revenue (potential)	Gross yield
Danville and Eastern Prairie	$33.3K 8 listings	34.2% 8 listings
Taylorville, Shelbyville and Lake Shelbyville Country	$30.8K 21 listings	25.4% 21 listings
Charleston, Mattoon and Coles County	$23.8K 20 listings	25.1% 20 listings
Decatur and Macon County	$30.3K 48 listings	25.0% 48 listings
Hillsboro, Litchfield and Carlinville	$30.9K 21 listings	23.2% 21 listings

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Data as of 2026-09-30

Revenue per listing by bedroom

Annual revenue per listing, broken down by bedroom count. Compare which property sizes perform best.

Bedroom count:

Short-term rental supply growth

Tracks how the number of active listings changes over time. Rising supply with flat revenue may indicate saturation.

Performance metrics by bedroom

Breakdown of revenue, property values, yields, supply, and cleaning fees for each bedroom type.

Bedrooms

Median revenue

Median home value

Gross yield

Supply

Cleaning fee

🔒 •••

🔒 $5•

🔒 •••

🔒 $7•

🔒 •••

$102

🔒 •••

🔒 $1••

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